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TABLE OF CONTENTS
The Budget Message of the President ...........................................................................................................................
Overview of the President’s 2007 Budget ....................................................................................................................

1
3

Expanding Economic Opportunity ...................................................................................................................................
The Nation’s Fiscal Outlook .................................................................................................................................................
Managing for Results ...............................................................................................................................................................

7
15
27

Department of Agriculture....................................................................................................................................................
Department of Commerce ......................................................................................................................................................
Department of Defense............................................................................................................................................................
Department of Education.......................................................................................................................................................
Department of Energy .............................................................................................................................................................
Department of Health and Human Services .............................................................................................................
Department of Homeland Security ..................................................................................................................................
Department of Housing and Urban Development .................................................................................................
Department of the Interior ...................................................................................................................................................
Department of Justice ..............................................................................................................................................................
Department of Labor ................................................................................................................................................................
Department of State and Other International Programs .................................................................................
Department of Transportation ...........................................................................................................................................
Department of the Treasury ................................................................................................................................................
Department of Veterans Affairs.........................................................................................................................................
Corps of Engineers—Civil Works .....................................................................................................................................
Environmental Protection Agency ...................................................................................................................................
National Aeronautics and Space Administration ..................................................................................................
National Science Foundation...............................................................................................................................................
Small Business Administration .........................................................................................................................................
Social Security Administration ..........................................................................................................................................
Other Agencies..............................................................................................................................................................................

39
53
63
77
89
105
131
145
157
169
181
193
215
227
237
247
257
267
273
279
285
295

Summary Tables ..........................................................................................................................................................................

311

Glossary.............................................................................................................................................................................................

337

List of Contributors and Image Credits .......................................................................................................................

341


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102