1993 United States federal budget
The 1993 United States federal budget is the United States federal budget to fund government operations for the fiscal year 1993, which was October 1992 – September 1993. This budget was the final federal budget submitted by George H. W. Bush before he was defeated by Bill Clinton in the 1992 United States presidential election.
| Submitted by | George H. W. Bush |
|---|---|
| Submitted to | 102nd Congress |
| Total revenue | $1.15 trillion (actual) 17% of GDP (actual)[1] |
| Total expenditures | $1.41 trillion (actual) 20.7% of GDP (actual)[1] |
| Deficit | $255 billion (actual) 2.8% of GDP (actual)[1] |
| Debt | $4.351 trillion (at fiscal end) 64.0% of GDP[2] |
| GDP | $6.795 trillion[1] |
‹ 1992 1994 › | |
Receipts
1993 Actual Receipts by Source
Other receipts (4.3%)
(in billions of dollars)
| Source | Actual[3] |
|---|---|
| Individual income tax | 509 |
| Corporate income tax | 117 |
| Social Security and other payroll tax | 428 |
| Excise tax | 48 |
| Other miscellaneous receipts | 50 |
| Total | 1,152 |
Outlays
The total outlays for FY1993 was 1.409 trillion dollars as authorized by congress.[1]
Deficit/Surplus
The budget had an estimated deficit for enacted legislation of $255 billion.
3.8% of GDP[1]
References
- "Table 1.2—SUMMARY OF RECEIPTS, OUTLAYS, AND SURPLUSES OR DEFICITS (–) AS PERCENTAGES OF GDP: 1930–2020" (PDF). Government Publishing Office. Retrieved October 28, 2015.
- "Fiscal Year 2016 Budget Historical Tables" (PDF). Office of Management and Budget. Retrieved October 28, 2015.
- "1999 Historical Tables" (PDF). Fiscal Year 1999 Budget Historical Tables. United States Office of Management and Budget. Table 2.1 - Receipts by Source: 1934-2003. Retrieved March 15, 2015.
- "1999 Historical Tables" (PDF). The Budget for Fiscal Year 1999, Budget Historical Tables. United States Office of Management and Budget. Table 2.5 - Composition of "Other Receipts". Retrieved March 15, 2015.
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