The Penny Game

Answers

Government Spending and Income

2019 Federal Government Spending

Budget Category $Billions % of Outlays
Defense
688
16
Education
135
3
Interest
376
8
Foreign Aid
53
1
Social Security
1044
24
Income Security
515
12
Health
1236
28
Environment
36
1
Other
315
7
Total
4,447
100%

2019 Federal Government Income

Income Category $Billions % of Outlays
Individual Income Taxes
1,718
39
Social Insurance Taxes
1,243
28
Corporate Income Taxes
230
5
Other Taxes
271
6
Total Tax Revenue
3,462
78
Deficit
984
22

Source: Final Monthly Treasury Statement, September 2019


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