Rahul Sharma (Editor)

2010 United States federal budget

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Covid-19
Submitted  February 26, 2009
Submitted to  111th Congress
Submitted by  Barack Obama
Passed  Passed [1]
2010 United States federal budget
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:

  • Mandatory spending: $2.173 trillion (+14.9%)
  • $695 billion (+4.9%) – Social Security
  • $571 billion (+58.6%) – Other mandatory spending
  • $453 billion (+6.6%) – Medicare
  • $290 billion (+12.0%) – Medicaid
  • $164 billion (+18.0%) – Interest on National Debt
  • Discretionary spending: $1.378 trillion (+13.8%)
  • $663.7 billion (+12.7%) – Department of Defense (including Overseas Contingency Operations)
  • $78.7 billion (−1.7%) – Department of Health and Human Services
  • $72.5 billion (+2.8%) – Department of Transportation
  • $52.5 billion (+10.3%) – Department of Veterans Affairs
  • $51.7 billion (+40.9%) – Department of State and Other International Programs
  • $47.5 billion (+18.5%) – Department of Housing and Urban Development
  • $46.7 billion (+12.8%) – Department of Education
  • $42.7 billion (+1.2%) – Department of Homeland Security
  • $26.3 billion (−0.4%) – Department of Energy
  • $26.0 billion (+8.8%) – Department of Agriculture
  • $23.9 billion (−6.3%) – Department of Justice
  • $18.7 billion (+5.1%) – National Aeronautics and Space Administration
  • $13.8 billion (+48.4%) – Department of Commerce
  • $13.3 billion (+4.7%) – Department of Labor
  • $13.3 billion (+4.7%) – Department of the Treasury
  • $12.0 billion (+6.2%) – Department of the Interior
  • $10.5 billion (+34.6%) – Environmental Protection Agency
  • $9.7 billion (+10.2%) – Social Security Administration
  • $7.0 billion (+1.4%) – National Science Foundation
  • $5.1 billion (−3.8%) – Corps of Engineers
  • $5.0 billion (+100%-NA) – National Infrastructure Bank
  • $1.1 billion (+22.2%) – Corporation for National and Community Service
  • $0.7 billion (0.0%) – Small Business Administration
  • $0.6 billion (−14.3%) – General Services Administration
  • $0 billion (−100%-NA) – Troubled Asset Relief Program (TARP)
  • $0 billion (−100%-NA) – Financial stabilization efforts
  • $11 billion (+275%-NA) – Potential disaster costs
  • $19.8 billion (+3.7%) – Other Agencies
  • $105 billion – Other
  • 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


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