Outlay Category | Last Month (July 2024) |
Last 12 Months | FY2023 | FY2022 |
Medicare |
$92.24 billion (16.1%) |
$911.84 billion (14.2%) |
$847.54 billion (13.8%) |
$755.09 billion (12.3%) |
Medicaid |
$46.7 billion (8.1%) |
$603.86 billion (9.4%) |
$615.77 billion (10.0%) |
$591.95 billion (9.4%) |
Social Security |
$123.24 billion (21.5%) |
$1444.6 billion (22.5%) |
$1354.32 billion (22.1%) |
$1218.67 billion (19.4%) |
Defense |
$66.65 billion (11.6%) |
$822.03 billion (12.8%) |
$775.87 billion (12.6%) |
$726.57 billion (11.6%) |
Income Security and Veterans Benefits |
$87.42 billion (15.2%) |
$1007.72 billion (15.7%) |
$1139.86 billion (18.2%) |
$1883.12 billion (27.6%) |
Net Interest |
$80.81 billion (14.1%) |
$861.12 billion (13.4%) |
$659.18 billion (10.7%) |
$475.12 billion (7.6%) |
Foreign Aid |
$7.54 billion (1.3%) |
$52.29 billion (0.8%) |
$54.66 billion (0.9%) |
$55.52 billion (0.9%) |
All Other Outlays |
$69.52 billion (12.1%) |
$725.37 billion (11.3%) |
$750.79 billion (12.2%) |
$69.52 billion (1.1%) |
Receipt Category | Last Month (July 2024) |
Last 12 Months | FY2023 | FY2022 |
Individual Income Tax |
$153.61 billion (46.5%) |
$2390.65 billion (49.4%) |
$2176.48 billion (49.0%) |
$2632.15 billion (53.8%) |
Social Security and Medicare Tax |
$127.78 billion (38.7%) |
$1688.17 billion (34.9%) |
$1614.45 billion (36.4%) |
$1483.53 billion (30.3%) |
Corporate Taxes |
$19.83 billion (6.0%) |
$511.94 billion (10.6%) |
$419.58 billion (9.5%) |
$424.87 billion (8.7%) |
Other Taxes |
$29.16 billion (8.8%) |
$244.43 billion (5.1%) |
$228.84 billion (5.2%) |
$355.66 billion (7.3%) |