1993 United States federal budget

1993 (1993) Budget of the United States federal government
Submitted byGeorge H. W. Bush
Submitted to102nd Congress
Total revenue$1.15 trillion (actual)
17% of GDP (actual)[1]
Total expenditures$1.41 trillion (actual)
20.7% of GDP (actual)[1]
Deficit$255 billion (actual)
2.8% of GDP (actual)[1]
Debt$4.351 trillion (at fiscal end)
64.0% of GDP[2]
GDP$6.795 trillion[1]
‹ 1992
1994

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.

Receipts

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1993 Actual Receipts by Source

  Social Security/other payroll tax (41.6%)
  Excise tax (4.1%)
  Other receipts (4.3%)

(in billions of dollars)

Source Actual[3]

[4]

Individual income tax 509
Corporate income tax 117
Social Security and other payroll tax 428
Excise tax 48
Other miscellaneous receipts 50
Total 1,152

Outlays

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The total outlays for FY1993 was 1.409 trillion dollars as authorized by congress.[1]

Deficit/Surplus

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The budget had an estimated deficit for enacted legislation of $255 billion.
3.8% 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.