In 2021, the government collected $7.7 trillion in tax revenue from individuals and businesses. In the same year, the government spent a total of $6.8 trillion on "rebuilding America from the bottom up and middle out". Earlier last year, President Biden gave a speech about his economic plan for 2022 - 2023. Biden proposed to raise the top personal income tax rate from 37% to 39% and the top corporate income tax rate from 21% to 28%. Additionally, Biden announced budget cuts of $200 billion as he lowered spending on education, Medicaid, and Social Security to keep defense spending at $766 billion but run a budget surplus. A. Based on the information for 2021 above, did the federal government run a budget surplus or a budget deficit? How much was it? B. Is the Federal Government conducting expansionary fiscal policy or contractionary fiscal policy? Support your answer with information from above. C. How would the fiscal policy actions noted here affect the unemployment rate and the natiorkI debt? Explain