8/7/2023 0 Comments Pie chart of us budget 2016![]() Mandatory expenditures, such as Social Security, Medicare, and the Supplemental Nutrition Assistance Program, account for about 65 of the budget. ![]() Actual CBO Long- term Outlook A comparison of federal receipts for FY 2020 estimated in various federal budgets against the actual receipts in FY 2020. Key Takeaways President Biden’s budget for FY 2022 totals 6.011 trillion, eclipsing all other previous budgets. The CFO’s office directs and coordinates all the development, execution, and oversight activities involving budget, performance, and finance for DOT's programs and staff offices. Federal Budget Budget Estimated Budget Actual Budget Est. Government Government efficiency, transparency and accountability Deficit reduction Policy paper Budget 2016: documents This is the Budget in full. DOT's budget, performance, and financial management activities are overseen by the Office of the Chief Financial Officer and Assistant Secretary for Budget and Programs, also known as the CFO’s office. ![]()
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