Difference between revisions of "United States Budget"

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(fixed flaw in calculations, Social Security number was off, updating to 2013 data)
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The following is a summary of the U.S. Budget, 2011 (last year for certain data, as opposed to estimates - uses 2013 budgetary data)<ref>[http://www.gpo.gov/fdsys/search/pagedetails.action?granuleId=BUDGET-2013-TAB-3-2&packageId=BUDGET-2013-TAB&fromBrowse=true Federal Government Outlays by Function, Table 3.2 - Outlays by Superfunction and Function: 1962–2017]. ''U.S. Government Printing Office''.</ref>. The four largest expenses, Health, Military, Social Security, and Income Security, account for 79.57% of the total budget; $2.79 Trillion. All other budgetary expenses combined account for 20.43% of the total budget; $702 Billion.
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The following is a summary of the U.S. Budget, 2011 (last year for certain data, as opposed to estimates - uses 2013 budgetary data)<ref>[http://www.gpo.gov/fdsys/search/pagedetails.action?granuleId=BUDGET-2013-TAB-3-2&packageId=BUDGET-2013-TAB&fromBrowse=true Federal Government Outlays by Function, Table 3.2 - Outlays by Superfunction and Function: 1962–2017]. ''U.S. Government Printing Office''.</ref>. The four largest expenses, Health, Military, Social Security, and Income Security, account for 82.48% of the total budget; $2.89 Trillion. All other budgetary expenses combined account for 19.99% of the total budget; $702 Billion.
  
  
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|align="center"| $862.10
 
|align="center"| $862.10
 
|align="center"| 24.56%
 
|align="center"| 24.56%
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| Social Security
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|align="center"| 650
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|align="center"| $629.82
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|align="center"| 20.85%
 
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|-
 
| Military
 
| Military
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|align="center"| $717.42
 
|align="center"| $717.42
 
|align="center"| 20.44%
 
|align="center"| 20.44%
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|-
 
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| Social Security
 
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|align="center"| 650
 
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|align="center"| $629.82
 
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|align="center"| 17.94%
 
 
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|-
 
| Income Security
 
| Income Security
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|-
 
|-
 
| style="padding-left: 4em" colspan="2" | '''Major Expenses'''
 
| style="padding-left: 4em" colspan="2" | '''Major Expenses'''
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|align="center" | '''$2,793.01'''
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|align="center" | '''$2,894.92'''
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|align="center"| '''79.57%'''
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|align="center"| '''82.48%'''
 
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|-
 
| Interest on Debt
 
| Interest on Debt
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| style="padding-left: 4em" | Undistributed Offsetting Receipts
 
| style="padding-left: 4em" | Undistributed Offsetting Receipts
 
|align="center"| 950
 
|align="center"| 950
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|align="center"| -$71.40
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|align="center"| -$86.49
 
|align="center"| -2.46%
 
|align="center"| -2.46%
 
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Revision as of 19:49, July 24, 2012

The following is a summary of the U.S. Budget, 2011 (last year for certain data, as opposed to estimates - uses 2013 budgetary data)[1]. The four largest expenses, Health, Military, Social Security, and Income Security, account for 82.48% of the total budget; $2.89 Trillion. All other budgetary expenses combined account for 19.99% of the total budget; $702 Billion.


Category Sections Expense (Billions) Budget %
Health 550, 570 $862.10 24.56%
Social Security 650 $629.82 20.85%
Military 050 $717.42 20.44%
Income Security 600 $583.67 16.63%
Major Expenses $2,894.92 82.48%
Interest on Debt 900 $230.47 6.57%
Veterans Benefits & Services 700 $123.12 3.51%
Transportation 400 $86.51 2.46%
Education, Training, Employment, & Social Services 500 $76.54 2.18%
International Affairs 150 $53.59 1.53%
Administration of Justice 750 $53.58 1.53%
Natural Resources & Environment 300 $35.35 1.01%
General Science, Space, & Technology 250 $29.65 0.84%
General Government 800 $23.86 0.68%
Agriculture 350 $21.51 0.61%
Community & Regional Development 450 $14.88 0.42%
Energy 270 $6.69 0.19%
Allowances 920 $0.0 0.00%
Commerce & Housing Credit 370 -$54.21 -1.54%
Lesser Expenses $701.54 19.99%
Undistributed Offsetting Receipts 950 -$86.49 -2.46%
Total Budget Authority $3,509.97 100.00%

References