Monday, March 18, 2019

Federal Budget for FY20 Released

On March 18, 2019, we updated usgovernmentspending.com with the numbers from the historical tables in the Budget of the United States Government for Fiscal Year 2020. Actual revenue for FY 2018 and estimated revenue through FY 2024 come from Historical Tables 2.1, 2.4, and 2.5. Actual spending for FY 2018 and estimated spending at the subfunction level through FY 2024 come from Table 3.2. Budget Authority estimates come from Table 5.1, federal debt estimates come from Table 7.1 and GDP estimates come from Table 10.1. Intergovernmental transfers come from Table 12.3.

Here is how headline budget estimates for the upcoming FY 2020 fiscal year have changed since the release of the FY 2019 budget a year ago in 2018.

FY 2020 Federal Budget Changes Since 2019
$ billionEstimate in
FY19 Budget
Estimate in
FY20 Budget
Change
Federal Outlays$4,595.9$4,529.2-$66.7
Federal Receipts$3,608.9$3,437.2-$171.7
Federal Deficit$987.0$1,091.5+$104.5

You can see line item changes from budget to budget here. You can compare budget estimates with actuals here.

Account level spending estimates through FY 2024 come from the Outlays table in the Public Budget Database and were updated on usgovernmentspending.com on March 18, 2019.

Account level budget authority estimates through FY 2024 come from the Budget Authority table in the Public Budget Database and were updated on usgovernmentspending.com on March 18, 2019.

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