Federal Budget for FY16 Released

On February 2, 2015, we updated usgovernmentspending.com with the numbers from the historical tables in the Budget of the United States Government for Fiscal Year 2016. Actual revenue for FY 2014 and estimated revenue through FY 2020 come from Historical Tables 2.1, 2.4, and 2.5. Actual spending for FY 2014 and estimated spending at the subfunction level through FY 2020 comes from Table 3.2. Budget Authority estimates come from Table 5.1, federal debt estimates come from Table 7.1 and GDP estimates come from Table 10.1. Intergovernmental transfers come from Table 12.3.

Here is how headline budget estimates for the upcoming FY 2016 fiscal year have changed since the release of the FY 2015 budget a year ago in 2014.

FY 2016 Federal Budget Changes Since 2014

$ billion	FY15 Estimate	FY16 Estimate	Change
Federal Outlays	$4,099.1	$3,999.5	-$99.6
Federal Receipts	$3,568.0	$3,525.2	-$42.8
Federal Deficit	$531.1	$474.3	-$56.8

You can see line item changes from budget to budget here. You can compare budget estimates with actuals here.

Account level spending estimates through FY 2020 come from the Outlays table in the Public Budget Database and were updated on usgovernmentspending.com on February 2, 2015.

Account level budget authority estimates through FY 2020 come from the Budget Authority table in the Public Budget Database and were updated on usgovernmentspending.com on February 2, 2015.