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1995 United States federal budget

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1995 (1995) Budget of the United States federal government
Submitted byBill Clinton
Submitted to103rd Congress
Total revenue$1.35 trillion (actual)
17.8% of GDP (actual)[1]
Total expenditures$1.52 trillion (actual)
20% of GDP (actual)[1]
Deficit$164 billion (actual)
2.2% of GDP (actual)[1]
Debt$4.925 trillion (at fiscal end)
64.9% of GDP[2]
GDP$7.583 trillion[1]
‹ 1994
1996

The 1995 United States federal budget is the United States federal budget to fund government operations for the fiscal year 1995, which was October 1994 – September 1995. This budget was the last to be submitted before the Republican Revolution in the 1994 midterm elections.

Receipts

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1995 Actual Receipts by Source

  Social Security/other payroll tax (35.8%)
  Excise tax (4.2%)
  Other receipts (4.6%)

(in billions of dollars)

Source Actual[3]

[4]

Individual income tax 590
Corporate income tax 157
Social Security and other payroll tax 484
Excise tax 57
Other miscellaneous receipts 63
Total 1,351

Outlays

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The total outlays for FY1995 was 1.52 trillion dollars as authorized by congress.[1]

Deficit/Surplus

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The budget had an estimated deficit for enacted legislation of $164 billion.
2.2% of GDP[1]


References

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  1. ^ a b c d e f "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.
  2. ^ "Fiscal Year 2016 Budget Historical Tables" (PDF). Office of Management and Budget. Retrieved October 28, 2015.
  3. ^ "1999 Historical Tables" (PDF). Fiscal Year 1999 Budget Historical Tables. United States Office of Management and Budget. Table 2.1 - Receipts by Source: 1934-2003. Retrieved March 15, 2015.
  4. ^ "1999 Historical Tables" (PDF). The Budget for Fiscal Year 1999, Budget Historical Tables. United States Office of Management and Budget. Table 2.5 - Composition of "Other Receipts". Retrieved March 15, 2015.