Funding
Where government money comes from and goes — federal spending by agency and function, and per-state revenue, spending, and officeholders. Coverage-honest: figures we don't have yet show "—".
Federal funding is where the government’s money comes from — mostly taxes — and where it goes: agencies, programs, and payments. Learn more →
Spending$7,009,973,667,049Total money the federal government spent in this fiscal year — all federal spending (Treasury, net).
Receipts$5,234,616,386,315Total federal revenue collected — income, payroll, corporate and other taxes — for this fiscal year (Treasury, net).
Deficit$1,775,357,280,734The one-year gap when spending exceeds receipts (a surplus if receipts are higher). A single year — not the accumulated debt.
Receipts vs. spending over time
The gap between spending and receipts (revenue) is the annual deficit. Treasury (net).
| FY | Spending | Receipts | Deficit |
|---|---|---|---|
| 2016 | $3,854,100,140,610 | $3,266,688,370,973 | $587,411,769,636 |
| 2017 | $3,980,605,417,586 | $3,314,893,904,524 | $665,711,513,062 |
| 2018 | $4,107,741,496,584 | $3,328,745,244,718 | $778,996,251,866 |
| 2019 | $4,446,583,636,481 | $3,462,195,610,149 | $984,388,026,331 |
| 2020 | $6,551,872,254,654 | $3,419,955,005,765 | $3,131,917,248,888 |
| 2021 | $6,818,157,647,017 | $4,045,978,858,727 | $2,772,178,788,289 |
| 2022 | $6,271,507,596,876 | $4,896,119,043,921 | $1,375,388,552,955 |
| 2023 | $6,134,432,040,451 | $4,439,283,739,921 | $1,695,148,300,531 |
| 2024 | $6,751,551,633,812 | $4,918,735,644,738 | $1,832,815,989,074 |
| 2025 | $7,009,973,667,049 | $5,234,616,386,315 | $1,775,357,280,734 |
National debt (FY2025)$37,637,553,494,936Total public debt outstanding at the end of this fiscal year — the running total of all past deficits, not one year's shortfall.
National debt over time
| FY | National debt |
|---|---|
| 2017 | $20,244,900,016,054 |
| 2018 | $21,516,058,183,180 |
| 2019 | $22,719,401,753,434 |
| 2020 | $26,945,391,194,615 |
| 2021 | $28,428,918,570,049 |
| 2022 | $30,928,911,613,307 |
| 2023 | $33,167,334,044,723 |
| 2024 | $35,464,673,929,172 |
| 2025 | $37,637,553,494,936 |
| 2026 | $40,171,825,101,340 |
National totals from Treasury; the breakdown below is USAspending. Data from USAspending · Treasury
Federal revenue by source over time — individual income tax, payroll (social insurance), corporate, excise, and the rest. Treasury (net); sources sum to total receipts.
| FY | Individual income taxes | Social insurance & retirement (payroll) | Corporation income taxes | Customs duties | Excise taxes | Miscellaneous receipts | Estate & gift taxes |
|---|---|---|---|---|---|---|---|
| 2016 | $1,546,074,928,108 | $1,115,062,819,158 | $299,570,939,628 | $34,837,269,317 | $95,045,415,455 | $154,742,996,991 | $21,354,002,317 |
| 2017 | $1,587,119,168,060 | $1,161,895,526,037 | $297,047,881,065 | $34,575,150,111 | $83,822,381,041 | $127,666,088,631 | $22,767,709,580 |
| 2018 | $1,683,537,216,745 | $1,170,699,412,099 | $204,733,303,759 | $41,298,963,822 | $94,988,171,026 | $110,505,101,069 | $22,983,076,198 |
| 2019 | $1,717,857,487,902 | $1,243,086,864,806 | $230,244,746,814 | $70,783,723,012 | $98,914,554,368 | $84,636,700,924 | $16,671,532,322 |
| 2020 | $1,608,661,926,485 | $1,309,954,436,375 | $211,844,662,324 | $68,550,229,846 | $86,782,067,346 | $116,537,527,368 | $17,624,156,022 |
| 2021 | $2,044,377,037,669 | $1,314,088,927,584 | $371,831,354,722 | $79,984,829,486 | $75,271,184,579 | $133,285,449,480 | $27,140,075,206 |
| 2022 | $2,632,145,029,572 | $1,483,527,132,766 | $424,865,169,900 | $99,907,565,997 | $87,726,258,305 | $135,397,489,336 | $32,550,398,045 |
| 2023 | $2,176,480,648,911 | $1,614,453,772,007 | $419,583,849,964 | $80,337,268,464 | $75,803,570,858 | $38,956,481,932 | $33,668,147,784 |
| 2024 | $2,426,066,988,326 | $1,709,558,485,436 | $529,866,802,638 | $77,036,909,945 | $101,435,326,697 | $43,155,255,587 | $31,615,876,109 |
| 2025 | $2,656,044,447,276 | $1,748,293,811,963 | $452,089,303,420 | $194,865,739,873 | $105,936,465,308 | $47,924,573,386 | $29,462,045,090 |
FY2025 totals on the left; click any row to toggle its line on the over-time chart. The 5 largest are charted by default.
| FY | Department of Health and Human Services | Department of the Treasury | Social Security Administration | Department of Defense | Department of Veterans Affairs |
|---|---|---|---|---|---|
| 2017 | $1,646,989,531,124 | $945,941,843,810 | $1,059,146,820,798 | $1,014,206,206,108 | $191,723,947,232 |
| 2018 | $1,679,128,003,254 | $1,041,301,338,676 | $1,097,255,690,867 | $1,092,438,524,753 | $204,818,097,978 |
| 2019 | $1,814,270,463,757 | $1,078,327,377,673 | $1,159,468,739,487 | $1,154,860,031,200 | $216,784,441,071 |
| 2020 | $2,198,882,208,892 | $1,566,561,954,994 | $1,216,027,996,696 | $1,130,135,336,028 | $244,599,441,165 |
| 2021 | $2,355,524,286,884 | $2,188,984,081,298 | $1,248,653,319,331 | $1,146,962,263,261 | $256,898,873,597 |
| 2022 | $2,452,969,781,323 | $1,451,623,206,993 | $1,364,987,764,105 | $1,189,944,864,055 | $283,486,478,581 |
| 2023 | $2,475,673,980,553 | $1,644,766,940,270 | $1,506,843,076,037 | $1,330,544,104,855 | $324,410,305,628 |
| 2024 | $2,518,647,728,971 | $1,773,034,280,269 | $1,607,954,869,345 | $1,393,415,222,232 | $367,899,875,444 |
| 2025 | $2,794,349,803,089 | $1,953,689,394,143 | $1,740,398,104,293 | $1,451,320,548,890 | $412,393,503,629 |