United States federal budget
The United States federal budget is a federal document which outlines funding recommendations for the next
fiscal year, which begins on October 1st. The American Congress develops a budget
resolution, based on recommendations from the
The President's Budget
The figures in the President's budget that is submitted to congress do not necessarily match those of the final budget as appropriated by congress. There is often significant disparity between the two. The President's budget also contains only projections for revenue and the resulting surplus or deficit. Actual budget data for prior years is available from the Congressional Budget Office.[1]
Each year, on the first Monday in February, the President of the United States submits his budget request to Congress for the following fiscal year:
- United States federal budget, 2008 - $2.9 trillion (submitted 2007 by President Bush)[2]
- United States federal budget, 2007 - $2.8 trillion (submitted 2006 by President Bush)
United States federal budget, 2006 - $2.6 trillion (submitted 2005 by President Bush)- United States federal budget, 2005 - $2.4 trillion (submitted 2004 by President Bush)
- United States federal budget, 2004 - $2.2 trillion (submitted 2003 by President Bush)
- United States federal budget, 2003 - $2.1 trillion (submitted 2002 by President Bush)
- United States federal budget, 2002 - $2.0 trillion (submitted 2001 by President Bush)
- United States federal budget, 2001 - $1.8 trillion (submitted 2000 by
President Clinton ) - United States federal budget, 2000 - $1.8 trillion (submitted 1999 by
President Clinton ) - United States federal budget, 1999 - $1.7 trillion (submitted 1998 by
President Clinton ) - United States federal budget, 1998 - $1.7 trillion (submitted 1997 by
President Clinton ) - United States federal budget, 1997 - $1.6 trillion (submitted 1996 by
President Clinton ) - United States federal budget, 1996 - $1.6 trillion (submitted 1995 by
President Clinton )
See also
- United States public debt
- United States budget process
- National debt by U.S. presidential terms - Includes federal spending and GDP
References
- ^ Historical budgets - from the Congressional Budget Office
- ^ http://www.cnn.com/2007/POLITICS/02/05/bush.budget.ap/index.html
The End
External links
- The President's Budget of the United States Government, FY 1996 -- present
- TheBudgetGraph.com A large representation graph and poster of the 2008 federal discretionary budget.
- The Heritage Foundation's "Federal Revenue and Spending Chart Book"
- FederalSpending.org "Federal Contracts and Grants"
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