Federal Budget for FY27 Released

On April 4, 2026, we updated usgovernmentspending.com with the numbers from the Public Budget Database in the Budget of the United States Government for Fiscal Year 2027. 

Here is how headline budget estimates for the upcoming FY 2027 fiscal year have changed since the release of the FY 2025 budget in Winter 2024. There were no budgetary estimates in the budget documents for the FY 2026 budget.

Federal Budget Changes for 2027

$ billion	Estimate for 2027 in FY2025 Budget	Estimate for 2027 in FY2027 Budget	Change
Federal Outlays	$7,696.6	$8,092.9	+$569.1
Federal Receipts	$6,186.2	$5,921.0	+$279.1
Federal Deficit	$1,510.3	$2,171.9	+$290.0

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 2031 come from the Outlays table in the Public Budget Database and were updated on usgovernmentspending.com on April 4, 2026.

Account level budget authority estimates through FY 2031 come from the Budget Authority table in the Public Budget Database and were updated on usgovernmentspending.com on April 4, 2026. 

US GDP for 2025 Released

On March 15, 2026 usgovernmentspending.com updated its GDP series with the latest data from the Bureau of Economic Analysis,

The GDP series extends back to 1929.

Process:

1. Click on link.
2. Click on "Underlying Detail Tables." 
3. Click on "view data in XLS or other formats."
4. Click on "Section 1 Domestic Product and Income" link
5. Save .xlsx file.

GDP, real and nominal, looks like this:

• US GDP source from 1790 to 1928 is calendar GDP from measuringworth.com.
• US GDP source from 1929 to 2025 is calendar GDP from the Bureau of Economic Analysis, under "Supplemental Information and Data"

usgovernmentspending.com computes inflation rate as:

((This Year GDP - Last Year GDP)/Last Year GDP - (This Year Real GDP - Last Year Real GDP)/Last Year Real GDP)*100.

US, State Population Update for 2025

On January 21, 2026 the US Census Bureau released its US national and state population estimates for July 1, 2025.  On February 7, 2026 usgovernmentspending.com updated its US and state population data as follows:

• We updated 2020-2025 population data from US and states using data from US Census National Population Totals and Components of Change 2020-2025 in file NST-EST2025-POP.xlsx.
• We projected 2022 thru 2030 for the US and states projecting population rate change for 2024-25 through 2030.

usgovernmentspending.com uses population data in computing per capita spending and revenue data. You can see per capita spending data in a chart here, and in a table of spending here.

You can check the data update schedule here.

Medicaid Update for FY2024

On January 14, 2026, the Centers for Medicare and Medicaid Services (CMS) published its annual report on National Health Expenditures and its NHE Tables includes data on Medicaid from 1960 to 2023. On January 15, 2026, usgovernmentspending.com updated its Medicaid data.

Item	2024 Estimate	2024 Actual
Federal Medicaid	$567.2 bn	$567.2 bn
State Medicaid (net)	$124.4 bn	$253.2 bn
Total Medicaid	$691.6 bn	$820.4 bn

The federal Medicaid number comes from the Federal Budget Subfunction 558: Grants to states for Medicaid. The state contribution comes from the NHE Tables.

usgovernmentspending.com publishes "guesstimates" of state and local spending from the latest year published by the Census Bureau (currently FY 2023) to the last year in the Historical Tables of the federal budget. (currently 2029 from the FY25 budget). So we have developed "guesstimates" of Medicaid spending going out to 2029, assuming that the overall Medicaid spending increases at the same rate as the federal "Grants to States for Medicaid" increases.

National Health Expenditure data is updated each year in mid December.