Each year, the federal and state governments spend over $4 trillion and $1 trillion respectively to fund their activities.

Name: Each year, the federal and state governments spend over $4 trillion and $1 trillion respectively to fund their activities.
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According to data from the Congressional Budget Office and the National Association of State Budget Officers, the federal government spends over $4 trillion and state governments spend over $1 trillion annually.

Each Year, the Federal and State Governments Spend Over $4