How much did the US government spend in 2014?

2014 United States federal budget

Submitted April 10, 2013
Total expenditures $3.77 trillion (requested) $3.506 trillion (actual) 20.3% of GDP (actual)
Deficit $744 billion (requested) 4.4% of GDP (requested) $484.6 billion (actual) 2.8% of GDP (actual)
Debt $17.79 trillion (at fiscal end) 103.2% of GDP
GDP $17.244 trillion

How much revenue did the government get 2014?

U.S. Tax Revenue by Year

Fiscal Year Revenue
FY 2015 $3.25 trillion
FY 2014 $3.02 trillion
FY 2013 $2.77 trillion
FY 2012 $2.45 trillion

Where did most of the government’s income come from in 2014?

About 50 percent of federal revenue comes from individual income taxes, 7 percent from corporate income taxes, and another 36 percent from payroll taxes that fund social insurance programs (figure 1).

What is the largest government program?

Social Security program
Presently, the Social Security program is the largest single item in the annual federal government budget. As a percentage of total federal expenditures, in 2002 Social Security benefits were approximately 22.6% of federal expenditures.

How much debt is our federal government currently in?

By the end of 2020, the federal government had $26.95 trillion in federal debt.

What the government spends money on?

Federal expenditures fall into five main categories: health insurance (Medicaid and Medicare), retirement benefits (Social Security), national defense, interest on the debt and “other spending” (a broad category that covers spending on education, housing, transportation, agriculture, etc.).

What kind of car is the 2014 Camaro?

The 2014 Chevrolet Camaro is available as a coupe and convertible, and in over half a dozen trim levels. Base LS models, available as a coupe only, come with a 6-speaker AM/FM/CD/satellite audio system with Bluetooth and an auxiliary jack, cruise control, 18-inch steel wheels and a limited-slip differential.

What was the budget for the year 2014?

‹ 2013. 2015 ›. The 2014 United States federal budget is the budget to fund government operations for the fiscal year (FY) 2014, which began on October 1, 2013 and ended on September 30, 2014.

How much does the US government spend each year?

United States Government Spending Government Spending in the United States increased to 3293.82 USD Billion in the second quarter of 2019 from 3258.14 USD Billion in the first quarter of 2019.

What was the consumer spending rate in April 2019?

April 2019: 0.7 percent. Consumer spending, or personal consumption expenditures (PCE), is the value of the goods and services purchased by, or on the behalf of, U.S. residents. At the national level, BEA publishes annual, quarterly, and monthly estimates of consumer spending.