The United States recorded a government budget surplus of 27000 USD Million in June of 2025. This dataset provides - United States Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Spending in the United States decreased to 3990.60 USD Billion in the first quarter of 2025 from 3996.30 USD Billion in the fourth quarter of 2024. This dataset provides the latest reported value for - United States Government Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Federal Net Outlays as Percent of Gross Domestic Product (FYONGDA188S) from 1929 to 2024 about outlays, federal, Net, GDP, and USA.

The total outlays of the United States government added up to about 6.13 trillion U.S. dollars in 2023. This is expected to increase to 6.94 trillion U.S. dollars in 2024, and increase to over eight trillion U.S. dollars by 2029.

Graph and download economic data for Federal Government: Current Expenditures (FGEXPND) from Q1 1947 to Q1 2025 about expenditures, federal, government, GDP, and USA.

In 2023, the U.S. government had a budget deficit of 1.69 trillion U.S. dollars. This is compared to 2000, when the government had a budget surplus of 0.24 trillion U.S. dollars.

U.S. Government budget

The government budget is a financial statement that demonstrates the government’s suggested revenues and spending for the financial year. Budget surpluses occur when income exceeds expenditures. Budget deficits occur when spending exceeds income. The budget balance of the U.S. government has fluctuated since 2016, and is expected to decrease slightly by 2026.

Military spending

Defense outlays in the United States amounted to 714 billion U.S. dollars in 2020. It is expected to continue to increase over the next several years. The United States currently has the largest defense budget in the world, and is the largest employer in the world. The military budget funds the Army, Marine Corps, Navy, and Air Force. The amount of funding that goes towards the Department of Defense is heavily criticized by Democrats in the United States, because they believe that the funding should be more evenly distributed towards other social welfare programs such as public health insurance and education.

In 2022, the total receipts of the United States government added up to approximately 4.9 trillion U.S. dollars. By 2028, the receipts of the U.S. government are expected to increase to 6.4 trillion U.S. dollars.

Graph and download economic data for Federal Surplus or Deficit - from Oct 1980 to May 2025 about budget, federal, and USA.

Government spending in the United States was last recorded at 39.7 percent of GDP in 2024 . This dataset provides - United States Government Spending To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Federal Surplus or Deficit [-] as Percent of Gross Domestic Product (FYFSGDA188S) from 1929 to 2024 about budget, federal, GDP, and USA.

Annual government expenditure in the United States added up to about 10.07 trillion U.S. dollars in the second quarter of 2024. This is compared to the first quarter of 2009, when this figure stood at 5.53 trillion U.S. dollars.

Graph and download economic data for Federal government total expenditures (W019RCQ027SBEA) from Q3 1959 to Q1 2025 about expenditures, federal, government, GDP, and USA.

Graph and download economic data for Federal Outlays: Interest as Percent of Gross Domestic Product (FYOIGDA188S) from 1940 to 2024 about outlays, federal, percent, interest, GDP, and USA.

Graph and download economic data for Federal government current expenditures: Interest payments (A091RC1Q027SBEA) from Q1 1947 to Q1 2025 about payments, expenditures, federal, government, interest, GDP, and USA.

The U.S. budget deficit amounted to roughly 1.7 trillion U.S. dollars in 2023, which was around 6.3 percent of the U.S. GDP. The forecast predicts a state deficit of about 2.58 trillion U.S. dollars in 2034, which would be about 6.2 percent of the U.S. GDP. The GDP of the United States since 1990 can be accessed here.

Russia recorded a Government Budget deficit equal to 1.70 percent of the country's Gross Domestic Product in 2024. This dataset provides - Russia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Federal government spending on Medicaid totaled 616 billion U.S. dollars in 2023. The forecast predicts an increase in Medicaid outlays up to over 898 billion U.S. dollars in 2034. The statistic shows the total federal Medicaid spending history from 2000 to 2023, with an additional forecast from 2024 to 2034.

