IntroductionWhile many voters and organizations look to the government for funding, incumbent parties seek to gain political advantage in upcoming elections. One of the major issues that representatives often address during campaigns to gain an advantage is the federal deficit. Since the deficit is added to the debt, which exceeds 14 trillion dollars. “Federal debt exists as a result of federal government shortfalls, or deficit budgets in which the government's expenditures exceed its revenues” (Federal Debt, 2011). An important component of the deficit is revenue. In order for individuals to analyze revenue, they must look at how the government receives its revenue. The Budget Economic: Revenue OutlookThe Revenue Outlook evaluates how the government uses its resources to finance its expenditures. Projected revenue is expected to be $2.2 trillion, an increase of 3% from last year. According to the Revenue Outlook, the three largest sources from which the government receives funding are (1) individual income taxes, (2) corporate income taxes, and (3) social insurance taxes. Other secondary funding sources come from the Federal Reserve, customs duties, excise taxes, property taxes, gift taxes, fines, and taxes. The CBO reports a dramatic decline expected for 2011 "...[resulting] largely from unmeasured factors related to the recession and the slow recovery of the economy" (Congressional Budget Office, 2011:86). As the CBO projects a economic recovery, revenue expectations will increase considering that individuals are expected to have higher incomes as this individual income is expected to increase, the total revenue share is also expected to increase dramatically starting in 2011 ......middle of document....5 March 2011.)Podestà, John. 2010. 16 Ways to Reduce the Deficit. (Accessible from the Internet at http://www.nytimes.com/roomfordebate /2010/11/14/16-ways-to-cut-the-deficit/a-risk-fee-for-big-banks, on March 3, 2011.) The Pew Research Center for People and Press 2010. Deficit Solutions Meet Public Skepticism (Accessed from the Internet at this site http://people-press.org/report/683/, March 4, 2011.) Rooney, Ben. 2011. US bureaucracy wastes billions, watchdog says. (Accessed from the Internet at http://money.cnn.com/2011/03/01/news/economy/gao_report_government_duplication/index.htm, March 2, 2011.) Office of Tom Coburn. 2010. Coburn PAYGO Amendment. (Accessible from the Internet at this website http://coburn.senate.gov/public/index.cfm/rightnow?ContentRecord_id=3F90C14B-802A-23AD-4CB4-741E080AF897, March 5, 2011.)