Submitted February 26, 2009 | Passed Passed [1] | |
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Total revenue $2.381 trillion (requested)$2.163 trillion (actual)14.6% of GDP (actual) Total expenditures $3.552 trillion (requested)$3.456 trillion (actual)23.4% of GDP (actual) |
The United States Federal Budget for Fiscal Year 2010, titled A New Era of Responsibility: Renewing America's Promise, is a spending request by President Barack Obama to fund government operations for October 2009–September 2010. Figures shown in the spending request do not reflect the actual appropriations for Fiscal Year 2010, which must be authorized by Congress.
Contents
Total spending
Incoming President Barack Obama's budget request for FY 2010 totaled $3.55 trillion and was passed by Congress on April 29, 2009. Percentages in parentheses indicate percentage changes compared to FY 2009. A breakdown of Obama's budget request includes the following expenditures:
Total revenue
(in billions of dollars):
Deficit
The total deficit for fiscal year 2010 was $1.293 trillion.
References
2010 United States federal budget Wikipedia(Text) CC BY-SA