Federal Budget for FY22 Released

On May 27, 2021, we updated usgovernmentspending.com with the numbers from the historical tables in the Budget of the United States Government for Fiscal Year 2022. Actual revenue for FY 2020 and estimated revenue through FY 2026 come from Historical Tables 2.1, 2.4, and 2.5. Actual spending for FY 2020 and estimated spending at the subfunction level through FY 2026 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 2022 fiscal year have changed since the release of the FY 2021 budget a year ago in Winter 2020.

FY 2021 Federal Budget Changes Since 2020

$ billion	Estimate for 2021 in FY2021 Budget	Estimate for 2021 in FY2022 Budget	Change
Federal Outlays	$4,829.4	$4,789.8	+$44.2
Federal Receipts	$3,863.3	$3,706.3	+$61.5
Federal Deficit	$966.1	$1,083.4	-$17.4

Of course, the FY2021 Budget came out pre-COVID and the FY2022 is post-COVID.

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 2026 come from the Outlays table in the Public Budget Database and were updated on usgovernmentspending.com on May 27, 2021.

Account level budget authority estimates through FY 2026 come from the Budget Authority table in the Public Budget Database and were updated on usgovernmentspending.com on May 27, 2021.