United States federal budget, 2009
Encyclopedia
The United States federal budget for fiscal year 2009 was a spending request
by President George W. Bush
to fund government operations for October 2008-September 2009. Figures shown in this article do not reflect the actual appropriations by Congress for Fiscal Year 2009.
The financial cost of the Iraq War
and the War in Afghanistan
are not part of the defense budget; they are appropriations.
of about $11.4 trillion. Actual tax receipts totaled approximately $2.1 trillion - significantly less than the $2.7 trillion expected. The actual deficit in 2009 was $1.4 trillion.
United States federal budget
The Budget of the United States Government is the President's proposal to the U.S. Congress which recommends funding levels for the next fiscal year, beginning October 1. Congressional decisions are governed by rules and legislation regarding the federal budget process...
by President George W. Bush
George W. Bush
George Walker Bush is an American politician who served as the 43rd President of the United States, from 2001 to 2009. Before that, he was the 46th Governor of Texas, having served from 1995 to 2000....
to fund government operations for October 2008-September 2009. Figures shown in this article do not reflect the actual appropriations by Congress for Fiscal Year 2009.
Total receipts
Estimated receipts for fiscal year 2009 are $2.7 trillion (+7.1%).- $1.21 trillion - Individual income tax
- $949.4 billion - Social SecuritySocial Security (United States)In the United States, Social Security refers to the federal Old-Age, Survivors, and Disability Insurance program.The original Social Security Act and the current version of the Act, as amended encompass several social welfare and social insurance programs...
and other payroll taxes - $339.2 billion - Corporate income tax
- $68.9 billion - Excise taxes
- $29.1 billion - Customs duties
- $26.3 billion - Estate and gift taxGift taxA gift tax is a tax imposed on the gratuitous transfer of ownership of property. The United States Internal Revenue Service says a gift is "Any transfer to an individual, either directly or indirectly, where full consideration is not received in return."When a taxable gift in the form of cash,...
es - $47.9 billion - Other
Total spending
The President's budget for 2009 totals $3.1 trillion. Percentages in parentheses indicate percentage change compared to 2008. This budget request is broken down by the following expenditures:- Mandatory spending: $1.89 trillion (+6.2%)
- $644 billion - Social SecuritySocial Security (United States)In the United States, Social Security refers to the federal Old-Age, Survivors, and Disability Insurance program.The original Social Security Act and the current version of the Act, as amended encompass several social welfare and social insurance programs...
- $408 billion - MedicareMedicare (United States)Medicare is a social insurance program administered by the United States government, providing health insurance coverage to people who are aged 65 and over; to those who are under 65 and are permanently physically disabled or who have a congenital physical disability; or to those who meet other...
- $224 billion - MedicaidMedicaidMedicaid is the United States health program for certain people and families with low incomes and resources. It is a means-tested program that is jointly funded by the state and federal governments, and is managed by the states. People served by Medicaid are U.S. citizens or legal permanent...
and the State Children's Health Insurance ProgramState Children's Health Insurance ProgramThe State Children's Health Insurance Program – later known more simply as the Children's Health Insurance Program – is a program administered by the United States Department of Health and Human Services that provides matching funds to states for health insurance to families with children...
(SCHIP) - $360 billion - Unemployment/Welfare/Other mandatory spending
- $260 billion - Interest on National Debt
- $644 billion - Social Security
- Discretionary spending: $1.21 trillion (+4.9%)
- $515.4 billion - United States Department of DefenseUnited States Department of DefenseThe United States Department of Defense is the U.S...
- $145.2 billion(2008*) - Global War on TerrorWar on TerrorismThe War on Terror is a term commonly applied to an international military campaign led by the United States and the United Kingdom with the support of other North Atlantic Treaty Organisation as well as non-NATO countries...
- $70.4 billion - United States Department of Health and Human ServicesUnited States Department of Health and Human ServicesThe United States Department of Health and Human Services is a Cabinet department of the United States government with the goal of protecting the health of all Americans and providing essential human services. Its motto is "Improving the health, safety, and well-being of America"...
- $68.2 billion - United States Department of TransportationUnited States Department of TransportationThe United States Department of Transportation is a federal Cabinet department of the United States government concerned with transportation. It was established by an act of Congress on October 15, 1966, and began operation on April 1, 1967...
- $45.4 billion - United States Department of EducationUnited States Department of EducationThe United States Department of Education, also referred to as ED or the ED for Education Department, is a Cabinet-level department of the United States government...
- $44.8 billion - United States Department of Veterans AffairsUnited States Department of Veterans AffairsThe United States Department of Veterans Affairs is a government-run military veteran benefit system with Cabinet-level status. It is the United States government’s second largest department, after the United States Department of Defense...
- $38.5 billion - United States Department of Housing and Urban DevelopmentUnited States Department of Housing and Urban DevelopmentThe United States Department of Housing and Urban Development, also known as HUD, is a Cabinet department in the Executive branch of the United States federal government...
