Trading Economics’ government spending series shows U.S. government spending at **$3,992.20 billion** in **Q2 2026**, down slightly from **$4,000.20 billion** in Q1 2026. The same series lists the recent peak at **$4,015.00 billion**, giving a short-term view of spending stability rather than a sharp acceleration. For investors and policy watchers, this is a useful directional datapoint because it captures quarterly movement in aggregate government spending after inflation and seasonal adjustment.

The UK Office for National Statistics/HM Treasury public spending release says **Total Managed Expenditure increased by £70.1 billion (5.4%)** in **2025-26**, or **£25.7 billion (1.9%)** in real terms. The release gives a first estimate of **2025-26 outturn**, and puts **TME at 44.3% of GDP**, a high public-sector share of the economy. It also reports **Resource DEL** at **£496.7 billion** versus **£485.8 billion** in 2024-25, making this a valuable cross-market benchmark for public spending trajectories outside the U.S.

BEA’s latest national accounts show **current expenditures of $11,144.6 billion** at a **seasonally adjusted annual rate** in **Q2 2026**, up from **$10,969.8 billion** in Q1 2026. Current receipts in Q1 2026 were **$8,942.4 billion**, indicating a large ongoing gap between government spending and revenue. BEA’s release was published on **July 30, 2026**, and the next update is scheduled for **August 26, 2026**, making this one of the freshest public macro spending signals available for the vertical.

CBO’s Monthly Budget Review for April 2026 estimates the federal budget deficit at **$955 billion** for the first **seven months of FY2026**, which is **$94 billion less** than the same period last year. Earlier CBO reporting for the first five months of FY2026 showed a deficit of **$1.0 trillion**, with outlays at **$3.1 trillion** and receipts at **$2.1 trillion**. This is a useful near-real-time signal for spending momentum, because it shows deficits narrowing relative to the prior year even as nominal outlays remain very large.

The Congressional Budget Office’s latest Outlook says federal outlays total **$7.4 trillion in 2026**, equal to **23.3% of GDP**, above the 50-year average of 21.2%. CBO projects outlays will rise at an average **4.4% per year** over the next decade, reaching **$11.4 trillion by 2036** and **24.4% of GDP**. The biggest near-term discretionary signal is that 2026 discretionary budget authority totals **$1.8 trillion**, while nondefense funding falls to **$948 billion**, down **$84 billion (8%)** from 2025, driven largely by a **$116 billion** drop in emergency-designated nondefense funding.

[OpenAI Research research] The GAO report GAO-26-107530 (June 23, 2026) notes the FY2026 federal IT budget requests roughly $140 billion for information technology across civilian agencies, with cloud spending a primary driver. It also flags data-quality gaps in procurement records and ongoing reforms to accelerate cloud adoption, improve cost controls, and streamline procurement for IT modernization.

[Claude Research research] DoD requests record $13.4B for AI and autonomous systems in FY2026, with $9.4B dedicated to aerial drones/UAVs alone. Represents largest single-year defense AI investment in history, driven by autonomous systems, decision support, and mission-critical AI applications requiring immediate contractor deployment capability.

ONS reported that UK public sector borrowing was £24.3 billion in April 2026, £4.9 billion higher than a year earlier and £3.4 billion above the OBR forecast of £20.9 billion. Central government current expenditure was provisionally estimated at £101.1 billion in the month, up £6.2 billion, or 6.5%, from April 2025. For the full financial year ending March 2026, central government current expenditure was £1,093.9 billion, up £63.9 billion, or 6.2%, year over year. This release is valuable because it pairs spending execution with borrowing performance, making it a strong read-through for fiscal pressure, bond-market sensitivity, and budget credibility.

CBO’s April 2026 Monthly Budget Review reports a federal budget deficit of $955 billion in the first seven months of fiscal year 2026, which is $94 billion less than the deficit in the same period last year. The same update indicates fiscal-year-to-date revenues were 7% higher and total spending was 3% higher, with April spending up $32 billion, or 5%, year over year according to the BPC tracker summary. For spending-focused users, this is a practical near-real-time signal that outlays were still growing even as the deficit improvement came from stronger receipts. It is especially useful for monitoring whether current-year spending discipline is actually improving or merely being offset by revenue growth.

CBO’s 2026–2036 outlook says federal outlays will total $7.4 trillion in 2026, equal to 23.3% of GDP, above the 50-year average of 21.2%. CBO also projects outlays to reach $11.4 trillion by 2036, with spending averaging 4.4% annual growth over the decade. On the discretionary side, CBO estimates discretionary budget authority at $1.8 trillion in 2026, while nondefense funding is projected at $948 billion, down $84 billion from 2025. This is one of the most important planning references for debt, deficit, and appropriations analysis because it translates policy assumptions into a forward spending path with concrete dollar and GDP shares.

