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US Federal Outlays FY2006

US federal outlays for fiscal year 2006 was $2.66 trillion, up 7.4% from FY2005.

Outlays are the total payments the federal government actually makes in a fiscal year, across mandatory programs, discretionary appropriations, and interest.

FY2006

$2.66 trillion

FY2005

$2.47 trillion

Year on year

+7.4%

Peak on record

$7.45 trillion

FY2026

Federal Outlays Over Time

FY2000โ€“FY2026

Why Federal Outlays Matters

Outlays are dominated by mandatory spending โ€” Social Security, Medicare and Medicaid โ€” plus net interest. That mix means the total is driven far more by demographics and interest rates than by the annual appropriations Congress votes on.

Federal Outlays by Fiscal Year

Other Metrics for FY2006