Treasury — FY2018 spending
In fiscal year 2018, Treasury paid out $621B — 15.1% of the federal government’s $4.11T in total outlays — and obligated $1.04T.
That is $1,900/person and 3.1% of GDP.
Federal accounts
The 24 largest federal accounts under Treasury in FY2018. Hover an account name for its full official title. Shares are of this agency’s outlays, not of the federal total.
| Federal account | Outlays | Obligations | Share of agency outlays |
|---|---|---|---|
| Interest on the Public Debt (Indefinite) | $522B | $522B | 84.0% |
| Refunding Internal Revenue Collections (Indefinite) | $331B | $331B | 53.3% |
| Payment Where Earned Income Credit Exceeds Liability for Tax | $59B | $59B | 9.4% |
| Refundable Premium Assistance Tax Credit | $54B | $54B | 8.7% |
| Payment Where Child Tax Credit Exceeds Liability for Tax | $19B | $19B | 3.0% |
| Credit Reform: Interest Paid on Uninvested Funds (Indefinite) | $7.9B | $7.9B | 1.3% |
| Enforcement, Internal Revenue Service | $4.6B | $4.7B | 0.7% |
| Operations Support | $4.1B | $4.4B | 0.7% |
| Assistance to Federal National Mortgage Association and Federal Home Loan Mortgage Corporation | $4.0B | $4.0B | 0.6% |
| Build America Bond Payments - Recovery Act | $3.5B | $3.5B | 0.6% |
| Payment Where American Opportunity Credit Exceeds Liability for Tax - Recovery Act | $3.1B | $3.1B | 0.5% |
| Payment to the Resolution Funding Corporation | $2.6B | $2.6B | 0.4% |
| Taxpayer Services | $2.6B | $2.6B | 0.4% |
| Troubled Asset Relief Program, Housing Programs | $2.2B | $0.0B | 0.4% |
| Federal Financing Bank Revolving Fund | $2.0B | $2.0B | 0.3% |
| Refunding Internal Revenue Collections, Interest (Indefinite) | $1.6B | $1.6B | 0.2% |
| Restitution of Forgone Interest | $1.5B | $1.5B | 0.2% |
| United States Mint Public Enterprise Fund | $1.4B | $1.4B | 0.2% |
| Assessment Funds | $1.2B | $1.2B | 0.2% |
| Payment Where Certain Tax Credits Exceeds Liability for Corporate Tax | $1.1B | $1.1B | 0.2% |
| Contribution to the International Development Association | $1.1B | $1.1B | 0.2% |
| Treasury Forfeiture Fund | $1.0B | $1.0B | 0.2% |
| Judgements, Court of Claims (Indefinite) | $0.9B | $0.8B | 0.1% |
| Exchange Stabilization Fund | $0.0B | $1.6B | 0.0% |
Notes
- Top-level spending is net outlays (MTS). Drilled levels are USAspending gross figures and may exceed the agency total.
Program-activity and object-class detail below these accounts is available in the interactive explorer and as JSON.