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Spending Analyses:
Debt, Deficit Analyses:
Numbers — Charts:
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Total US Government Spending
Headline federal, state, local, and total US government spending.
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Total US government spending includes federal, state, and local government spending net of intergovernmental transfers.
Intergovernmental Transfers are federal spending transferred to state and local governments. State and local spending is guesstimated. Latest state data: FY 2023; latest local data: FY 2023.
Total Spending Pie Chart for FY 2025
We have total spending data (federal+state+local) going back to 1820. Individual state and local spending data going back to 1957.
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Federal Deficits
Chart J.01f: Federal Deficits
The Deficit is the amount by which the federal government’s total budget outlays exceeds its total receipts for a fiscal year.
Last year, FY 2025, the deficit was $1.77 trillion.
This year, FY 2026, the deficit is budgeted at $2.06 trillion.
By FY2029 the deficit is budgeted at $1.48 trillion.
Federal Debt
Chart J.02f: Gross Federal Debt
The Gross Federal Debt is the gross amount of debt outstanding issued by the US Treasury.
Last year, FY 2025, the gross federal debt ended at $37.37 trillion.
This year, FY 2026, the gross federal debt is budgeted at $39.04 trillion.
By FY2029 the federal debt is budgeted at $44.16 trillion.
Total Federal Spending
Chart J.03f: Total Federal Spending
Total federal spending includes outlays spent directly by the federal government and also intergovernmental transfers spent at the state and local levels.
Last year, FY 2025, total federal spending was $7.01 trillion.
This year, FY 2026, total federal spending is budgeted at $7.54 trillion.
By FY2029 total federal spending is budgeted at $8.31 trillion.
Defense Spending
Defense Spending in the United States is budgeted in FY 2026 at $1,467.5 billion, including Pentagon spending $966.4 billion, veterans spending at $441.4 billion and foreign aid spending at $59.7 billion.
Suggested Video: Spending 101
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MILITARY SPENDING details, budget and history.
ENTITLEMENT SPENDING history.
See BAR CHARTS of spending, debt.
Check STATE spending: CA NY TX FL and compare.
See SPENDING ANALYSIS briefing.
See SPENDING HISTORY briefing.
Take a COURSE at Spending 101.
Make your own CUSTOM CHART.
Spending Data Sources
Spending data is from official government sources.
- Federal spending data since 1962 comes from the president’s budget.
- All other spending data comes from the US Census Bureau.
Gross Domestic Product data comes from US Bureau of Economic Analysis and measuringworth.com.
Detailed table of spending data sources here.
Medicare breakdown here; Medicaid breakdown here.
Federal spending data begins in 1792.
State and local spending data begins in 1820.
State and local spending data for individual states begins in 1957.
Gross Federal Debt
| Debt Now: | $39,375,254,020,492.22 | Debt 2/2020: | $23,409,959,150,243.63 |
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Data Sources for 2024_2031:
Sources for 2024:
GDP, GO: GDP, GO Sources
Federal: Fed. Budget: Hist. Tables 3.2, 5.1, 7.1
State and Local: State and Local Gov. Finances
'Guesstimated' by projecting the latest change in reported spending forward to future years
Sources for 2031:
GDP, GO: GDP, GO Sources
Federal: Fed. Budget: Hist. Tables 3.2, 5.1, 7.1
State and Local: State and Local Gov. Finances
'Guesstimated' by projecting the latest change in reported spending forward to future years
> data sources for other years
> data update schedule.
Blog
State and Local Finances for 2024 -- First Look
On July 2, 2026 we updated the state and local spending and revenue for FY 2024 using the new Census Bureau State and Local Government Finances "first look"summaries for FY 2024 released in April 2026. (See also Annual Survey of State and Local Government Finances). The release includes state and local spending for the United States as a whole. It does not include the 50 individual states and the District of Columbia.
State and local spending and revenue for FY2024 are now actual historical spending as reported by the Census Bureau.
We have updated the "guesstimated" state and local finances for FY2025-31 as indicated in our "guesstimate" blog entries.
Beginning in 2021, the Census Bureau stopped splitting "Public welfare" into three parts:
- Cash assistance payments
- Vendor payments
- Other public welfare
On June 16, 2026, the Center for Medicare Services released its annual ...
On February 25, 2026 the Congressional Budget Office released its annual Long Term Budget Outlook for 2026, which projects ...
> blog
Budget News
President’s FY 2025 Budget Release Scheduled for March 11
Although the FY 2024 appropriations process is not yet resolved
Biden to Release Budget March 9
will press McCarthy On Default Risk - Bloomberg
Biden to Release 2023 Budget Request on March 28
how the administration expects to spend money for priorities including aid to Ukraine and the continuing effort to fight the coronavirus pandemic, as well as legislative proposals such as increased funding for community policing programs, cancer research, and mental health education.
> archive
Spend Links
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