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U.S. Federal Budget

Understand the U.S. Federal Budgets from FY 2006 through the most current year. Highlights of each year's revenue and spending. Read explanations of Mandatory spending, including Social Security and Medicare spending. Find out about the largest single spending category, defense spending, as well as other departments in the Discretionary budget.

Current Budget Breakdown

Review this breakdown of the current U.S. federal budget. Find out what taxes support federal revenue. See the highlights of the mandatory budget, including Social Security and Medicare, and the Discretionary budget, including defense spending.

Current Budget Taxes and Income

Find out how the U.S. Government plans for and receives income for the most current federal budget. Understand which taxes supply the most revenue.

Current Budget Spending Highlights

What are your tax dollars used for? Find out how much of the budget goes to Social Security, Defense and other programs, and how that will change in the near future.

Current Mandatory Spending

Mandatory spending programs include Social Security, Medicare and Medicaid programs. Together, they make up most of the Federal budget. They are mandated by Federal law, and literally takes an act of Congress to change them

Current Discretionary Spending

A summary of the Budget for discretionary spending programs, including Defense, Education, Housing and Urban Development, State Department, Health and Human Services and NASA. How they affect the U.S. economy.

Current Military Spending

Did you know the US Military Budget is one of the largest expenditures in the Federal Budget? Find out how it affects you and the U.S. economy.

The Facts About the War on Terror Costs

Find out true facts about the War on Terror costs from FY 2001 until the present. The true costs of the War on Terror is hard to find, because it's been buried in supplemental budgets.

How Much Should U.S. Spend on National Security?

America should maintain national security, but what is the right level of funding? Share your opinion -- How much should the U.S. spend on defense?

Current Budget Deficit

The Federal budget deficit reached a peak in FY 2009, when it hit $1.4 trillion. Find out what you need to know about the U.S. budget deficit now, and compare it to historical deficits.

Obama State of the Union 2012 Address

President Obama's State of the Union Address outlined his goals for the FY 2013 Federal budget.

FY 2012 Federal Budget

Up to date spending and budget for U.S. Federal Government for FY 2012. Summary of income, spending and deficit. Highlights of discretionary and military spending, as well as mandatory spending such as Social Security, Medicare and Medicaid.

2011 Obama State of the Union Address

Obama's State of the Union Address 2011 was a good summary of his FY 2012 budget.

FY 2011 Federal Budget

Find out what was in the Fiscal Year 2011 Federal Budget.

Paul Ryan's Road Map

An easy-to-understand summary of Paul Ryan's Road Map for the Federal budget.

FY 2010 Federal Budget

What was in the Fiscal Year 2010 Federal Budget?

FY 2009 Federal Budget

What was spent in Fiscal Year 2009.

Economic Report of the President FY 2009

The Economic Report of the President provided background on the economy to support the FY 2008 budget.

Fiscal Year 2008 Federal Budget

An easy-to-understand primer on the U.S. Federal Budget for FY 2008. How the President’s Budget proposal would impact the U.S. economy.

FY 2007 Federal Budget

Highlights of the Fiscal Year 2007 Federal Budget.

FY 2006 Federal Budget

The Fiscal Year 2006 Federal Budget predicted that the budget would be balanced by 2012. Unfortunately, they did not see the Financial Crisis of 2008 coming.

How Much Does NASA Cost

How much does NASA cost? Understand the impact of the NASA budget on the U.S. economy.

Federal Budget Process and Who's Who

A quick description of the U.S. budget process, and who is involved in developing and managing the budget.

Fiscal Year

A definition of the Fiscal Year, when the Federal fiscal year starts and ends, and why.

Lame Duck Session of Congress

Congress has a lame duck session after the November elections but before the newly elected Congress leaders take office in January. What impact does the lame duck session of Congress have on the fiscal policy and the economy?

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