$6,551,872,000,000: Federal Spending Smashes Record in FY20 | WHAT REALLY HAPPENED

$6,551,872,000,000: Federal Spending Smashes Record in FY20

The federal government spent a record $6,551,872,000,000 in fiscal 2020, which was an increase of $2,044,283,520,000—or 45.4 percent—from the previous record of $4,507,588,480,000 in constant September 2020 dollars that it spent last year.

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