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Federal spending, FY2025

Federal agencies reported $5.3 trillion in obligations for fiscal year 2025, across 73 top-tier agencies.

Fiscal year 2025

$5.3 trillion
Total obligations, FY2025
$5,300,522,529,554
All award types. Obligations recorded, not money spent. FY2026 so far, 10 of 12 reporting periods: $4.9 trillion.
$778.0 billion
Contracts
$778,045,402,607
Procurement awards. FY2026 so far, 10 of 12 reporting periods: $670.7 billion.
$1.2 trillion
Grants
$1,244,955,168,318
Grant and cooperative agreement awards. FY2026 so far, 10 of 12 reporting periods: $1.2 trillion.
$3.3 trillion
Direct payments
$3,251,230,712,307
Benefits paid to individuals, including Social Security. FY2026 so far, 10 of 12 reporting periods: $3.0 trillion.
$207.4 million
Loans
$207,403,034
Face value of loans and loan guarantees. Not money paid out. FY2026 so far, 10 of 12 reporting periods: -$4.9 billion, net: more was de-obligated — canceled or reduced — than newly obligated.
$8.7 billion
Insurance
$8,724,866,817
Face value of federal insurance. Reported very differently before FY2014. FY2026 so far, 10 of 12 reporting periods: $5.8 billion.

Fiscal year 2025 ran from October 1, 2024, to September 30, 2025, and is complete. Agencies revise what they submit, so these figures still change; they were taken from USAspending on September 23, 2026. FY2026 is still running and its figures hold 10 of its 12 reporting periods, so it is reported above as a running total rather than compared with a whole year.

What stands out

Eight findings. Every figure below comes from a published government dataset, named under Sources at the foot of this page.

  • Federal obligations appear to fall 29.8% between FY2013 and FY2014. They did not. the reclassification →

    Insurance — the face value of federal insurance — was $1.4 trillion in FY2013 and $8.7 billion in FY2014. Take it out and the same two years rise 6.6%. The change is in what was reported.

  • Most federal money is not a contract: direct payments are 61.3% of obligations and contracts are 14.7%. how federal money is paid →

    The instruments are not equivalent quantities, and a single figure for federal spending averages three things that behave differently through the year.

  • The government publishes two figures for what it spent in FY2025, $1.7 trillion apart. committed against paid →

    Award obligations reported to USAspending were $5.3 trillion; Treasury's outlays for the same fiscal year were $7.0 trillion. They measure different moments and different universes, and neither is wrong.

  • Department of Health and Human Services alone accounts for 38.1% of federal obligations this year. Health and Human Services →

    $2.0 trillion of the $5.3 trillion reported across 73 top-tier agencies.

  • The state with the most federal obligations per resident has 91.1% of them from one agency. North Dakota →

    North Dakota records $123,129 per resident, and $89.7 billion of its $98.4 billion comes from Department of Health and Human Services. Place of performance is where the recipient said the work happens, which for a national program is where its administrator sits rather than where the money reaches people.

  • Interest owed to investors has run to $736.9 billion this fiscal year. the debt, to August 31 →

    Accrued interest on public issues, which is what the debt cost in the period rather than what was paid out in it.

  • 2,289,472 federal civilian employees — and that is not all of them. federal employment, March 2025 →

    That is OPM's FedScope file for March 2025. The Office of Personnel Management excludes the intelligence community and some Department of Defense positions, so the workforce is larger than the published figure and nobody publishes by how much. OPM's newer Federal Workforce Data counts 2,024,832 in August 2026, on the federal salaries hub →

  • Hennepin County records more federal obligations than any other county, and 98.7% of it is direct payments. counties by federal awards →

    Los Angeles County, the most populous county in the same table with 10,014,009 residents, records $80.1 billion and ranks 7. Direct payments are recorded against a place that need not be where the money landed, so this ranks where payments are booked. Why they are booked there, the data does not say.

What changed in this release

This release was retrieved on September 23, 2026, and the one before it on September 19, 2026.

Still $5.3 trillion obligated by federal agencies in FY2025.

