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2004 Federal Outlays: Summary

Introduction

This page provides an overview of how the federal government is projected to spend money in a single year. For a more detailed breakdown of the spending numbers, see ' Federal Budget: Detailed Numbers.

The chart and table depict projected federal spending for fiscal year 2004. Figures for fiscal year 2004 are estimates based on the president's fiscal policy and economic assumptions. Figures here are for outlays, not budget authority. The budget categories below roughly reflect the budget functions.

Composition of 2004 Federal Outlays: Piechart

Numbers are the percent of total outlays.

2004 budget outlays piechart

Composition of 2004 Federal Outlays: Table

Namepercentage$ billionsDetails
Total outlays 100.0 2318.83
Social Security21.4496.17 Function 650
Military19.6453.68 Function 050
Medicare11.7270.45 Function 570
Social welfare8.4195.01 Subfunctions 604, 605, 609
Medicaid7.9182.56 Medicaid
Interest6.7156.26 Function 900
Retirement, disability, unemployment 6.2144.49 Subfunctions 601, 602, 603
Education, training, employment, social services 3.887.21 Function 500
Transportation2.968.14 Function 400
Other health2.660.94 Health (function 550) minus Medicaid
Veterans2.660.45 Function 700
Other 6.2143.46 Sum of following items:
Administration of justice1.841.60 Function 750
International affairs1.534.24 Function 150
Natural resources and environment1.431.66 Function 300
General government1.125.42 Function 800
Science1.022.29 Function 250
Agriculture0.920.12 Function 350
Community and regional development0.818.76 Function 450
Commerce and housing credit0.37.72 Function 370
Energy0.00.96 Function 270
Offsetting receipts-2.6-59.32 Offsetting receipts

Notes

Figures below 100.0 in the column entitled percentage may not add up to 100 because of rounding errors.

Units: the figures in the column entitled $ billions are millions of dollars. They have not been adjusted for inflation. Examples:

Some of the numbers in the table are negative. This is because offsetting receipts and collections are recorded as negative outlays.

Data source

Public Budget Database, Budget of the United States Government, Fiscal Year 2005.

Recommended Reading

The choice of budget categories in the piechart and table were influenced by Anders Schneiderman and Nathan Newman, The National Budget Simulation.

References

The following documents were used in the development of this presentation of the budget:

Page version

Page last updated on 2004 February 25