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SUMMARY TABLES

(Dollar amounts in billions)
2005
Budget Totals:
Receipts .......................................................
Outlays .........................................................

2006

2007

2008

2009

2010

2011

2,154
2,472

2,285
2,709

2,416
2,770

2,590
2,814

2,714
2,922

2,878
3,061

3,035
3,240

.....................................................

318

423

354

223

208

183

205

Gross Domestic Product (GDP) ..............

12,290

13,030

13,761

14,521

15,296

16,102

16,955

Budget Totals as a Percent of GDP:
Receipts .......................................................
Outlays .........................................................

17.5%
20.1%

17.5%
20.8%

17.6%
20.1%

17.8%
19.4%

17.7%
19.1%

17.9%
19.0%

17.9%
19.1%

2.6%

3.2%

2.6%

1.5%

1.4%

1.1%

THE BUDGET FOR FISCAL YEAR 2007

Table S–1. Budget Totals

1.2%

Deficit

Deficit

.....................................................

313

314

Table S–2. Discretionary Totals
(Net budget authority; dollar amounts in billions)

2006
2007
Enacted Request

Change:
2006–2007
Dollar

Percent

Discretionary budget authority:
Department of Defense .........................................................................................
Homeland Security (non-Department of Defense) ......................................
Other Operations of Government ......................................................................

410.8
32.1
400.4

439.3
33.1
398.3

28.5
1.0
2.2

6.9%
3.3%
0.5%

Total, Discretionary budget authority .............................................................

843.3

870.7

27.3

3.2%

Enacted supplemental and emergency funding:
Global War on Terror ..............................................................................................
Hurricane Response 1 ..........................................................................................
Pandemic Influenza Preparedness ...................................................................

50.0
4.6
3.8

Total, Enacted supplemental and emergency funding

..........................

58.4

Estimated future emergency requests: 2
Global War on Terror .............................................................................................
Hurricane Response .............................................................................................
Pandemic Influenza Preparedness ..................................................................

70.0
18.0
—

50.0
—
2.3

Total, Estimated future emergency requests ..............................................

88.0

52.3

1
2

In total, $84.5 billion has been provided in 2005 and 2006 for response to the Gulf Coast Hurricanes through both discretionary and mandatory
emergency funding, including amounts for the Social Services Block Grant and Flood Insurance.
Estimated future emergency needs are included as Allowances in the 2007 Budget. The Administration anticipates transmitting official requests
for these funds at a later time.

SUMMARY TABLES

(Net budget authority; dollar amounts in billions)
Growth:
Agency

2001
Actual

2006
2007
Enacted Request

2006–2007
Dollar

Agriculture.....................................................................................................
Commerce ....................................................................................................
Defense .........................................................................................................
Education ......................................................................................................
Energy ............................................................................................................
Health and Human Services ..................................................................
Homeland Security ....................................................................................
Housing and Urban Development ........................................................
Interior ............................................................................................................
Justice ............................................................................................................
Labor...............................................................................................................
State and Other International Programs............................................
Transportation..............................................................................................
Treasury .........................................................................................................
Veterans Affairs...........................................................................................
Corps of Engineers ...................................................................................
Environmental Protection Agency ........................................................
Executive Office of the President .........................................................
Judicial Branch ............................................................................................
Legislative Branch......................................................................................
National Aeronautics and Space Administration ............................
National Science Foundation .................................................................
Social Security Administration...............................................................
Other Agencies ...........................................................................................
Total, Discretionary Spending

..............................................................

Percent

Average

Cumulative

2001–2007

2001–2007

19.2
5.1
302.5
40.1
20.0
54.0
14.0
28.4
10.3
18.4
11.9
21.7
14.6
10.3
22.4
4.7
7.8
0.3
4.0
2.8
14.3
4.4
6.0
6.7

21.1
6.4
410.8
56.5
23.5
69.2
30.5
34.3
10.8
21.0
11.3
30.2
14.6
11.5
33.1
5.3
7.6
0.3
5.3
3.8
16.3
5.6
7.3
6.9

19.7
6.1
439.3
54.4
23.6
67.6
30.9
33.6
10.1
19.5
10.9
33.9
13.2
11.6
35.7
4.7
7.3
0.3
5.9
4.3
16.8
6.0
7.9
7.3

1.4
0.2
28.5
2.1
0.0
1.6
0.4
0.6
0.6
1.5
0.4
3.7
1.4
0.1
2.6
0.6
0.3
0.0
0.5
0.5
0.5
0.4
0.5
0.4

