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.

2002 (2002) Budget of the United States federal government
SubmittedApril 9, 2001 [1]
Submitted byGeorge W. Bush
Submitted to107th 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]
WebsiteOffice of Management and Budget
 2001
2003

Total Receipts

2002 Actual Receipts by Source

  Social Security/other payroll tax (37.81%)
  Excise tax (3.61%)
  Customs duties (1.0%)
  Estate and gift taxes (1.43%)
  Other miscellaneous receipts (1.83%)

(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
050National Defense$348,456
150International Affairs$22,315
250General Science, Space and Technology$20,734
270Energy$475
300Natural Resources and Environment$29,426
350Agriculture$21,965
370Commerce and Housing Credit$-407
400Transportation$61,833
450Community and Regional Development$12,981
500Education, Training, Employment and Social Services$70,566
550Health$196,497
570Medicare$230,855
600Income Security$312,720
650Social Security$455,980
700Veterans Benefits and Services$50,929
750Administration of Justice$35,061
800General Government$16,951
900Net Interest$170,949
920Allowances$-
950Undistributed Offsetting Receipts$-47,392
Total$2,010,894
gollark: Potatos or crafTos?
gollark: Ugh. FINE, that'll stay as is.
gollark: I'll edit that.
gollark: I'm also going to make nil not equal nil.
gollark: Anyway, I'm going to make attempt to index nil a thing of the past! Instead it'll be "WHY IS MY PROGRAM ACCESSING POTATOS DATA".

References

  1. "About Budget of the United States Government". Government Publishing Office. Retrieved March 20, 2015.
  2. "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.
  3. "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.
  4. "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.
  5. "Fiscal Year 2016 Budget Historical Tables (Table 1.1)" (PDF). United States Office of Management and Budget. Retrieved October 8, 2015.
  6. "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.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.