Interpreted Prediction
Between 2020 and 2021, the US government spent approximately $13.2 trillion while only generating $7.4 trillion in taxes, necessitating the creation of around $5.8 trillion by the Federal Reserve.
AI Evaluation Notes
According to Treasury Department data, tax revenues in 2020 and 2021 totaled roughly $7.5 trillion. Government spending reached approximately $6.55 trillion in 2020 and $6.82 trillion in 2021, totaling around $13.37 trillion.