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Bookmark or Share- How much debt does the US have? - USAFactsThis averages about $18,400 per person in the US. The amount the government can spend depends on the amount of revenue it collects (e.g., through taxes, customs duties, and other sources). If it has to spend more revenue than it brings in, it borrows the funds, creating debt.
- How much foreign aid does the US provide? - USAFactsDisbursements, which count dollars when the money to fund an obligation is actually transferred out of US government accounts, is another way of measuring aid. As a measure of actual foreign aid spending in a given year, disbursements enable comparisons against government expenditures, making it easier to see the share of foreign aid in the ...
- 2024 Current State of the Union: US Federal Budget - USAFactsThe federal government collected nearly $4.5 trillion in revenue in fiscal year 2023 (FY 2023). The federal government spent almost $6.2 trillion in FY 2023, including funds distributed to states. Federal revenue decreased 15.5% in FY 2023 but remained almost 8% higher than in FY 2019.
- How much does the US federal government spend? - USAFactsThis averages about $18,400 per person in the US. The amount the government can spend depends on the amount of revenue it collects (e.g., through taxes, customs duties, and other sources). If it has to spend more revenue than it brings in, it borrows the funds, creating debt.
- The federal budget: an overview - USAFactsWhat does the US government spend money on? The largest spending categories in the $6.16 trillion federal budget in 2023 were Social Security at 22% of the budget ($1.35 trillion), national defense and veteran support at 18% ($1.13 trillion), transfers to states at 18% ($1.09 trillion), and Medicare at 14% ($848 billion).
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