The Daily Ledger · Federal money in plain English
That is about $117,000 of debt per resident. We track America’s cash flow every day and explain what the numbers actually mean — no spin, no jargon, every figure cited to Treasury records.
Data as of September 28, 2026 · U.S. Department of the Treasury
In FY2026, the federal government spent $6.81 trillion and collected $4.85 trillion — a $1.97 trillion deficit.
See the data →The national debt grew by about $210 billion in 34 days — roughly $6 billion a day.
See the data →Net interest on the debt cost $1.02 trillion in FY2026 — the second-largest budget category.
See the data →Individual income taxes supplied $2.55 trillion of the $4.85 trillion collected in FY2026.
See the data →Feature | Follow the Money
Beyond the category names: who gets the $1.4T in Social Security checks, who cashes the $609B in interest, and who pays in.
Feature | How Government Works
Three branches, fifteen departments, one workforce of 2 million: the structure behind the spending, plus department profiles and the officials’ disclosure guide.
The Daily Number | Cash Flow
Deposits of $34.9 billion beat withdrawals of $20.7 billion. Here is what moved in and out of the Treasury’s accounts.
Explainer | Deficit
The two most confused words in fiscal policy, untangled with the actual FY2026 numbers.
Explainer | National Debt
$40.10 trillion, about $117,000 per resident, growing roughly $6 billion a day. The full picture.
Explainer | Spending
Every major spending category in FY2026, ranked — from Social Security’s $1.53 trillion to interest’s $1.02 trillion.
Explainer | Revenue
Income taxes, payroll taxes, customs duties and more: the $4.85 trillion revenue mix, sourced line by line.
Interactive | Tool
Put the $40.10 trillion national debt in per-resident perspective for any household size.
