1999_United_States_federal_budget Knowpia

1999 (1999) Budget of the United States federal government
Submitted	February 2, 1998
Submitted by	Bill Clinton
Submitted to	105th Congress
Total revenue	$1.74 trillion (requested); $1.83 trillion (actual); 19.2% of GDP (actual)
Total expenditures	$1.73 trillion (requested); $1.7 trillion (actual); 17.9% of GDP (actual)
Surplus	$126 billion (actual); 1.3% of GDP (actual)
Debt	$5.606 trillion (at fiscal end); 58.9% of GDP
GDP	$9.51 trillion
Website	Office of Management and Budget
	‹ 1998 2000 ›

The Budget of the United States Government Fiscal Year 1999

The United States Federal Budget for Fiscal Year 1999^[8] (FY99) was a spending request by President Bill Clinton to fund government operations for October 1998–September 1999. It was the first balanced Federal budget in 30 years.^[9] In FY99, revenues were 1.82 trillion dollars. Spending was 1.70 trillion dollars, the surplus was $124 billion, and the GDP was 9.2 trillion.

Total Receipts edit

1999 Actual Receipts by Source

Excise tax (3.8%)

Other miscellaneous receipts (1.9%)

(in billions of dollars)

Source	Requested^[2]	Actual^[3]
Individual income tax	791	879
Corporate income tax	198	185
Social Security and other payroll tax	596	612
Excise tax	72	70
Estate and gift taxes	21	28
Customs duties	18	18
Other miscellaneous receipts	47	35
Total	1,743	1,827

Outlays by budget function (in millions)

Function	Title	Actual
050	National Defense	$274,769
150	International Affairs	$15,239
250	General Science, Space and Technology	$18,084
270	Energy	$911
300	Natural Resources and Environment	$23,943
350	Agriculture	$22,879
370	Commerce and Housing Credit	$2,641
400	Transportation	$42,532
450	Community and Regional Development	$11,865
500	Education, Training, Employment and Social Services	$50,605
550	Health	$141,048
570	Medicare	$190,447
600	Income Security	$242,478
650	Social Security	$390,037
700	Veterans Benefits and Services	$43,155
750	Administration of Justice	$26,536
800	General Government	$15,363
900	Net Interest	$229,755
920	Allowances	$-
950	Undistributed Offsetting Receipts	$−40,445
	Total	$1,701,842

^ "About Budget of the United States Government". Government Publishing Office. Retrieved March 20, 2015.
^ ^a ^b "1999 Public Budget Database". Fiscal Year 1999 Public Budget Database. United States Office of Management and Budget. Receipts: Public Budget Database. Retrieved March 15, 2015.
^ ^a ^b "2001 Public Budget Database". Fiscal Year 2001 Public Budget Database. United States Office of Management and Budget. Receipts: Public Budget Database. Retrieved March 15, 2015.
^ ^a ^b ^c ^d "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.
^ Budget of the United States Government, Fiscal Year 2001
^ ^a ^b "Fiscal Year 2016 Budget Historical Tables (Table 1.1)" (PDF). United States Office of Management and Budget. Retrieved October 8, 2015.
^ "Fiscal Year 2016 Budget Historical Tables" (PDF). Office of Management and Budget. Retrieved October 28, 2015.
^ Clinton, William J. (February 2, 1998), Budget of the United States Government, Fiscal Year 1999 (PDF)
^ Clinton, William J. (February 2, 1998), Budget of the United States Government, Fiscal Year 1999 (PDF)

Submitted	February 2, 1998 ^[1]
Submitted by	Bill Clinton
Submitted to	105th Congress
Total revenue	$1.74 trillion (requested)^[2] $1.83 trillion (actual)^[3] 19.2% of GDP (actual)^[4]
Total expenditures	$1.73 trillion (requested)^[5] $1.7 trillion (actual)^[6] 17.9% of GDP (actual)^[4]
Surplus	$126 billion (actual)^[6] 1.3% of GDP (actual)^[4]
Debt	$5.606 trillion (at fiscal end) 58.9% of GDP^[7]
GDP	$9.51 trillion^[4]
Website	Office of Management and Budget
‹ 1998 2000 ›