ilmscore | US Government Spending vs. Taxes (2020-2021) Predictions
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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.
"Between 2020 to 2021, the United States government generated around $7.4 trillion in taxes over thos..."
Nov 24, 2025
Correct