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Learn more about government spending through interactive tools that explore elements of the federal budget, such as federal loan, grant, and contract data. USAspending is the official open data source of federal spending information.
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USAspending.gov
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2 days ago · The federal government spends money on a variety of goods, programs, and services to support the American public and pay interest incurred from borrowing. In fiscal year (FY) 2023, the government spent $6.13 trillion, which was more than it collected (revenue), resulting in a deficit.
May 11, 2022 · Today, we issued a new report on ways the federal government can potentially save billions of dollars in spending and improve efficiency of its programs and activities. Our new report includes 94 corrective measures in 21 new and nine existing areas.
May 30, 2022 · U.S. federal government spending for FY 2021 is $4.829 trillion. The most expensive programs are Social Security, Defense, and Medicare. How are you affected?
- Kimberly Amadeo
Dec 9, 2020 · There are two big takeaways. First, state and local governments account for the bulk of net government investment. [The financing is a bit less skewed, with the federal government accounting for something like one-third of the total in recent years (see here ).] Second, the level has collapsed.
Apr 14, 2023 · This Financial Report presents the government’s financial position at the end of the fiscal year, explains how and why the financial position changed during the year, and discusses the government’s financial condition and how it may change in the future.
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4 days ago · U.S. Treasury Secretary Janet Yellen announced $100 million in new financing on Monday to increase the supply of affordable housing, as the Biden administration seeks to address high housing costs ...