See main article: United States federal budget.
| Budget of the United States federal government | |
| Year: | 1994 |
| Country: | United States |
| Previous Budget: | 1993 United States federal budget |
| Previous Year: | 1993 |
| Next Budget: | 1995 United States federal budget |
| Next Year: | 1995 |
| Submitter: | Bill Clinton |
| Submitted To: | 103rd Congress |
| Total Revenue: | $1.26 trillion (actual) 17.5% of GDP (actual) |
| Total Expenditures: | $1.46 trillion (actual) 20.3% of GDP (actual) |
| Deficit: | $203 billion (actual) 2.8% of GDP (actual) |
| Debt: | $4.643 trillion (at fiscal end) 64.5% of GDP[1] |
| Gdp: | $7.198 trillion[2] |
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.
(in billions of dollars)
| Source | Actual[3] [4] | |
|---|---|---|
| Individual income tax | ||
| Corporate income tax | ||
| Social Security and other payroll tax | ||
| Excise tax | ||
| Other miscellaneous receipts | ||
| Total |
The total outlays for FY1994 was 1.46 trillion dollars as authorized by congress.[2]
The budget had an estimated deficit for enacted legislation of $203 billion.
2.8% of GDP[2]