How much does the US federal government spend?
Data updated October 29, 2024
In FY 2023
$6.2T
was spent by the federal government
In FY 2023
$18.4K
per person average was spent by the federal government
Federal spending decreased from $6.7 trillion in FY 2022 to $6.2 trillion in FY 2023.
Federal government spending, adjusted for inflation (FY 2023 dollars)
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In FY 2023, about 58% of federal spending, or $3.6 trillion, went to Social Security, defense, and payments to states.
Federal government spending by category in FY 2023
In FY 2023, mandatory spending was 61% of the budget and discretionary spending was 28%.
Federal government spending by type
The federal government has spent $6.8 trillion in FY 2024 so far.
Monthly cumulative spending of each fiscal year
