2010 United States federal budget

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The United States Federal Budget for Fiscal Year 2010, titled A New Era of Responsibility: Renewing America's Promise, 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.

Video 2010 United States federal budget

Total 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:

• 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

Maps 2010 United States federal budget

Total revenue

(in billions of dollars):

src: www.pewtrusts.org

Deficit

The total deficit for fiscal year 2010 was $1.293 trillion.

src: reason.com

References

src: newunderthesunblog.files.wordpress.com

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

Source of article : Wikipedia