WhereTaxMoneyGoesU.S. federal award spending in fiscal year 2026
Fiscal year 2026 ran from October 1, 2025 to September 30, 2026. Federal agencies obligated $5.46 trillion in awards performed in U.S. states and territories, up 4% from FY 2025 ($5.27 trillion).
FY 2026 is the most recent fiscal year; agencies are still submitting data, so these totals will change.
$770.9B
Contracts
$1.23T
Grants
$3.44T
Direct payments
$17.6B
Other assistance
$508.5B
Loans (face value)
Award spending by type
Of award spending (excluding loans), contracts 14.1%, grants 22.6%, direct payments 63.0%, other assistance 0.3%.
| Award type | Amount | Relative size |
|---|---|---|
| Contracts | $770.9 billion | |
| Grants | $1.23 trillion | |
| Direct payments | $3.44 trillion | |
| Other assistance | $17.6 billion | |
| Loans (face value) | $508.5 billion |
States receiving the most, FY 2026
| # | State | Amount | Relative size |
|---|---|---|---|
| 1 | California | $499.1 billion | |
| 2 | Texas | $352.4 billion | |
| 3 | Florida | $339.1 billion | |
| 4 | Pennsylvania | $296.6 billion | |
| 5 | New York | $271.3 billion | |
| 6 | Minnesota | $245.6 billion | |
| 7 | Virginia | $209.2 billion | |
| 8 | Indiana | $207.1 billion | |
| 9 | Kentucky | $202.3 billion | |
| 10 | Connecticut | $152.6 billion |
Agencies obligating the most, FY 2026
Total obligations, including non-award spending such as salaries and interest.
| # | Agency | Amount | Relative size |
|---|---|---|---|
| 1 | Department of Health and Human Services | $2.80 trillion | |
| 2 | Department of the Treasury | $1.98 trillion | |
| 3 | Social Security Administration | $1.67 trillion | |
| 4 | Department of Defense | $1.47 trillion | |
| 5 | Department of Veterans Affairs | $407.4 billion | |
| 6 | Department of Homeland Security | $378.0 billion | |
| 7 | Department of Agriculture | $222.7 billion | |
| 8 | Office of Personnel Management | $201.8 billion | |
| 9 | Department of Transportation | $130.9 billion | |
| 10 | Department of Education | $117.4 billion |
Other fiscal years
Source: USAspending.gov API v2 (U.S. Department of the Treasury, Bureau of the Fiscal Service).
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Source data last updated November 4, 2026 · Imported November 6, 2026 · Dollar figures are nominal and rounded. How these numbers are calculated · Report a problem
Source data last updated November 4, 2026 · Imported November 6, 2026 · Dollar figures are nominal and rounded. How these numbers are calculated · Report a problem