Treasury — FY2020 spending
In fiscal year 2020, Treasury paid out $1.15T — 17.6% of the federal government’s $6.55T in total outlays — and obligated $1.57T.
That is $3,480/person and 5.5% of GDP.
Federal accounts
The 24 largest federal accounts under Treasury in FY2020. 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) | $523B | $523B | 45.4% |
| Refunding Internal Revenue Collections (Indefinite) | $300B | $300B | 26.1% |
| U.S. Coronavirus Payments | $275B | $275B | 23.8% |
| Coronavirus Relief Fund | $149B | $150B | 13.0% |
| Refundable Premium Assistance Tax Credit | $60B | $61B | 5.2% |
| Payment Where Earned Income Credit Exceeds Liability for Tax | $58B | $58B | 5.0% |
| Air Carrier Worker Support, Departmental Offices, Department of Treasury | $28B | $28B | 2.4% |
| Payment Where Child Tax Credit Exceeds Liability for Tax | $28B | $28B | 2.4% |
| Credit Reform: Interest Paid on Uninvested Funds (Indefinite) | $23B | $23B | 2.0% |
| Economic Stabilization Program Account | $19B | $32B | 1.7% |
| Payment Where Certain Tax Credits Exceeds Liability for Corporate Tax | $16B | $16B | 1.4% |
| Exchange Stabilization Fund | $12B | $22B | 1.0% |
| Judgements, Court of Claims (Indefinite) | $7.3B | $7.3B | 0.6% |
| Enforcement, Internal Revenue Service | $4.8B | $4.9B | 0.4% |
| Operations Support | $4.5B | $4.6B | 0.4% |
| United States Mint Public Enterprise Fund | $3.4B | $3.5B | 0.3% |
| Refunding Internal Revenue Collections, Interest (Indefinite) | $3.0B | $3.0B | 0.3% |
| Payment Where American Opportunity Credit Exceeds Liability for Tax - Recovery Act | $2.8B | $2.8B | 0.2% |
| Taxpayer Services | $2.7B | $2.8B | 0.2% |
| Payment to the Resolution Funding Corporation | $2.4B | $2.4B | 0.2% |
| Federal Financing Bank Revolving Fund | $2.2B | $2.2B | 0.2% |
| Build America Bond Payments - Recovery Act | $2.1B | $2.1B | 0.2% |
| Contribution to the International Development Association | $1.1B | $1.1B | 0.1% |
| Assessment Funds | $1.0B | $1.1B | 0.1% |
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.