U.S. budget outlays FY 2023, by type

Published by Statista Research Department, Nov 18, 2024

For the fiscal year of 2023, the U.S. government spend around 1.3 trillion U.S. dollars on Social Security. Social Security in the United States provides funding for retirement, disability, and veteran benefits. An additional 659 billion dollars was spent on the interest on the national debt. Total outlays for the U.S. government reached 6.12 trillion U.S. dollars in 2023.

Budgetary outlays of the United States government in the fiscal year of 2023, by spending type (in billion U.S. dollars)

CharacteristicMandatoryDiscretionary
Social Security 1,348 -
Nondefense - 917
Defense - 805
Medicare, net of offsetting receipts 832 -
Medicaid, CHIP, and marketplace subsidies 724 -
Net interest - 659
Showing entries 1 to 6 (6 entries in total)
Created with Highcharts 7.2.2Outlays in billion U.S. dollars1,3481,348832832724724917917805805659659MandatoryDiscretionarySocial SecurityNondefenseDefenseMedicare, net of offsettingreceiptsMedicaid, CHIP, and marketplacesubsidiesNet interest
02505007501,0001,2501,500

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Release date

April 2024

Region

United States

Survey time period

Fiscal year 2023

Supplementary notes

In 2022, the U.S. fiscal year began October 1, 2021 and ended September 30, 2022.
CHIP stands for Children's Health Insurance Program.
The difference between mandatory and discretionary spending relates to whether spending is dictated by prior law or voted on in annual appropriations processes.

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