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As posted on the website of the House Committee on Rules on
March 4, 2024
View CBO’s budget infographics to see how much the federal government spent and took in during fiscal year 2023, as well as broader trends in the budget over the past few decades.
Discretionary outlays by the federal government totaled $1.7 trillion in 2023. Outlays for nondefense programs accounted for more than half of that total.
As ordered reported by the House Committee on Energy and Commerce on December 5, 2023
Mandatory outlays by the federal government totaled $3.8 trillion in 2023; more than half was for Social Security and Medicare. The largest increases over the past 20 years have been for the major health care programs.
Revenues received by the federal government in 2023 totaled $4.4 trillion, of which half was receipts from individual income taxes.
The federal deficit in 2023 was $1.7 trillion, equal to 6.3 percent of gross domestic product.
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