Government Spending and Income
2019 Federal Government Spending
Budget Category | $Billions | % of Outlays |
---|---|---|
Defense
|
688
|
16
|
Education
|
135
|
3
|
Interest
|
376
|
8
|
Foreign Aid
|
53
|
1
|
Social Security
|
1044
|
24
|
Income Security
|
515
|
12
|
Health
|
1236
|
28
|
Environment
|
36
|
1
|
Other
|
315
|
7
|
Total
|
4,447
|
100%
|
2019 Federal Government Income
Income Category | $Billions | % of Outlays |
---|---|---|
Individual Income Taxes
|
1,718
|
39
|
Social Insurance Taxes
|
1,243
|
28
|
Corporate Income Taxes
|
230
|
5
|
Other Taxes
|
271
|
6
|
Total Tax Revenue
|
3,462
|
78
|
Deficit
|
984
|
22
|
Source: Final Monthly Treasury Statement, September 2019
Last updated: March 1, 2025