2008 United States federal budget

none United States federal budget Budget of the United States federal government 2008 United States 2007 United States federal budget 2007 2009 United States federal budget 2009 February 5, 2007https://www.congress.gov/crec/2007/02/05/CREC-2007-02-05.pdf#page=14 14 PDF THE BUDGET MESSAGE OF THE PRESIDENT Washington February 5, 2007 congress.gov Congressional Record Proceedings and Debates of the 110th Congress, 1st Session Vol. 153, No. 21 — Daily George W. Bush 110th Congress $2.662 trillion (requested)http://www.gpo.gov/fdsys/pkg/BUDGET-2008-BUD/pdf/BUDGET-2008-BUD-30.pdf 2008 Budget Summary Tables Government Publishing Office October 8, 2015$2.524 trillion (actual)http://www.gpo.gov/fdsys/pkg/BUDGET-2010-TAB/pdf/BUDGET-2010-TAB.pdf#page=26 2010 Historical Tables Government Publishing Office October 8, 201517.1% of GDP (actual) $2.902 trillion (requested)$2.983 trillion (actual)20.2% of GDP (actual) $239 billion (requested)$458.6 billion (actual)3.1% of GDP (actual) $9.986 trillion (at fiscal end)67.7% of GDP (actual)https://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 8, 2015 $14.752 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 8, 2015 Office of Management and Budget The 2008 United States Federal Budget began as a proposal by President George W. Bush to fund government operations for October 1, 2007 – September 30, 2008. The requested budget was submitted to the 110th Congress on February 5, 2007. The government was initially funded through a series of four temporary continuing resolutions. Final funding for the Department of Defense was enacted on November 13, 2007 as part of the Department of Defense Appropriations Act, 2008, while the remaining departments and agencies were funded as part of an omnibus spending bill, the Consolidated Appropriations Act, 2008, on December 26, 2007.https://www.congress.gov/resources/display/content/Appropriations+for+Fiscal+Year+2008 Appropriations for Fiscal Year 2008 U.S. Congress 2018-03-31 Total receipts 2008 Actual Receipts by Source Individual income tax 45.4 #447C70 Social Security/other payroll tax 35.7 #A1C490 Corporate income tax 12.0 #006000 Excise tax 2.7 #00FF99 Deposits of earnings and Federal Reserve System 1.3 #00A000 Estate and gift taxes 1.1 #A8F96C Customs duties 1.1 #648029 Other miscellaneous receipts 0.7 #D5E9CF Receipts by source: (in billions of dollars) SourceRequestedhttp://www.gpo.gov/fdsys/pkg/BUDGET-2008-DB/xls/BUDGET-2008-DB-3.xls Fiscal Year 2008 Public Budget Database 2008 Public Budget Database Receipts: Public Budget Database United States Office of Management and Budget 14 March 2015Actualhttp://www.gpo.gov/fdsys/pkg/BUDGET-2010-BUD/pdf/BUDGET-2010-BUD.pdf#page=125 Fiscal Year 2010 Budget of the U.S. Government Summary Tables Table S–4: Proposed Budget by Category United States Office of Management and Budget 14 March 2015Individual income tax Corporate income tax Social Security and other payroll tax Excise tax Estate and gift taxes Customs duties Deposits of earnings and Federal Reserve System - Other miscellaneous receipts Total Total spending Government spending The President's budget for 2008 totals $2.9 trillion. Percentages in parentheses indicate percentage change compared to 2007. This budget request is broken down by the following expenditures: Mandatory spending: $1.788 trillion (+4.2%) $608 billion (+4.5%) – Social Security $386 billion (+5.2%) – Medicare $209 billion (+5.6%) – Medicaid and the State Children's Health Insurance Program (SCHIP) $324 billion (+1.8%) – Unemployment/Welfare/Other mandatory spending $261 billion (+9.2%) – Interest on National Debt Discretionary spending: $1.114 trillion (+3.1%) $481.4 billion (+12.1%) – Department of Defense $145.2 billion (+45.8%) – Global War on Terror $69.3 billion (+0.3%) – Department of Health and Human Services $56.0 billion (+0.0%) – Department of Education $39.4 billion (+18.7%) – Department of Veterans Affairs $35.2 billion (+1.4%) – Department of Housing and Urban Development $35.0 billion (+22.0%) – Department of State and Other International Programs $34.3 billion (+7.2%) – Department of Homeland Security $24.3 billion (+6.6%) – Department of Energy $20.2 billion (+4.1%) – Department of Justice $20.2 billion (+3.1%) – Department of Agriculture $17.3 billion (+6.8%) – National Aeronautics and Space Administration $12.1 billion (+13.1%) – Department of Transportation $12.1 billion (+6.1%) – Department of the Treasury $10.6 billion (+2.9%) – Department of the Interior $10.6 billion (-9.4%) – Department of Labor $51.8 billion (+9.7%) – Other On-budget Discretionary Spending $39.0 billion – Other Off-budget Discretionary Spending The Iraq War and the War in Afghanistan are not included in the regular budget. Instead they are funded through special appropriations.Backgrounder: Iraq, Afghanistan, and the U.S. Economy Deficit With projected receipts significantly less than projected outlays, the budget proposed by President Bush predicts a net deficit of approximately 240 billion dollars. The actual deficit was 454.8 billion. References 30em External links Status of Appropriations Legislation for Fiscal Year 2008 The President's Budget of the United States Government, FY 1996 -- present 2008 Category:2008 in American politics United States federal budget