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A budget resolution for the 2021 fiscal year began to be considered by the 117th United States Congress in February 2021. As appropriations for the fiscal year had already been approved, the budget resolution's main purpose was to begin the budget reconciliation process to allow a COVID-19 pandemic relief bill to be passed without the possibility of being blocked by a filibuster.
In fiscal year 2021, which ended on September 30, the federal budget deficit totaled nearly $2.8 trillion—about $360 billion less than the deficit in 2020, but nearly triple the shortfall incurred in 2019. During the past two years, deficits were much larger than they have been historically because of the economic effects of the coronavirus ...
Feb 10, 2020 · "Budget FY 2021 - Budget of the U.S. Government, Budget of the United States Government, Fiscal Year 2021". Government. Office of Management and Budget, Executive Office of the President, .
FY 2021 Budget in Brief. The Congressional Justification of Appropriations (CJ) reflects the President’s Budget request for the Department of the Treasury, and is prepared in accordance with OMB Circular A-11. The CJ includes agency priorities, requested budget levels and performance plans (in accordance with the Government Performance and ...
The FY 2021 Financial Report presents the U.S. government’s current financial position and condition, and discusses key financial topics and trends. The Financial Report is produced by Treasury in coordination with OMB, which is part of the Executive Office of the President. The table on the preceding page presents several key indicators of ...
Results in Brief. t the federal government’s financial position for and during FY 2021:The budget deficit decreased by $356.3 billion (11.4 percent) to $2.8 trillion and net ope. ting cost decreased by $746.5 billion (19.4 percent) to $3.1 trillion.The government’s gross costs of $7.3 trillion, less $462.3 billion in revenues earned for ...
Feb 10, 2020 · Other related and supporting budget publications are included, which may vary from year to year. Browse the Budget for fiscal Year 2021 and previous editions of the Budget back to 1996. Learn more about the Budget of the United States Government. Purchase a print copy of the Budget through GPO’s retail and online bookstores.
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