2001 United States federal budget

Last updated

2001 (2001) Budget of the United States federal government
SubmittedFebruary 7, 2000 [1]
Submitted by Bill Clinton
Submitted to 106th Congress
Total revenue$2.02 trillion (requested) [2]
$1.99 trillion (actual) [3]
18.8% of GDP (actual) [4]
Total expenditures$1.835 trillion [5]
$1.863 trillion (actual) [6]
17.6% of GDP (actual) [4]
Surplus$128 billion (actual) [6]
1.2% of GDP (actual) [4]
Debt$5.77 trillion (at fiscal end)
54.6% of GDP [7]
GDP $10.565 trillion [4]
Website Office of Management and Budget
  2000
2002  

The United States Federal Budget for Fiscal Year 2001, was a spending request by President Bill Clinton to fund government operations for October 2000-September 2001. Figures shown in the spending request do not reflect the actual appropriations for Fiscal Year 2001, which must be authorized by Congress.

Contents

Total Receipts

2001 Actual Receipts by Source

   Social Security/other payroll tax (34.9%)
   Excise tax (3.3%)
   Estate and gift taxes (1.4%)
   Customs duties (1.0%)
  Other miscellaneous receipts (1.9%)

(in billions of dollars)

SourceRequested [2] Actual [3]
Individual income tax 972994
Corporate income tax 195151
Social Security and other payroll tax 682694
Excise tax 7766
Estate and gift taxes 3228
Customs duties 2119
Other miscellaneous receipts4038
Total2,0191,991

Total Outlays

Outlays by budget function (in millions)

FunctionTitleActual
050National Defense$304,732
150International Affairs$16,485
250General Science, Space and Technology$19,753
270Energy$9
300Natural Resources and Environment$25,532
350Agriculture$26,252
370Commerce and Housing Credit$5,731
400Transportation$54,447
450Community and Regional Development$11,773
500Education, Training, Employment and Social Services$57,094
550Health$172,233
570Medicare$217,384
600Income Security$269,774
650Social Security$432,958
700Veterans Benefits and Services$44,974
750Administration of Justice$30,201
800General Government$14,358
900Net Interest$206,167
920Allowances$-
950Undistributed Offsetting Receipts$−47,011
Total$1,862,846

Related Research Articles

The 2006 United States Federal Budget began as a proposal by President George W. Bush to fund government operations for October 1, 2005 – September 30, 2006. The requested budget was submitted to the 109th Congress on February 7, 2005.

The budget of the United States government for fiscal year 2007 was produced through a budget process involving both the legislative and executive branches of the federal government. While the Congress has the constitutional "power of the purse," the President and his appointees play a major role in budget deliberations. Since 1976, the federal fiscal year has started on October 1 of each year.

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 United States federal budget for fiscal year 2009 began as a spending request submitted by President George W. Bush to the 110th Congress. The final resolution written and submitted by the 110th Congress to be forwarded to the President was approved by the House on June 5, 2008.

2010 United States federal budget United States budget request

The United States Federal Budget for Fiscal Year 2010, titled A New Era of Responsibility: Renewing America's Promise, is a spending request by President Barack Obama to fund government operations for October 2009–September 2010. Figures shown in the spending request do not reflect the actual appropriations for Fiscal Year 2010, which must be authorized by Congress.

The United States Federal Budget for Fiscal Year 1997, was a spending request by President Bill Clinton to fund government operations for October 1996-September 1997. Figures shown in the spending request do not reflect the actual appropriations for Fiscal Year 1997, which must be authorized by Congress. The requested budget was submitted to Congress on February 5, 1996.

The 2011 United States federal budget was the United States federal budget to fund government operations for the fiscal year 2011. The budget was the subject of a spending request by President Barack Obama. The actual appropriations for Fiscal Year 2011 had to be authorized by the full Congress before it could take effect, according to the U.S. budget process.

The Budget of the United States Government Fiscal Year 1999 (FY99) was a spending request by President Bill Clinton to fund government operations for October 1998–September 1999. It was the first balanced Federal budget in 30 years. In FY99, revenues were 1.82 trillion dollars. Spending was 1.70 trillion dollars, the surplus was $124 billion, and the GDP was 9.2 trillion.

The 2004 United States Federal Budget began as a proposal by President George W. Bush to fund government operations for October 1, 2003 – September 30, 2004. The requested budget was submitted to the 108th Congress on February 3, 2003.

The 1996 United States federal budget is the United States federal budget to fund government operations for the fiscal year 1996, which was October 1995 – September 1996. This budget was the first to be submitted after the Republican Revolution in the 1994 midterm elections. Disagreements between Democratic President Bill Clinton and Republicans led by Speaker of the House Newt Gingrich resulted in the United States federal government shutdown of 1995 and 1996.

The United States Federal Budget for Fiscal Year 1998, was a spending request by President Bill Clinton to fund government operations for October 1997 – September 1998. Figures shown in the spending request do not reflect the actual appropriations for Fiscal Year 1998, which must be authorized by Congress.

The United States Federal Budget for Fiscal Year 2000, was a spending request by President Bill Clinton to fund government operations for October 1999-September 2000. Figures shown in the spending request do not reflect the actual appropriations for Fiscal Year 2000, which must be authorized by Congress.

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.

The 2003 United States Federal Budget began as a proposal by President George W. Bush to fund government operations for October 1, 2002 – September 30, 2003. The requested budget was submitted to the 107th Congress on February 4, 2002.

The 2005 United States Federal Budget began as a proposal by President George W. Bush to fund government operations for October 1, 2004 – September 30, 2005. The requested budget was submitted to the 108th Congress on February 2, 2004.

The 2014 United States federal budget is the budget to fund government operations for the fiscal year (FY) 2014, which began on October 1, 2013 and ended on September 30, 2014.

2015 United States federal budget U.S. budget from October 1, 2014 to September 30, 2015

The 2015 United States federal budget was the federal budget for fiscal year 2015, which runs from October 1, 2014 to September 30, 2015. The budget takes the form of a budget resolution which must be agreed to by both the United States House of Representatives and the United States Senate in order to become final, but never receives the signature or veto of the President of the United States and does not become law. Until both the House and the Senate pass the same concurrent resolution, no final budget exists. Actual U.S. federal government spending will occur through later appropriations legislation that would be signed into law.

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.

The 1994 United States federal budget is the United States federal budget to fund government operations for the fiscal year 1994, which was October 1993 – September 1994. This budget was the first federal budget submitted by Bill Clinton.

The 1993 United States federal budget is the United States federal budget to fund government operations for the fiscal year 1993, which was October 1992 – September 1993. This budget was the final federal budget submitted by George H.W. Bush before he was defeated by Bill Clinton in the 1992 United States presidential election.

References

  1. "About Budget of the United States Government". Government Publishing Office. Retrieved March 20, 2015.
  2. 1 2 "2001 Public Budget Database". Fiscal Year 2001 Public Budget Database. United States Office of Management and Budget. Receipts: Public Budget Database. Retrieved March 15, 2015.
  3. 1 2 "2003 Public Budget Database". Fiscal Year 2003 Public Budget Database. United States Office of Management and Budget. Receipts: Public Budget Database. Retrieved March 15, 2015.
  4. 1 2 3 4 "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.
  5. Budget of the United States Government, Fiscal Year 2001
  6. 1 2 "Fiscal Year 2016 Budget Historical Tables (Table 1.1)" (PDF). United States Office of Management and Budget. Retrieved October 8, 2015.
  7. "Fiscal Year 2016 Budget Historical Tables" (PDF). Office of Management and Budget. Retrieved October 28, 2015.