TurboTax - I have used TURBO tax for years and 2015 is the I have used TURBO tax for years and 2015 is the first time I have had issues!!! I now owe the IRS money and am being penalized for taxes not being calculated correctly. ALl the #s I entered are correct, its the math done by TURBOTAX that is incorrect.
Total outlays in recent budget submissions. 1  2016 United States federal budget â $4.0 trillion (submitted 2015 by President Obama) 2  2015 United States federal budget â $3.9 trillion (submitted 2014 by President Obama) 3  2014 United States federal budget â $3.5 trillion (submitted 2013 by President Obama)
What Is the Federal Budget Deficit? The deficit is the annual difference between government spending and government revenue. Every year, the government takes in revenue in the form of taxes and other income, and spends money on various programs, such as national defense, Social Security, and healthcare. If the government spends more than it takes in, then it runs a deficit. If the government takes in more than it spends, it runs a surplus.