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Total receipts

Estimated receipts for fiscal year 2009 are 2.7 trillion(+7.1%).

• $1.205 trillion - Individual income tax
• $949.4 billion - Social Security 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 taxes
• $47.9 billion - Other

Total spending

A pie chart representing spending by category for the US budget for 2009

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 Security
  • $408 billion - Medicare
  • $224 billion - Medicaid and the State Children’s Health Insurance Program (SCHIP)
  • $360 billion - Unemployment/Welfare/Other mandatory spending
  • $260 billion - Interest on National Debt
• Discretionary spending: $1.21 trillion (+4.9%)
  • $515.4 billion - United States Department of Defense
  • $145.2 billion(2008*) - Global War on Terror
  • $70.4 billion - United States Department of Health and Human Services
  • $59.2 billion - United States Department of Education
  • $44.8 billion - United States Department of Veterans Affairs
  • $38.5 billion - United States Department of Housing and Urban Development
  • $38.3 billion - State and Other International Programs
  • $37.6 billion - United States Department of Homeland Security
  • $25.0 billion - United States Department of Energy
  • $20.8 billion - United States Department of Agriculture
  • $20.3 billion - United States Department of Justice
  • $17.6 billion - National Aeronautics and Space Administration
  • $12.5 billion - United States Department of the Treasury
  • $11.5 billion - United States Department of Transportation
  • $10.6 billion - United States Department of the Interior
  • $10.5 billion - United States Department of Labor
  • $8.4 billion - Social Security Administration
  • $7.1 billion - United States Environmental Protection Agency
  • $6.9 billion - National Science Foundation
  • $6.3 billion - Judicial branch (United States federal courts)
  • $4.7 billion - Legislative branch (United States Congress)
  • $4.7 billion - United States Army Corps of Engineers
  • $0.4 billion - Executive Office of the President
  • $0.7 billion - Small Business Administration
  • $7.2 billion - Other agencies
  • $39.0 billion(2008*) - Other Off-budget Discretionary Spending

The financial cost of the Iraq War and the War in Afghanistan are not part of the defense budget; they are appropriations.

Deficit

With projected receipts significantly less than projected outlays, the budget proposed by President Bush predicts a net deficit of approximately 407 billion dollars, adding to a United States governmental debt of about $10.2 trillion.

Related Posts

• 2008 U.S. Federal Budget
• 2010 U.S. projected Federal Budget
• Socialized spending in 2006 up from 2005
• 2010 National Security budget
• Socialized Spending Out of Control

Tags: corporate income tax, customs duties, estate, excise tax, federal budget, federal deficit, gift, government spending, income tax, medicaid, medicare, military, payroll tax, Social Security, social security tax, Taxes, welfare