$980.0B
Budget Authority
$970.0B
Outlays
$4.92T
Receipts
14.1%
Of Total Budget
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Summary
Treasury manages the federal government's finances — collecting over $4.9 trillion in annual revenue (primarily through the IRS), managing the national debt, and making interest payments to bondholders. Net interest on the debt has become one of the government's largest expenditures, now exceeding the entire defense budget. Treasury also enforces economic sanctions, combats financial crimes through FinCEN, produces currency through the Bureau of Engraving and Printing, and mints coins through the U.S. Mint.
Share of Federal Budget
Department of the Treasury14.1% of $6.87T
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