6.5%
3.7%
6.9%
3.8%
0.1%
2.3%
1.3%
1.8%
5.9%
7.2%
3.9%
12.2%
9.4%
0.5%
8.0%
11.2%
4.0%
0.6%
9.9%
12.1%
3.2%
7.9%
6.8%
6.0%

0.4%
3.1%
6.4%
5.2%
2.7%
3.8%
14.1%
2.9%
0.2%
1.0%
1.5%
7.7%
1.6%
1.9%
8.1%
0.2%
1.1%
4.0%
6.7%
7.6%
2.8%
5.2%
4.5%
1.5%

2.5%
20.4%
45.2%
35.7%
17.6%
25.2%
121.0%
18.7%
1.2%
6.0%
8.7%
55.8%
9.3%
12.3%
59.5%
1.0%
6.6%
26.4%
47.9%
55.1%
17.8%
35.9%
30.2%
9.3%

643.8

843.3

870.7

27.3

3.2%

5.2%

THE BUDGET FOR FISCAL YEAR 2007

Table S–3. Growth in Discretionary Budget Authority by Major Agency

35.2%

Note: Supplementals and emergencies, both enacted and anticipated, are excluded.

315

316

Table S–4. Discretionary Funding By Appropriations Subcommittee
(Net budget authority in billions of dollars)
2006
2007
Change
Enacted Request 2006–2007

Appropriations Subcommittee
Agriculture and Rural Development ....................................................................................
Defense .........................................................................................................................................
Energy and Water Development...........................................................................................
Foreign Operations ....................................................................................................................
Homeland Security ....................................................................................................................
Interior and Environment .........................................................................................................
Labor, Health and Human Services, and Education .....................................................
Legislative Branch......................................................................................................................
Military Quality of Life and Veterans Affairs ......................................................................
Science, State, Justice, and Commerce ............................................................................
Transportation, Treasury, Housing and Urban Development, Judiciary, and
District of Columbia...............................................................................................................
Allowances ...................................................................................................................................
Total, excluding supplemental and emergency funding

................................

18.5
399.2
30.1
20.7
30.5
25.9
141.8
3.8
45.2
58.7

17.2
423.2
29.4
23.7
30.9
25.2
137.8
4.2
52.5
59.7

1.3
24.0
0.7
3.0
0.4
0.8
4.0
0.5
7.3
1.0

68.8
—

67.1
0.4

1.8
0.4

843.3

870.7

27.3

Notes: Supplementals and emergencies, both enacted and anticipated, are excluded.
The House and Senate adopted different spending committee structures in the 2006 appropriations season.
This table is consistent with the structures in which the 2006 appropriations bills were enacted.

SUMMARY TABLES

(Budget authority in millions of dollars)
2006
Enacted

Supplemental

2007
Request

Homeland Security Funding:
Agriculture ..........................................................................................................
Commerce ..........................................................................................................
Defense-Military (DOD) 1 ............................................................................
Energy .................................................................................................................
Health and Human Services .......................................................................
Homeland Security..........................................................................................
Interior..................................................................................................................
Justice ..................................................................................................................
State .....................................................................................................................
Transportation ...................................................................................................
Treasury ..............................................................................................................
Veterans Affairs ................................................................................................
Corps of Engineers .........................................................................................
Environmental Protection Agency .............................................................
General Services Administration ...............................................................
National Aeronautics and Space Administration ..................................
National Science Foundation ......................................................................
Smithsonian Institution ..................................................................................
Social Security Administration ....................................................................
Other Agencies.................................................................................................
Total, Homeland Security Funding 2 ......................................................

564
181
16,441
1,704
4,300
25,503
56
2,976
1,107
182
117
310
72
129
99
213
344
83
177
304
54,862

—
—
—
—
—
173
—
16
—
—
—
—
—
—
—
—
—
—
—
—
189

650
218
16,699
1,700
4,565
27,776
55
3,279
1,213
206
134
314
43
183
96
203
387
80
184
297
58,282

Less, Defense-Military (DOD) .....................................................................
Less, Mandatory Homeland Security Funding 3 .................................
Less, Discretionary Fee-Funded Activities 4 ........................................
Net Non-DOD Discretionary Homeland Security 2 ..........................

