I get why US federal spending took a quantum jump upward after COVID in 2020. But why did federal receipts also make a quantum jump about the same time?
https://fred.stlouisfed.org/graph/fredgraph.png?g=1UrWo&height=490
Why the big jump in US federal receipts in 2020/21?
byu/IDontStealBikes inAskEconomics
Posted by IDontStealBikes