1995 United States federal budget

The 1995 United States federal budget is the United States federal budget to fund government operations for the fiscal year 1995, which was October 1994 – September 1995. This budget was the last to be submitted before the Republican Revolution in the 1994 midterm elections.

Main article: United States federal budget
1995 (1995) Budget of the United States federal government
Submitted byBill Clinton
Submitted to103rd Congress
Total revenue$1.35 trillion (actual)
17.8% of GDP (actual)[1]
Total expenditures$1.52 trillion (actual)
20% of GDP (actual)[1]
Deficit$164 billion (actual)
2.2% of GDP (actual)[1]
Debt$4.925 trillion (at fiscal end)
64.9% of GDP[2]
GDP$7.583 trillion[1]
‹ 1994
1996 ›

Receipts
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1995 Actual Receipts by Source

  Individual income tax (43.7%)
  Social Security/other payroll tax (35.8%)
  Corporate income tax (11.6%)
  Excise tax (4.2%)
  Other receipts (4.6%)

(in billions of dollars)

Source Actual[3]

[4]

Individual income tax 590
Corporate income tax 157
Social Security and other payroll tax 484
Excise tax 57
Other miscellaneous receipts 63
Total 1,351

Outlays

The total outlays for FY1995 was 1.52 trillion dollars as authorized by congress.[1]

Deficit/Surplus

The budget had an estimated deficit for enacted legislation of $164 billion.
2.2% of GDP[1]


References
  1. "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.
  2. "Fiscal Year 2016 Budget Historical Tables" (PDF). Office of Management and Budget. Retrieved October 28, 2015.
  3. "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.
  4. "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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