Submitted | February 12, 2018 |
---|---|
Submitted by | Donald Trump |
Submitted to | 116th Congress |
Total revenue | $3.422 trillion (requested) [1] $3.5 trillion (actual) [2] 16.3% of GDP [2] |
Total expenditures | $4.407 trillion (requested) [1] $4.4 trillion (actual) [2] 21% of GDP [2] |
Deficit | $985 billion (requested) [1] $984 billion (actual) [2] 4.6% of GDP [2] |
Website | Office of Management and Budget |
‹ 2018 2020› |
The United States federal budget for fiscal year 2019 ran from October 1, 2018, to September 30, 2019. Five appropriation bills were passed in September 2018, the first time five bills had been enacted on time in 22 years, with the rest of the government being funded through a series of three continuing resolutions. A gap between the second and third of these led to the 2018–19 federal government shutdown. The remainder of government funding was enacted as an omnibus spending bill in February 2019.
The FY2019 budget was subject to the spending caps of the Budget Control Act of 2011, as modified by the Bipartisan Budget Act of 2018.
The 115th United States Congress initially proposed three "minibus" appropriations bills prior to the beginning of the fiscal year. [3] [4] [5] Two of these were enacted prior to the beginning of the fiscal year, accounting for five bills totaling 77% of federal discretionary funding, and including a continuing resolution until December 7 for the remaining agencies. It was the first time five bills had been enacted on time in 22 years, since the 1997 fiscal year. The two bills are: [6]
On December 6, Congress passed a second continuing resolution (H.J.Res. 143) lasting through December 21, to give more time for negotiations on Trump's proposed border wall, which had been delayed due to the death and funeral of George H. W. Bush. [9]
On December 19, the Senate passed a second continuing resolution, the Further Additional Continuing Appropriations Act, 2019 (H.R. 695), lasting until February 8, 2019. However, after Trump declared the following day that he would not sign any funding bill that did not include border wall funding, the House passed a version of the continuing resolution on December 20 that added $5 billion for the wall and $8 billion in disaster aid. [10] Negotiations in the Senate did not lead to passage of a continuing resolution that day, causing a government shutdown to begin on December 22. [11]
On January 3, 2019, the first day of the 116th Congress, the House passed a continuing resolution for the Department of Homeland Security (H.J.Res. 1) on a vote of 239–192, as well as a separate bill funding the remainder of government agencies, the Consolidated Appropriations Act, 2019 (H.R. 21), on a vote of 241–190. The bills were not immediately expected to be considered in the Senate. [12]
Beginning on January 9, the House was expected to vote on four of the appropriations bills individually: Treasury and the General Services Administration; Agriculture and the Food and Drug Administration; Interior and the Environmental Protection Agency; and Transportation and Housing and Urban Development. This strategy has been compared to one used by Republicans during the 2013 shutdown in the form of a series of fourteen mini-continuing resolutions. [13] [14]
The government shutdown was ended by the passage of the Further Additional Continuing Appropriations Act, 2019 (H.J.Res. 28) on January 25.
The Consolidated Appropriations Act, 2019 (H.J.Res. 31) incorporated the remaining appropriations bills and was passed on February 15.
Receipts by source: (in billions of dollars)
Source | Requested [15] | Actual [16] |
---|---|---|
Individual income tax | $1,687.7 | $1,717.9 |
Corporate income tax | $225.3 | $230.2 |
Social Security and other payroll tax | $1,237.6 | $1,243.1 |
Excise tax | $108.4 | $98.9 |
Estate and gift taxes | $16.8 | $16.7 |
Customs duties | $43.9 | $70.8 |
Other miscellaneous receipts | $102.5 | $85.8 |
Total | $3,422.3 | $3,463.4 |
An appropriation bill, also known as supply bill or spending bill, is a proposed law that authorizes the expenditure of government funds. It is a bill that sets money aside for specific spending. In some democracies, approval of the legislature is necessary for the government to spend money.
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 Congressional Budget and Impoundment Control Act of 1974, and additional budget legislation.
In the United States, a continuing resolution is a type of appropriations legislation. An appropriations bill is a bill that appropriates money to specific federal government departments, agencies, and programs. The money provides funding for operations, personnel, equipment, and activities. Regular appropriations bills are passed annually, with the funding they provide covering one fiscal year. The fiscal year is the accounting period of the federal government, which runs from October 1 to September 30 of the following year.
The Continuing Appropriations Act, 2014 is a law used to resolve both the United States federal government shutdown of 2013 and the United States debt-ceiling crisis of 2013. After the Republican-led House of Representatives could not agree on an originating resolution to end the government crisis, as had been agreed, the Democratic-led Senate used bill H.R. 2775 to resolve the impasse and to satisfy the Origination Clause requirement of Article One of the United States Constitution, which requires that revenue bills must originate in the House of Representatives. Traditionally, appropriation bills also originate in the House of Representatives.
The Continuing Appropriations Resolution, 2014 is a bill that was introduced into the United States House of Representatives on September 10, 2013. The original text of the bill was for a continuing resolution that would make continuing appropriations for the fiscal year 2014 United States federal budget. Though versions of the bill passed each house of Congress, the House and Senate were not able to reconcile the bills and pass a compromise measure.
