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What are the Federal Budget Actuals for FY 2015?

From US Treasury Monthly Report for September 2015.

Total Federal Outlays: $3.69 trillion

Total Federal Receipts: $3.25 trillion

Federal Deficit: $438 billion

Total Federal Debt: $18.1 trillion

Details of Budgeted vs. Actual Outlays for FY 2015

Budget of the United States Government

Definition: Every year in February the President of the United States is required to send to Congress a budget request for the fiscal year that begins the following October.

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FY10 Federal Budget   also: Revenue Budget  

 

Recent and budgeted headline federal budget numbers in the FY10 Budget including overall spending, deficit, and debt.

$ trillion nom
2008200920102011201220132014
  Spending3.04.03.63.63.63.84.0 
  Federal Deficit0.51.81.30.90.60.50.5 
  Other Borrowing0.61.00.30.30.30.40.4 
  Gross Federal Debt10.012.914.515.716.617.418.4 
source: actual budgeted estimated

Click for Budget Detail

FY10 Federal Budget Pie Chart

2007   2008   2009   2010   2011   2012   2013   2014  

FY10 Federal Budget: Spending by Function

Recent and budgeted federal spending in the FY10 Budget
for major federal spending functions.

$ trillion nom
200820092010
  Pensions0.70.70.7 
  Health Care0.70.80.8 
  Education0.10.10.1 
  Defense0.70.80.9 
  Welfare0.30.40.4 
source: actual budgeted

Click for Budget Detail

Notes

Data Sources: Federal Spending from Budget of the United States Government.

For a discussion of the sources of the government spending data used here read How We Got the Data for usgovernmentspending.com.

Budget Updates: The president’s budget is typically published each year in February.

Other budgets:
FY86 FY87 FY88 FY89 FY90 FY91 FY92 FY93 FY94 FY95 FY96 FY97 FY98 FY99 FY00 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16

Federal Budget in History

in dollars

in percent GDP

1863 - Gross federal debt exceeded $1 billion for first time.

1865 - Federal spending exceeded $1 billion for first time.

1914 - Federal spending exceeded $1 billion for second time.

1918 - Gross federal debt exceeded $10 billion for first time.

1921 - Bureau of the Budget established by Budget and Accounting Act.

1943 - Gross federal debt exceeded $100 billion for first time.

1970 - Office of Management and Budget created.

1982 - Gross federal debt exceeded $1 trillion for first time.

1987 - Federal spending exceeded $1 trillion for first time.

2009 - Gross federal debt exceeded $10 trillion for first time.

1792 - Federal debt at 35 percent GDP.

1795 - Federal spending at two percent GDP.

1854 - Federal debt at one percent GDP.

1865 - Federal spending at 13 percent GDP at height of Civil War.

1867 - Federal debt at 32 percent GDP after Civil War.

1907 - Federal spending at 2.2 percent GDP.

1913 - Federal debt at 7.5 percent GDP.

1919 - Federal spending at 24 percent GDP at height of World War I.

1919 - Federal debt at 35 percent GDP after World War I.

1929 - Federal spending at 3.7 percent GDP.

1929 - Federal debt at 16 percent GDP.

1945 - Federal spending at 48 percent GDP at height of World War II.

1946 - Federal debt at 122 percent GDP after World War II.

1951 - Federal spending at 14.4 percent GDP.

1981 - Federal debt at 32 percent GDP.

1982 - Federal spending at 23 percent GDP.

1995 - Federal debt at 66 percent GDP.

2000 - Federal spending at 18 percent GDP.

2009 - Federal spending at 24 percent GDP.

2011 - Federal debt at 97 percent GDP.

Federal Budget Process

This Budget of the United States Government starts the annual “budget process” that ends when Congress passes and the president signs the annual appropriations bills or continuing resolutions to fund the federal government for another fiscal year.

On this page you can see headline numbers for budgeted spending (or “outlays”), deficits, and also for major spending functions. Click here for details of outlays by function for the next five years. Click here for budget authority by function for the next five years. Click here for Social Security. Click here for Medicare.

Source: Budget of the United States Government.

Top Spending Requests:

Find DEFICIT stats and history.

Get WELFARE stats and history.

US BUDGET overview and pie chart.

Find NATIONAL DEBT today.

See FEDERAL BUDGET breakdown and estimated vs. actual.

MILITARY SPENDING details, budget and history.

ENTITLEMENT SPENDING history.

See BAR CHARTS of spending, debt.

See PIE CHARTS of total spending, federal spending.

Check STATE spending: CA NY TX FL and compare.

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.

Gross Domestic Product data comes from US Bureau of Economic Analysis and measuringworth.com.

Detailed table of spending data sources here.

Federal spending data begins in 1792.

State and local spending data begins in 1890.

State and local spending data for individual states begins in 1957.

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Next Data Update

> State GDP CY14

> data update schedule.

Data Sources for 2007_2014:

Sources for 2007:

GDP, GO: GDP, GO Sources
Federal: Fed. Budget: Hist. Tables 3.2, 5.1, 7.1
State and Local: State and Local Gov. Finances

Sources for 2014:

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.

US Gross Output for 2015 Updated

On April 25, 2016, usgovernmentspending.com updated its Gross Output series with the latest data from the Bureau of Economic Analysis, including nominal Gross Output for calendar 2015 of $31.387 trillion. Gross Output for some years previous to 2015 have been revised by BEA.

usgovernmentspending.com now reports Gross Output on its Spending Details page and permits charting of spending and revenue as "percent of Gross Output".

The Bureau of Economic Analysis has extended its Gross Output series back to 1947 this year, and usgovernmentspending.com has done the same.

Budget News

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Spend links

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Christopher Chantrill.

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