This means the government promises to spend the money, either immediately or in the future. government enters a binding agreement called an obligation. When issuing a contract or grant, the U.S. This is money that has actually been paid out and not just promised to be paid. Throughout this page, we use outlays to represent spending. These purchases can also be classified by object class and budget functions. This spending can be broken down into two primary categories: mandatory and discretionary. Visit the national deficit explainer to see how the deficit and revenue compare to federal spending.įederal government spending pays for everything from Social Security and Medicare to military equipment, highway maintenance, building construction, research, and education. In fiscal year (FY), the government spent $, which was than it collected (revenue), resulting in a. If the government spends less than it collects in revenue, there is a budget surplus. If the government spends more than it collects in revenue, then there is a budget deficit. Consequently, as the debt grows, the spending on interest expense also generally grows. The federal government also spends money on the interest it has incurred on outstanding federal debt. Within the profiles, users can search or browse the compiled data.įor more information about, see their FAQs page.The federal government spends money on a variety of goods, programs, and services that support the economy and people of the United States. The website has also recently added a new profile to track COVID-19 spending. also offers Profiles to view how federal funding is disbursed or spent by Agencies, Federal Accounts, States, and Recipients. A toggle is also available to switch between Prime Awards and Sub-Awards. Users can sort using the Table, Time, Map, or Categories. There are several different sort options provided on the results page. If you have used keywords, first click the search icon to add the keywords to your search, then click "Submit Search" to add the rest of your filters. To begin with the Advanced Search, add your keyword terms and filters from the Filters panel. Users can choose between Advanced Search or Keyword Search. To search for specific federal awards, use the Award Search. Users can switch to a list view with the toggle in the top right corner. Browse by “Budget Function” to see spending based on purpose by “Agency” to find data on a specific agency or by “Object Class” to view the spending by types of goods or services.Įach dashboard will display a graphic of the data by default. There are three different browse options for Spending Explorer. The Spending Explorer is an interactive tool to view how Congress funds agencies, and how those agencies spend their funding. Users can utilize the Spending Explorer, Award Search, or Profiles. offers several differenty entry points for searching or browsing spending data. The DATA act established government-wide standards for data reporting while also simplifying the reporting process. FFATA was expanded in 2014 with the Digital Accountability and Transparency Act (DATA Act). The legislation requires that federal contract, grant, loan, and other financial assistance awards of more than $25,000 be displayed online for the American public. The publicly accessible and searchable website was created by the Federal Funding Accountability and Transparency Act of 2006 (FFATA). is the official source for spending data for the U.S.
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