The
United States federal budget
The United States budget comprises the spending and revenue
In accounting, revenue is the total amount of income generated by the sale of goods and services related to the primary operations of the business.
Commercial revenue may also b ...
for
fiscal year
A fiscal year (or financial year, or sometimes budget year) is used in government accounting, which varies between countries, and for budget purposes. It is also used for financial reporting by businesses and other organizations. Laws in many ...
2020 ran from October 1, 2019 to September 30, 2020. The government was initially funded through a series of two temporary
continuing resolution
In the United States, a continuing resolution (often abbreviated to CR) is a type of appropriations legislation. An appropriations bill is a bill that appropriates (gives to, sets aside for) money to specific federal government departments, ag ...
s. The final funding package was passed as two
consolidated spending bills in December 2019, the
Consolidated Appropriations Act, 2020
Consolidated may refer to:
*Consolidated (band)
**''¡Consolidated!'', a 1989 extended play
*Consolidated Aircraft (later Convair), an aircraft manufacturer
* Consolidated city-county
*Consolidated Communications
* Consolidated school district
*Co ...
() and the
Further Consolidated Appropriations Act, 2020
The United States federal budget for fiscal year 2020 ran from October 1, 2019 to September 30, 2020. The government was initially funded through a series of two temporary continuing resolutions. The final funding package was passed as two con ...
(). A series of supplemental appropriations bills were passed beginning in March 2020 in response to the
COVID-19 pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identif ...
.
Budget proposals
The Trump administration's budget proposal was released on March 11, 2019.
On August 1, 2019, the
Bipartisan Budget Act of 2019 () was passed by the House. The next day, on August 2, 2019, the bill was passed by the Senate and signed into law by President Trump. This act increases spending by $320 billion over levels set in the
Budget Control Act of 2011
The Budget Control Act of 2011 () is a federal statute enacted by the 112th United States Congress and signed into law by US President Barack Obama on August 2, 2011. The Act brought conclusion to the 2011 US debt-ceiling crisis.
The law inv ...
and removes the possibility of
budget sequestration
Budget sequestration is a provision of United States law that causes an across-the-board reduction in certain kinds of spending included in the federal budget. Sequestration involves setting a hard cap on the amount of government spending with ...
.
Appropriations legislation
On September 26, 2019, Congress passed the
Continuing Appropriations Act, 2020, and Health Extenders Act of 2019 () which contained a
continuing resolution
In the United States, a continuing resolution (often abbreviated to CR) is a type of appropriations legislation. An appropriations bill is a bill that appropriates (gives to, sets aside for) money to specific federal government departments, ag ...
lasting until November 21. On November 21, Congress passed the
Further Continuing Appropriations Act, 2020, and Further Health Extenders Act of 2019 () which extended temporary funding until December 20.
A final appropriations deal was announced on December 16.
The appropriations legislation was divided into two bills: the
Consolidated Appropriations Act, 2020
Consolidated may refer to:
*Consolidated (band)
**''¡Consolidated!'', a 1989 extended play
*Consolidated Aircraft (later Convair), an aircraft manufacturer
* Consolidated city-county
*Consolidated Communications
* Consolidated school district
*Co ...
() contained the appropriations acts for Defense, Commerce–Justice–Science, Financial Services and General Government, and Homeland Security, while the
Further Consolidated Appropriations Act, 2020
The United States federal budget for fiscal year 2020 ran from October 1, 2019 to September 30, 2020. The government was initially funded through a series of two temporary continuing resolutions. The final funding package was passed as two con ...
() contained the remaining acts.
Supplemental appropriations were passed in response to the
COVID-19 pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identif ...
:
*
(), passed on March 6, 2020
*
Families First Coronavirus Response Act (), passed on March 18
*
Coronavirus Aid, Relief, and Economic Security Act
The Coronavirus Aid, Relief, and Economic Security Act, also known as the CARES Act, is a $2.2trillion Stimulus (economics), economic stimulus bill passed by the 116th U.S. Congress and signed into law by President Donald Trump on March 27, 2 ...
() passed on March 27
*
Paycheck Protection Program and Health Care Enhancement Act
Paycheck Protection Program and Health Care Enhancement Act () is a $484billion law that increases funding to the Paycheck Protection Program and also provide more funding for hospitals and testing for COVID-19.
The bill passed the Senate by voi ...
() passed on April 24
Major initiatives
* $1.4 billion was provided for the
Mexico–United States barrier
The Mexico–United States barrier ( es, barrera Estados Unidos–México), also known as the border wall, is a series of vertical barriers along the Mexico–United States border intended to reduce illegal immigration to the United States ...
