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The budget for fiscal year 2020 ran from October 1, 2019 to September 30, 2020 and had a deficit of $3.132 trillion. It included funding for the COVID-19 pandemic, the Mexico–United States barrier, and science research, among other initiatives.
Learn about the spending and revenues of the U.S. federal government, the budget process, and the challenges and debates over the deficit and debt. See historical and projected data, charts, and sources from various government agencies.
Learn about the different components and categories of federal, state and local government spending in the US, as well as its historical trends and comparisons. Find out how mandatory, discretionary and defense spending are determined and funded by Congress and the president.
Learn about the major categories and trends of federal spending in the U.S., such as mandatory programs, discretionary spending, and interest costs. Find out which of the following is a major spending category of the federal government: healthcare, Social Security, defense, or interest.
Learn about the history, functions and organization of the U.S. Department of Commerce, an executive agency that promotes economic growth and opportunity. Find out how Herbert Hoover shaped the department as secretary and how it responded to the 2020 data breach.
The FY2021 budget was the last one proposed by the Trump administration, which faced delays and challenges due to the COVID-19 pandemic. The final budget included a large deficit, a consolidated spending bill, and a COVID-19 relief act.
Learn about the three branches of the U.S. federal government: legislative, executive, and judicial, and how they share power and responsibility. The article also covers the history, structure, and functions of each branch, as well as the states' rights and federalism.
The 2020 US presidential election had the highest voter turnout by percentage since 1900, with each of the two main tickets receiving more than 74 million votes. Joe Biden and Kamala Harris defeated Donald Trump and Mike Pence, and became the first Democratic ticket to win Georgia and Arizona since 1992 and 1996 respectively.