The October 2013 mini-continuing resolutions were a set of continuing resolutions that would have provided funding for a limited set of federal agencies during the United States federal government shutdown of 2013. The bills were part of a Republican strategy to fund portions of the government which have bipartisan support, in order to spare those agencies and programs from the effects of the shutdown. The bills all passed the United States House of Representatives during the 113th United States Congress, but were ignored by the United States Senate. These selective continuing resolutions became moot upon the passage of the Continuing Appropriations Act, 2014 which funded the entire government, ending the shutdown.
The Bipartisan Budget Act of 2013 is a federal statute concerning spending and the budget in the United States, that was signed into law by President Barack Obama on December 26, 2013. On December 10, 2013, pursuant to the provisions of the Continuing Appropriations Act, 2014 calling for a joint budget conference to work on possible compromises, Representative Paul Ryan and Senator Patty Murray announced a compromise that they had agreed to after extended discussions between them. The law raises the sequestration caps for fiscal years 2014 and 2015, in return for extending the imposition of the caps into 2022 and 2023, and miscellaneous savings elsewhere in the budget. Overall, the bill is projected to lower the deficit by $23 billion over the long term.
The Consolidated Appropriations Act, 2014 is an omnibus spending bill that packages several appropriation bills together in one larger bill. The 113th United States Congress failed to pass any of the twelve regular appropriations bills before the beginning of Fiscal Year 2014. The Continuing Appropriations Act, 2014 temporarily funded the government from October 1, 2013 to January 15, 2014. A second continuing resolution extended funding until January 18, 2014, giving both the House and the Senate enough time to vote on this bill.
The bill H.J.Res. 106 is a continuing resolution that was introduced into the United States House of Representatives during the 113th United States Congress and was signed into law on January 15, 2014 by President Barack Obama. The bill amended the Continuing Appropriations Act, 2014 to extend the time-period of funding provided by that continuing resolution from January 15, 2014 to January 18, 2014. The extension was intended to give Congress the extra time it needed to pass the Consolidated Appropriations Act, 2014, which would provide the rest of the appropriations for fiscal year 2014. The fiscal year in the United States is the 12-month period beginning on October 1 and ending on September 30 of the next calendar year.
In the United States Congress, an appropriations bill is legislation to appropriate federal funds to specific federal government departments, agencies and programs. The money provides funding for operations, personnel, equipment and activities. Regular appropriations bills are passed annually, with the funding they provide covering one fiscal year. The fiscal year is the accounting period of the federal government, which runs from October 1 to September 30 of the following year. Appropriations bills are under the jurisdiction of the United States House Committee on Appropriations and the United States Senate Committee on Appropriations. Both committees have twelve matching subcommittees, each tasked with working on one of the twelve annual regular appropriations bills.
Every year, the United States Congress is responsible for writing, passing, reconciling, and submitting to the President of the United States a series of appropriations bills that appropriate money to specific federal government departments, agencies, and programs for their use to operate in the subsequent fiscal year. The money provides funding for operations, personnel, equipment, and activities. In 2014, Congress was responsible for passing the appropriations bills that would fund the federal government in fiscal year 2015, which runs from October 1, 2014, to September 30, 2015.
The Continuing Appropriations Resolution, 2015 is a continuing resolution and United States public law that funded the federal government of the United States through December 11, 2014 by appropriating $1 trillion.
The United States Federal Budget for fiscal year 2016 began as a budget proposed by President Barack Obama to fund government operations for October 1, 2015 – September 30, 2016. The requested budget was submitted to the 114th Congress on February 2, 2015.
The 2017 United States federal budget is the United States federal budget for fiscal year 2017, which lasted from October 1, 2016 to September 30, 2017. President Barack Obama submitted a budget proposal to the 114th Congress on February 9, 2016. The 2017 fiscal year overlaps the end of the Obama administration and the beginning of the Trump administration.
The Further Continuing and Security Assistance Appropriations Act, 2017 is a continuing resolution that extended fiscal year 2017 funding for the United States federal government from December 9, 2016 until April 28, 2017. The bill contains a boost to defense spending as well as bipartisan health programs.
The United States federal budget for fiscal year 2018, which ran from October 1, 2017, to September 30, 2018, was named America First: A Budget Blueprint to Make America Great Again. It was the first budget proposed by newly elected president Donald Trump, submitted to the 115th Congress on March 16, 2017.
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 consolidated spending bills in December 2019, the Consolidated Appropriations Act, 2020 and the Further Consolidated Appropriations Act, 2020. A series of supplemental appropriations bills were passed beginning in March 2020 in response to the COVID-19 pandemic.
The United States federal budget for fiscal year 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 American Rescue Plan Act of 2021 was passed as the budget reconciliation bill for FY2021.
The United States federal budget for fiscal year 2024 ran from October 1, 2023, to September 30, 2024.
The United States federal budget for fiscal year 2025 runs from October 1, 2024, to September 30, 2025.