How much money did the government spend in 2013?

How much money did the government spend in 2013?

2013 United States federal budget

Submitted February 13, 2012
Total expenditures $3.803 trillion (requested) $3.45 trillion (actual) 20.8% of GDP (actual)
Deficit $901 billion (requested) 5.5% of GDP $680 billion (actual) 4.1% of GDP (actual)
Debt $16.72 trillion (at fiscal end) 100.8% of GDP
GDP $16.582 trillion

What was Canada’s deficit in 2013?

2013 Canadian federal budget

Presented 21 March 2013
Total expenditures 282.6 billion (Projected) 279.7 billion (Actual)
Deficit 18.9 billion (Projected) 8.1 billion (Actual)
‹ 2012 2014 ›

How much did Americans spend in 2013 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

What was the budget deficit in 2012?

$1.101 trillion
Total revenues and spending The Obama administration’s budget request contained $2.627 trillion in revenues and $3.729 trillion in outlays (expenditures) for 2012, for a deficit of $1.101 trillion.

How much did the federal government raise through taxes in fiscal year 2013 how much did it spend?

Total federal spending has grown every year since 2013, growing from $3.45 trillion in FY 2013 to a projected $4.65 trillion in FY 2020. That trend has only accelerated since 2016, with spending increasing by nearly $340 billion between FY 2018 and 2019 alone.

How much did the federal government spend in 2016?

2016 United States federal budget

Submitted February 2, 2015
Submitted to 114th Congress
Total revenue $3.525 trillion (requested) $3.268 trillion (actual) 17.8% of GDP
Total expenditures $3.999 trillion (requested) $3.853 trillion (actual) 20.9% of GDP
Deficit $474 billion (requested) $585 billion (actual) 3.2% of GDP

How much money does the government have 2021?


OUTLAYS $6.8 Trillion
REVENUES $3.8 Trillion
DEFICIT $3.0 Trillion
DEBT HELD BY THE PUBLIC (End of Fiscal Year) $23.0 Trillion

Does the government spend more or less than it receives in income?

Total U.S. Government Spending. Government spending covers a range of services provided by the federal, state, and local governments. When the federal government spends more money than it receives in taxes in a given year, it runs a budget deficit.

What is the annual budget deficit?

The CBO projects that the federal budget deficit for this fiscal year will reach about $3 trillion. That would be nearly $130 billion less than the 2020 deficit but triple the 2019 shortfall.

What was the budget deficit in 2012 quizlet?

The Congressional Budget Office said the budget deficit was about​ $1.1 trillion in fiscal year 2012. That is about​ $200 billion smaller than in​ 2011, but still ranks as the​ fourth-largest deficit since World War II.

What was the expenditure in the Budget 2013-14?

Plan Expenditure placed at Rs. 5,55,322 crore. It is 33.3 percent of the total expenditure while Non Plan Expenditure is estimated at Rs. 11,09,975 crore. The plan expenditure in 2013-14 will be 29.4 percent more than the RE of the year 2012-13.

What was the effect of the Irish budget 2013?

Annex A: Effect of 2013 Budget Measures on Different Categories of Income Earners (PDF) How Fair Have Ireland’s Recent Budgets been? (PDF)

When did the federal government shut down in 2013?

United States federal government shutdown of 2013. Late in the evening of October 16, 2013, Congress passed the Continuing Appropriations Act, 2014, and the President signed it shortly after midnight on October 17, ending the government shutdown and suspending the debt limit until February 7, 2014.

When was the last time Congress passed a budget?

Budget negotiations can be difficult when the president is not of the party that controls one or both houses of Congress. The last budget was passed on April 29, 2009. If the Congress fails to pass budgetary approval by the end of the fiscal year, a “funding gap” results.

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