16,441
2,232
4,127
32,062

—
—
—
189

THE BUDGET FOR FISCAL YEAR 2007

Table S–5. Homeland Security Funding By Agency

16,699
2,455
6,019
33,109

1
2
3
4

317

Reported DOD homeland security funding has been revised upward in all years to reflect better estimating methodologies for DOD homeland
security programs. See the Homeland Security Funding Analysis chapter of the Analytical Perspectives volume for more details.
Amounts are rounded to the nearest million at the account level, which accounts for any discrepancies with the Homeland Security Funding
Analysis chapter in the Analytical Perspectives volume.
Mandatory homeland security programs include Agriculture Quarantine and Inspections, Border Protection, and Immigration Enforcement.
Discretionary fee-funded homeland security programs include Visa Processing, Airport Security, and Social Security physical and computer
security measures.

318

Table S–6. Mandatory Proposals
(In millions of dollars)

2006

2008

2009

2010

Total

2011

2007–2011 2007–2016

—
—

1,081
76

1,079
154

945
155

965
159

917
162

4,988
706

8,933
1,585

—
—

—
1,157

1
1,234

1
1,101

1
1,125

1
1,080

4
5,698

9
10,527

—

1

50

72

80

96

299

347

—

20

40

50

50

50

210

460

—
—
—
—
—

2,452
723
2
22
3,155

5,485
876
1
5
6,357

7,948
1,062
3
55
8,958

9,343
1,116
5
27
10,491

10,663
1,168
6
61
11,898

35,891
4,945
17
6
40,859

105,016
11,859
60
1
116,936

—
—

—
—

3,502
3,502

2
2

503
503

3
3

4,010
4,010

4,025
4,025

—

—

3,502

2

503

3

4,010

4,025

—
—
—
—
—

1
7
23
5
36

28
10
23
27
3,590

40
10
23
27
102

42
10
23
27
605

71
10
23
24
131

182
47
115
110
4,464

351
97
230
209
4,912

SUMMARY TABLES

Reforms Resulting in Savings:
Agriculture:
Commodity Program changes ....................................................
Restrict Food Stamp categorical eligibility .............................
Allow State Food Stamp agencies to access the National
Directory of New Hires (NDNH) .............................................
Subtotal, Agriculture ..............................................................
Defense:
Increase National Defense Stockpile Sales ...........................
Energy:
Repeal Oil and Gas Research and Development
Program ..........................................................................................
Health and Human Services:
Medicare .............................................................................................
Medicaid/State Children’s Health Insurance Program .......
Child Support Enforcement .........................................................
Child Welfare Program option .....................................................
Subtotal, Health and Human Services ................................
Interior:
Arctic National Wildlife Refuge lease bonuses:
State of Alaska’s share:
Receipts .....................................................................................
Expenditures ............................................................................
Federal share:
Receipts .....................................................................................
Amend Bureau of Land Management (BLM) Land Sale
Authority .........................................................................................
Eliminate BLM Range Improvement Fund .............................
Recover Pick-Sloan Project Cost...............................................
Repeal Energy Bill Fee Prohibition ...........................................
Subtotal, Interior ..........................................................................

2007

(In millions of dollars)

2006
Labor:
Reform Pension Benefit Guaranty Corporation ....................
Unemployment Insurance Integrity legislation:
Benefit Payment Recoveries ...................................................
Reform Federal Employee’s Compensation Act ..................
Subtotal, Labor.............................................................................
Treasury:
Eliminate 10-year Statute-of-Limitations on Non-Tax
Debt..................................................................................................
Federal Communications Commission (FCC):
Extend Spectrum Auction Authority ..........................................
Terminate the Telecommunications Development Fund ...
Subtotal, FCC ...............................................................................
Office of Personnel Management:
Amend Federal Employee Health Benefits Program
Statute .............................................................................................
Total, Reforms Resulting in Savings ....................................
User Fee Proposals:
Agriculture:
Food Safety and Inspection Service User Fees* .................
Grain Inspection User Fees* .......................................................
Animal Plant Health Inspection User Fees* ...........................
Agricultural Marketing Service User Fees* ............................
Federal Crop Insurance User Fees* .........................................
Health and Human Services:
FDA User Fee Proposal* ..............................................................
Homeland Security:
Extend Customs User Fees.........................................................
Treasury:
Alcohol and Tobacco Tax and Trade Bureau User Fees* .

