US Federal Budget Expenditure Obligations
US monthly federal budget expenditure obligations by award type from USAspending.gov since 2007.
| Indicator | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | 10-2025 | 09-2025 | 08-2025 | 07-2025 | 06-2025 | 05-2025 | 04-2025 | 03-2025 | 02-2025 | 01-2025 | 12-2024 | 11-2024 | 10-2024 | 09-2024 | 08-2024 | 07-2024 | 06-2024 | 05-2024 | 04-2024 | 03-2024 | 02-2024 | 01-2024 | 12-2023 | 11-2023 | 10-2023 | 09-2023 | 08-2023 | 07-2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Obligations | 682.7 | 411.85 | 403.95 | 578.43 | 341.55 | 347.85 | 679.78 | 420.41 | 258.14 | 609.79 | 434.17 | 473.8 | 597.29 | 292.57 | 451.99 | 521.31 | 266.2 | 309.16 | 689.05 | 325.67 | 405.08 | 549.79 | 425.11 | 471.59 | 582.61 | 293.97 | 448.53 | 494.92 | 312.28 | 320.47 | 528.32 | 341.94 | 307.08 | 421.02 | 513.55 | 371.12 | 423.36 | |
| By Award Type6 | ||||||||||||||||||||||||||||||||||||||
| Direct Payments | 389.47 | 296.62 | 295.56 | 286.24 | 214.57 | 270.91 | 346.31 | 296.88 | 191.93 | 358.18 | 208.84 | 355.77 | 286.59 | 191.17 | 365.67 | 275.92 | 195.53 | 256.49 | 329.1 | 205.03 | 325.44 | 255.74 | 184.2 | 324.1 | 274.88 | 177.02 | 339.42 | 244.44 | 240.9 | 249.8 | 243.43 | 245.71 | 241.35 | 177.7 | 302.27 | 240.24 | 167.36 | |
| Grants | 250.37 | 37.92 | 33.5 | 207.44 | 22.37 | 19.99 | 275.9 | 42.71 | 14.92 | 228.34 | 72.11 | 44.72 | 236.21 | 35.43 | 25.09 | 187.01 | 13.73 | 6.47 | 298.13 | 53.62 | 32.08 | 240.37 | 99.79 | 75.24 | 231.81 | 40.33 | 41.51 | 187.8 | 12.93 | 22.6 | 247.14 | 26.11 | 21.17 | 204.86 | 75.7 | 55.48 | 200.28 | |
| Procurement Contracts | 40.86 | 69.83 | 73.36 | 83.47 | 102.87 | 54.26 | 55.77 | 79.49 | 50.66 | 21.2 | 148.53 | 69.88 | 71.85 | 62.86 | 59.77 | 55.47 | 54.27 | 43.47 | 55.51 | 63.14 | 44.79 | 48.72 | 130.63 | 66.39 | 67.03 | 71.95 | 65.39 | 59.79 | 54.31 | 45.11 | 36.24 | 64.93 | 43.21 | 35.97 | 121.32 | 69.02 | 53.02 | |
| Other Financial Assistance | 0.29 | 2.93 | 0.58 | 1 | 1.85 | 1.36 | 1.14 | 0.74 | 0.51 | 1.13 | 1.95 | 1.71 | 3.18 | 0.38 | 0.56 | 1.49 | 1.11 | 0.58 | 0.98 | 0.24 | 0.57 | 1.97 | 1.24 | 2.4 | 0.76 | 1.63 | 0.81 | 0.92 | 2.1 | 1.7 | 0.43 | 0.75 | 0.61 | 2.09 | 1.13 | 2.56 | 0.51 | |
| Loans | -0.7 | -0.76 | -0.39 | -0.51 | -0.54 | -0.5 | -0.6 | -0.56 | -0.7 | 0.14 | 0.48 | 0.14 | -0.26 | -0.25 | -0.36 | -0.31 | -0.41 | -0.18 | 1.81 | -0.09 | 0.6 | -0.43 | -0.01 | -0.09 | -0.45 | -0.05 | -0.17 | -0.13 | 0.28 | -0.17 | -0.2 | -0.23 | -0.24 | -0.26 | 0.05 | -0.25 | -0.3 | |
| Other | 2.41 | 5.31 | 1.35 | 0.8 | 0.43 | 1.83 | 1.26 | 1.15 | 0.82 | 0.79 | 2.26 | 1.58 | -0.27 | 2.98 | 1.26 | 1.72 | 1.96 | 2.34 | 3.53 | 3.73 | 1.6 | 3.42 | 9.26 | 3.55 | 8.57 | 3.07 | 1.58 | 2.1 | 1.76 | 1.43 | 1.28 | 4.68 | 0.97 | 0.66 | 13.09 | 4.07 | 2.49 |
Latest reading
Total Obligations stood at 682.7 USD billion in Jul 2026. That is +65.8% from Jun 2026 and +14.3% from a year earlier. The series on this page is monthly and runs from Oct 2007 to Jul 2026. Source: USAspending.gov (U.S. Department of the Treasury).
- Latest
- 682.7 USD billion
- Jul 2026
- vs previous period
- +65.8%
- Jun 2026
- vs a year earlier
- +14.3%
About this data
US monthly federal budget expenditure obligations by award type from USAspending.gov since 2007. This table tracks federal spending obligations incurred by the United States government across direct payments, grants, and procurement contracts. Figures are reported in US dollars.
Frequently asked questions
- What does the US Federal Budget Expenditure Obligations table measure?
- This table measures the total monthly value of federal spending obligations incurred by the United States government, capturing committed funds when an agency awards a contract or approves a grant.
- How often is this federal spending data published and how far back does it go?
- The data is published monthly by USAspending.gov under the U.S. Department of the Treasury, with historical series available from October 2007.
- What categories of spending obligations are broken down in the table?
- The table breaks down total federal obligations into six categories including direct payments, grants, procurement contracts, other financial assistance, loans, and other miscellaneous obligations.
- How do federal obligations differ from Treasury budget outlays in the United States?
- Obligations record the full committed value of an award in a single month when approved, whereas outlays represent actual cash disbursements made gradually over subsequent years, meaning obligations serve as an early indicator of fiscal pressure.
