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
1993 Actual Receipts by Source
Individual income tax (44.1%)
Corporate income tax (10.1%)
Excise tax (4.1%)
Other receipts (4.3%)
(in billions of dollars)
| Source | Actual[3] |
|---|---|
| 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
The total outlays for FY1993 was 1.409 trillion dollars as authorized by congress.[1]
Deficit/Surplus
The budget had an estimated deficit for enacted legislation of $255 billion.
3.8% of GDP[1]
References
- ^ 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.
- ^ "Fiscal Year 2016 Budget Historical Tables" (PDF). Office of Management and Budget. Retrieved October 28, 2015.
- ^ "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.
- ^ "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.