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FY17 Federal Budget Spending Estimates
for Fiscal Years 2016 - 2021

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US Federal Government Spending
Budget Interest Cost Analysis for FY 17 in $ billion
FY 2016
 Spending
FY 2017
 Spending
FY 2018
 Spending
FY 2019
 Spending
FY 2020
 Spending
FY 2021
 Spending
OMB Budget Numbers1
Interest240.0302.7384.6459.5523.0574.2
Interest Rate %1.241.501.842.122.332.48
Total Spending3,951.34,147.24,352.24,644.34,879.85,124.3
Federal Deficit615.8503.5453.6549.3534.1552.3
Gross Public Debt19,433.320,149.420,884.321,695.522,446.723,198.6
Revised Budget Numbers
Revised Interest240.0302.7384.6459.5523.0574.2
Revised Interest Rate %Go
Revised Total Spending3,951.34,147.24,352.24,644.34,879.85,124.3
Revised Federal Deficit615.8503.5453.6549.3534.1552.3
Revised Gross Public Debt19,433.320,149.420,884.321,695.522,446.723,198.6
Spending:
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estimated budgeted guesstimated
Notes:
1. Budget of the US Government: Table 3.2



The table shows overall budgeted federal expenditures for total spending and interest payments on federal debt for the next five fiscal years. In the first section, labeled “OMB Budget Numbers” you can see the budgeted expenditure as estimated in the historical tables in the current presidential budget. The row labeled “Interest Rate %” is the effective interest rate for the accumulated federal debt for each year and is computed by dividing the budgeted interest cost by the gross public debt.

Under “Revised Budget Numbers” you can input your own estimate of future interest rates for each fiscal year. Click Go to recalculate interest costs and to view the effect of those interest costs on total spending and the accumulated federal debt.

Notes

Data Sources: Federal spending from Budget of the United States Government.

For a discussion of the sources of the government spending data used here read How We Got the Data for usgovernmentspending.com.

Budget Updates: The president’s budget is typically published each year in February.

Download Federal Interest Forecast for 2016-2021

You can download budget data as a CSV file or directly as a tab-delimited table.

Download Data as CSV File

 Click button to download CSV file of data in table

Tab-delimited Table

Here is the interest forecast table with columns tab-delimited. You can cut and paste directly into a spreadsheet:

You can copy all the text in the textbox by clicking your cursor in the box. Then press Ctrl-A and Ctrl-C and paste the text into your spreadsheet.

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Spending Data Sources

Spending data is from official government sources.

Gross Domestic Product data comes from US Bureau of Economic Analysis and measuringworth.com.

Detailed table of spending data sources here.

Federal spending data begins in 1792.

State and local spending data begins in 1890.

State and local spending data for individual states begins in 1957.

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State FY16 Tax Update

On September 25, 2016 usgovernmentspending.com updated FY2016 state revenue with quarterly tax data released by the US Census Bureau on September 20, 2016.  Local tax data was updated by assuming that local taxes for 2016 changed by the same percent as state taxes of the same type.

State and local spending projections for FY2017 to FY2021 have been reestimated using the "Guesstimate" method.

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Christopher Chantrill.

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