United States - Federal government current transfer payments: Government social benefits was 2959.24900 Bil. of $ in October of 2023, according to the United States Federal Reserve. Historically, United States - Federal government current transfer payments: Government social benefits reached a record high of 5168.88200 in January of 2021 and a record low of 7.00000 in July of 1948. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Federal government current transfer payments: Government social benefits - last updated from the United States Federal Reserve on April of 2024.