US federal receipts, 2014 to 2026
US federal receipts stood at $1.02T in 2026, up 44.6% on the previous period.
The latest reading is $706.7 billion, for May 2026, against $1.69 trillion the period before. The data comes directly from the US Treasury's Fiscal Data service, the government's own ledger, and runs from April 2014.
How it is measured
Total federal receipts by month from the Treasury's Monthly Treasury Statement: individual income taxes and payroll taxes above all, then corporate taxes, customs duties, and fees. The rhythm is the tax calendar, with peaks at filing and estimated-payment deadlines.
What the curve shows
Receipts ran $706.7 billion in the latest month, within a window from $139.4 billion (February 2015) to $1.69 trillion (April 2026). Receipts track the economy: wages and profits drive them, which is why recessions blow deficits out from the revenue side even before relief spending starts.
Where does federal revenue actually come from?
Why the sawtooth pattern?
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