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1 The Federal Budget in Fiscal Year 2020 [1] (April 30, 2021)

handle is hein.congrec/fbfyttw0001 and id is 1 raw text is: THE FEDERAL BUDGET IN FISCAL YEAR Manda Spend 21.8%$ of GDP T rmr urn adotnr Medicaid 2.2% of GDP $458 Billion Paycheck Protection Program 2.5% of GD $526 Billion F I IAm - Lu< W 1971 Taxes trtnat fudsc nua proasirmrySc Seuty n ecr' Ex-se taxes, es-tate andg t tae,customs duites, rettan:e< from itne Federai Feserve, and Net tory Interest ling 1.6% $345 of GDP Billion $4.6 Trillion Outlays 31.2% s6.6 of GDP Trillion x P Unemployment Compensation 2.3% of GDP $473 Billion Recovery Rebates 1.3% of GDP $275 Billion eos Discretionary Spending 7.8% s1.6 of GDP Trillion ta- S nspta- l to , A t, vPter a ofit mandatoy rogr n us noe tr ortsettng cet Federal Deficits or Surpluses, 1971 to 2020 Percentage of Gross Domestic Product 5 0 -10 -15 Average Deficit, 1971 to 2020 1980 1990 2000 2010 2020 s3.1 100% 44 Trillion of GDP of G Deficit in Debt held by the Debt held 2020 public at the end public, on of 2020 over the pas Federal Debt Held by the Public, 1971 to 2020 Percentage of Gross Domestic Product 100 75 Average Debt, 1071 to 2020 50 25 M 0 1971 1980 1990 2000 2010 2 0 Prepared by Christine Bogusz, Dan Ready, and Jorge Salazar Source: Congressional Budget Office, April 2021 All data are for federal fiscal years, which run from October 1 to September 30. Numbers may not add up to totals because of rounding. -I 020 i

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