what was total government spending as a share of GDP

In 2023, total government spending in the United States was approximately 24% of gross domestic product (GDP). This translates to federal spending amounting to about $6.9 trillion for that fiscal year.

This figure indicates the extent to which government expenditures contribute to the overall economy, reflecting both mandatory and discretionary spending across various sectors.

For more detailed insights into government spending, you can refer to the following resources:

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