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Spending Analyses:
Debt, Deficit Analyses:
Numbers — Charts:
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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:
Suggested Video: Spending 101
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Find DEFICIT stats and history.
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US BUDGET overview and pie chart.
Find NATIONAL DEBT today.
DOWNLOAD spending data or debt data.
See FEDERAL BUDGET breakdown and estimated vs. actual.
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.
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.
- 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: | $40,413,639,012,305.97 | Debt 2/2020: | $23,409,959,150,243.63 |
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Data Sources for 2027:
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
US Budget Deficit, Receipts, Outlays for FY 2026
On October 15, 2026, the US Treasury reported in its Monthly Treasury Statement (and xlsx) for September that the federal deficit for FY 2025 ending September 30, 2026, was $1,99 billion. Here are the numbers, including total receipts, total outlays, and deficit compared with the numbers projected in the FY 2026 federal budget published in February 2025:
| Federal Finances FY 2026 Outcomes | |||
|---|---|---|---|
| Budget billions | Outcome billions | ||
| Receipts | $5,873 | $5,403 | |
| Outlays | $7,419 | $7,396 | |
| Deficit | $1,547 | $1,993 | |
The Monthly Treasury Statement includes "Table 4: Receipts of the United States Government, September 2026 and Other Periods." This table of receipts by source is used for usgovernmentspending.com to post details of federal receipt actuals for FY 2025. usdgovernmentspending.com obtains the data for outlays and receipts from apis at fiscaldata.treasury.gov.
This MTS report on FY 2026 actuals is a problem for usgovernmentspending.com because this site uses Historical Table 3.2--Outlays by Function and Subfunction from the Budget of the United States as its basic source for federal subfunction outlays. But the Monthly Treasury Statement only includes "Table 9. Summary of Receipts by Source, and Outlays by Function of the U.S. Government, September 2025 and Other Periods". Subfunction amounts don't get reported until the FY28 budget in February 2027. Until then usgovernmentspending.com estimates actual outlays by "subfunction" for FY 2026 by factoring subfunction budgeted amounts for FY26 by the ratio between relevant actual and budgeted "function" amounts where actual outlays by subfunction cannot be gleaned from the Monthly Treasury Statement.
On August 7, 2026 we updated the state and local spending and revenue for FY 2024 using the new Census Bureau ...
On July 2, 2026 we updated the state and local spending and revenue for FY 2024 using the new Census Bureau S ...
> 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 • 2025 • 2026 • 2027 • california • texas
