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  1. 2021 United States federal budget – $6.8 trillion (submitted 2020 by President Trump) 2020 United States federal budget – $6.5 trillion (submitted 2019 by President Trump ) 2019 United States federal budget – $4.4 trillion (submitted 2018 by President Trump )

  2. Nov 9, 2020 · 223.38 KB. See more editions of CBO’s Monthly Budget Review. Summary. In fiscal year 2020, which ended on September 30, the federal budget deficit totaled $3.1 trillion—more than triple the shortfall recorded in fiscal year 2019.

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    • Summary of Fiscal Year 2019 Budget Results
    • Fiscal Year 2019 Receipts
    • Fiscal Year 2019 Outlays

    Year-end data from the September 2019 Monthly Treasury Statement of Receipts and Outlays of the United States Government show that the deficit for FY 2019 was $984 billion, $205 billion higher than the prior year's deficit. As a percentage of GDP, the deficit was 4.6 percent, an increase from 3.8 percent in FY 2018. The FY 2019 deficit was $107 bil...

    Total receipts for FY 2019 were $3,462.2 billion, $10.1 billion lower than the MSR estimate of $3,472.3 billion. This net decrease in receipts was the net effect of lower-than-estimated collections of customs duties, social insurance and retirement receipts, individual income taxes, estate and gift taxes, and other miscellaneous receipts, partially...

    Total outlays were $4,446.6 billion for FY 2018, $26.4 billion below the MSR estimate. Table 3 displays actual outlays by agency and major program as well as estimates from the Budget and the MSR. The largest changes in outlays from the MSR were in the following areas: Department of Agriculture— Outlays for the Department of Agriculture were $150.1...

  4. Fiscal Year 2022. contains the Budget Message of . the President, information on the President’s priori-ties, and summary tables. Analytical Perspectives, Budget of the United States Government ...

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  5. Apr 14, 2023 · Where We Are Now. The government’s net cost before taxes and other revenues for FY 2020 was $7.4 trillion - an increase of $2.3 trillion (46.3 percent) from FY 2019. Net cost equals gross costs of $7.2 trillion, less earned program revenues (e.g., Medicare premiums, national park entry fees), and then adjusted for gains or losses from ...

  6. aggression against United States interests. To that end, my Budget requests $750 billion for national defense, an increase of $34 billion, or 5 percent, from the 2019 enacted level. The Budget funds the National Security Strategy and National Defense Strategy, building on the major gains we have al-ready made throughout the world.

  7. Between 2020 and 2029, federal outlays would be $2.3 trillion (or 4.1 percent) less than baseline amounts. As a share of GDP, outlays under the President’s budget would average 0.9 percentage points below the average of 21.9 percent in the baseline. (Over the past 50 years, they have averaged 20.3 percent.)