Government Expenditures and Receipts Notes

The Bureau of Economic Analysis (BEA) numbers are incomplete for the second quarters so these numbers are through 2023 Q1.

Expenditures are $6.443 trillion while receipts total only $4.779 trillion. That's a gap of $1.664 trillion.

Transfer payments include Social Security, Medicare, Medicaid, and Food Stamps. The latter is now called Supplemental Nutrition Assistance Program (SNAP).

Mandatory government spending includes Social Security, Medicare, and Interest on the national debt. Interest at $929 billion now nearly equals defense spending at $959 billion. The latter is understated because it does not include homeland security and other expenses that are really defense related.