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The US government's Bureau of Economic Analysis as of Q3 2023 estimates $10,007.7 billion in annual total government expenditure and $27,610.1 billion annual total GDP which is 36.2%. [ 1 ] This government total excludes spending by "government enterprises" which sell goods and services "to households and businesses in a market transaction."
The economic policy of the Joe Biden administration, colloquially known as Bidenomics (a portmanteau of Biden and economics), is characterized by relief measures and vaccination efforts to address the COVID-19 pandemic, investments in infrastructure, and strengthening the social safety net, funded by tax increases on higher-income individuals and corporations.
In "A New Agricultural Policy for the United States," authors Dennis Keeney and Long Kemp summarize the agricultural policy of the United States as follows: "Because of its unique geography, weather, history and policies, the United States has an agriculture that has been dominated by production of commodity crops for use in animal, industrial ...
Publicly held debt was 98% of U.S. gross domestic product as of October, compared with 32% in October 2001. Under a 2023 budget deal, Congress suspended the debt ceiling until Jan. 1, 2025.
Companies have pledged to invest more than $1 trillion in U.S. industries such as semiconductors and clean energy during the Biden administration, the White House said on Monday, citing the ...
The closer the Gini Coefficient is to one, the closer its income distribution is to absolute inequality. In 2007, the United Nations approximated the United States' Gini Coefficient at 41% while the CIA Factbook placed the coefficient at 45%. The United States' Gini Coefficient was below 40% in 1964 and slightly declined through the 1970s.
Translation: Trump has promised tariffs, the deportation of migrant workers, and other policies that could generate inflationary pressures and distort the economy in other ways. Fed policymakers ...
Current events; Random article; About Wikipedia ... United States domestic policy (4 C, 8 P) Drug policy of the United States (7 C, 77 P) E. United States economic ...