Total revenue | $4.439 trillion (actual)[1] 16.5% of GDP[1] |
---|---|
Total expenditures | $6.134 trillion (actual)[1] 22.8% of GDP[1] |
Deficit | $1.695 trillion (actual)[1]
6.3% of GDP[1] |
‹ 2022 2024 › |
The United States federal budget for fiscal year 2023 runs from October 1, 2022, to September 30, 2023. The government was initially funded through a series of three temporary continuing resolutions. The final funding package was passed as an omnibus spending bill, the Consolidated Appropriations Act, 2023.
Budget proposal
The Biden administration budget proposal was released in March 2022.[2]
Appropriations legislation
A series of three continuing resolutions were passed to initially fund government operations:[3]
- The Continuing Appropriations and Ukraine Supplemental Appropriations Act, 2023 (Pub. L. 117–180 (text) (PDF)) to December 16
- The Further Continuing Appropriations and Extensions Act, 2023 (Pub. L. 117–229 (text) (PDF)) to December 23
- The Further Additional Continuing Appropriations and Extensions Act, 2023 (Pub. L. 117–264 (text) (PDF)) to December 30
The Consolidated Appropriations Act, 2023 is a $1.7 trillion omnibus spending bill that was signed by President Joe Biden on December 29, 2022.
References
- 1 2 3 4 5 6 7 "Joint Statement of Janet L. Yellen, Secretary of the Treasury, and Shalanda D. Young, Director of the Office of Management and Budget, on Budget Results for Fiscal Year 2023". U.S. Department of the Treasury. October 20, 2023. Retrieved December 3, 2023.
- ↑ "GPO and OMB To Release President Biden's FY2023 Budget" (Press release). United States Government Publishing Office. 24 March 2022. Retrieved 25 December 2022.
- ↑ "Appropriations Watch: FY 2023". Committee for a Responsible Federal Budget. 23 December 2022. Retrieved 2022-12-25.
External links
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