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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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.

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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.