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U.S. Government Spending
Government spending in the United States is the spending of the federal government of the United States, and the spending of its U.S. state, state and Local government in the United States, local governments. Total government spending The US government's Bureau of Economic Analysis for 2019 estimates $7.3 trillion in total government expenditure and $21.4 trillion total GDP which is 34%.Tables 3.1 and 1.1.5, This government total excludes spending by "government enterprises" which sell goods and services "to households and businesses in a market transaction." These "government enterprises" include the U.S. Postal Service, Federal Housing Administration, flood insurance, housing authorities, transit systems, airports, water ports, and utilities. However "their investment, interest payments, and operating surplus (or deficit) are recorded as government transactions." BEA also shows $3.8 trillion government consumption expenditures and gross investment, which excludes transfe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Revenue And Spending GDP
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The major types of political systems in the modern era are democracies, monarchies, and authoritarian and totalitarian regimes. Historically prevalent forms of government include monarchy, aristocracy, timocracy, oligarchy, democracy, theocracy, and tyranny. These forms are not always mutually exclusive, and mixed governme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
