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The federal government collected $4.1 trillion in revenue in fiscal year 2021 (FY2021) \u2014 or $12,294 per person. The federal government spent $6.8 trillion in FY2021 \u2014 or $20,634 per person.
What is FY 2023?
Fiscal Year 2023 covers the period from July 1, 2022 through June 30, 2023.
What is the current federal budget 2022?
The FY 2022 budget proposes $131.8billion in discretionary budget authority and $1.5 trillion in mandatory funding.
Where can I find the federal budget?
Federal Budget by Fiscal Year Go to the Appropriations and Budget page on Congress.gov. Click the year you want to see. A chart will open. Scroll down to find various versions of budget legislation in it.
Has a continuing resolution been passed for 2022?
This joint resolution provides continuing FY2022 appropriations to federal agencies through March 15, 2022. It is known as a continuing resolution (CR) and prevents a government shutdown that would otherwise occur if the FY2022 appropriations bills have not been enacted when the existing CR expires on March 11, 2022.
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Department of the Treasury \u2013 For FY 2023, the bill provides a total of $15.6 billion in discretionary appropriations for the Department, an increase of $1.3 billion above the FY 2022 enacted level.
What does FY 2021 stand for?
The financial year from 1 April 2020 to 31 March 2021 would generally be abbreviated as FY 2020-21, but it may also be called FY 2021 on the basis of the ending year.
What is the 2023 fiscal year?
Forty-six states begin fiscal year 2023 on July 1, 2022. New York begins its fiscal year on April 1, Texas begins its fiscal year on Sept.
How much is the 2022 federal budget?
President Biden's Budget President Biden's proposed budget would spend $6 trillion and raise $4.1 trillion in revenue in FY 2022, which begins Oct. 21, 2021.
Do we have a budget for 2022?
The President signed the FY 2022 omnibus appropriations bill, which the Senate passed the night of Thursday, March 10, by a vote of 68-31, clearing it for enactment. The House had passed the measure on Wednesday, March 9, by votes of 361-69 (security portion) and 260-171-1 (non-security portion).
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