Federal
Budget
America's finances, made clear. National debt, revenue, spending, and deficit data visualized and explained in plain language. Non-partisan, data-driven, updated daily from U.S. Treasury sources.
U.S. National Debt
$36,217,456,789,012
As of 2026-02-20 — Treasury Fiscal Data
Key Figures — FY2026
$4.92T
Total Revenue
$6.87T
Total Spending
$1.95T
Annual Deficit
123.4%
Debt-to-GDP
Explore
What the Numbers Mean
$107,842
Debt Per Person
If the national debt were divided equally among every American, each person would owe over $107,842.
$952.0B
Annual Interest
The government pays $952.0B per year just in interest on the debt — more than the entire defense budget.
71.4%
Mandatory Spending
Over 71% of the budget is “mandatory” — programs like Social Security and Medicare set by existing law, not annual votes.
Largest Agencies by Spending
View all →Department of Health and Human Services
$1.79T
Outlays
26.1%
Of Budget
Social Security Administration
$1.52T
Outlays
22.1%
Of Budget
Department of the Treasury
$970.0B
Outlays
14.1%
Of Budget
Department of Defense
$860.0B
Outlays
12.9%
Of Budget
Department of Veterans Affairs
$325.0B
Outlays
4.7%
Of Budget
Department of Agriculture
$235.0B
Outlays
3.4%
Of Budget
Understand the Federal Budget
Debt vs. Deficit: What's the Difference?
The national debt and the deficit are related but different. The deficit is the annual shortfall, while the debt is the total accumulated amount owed.
How the Federal Budget Works
The federal budget is a plan for government spending and revenue. Here's how it's created, debated, and enacted each year.
Understanding the National Debt
What is the national debt, who holds it, and why does it matter? A plain-language guide to America's $36+ trillion obligation.