Mandatory Spending in Fiscal Year 2020
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THE FEDERAL BUDGET IN FISCAL YEAR 2020 A CLOSER REVENUES, $3.4 TRILLION OUTLAYS, $6.6 TRILLION Net Interest LOOK AT $0.3 T Mandatory Discretionary $ $ 2020 4.6 T 1.6 T MANDATORY SPENDING Primarily payments for benefit programs for which laws set eligibility rules and benefit formulas $4.6 $1.9 21.8% 11.7% Trillion Trillion of GDP of GDP Mandatory outlays (net Outlays for Mandatory outlays Average mandatory of osetting receipts) by Social Security and (net of osetting outlays (net of GLANCE the federal government Medicare (net of receipts) in 2020 osetting receipts) in 2020 osetting receipts) between 2000 in 2020 and 2019 AT A AT MANDATORY SPENDING IN 2020 Billions of Dollars 1,450 917 458 74 Other Major Health Medicare Medicaid Care Programs 1,090 945 144 Disability Insurance Social Security Old-Age and Survivors Insurance Supplemental Supplemental Nutrition Other Security Income Assistance 341 275 133 105 86 57 57 Program Income Security1,052 Programs COVID−19 Unemployment Recovery Other Compensation Rebates Unemployment Earned Income, Compensation Child, and Other Tax Credits 526 149 118 184 Other Other 977Programs Paycheck Protection Program Coronavirus Student Relief Fund Loan Programs 0.1 Other 171 109 62 Funds collected by government agencies from other government Federal Civilian and Military accounts or from the public that are credited as an oset to gross Military Retirement Civilian spending. Osetting receipts include Medicare premiums, intragovernmental payments for federal employees’ retirement, 110 12 Other and receipts related to natural resources (such as those from oil Veterans’ 122Programs and gas exploration and development). Income Security −282 -282 Osetting Receipts −300 0 300 600 900 1,200 1,500 MANDATORY SPENDING IN 2000 AND 2020 Percentage of GDP 2000 2020 Change, as a Percentage of GDP Major Health Care Programs 3.6 Medicare 2.2 Medicaid 1.0 Other 0.3 Social Security 1.2 Old−Age and Survivors Insurance 1.0 Disability Insurance 0.1 Income Security Programs 3.7 COVID−19 Unemployment Compensation 1.6 Recovery Rebates 1.3 Other Unemployment Compensation 0.4 Earned Income, Child, and Other Tax Credits 0.2 Supplemental Nutrition Assistance Program 0.2 Supplemental Security Income 0 Other -0.1 Federal Civilian and Military Retirement -0.1 Veterans’ Programs 0.3 Other Programs 4.2 Paycheck Protection Program 2.5 Coronavirus Relief Fund 0.7 Osetting Receipts -0.5 −2.0 −1.0 0 1.0 2.0 3.0 4.0 5.0 6.0 7.0 Prepared by Christine Bogusz, Dan Ready, and Jorge Salazar All data are for federal fiscal years, Source: Congressional Budget Oce, April 2021 which run from October 1 to September 30. Numbers may not add up to totals because of rounding..