Wednesday, May 24, 2017

Final Federal Budget for FY18 Released

On May 23, 2017, we updated usgovernmentspending.com with the numbers from the historical tables in the Budget of the United States Government for Fiscal Year 2018. Actual revenue for FY 2016 and estimated revenue through FY 2022 come from Historical Tables 2.1, 2.4, and 2.5. Actual spending for FY 2016 and estimated spending at the subfunction level through FY 2022 come 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 2018 fiscal year have changed since the release of the FY 2017 budget a year ago in 2016.

FY 2018 Federal Budget Changes Since 2016
$ billionEstimate in
FY17 Budget
Estimate in
FY18 Budget
Change
Federal Outlays$4,352.2$4,094.5-$257.7
Federal Receipts$3,898.6$3,654.3-$244.3
Federal Deficit$453.6$440.2-$13.4

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 2022 come from the Outlays table in the Public Budget Database and were updated on usgovernmentspending.com on May 23, 2017.

Account level budget authority estimates through FY 2022 come from the Budget Authority table in the Public Budget Database and were updated on usgovernmentspending.com on May 23, 2017.

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