1997 United States federal budget

none United States federal budget Budget of the United States federal government 1997 United States 1996 United States federal budget 1996 1998 United States federal budget 1998 February 5, 1996 http://www.gpo.gov/help/about_budget_of_the_united_states_government.htm About Budget of the United States Government Government Publishing Office March 20, 2015 Bill Clinton 104th Congress $1.5 trillion (requested)$1.58 trillion (actual)18.6% of GDP (actual) $1.64 trillion (requested)Budget of the United States Government, Fiscal Year 1997$1.60 trillion (actual)http://www.gpo.gov/fdsys/pkg/BUDGET-2016-TAB/pdf/BUDGET-2016-TAB.pdf#page=29 Fiscal Year 2016 Budget Historical Tables (Table 1.1) United States Office of Management and Budget October 8, 201518.9% of GDP (actual) $21.9 billion (actual)0.3% of GDP (actual) $5.369 trillion (at fiscal end)63.3% of GDPhttps://obamawhitehouse.archives.gov/sites/default/files/omb/budget/fy2016/assets/hist.pdf#page=158 Fiscal Year 2016 Budget Historical Tables Office of Management and Budget October 28, 2015 $8.483 trillionhttp://www.gpo.gov/fdsys/pkg/BUDGET-2016-TAB/pdf/BUDGET-2016-TAB.pdf#page=32 Table 1.2—SUMMARY OF RECEIPTS, OUTLAYS, AND SURPLUSES OR DEFICITS (–) AS PERCENTAGES OF GDP: 1930–2020 Government Publishing Office October 28, 2015 Government Publishing Office The United States Federal Budget for Fiscal Year 1997,FY1997 Budget Supplement http://www.gpoaccess.gov/usbudget/fy97/pdf/supp.pdf https://web.archive.org/web/20090810053754/http://www.gpoaccess.gov//usbudget/fy97/pdf/supp.pdf 2009-08-10 dead 2009-10-03 was a spending request by President Bill Clinton to fund government operations for October 1996-September 1997. Figures shown in the spending request do not reflect the actual appropriations for Fiscal Year 1997, which must be authorized by Congress. The requested budget was submitted to Congress on February 5, 1996. Overview The stated objectives for President Clinton's FY1997 budget are to: (1) Balance the federal budget within seven years by making cuts in entitlements and discretionary spending while enacting modest tax cuts and (2) Maintaining growth while protecting senior citizens, middle-class families and children. The Clinton Administration projected a US$40 billion surplus by 2002. A key aspect of the FY1997 budget is what was known as the "trigger". The trigger program essentially ensured that tax cuts after 2000 would end if the deficit was not at least US$20 billion below the Congressional Budget Office's estimate. Conversely, if the deficit was at least US$20 billion below CBO estimates then the tax cuts would continue and the money exceeding the US$20 estimate is used to reduce discretionary spending. Total Receipts 1997 Actual Receipts by Source Individual income tax 46.7 #447C70 Social Security/other payroll tax 34.1 #A1C490 Corporate income tax 11.5 #006000 Excise tax 3.7 #00A000 Estate and gift taxes 1.3 #A8F96C Customs duties 1.1 #648029 Other miscellaneous receipts 1.6 #D5E9CF (in billions of dollars) SourceRequestedhttp://www.gpo.gov/fdsys/pkg/BUDGET-1997-TAB/pdf/BUDGET-1997-TAB-4-1.pdf Fiscal Year 1997 Budget Historical Tables 1997 Historical Tables Table 2.1 - Receipts by Source: 1934-2002 United States Office of Management and Budget March 15, 2015 http://www.gpo.gov/fdsys/pkg/BUDGET-1997-TAB/pdf/BUDGET-1997-TAB-4-5.pdf Fiscal Year 1997 Budget Historical Tables 1997 Historical Tables Table 2.2 - Composition of "Other Receipts" United States Office of Management and Budget March 15, 2015Actualhttp://www.gpo.gov/fdsys/pkg/BUDGET-1999-TAB/pdf/BUDGET-1999-TAB-4-1.pdf Fiscal Year 1999 Budget Historical Tables 1999 Historical Tables Table 2.1 - Receipts by Source: 1934-2003 United States Office of Management and Budget March 15, 2015 http://www.gpo.gov/fdsys/pkg/BUDGET-1999-TAB/pdf/BUDGET-1999-TAB-4-5.pdf The Budget for Fiscal Year 1999, Budget Historical Tables 1999 Historical Tables Table 2.5 - Composition of "Other Receipts" United States Office of Management and Budget March 15, 2015Individual income tax Corporate income tax Social Security and other payroll tax Excise tax Estate and gift taxes Customs duties Other miscellaneous receipts Total Total spending Government spending The President's budget for FY1997 totals $1.635 trillion. Percentages in parentheses indicate estimated percentage change compared to 1996. This budget request is broken down by the following expenditures: Mandatory spending: $1.093 trillion (+XX.X%) $364.8 billion (+X.X%) - Social Security $187.4 billion (+X.X%) - Medicare $105.6 billion (+XX.X%) - Medicaid $103.9 billion (-XX%) - Means-tested entitlements $-4.3 billion (-XX%) - Deposit Insurance $138.1 billion (-X.X%) - Other mandatory programs $-41 billion (+XX.X%) - Undistributed off-setting receipts $238.5 billion (+XX.X%) - Interest on National Debt Discretionary spending: $542.3 billion (+1.1%) $2.4 (0.1%)- Legislative Branch $3.2 (0.3%) - The Judiciary $0.2 (0.0%) - Executive Office of the President $12.1 (-0.2%) - Presidential Appropriated Funds $251.8 billion (-7.0%) - Department of Defense (including Overseas Contingency Operations) $33.3 billion (+1.4%) - Department of Health and Human Services $35.4 billion (-0.8%) - Department of Transportation $19.1 billion (+0.4%) - Department of Veterans Affairs $5.0 billion (0.0%) - Department of State and Other International Programs $33.2 billion (+3.0%) - Department of Housing and Urban Development $25.0 billion (0.0%) - Department of Education $16.7 billion (-0.1%) - Department of Energy $15.3 billion (-0.4%) - Department of Agriculture $14.9 billion (+2.9%) - Department of Justice $13.7 billion (-0.5%) - National Aeronautics and Space Administration $4.1 billion (+0.2%) - Department of Commerce $10.2 billion (0.0%) - Department of Labor $11.3 billion (+0.8%) - Department of the Treasury $7.3 billion (0.0%) - Department of the Interior $6.7 billion (+0.1%) - Environmental Protection Agency $5.4 billion (+0.5%) - Social Security Administration $0.8 billion (-0.2%) - Small Business Administration $0.5 billion (+0.1%) - General Services Administration $0.2 billion (0.0%) - Office of Personnel Management $14.0 billion (0.0%) - Other Agencies $0.5 billion - Other programs Deficit July 2010 Debt increases July 2010 Causes of Change in CBO Forecasts July 2010 Renewable energy July 2010 References 30em 1997 Category:1997 in American politics United States federal budget