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#spending

The receipt: what America actually buys

For every $100 in federal outlays, here is what Washington bought in fiscal 2025, including the lines that hide in plain sight.

· U.S. Wealth Watcher

The federal budget is usually sold as a trillion-dollar fog machine. So we turned fiscal 2025 into a receipt: exactly $100.00, line by line.

The biggest lines are not surprising. The useful part is seeing the whole bill in the same unit, because a billion dollars sounds enormous until it is standing next to Medicare, Social Security, defense, and interest on the debt.

  • $18.05 Medicare: $1837B
  • $16.39 Social Security: $1668B
  • $13.92 Defense: $1416B
  • $12.29 Interest on the debt: $1251B
  • $11.26 Medicaid & health: $1145B
  • $7.46 Income support: $759B
  • $5.03 General government: $511B
  • $4.06 Veterans: $413B
  • $2.18 Education & training: $222B
  • $1.94 Transportation: $198B
  • $1.31 Environment & natural resources: $133B
  • $1.13 Justice & law enforcement: $115B

Total: $100.00.

The immigrant-services line is $0.06 of the receipt, about $6.6B in direct services such as refugee assistance, asylum support, and citizenship accounts. Immigration enforcement is $0.42, about $43B for policing, detention, border security, and immigration courts. Corporate tax breaks are not on the spending receipt at all. JCT's corporation-side tax-expenditure estimate is about $180B a year, which is money Washington chose not to collect before the bill was printed.

That is the trick: ordinary spending gets a receipt, while tax breaks often get a footnote. We put both in view so the comparison is not left to vibes.

Explore the live receipt at https://uswealthwatcher.com/spending. For the longer history of who pays the bill, see https://uswealthwatcher.com/taxes.

We report from public records and published reporting. Appearing here is not an allegation of wrongdoing.

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