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Treasury — FY2021 spending

In fiscal year 2021, Treasury paid out $1.63T — 24.0% of the federal government’s $6.82T in total outlays — and obligated $2.19T.

That is $4,921/person and 7.2% of GDP.

Federal accounts

The 24 largest federal accounts under Treasury in FY2021. Hover an account name for its full official title. Shares are of this agency’s outlays, not of the federal total.

Treasury FY2021 outlays and obligations by federal account
Federal accountOutlaysObligationsShare of agency outlays
U.S. Coronavirus Payments$570B$570B34.9%
Interest on the Public Debt (Indefinite)$562B$562B34.4%
Refunding Internal Revenue Collections (Indefinite)$335B$335B20.5%
Coronavirus Relief Fund$243B$243B14.9%
Payment Where Child Tax Credit Exceeds Liability for Tax$79B$79B4.8%
Refundable Premium Assistance Tax Credit$68B$69B4.2%
Payment Where Earned Income Credit Exceeds Liability for Tax$61B$61B3.7%
Emergency Rental Assistance$33B$33B2.0%
Pandemic Relief for Aviation Workers$30B$30B1.9%
Credit Reform: Interest Paid on Uninvested Funds (Indefinite)$13B$13B0.8%
U.S. Coronavirus Refundable Credits$10B$10B0.6%
Payment Where Certain Tax Credits Exceeds Liability for Corporate Tax$9.2B$9.2B0.6%
Judgements, Court of Claims (Indefinite)$7.2B$7.4B0.4%
Enforcement, Internal Revenue Service$5.0B$5.1B0.3%
Operations Support$4.9B$5.2B0.3%
United States Mint Public Enterprise Fund$4.8B$5.0B0.3%
Payment Where American Opportunity Credit Exceeds Liability for Tax - Recovery Act$4.0B$4.0B0.2%
Taxpayer Services$3.3B$3.3B0.2%
Refunding Internal Revenue Collections, Interest (Indefinite)$3.0B$3.0B0.2%
Build America Bond Payments - Recovery Act$3.0B$3.0B0.2%
Federal Financing Bank Revolving Fund$2.0B$2.0B0.1%
Payment to the Resolution Funding Corporation$1.4B$1.4B0.1%
Transportation Services Economic Relief$1.3B$1.3B0.1%
Exchange Stabilization Fund$0.0B$114B0.0%

Notes

Program-activity and object-class detail below these accounts is available in the interactive explorer and as JSON.