History, asked by raqcanal, 1 day ago

where does the government get its budget to fund its project and asset?​

Answers

Answered by bijo7979
2

Explanation:

The government primarily funds its spending on the economy through tax revenues it earns. However, when revenue is insufficient to pay for expenditures, it resorts to borrowing. Borrowing can be short-term/long-term and involves selling government bonds/bills

Answered by munnamanisha17
0

Explanation:

Federal Budget. What are the sources of revenue for the federal government? About 50 percent of federal revenue comes from individual income taxes, 7 percent from corporate income taxes, and another 36 percent from payroll taxes that fund social insurance programs.

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