PRINTER-FRIENDLY
FedSpending.org Reaches 10 Million Searches!
In June, 2008, FedSpending.org logged its 10 millionth search by a person since the site was launched in October, 2006. OMB Watch continues to be overwhelmed and gratified by the public response to the website. To add to the total, select either the Contracts or Grants tab at the upper left and start searching.
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New Data Released on FedSpending.org
On July 29, FedSpending.org was updated with new federal data, which provides site users with full spending data for federal contracts through the first two quarters of FY 2008 and federal assistance data for the first three quarters of FY 2007. This update also made minor site improvements, including added advanced search functionality and bugs fixes. The FedSpending.org database now contains over $18.7 trillion in federal spending dating back to FY 2000.
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Federal Government Launches USASpending.gov
The Federal government has launched USASpending.gov, a website mandated by the Federal Funding, Accountability, and Transparency Act of 2006. The website is based on the software that runs FedSpending.org. OMB Watch intends to continue to operate and upgrade FedSpending.org, adding new features and data to provide a more powerful accountability tool for citizens.
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Summary of Federal Spending:
Financial Assistance and Procurement
(in billions of dollars)
FY 2000 |
FY 2001 |
FY 2002 |
FY 2003 |
FY 2004 |
FY 2005 |
FY 2006 | FY 2007*  (partial year) |
FY 2008* (partial year) |
|
|---|---|---|---|---|---|---|---|---|---|
| Contracts | $208.8 |
$219.8 |
$259.6 |
$298.5 |
$341.9 |
$382.1 |
$419.9 |
$430.1 |
$51.5 |
| Grants | $294.5 |
$330.7 |
$406.2 |
$493.3 |
$449.8 |
$441.1 |
$488.8 |
$341.5 |
|
| Loans | $108.0 |
$141.8 |
$216.8 |
$210.8 |
$154.8 |
$118.8 |
$95.4 |
$71.3 |
|
| Insurance | $431.3 |
$492.2 |
$556.6 |
$567.2 |
$603.9 |
$653.2 |
$771.3 |
$570.5 |
|
| Direct Payments (e.g. Social Security) | $768.3 |
$839.6 |
$841.5 |
$947.9 |
$965.5 |
$1,004.1 |
$1,092.7 |
$615.2 |
|
| Other | $2.8 |
$2.7 |
$0.2 |
$0.7 |
$0.4 |
$0.3 |
$3.8 |
$0.1 |
|
| Total | $1,813.7 |
$2,026.9 |
$2,280.8 |
$2,518.4 |
$2,516.2 |
$2,599.6 |
$2,871.9 |
$2,028.6 |
$51.5 |
We hope you will explore this site. But mostly we hope you will use the data to hold our elected leaders and government agencies accountable for their actions.
*Note: FY 2007 contains a full year of contracts data, but only the first three quarters of federal assistance data. FY 2008 contains only the first quarter and a partial second quarter of federal contracts data.