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What kind of spending it is

Most federal money is not a contract. In FY2025, direct payments to individuals were 61.3% of obligations and contracts were 14.7%.

The mix in FY2025

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Federal obligations by award type, fiscal year 2025
InstrumentObligationsShare
Direct payments$3.3 trillion61.3%
Grants$1.2 trillion23.5%
Contracts$778.0 billion14.7%
Other$17.4 billion0.3%
Insurance$8.7 billion0.2%
Loans$207.4 million< 0.1%

How the mix has moved

Insurance reached $1.4 trillion in FY2013 and has not been near it since

One line per instrument. They are drawn together to show their relative size and shape, not to be added: loans and insurance are face value rather than money, and a contract and a benefit payment are different things.

The insurance line is why a chart of the total falls at FY2014 — that fall is a change in what was reported, not in what was spent.

FY2026 is still open and is not drawn: its row in the table holds the obligations recorded so far, not a full twelve months.

Source: USAspending

About this chart

The figures

Insurance reached $1.4 trillion in FY2013 and has not been near it since. One line per instrument. They are drawn together to show their relative size and shape, not to be added: loans and insurance are face value rather than money, and a contract and a benefit payment are different things.
Fiscal yearDirect paymentsGrantsContractsOtherInsuranceLoans
2008$1,104,102,775,162$391,468,876,158$536,654,224,628$6,040,276,606$6,317,313,811$322,330,028
2009$1,279,251,950,781$671,604,490,819$534,923,332,796$7,939,386,755$444,024,933,774$710,194,925
2010$1,085,908,981,450$627,091,322,038$534,224,842,927$3,515,014,366$237,825,679,719$2,967,466,315
2011$920,978,694,843$575,255,861,054$532,959,663,218$8,147,165,758$1,273,381,128,551$2,894,162,202
2012$1,520,186,478,800$542,698,854,497$514,195,004,377$8,360,986,734$1,272,083,758,282-$249,316,120
2013$1,603,725,255,926$531,679,880,767$457,730,568,868$9,895,844,695$1,363,180,980,213$1,926,673,664
2014$1,670,397,795,575$603,380,187,685$439,771,913,973$58,171,847,893$8,744,467,174$6,136,585,075
2015$1,805,307,574,646$626,378,116,980$430,490,497,954$67,663,141,737$6,562,650,611$4,305,992,677
2016$1,917,378,827,311$674,093,840,099$463,230,551,866$77,321,803,753$6,709,717,458$2,312,998,666
2017$1,948,137,545,394$716,652,760,784$500,823,930,293$71,580,365,910$11,550,620,297$1,870,704,488
2018$1,983,898,356,849$752,741,923,861$545,385,613,587$72,650,656,977$16,669,729,289$5,559,396,860
2019$2,132,611,925,705$761,349,525,862$578,005,704,399$74,796,950,067$8,459,217,669-$6,613,851,581
2020$2,735,289,011,004$965,648,195,014$657,231,620,662$76,855,448,046$11,197,508,512$549,250,784,852
2021$2,929,390,629,121$1,361,294,438,439$632,769,538,972$87,609,279,397$13,085,877,477$274,802,340,082
2022$2,645,254,121,334$1,133,626,482,586$680,130,413,800$106,886,348,854$27,285,665,398$5,472,522,436
2023$2,856,969,767,799$1,138,676,678,888$745,945,181,330$62,171,871,978$19,365,424,772-$5,662,962,426
2024$2,942,856,962,887$1,211,510,900,044$740,124,284,146$31,559,002,495$7,162,667,986-$1,822,826,641
2025$3,251,230,712,307$1,244,955,168,318$778,045,402,607$17,358,976,470$8,724,866,817$207,403,034
2026$2,996,171,307,595$1,176,939,183,685$670,725,363,826$11,771,875,982$5,770,546,086-$4,946,555,577

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What this data cannot show

  • These are the publisher’s own groupings of its award type codes. They are not equivalent quantities: loans and insurance are face value, a contract is a purchase, and a direct payment is a benefit paid to a person.
  • A group can be negative in a year. That means deobligations exceeded obligations for that instrument, which is a real fact about the year rather than a missing figure.

Sources

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

Data retrieved