Net Interest
$1.2 trillion of gross federal outlays were reported under the Net Interest heading in fiscal year 2026, the 3 largest of 18 budget functions. Department of the Treasury accounts for 100.0% of it.
American Factbook Research
Identifiers
- Budget function
- Net Interest
The record
| Outlays · FY2026Gross outlays, not net. At this grain they are routinely negative for some agencies, which is why nothing here calls them money spent. | $1,179,842,529,413USD, gross |
|---|---|
| Obligations · FY2026 | $1,189,704,545,964USD |
| Rank among budget functions · FY2026 | 3 of 18by outlays |
| Share of all budget functions · FY2026 | 13.4%percent of outlays under every heading |
| Agencies reporting under it · FY2026 | 1agencies |
Agencies reporting under this heading
1 more column on a wider screen
| Rank | Agency | Outlays |
|---|---|---|
| 1 | Department of the Treasury | $1,179,842,529,413 |
An agency with a top-tier code and no name reports this function to the account data and does not appear in the award table the names come from. Its figure is the publisher’s; the missing name is ours.
What this data cannot show
- A budget function is reported per agency and never nationally. The figure at the top of this page is a sum over the rows in the table below, not a total the publisher published.
- Gross outlays are not net outlays and neither is money spent in the sense a reader means. An agency’s figure can be negative when it recovers more than it pays out under a heading in the period.
- The fiscal year is not over. These are the figures reported so far.
- Budget functions describe purpose, not programme. Money under one heading can pay for work a reader would file under several, and one programme can appear under more than one heading in different agencies.
Related
Sources
- USAspending API v2 — dimension aggregations — U.S. Department of the Treasury, Bureau of the Fiscal Service · U.S. Government work, public domain (17 U.S.C. 105) · retrieved September 19, 2026
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