US total outlays increased 7.0 percent from a year earlier to USD 349.1 billion in December 2019, with social security accounting for USD 88 billion, national defense for USD 62 billion, health for USD 49 billion, income security for USD 39 billion, net interest for USD 34 billion, Medicare for USD 26 billion, veterans'benefits & services for USD 17 billion, transportation for USD 8 billion, education for USD 7 billion, and the remaining expenses for USD 18 billion.
Fiscal Expenditure in the United States averaged 115733.15 USD Million from 1954 until 2019, reaching an all time high of 439833 USD Million in May of 2019 and a record low of 3842 USD Million in November of 1954. This page provides - United States Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Fiscal Expenditure in the United States is expected to be 388812.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Fiscal Expenditure in the United States to stand at 345000.00 in 12 months time. In the long-term, the United States Fiscal Expenditure is projected to trend around 350000.00 USD Million in 2020, according to our econometric models.