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THE RECORDBETA

Bills, votes, hearings & committee reports — recorded and explained.

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The Federal Budget
OverviewActual SpendingOutlookYour Taxes

Understanding the Federal Budget

How the U.S. government collects revenue, allocates spending, and how it affects you.

FY2025 Spending
$7.01T
FY2025 Revenue
$5.23T
Deficit
$1.78T
Actual (U.S. Treasury)
Actual Spending & Revenue

FY2016–2025 data from the U.S. Treasury. See where every dollar went.

Explore actuals →
Projected (CBO)
Budget Outlook

Forward-looking projections from the Congressional Budget Office. Coming soon.

View outlook →
Your Tax Dollars

See how your taxes are allocated across federal spending categories.

Calculate your share →