TL;DR: >In 2020, the federal government collected $3.42 trillion in revenue. >In 2020, the federal government spent $6.55 trillion. One wonders why they both

TL;DR: >In 2020, the federal government collected $3.42 trillion in revenue. >In 2020, the federal government spent $6.55 trillion. One wonders why they bother with the effort of collecting taxes. They should just borrow the entire budget and let everyone get on with their lives. They'd save money in the long run: no more IRS budget.