Department of the Treasury
Obligations in fiscal year 2026, reporting period 11 of 12, through August 31, 2026:
An obligation is money the agency commits to pay: a signed contract, a grant award, a benefit payment. The figure in full is copied from the official record. The rounded reading beside it is ours.
Year by year
Budgetary resources are the Treasury's figure for the money available to the agency in the year, new and carried over from earlier years. Obligations are money the agency commits to pay. Outlays are money paid out. Fiscal year 2026 figures run through August 31, 2026.
| Fiscal year | Budgetary resources | Obligations | Outlays | Through |
|---|---|---|---|---|
| 2026 | $3,982,061,714,337.72 | $1,979,847,631,401.85 | $1,974,592,714,924.28 | August 31, 2026 (period 11 of 12) |
| 2025 | $2,378,074,445,400.83 | $1,953,689,394,142.66 | $1,951,762,873,839.55 | September 30, 2025 |
| 2024 | $2,203,032,212,292.41 | $1,773,034,280,269.05 | $1,755,765,641,617.74 | September 30, 2024 |
| 2023 | $2,093,128,575,426.11 | $1,644,766,940,269.75 | $1,635,735,469,774.87 | September 30, 2023 |
| 2022 | $1,909,755,035,874.35 | $1,451,623,206,993.42 | $1,558,625,263,575.59 | September 30, 2022 |
| 2021 | $2,730,223,492,637.85 | $2,188,984,081,298.11 | $2,073,088,903,471.85 | September 30, 2021 |
| 2020 | $2,389,439,524,606.83 | $1,566,561,954,994.18 | $1,542,776,583,386.55 | September 30, 2020 |
| 2019 | $1,444,608,434,549.93 | $1,078,327,377,672.54 | $1,077,714,091,428.45 | September 30, 2019 |
| 2018 | $1,405,347,328,731.59 | $1,041,301,338,675.78 | $1,040,990,349,461.26 | September 30, 2018 |
| 2017 | $1,311,923,245,157.46 | $945,941,843,810.26 | $949,768,285,246.56 | September 30, 2017 |
Awards by type
Awards are contracts, grants, loans and direct payments. The Treasury gives award obligations and total obligations in two separate reports. It gives contracts and standing contracts as two figures. Fiscal year 2026, through August 31, 2026.
| Award type | Obligations |
|---|---|
| Contracts | $6,971,950,401.95 |
| Direct payments | $33,393,024.06 |
| Grants | $399,939,013.43 |
| Standing contracts that the agency places orders against (indefinite delivery vehicles, IDVs) | $1,193,540.17 |
| Loans | $221,273.00 |
| Other | $0.00 |
| Award obligations, the Treasury's total | $7,406,697,252.61 |
| Total obligations, from the Treasury's yearly figures | $1,979,847,631,401.85 |
Sub-agencies
The offices and bureaus inside this agency. All 9 sub-agencies, by obligations.
| Sub-agency | Obligations | Transactions | New awards |
|---|---|---|---|
| Internal Revenue Service IRS | $2,859,506,714.89 | 7,451 | 1,388 |
| United States Mint USMINT | $2,594,075,895.46 | 2,081 | 987 |
| Bureau of Engraving and Printing BEP | $548,980,892.21 | 1,581 | 599 |
| Bureau of the Fiscal Service | $426,624,140.42 | 2,790 | 341 |
| Departmental Offices DO | $404,578,337.74 | 3,709 | 1,847 |
| Community Development Financial Institutions Fund | $280,271,584.23 | 598 | 541 |
| Office of the Comptroller of the Currency OCC | $147,787,867.75 | 663 | 113 |
| Treasury Common Services Center TCSC | $134,761,053.54 | 156 | 146 |
| Office of Inspector General OIG | $10,110,766.37 | 57 | 6 |
Federal accounts
A federal account is one line of the agency's books at the Treasury. Top 10 of 116 federal accounts, by obligations.
