United States - Government Expenditures

United States: Government Expenditures

Mnemonic	GVEXT.IUSA
Unit	Mil. USD, NSA
Adjustments	Not Seasonally Adjusted
	Monthly	7.92 %
Data	Feb 2023	524,548
	Jan 2023	486,072

Series Information

Source	U.S. Department of the Treasury
Release	Monthly Treasury Statement (MTS)
Frequency	Monthly
Start Date	1/31/1954
End Date	2/28/2023

United States: Government

	Reference	Last	Previous	Units	Frequency
Government Budget Balance	Feb 2023	-262,434	-38,784	Mil. USD, NSA	Monthly
Government Expenditures	Feb 2023	524,548	486,072	Mil. USD, NSA	Monthly
Government Revenues	Feb 2023	262,114	447,288	Mil. USD, NSA	Monthly
Outstanding Public Debt	Feb 2023	31,459,291	31,454,982	Mil. USD	Monthly
Gross External Debt	2022 Q3	8,206,865	8,094,902	Mil. USD, NSA	Quarterly

Release Information

Description

Measures of government budgets represent spending and revenue for all levels of government. Spending and revenues are based, in part, on legislation, which appropriates funds to be spent, and on tax laws specifying what is to be taxed and at what rate. The budget is in balance when spending equals revenue, in deficit when spending exceeds revenue and in surplus when revenue exceeds spending.

Methodology

There are two measures of budgets. The official budget represents the legally recognized spending, revenues, and surplus or deficit that are used by governments in establishing actual figures. The statistical budget is consistent with the definitions in the National Income and Product Accounts (NIPA), which conform to the components of GDP.

Notes

The statistical budgets in the NIPA for the federal government are seasonally adjusted, whereas the monthly figures on the official federal budget are not seasonally adjusted.

The Monthly Treasury Statement (MTS) contains two different totals in each tabulation; the latter excludes interfund transactions.