🇺🇸 U.S. Government’s 2024 Budget.

❗️The U.S. government is currently running a significant deficit of $1.83 trillion, an increase of $138 billion from fiscal year 2023.

➕Total Receipts: $4.92 trillion

Individual Income Taxes: $2,426t

Social Insurance & Retirement : $1,710t

Corporation Income Taxes: $530b

Excise Taxes: $101b

Customs Duties: $77b

Miscellaneous: $43b

Estate and Gift Taxes: $32b

➖Total Outlays: $6.75 trillion

Social Security: $1,461t

Health: $912b

Net Interest: $882b

Medicare: $874b

National Defense: $874b

Income Security: $671b

Veterans' Benefits & Services: $325b

Education: $305b

Transportation: $137b

Other: $311b

Deficit: $1,833t