- $38.3 billion - State and Other International Programs
- $37.6 billion - United States Department of Homeland SecurityUnited States Department of Homeland SecurityThe United States Department of Homeland Security is a cabinet department of the United States federal government, created in response to the September 11 attacks, and with the primary responsibilities of protecting the territory of the United States and protectorates from and responding to...
- $25.0 billion - United States Department of EnergyUnited States Department of EnergyThe United States Department of Energy is a Cabinet-level department of the United States government concerned with the United States' policies regarding energy and safety in handling nuclear material...
- $20.8 billion - United States Department of AgricultureUnited States Department of AgricultureThe United States Department of Agriculture is the United States federal executive department responsible for developing and executing U.S. federal government policy on farming, agriculture, and food...
- $20.3 billion - United States Department of JusticeUnited States Department of JusticeThe United States Department of Justice , is the United States federal executive department responsible for the enforcement of the law and administration of justice, equivalent to the justice or interior ministries of other countries.The Department is led by the Attorney General, who is nominated...
- $17.6 billion - National Aeronautics and Space Administration
- $12.5 billion - United States Department of the TreasuryUnited States Department of the TreasuryThe Department of the Treasury is an executive department and the treasury of the United States federal government. It was established by an Act of Congress in 1789 to manage government revenue...
- $10.6 billion - United States Department of the InteriorUnited States Department of the InteriorThe United States Department of the Interior is the United States federal executive department of the U.S. government responsible for the management and conservation of most federal land and natural resources, and the administration of programs relating to Native Americans, Alaska Natives, Native...
- $10.5 billion - United States Department of LaborUnited States Department of LaborThe United States Department of Labor is a Cabinet department of the United States government responsible for occupational safety, wage and hour standards, unemployment insurance benefits, re-employment services, and some economic statistics. Many U.S. states also have such departments. The...
- $8.4 billion - Social Security AdministrationSocial Security AdministrationThe United States Social Security Administration is an independent agency of the United States federal government that administers Social Security, a social insurance program consisting of retirement, disability, and survivors' benefits...
- $7.1 billion - United States Environmental Protection AgencyUnited States Environmental Protection AgencyThe U.S. Environmental Protection Agency is an agency of the federal government of the United States charged with protecting human health and the environment, by writing and enforcing regulations based on laws passed by Congress...
- $6.9 billion - National Science FoundationNational Science FoundationThe National Science Foundation is a United States government agency that supports fundamental research and education in all the non-medical fields of science and engineering. Its medical counterpart is the National Institutes of Health...
- $6.3 billion - Judicial branchUnited States federal courtsThe United States federal courts make up the judiciary branch of federal government of the United States organized under the United States Constitution and laws of the federal government.-Categories:...
(United States federal courts) - $4.7 billion - Legislative branchUnited States CongressThe United States Congress is the bicameral legislature of the federal government of the United States, consisting of the Senate and the House of Representatives. The Congress meets in the United States Capitol in Washington, D.C....
(United States Congress) - $4.7 billion - United States Army Corps of EngineersUnited States Army Corps of EngineersThe United States Army Corps of Engineers is a federal agency and a major Army command made up of some 38,000 civilian and military personnel, making it the world's largest public engineering, design and construction management agency...
- $0.4 billion - Executive Office of the PresidentExecutive Office of the President of the United StatesThe Executive Office of the President consists of the immediate staff of the President of the United States, as well as multiple levels of support staff reporting to the President. The EOP is headed by the White House Chief of Staff, currently William M. Daley...
- $0.7 billion - Small Business AdministrationSmall Business AdministrationThe Small Business Administration is a United States government agency that provides support to entrepreneurs and small businesses. The mission of the Small Business Administration is "to maintain and strengthen the nation's economy by enabling the establishment and viability of small businesses...
- $7.2 billion - Other agencies
- $39.0 billion(2008*) - Other Off-budget Discretionary Spending
- $515.4 billion - United States Department of Defense
The financial cost of the Iraq War
Financial cost of the Iraq War
The following is a partial accounting of financial costs of the 2003 Iraq War by the United States and the United Kingdom, the two largest non Iraqi participants of the multinational force in Iraq.-Direct costs:...
and the War in Afghanistan
War in Afghanistan (2001–present)
The War in Afghanistan began on October 7, 2001, as the armed forces of the United States of America, the United Kingdom, Australia, and the Afghan United Front launched Operation Enduring Freedom...
are not part of the defense budget; they are appropriations.
Deficit
With projected receipts less than projected outlays, the budget proposed by President Bush predicts a net deficit of approximately $400 billion dollars, adding to a United States governmental debtUnited States public debt
The United States public debt is the money borrowed by the federal government of the United States at any one time through the issue of securities by the Treasury and other federal government agencies...
of about $11.4 trillion. Actual tax receipts totaled approximately $2.1 trillion - significantly less than the $2.7 trillion expected. The actual deficit in 2009 was $1.4 trillion.
External links
- The President's Budget of the United States Government, FY 1996 -- present
- Budget of the United States Government: Browse Fiscal Year 2009 Summary Tables
- Death and Taxes: 2009 A visual guide and infographic of the 2009 United States federal discretionary budget.
- Omnibus Appropriations Act, 2009 , signed into law on March 11, 2009.