riahshay21 riahshay21
  • 02-01-2017
  • Business
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How does the federal government fund the yearly budget?

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gmcclanahan
gmcclanahan gmcclanahan
  • 02-01-2017
The federal government raises trillions of dollars in tax revenue each year, though there are many different kinds of taxes. Some taxes fund specific government programs, while other taxes fund the government in general. When all taxes for a given year are insufficient to cover all of the government’s expenses – which is often the case – the U.S. Treasury borrows money to make up the difference.
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nakiya1 nakiya1
  • 02-01-2017
The federal government helps
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