2021 United States Federal Budget
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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 ...
2021 ran from October 1, 2020 to September 30, 2021. The government was initially funded through a series of five temporary continuing resolutions. The final funding package was passed as a consolidated spending bill on December 27, 2020, the
Consolidated Appropriations Act, 2021 The Consolidated Appropriations Act, 2021 () is a $2.3trillion spending bill that combines $900 billion in stimulus relief for the COVID-19 pandemic in the United States with a $1.4trillion omnibus spending bill for the 2021 federal fiscal yea ...
. The
American Rescue Plan Act of 2021 The American Rescue Plan Act of 2021, also called the COVID-19 Stimulus Package or American Rescue Plan, is a economic stimulus bill passed by the 117th United States Congress and signed into law by President Joe Biden on March 11, 2021, to sp ...
was passed as the budget reconciliation bill for FY2021.


Budget proposal

The FY2021 budget is subject to the spending caps of 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 ...
, as modified by the Bipartisan Budget Act of 2019. The Trump administration budget proposal was released in February 2020.


Appropriations legislation

The drafting of appropriations bills was delayed due 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 ...
. The House began consideration of appropriations bills on July 6. As of July 22, the
House A house is a single-unit residential building. It may range in complexity from a rudimentary hut to a complex structure of wood, masonry, concrete or other material, outfitted with plumbing, electrical, and heating, ventilation, and air condi ...
had completed markup of all 12 bills, while the
Senate A senate is a deliberative assembly, often the upper house or chamber of a bicameral legislature. The name comes from the ancient Roman Senate (Latin: ''Senatus''), so-called as an assembly of the senior (Latin: ''senex'' meaning "the el ...
had yet to begin. The House passed the first consolidated appropriations bill () containing four of the 12 bills on July 24. The House passed the second consolidated appropriations bill () containing an additional six bills on July 31. The remaining two bills for
Homeland Security Homeland security is an American national security term for "the national effort to ensure a homeland that is safe, secure, and resilient against terrorism and other hazards where American interests, aspirations, and ways of life can thrive" to ...
and the
Legislative Branch A legislature is an assembly with the authority to make laws for a political entity such as a country or city. They are often contrasted with the executive and judicial powers of government. Laws enacted by legislatures are usually known as ...
were not expected to be voted upon soon after. 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 December 11, 2020 was passed by the House on September 29, and by the Senate on September 30. However, the bill was not signed by President Trump until shortly after the midnight deadline, as he was returning from a campaign rally in
Duluth, Minnesota , settlement_type = City , nicknames = Twin Ports (with Superior), Zenith City , motto = , image_skyline = , image_caption = Clockwise from top: urban Duluth skyline; Minnesota ...
late at night, causing a short funding gap of less than an hour. The Senate released drafts of its appropriations legislation on November 10, 2020, starting the legislative process in that house and allowing negotiations to begin. A series of four short-term continuing resolutions were passed during the final stages of negotiation on an omnibus appropriations bill which included supplementary relief funding for 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 ...
. The first extended funding for one week through December 18, 2020, the second extended it by another two days through December 20, a third by one day through December 21, and a final one by seven days until December 28. The final bill is the
Consolidated Appropriations Act, 2021 The Consolidated Appropriations Act, 2021 () is a $2.3trillion spending bill that combines $900 billion in stimulus relief for the COVID-19 pandemic in the United States with a $1.4trillion omnibus spending bill for the 2021 federal fiscal yea ...
.


Reconciliation legislation

A
budget resolution The United States budget process is the framework used by Congress and the President of the United States to formulate and create the United States federal budget. The process was established by the Budget and Accounting Act of 1921, the Congress ...
for the 2021 fiscal year began to be considered by the
117th United States Congress The 117th United States Congress is the current meeting of the legislative branch of the United States federal government, composed of the United States Senate and the United States House of Representatives. It convened in Washington, D.C., on ...
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 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 ...
relief bill to be passed without the possibility of being blocked by a
filibuster A filibuster is a political procedure in which one or more members of a legislative body prolong debate on proposed legislation so as to delay or entirely prevent decision. It is sometimes referred to as "talking a bill to death" or "talking out ...
. The
American Rescue Plan Act of 2021 The American Rescue Plan Act of 2021, also called the COVID-19 Stimulus Package or American Rescue Plan, is a economic stimulus bill passed by the 117th United States Congress and signed into law by President Joe Biden on March 11, 2021, to sp ...
was signed on March 11, 2021.


References


External links


Appropriations Status Table
{{US federal budget
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 ...
United States federal budgets by year 116th United States Congress 2020 in American politics