United States · Federal finances — fiscal year 2026

Where the federal dollar goes

Money in, money out, and the national debt — from the U.S. Treasury’s official monthly accounting. Every figure on this page links back to its source.

Figures through June 30, 2026 — month 9 of 12 of fiscal year 2026.

$16,144 Federal spending per resident, fiscal year 2026 to date · +3.2%$5.52T Total outlays, FYTD$4.15T Total receipts, FYTD−$1.37T Budget balance, FYTD

The debt

The national debt, 1790 to today

Total public debt outstanding at each fiscal-year end since 1790, plus the latest daily figure — to the penny.

Total public debt outstanding

$39.42T

as of July 13, 2026

Per resident

$115,330

341,784,857 residents

Held by the public

$31.71T

Intragovernmental holdings

$7.71T

Log scale — each horizontal gridline is 10× the one below. Amounts are nominal dollars as recorded at the time; this dataset carries no inflation adjustment. The annual (Historical Debt Outstanding) and daily-based (Debt to the Penny) series treat Federal Financing Bank debt differently per the datasets' published notes — do not splice them into a single continuous line.

Source: Historical Debt Outstanding Data ↗·Debt to the Penny Data ↗

Money in

Where the money comes from

9 receipt sources, ranked by fiscal-year-to-date receipts: $4.15T collected so far — $12,146 per resident.

Receipt sourceReceipts, FYTD

Individual Income Taxes$6,424 per resident · 52.9% of receipts · +6.6% vs same period last year$2,196B

Employment and General Retirement$3,914 per resident · 32.2% of receipts · +3.1% vs same period last year$1,338B

Corporation Income Taxes$817 per resident · 6.7% of receipts · −23.7% vs same period last year$279B

Customs Duties$477 per resident · 3.9% of receipts · +50.9% vs same period last year$163B

Excise Taxes$219 per resident · 1.8% of receipts · −0.5% vs same period last year$75B

Unemployment Insurance$116 per resident · 1.0% of receipts · −11.5% vs same period last year$40B

Estate and Gift Taxes$88 per resident · 0.7% of receipts · +35.0% vs same period last year$30B

Miscellaneous Receipts$72 per resident · 0.6% of receipts · −10.9% vs same period last year$25B

Other Retirement$18 per resident · 0.2% of receipts · −0.7% vs same period last year$6.3B

Source: Monthly Treasury Statement (MTS) Data ↗

Money out

Where the money goes

19 budget functions, ranked by fiscal-year-to-date outlays: $5.52T spent so far — $16,144 per resident. 2 categories are negative and shown separately below the bars.

Budget functionOutlays, FYTD

Social Security$3,639 per resident · 22.5% of outlays · +5.3% vs same period last year$1,244B

Net Interest$2,420 per resident · 15.0% of outlays · +10.5% vs same period last year$827B

Medicare$2,283 per resident · 14.1% of outlays · +7.9% vs same period last year$780B

Health$2,230 per resident · 13.8% of outlays · +6.6% vs same period last year$762B

National Defense$2,086 per resident · 12.9% of outlays · +4.5% vs same period last year$713B

Income Security$1,591 per resident · 9.9% of outlays · −1.9% vs same period last year$544B

Veterans Benefits and Services$893 per resident · 5.5% of outlays · +9.8% vs same period last year$305B

Transportation$293 per resident · 1.8% of outlays · +1.5% vs same period last year$100B

Administration of Justice$226 per resident · 1.4% of outlays · +23.8% vs same period last year$77B

Education, Training, Employment, and Social Services$214 per resident · 1.3% of outlays · −44.0% vs same period last year$73B

Agriculture$139 per resident · 0.9% of outlays · +13.5% vs same period last year$47B

Community and Regional Development$132 per resident · 0.8% of outlays · −32.2% vs same period last year$45B

Natural Resources and Environment$128 per resident · 0.8% of outlays · −37.4% vs same period last year$44B

International Affairs$99 per resident · 0.6% of outlays · −24.9% vs same period last year$34B

General Science, Space, and Technology$86 per resident · 0.5% of outlays · −4.8% vs same period last year$29B

Energy$42 per resident · 0.3% of outlays · −11.0% vs same period last year$14B

General Government$39 per resident · 0.2% of outlays · −45.8% vs same period last year$13B

Offsets & receipts credited against spending. In the Treasury’s accounting, some collections are recorded as negative outlays — subtracted from total spending rather than counted as revenue. That is why these lines, and their share of the total, are negative.

Commerce and Housing Credit−$12.6B −0.2% of outlays · −$37 per resident

Undistributed Offsetting Receipts−$122.8B −2.2% of outlays · −$359 per resident

Source: Monthly Treasury Statement (MTS) Data ↗

The balance

Receipts vs. outlays

So far this fiscal year, the federal government has spent $5.52T and collected $4.15T.

Fiscal-year-to-date deficit

−$1.37T

receipts − outlays: surplus positive, deficit negative (matches the MTS 'Total Surplus (+) or Deficit (-)' line).

Where the money came from$5.52T

Individual Income Taxes$2.20T

Employment and General Retirement$1.34T

Corporation Income Taxes$279.3B

All other receipt sources (6)$338.7B

Deficit — financed by borrowing$1.37T

Receipts cover $4.15T; the remaining $1.37T is borrowed.

Where it went$5.52T

Social Security$1.24T

Net Interest$827.2B

Medicare$780.3B

Health$762.3B

National Defense$713.1B

All other functions (14), net of offsets$1.19T

All 19 budget functions, net of offsetting receipts.

In June 2026 alone: $495.8B came in and $616.1B went out — a $120.3B deficit for the month.

Source: Monthly Treasury Statement (MTS) Data ↗