Latest Breaking News On - Outlays for international assistance programs - Page 1 : comparemela.com

<p><span>U.S. Secretary of the Treasury Janet L. Yellen and White House Office of Management and Budget (OMB) Acting Director Shalanda D. Young today released the final budget results for fiscal year (FY) 2021. The deficit in FY 2021 was $360 billion less than in the prior fiscal year, reflecting an improved economy due in part to the American Rescue Plan Act of 2021 (ARP) and COVID-19 vaccination rollout. The 2021 deficit was $897 billion less than forecast in the President&rsquo;s 2022 Budget and $342 billion less than estimated in the 2022 Mid-Session Review.&nbsp;</span><span>&nbsp;As a percentage of gross domestic product (GDP), the deficit was 2.6 percentage points lower than in the previous year.&nbsp;</span><span>&nbsp;The FY 2021 deficit was $2.8 trillion.</span></p>

United statesShalandad youngJanetl yellenShalanda youngOutlays for the federal communications commissionOutlays for the social security administrationRisk management agencyDepartment of defenseEmergency capital investment fundHospital insurance hi trust fundCommodity credit corporationDevelopment block grantEmergency rental assistance programRural digital opportunity fundEmergency connectivity fundOutlays for the homeowner assistance fund