Government spending is projected to rise over the next few decades. Three of the most important reasons are spending on Social Security, Medicare, and healthcare.
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Q7: Individual income taxes and social insurance taxes
Q8: A budget deficit occurs when government receipts
Q9: A budget surplus occurs when government receipts
Q10: A family's tax liability is the amount
Q11: Individual income taxes generate roughly 25% of
Q13: The U.S. federal government collects about one-half
Q14: A budget deficit occurs when government receipts
Q15: The largest category of federal spending is
Q16: In the United States, all families pay
Q17: Corporate income taxes are based on the
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