2007

2008

2009

2010

Total

2011

2007–2011 2007–2016

—

—

4,195

4,181

4,164

4,140

16,680

37,056

—
—
—

—
3
3

482
8
4,685

515
10
4,706

365
11
4,540

376
13
4,529

1,738
45
18,463

3,774
140
40,970

—

11

6

6

6

6

35

65

—
—
—

—
5
5

—
5
5

—
6
6

—
7
7

—
7
7

—
30
30

1,000
65
1,065

—
—

34
4,422

134
16,101

231
15,233

306
17,210

367
18,164

1,072
71,130

3,431
178,713

—
—
—
—
—

105
20
8
2
—

155
20
11
2
15

148
21
11
2
15

151
21
12
2
15

154
22
12
2
15

713
104
54
10
60

1,535
220
117
20
135

—

26

27

27

28

28

135

286

—

—

—

—

—

—

—

5,830

—

29

29

29

29

29

145

THE BUDGET FOR FISCAL YEAR 2007

Table S–6. Mandatory Proposals—Continued

290

319

320

Table S–6. Mandatory Proposals—Continued
(In millions of dollars)

2006
Environmental Protection Agency (EPA):
Pesticide Fees*.................................................................................
Pre-Manufacturing Notification Fee*.........................................
FCC:
Authorize Spectrum License Fees ............................................
Total, User Fee Proposals .......................................................

2008

2009

2010

Total

2011

2007–2011 2007–2016

—
—

56
4

66
8

53
8

53
8

53
8

281
36

546
76

—
—

50
300

150
483

300
614

300
619

400
723

1,200
2,739

3,625
12,680

—

4,722

16,584

15,847

17,829

18,887

73,869

191,393

—

47

96

145

149

152

589

1,415

—

—

—

—

—

—

—

200

—
—
—
—

1,227
100
250
40

686
100
375
149

539
100
493
425

425
100
506
473

601
100
523
488

3,478
500
2,146
1,575

6,773
1,000
5,000
4,070

—

5

6

6

6

6

29

65

69

95

24

—

—

—

119

119

—

—

3

5

7

9

24

85

—
69

70
1,834

75
1,514

74
1,787

—
1,666

—
1,879

219
8,679

219
18,946

SUMMARY TABLES

Subtotal, Reforms Resulting in Savings and User Fee
Proposals .........................................................................................
Program Augmentations:
Agriculture:
Exclude retirement savings in Food Stamp Program .........
Energy:
Bonneville Power Administration borrowing authority ........
Health and Human Services:
Medicaid/State Children’s Health Insurance Program .......
Cover the Kids outreach grants ..................................................
Grants to States for chronically ill ..............................................
Temporary Assistance for Needy Families .............................
Foster Care District of Columbia Federal Medical
Assistance Percentage Rate ..................................................
Treasury:
Extend the Rum Carryover for Puerto Rico ...........................
Office of Personnel Management:
Make Changes to Federal Retirement Improvement Act ..
Social Security Administration:
Extend Supplemental Security Income eligibility for
refugees..........................................................................................
Total, Program Augmentations ...............................................

2007

(In millions of dollars)

2006
User Fee Proposals with Mandatory Spending:
Marketing Agreements and Orders User Fees:
Receipts ..............................................................................................
Spending.............................................................................................
Net effect ........................................................................................
Increase Indian Gaming Commission Fees 1 ...........................
Foreign Labor Certification User Fees:
Receipts ..............................................................................................
Spending.............................................................................................
Net effect ........................................................................................
Immigration Examination Fees:
Receipts ..............................................................................................
Spending.............................................................................................
Net effect ........................................................................................
Army Corps of Engineers: Additional Recreation User Fees
and Contributions:
Receipts..........................................................................................
Spending ........................................................................................
Net effect ...................................................................................
Total, User Fee Proposals with Mandatory
Spending...........................................................................
Subtotal, Including Program Augmentations and
User Fee Proposals with Mandatory Spending ........
Further Hurricane Response:
National Flood Insurance (emergency)........................................

2007

2008

2009

2010

Total

2011

2007–2011 2007–2016

—
—
—
—

12
12
—
—

12
12
—
4

13
13
—
5

13
13
—
5

13
13
—
5

63
63
—
19

132
132
—
44

—
—
—

35
35
—

35
35
—

35
35
—

35
35
—

35
35
—

175
175
—

350
350
—

—
—
—

31
25
6

31
31
—

31
31
—

31
31
—

31
31
—

155
149
6

310
304
6

—
—
—

9
—
9

17
8
9

17
16
1

17
17
—

17
17
—

77
58
19

162
143
19

—

15

5

4

5

5

6

19

69

2,903

15,075

14,056

16,158

17,003

65,196

THE BUDGET FOR FISCAL YEAR 2007

Table S–6. Mandatory Proposals—Continued

172,428

5,040

560

—

—

—

—

560

560

...................

