Treasury — FY2019 spending
In fiscal year 2019, Treasury paid out $685B — 15.4% of the federal government’s $4.45T in total outlays — and obligated $1.08T.
That is $2,089/person and 3.2% of GDP.
Federal accounts
The 24 largest federal accounts under Treasury in FY2019. 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) | $573B | $573B | 83.6% |
| Refunding Internal Revenue Collections (Indefinite) | $298B | $298B | 43.6% |
| Payment Where Earned Income Credit Exceeds Liability for Tax | $59B | $59B | 8.6% |
| Refundable Premium Assistance Tax Credit | $58B | $59B | 8.5% |
| Payment Where Child Tax Credit Exceeds Liability for Tax | $29B | $29B | 4.2% |
| Payment Where Certain Tax Credits Exceeds Liability for Corporate Tax | $8.2B | $8.2B | 1.2% |
| Credit Reform: Interest Paid on Uninvested Funds (Indefinite) | $7.1B | $7.1B | 1.0% |
| Enforcement, Internal Revenue Service | $4.6B | $4.7B | 0.7% |
| Operations Support | $4.4B | $4.4B | 0.6% |
| Build America Bond Payments - Recovery Act | $3.4B | $3.4B | 0.5% |
| Payment Where American Opportunity Credit Exceeds Liability for Tax - Recovery Act | $2.9B | $2.9B | 0.4% |
| Taxpayer Services | $2.6B | $2.7B | 0.4% |
| Payment to the Resolution Funding Corporation | $2.6B | $2.6B | 0.4% |
| Federal Financing Bank Revolving Fund | $2.1B | $2.1B | 0.3% |
| Refunding Internal Revenue Collections, Interest (Indefinite) | $2.0B | $2.0B | 0.3% |
| Restitution of Forgone Interest | $1.7B | $2.4B | 0.2% |
| United States Mint Public Enterprise Fund | $1.5B | $1.6B | 0.2% |
| Troubled Asset Relief Program, Housing Programs | $1.5B | $0.0B | 0.2% |
| Contribution to the International Development Association | $1.1B | $1.1B | 0.2% |
| Treasury Forfeiture Fund | $1.1B | $1.0B | 0.2% |
| Assessment Funds | $1.0B | $1.1B | 0.2% |
| Financial Agent Services | $0.8B | $0.8B | 0.1% |
| Judgements, Court of Claims (Indefinite) | $0.8B | $0.7B | 0.1% |
| District of Columbia Federal Pension Fund | $0.8B | $0.8B | 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.