The latest FRED series for U.S. federal government current expenditures shows Q1 2026 at $7,679.660 billion, seasonally adjusted annual rate. BEA’s government receipts and expenditures release puts Q1 2026 current expenditures at $10,959.0 billion versus $10,831.3 billion in Q4 2025, an increase of $127.7 billion or about 1.2%. Read together, these data suggest federal spending stayed on an upward path heading into mid-2026 even before any later fiscal-year updates. This is a high-value signal for anyone monitoring federal outlays, deficit pressure, or cross-checking Treasury/CBO trendlines against national accounts data.

The UK government’s July 2026 public spending release gives the freshest official outturn signal in the dataset, covering 2021-22 through 2025-26 and including the first estimate for 2025-26. One highlighted series shows Resource DEL rising from £485.8 billion in 2024-25 to £496.7 billion in 2025-26, a gain of £10.9 billion or about 2.2%. Because the release is explicitly an outturn-based update, it is more decision-useful than forecast commentary for tracking actual spending execution across departments. This is a strong public benchmark for analysts watching whether UK departmental spending is still running above prior-year levels and where spending restraint may be emerging.

[Grok Research research] According to the GSA's June 2026 Federal Cloud Computing report, total federal cloud expenditures reached $9.8 billion in FY2025, a 31% increase driven by AI/ML workloads. AWS GovCloud captured 42% market share at an average contract value of $4.7 million. The data highlights a shift toward multi-cloud strategies among 62% of agencies.

Canada’s 2026–27 Main Estimates present total budgetary spending of C$502.8 billion, including C$230.4 billion voted spending and C$272.4 billion statutory spending. The same release shows prior-year comparables of C$473.8 billion in total budgetary spending, which implies a roughly C$29 billion increase year over year. This is a strong public-budget signal because Main Estimates are a fresh parliamentary spending benchmark that shows how much spending has been authorized and planned for the year ahead.

ONS reported that UK public sector borrowing was £24.3 billion in April 2026, £4.9 billion higher than April 2025 and £3.4 billion above the Office for Budget Responsibility’s forecast of £20.9 billion. Central government current expenditure was provisionally £101.1 billion, up £6.2 billion year over year, while the financial-year borrowing total for FYE March 2026 was £129.0 billion, below the prior year by £22.8 billion. This release is valuable because it gives both an early-year spending pulse and a point-in-time miss versus official forecasts.

FRED’s latest quarterly reading for Federal Government: Current Expenditures shows Q1 2026 at $7,679.660 billion, seasonally adjusted annual rate. That is a useful near-real-time macro signal because it captures the flow of federal spending at the quarterly national-accounts level rather than on a cash-basis budget line. Compared with the CBO’s full-year forecast, this series helps users gauge whether spending momentum is running above or below implied annual pace in the early part of 2026.

CBO’s 2026–2036 Budget and Economic Outlook projects federal outlays in 2026 at $7.4 trillion, equal to 23.3% of GDP. The same forecast says spending stays near that share through 2028 before rising to 24.4% of GDP by 2036, driven by Social Security, Medicare, and net interest costs, partly offset by declining discretionary spending. For market and policy users, this is a high-value baseline because it links near-term spending scale with the longer-run mix of mandatory and interest-driven pressure.

The UK government’s July 2026 Public Spending Statistics release gives the first outturn estimate for 2025-26 and updates the main spending series through 2025-26. Total Departmental Expenditure Limits (DEL) reached £639.8 billion in 2025-26, up from £616.4 billion in 2024-25. Resource DEL was £496.7 billion, a 2.2% real-terms increase, while Capital DEL was £127.5 billion. This is one of the freshest official releases in the vertical because it provides the first full-year read on departmental spending and is suitable for tracking both fiscal stance and departmental intensity across the UK public sector.

search_response="1. Space Force awards 3 firms $615M to track airborne targets - Breaking Defense\nURL: https://breakingdefense.com/2026/08/space-force-awards-3-firms-615m-to-track-airborne-targets/\nDate: 2026-08-05T19:56:39.000Z\nHighlights: Space Force awards 3 firms $615M to track airborne targets - Breaking Defense ... WASHINGTON — The Space Force has granted task orders worth a total of $615 million to develop satellites to detect fast-moving targets in the air to three companies: Rocket L

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A $215 million contract award to a private biotechnology firm for the development and stockpiling of next-generation pandemic influenza vaccine candidates.

The Department of Transportation announced the latest round of Rebuilding American Infrastructure with Sustainability and Equity (RAISE) grant awards across 42 states.

BAE Systems awarded a $482.4 million modification to a previously awarded contract for the procurement of AMPV low-rate initial production and full-rate production units.

[OpenAI Research research] As of Aug 2026, federal AI and cloud modernization contracts hit $12.0B year-to-date, up 38% YoY; DoD and DHS together account for ~65% of awards; CIO-SP4 and JWCC pipelines dominate (tallying ~$4.0B). Major agency wins include DHS's $1.2B health-data platform and DoD's $900M cloud migration. Auctions in Q2 2026 show emphasis on open data interoperability and zero-trust.