Re:The U.S. Is Funding Fewer Grants in Every Area of Science...
by ryandrake on Monday December 22, 2025 @03:34PM
(#46358722)
The money would be spent regardless of what is collected through taxes. It's not as though taxpayer money goes into a gigantic bag in the treasury, and then those same dollars get pulled out to fund public spending until the bag is empty.
There was $4.9 trillion in revenue and $6.8 trillion in outlays in 2024 [1]. 95% of that revenue was from taxes. In spite of the high deficit, it remains a true statement that the federal government is funded by taxes as they account for the majority of funding.
[1]: https://www.cbo.gov/publication/61185