Federal spending, FY2026
Federal agencies reported $4.8 trillion in obligations for fiscal year 2026, across 73 top-tier agencies.
American Factbook Research
The fiscal year so far
- Total obligations
- $4,777,271,007,979
- All award types. Obligations recorded, not money spent.
- Agencies reporting
- 73
- Top-tier agencies with any obligation recorded this year.
- Contracts
- $659,961,367,893
- Procurement awards.
- Grants
- $1,151,673,676,539
- Grant and cooperative agreement awards.
- Direct payments
- $2,953,473,991,510
- Benefits paid to individuals, including Social Security.
- Loans
- -$5,031,665,487
- Face value of loans and loan guarantees. Not money paid out.
Fiscal year 2026 runs from 1 October 2025 to 30 September 2026. It is not complete, and agencies revise what they submit, so these figures change. They were taken from USAspending on September 18, 2026.
Largest agencies
All 73 agencies| Rank | Agency | Obligations |
|---|---|---|
| 1 | Department of Health and Human Services | $2,029,998,774,544 |
| 2 | Social Security Administration | $1,433,629,350,985 |
| 3 | Department of Defense | $354,342,802,819 |
| 4 | Department of Veterans Affairs | $285,070,138,566 |
| 5 | Department of Agriculture | $148,936,043,600 |
| 6 | Department of Transportation | $101,803,189,553 |
| 7 | Department of Homeland Security | $89,021,881,633 |
| 8 | Department of Education | $82,548,138,279 |
| 9 | Department of Housing and Urban Development | $62,292,771,151 |
| 10 | Department of Energy | $54,744,746,837 |
Where the work was performed
All states| Rank | State | Obligations |
|---|---|---|
| 1 | California | $444,866,798,834 |
| 2 | Texas | $296,132,917,666 |
| 3 | Florida | $290,178,573,338 |
| 4 | Pennsylvania | $254,502,858,385 |
| 5 | New York | $239,483,529,937 |
| 6 | Minnesota | $222,895,462,058 |
| 7 | Kentucky | $182,409,052,019 |
| 8 | Virginia | $177,279,805,948 |
| 9 | Indiana | $176,376,526,189 |
| 10 | Connecticut | $131,480,403,979 |
State figures cover $4,725,719,515,020 of the $4,777,271,007,979 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.
What this data cannot show
- USAspending reports obligations and outlays as submitted by agencies. It is not an audited financial statement.
- Award records are revised after publication; a figure is only as current as the snapshot it was drawn from.
- Place-of-performance is the recipient’s reported location, not necessarily where work occurred.
- These are obligations recorded in the period, as USAspending aggregates transactions. They are not outlays, not the value of awards signed in the period, and not an agency’s budget.
- Place of performance is the location the recipient reported. It is not necessarily where the work happened or where the money ended up.
Full method at methodology.
Sources
- USAspending API v2 — U.S. Department of the Treasury, Bureau of the Fiscal Service · U.S. Government work, public domain (17 U.S.C. 105) · retrieved 2026-09-18apps/web/queries/spending/hub_totals.sql
Data retrieved