How much larger are the federal government's debts, liabilities, and unfunded obligations than its annual revenues?
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At the close of its 2018 fiscal year, the federal government had $95.4 trillion in debts, liabilities, and unfunded obligations. During that year, the federal government collected $3.5 trillion in taxes and other revenues. This is a ratio of 27 to 1. This fiscal shortfall also amounts to $747,809 for every household in the United States.
DocumentationQuantifying the National Debt
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