New report reveals federal spending per person has ballooned by nearly 10,000% since 1916
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US Deficit for FY2025: $1.78 trillion.
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The following table lists federal expenditures, revenues, and GDP for the U.S. economy during several years. Allnumbers are in billions of dollars.Year Revenues Expenditures GDP1948 41.6 29.8 269.21956 74.6 70.6 437.51964 112.6 118.5 663.61972 207.3 230.7 1,238.31980 517.1 590.9 2,789.5Plot the data for revenues and expenditures as a percentage of GDP on the following graph, rounded to the nearestpercent. Use the red points (cross symbol) for expenditures and the green points (triangle symbol) f
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