The federal government received less money in tax revenues because of the bad economy, and the government was spending more money than it was taking in, so Hoover tried to increase the government's revenue to balance the budget. He signed the Revenue Act of 1932, which was a large tax increase. He also signed the largest tariff (a tax on goods that are traded between foreign countries and the United States) increase in American history which worsened the Great Depression, even though 1000 economists warned him not to sign that.