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Nineteen fiscal years

Federal obligations excluding insurance rose from $2.0 trillion in FY2008 to $5.3 trillion in FY2025

Two lines, because one would mislead. The upper line is every award type. The lower one takes out insurance — award type 09, which is face value like a loan guarantee rather than money paid — and is comparable across the whole period.

The publisher reported $1.4 trillion of insurance in FY2013 and $8.7 billion in FY2014, so the upper line falls by about a third at that point. That is a change in what is reported, not a fall in federal spending: the lower line does not fall.

The dashed line marks the change in insurance reporting after FY2013. A step in the upper line there is a change in what the publisher counts, not in what the government spent.

FY2026 is still open and is not drawn. A part year plotted beside complete ones reads as a fall, and the figure in the title above is the last complete year rather than the months recorded so far.

Source: USAspending

About this chart

The figures

Federal obligations excluding insurance rose from $2.0 trillion in FY2008 to $5.3 trillion in FY2025. Two lines, because one would mislead. The upper line is every award type. The lower one takes out insurance — award type 09, which is face value like a loan guarantee rather than money paid — and is comparable across the whole period.
Fiscal yearAll award typesExcluding insuranceAgencies reporting
2008$2,044,905,796,392$2,038,588,482,58164
2009$2,938,454,289,850$2,494,429,356,07665
2010$2,491,533,306,815$2,253,707,627,09667
2011$3,313,616,675,627$2,040,235,547,07665
2012$3,857,275,766,571$2,585,192,008,28968
2013$3,968,139,204,133$2,604,958,223,92069
2014$2,786,602,797,374$2,777,858,330,20068
2015$2,940,707,974,604$2,934,145,323,99368
2016$3,141,047,739,153$3,134,338,021,69570
2017$3,250,615,927,167$3,239,065,306,87071
2018$3,376,905,677,422$3,360,235,948,13372
2019$3,548,609,472,120$3,540,150,254,45172
2020$4,995,472,568,090$4,984,275,059,57873
2021$5,298,952,103,488$5,285,866,226,01173
2022$4,598,655,554,408$4,571,369,889,01073
2023$4,817,465,962,340$4,798,100,537,56873
2024$4,931,390,990,918$4,924,228,322,93273
2025$5,300,522,529,554$5,291,797,662,73773

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FY2026 is not over, so its column is a part-year against whole years. The number of agencies reporting rose from 64 in FY2008 to 73 in FY2026; the 15 that were not there at the start account for $62,070,926 of FY2026’s $4.9 trillion, so the rise across the series is not a rise in who reported.

Largest agencies

All 73 agencies

Department of Health and Human Services obligated $2.0 trillion in 2025, the largest of any agency

The ten agencies with the largest obligations, fiscal year 2025.

Source: USAspending

About this chart

The figures

Department of Health and Human Services obligated $2.0 trillion in 2025, the largest of any agency. The ten agencies with the largest obligations, fiscal year 2025.
AgencyObligated
Department of Health and Human Services$2,018,683,658,814
Social Security Administration$1,634,722,350,666
Department of Defense$501,646,895,053
Department of Veterans Affairs$287,879,793,290
Department of Agriculture$186,347,455,482
Department of Transportation$134,027,504,546
Department of Education$96,020,195,016
Department of Energy$79,591,375,789
Department of Housing and Urban Development$77,847,744,640
Department of Homeland Security$73,266,937,210

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Where the work was performed

All states

North Dakota leads the country at $123,129 of federal obligations per resident, and 91.1% of it comes from one agency

Federal obligations recorded against a place of performance in each state, divided by its population, fiscal year 2025. The legend gives the scale; hatching marks a state where more than 60% of the total comes from a single agency.

Key: 5 shades, lightest to darkest: under $11k; $11k to $12k; $12k to $14k; $14k to $20k; $20k and over. crosshatched: not reported. hatched: over 60% from one agency.

