US Federal Budget & Government Spending
FY2026 reported figures (period incomplete) - U.S. Treasury MTS / FRED · Treasury Fiscal Data, FRED & USASpending
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FY2026 Federal Budget Data
FY2026 reported net outlays: $6.3T from Treasury MTS (as identified by the API). Budgetary resources and Treasury receipts are separate series. FY2026 is still in progress. Treat its figures as partial until the reporting period is confirmed; do not compare them directly with complete annual totals. Federal fiscal years run from October 1 to September 30. Figures are reported by source; the API does not provide a verified data-as-of date.
- Net Outlays
- FY2026
- Treasury MTS (as identified by the API)
- Budgetary Resources
- FY2026
- USAspending budgetary resources
Federal Net Outlays by Function
Net Outlays Ledger
FY2026 DATANet Outlays: Treasury Monthly Treasury Statement net outlays. Check the source reporting cut-off before interpreting a current fiscal year as complete.
Medicare
Net Interest
Top RiskHealth (Medicaid & Other)
National Defense
Income Security
Veterans Benefits and Services
Transportation
Administration of Justice
Education, Training, Employment & Social Services
Community and Regional Development
Agriculture
Natural Resources and Environment
International Affairs
General Science, Space, and Technology
General Government
Energy
Commerce and Housing Credit
Undistributed Offsetting Receipts
| Budget Function | Net Outlays | API Rating | Action |
|---|---|---|---|
Social Security #1 SpendEntitlements | $1.4T | Stable | |
Medicare Health | $954.5B | Warning | |
Net Interest Top RiskDebt | $931.4B | Critical | |
Health (Medicaid & Other) Health | $845.2B | Warning | |
National Defense Defense | $803.7B | Critical | |
Income Security Entitlements | $607.7B | Warning | |
Veterans Benefits and Services Veterans | $360.6B | Stable | |
Transportation Infrastructure | $112.8B | Stable | |
Administration of Justice Justice | $90.0B | Stable | |
Education, Training, Employment & Social Services Education | $82.0B | Leak | |
Community and Regional Development Housing | $51.6B | Warning | |
Agriculture Agriculture | $49.2B | Stable | |
Natural Resources and Environment Environment | $49.1B | Stable | |
International Affairs Foreign Policy | $38.7B | Warning | |
General Science, Space, and Technology Science | $33.0B | Good | |
General Government Admin | $20.2B | Stable | |
Energy Energy | $16.8B | Stable | |
Commerce and Housing Credit Commerce | -$10.0B | Good | |
Undistributed Offsetting Receipts Receipts | -$136.6B | Stable |
Agency breakdown unavailable
The API supplies a total but no named agency amounts. Agency rankings and shares are unavailable; missing data does not mean zero. The reporting period for this total is unconfirmed.
Source Data: The backend identifies the outlay series as Treasury MTS net outlays. Its source statement identifies Treasury MTS receipts and USAspending budgetary resources as separate series. Headline and function rows use Treasury MTS net outlays. Snapshot updatedAt/fetchedAt: 2026-08-26T15:26:41.582203+00:00.
Scope: Read Outlays from Treasury MTS and Budget Authority from USASpending. FY2026 figures must not be mixed across metrics.
About the Federal Budget Data
FY2026 reported net outlays: $6.3T from Treasury MTS (as identified by the API). Budgetary resources and Treasury receipts are separate series. Treasury net outlays include offsets. The reporting cut-off must be checked before treating a current fiscal year as complete.
Amounts are supplied by public-data APIs. Impact scores, status ratings and AI commentary are analytical content, not official audit findings. The API does not establish a link from each funding source to each function or recipient. See the methodology and sources.
Net Outlays: FY2026 · Budgetary Resources: FY2026
Federal Budget Questions
What does the FY2026 headline measure?
FY2026 reported net outlays: $6.3T from Treasury MTS (as identified by the API). Budgetary resources and Treasury receipts are separate series.
How do budgetary resources, obligations and outlays differ?
Budgetary resources include new budget authority, balances carried forward and other resources. Obligations are commitments; outlays generally record payments. These series do not measure newly enacted appropriations or reconcile directly to one another.
Which functions have the largest reported outlays?
FY2026, Treasury MTS (as identified by the API); amounts are rounded as published by the API.
- Social Security$1.4T
- Medicare$954.5B
- Net Interest$931.4B
- Health (Medicaid & Other)$845.2B
How is the federal budget funded?
Treasury receipts and the budget deficit use net outlays as their denominator. These selected funding lines are not a reconciliation to File B gross outlays.
- Individual Income Taxes$2.4T (37.7% of Treasury net outlays)
- Borrowing / Budget Deficit$1.8T (28.6% of Treasury net outlays)
- Payroll Taxes (FICA/SECA)$1.5T (23.5% of Treasury net outlays)
- Corporation Income Taxes$292.9B (4.7% of Treasury net outlays)