The National Aeronautics and Space Administration (NASA) is an independent agency of the US Government, founded in 1958, taking over from the dissolved National Advisory Committee for Aeronautics (NACA). It oversees the US space program, as well as research into aeronautics and aerospace, while the Advanced Research Projects Agency (ARPA) oversees military matters regarding space. NASA was founded at the beginning of what has become known as the 'space race,' a period of Cold War history where the Soviet Union and the US competed for dominance and superiority of space technology. In 1957 the Soviet Union launched the first artificial satellite (Sputnik) into the earth's orbit, marking the first significant development in the space race. While the relationship between the US and Russia is much friendlier today, with both countries cooperating on space endeavors such as the International Space Station (ISS), it is important to remember that tensions between both nations were very high during this time, and the launch of the satellite displayed the potential ability to launch nuclear warheads from space.

America responds The US responded in 1958 with the launch of Explorer I, and this was also the year that NASA was founded. From the graph we can see that US investment in NASA in its infancy grew exponentially, jumping from 330 million US dollars in 1959 to 5.25 billion in 1965, which translates to approximately $34 billion in 2020 dollars, which is more than NASA has ever been allocated by the US government since its founding. During this time NASA also worked with the CIA and US Air Force to monitor Soviet military activity. The reason that the United States began investing more money during the early 60s was because of advancements made by the Soviets in this time, such as the launch of Luna 2, and Yuri Gagarin's first manned orbit of the earth. Three weeks after Yuri Gagarin's orbit, Alan Shepard became the first American man to go into space, and in February 1962 John Glenn became the first American to orbit the earth.

The Apollo Program In May 1961, President John F. Kennedy made the claim that the US would put a man on the moon before the end of the decade, and the Apollo project was born. The Apollo Program, which lasted between 1961 and 1972, cost almost 30 billion US dollars at the time. Kennedy's dream of landing man on the moon was achieved on July 20, 1969, when Neil Armstrong and Buzz Aldrin were the first men to stand on the moon, and NASA sent a further five manned missions to the moon, culminating with Apollo 17 in December 1972.

...and beyond By landing on the moon first, and with four failed attempts by the Soviets to land on the moon, the US claimed to have 'won' the space race. After this point government investment in NASA decreased to just 3 billion US dollars in 1974. From 1972 onwards NASA's main focuses have included the Space Shuttle Program, the ISS, and space exploration, among many others. While investment has gradually grown until today, the government has never invested money in space exploration in the same way it did during the space race. In 2019, fifty years after Apollo 11 landed on the moon, NASA's budget is 21.5 billion US dollars.

Germany recorded a Government Budget deficit equal to 2.80 percent of the country's Gross Domestic Product in 2024. This dataset provides the latest reported value for - Germany Government Budget - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

2023 saw the largest expenditures on Medicaid in U.S. history. At that time about 894 billion U.S. dollars were expended on the Medicaid public health insurance program that aims to provide affordable health care options to low income residents and people with disabilities. Medicaid was signed into law in 1965. By 1975 around 13 billion U.S. dollars were spent on the program. Groups covered by Medicaid There are several components of the Medicaid health insurance program. The Children’s Health Insurance Program (CHIP) was started in 1997 to provide health coverage to families and children that could not afford care. As of 2021, children represented the largest distribution of Medicaid enrollees. Despite having the largest proportion of enrollees, those that were enrolled in Medicaid as children had the lowest spending per enrollee. As of 2021, disabled Medicaid enrollees had the highest spending per enrollee. Medicaid expenditures Currently, Medicaid accounts for 19 percent of all health care expenditure in the United States. Expenditures on Medicaid programs vary among the U.S. states and depend heavily on whether Medicaid expansion was accepted after the Affordable Care Act was enacted. California and New York are the top states with the highest Medicaid expenditures. It is projected that Medicaid expenditure will continue to increase at both the state and federal levels.