, the same as the previous year. No provision was included to ban the transfer of funds from other accounts to barrier construction, but the $3.6 billion the Trump administration had previously transferred from military construction accounts was not replaced.
* Taxes for
Cadillac insurance plan
Informally, a Cadillac plan is any unusually expensive health insurance plan, usually arising in discussions of medical-cost control measures in the United States. The term derives from the Cadillac automobile, which has represented American luxury ...
s and medical devices and a health insurance fee were all permanently repealed.
* The
Export–Import Bank of the United States
The Export–Import Bank of the United States (EXIM) is the official export credit agency (ECA) of the United States federal government. Operating as a wholly owned federal government corporation, the bank "assists in financing and facilitating ...
was extended for seven years.
* $12.5 million is provided to each of the
National Institutes of Health
The National Institutes of Health, commonly referred to as NIH (with each letter pronounced individually), is the primary agency of the United States government responsible for biomedical and public health research. It was founded in the late ...
and
Centers for Disease Control and Prevention
The Centers for Disease Control and Prevention (CDC) is the national public health agency of the United States. It is a United States federal agency, under the Department of Health and Human Services, and is headquartered in Atlanta, Georgi ...
for research into gun violence.
The 1996
Dickey Amendment
The Dickey Amendment is a provision first inserted as a rider into the 1996 omnibus spending bill of the United States federal government that mandated that "none of the funds made available for injury prevention and control at the Centers for D ...
, which banned using federal funds to advocate for gun control, had the effect of stopping federal research on gun violence despite it not being specifically banned. The 2020 appropriations legislation retained the Dickey Amendment, but clarified that it does not prohibit federal gun violence research.
* Science research funding was increased for several agencies. Funding for the National Institutes of Health was increased 7%, the
National Science Foundation
The National Science Foundation (NSF) is an independent agency of the United States government that supports fundamental research and education in all the non-medical fields of science and engineering. Its medical counterpart is the National I ...
by 2.5%, the
Department of Energy Office of Science by 6.3%,
ARPA-E
ARPA-E, or Advanced Research Projects Agency–Energy is a United States government agency tasked with promoting and funding research and development of advanced energy technologies. It is modeled after the Defense Advanced Research Projects Agenc ...
by 17%,
NASA
The National Aeronautics and Space Administration (NASA ) is an independent agency of the US federal government responsible for the civil space program, aeronautics research, and space research.
NASA was established in 1958, succeeding t ...
space science by 3.4%,
National Institute of Standards and Technology
The National Institute of Standards and Technology (NIST) is an agency of the United States Department of Commerce whose mission is to promote American innovation and industrial competitiveness. NIST's activities are organized into physical sci ...
by 4%,
Agricultural Research Service
The Agricultural Research Service (ARS) is the principal in-house research agency of the United States Department of Agriculture (USDA). ARS is one of four agencies in USDA's Research, Education and Economics mission area. ARS is charged with ext ...
by 8.5%, and basic research programs at the
Department of Defense Department of Defence or Department of Defense may refer to:
Current departments of defence
* Department of Defence (Australia)
* Department of National Defence (Canada)
* Department of Defence (Ireland)
* Department of National Defense (Philipp ...
by 3%.
* Military and federal civilian employee pay was increased 3.1%.
* $425 million was provided for election security grants.
* The
SECURE Act, which liberalized access to retirement plans, was enacted as part of the bill.
* The
age limit for use of tobacco was raised to 21 nationwide.
* Enactment of the
CREATES Act
The CREATES Act of 2019 is a U.S. federal law which includes measures intended to reduce prices and increase the competitiveness of generic pharmaceutical drugs. Originally standalone legislation sponsored by Patrick Leahy in the Senate and David ...
Total revenue
Receipts
Receipts by source: ''(in billions of dollars)''
See also
*
2020s in United States political history
References
External links
Appropriations for Fiscal Year 2020Presidential budget request
{{Trump presidency
United States federal budget
The United States budget comprises the spending and revenue
In accounting, revenue is the total amount of income generated by the sale of goods and services related to the primary operations of the business.
Commercial revenue may also b ...
Budget
A budget is a calculation play, usually but not always financial, for a defined period, often one year or a month. A budget may include anticipated sales volumes and revenues, resource quantities including time, costs and expenses, environmenta ...
2020
2020 was heavily defined by the COVID-19 pandemic, which led to global Social impact of the COVID-19 pandemic, social and Economic impact of the COVID-19 pandemic, economic disruption, mass cancellations and postponements of events, COVID- ...
Budget
A budget is a calculation play, usually but not always financial, for a defined period, often one year or a month. A budget may include anticipated sales volumes and revenues, resource quantities including time, costs and expenses, environmenta ...