And expenditure for financial year 2018-19 is being tabled in the National-2025

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The increase in net cost is the combined effect of many offsetting increases and decreases across the government. Total Government tax and other revenues grew by $9.7 billion (0.3 percent) to about $3.4 trillion for fiscal year 2018.
o At the end of fiscal year 2018, debt subject to the statutory limit was $21.5 trillion.
Revenues received by the federal government in 2018 totaled $3.3 trillion, of which $1.7 trillion was receipts from individual income taxes.
2018 United States federal budget SubmittedMarch 16, 2017 Submitted by Donald Trump Submitted to 115th Congress Total revenue $3.654 trillion (estimated) $3.330 trillion (actual) 16.5% of GDP Total expenditures $4.094 trillion (requested) $4.109 trillion (actual) 20.3% of GDP5 more rows
The U.S. federal government collected $3.33 trillion in total tax revenue in 2018. Meanwhile, state governments collected a total of $1.04 trillion and local governments collected $0.44 trillion. Altogether, that means $4.81 trillion in tax revenues was collected in the U.S in 2018.
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Explanation: The largest expenditure for the federal government in fiscal year 2019 was interest on the national debt. The national debt refers to the total amount of money that the government owes to its lenders.

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