Final FY 2021 Appropriations along with Coronavirus Relief Funding

Published: December 21, 2020

Federal Market AnalysisBudgetCoronavirus (COVID-19) Pandemic

The bill, expected to pass the House and Senate today, will provide $1.4T to fund the federal government through the end of fiscal year 2021 and $900B in coronavirus aid.

Today the U.S. House and Senate are expect to vote on and pass legislation for additional coronavirus relief and to fund the federal government through the end of the fiscal year. President Trump is expected to sign the bill. The consolidated appropriations bills will provide $1.4T in discretionary funding for fiscal year (FY) 2021. Congress passed four Continuing Resolutions (CR) to keep the federal government funded through midnight tonight.

Totals by bill division for the Consolidated Appropriations Act for 2021 are listed below:

The massive consolidated appropriations package provides nearly $158B for military personnel, which is $1B less than requested. It provides $192B for DOD operations and maintenance, $4.4B less than requested, and $136B for DOD procurement, $5.7B more than the request. The budget package also provides $13.5B to the Department of Treasury, which includes $11.9B for the IRS.  IRS funding includes $2.6B for taxpayer services and $3.9B for IRS operations support.  The bill provides $25.3B for the Department of Transportation, $39.6B for Energy, $13.7B for Interior and $96.5B for HHS which is $2B above FY 2020 enacted levels.

Education will be funded at $73.5B, an increase of $785M, and Labor at $12.5B, an increase of $97M. The legislation provides VA with $104.4B in discretionary funds, a $12.5B increase, and $90B for VA medical care, a $9.8B increase from the last year.  The Homeland Security budget includes $15B for Customs and Border Protection (CBP), $21.7B for FEMA, and $12.8B for the Coast Guard. $33.8B is allotted for the Department of Justice, $8.9B for Commerce, and $23.3B for NASA.

The coronavirus relief legislation will provide $8-$9B to fund vaccine distribution, $600 stimulus checks to most Americans, an additional $284B for the Paycheck Protection Program, $120B for unemployment benefits, and an extension of the CARES Act program that allows contractors to keep employees on the payroll even if federal facilities close.

Deltek’s Federal Market Analysis team will provide a more detailed breakdown of the legislation and associated funding next week.