3 days ago · Government revenue is income received from taxes and other sources to pay for government expenditures. The U.S. government has collected $ 1.08 trillion in fiscal year 2025. Fiscal year-to-date (since October 2024) total updated monthly using the Monthly Treasury Statement (MTS) dataset.

Government revenue or national revenue is money received by a government from taxes and non-tax sources to enable it, assuming full resource employment, to undertake non-inflationary public expenditure.

The federal government collected revenues of $4.9 trillion in 2022—equal to 19.6 percent of gross domestic product (GDP) (figure 2). Over the past 50 years, federal revenue has averaged 17.4 percent of GDP, ranging from 20.0 percent (in 2000) to 14.5 percent (in 2009 and 2010).

Oct 25, 2024 · The federal government has many different revenue streams. About 49% of revenue in FY 2023 was collected through individual income taxes, while 37% was through payroll taxes. Other revenue sources include customs duties, sales taxes, estate and …

The U.S. government has collected $ 1.08 trillion in fiscal year 2025 in order to pay for the goods and services provided to United States citizens and businesses. Learn more about revenue sources, trends over time, and how revenue compares to GDP.

Aug 1, 2024 · The federal government collected $4.47 trillion in revenue during the 2023 fiscal year. That’s a lot (10 zeros to be exact) but it also represents a decrease of 15.5%, a drop from the 14.3% increase we saw between 2021 and 2022.

How much does the US federal government spend? About $6.2 trillion in fiscal year (FY) 2023. This averages about $18,400 per person in the US. The amount the government can spend depends on the amount of revenue it collects (e.g., through taxes, …

In fiscal year 2025 1, the federal government has collected $ 1.08 trillion in revenue. The federal government collects revenue from a variety of sources, including individual income taxes, payroll taxes, corporate income taxes, and excise taxes. It also collects revenue from services like admission to national parks and customs duties.

Related Resources Certain material weaknesses, limitations, and uncertainties prevented the Government Accountability Office from expressing an opinion on the U.S. Government's consolidated financial statements included in the Financial Report and, therefore, GAO disclaimed an opinion on such statements.

Jan 16, 2025 · The Financial Report of the U.S. Government provides a comprehensive view of government finances, including revenues, costs, assets, liabilities, and long-term sustainability.