fedBUDGET - Total Budget Displays the relative distribution...

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Unformatted text preview: Total Budget Displays the relative distribution of the 2008 US Federal Discretionary Budget, based on the February 5, 2007 budget request . Expenditures $2.9 Trillion +4% Revenues $2.7 Trillion +5% Corporate income taxes $ 315 Billion- 8% Personal Income taxes $ 1,247 Billion +7% Interest on National Debt $261 Billion +9% Social Security +7% $927 Billion National Debt $ 239 Billion -2% 33% 67% TOTAL OUTLAY: $2.9 Trillion Discretionary Budget $1075 Billion Military, Vets, Homeland Sec, $881 Billion Non National Security, $284 Billion Must be Approved by Congress Paid mostly with Federal Income Taxes Global War on Terror , $145 Billion??? Non Discretionary Budget $1196 Billion Social Security, $608 Billion Medicare, $386 Billion Medicaid (incl SCHIP) $202 Billion Paid mostly with payroll taxes Air Force Army Dept of Defense Intelligence Air Force Navy/Marines War on Terror Department of Defense $481.406 Billion +11% Dept of Defense $77 Billion +7% Former Soviet Union Threat Reduction-6% Missile Defense Agency -6% Defense Health Program -2% Special Operations Command +14% AIR FORCE $136 BILLION +5 PROCUREMENT $34 BILLION Personnel $31 BILLION RDT & E $27 BILLION Operations and Maintenance $41 BILLION Intelligence Budget $45 Billion CLASSIFIED ARMY $130 BILLION + 16 % Operation and Maintenance $37 Billion + 18% Personnel $46 Billion + 8% Procurement $24 Billion + 44% RDT & E $11 Billion - 3% Navy $119...
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This note was uploaded on 10/25/2011 for the course PLSI 200 taught by Professor Schendan during the Spring '08 term at S.F. State.

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fedBUDGET - Total Budget Displays the relative distribution...

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