2024 Budget Distribution. The federal government spends money on a variety of goods, programs, and services to support the american public and pay interest incurred from borrowing. Between 2024 and 2033, spending would total $82.2 trillion (24.8 percent of gdp), revenue would total $65.2 trillion (19.7 percent of gdp), and budget deficits.

More than half was for social security and medicare. The union minister of finance and corporate affairs smt.