Federal Spending: Where Does the Money Go Federal Budget 101. Facebook Twitter. In fiscal year 2015, the federal budget is $3.8 trillion. These trillions of dollars make up about 21 percent of the U.S. economy (as measured by Gross Domestic Product, or GDP). It's also about $12,000 for every woman, man and child in the United States. 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. Federal spending data begins in 1792. Select spending items: Just select the spending item you want from the dropdown control. Then click a radio button to select the level of government: federal, state, or local. If you select from the < select > you will add another data series to your chart. The Federal Budget in 2018: An Infographic. The federal deficit in 2018 was $779 billion, equal to 3.9 percent of gross domestic product.
19 Aug 2015 They set the record straight on federal spending categories. If you're familiar with the federal government's budgeting process and you follow social media, your head The chart above is referring to discretionary spending. 29 Sep 2015 The following chart summarizes how the federal government spent your money during the last fiscal year. Here is another look at the different Since the recession federal spending held steady at about $3.6 trillion per year for a few years, before resuming growth in 2015. Federal spending for 2019 was $4.45 trillion. Viewed from a GDP perspective, federal spending was steady at about 19 percent GDP in the mid 2000s and then jumped, in the Great Recession to almost 25 percent GDP. Federal Spending: Where Does the Money Go Federal Budget 101. Facebook Twitter. In fiscal year 2015, the federal budget is $3.8 trillion. These trillions of dollars make up about 21 percent of the U.S. economy (as measured by Gross Domestic Product, or GDP). It's also about $12,000 for every woman, man and child in the United States.
29 Sep 2015 The following chart summarizes how the federal government spent your money during the last fiscal year. Here is another look at the different Since the recession federal spending held steady at about $3.6 trillion per year for a few years, before resuming growth in 2015. Federal spending for 2019 was $4.45 trillion. Viewed from a GDP perspective, federal spending was steady at about 19 percent GDP in the mid 2000s and then jumped, in the Great Recession to almost 25 percent GDP. Federal Spending: Where Does the Money Go Federal Budget 101. Facebook Twitter. In fiscal year 2015, the federal budget is $3.8 trillion. These trillions of dollars make up about 21 percent of the U.S. economy (as measured by Gross Domestic Product, or GDP). It's also about $12,000 for every woman, man and child in the United States. 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. Federal spending data begins in 1792. Select spending items: Just select the spending item you want from the dropdown control. Then click a radio button to select the level of government: federal, state, or local. If you select from the < select > you will add another data series to your chart. The Federal Budget in 2018: An Infographic. The federal deficit in 2018 was $779 billion, equal to 3.9 percent of gross domestic product.
Select spending items: Just select the spending item you want from the dropdown control. Then click a radio button to select the level of government: federal, state, or local. If you select from the < select > you will add another data series to your chart. 2019 United States federal budget – $4.4 trillion (submitted 2018 by President Trump) 2018 United States federal budget – $4.1 trillion (submitted 2017 by President Trump) 2017 United States federal budget – $4.2 trillion (submitted 2016 by President Obama) 2016 United States federal budget – $4.0 trillion (submitted 2015 by President Obama) Each year, Congress works on a federal budget for the next fiscal year. The government’s fiscal year runs from October 1 of one year to September 30 of the next. The budget includes a detailed spending plan. The United States federal budget for fiscal year 2018, which ran from October 1, 2017 to September 30, 2018, was named America First: A Budget Blueprint to Make America Great Again.It was the first budget proposed by newly-elected President Donald Trump, submitted to the 115th Congress on March 16, 2017.. The government was initially funded through a series of five temporary continuing Government spending is in three categories: Mandatory, which is at $2.841 trillion; Discretionary at $1.426 trillion; and interest on the national debt, $479 billion. This article provides a detailed breakdown of each. As the chart below shows, three major areas of spending make up the majority of the budget: Social Security: In fiscal year 2017, the federal government spent $4 trillion, amounting to 21 percent of the nation’s gross domestic product (GDP).
Figure D - Historical Defense Spending, 1970-2019. Data from the United States Office of Management and Budget archives. National defense spending is any 8 Apr 2013 To view the source data, please refer to Table 4.1 of the budget. Click on the chart below to see an enlarged, clearer chart. 2011 U.S. Federal 16 Feb 2016 How was it funded before the income tax? Today's national debt is big by historical standards, but it has been bigger. When was the country's 11 Apr 2018 federal government will spend $4.142 trillion this year, 61.5 percent of which for mandatory programs, or direct spending. The pie chart below 19 Aug 2015 They set the record straight on federal spending categories. If you're familiar with the federal government's budgeting process and you follow social media, your head The chart above is referring to discretionary spending. 29 Sep 2015 The following chart summarizes how the federal government spent your money during the last fiscal year. Here is another look at the different