| Submitted by | Bill Clinton |
|---|---|
| Submitted to | 103rd Congress |
| Country | United States |
| Total revenue | $1.26 trillion(actual) 17.5% of GDP(actual)[1] |
| Total expenditures | $1.46 trillion(actual) 20.3% of GDP(actual)[1] |
| Deficit | $203 billion(actual) 2.8% of GDP(actual)[1] |
| Debt | $4.643 trillion(atfiscal end) 64.5% of GDP[2] |
| GDP | $7.198 trillion[1] |
‹ 1993 1995› | |
The1993 United States federal budget is theUnited States federal budget to fund government operations for thefiscal year 1994, which was October 1993 – September 1994. This budget was the first federal budget submitted byBill Clinton.
(in billions of dollars)
| Source | Actual[3] |
|---|---|
| Individual income tax | 543 |
| Corporate income tax | 140 |
| Social Security and otherpayroll tax | 461 |
| Excise tax | 55 |
| Other miscellaneous receipts | 58 |
| Total | 1,257 |
The total outlays for FY1994 was 1.46 trillion dollars as authorized by congress.[1]
The budget had an estimated deficit for enacted legislation of $203 billion.
2.8% of GDP[1]
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