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We track how federal money is spent in communities across America and beyond. Learn more about government spending through interactive tools that explore elements of the federal budget, such as federal loan, grant, and contract data. Explore federal spending by category or agency and learn how much the United States government spends each year.
Understanding the Context
Consumer spending, or personal consumption expenditures (PCE), is the value of the goods and services purchased by, or on the behalf of, U.S. residents. At the national level, BEA publishes annual, quarterly, and monthly estimates of consumer spending. SPENDING definition: 1.
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the money that is used for a particular purpose, especially by a government or organization: 2…. Learn more. Definition of spending noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more. The federal government allocates funds across a wide range of programs and services.
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About 18.3% was spent on defense, and another 17.3% went to state and local governments. Other spending categories include debt interest payments and benefit programs such as SNAP. 1. An amount of money spent on something: doubled the spend on computers. 2. The spending of money; expenditure: the management of spend.
President Trump's new budget proposal asks Congress for $1.5 trillion in defense spending — a 42% increase — while cutting nondefense spending by $73 billion, or 10%.