—

—

—

—

24,182

57,429

81,611

712,144

Outlay Effects of Tax Proposals: 1
Health Tax Credit..................................................................................
Child Tax Credit ....................................................................................
Earned Income Tax Credit ................................................................
Total, Outlay Effects of Tax Proposals .....................................

—
—
—
—

720
—
188
532

1,250
383
4
871

1,679
368
68
1,243

1,876
422
79
1,375

2,015
427
69
1,519

7,540
1,600
400
5,540

19,778
3,897
903
14,978

Social Security Personal Accounts (off-budget)

321

322

Table S–6. Mandatory Proposals—Continued
(In millions of dollars)

2006

2008

2009

2010

Total

2011

2007–2011 2007–2016

1,220
1,220
—

1,203
1,203
—

1,175
1,175
—

1,140
1,140
—

1,098
1,098
—

1,049
1,049
—

5,665
5,665
—

10,138
10,138
—

—
—
—

2,282
2,282
—

450
450
—

453
453
—

461
461
—

470
470
—

448
448
—

3,069
3,069
—

—
—
—

78
78
—

303
303
—

179
179
—

120
120
—

97
97
—

777
777
—

777
777
—

—

11

84

150

155

159

559

1,461

—

—

—

—

133

294

427

2,431

—
—

8
171

35
203

50
205

63
205

72
205

228
989

402
2,014

6

—

—

—

—

—

—

—

—
—

28
—

86
58

139
124

182
129

220
135

655
446

2,035
1,215

—

49

61

53

48

45

256

439

SUMMARY TABLES

Other Mandatory Proposals:
Use Escrow Account for USPS Retiree Health Benefits:
On-budget effect ..............................................................................
Off-budget effect ..............................................................................
Unified budget effect ..................................................................
Refinance Black Lung Disability Trust Fund debt:
Black Lung Disability Trust Fund................................................
Interest receipts on repayable advances ................................
Net effect ........................................................................................
County Payments Safety Net:
County Payments ............................................................................
National Forest Land Sales .........................................................
Net effect ........................................................................................
Full-time Attendance Required for Child’s Social Security
Benefits at age 16 (off-budget) ...................................................
Enforcement of Windfall Elimination Provision/Government
Pension Offset (off-budget) ..........................................................
Replace Disability Insurance/Worker’s Comp Offset with
Uniform Offset (off-budget) ..........................................................
Eliminate Lump Sum Death Benefit (off-budget)......................
Correct trust accounting deficiencies in individual Indian
money investments (non-paygo) ................................................
Indirect Effects (Third Scorecard):
Amend Federal Employee Health Benefits Program
statute..............................................................................................
Unemployment Insurance Integrity legislation ......................
Food Stamp Impact of Commodity Supplemental Food
Program elimination ...................................................................

2007

(In millions of dollars)

2006
Refine Department of Defense Medicare-Eligible Retiree
Health Care Accrual Calculation ...........................................
Temporary Assistance for Needy Families impact of
Social Services Block Grant reduction and Other...........
Subtotal, Indirect Effects ......................................................
Total, Other Mandatory Proposals ...............................
Grand Total ..............................................................................................
Memorandum: Savings Net of Program Augmentations
Medicaid/State Children’s Health Insurance Program ...........
Food Stamp Program .........................................................................

2007

2008

2009

2010

2011

Total
2007–2011 2007–2016

—

73

77

82

87

92

411

967

—
—
6

108
258
68

20
186
136

116
34
371

29
159
397

12
210
520

29
847
1,356

84
2,142
4,166

5,115

1,744

14,339

13,182

9,004

41,426

21,166

551,103

—
—

504
29

190
59

523
11

691
11

567
11

1,467
121

5,086
179

THE BUDGET FOR FISCAL YEAR 2007

Table S–6. Mandatory Proposals—Continued

* Once the fees are enacted, the Administration will work to reclassify them to offset discretionary spending beginning in 2008.
1
Affects both receipts and outlays. Only the outlay effect is shown here. Excludes tax extenders assumed in the baseline.

