NIPA Translation of the Fiscal Year 2021 Federal Budget

摘要

On February 10, 2020, the President submitted the Budget of the United States Government for Fiscal Year 2021 to Congress. This article presents estimates of federal government receipts and expenditures for fiscal years 2020 and 2021 that are consistent with the projected receipts and outlays defined in the budget but measured on a National Income and Product Account (NIPA) basis. These estimates are presented to assist readers in interpreting what the effects of budgeted receipts and outlays would be on aggregate economic activity. They will also be used by the Bureau of Economic Analysis to inform estimates of federal government transactions for the coming year, including the federal government components of gross domestic product (GDP).