Number: RS22508 Title: Spending and Receipts in FY2006, by Time Period Authors: Philip D. Winters, Government and Finance Division Abstract: The federal government collected $2.407 trillion and spent $2.655 trillion in FY2006. These dollar amounts are so large compared to the amounts that most policy makers and citizens encounter in their daily lives that the magnitudes may lose their significance. Over the years, congressional staff and Members have looked for more understandable measures or comprehensible comparisons. This report attempts to provide some of those measures. Pages: 2 Date: April 20, 2007