2002 United States federal budget
| Submitted | April 9, 2001 [1] |
|---|---|
| Submitted by | George W. Bush |
| Submitted to | 107th 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] |
| Website | Office of Management and Budget |
|
‹ 2001 2003› | |
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.
Total Receipts
[edit]2002 Actual Receipts by Source
Individual income tax (46.32%)
Corporate income tax (7.99%)
Excise tax (3.61%)
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
[edit]Outlays by budget function (in millions)
| Function | Title | Actual |
|---|---|---|
| 050 | National Defense | $348,456 |
| 150 | International Affairs | $22,315 |
| 250 | General Science, Space and Technology | $20,734 |
| 270 | Energy | $475 |
| 300 | Natural Resources and Environment | $29,426 |
| 350 | Agriculture | $21,965 |
| 370 | Commerce and Housing Credit | $−407 |
| 400 | Transportation | $61,833 |
| 450 | Community and Regional Development | $12,981 |
| 500 | Education, Training, Employment and Social Services | $70,566 |
| 550 | Health | $196,497 |
| 570 | Medicare | $230,855 |
| 600 | Income Security | $312,720 |
| 650 | Social Security | $455,980 |
| 700 | Veterans Benefits and Services | $50,929 |
| 750 | Administration of Justice | $35,061 |
| 800 | General Government | $16,951 |
| 900 | Net Interest | $170,949 |
| 920 | Allowances | $- |
| 950 | Undistributed Offsetting Receipts | $−47,392 |
| Total | $2,010,894 |
References
[edit]- ^ "About Budget of the United States Government". Government Publishing Office. Retrieved March 20, 2015.
- ^ a b "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.
- ^ a b "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.
- ^ a b c d "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.
- ^ a b "Fiscal Year 2016 Budget Historical Tables (Table 1.1)" (PDF). United States Office of Management and Budget. Retrieved October 8, 2015.
- ^ "Fiscal Year 2016 Budget Historical Tables" (PDF). Office of Management and Budget. Retrieved October 28, 2015.
External links
[edit]
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