1992 United States federal budget

The United States federal budget for fiscal year 1992 ran from October 1, 1991, to September 30, 1992.

1992 (1992) Budget of the United States federal government
Submitted to102nd Congress
Total revenue$1.1 trillion (actual)[1]
17.0% of GDP[2]
Total expenditures$1.4 trillion (actual)[1]
21.5% of GDP[2]
Deficit$290.3 billion (actual)[1]
4.5% of GDP[2]
GDP$6.4 trillion[2]
 1991
1993 

Revenue

Receipts by source: (in billions of dollars)

Source Actual[3][4]
Individual income tax $476.0
Corporate income tax $100.3
Social Security and other payroll tax $413.7
Excise tax $45.6
Estate and gift taxes $11.1
Customs duties $17.4
Other miscellaneous receipts $27.2
Total $1,091.2

Receipts by Source – Actual

  Social Security/other payroll tax (37.9%)
  Excise tax (4.2%)
  Estate and gift taxes (1.0%)
  Customs duties (1.6%)
  Miscellaneous receipts (2.5%)

Outlays

The total outlays for fiscal year 1992 was 1.4 trillion dollars.
The budget deficit was $290.3 billion, 4.5% of GDP[1]

References

  1. "Budget FY 2022 - Table 1.1 - Summary of Receipts, Outlays, and Surpluses or Deficits (–): 1789–2026" (XLSX). Office of Management and Budget. Historical Tables, Budget of the United States Government, Fiscal Year 2022. Government Publishing Office. May 28, 2021. Retrieved October 31, 2021.
  2. "Budget FY 2022 - Table 1.2 - Summary of Receipts, Outlays, and Surpluses or Deficits (–) as Percentages of GDP: 1930–2026" (XLSX). Office of Management and Budget. Historical Tables, Budget of the United States Government, Fiscal Year 2022. Government Publishing Office. May 28, 2021. Retrieved October 31, 2021.
  3. "Budget FY 2022 - Table 2.1 - Receipts by Source: 1934–2026" (XLSX). Office of Management and Budget. Historical Tables, Budget of the United States Government, Fiscal Year 2022. Government Publishing Office. May 28, 2021. Retrieved October 31, 2021.
  4. "Budget FY 2022 - Table 2.5 - Composition of "Other Receipts": 1940–2026" (XLSX). Office of Management and Budget. Historical Tables, Budget of the United States Government, Fiscal Year 2022. Government Publishing Office. May 28, 2021. Retrieved October 31, 2021.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.