Treasury — FY2025 spending
In fiscal year 2025, Treasury paid out $1.45T — 20.7% of the federal government’s $7.01T in total outlays — and obligated $1.95T.
That is $4,267/person and 4.9% of GDP.
Federal accounts
The 24 largest federal accounts under Treasury in FY2025. 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) | $1.22T | $1.22T | 83.8% |
| Refunding Internal Revenue Collections (Indefinite) | $369B | $369B | 25.4% |
| Refundable Premium Assistance Tax Credit | $152B | $151B | 10.5% |
| Payment Where Earned Income Credit Exceeds Liability for Tax | $66B | $66B | 4.5% |
| Payment Where Child Tax Credit Exceeds Liability for Tax | $27B | $27B | 1.8% |
| U.S. Coronavirus Refundable Credits | $19B | $19B | 1.3% |
| Refunding Internal Revenue Collections, Interest (Indefinite) | $17B | $17B | 1.2% |
| Credit Reform: Interest Paid on Uninvested Funds (Indefinite) | $12B | $12B | 0.9% |
| Enforcement, Internal Revenue Service | $7.1B | $7.2B | 0.5% |
| Operations Support | $6.5B | $6.6B | 0.5% |
| Federal Financing Bank Revolving Fund | $6.3B | $6.3B | 0.4% |
| Taxpayer Services | $4.4B | $4.4B | 0.3% |
| Restitution of Forgone Interest | $4.4B | $5.0B | 0.3% |
| United States Mint Public Enterprise Fund | $3.3B | $3.3B | 0.2% |
| Clean Vehicle Credit | $2.7B | $2.9B | 0.2% |
| Elective Payment for Energy Property and Electricity Produced from Certain Renewable Resources, Etc. | $2.6B | $2.6B | 0.2% |
| Payment Where American Opportunity Credit Exceeds Liability for Tax - Recovery Act | $2.5B | $2.5B | 0.2% |
| Judgements, Court of Claims (Indefinite) | $2.4B | $2.4B | 0.2% |
| Advanced Manufacturing Investment Credit | $2.2B | $2.2B | 0.2% |
| State Small Business Credit Initiative | $2.0B | $0.1B | 0.1% |
| Treasury Franchise Fund | $1.9B | $1.8B | 0.1% |
| Build America Bond Payments - Recovery Act | $1.7B | $1.7B | 0.1% |
| Financial Agent Services | $1.6B | $1.7B | 0.1% |
| Exchange Stabilization Fund | $0.0B | $6.5B | 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.