| Federal account | Obligations | Outlays |
|---|---|---|
| Interest on the Public Debt (Indefinite), Bureau of the Fiscal Service, Treasury 020-0550 | $1,267,361,531,632.09 | $1,267,361,531,632.09 |
| Refunding Internal Revenue Collections (Indefinite), Treasury 020-0903 | $393,512,142,304.02 | $393,512,142,304.02 |
| Refundable Premium Assistance Tax Credit, Internal Revenue Service, Treasury 020-0949 | $134,777,151,607.15 | $136,539,717,172.12 |
| Payment Where Earned Income Credit Exceeds Liability for Tax, Internal Revenue Service, Treasury 020-0906 | $68,094,193,504.00 | $68,094,193,504.00 |
| Payment Where Child Tax Credit Exceeds Liability for Tax, Internal Revenue Service, Treasury 020-0922 | $28,432,506,332.58 | $28,432,506,332.58 |
| Credit Reform: Interest Paid on Uninvested Funds (Indefinite), Bureau of the Fiscal Service, Treasury 020-1880 | $11,323,284,443.69 | $0.00 |
| Refunding Internal Revenue Collections, Interest (Indefinite), Treasury 020-0904 | $9,471,414,783.07 | $9,471,414,783.07 |
| Elective Payment for Energy Property and Electricity Produced from Certain Renewable Resources, Etc., Internal Revenue Service, Treasury 020-0963 | $8,994,264,160.44 | $8,994,264,160.44 |
| Advanced Manufacturing Investment Credit, Internal Revenue Service, Treasury 020-0962 | $6,197,765,050.49 | $6,197,765,050.49 |
| Enforcement, Internal Revenue Service 020-0913 | $4,771,407,518.65 | $5,023,791,566.43 |
Budget functions
A budget function is the purpose the money serves. Top 10 of 12 budget functions, by obligations.
| Budget function | Obligations | Outlays |
|---|---|---|
| Net Interest | $1,289,111,939,994.36 | $1,278,220,225,308.42 |
| General Government | $422,642,931,417.01 | $424,907,046,945.90 |
| Health | $134,781,296,213.96 | $136,543,888,608.45 |
| Income Security | $104,109,180,218.23 | $104,111,603,037.47 |
| Energy | $9,194,971,976.30 | $9,489,465,023.30 |
| Commerce and Housing Credit | $8,007,006,504.88 | $9,346,627,249.76 |
| Administration of Justice | $6,828,661,534.55 | $6,588,083,363.80 |
| Education, Training, Employment, and Social Services | $3,387,835,771.59 | $3,361,130,959.09 |
| International Affairs | $1,566,254,979.06 | $1,582,029,422.67 |
| Community and Regional Development | $216,306,222.81 | $441,363,436.32 |
Object classes
An object class is the Treasury's name for a kind of spending: what the money buys, such as pay, rent or grants. Top 10 of 30 object classes, by obligations.
| Object class | Obligations | Outlays |
|---|---|---|
| Interest and dividends | $1,291,043,963,854.14 | $1,280,152,685,949.15 |
| Refunds | $393,953,990,163.38 | $393,973,105,744.59 |
| Grants, subsidies, and contributions | $140,958,912,297.13 | $146,357,450,863.22 |
| Insurance claims and indemnities | $128,235,440,503.82 | $128,269,400,654.59 |
| Full-time permanent (pay of full-time permanent employees) | $7,643,269,996.48 | $7,912,973,922.57 |
| Supplies and materials | $3,487,176,781.01 | $3,493,672,214.90 |
| Civilian personnel benefits | $3,322,290,667.81 | $3,364,501,257.25 |
| Other services from non-Federal sources | $3,101,889,755.36 | $2,948,092,285.23 |
| Advisory and assistance services | $1,939,993,467.15 | $2,302,778,697.74 |
| Other goods and services from Federal sources | $1,465,195,333.79 | $1,200,173,934.84 |
Emergency-fund laws
The Treasury tags some dollars with the law that provides them. These are the tags on this agency's record, worded as the Treasury words them.
| Tag | Law, as the Treasury names it | Title, as the Treasury gives it | On this site |
|---|---|---|---|
| 3 | Emergency P.L. 117-103 | Consolidated Appropriations Act, 2022 | Public Law 117-103 |
| 6 | Emergency P.L. 117-128 | Additional Ukraine Supplemental Appropriations Act, 2022 | Public Law 117-128 |
| N | Emergency P.L. 116-136 | Coronavirus Aid, Relief, and Economic Security Act or the CARES Act | Public Law 116-136 |
| O | Non-emergency P.L. 116-136Non-emergency P.L. 116-139Non-emergency P.L. 116-260Non-emergency P.L. 117-2 | Coronavirus Aid, Relief, and Economic Security Act or the CARES ActPaycheck Protection Program and Health Care Enhancement ActConsolidated Appropriations Act, 2021American Rescue Plan Act of 2021 | Public Law 116-136Public Law 116-139Public Law 116-260Public Law 117-2 |
| R | Emergency P.L. 116-260 | Consolidated Appropriations Act, 2021 | Public Law 116-260 |
| V | Non-emergency P.L. 117-2 | American Rescue Plan Act of 2021 | Public Law 117-2 |
Tag Q, “Not Designated Nonemergency/Emergency/Disaster/Wildfire Suppression”, is the Treasury's tag for dollars it does not mark as emergency, disaster or wildfire money under a named law.
7 tags.
Where this comes from
Source: USAspending.gov, U.S. Department of the Treasury. The dollar figures written in full on this page are copied from the saved official answers below.