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How much does the federal government spend?

The federal government obligated $4.8 trillion on federal awards in fiscal year 2026, and the Treasury reports $6.8 trillion paid out so far in the same year. Both are official answers to the question and they are not the same number. Exactly, $4,777,270,848,555 obligated.

Answer current as of

Federal obligations excluding insurance rose from $2.0 trillion in FY2008 to $4.8 trillion in FY2026

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. The publisher reported $1.4 trillion of it 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, which is comparable across the whole period, 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 a partial year: it holds the obligations recorded so far, not a full twelve months, so the last point is not comparable with the ones before it.

U.S. Department of the Treasury, Bureau of the Fiscal Service — USAspending API v2

The figures behind this chart
Federal obligations excluding insurance rose from $2.0 trillion in FY2008 to $4.8 trillion in FY2026. 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. The publisher reported $1.4 trillion of it 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, which is comparable across the whole period, does not fall.
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$2,491,533,308,869$2,253,707,629,15067
2011$3,313,616,675,627$2,040,235,547,07665
2012$3,857,275,766,571$2,585,192,008,28968
2013$3,968,139,217,968$2,604,958,237,75569
2014$2,786,603,234,600$2,777,858,767,42768
2015$2,940,708,910,090$2,934,146,259,47968
2016$3,141,056,985,447$3,134,347,267,98970
2017$3,250,565,652,104$3,239,015,031,80771
2018$3,376,818,254,932$3,360,148,525,64372
2019$3,548,361,737,411$3,539,902,519,74272
2020$4,995,548,580,494$4,984,351,071,98273
2021$5,298,567,417,658$5,285,481,540,18173
2022$4,598,658,827,046$4,571,373,161,64873
2023$4,817,473,229,498$4,798,107,804,72773
2024$4,931,558,125,734$4,924,395,457,74873
2025$5,300,921,147,492$5,292,196,280,67473
2026$4,777,270,848,555$4,771,530,665,85273

Where this comes from

The figure is the result of a checked-in query, hub_totals.sql, run against the published data. Every number on this page can be traced to it.