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How much did the US government spend in 2010?

2010 United States federal budget President Barack Obama with OMB Director Peter Orszag.SubmittedFebruary 26, 2009Total expenditures$3.552 trillion (requested) $3.456 trillion (actual) 23.4% of GDP (actual)Deficit$1.171 trillion (requested) $1.294 trillion (actual) 8.7% of GDP (actual)7 more rows

What is US defense budget?

On March 9, 2023, the Biden-Harris Administration submitted to Congress a proposed Fiscal Year (FY) 2024 Budget request of $842 billion for the Department of Defense (DoD), an increase of $26 billion over FY 2023 levels and $100 billion more than FY 2022.

How much did the federal government spend in 2012?

The enacted budget contained $2.469 trillion in receipts and $3.796 trillion in outlays, for a deficit of $1.327 trillion.

How much did the US federal government spend in 2011?

The report updated the projected 2011 deficit to $1.590 trillion. This is based on estimated revenues of $2.228 trillion and outlays of $3.818 trillion. The enacted 2011 budget called for $2.314 trillion in receipts and $3.630 trillion in outlays, ing to the September 1, 2011 Mid-Session Review.

How much did the federal government spend in 2010?

Spending was budgeted at $3.8 trillion. Actual spending was less, at $3.456 trillion. Over half went toward the mandatory budget, such as Social Security, Medicare, and Medicaid. These expenditures have been mandated by law, and require an act of Congress to change.

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How much is the military budget for 2023?

Each year federal agencies receive funding from Congress, known as budgetary resources . In FY 2023, the Department of Defense (DOD) had $1.52 Trillion distributed among its 6 sub-components. Agencies spend available budgetary resources by making financial promises called obligations .

How much is the military budget per year?

The United States spent $766 billion on national defense during fiscal year (FY) 2022 ing to the Office of Management and Budget, which amounted to 12 percent of federal spending. Defense spending in 2022 was less than the average for the last decade, which was 15 percent of the budget.

How much did the welfare system spend in 2010?

In the 2010s federal welfare spending declined off a peak of 3.31 percent GDP in 2010 (including 0.88 percent GDP transferred to states) to 2.0 percent GDP in 2015 (including 0.62 percent GDP transferred to states). State welfare spending declined from 1.45 percent GDP in 2010 to 0.64 percent in 2015.

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How much did the US government spend in 2010?

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How much did the federal government spend in 2010?

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