Most U.S.government spending is financed by

Question

Quizplus · Accepted Answer

The majority of U.S. government spending is financed by taxes, which include income taxes, payroll taxes, and corporate taxes. These taxes are collected by various government agencies and used to fund programs such as Social Security, Medicare, and national defense. While government securities and transfer payments also contribute to government financing, taxes remain the primary source of revenue for the federal government.

Most U.S.government Spending Is Financed by