Estimates for FY 1928 Federal Outlays in US Budgets | |||||||||||
Actual 1928 | |||||||||||
Pensions | 0.0 | ||||||||||
Health Care | 0.1 | ||||||||||
Education | 0.0 | ||||||||||
Defense | 1.3 | ||||||||||
Welfare | 0.0 | ||||||||||
Protection | 0.0 | ||||||||||
Transportation | 0.4 | ||||||||||
General Government | 0.1 | ||||||||||
Other Spending | 0.8 | ||||||||||
Interest | 0.7 | ||||||||||
Balance | 0.2 | ||||||||||
Total Spending | 3.7 | ||||||||||
Federal Deficit | -0.7 | ||||||||||
Gross Public Debt | 17.6 | ||||||||||
Spending: interpolated actual Data Sources for 1928: |
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MILITARY SPENDING details, budget and history.
ENTITLEMENT SPENDING history.
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Spending data is from official government sources.
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.
Debt Now: | $37,469,695,592,279.39 | Debt 2/2020: | $23,409,959,150,243.63 |
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GDP: Samuel H. Williamson, "What Was the U.S. GDP Then?" MeasuringWorth, 2015.
Federal: Bicentennial Edition: Historical Statistics of the US, Colonial Times to 1970
State and Local: Bicentennial Edition: Historical Statistics of the US, Colonial Times to 1970
> data sources for other years
> data update schedule.
On September 11, 2025 we updated the state and local spending and revenue for FY 2023 using the new Census Bureau State and Local Government Finances summaries for FY 2023 released on July 31, 2025. (See also Annual Survey of State and Local Government Finances). The release includes state and local spending for the United States as a whole and the 50 individual states and the District of Columbia.
State and local spending and revenue for FY2023 are now actual historical spending as reported by the Census Bureau. In addition, the Census Bureau published updated tables for 2021 and 2022.
We have updated the "guesstimated" state and local finances for FY2024-30 as indicated in our "guesstimate" blog entries.
We have also updated data for individual local government units with data for 2023.
Beginning in 2022 the Census Bureau has changed the value for Line 56 Direct Expenditure and Line 7 General Revenue from own sources, as follows:
We have decided to end our publication of non-insurance trust cash and security holdings.
However, to keep the time series at usgovernmentspending.com consistent, we have decided to add insurance-trust values back into Line 56 and Line 7 values.
> blog
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.
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