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  1. Home
  2. ›The Books
  3. ›Agencies
  4. ›Department of the Treasury

The Books · Agencies · TREAS

Department of the Treasury

Award obligations from USAspending, with detail archived for FFY 2024 · 14 sub-agencies.

Treasury collects taxes (via IRS), manages federal debt, and runs government-wide financial operations. Interest on the public debt is a separate major outlay concept often shown nearby in Treasury tables. Award figures on The Ledger come from archived USAspending awarding-agency rollups (obligations). That is not the same as every dollar the agency outlays.

Obligations · FFY 2024

$9.8B

Awarding agency TREAS

Transactions

21,512

Award transactions in FFY 2024

Share of awards

0.20%

Of archived awarding-agency obligations in FFY 2024

MTS outlays · FFY 2025

$1.5T

Matched Monthly Treasury Statement line

Obligations by year

Award obligations by fiscal year for Department of the Treasury
Fiscal yearObligations
FFY 2024$9.8B
FFY 2023$13.1B
FFY 2022$30.1B
FFY 2021$450.1B
FFY 2018$5.1B
FFY 2017$6.0B
FFY 2016$6.3B

Award categoriesFFY 2024

Obligations by award category for Department of the Treasury
CategoryAmount
Contracts$9.3B
Grants$1.1B
IDVs$464.9K
Direct payments−$535.4M

Top sub-agenciesFFY 2024

Top sub-agencies by obligations for Department of the Treasury
Sub-agencyCodeObligationsTransactions
Internal Revenue ServiceIRS$4.7B8,776
United States MintUSMINT$2.7B3,039
Bureau of Engraving and PrintingBEP$891.3M2,089
Community Development Financial Institutions Fund—$782.0M1,066
Bureau of the Fiscal Service—$681.4M3,420
Office of the Comptroller of the CurrencyOCC$204.3M646
Office of Inspector GeneralOIG$10.4M94
Departmental OfficesDO−$180.4M2,382

Matched Treasury outlays

Monthly Treasury Statement net outlays for Department of the Treasury
Fiscal yearNet outlays
FFY 2025$1.5T
FFY 2024$1.3T
FFY 2023$1.1T
FFY 2022$1.2T
FFY 2021$1.6T
FFY 2018$629.4B
FFY 2017$546.4B
FFY 2016$526.1B

Sources

  • Obligations are legal commitments, not the same as Treasury outlays. See award obligations and outlays.
  • Official websiteUSAspending agency pageBudget justificationMethodologyAll awarding agencies