Can Federal Cutbacks Really Sustain Our Country
April 22, 2008
Budget of the United States Government –Fiscal Year 2009
Fiscal Year (FY) 2009 Budget Documents & Performance Information
Trustees Report Reaffirms Medicare Facing Oncoming Fiscal Train Wreck
Republican Budget Alternatives Support President’s Principles
Proposed FY2009 Budget Continues – Commitment to Healthy Lands Initiative
Deficit Figures Underscore Need to Restrain Spending
The Federal Budget, 2004–2009 -(in billions of dollars)
| Description | Actual 2004 |
Actual 2005 |
Estimates | |||
|---|---|---|---|---|---|---|
| 2006 | 2007 | 2008 | 2009 | |||
| Receipts by source | ||||||
| Individual income taxes | $809.0 | $927.2 | $997.6 | $1,096.4 | $1,208.5 | $1,268.4 |
| Corporate income taxes | 189.4 | 278.3 | 277.1 | 260.6 | 268.5 | 277.1 |
| Social insurance and retirement receipts | 733.4 | 794.1 | 841.1 | 884.1 | 932.1 | 980.7 |
| Excise taxes | 69.9 | 73.1 | 73.5 | 74.6 | 75.9 | 77.5 |
| Estate and gift taxes | 24.8 | 24.8 | 27.5 | 23.7 | 24.4 | 26.0 |
| Customs duties and fees | 21.1 | 23.4 | 25.9 | 28.1 | 31.4 | 31.7 |
| Miscellaneous receipts: | ||||||
| Federal Reserve deposits | 19.7 | 19.3 | 27.5 | 32.7 | 35.4 | 38.5 |
| All other | 13.1 | 13.7 | 15.3 | 15.7 | 14.0 | 14.2 |
| Total receipts | $1,880.3 | $2,153.9 | $2,285.5 | $2,415.9 | $2,590.3 | $2,714.2 |
| Outlays by function | ||||||
| National defense | 455.9 | 495.3 | 535.9 | 527.4 | 494.4 | 494.3 |
| International affairs | 26.9 | 34.6 | 34.7 | 33.3 | 33.5 | 34.0 |
| General science, space, and technology | 23.1 | 23.7 | 24.0 | 25.4 | 26.6 | 27.8 |
| Energy | –0.2 | 0.4 | 2.6 | 1.0 | 1.9 | 1.3 |
| Natural resources and environment | 30.7 | 28.0 | 32.7 | 31.0 | 29.5 | 29.3 |
| Agriculture | 15.4 | 26.6 | 26.8 | 25.7 | 23.5 | 21.9 |
| Commerce and housing credit | 5.3 | 7.6 | 9.1 | 11.2 | 8.1 | 7.4 |
| Transportation | 64.6 | 67.9 | 71.6 | 76.3 | 76.8 | 78.0 |
| Community and regional development | 15.8 | 26.3 | 52.0 | 28.2 | 21.1 | 20.7 |
| Education, training, employment, and social services | 87.9 | 97.5 | 109.7 | 87.6 | 86.8 | 85.8 |
| Health | 240.1 | 250.6 | 268.8 | 280.9 | 293.6 | 308.6 |
| Medicare | 269.4 | 298.6 | 343.0 | 392.0 | 404.3 | 426.4 |
| Income security | 333.1 | 345.8 | 360.6 | 367.2 | 375.6 | 383.1 |
| Social security | 495.5 | 523.3 | 554.7 | 585.9 | 616.3 | 649.7 |
| Veterans’ benefits and services | 59.8 | 70.2 | 70.4 | 73.9 | 79.0 | 81.5 |
| Administration of justice | 45.6 | 40.0 | 41.3 | 44.3 | 42.4 | 42.6 |
| General government | 22.3 | 17.0 | 19.1 | 20.2 | 22.8 | 18.8 |
| Net interest | 160.2 | 184.0 | 220.1 | 247.3 | 272.4 | 291.4 |
| Allowances | — | — | 3.7 | 5.5 | 3.1 | 2.6 |
| Undistributed offsetting receipts | –58.5 | –65.2 | –72.4 | –94.3 | –98.1 | –83.6 |
| Total outlays | $2,293.0 | $2,472.2 | $2,708.7 | $2,770.1 | $2,813.6 | $2,921.8 |
Source: Department of the Treasury and Office of Management and Budget.
Federal Pay Caught Up in Fiscal 2009 Budget Debates
THE DUBIOUS PRIORITIES OF THE PRESIDENT’S FY 2009 BUDGET
And then of course, Taxpayer money still leaks from less publicized places
as noticed by 
Project On Government Oversight (POGO)
States condition:
TruthHugger 
Comments are closed.