2002 United States federal budget
The United States Federal Budget for Fiscal Year 2002, was a spending request by President George W. Bush to fund government operations for October 2001-September 2002. Figures shown in the spending request do not reflect the actual appropriations for Fiscal Year 2002, which must be authorized by Congress.
Submitted | April 9, 2001 [1] |
---|---|
Submitted by | George W. Bush |
Submitted to | 107th Congress |
Total revenue | $2.19 trillion (requested)[2] $1.853 trillion (actual)[3] 17.0% of GDP (actual)[4] |
Total expenditures | $1.96 trillion (requested) $2.01 trillion (actual)[5] 18.5% of GDP (actual)[4] |
Deficit | $157.8 billion (actual)[5] 1.5% of GDP (actual)[4] |
Debt | $6.198 trillion (at fiscal end) 57.0% of GDP[6] |
GDP | $10.877 trillion[4] |
Website | Office of Management and Budget |
‹ 2001 2003 › |
Total Receipts
(in billions of dollars)
Source | Requested[2] | Actual[3] |
---|---|---|
Individual income tax | 1,079 | 858.3 |
Corporate income tax | 219 | 148 |
Social Security and other payroll tax | 726 | 700.7 |
Excise tax | 74 | 67 |
Estate and gift taxes | 29 | 26.5 |
Customs duties | 23 | 18.6 |
Other miscellaneous receipts | 43 | 33.9 |
Total | 2,192 | 1,853 |
Total Outlays
Outlays by budget function (in millions)
Function | Title | Actual |
---|---|---|
050 | National Defense | $348,456 |
150 | International Affairs | $22,315 |
250 | General Science, Space and Technology | $20,734 |
270 | Energy | $475 |
300 | Natural Resources and Environment | $29,426 |
350 | Agriculture | $21,965 |
370 | Commerce and Housing Credit | $-407 |
400 | Transportation | $61,833 |
450 | Community and Regional Development | $12,981 |
500 | Education, Training, Employment and Social Services | $70,566 |
550 | Health | $196,497 |
570 | Medicare | $230,855 |
600 | Income Security | $312,720 |
650 | Social Security | $455,980 |
700 | Veterans Benefits and Services | $50,929 |
750 | Administration of Justice | $35,061 |
800 | General Government | $16,951 |
900 | Net Interest | $170,949 |
920 | Allowances | $- |
950 | Undistributed Offsetting Receipts | $-47,392 |
Total | $2,010,894 |
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References
- "About Budget of the United States Government". Government Publishing Office. Retrieved March 20, 2015.
- "2002 Public Budget Database". Fiscal Year 2002 Public Budget Database. United States Office of Management and Budget. Receipts: Public Budget Database. Retrieved March 15, 2015.
- "2004 Public Budget Database". Fiscal Year 2004 Public Budget Database. United States Office of Management and Budget. Receipts: Public Budget Database. Retrieved March 15, 2015.
- "Table 1.2—SUMMARY OF RECEIPTS, OUTLAYS, AND SURPLUSES OR DEFICITS (–) AS PERCENTAGES OF GDP: 1930–2020" (PDF). Government Publishing Office. Retrieved October 28, 2015.
- "Fiscal Year 2016 Budget Historical Tables (Table 1.1)" (PDF). United States Office of Management and Budget. Retrieved October 8, 2015.
- "Fiscal Year 2016 Budget Historical Tables" (PDF). Office of Management and Budget. Archived from the original (PDF) on 2015-10-21. Retrieved October 28, 2015.
External links
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