Too small to see on the map:District of Columbia$70,535

A place of performance is where an award is administered, not where the money reaches people. A state can lead this map because one agency runs something national from an office there, which is why the share from its largest agency is shown beside the rate and hatched on the map rather than left in a footnote.

Utah is lowest at $8,226 per resident.

The share from one agency is against the sum of the state’s agency rows, which is the denominator those rows came with. USAspending also publishes a state total across every agency, and the two differ by up to half a percent in either direction because they are different aggregations; the share uses the one its numerator came from.

5 jurisdictions are in the data but not on this map, because the boundary file does not draw them: Puerto Rico, U.S. Virgin Islands, Guam, American Samoa, Northern Mariana Islands. They are in the table below.

Source: USAspending

About this chart

The figures

North Dakota leads the country at $123,129 of federal obligations per resident, and 91.1% of it comes from one agency. Federal obligations recorded against a place of performance in each state, divided by its population, fiscal year 2025. The legend gives the scale; hatching marks a state where more than 60% of the total comes from a single agency.
StatePer residentObligatedLargest agencyIts share
North Dakota$123,129$98,424,184,914Department of Health and Human Services91.1%
District of Columbia$70,535$48,926,451,121Department of Transportation21.1%
Connecticut$41,649$153,620,716,305Department of Health and Human Services58.4%
Minnesota$41,530$242,136,924,877Department of Health and Human Services81.5%
Kentucky$37,639$173,398,327,363Department of Health and Human Services73.4%
Indiana$29,696$207,079,563,961Department of Health and Human Services73.5%
Alaska$25,027$18,451,849,071Department of Health and Human Services24.8%
South Carolina$24,620$137,140,432,549Department of Health and Human Services60.4%
Virginia$24,118$214,171,594,628Department of Defense24.9%
Pennsylvania$21,560$281,567,199,244Department of Health and Human Services55.2%
New Mexico$19,511$41,470,413,220Department of Energy27.0%
Wisconsin$18,912$112,955,068,932Department of Health and Human Services55.9%
Maryland$16,866$105,668,263,122Social Security Administration27.6%
Tennessee$16,594$121,384,346,935Department of Health and Human Services47.6%
Hawaii$15,810$22,652,990,901Social Security Administration31.9%
Maine$15,568$22,026,066,650Social Security Administration39.4%
Missouri$14,952$93,757,333,059Department of Health and Human Services36.5%
Arizona$14,713$112,170,545,776Social Security Administration33.4%
Massachusetts$14,437$103,280,713,933Social Security Administration33.1%
Florida$13,853$325,031,889,023Social Security Administration38.2%
Alabama$13,783$71,575,305,997Social Security Administration38.4%
Vermont$13,760$8,870,794,394Social Security Administration44.5%
Nebraska$13,754$27,755,627,002Department of Health and Human Services36.4%
Rhode Island$13,586$15,141,669,485Social Security Administration39.1%
West Virginia$13,499$23,841,502,670Social Security Administration45.4%
Montana$13,422$15,364,300,172Social Security Administration38.8%
Oregon$13,392$57,229,948,684Social Security Administration39.8%
New York$13,109$262,210,347,196Department of Health and Human Services40.2%
Mississippi$13,055$38,567,262,221Social Security Administration40.3%
Louisiana$12,952$59,815,467,969Social Security Administration36.2%
Michigan$12,477$126,369,417,135Social Security Administration45.6%
California$12,343$485,750,421,988Department of Health and Human Services36.2%
South Dakota$12,299$11,500,670,218Social Security Administration40.1%
Oklahoma$12,190$50,262,776,529Social Security Administration39.1%
New Hampshire$12,027$17,022,898,685Social Security Administration51.4%
Wyoming$11,877$6,992,356,566Social Security Administration44.4%
Colorado$11,606$69,782,110,434Social Security Administration35.2%
North Carolina$11,563$129,485,672,381Social Security Administration43.0%
Delaware$11,547$12,239,467,583Social Security Administration52.7%
Iowa$11,278$36,522,824,340Social Security Administration45.5%
Idaho$11,271$22,876,833,401Social Security Administration41.9%
Arkansas$11,221$34,951,235,472Social Security Administration46.6%
Washington$11,192$89,549,222,800Social Security Administration41.9%
Ohio$10,846$129,078,581,942Social Security Administration45.9%
Illinois$10,584$134,623,421,823Social Security Administration42.8%
Kansas$10,425$31,038,738,197Social Security Administration47.1%
Nevada$10,352$33,976,531,292Social Security Administration42.2%
New Jersey$10,112$96,548,594,580Social Security Administration46.7%
Texas$9,824$311,519,896,588Social Security Administration36.2%
Georgia$9,368$105,885,658,848Social Security Administration45.1%
Utah$8,226$29,111,266,639Social Security Administration39.6%

