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The Daily Ledger Federal money, in plain English
National debt$40.28T Debt per resident$117,489 FY2026 deficit$1.97T Net interest FY2026$1.02T Sourced from U.S. Treasury data

Section

Departments

Four department profiles built from enacted appropriations and Treasury records. Every figure vintage-labeled.

Department Profile | FY2025 enacted

Department of Defense

$883.67B authorized: personnel, operations, procurement, and research.

The Daily Ledger Staff

Department Profile | FY2025 request

Department of Health and Human Services

A benefits-paying machine: CMS at $1.6T in total budget authority.

The Daily Ledger Staff

Department Profile | FY2025 enacted

Department of Veterans Affairs

$367.73B: two-thirds checks to veterans, one-third health system.

The Daily Ledger Staff

Department Profile | FY2025

Department of the Treasury

The interest bill: $1,013B fiscal year to date, larger than defense.

The Daily Ledger Staff