Treasury — FY2022 spending
In fiscal year 2022, Treasury paid out $1.14T — 18.1% of the federal government’s $6.27T in total outlays — and obligated $1.45T.
That is $3,411/person and 4.5% of GDP.
Federal accounts
The 24 largest federal accounts under Treasury in FY2022. 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) | $718B | $718B | 63.2% |
| Refunding Internal Revenue Collections (Indefinite) | $306B | $306B | 26.9% |
| Payment Where Child Tax Credit Exceeds Liability for Tax | $131B | $131B | 11.6% |
| Coronavirus Relief Fund | $106B | $0.1B | 9.3% |
| Refundable Premium Assistance Tax Credit | $85B | $85B | 7.5% |
| Payment Where Earned Income Credit Exceeds Liability for Tax | $64B | $64B | 5.7% |
| U.S. Coronavirus Refundable Credits | $29B | $29B | 2.6% |
| U.S. Coronavirus Payments | $14B | $14B | 1.2% |
| Credit Reform: Interest Paid on Uninvested Funds (Indefinite) | $13B | $13B | 1.1% |
| Emergency Rental Assistance | $13B | $3.2B | 1.1% |
| Homeowner Assistance Fund | $8.6B | $0.0B | 0.8% |
| Emergency Capital Investment Fund | $8.3B | $8.3B | 0.7% |
| Child and Dependent Care Tax Credit, Internal Revenue Service, Department of the Treasury | $7.4B | $7.4B | 0.7% |
| United States Mint Public Enterprise Fund | $5.3B | $5.2B | 0.5% |
| Enforcement, Internal Revenue Service | $5.3B | $5.5B | 0.5% |
| Operations Support | $5.1B | $5.2B | 0.4% |
| Payment Where American Opportunity Credit Exceeds Liability for Tax - Recovery Act | $3.8B | $3.8B | 0.3% |
| Refunding Internal Revenue Collections, Interest (Indefinite) | $3.5B | $3.5B | 0.3% |
| Taxpayer Services | $3.2B | $3.3B | 0.3% |
| Payment Where Certain Tax Credits Exceeds Liability for Corporate Tax | $2.7B | $2.7B | 0.2% |
| Build America Bond Payments - Recovery Act | $2.3B | $2.3B | 0.2% |
| Federal Financing Bank Revolving Fund | $1.9B | $1.9B | 0.2% |
| Judgements, Court of Claims (Indefinite) | $1.6B | $1.3B | 0.1% |
| State Small Business Credit Initiative | $1.3B | $4.4B | 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.