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United States Budget FY2006 vs FY2005

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” FY2006 vs FY2005

Total Outlays

FY2006

$2.66 trillion

FY2005

$2.47 trillion

FY2006 is 7.4% higher
Total Receipts

FY2006

$2.41 trillion

FY2005

$2.15 trillion

FY2006 is 11.8% higher
Deficit

FY2006

$248.2 billion

FY2005

$318.3 billion

FY2006 is 22.0% lower
Deficit (% GDP)

FY2006

1.8%

FY2005

2.5%

FY2006 is 28.0% lower
Net Interest

FY2006

$226.6 billion

FY2005

$184.0 billion

FY2006 is 23.2% higher
Debt Held by Public

FY2006

$4.83 trillion

FY2005

$4.59 trillion

FY2006 is 5.2% higher

Receipts & Expenditure Comparison

ParticularsFY2006FY2005Difference
Total Receipts$2.41 trillion$2.15 trillion+11.8%
Total Outlays$2.66 trillion$2.47 trillion+7.4%
Deficit$248.2 billion$318.3 billion-22.0%
Net Interest$226.6 billion$184.0 billion+23.2%
Debt Held by the Public$4.83 trillion$4.59 trillion+5.2%
Nominal GDP$13.64 trillion$12.84 trillion+6.2%
Deficit (% of GDP)1.8%2.5%โ€”
Debt-to-GDP Ratio35.4%35.8%โ€”

FY2006 โ€” Revenue Composition

FY2005 โ€” Revenue Composition

Category-wise Allocation โ€” FY2006 vs FY2005

CategoryFY2006FY2005Difference
1. Social Security
$548.5 billion
$523.3 billion
+4.8%
2. National Defense
$521.8 billion
$495.3 billion
+5.4%
3. All Other
$425.7 billion
$373.3 billion
+14.0%
4. Income Security
$352.5 billion
$345.8 billion
+1.9%
5. Medicare
$329.9 billion
$298.6 billion
+10.5%
6. Net Interest
$226.6 billion
$184.0 billion
+23.2%
7. Medicaid
$180.6 billion
$181.7 billion
-0.6%
8. Veterans Benefits
$69.8 billion
$70.2 billion
-0.6%

Compare Another Fiscal Year

Understanding This Comparison

Federal figures are compared on outlays and receipts as reported by the Treasury and the Congressional Budget Office. The deficit is the gap between them; net interest is the cost of servicing past borrowing, and it buys no current services.

The federal fiscal year runs October to September and is named for the year it ends in, so FY2026 covers October 2025 through September 2026.

Definitions for every term used here are in the US budget glossary. To compare across countries, see India budget comparisons.

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