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Federal Budget Comparison
between FY26 budget and FY27 budget

Comparison of: Total Direct Revenue
in $ billion nom
YearFY26
Budget
FY27
Budget
Difference
2026$5,872.74$5,872.740.00
2027$6,186.24$6,186.240.00
2028$6,509.62$6,509.620.00
2029$6,829.92$6,829.920.00
2030$0.00$0.000.00

Notes

Data Sources: Federal Revenue from Budget of the United States Government.

For a discussion of the sources of the government revenue data used here read How We Got the Data for usgovernmentspending.com.

Budget Updates: The president’s budget is typically published each year in February.

Suggested Video: Taxes 101

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Revenue Data Sources

Revenue data is from official government sources.

Gross Domestic Product data comes from US Bureau of Economic Analysis and measuringworth.com.

Detailed table of revenue data sources here.

Federal revenue data begins in 1792.

State and local revenue data begins in 1820.

State and local revenue data for individual states begins in 1957.

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Data Sources for 2008:

GDP, GO: GDP, GO Sources
Federal: Fed. Budget: Hist. Tables 3.2, 5.1, 7.1
State and Local: State and Local Gov. Finances

> data sources for other years
> data update schedule.

Blog

State and Local Finances for 2024 -- First Look

On July 2, 2026 we updated the state and local spending and revenue for FY 2024 using the new Census Bureau State and Local Government Finances "first look"summaries for FY 2024 released in April 2026.  (See also Annual Survey of State and Local Government Finances). The release includes state and local spending for the United States as a whole. It does not include the 50 individual states and the District of Columbia.

State and local spending and revenue for FY2024 are now actual historical spending as reported by the Census Bureau.

We have updated the "guesstimated" state and local finances for FY2025-31 as indicated in our "guesstimate" blog entries.

Beginning in 2021, the Census Bureau stopped splitting "Public welfare" into three parts:

  • Cash assistance payments
  • Vendor payments
  • Other public welfare
This is a problem for usgovernmentspending.com, because most of "Vendor payments" are for health care and are just pass-through grants from the federal government. So, for the time being, we are splitting "Public welfare" into  the proportions that obtained in 2021.

Medicare/Social Security 2026 Trustees Report Released
On June 16, 2026, the Center for Medicare Services released its annual ...

CBO Long Term Budget Outlook for 2026
On February 25, 2026 the Congressional Budget Office released its annual Long Term Budget Outlook for 2026, which projects ...

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