During FY2019, the federal government spent $4.45 trillion, up $338 billion or 7.1% vs. FY2018 spending of $4.11 trillion. Spending increased for all major categories and was mainly driven by higher spending for Social Security, net interest on the debt, and defense. Spending as % GDP rose from 20.3% GDP to 21.2% GDP, above the 50-year average. Also during FY2019, the federal government collected approximately $3.46 trillion in tax revenue, up $133 billion or 3.7% versus FY2018. Primary receipt categories included individual income taxes ($1,717B), Payroll taxes ($1,244B), and corporate taxes ($230B).