Problem

Budget Analysis. Assume the federal outlays and receipts shown in Figures 4.13 and 4.14 re...

Budget Analysis. Assume the federal outlays and receipts shown in Figures 4.13 and 4.14 remained the same in 2013. Also assume that total revenue for 2013 was $2.9 trillion and total spending was $3.5 trillion.

How much 2013 revenue came from individual income taxes? Flow much 2013 revenue came from the social insurance category?

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