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Spending and Receipts in FY2006, by Time Period (CRS Report for Congress)

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Release Date April 20, 2007
Report Number RS22508
Report Type Report
Authors Philip D. Winters, Government and Finance Division
Source Agency Congressional Research Service
Summary:

The federal government collected $2.407 trillion and spent $2.655 trillion in FY2006. These dollar amounts are so large compared to the amounts that most policy makers and citizens encounter in their daily lives that the magnitudes may lose their significance. Over the years, congressional staff and Members have looked for more understandable measures or comprehensible comparisons. This report attempts to provide some of those measures.