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Revenues received by the federal government in 2018 totaled $3.3 trillion, of which $1.7 trillion was receipts from individual income taxes.
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Discretionary spending by the federal government totaled $1.3 trillion in 2018—about half for national defense and half for nondefense activities.
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Mandatory spending by the federal government totaled $2.5 trillion in 2018, of which $1.7 trillion was for Social Security and Medicare.
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The federal deficit in 2018 was $779 billion, equal to 3.9 percent of gross domestic product. Learn more about the deficit with a new interactive version of the infographic.