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FY16 Federal Budget Spending Estimates
for Fiscal Years 2015 - 2020

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US Federal Government Spending
Budget Interest Cost Analysis for FY 16 in $ billion
FY 2015
 Spending
FY 2016
 Spending
FY 2017
 Spending
FY 2018
 Spending
FY 2019
 Spending
FY 2020
 Spending
OMB Budget Numbers1
Interest229.2283.0361.3424.2483.5543.8
Interest Rate %1.231.461.802.032.232.43
Total Spending3,758.63,999.54,217.84,423.34,652.64,886.4
Federal Deficit582.5474.3462.8478.9517.7554.1
Gross Public Debt18,627.619,333.820,095.120,870.321,640.322,413.2
Revised Budget Numbers
Revised Interest229.2283.0361.3424.2483.5543.8
Revised Interest Rate %Go
Revised Total Spending3,758.63,999.54,217.84,423.34,652.64,886.4
Revised Federal Deficit582.5474.3462.8478.9517.7554.1
Revised Gross Public Debt18,627.619,333.820,095.120,870.321,640.322,413.2
Spending:
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estimated budgeted guesstimated
Notes:
1. Budget of the US Government: Table 3.2



The table shows overall budgeted federal expenditures for total spending and interest payments on federal debt for the next five fiscal years. In the first section, labeled “OMB Budget Numbers” you can see the budgeted expenditure as estimated in the historical tables in the current presidential budget. The row labeled “Interest Rate %” is the effective interest rate for the accumulated federal debt for each year and is computed by dividing the budgeted interest cost by the gross public debt.

Under “Revised Budget Numbers” you can input your own estimate of future interest rates for each fiscal year. Click Go to recalculate interest costs and to view the effect of those interest costs on total spending and the accumulated federal debt.

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.

Download Federal Interest Forecast for 2015-2020

You can download budget data as a CSV file or directly as a tab-delimited table.

Download Data as CSV File

 Click button to download CSV file of data in table

Tab-delimited Table

Here is the interest forecast table with columns tab-delimited. You can cut and paste directly into a spreadsheet:

You can copy all the text in the textbox by clicking your cursor in the box. Then press Ctrl-A and Ctrl-C and paste the text into your spreadsheet.

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Check STATE spending: CA NY TX FL and compare.

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Spending Data Sources

Spending data is from official government sources.
  Federal 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.

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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House Budget Plan for FY16

On August 15, 2015, we updated usgovernmentspending.com with the numbers from the draft budget resolution for FY16 prepared by the House Budget Committee.  The site now shows data from the current FY16 Budget Resolution and also Ryan-authored budget resolutions for FY12, FY13, FY14 and FY15.

You can view and download data on the House Budget page here.  You can compare the House Budget with the administration's FY16 budget here.

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Christopher Chantrill.

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