Federal Spending FY 2012
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Contracts
Mutually binding agreements between the federal government and another party (the seller) that obligate the seller to furnish supplies and services for the direct benefit of the government and obligate the government to pay for them. These do not include grants, co-operative agreements, or contracts under grants.
$15.7B
Grants
Funds awarded to a non-federal entity for a defined public or private purpose in which services are not rendered to the federal government. Grants includes Cooperative Agreements.
$96.0B
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