federal spending is "the highest it's been as a share of our economy in 60 years (and) revenue is the lowest it's been as a share of our economy in 60 years."
federal spending is "the highest it's been as a share of our economy in 60 years (and) revenue is the lowest it's been as a share of our economy in 60 years."
kent conrad
jul 15, 2011 ... summary. washington's spending has recently been higher as a percentage of  the nation's economic output than at any time since world war ii. but by the same  measure, washington's revenues are the lowest in more than 60 years. so does  the u.s. have "a spending problem," as republicans keep ...
may 23, 2012 ... before the day was out, roughly a dozen politifact readers had forwarded it to us,  seeking our view of its accuracy. so we looked into it. ... second, federal  spending under obama is higher as a share of gross domestic product than it has  been in most of the previous 60 years. that, too is because of the ...
total revenues in fiscal year (fy) 2014 [1] the federal government collected  revenues of $3 trillion—about 17.5 percent of gdp. ... in recent years, the figure  has been on the high end of that range because of unusually high profits of the  federal reserve board related to its efforts to stimulate the economy since 2008.
jun 4, 2013 ... claims that the united states' corporate tax rate is uniquely burdensome to u.s.  business when compared with the corporate tax rates of its industrial peers are ...  over the past few years, there has been heated debate over the statutory  corporate income-tax rate, which has stood at 35 percent since 1993.
during fiscal year 2016, the federal government received approximately $3.3  trillion in tax and fee revenue and had outlays (spending) of $3.9 trillion; the  difference was a $587 billion deficit. measured as a percentage of gross  domestic product (a measure of the size of the economy), revenues were 17.8%  gdp, above the ...