Treasury — FY2024 spending
In fiscal year 2024, Treasury paid out $1.32T — 19.5% of the federal government’s $6.75T in total outlays — and obligated $1.77T.
That is $3,908/person and 4.6% of GDP.
Federal accounts
The 24 largest federal accounts under Treasury in FY2024. 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) | $1.13T | $1.13T | 86.0% |
| Refunding Internal Revenue Collections (Indefinite) | $334B | $334B | 25.4% |
| Refundable Premium Assistance Tax Credit | $129B | $135B | 9.8% |
| Payment Where Earned Income Credit Exceeds Liability for Tax | $60B | $60B | 4.6% |
| Payment Where Child Tax Credit Exceeds Liability for Tax | $26B | $26B | 2.0% |
| Credit Reform: Interest Paid on Uninvested Funds (Indefinite) | $10B | $10B | 0.8% |
| Enforcement, Internal Revenue Service | $6.6B | $6.5B | 0.5% |
| Operations Support | $6.3B | $6.3B | 0.5% |
| Refunding Internal Revenue Collections, Interest (Indefinite) | $5.3B | $5.3B | 0.4% |
| Taxpayer Services | $4.2B | $4.1B | 0.3% |
| Federal Financing Bank Revolving Fund | $4.1B | $4.1B | 0.3% |
| United States Mint Public Enterprise Fund | $3.3B | $3.2B | 0.2% |
| Payment Where American Opportunity Credit Exceeds Liability for Tax - Recovery Act | $2.5B | $2.5B | 0.2% |
| Build America Bond Payments - Recovery Act | $2.1B | $2.1B | 0.2% |
| Clean Vehicle Credit | $1.9B | $1.9B | 0.1% |
| Contribution to the International Development Association | $1.6B | $1.6B | 0.1% |
| Treasury Franchise Fund | $1.3B | $1.5B | 0.1% |
| Financial Agent Services | $1.3B | $1.4B | 0.1% |
| Assessment Funds | $1.3B | $1.3B | 0.1% |
| U.S. Coronavirus Refundable Credits | $1.2B | $1.2B | 0.1% |
| Business Systems Modernization | $1.1B | $1.3B | 0.1% |
| Bureau of Engraving and Printing Fund | $1.0B | $2.8B | 0.1% |
| District of Columbia Federal Pension Fund | $1.0B | $1.0B | 0.1% |
| Exchange Stabilization Fund | $0.0B | $9.7B | 0.0% |
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.