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What is the Federal Yield Curve
The Federal Yield Curve is a graph showing the yield on US federal securities of all maturities from one month to 30 years. Experts believe that the shape of the yield curve forecasts future turns in the economy.
Spending Analyses:
Debt, Deficit Analyses:
Numbers — Charts:
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US BUDGET overview and pie chart.
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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.
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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: | $38,380,536,147,996.03 | Debt 2/2020: | $23,409,959,150,243.63 |
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Data Sources for 2026:
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
Federal Budget for FY27 Released
On April 4, 2026, we updated usgovernmentspending.com with the numbers from the Public Budget Database in the Budget of the United States Government for Fiscal Year 2027.
Here is how headline budget estimates for the upcoming FY 2027 fiscal year have changed since the release of the FY 2025 budget in Winter 2024. There were no budgetary estimates in the budget documents for the FY 2026 budget.
| $ billion | Estimate for 2027 in FY2025 Budget | Estimate for 2027 in FY2027 Budget | Change |
| Federal Outlays | $7,696.6 | $8,092.9 | +$569.1 |
| Federal Receipts | $6,186.2 | $5,921.0 | +$279.1 |
| Federal Deficit | $1,510.3 | $2,171.9 | +$290.0 |
You can see line item changes from budget to budget here. You can compare budget estimates with actuals here.
Account level spending estimates through FY 2031 come from the Outlays table in the Public Budget Database and were updated on usgovernmentspending.com on April 4, 2026.
Account level budget authority estimates through FY 2031 come from the Budget Authority table in the Public Budget Database and were updated on usgovernmentspending.com on April 4, 2026.
On March 15, 2026 usgovernmentspending.com updated its GDP series with the latest data from the Bureau of Economic Analysis ...
On January 21, 2026 the US Census Bureau released its US national and state population estimates for July 1, 2025. On February 7, 2026 usgovernmentspending.com updated its US and state popula ...
> 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
us numbers • us budget • custom chart • deficit/gdp • spend/gdp • debt/gdp • us gdp • us real gdp • state gdp • breakdown • federal • state • local • 2024 • 2025 • 2026 • california • texas
