Government total expenditures (W068RCQ027SBEA) | FRED | St. Louis Fed
Government total expenditures| fred.stlouisfed.org
Though it lasted fewer than four years, World War II was the most expensive war in United States history. Adjusted for inflation to today’s dollars, the war cost over $4 trillion and in 1945, the war’s last year, defense spending comprised about 40% of gross domestic product (GDP). During that time, the government used new methods to raise the required funds and succeeded in accomplishing its goal. While the wars waged in today’s world are significant and costly, they still pale in comp...| online.norwich.edu
Government total expenditures| fred.stlouisfed.org
Federal government current tax receipts| fred.stlouisfed.org
Deficit reduction is impossible without economic growth. That means we must extend the tax cuts now and then confront Congress’ addiction to spending your money.| Protect Prosperity
