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TRES

Department of the Treasury

$980.0B

Budget Authority

$970.0B

Outlays

$4.92T

Receipts

14.1%

Of Total Budget

Summary

Treasury manages federal finances, collects taxes (via the IRS), and makes interest payments on the national debt. Interest payments are now one of the government's largest expenses.

Share of Federal Budget

Department of the Treasury14.1% of $6.87T