See main article: United States federal budget.
Budget of the United States federal government | |
Year: | 2004 |
Country: | United States |
Previous Budget: | 2003 United States federal budget |
Previous Year: | 2003 |
Next Budget: | 2005 United States federal budget |
Next Year: | 2005 |
Submitter: | George W. Bush |
Date Submitted: | February 3, 2003[1] |
Submitted To: | 108th Congress |
Total Revenue: | $1.92 trillion (requested) $1.88 trillion (actual) 15.6% of GDP (actual) |
Total Expenditures: | $2.23 trillion (requested)[2] $2.292 trillion (actual)[3] 19.0% of GDP (actual) |
Deficit: | $307 billion (requested) $412 billion (actual) 3.4% of GDP (actual) |
Debt: | $7.35 trillion (at fiscal end) 60.8% of GDP[4] |
Gdp: | $12.089 trillion[5] |
Url: | Government Publishing Office |
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.
Receipts by source: (in billions of dollars)
Source | Requested[6] | Actual[7] | |
---|---|---|---|
Individual income tax | |||
Corporate income tax | |||
Social Security and other payroll tax | |||
Excise tax | |||
Estate and gift taxes | |||
Customs duties | |||
Other miscellaneous receipts | |||
Total |
Outlays by budget function(in millions)
Function | Title | data-sort-type="currency" | Actual |
---|---|---|---|
050 | National Defense | $ | |
150 | International Affairs | $ | |
250 | General Science, Space and Technology | $ | |
270 | Energy | $ | |
300 | Natural Resources and Environment | $ | |
350 | Agriculture | $ | |
370 | Commerce and Housing Credit | $ | |
400 | Transportation | $ | |
450 | Community and Regional Development | $ | |
500 | Education, Training, Employment and Social Services | $ | |
550 | Health | $ | |
570 | Medicare | $ | |
600 | Income Security | $ | |
650 | Social Security | $ | |
700 | Veterans Benefits and Services | $ | |
750 | Administration of Justice | $ | |
800 | General Government | $ | |
900 | Net Interest | $ | |
920 | Allowances | $ - | |
950 | Undistributed Offsetting Receipts | $ | |
Total | $ |