Government Spending Over US$ 6 Trillion Per Year
Posted on 11/13/2023
According to the Treasury Department: “In 2022 the federal government spent US$ 6.27 trillion, with the majority spent on Social Security.” In FY 2023, the number was US$ 6.13 trillion. Last year the government collected US$ 4.44 trillion, mainly through income taxes. As of October 2023, the national debt was US$ 33.17 trillion. Since much…
