In People's Pie, you control the budget of the federal government! that are important to you, without setting taxes too high or borrowing too much money. The Japanese government continues to run a budget deficit, as its expenditure exceeds its tax revenue. The gap between the two has expanded since FY2008, Where Your Money Goes - Expenditure Data and Graphs broken up by sectors. Irish, English. The Irish Government's Expenditure Data. Explore Expenditure General government spendingTotal, % of GDP, 2015 2015Source: OECD National Accounts Statistics: National Accounts at a Glance. Show: Chart; Map; Table. Mandatory Spending Mandatory spending covers outlays that are controlled by laws other than appropriations acts. Almost all such spending is for “entitlements 13 Dec 2018 About two-thirds of the budget goes to mandatory spending, programs for which the government does not set a spending cap in advance Who pays the largest share of federal taxes? Click The Chart to Toggle Annotations.
State and local: direct spending on programs. Notes. The table shows overall government expenditures for the specified fiscal year. Spending totals are 18 Jun 2019 billion Individual Income Taxes $1.7 trillion $3.3 Trillion Revenues Click the figures in the center of the pie charts to switch between amounts 2 Mar 2020 The PGPF chart pack illustrates that budget-making involves many and fiscal outlook of the U.S. government within a broad economic,
It included various tax and spending adjustments to bring long-run government tax revenue and spending into line at approximately 21% of GDP, with $4 trillion debt avoidance over 10 years. Under 2011 policies, the national debt would increase approximately $10 trillion over the 2012-2021 period, so this $4 trillion avoidance reduces the projected debt increase to $6 trillion. [99] Government spending is broken down into three categories: mandatory spending, budgeted at $2.966 trillion; discretionary spending, forecasted to be $1.485 trillion; and interest on the national debt, estimated to be $378 billion. Each category of spending has different subcategories, outlined in the sections below. Click the button at the right of each line of the table to display a bar chart of government spending. Click a button at the base of each column for a bar chart or pie chart. You can right click on the chart image to copy and paste it into your own content. Click the image to close the chart display. Government Revenue Pie Chart from US Budget and US Census Bureau data US Spending Analysis State Revenue Analysis Local Revenue Analysis Total Income Tax Analysis Federal Income Tax Analysis State Income Tax Analysis Total Spending Analysis Total Debt Analysis Federal Debt Analysis State Debt Analysis Local Debt Government Revenue Details. Pie Charts US Revenue Pie Chart Federal Revenue Pie Chart State Revenue Pie Chart State & Local Revenue Pie Chart Local Revenue Pie Chart. Spending Charts Chart Gallery Make Custom Chart. States Tax Rank. The pie chart (right) is the government view of the budget. This is a distortion of how our income tax dollars are spent be-cause it includes Trust Funds (e.g., Social Se-curity), and most of the past military spend-ing is not distinguished from nonmilitary spending. For a more accurate representa-tion of how your Federal income tax dollar
The federal deficit in 2017 was $665 billion, equal to 3.5 percent of gross domestic product.
More problematic, though, is that the pie chart ignores mandatory spending. About 60 percent of all federal spending is considered mandatory, with 34 percent considered discretionary and 6 percent As the chart below shows, three major areas of spending make up the majority of the budget: Social Security: In 2017, 24 percent of the budget, or $945 billion, paid for Social Security, which provided monthly retirement benefits averaging $1,404 to 42 million retired workers in December 2017. It included various tax and spending adjustments to bring long-run government tax revenue and spending into line at approximately 21% of GDP, with $4 trillion debt avoidance over 10 years. Under 2011 policies, the national debt would increase approximately $10 trillion over the 2012-2021 period, so this $4 trillion avoidance reduces the projected debt increase to $6 trillion. [99]