Net interest was the second-largest spending category through March for the federal government

Federal Outlays in FY26 (Billions of $)

Source: Department of the Treasury Download image
Notes: The federal fiscal year begins on October 1 and ends on September 30. Medicare spending is net of offsetting receipts. Income Security includes military retirement, the Supplemental Nutrition Assistance Program, Supplemental Security Income, unemployment compensation, and housing assistance.