Is USA and Chinese Economy More Government Controlled?
by Brian Wang from NextBigFuture.com on (#6Q7XZ)
The US Federal government is projected to spend about $6.5 trillion (23% of US GDP in 2024). The US government's Bureau of Economic Analysis as of Q3 2023 estimates $10.0 Trillion in annual total government expenditure and $27.6 trillion annual total GDP which is 36.2%. The OECD for 2021 shows general US government spending at ...