2010 United States federal budget explained

See main article: United States federal budget.

Budget of the United States federal government
Year:	2010
Country:	United States
Previous Budget:	2009 United States federal budget
Previous Year:	2009
Next Budget:	2011 United States federal budget
Next Year:	2011
Date Submitted:	February 26, 2009^[1]
Submitter:	Barack Obama
Submitted To:	111th Congress
Total Revenue:	$2.381 trillion (requested) $2.163 trillion (actual)^[2] 14.6% of GDP (actual)
Total Expenditures:	$3.552 trillion (requested) $3.456 trillion (actual) 23.4% of GDP (actual)
Deficit:	$1.171 trillion (requested) $1.294 trillion (actual)^[3] 8.7% of GDP (actual)
Debt:	$13.53 trillion (at fiscal end) 91.4% of GDP^[4]
Gdp:	$14.799 trillion^[5]
Url:	Office of Management and Budget

The United States Federal Budget for Fiscal Year 2010, titled A New Era of Responsibility: Renewing America's Promise,^[6] is a spending request by President Barack Obama to fund government operations for October 2009 - September 2010. Figures shown in the spending request do not reflect the actual appropriations for Fiscal Year 2010, which must be authorized by Congress.

The government was initially funded through two temporary continuing resolutions. Final funding for the government was enacted as an omnibus spending bill, the Consolidated Appropriations Act, 2010, on December 16, 2009.^[7]

Total spending

See also: Government spending. Incoming President Barack Obama's budget request for FY 2010 totaled $3.55 trillion and was passed by Congress on April 29, 2009. Percentages in parentheses indicate percentage changes compared to FY 2009. A breakdown of Obama's budget request includes the following expenditures:^[8]

• Mandatory spending: $2.173 trillion (+14.9%)
  • $695 billion (+4.9%)  - Social Security
  • $571 billion (+58.6%)  - Other mandatory spending
  • $453 billion (+6.6%)  - Medicare
  • $290 billion (+12.0%)  - Medicaid
  • $164 billion (+18.0%)  - Interest on National Debt

• Discretionary spending: $1.378 trillion (+13.8%)
  • $663.7 billion (+12.7%)  - Department of Defense (including Overseas Contingency Operations)
  • $78.7 billion (-1.7%)  - Department of Health and Human Services
  • $72.5 billion (+2.8%)  - Department of Transportation
  • $52.5 billion (+10.3%)  - Department of Veterans Affairs
  • $51.7 billion (+40.9%)  - Department of State and Other International Programs
  • $47.5 billion (+18.5%)  - Department of Housing and Urban Development
  • $46.7 billion (+12.8%)  - Department of Education
  • $42.7 billion (+1.2%)  - Department of Homeland Security
  • $26.3 billion (-0.4%)  - Department of Energy
  • $26.0 billion (+8.8%)  - Department of Agriculture
  • $23.9 billion (-6.3%)  - Department of Justice
  • $18.7 billion (+5.1%)  - National Aeronautics and Space Administration
  • $13.8 billion (+48.4%)  - Department of Commerce
  • $13.3 billion (+4.7%)  - Department of Labor
  • $13.3 billion (+4.7%)  - Department of the Treasury
  • $12.0 billion (+6.2%)  - Department of the Interior
  • $10.5 billion (+34.6%)  - Environmental Protection Agency
  • $9.7 billion (+10.2%)  - Social Security Administration
  • $7.0 billion (+1.4%)  - National Science Foundation
  • $5.1 billion (-3.8%)  - Corps of Engineers
  • $5.0 billion (+100%-NA)  - National Infrastructure Bank
  • $1.1 billion (+22.2%)  - Corporation for National and Community Service
  • $0.7 billion (0.0%)  - Small Business Administration
  • $0.6 billion (-14.3%)  - General Services Administration
  • $0 billion (-100%-NA)  - Troubled Asset Relief Program (TARP)
  • $0 billion (-100%-NA)  - Financial stabilization efforts
  • $11 billion (+275%-NA)  - Potential disaster costs
  • $19.8 billion (+3.7%)  - Other Agencies
  • $105 billion  - Other

Total revenue

(in billions of dollars):

Source	Requested^[9]	Enacted^[10]	Actual^[11]
Individual income tax
Corporate income tax
Social Security and other payroll tax
Excise tax
Estate and gift taxes
Customs duties
Deposits of earnings and Federal Reserve System
Allowance for jobs initiatives	-		-
Other miscellaneous receipts
Total

Deficit

The total deficit for fiscal year 2010 was $1.293 trillion.^[11]

External links

• Status of Appropriations Legislation for Fiscal Year 2010
• Office of Management and Budget
• Proposed FY 2010 Budget
• Remarks by the President on the Fiscal Year 2010 Budget.
• Gale & Auerbach (Brookings)  - Analysis of 2010 Budget
• Budget Proposal and Markups Presidential Proposal and Congressional Documents in convenient form. Senate Version w/ McCain Amendment

Notes and References

1. Web site: Remarks by the President on the Fiscal Year 2010 Budget. 20 March 2015. National Archives. whitehouse.gov. 26 February 2009.
2. Web site: Summary Tables. 2012 Budget of the U.S. Government. United States Office of Management and Budget. 15 March 2013. 14 February 2011.
3. Web site: Table 1.1—SUMMARY OF RECEIPTS, OUTLAYS, AND SURPLUSES OR DEFICITS (–): 1789–2020. Government Publishing Office. October 9, 2015.
4. Web site: Fiscal Year 2016 Budget Historical Tables . Office of Management and Budget . October 8, 2015 . dmy-all .
5. Web site: Table 1.2—SUMMARY OF RECEIPTS, OUTLAYS, AND SURPLUSES OR DEFICITS (–) AS PERCENTAGES OF GDP: 1930–2020. Government Publishing Office. October 8, 2015.
6. Web site: Archived copy . 2010-01-09 . dead . https://web.archive.org/web/20110205005029/http://www.gpoaccess.gov/usbudget/fy10/pdf/fy10-newera.pdf . 5 February 2011 . dmy .
7. Web site: Appropriations for Fiscal Year 2010. U.S. Congress. 2018-03-31.
8. Web site: FY 2010 Budget, 'A New Era of Responsibility' vid. p.119 . . 27 January 2011 . https://web.archive.org/web/20110205005029/http://www.gpoaccess.gov/usbudget/fy10/pdf/fy10-newera.pdf . 5 February 2011 . dead . dmy .
9. Web site: Summary Tables. Fiscal Year 2010 Budget of the U.S. Government. Table S–4: Proposed Budget by Category. United States Office of Management and Budget. 14 March 2015.
10. Web site: Summary Tables. Fiscal Year 2011 Budget of the U.S. Government. Table S–4: Proposed Budget by Category. United States Office of Management and Budget. 14 March 2015.
11. Web site: Summary Tables. Fiscal Year 2012 Budget of the U.S. Government. Table S–4: Proposed Budget by Category. United States Office of Management and Budget. 14 March 2015.