State figures cover $5.2 trillion of the $5.3 trillion total: work performed abroad, or with no reported place of performance, belongs to no state. State pages therefore do not add up to the national total.

The national picture

USAspending answers who received federal money. It does not answer how much went out, what came in, or what the government owes — those are reported separately, by the Treasury and by the Office of Personnel Management, and they frame everything above.

Analysis

Each brief is prose written around values a query returned. Every figure in one is re-checked against its query before it can merge, so a number in the text cannot drift from the data behind it.

  • Most federal spending is not a contract

    Ask what the federal government spends money on and the picture that comes to mind is usually procurement: aircraft, consultants, construction. In fiscal year 2025 the government reported $5.3 trillion of obligations, and contracts were 14.7% of it.

    American Factbook Research · September 19, 2026

  • The county that receives the most federal money does not

    Ask which county receives the most federal money and the federal government's own data gives a clear answer: Hennepin County, with $188.0 billion of obligations recorded in it in fiscal year 2025. It is not a large county. 1,281,565 people live there — fewer than in Los Angeles County, which has 10,014,009 residents, records $80.1 billion, and ranks 7th.

    American Factbook Research · September 19, 2026

  • The fall in federal spending that was a change of category

    Federal obligations reported to USAspending fell between fiscal year 2013 and fiscal year 2014 from $3.97 trillion to $2.79 trillion — a change of -29.8%.

    American Factbook Research · September 19, 2026

  • The state that receives the most federal money per person

    Ask which state receives the most federal money per person and the federal government's own data gives a clear answer: North Dakota, at $123,129 for every one of its 799,358 residents. That is 15.0 times the figure for Utah at the bottom of the same ranking, on $8,226 a resident. Second place goes to District of Columbia on $70,535.

    American Factbook Research · September 19, 2026

  • What the federal debt costs, and what it now outranks

    The Treasury reported $689.2 billion of interest expense on public issues of the federal debt in the last complete fiscal year, 2025. In fiscal year 2015 — the first year of the same published series — it reported $237.3 billion. That is 2.9 times as much over 11 fiscal years.

    American Factbook Research · September 19, 2026

  • Two official figures for federal spending, $1.71 trillion apart

    In fiscal year 2025 the federal government reported $5.3 trillion of obligations on federal awards, and the Treasury reported $7.01 trillion of outlays. Both numbers are official, current, and published by the same department. They are $1.71 trillion apart — a difference of 32.2%.

    American Factbook Research · September 19, 2026

  • Who the largest federal contractor is, and why there are two answers

    Ask who the largest federal contractor is and USAspending gives a clear answer: Lockheed Martin Corporation, with $34.1 billion of contract obligations in fiscal year 2025. Second is Optum Public Sector Solutions, Inc. on $22.5 billion.

    American Factbook Research · September 19, 2026

Compare two states

Everything in this hub

Every page in this topic, by kind.

States

51

What federal agencies obligated against a place of performance in each state.

Some of the largest are shown here, alphabetically; the index lists every one.

More pages

7

Single pages of this hub that are not one of a kind.

Sources

Compiled automatically from USAspending API v2 by a checked SQL query · Editor: Kian O'Connor · How this site is built

Data retrieved

Recipient, county, district, industry, country and sub-agency pages read USAspending's dimension tables, which are refreshed monthly, on the 11th.