323

324

Table S–7. Effect of Proposals on Receipts
(In millions of dollars)

2006

2008

2009

2010

2011

Total
2007–2011 2007–2016

288
—
—
—
—
—
—

571
—
—
—
—
—
—

1,329
—
4,679
—
—
—
—

14,161
14,183
6,498
—
—
—
—

537
5,519
4,872
—
—
—
3

6,545
6,606
3,853
66,918
5,452
4,968
1,098

22,001
26,308
19,902
66,918
5,452
4,968
1,095

128,050
74,931
32,620
605,961
116,691
37,578
10,960

205
—
—

1,102
—
—

1,728
—
—

2,181
—
—

2,676
—
5

23,758
346
170

31,445
346
165

339,022
2,858
4,362

83

531

7,736

37,023

13,596

119,714

178,600

1,353,033

—
—
—
—

4,796
—
—
4,796

10,407
542
134
9,731

7,507
579
286
6,642

3,970
618
326
3,026

383
1,826
300
2,509

26,297
3,565
1,046
21,686

122
20,063
1,763
21,948

—

2,522

3,527

2,625

2,037

1,645

12,356

18,713

—

1,978

4,321

6,201

7,720

8,826

29,046

87,212

—

2,519

3,815

3,840

3,691

3,668

17,533

38,127

—
—

254
1

861
3

1,194
4

1,404
5

1,362
5

5,075
18

11,154
51

SUMMARY TABLES

Make Permanent Certain Tax Cuts Enacted in 2001
and 2003 (assumed in the baseline):
Dividends tax rate structure .................................................
Capital gains tax rate structure...........................................
Expensing for small business..............................................
Marginal individual income tax rate reductions ............
Child tax credit 1 .....................................................................
Marriage penalty relief 2 .......................................................
Education incentives ..............................................................
Repeal of estate and generation-skipping transfer
taxes, and modification of gift taxes .............................
Modifications of pension plans ...........................................
Other incentives for families and children .......................
Total make permanent certain tax cuts enacted
in 2001 and 2003 .......................................................
Tax Incentives:
Simplify and encourage saving:
Expand tax-free savings opportunities ............................
Consolidate employer-based savings accounts ...........
Establish Individual Development Accounts (IDAs) ....
Total simplify and encourage saving........................
Encourage entrepreneurship and investment:
Increase expensing for small business ............................
Invest in health care:
Expand health savings accounts (HSAs) 3 ...................
Provide an above-the-line deduction for
high-deductible insurance premiums 4 ......................
Provide refundable tax credit for the purchase of
health insurance 5 ..............................................................
Improve the Health Coverage Tax Credit 6 ...................

2007

(In millions of dollars)

2006
Allow the orphan drug tax credit for certain
pre-designation expenses 7 ...........................................
Total invest in health care ............................................
Provide incentives for charitable giving:
Permit tax-free withdrawals from IRAs for charitable
contributions..........................................................................
Expand and increase the enhanced charitable
deduction for contributions of food inventory ............
Reform excise tax based on investment income of
private foundations .............................................................
Modify tax on unrelated business taxable income of
charitable remainder trusts ..............................................
Modify basis adjustment to stock of S corporations
contributing appreciated property .................................
Repeal the $150 million limitation on qualified
501(c)(3) bonds ...................................................................
Repeal certain restrictions on the use of qualified
501(c)(3) bonds for residential rental property .........
Total provide incentives for charitable giving ........
Strengthen education:
Extend the above-the-line deduction for qualified
out-of pocket classroom expenses ...............................
Provide assistance to distressed areas:
Establish Opportunity Zones ...............................................
Protect the environment:
Extend permanently expensing of brownfields
remediation costs ................................................................
Restructure assistance to New York City:
Provide tax incentives for transportation
infrastructure .........................................................................

2007

2008

2009

2010

Total

2011

2007–2011 2007–2016

—
—

—
4,752

—
9,000

—
11,239

—
12,820

—
13,861

—
51,672

—
136,544

—

102

510

512

501

497

2,122

4,706

—

44

96

106

116

127

489

1,345

—

56

85

90

96

102

429

1,074

—

1

6

6

6

6

25

62

—

3

15

21

25

28

92

301

—

2

3

6

10

11

32

81

—
—

2
210

5
720

9
750

16
770

24
795

56
3,245

278
7,847

17

171

178

180

183

185

897

1,867

—

221

411

439

451

482

2,004

4,960

98

146

163

177

168

157

811

1,503

—

200

200

200

200

200

1,000

THE BUDGET FOR FISCAL YEAR 2007

Table S–7. Effect of Proposals on Receipts—Continued

2,000

325

326

Table S–7. Effect of Proposals on Receipts—Continued
(In millions of dollars)

2006

2008

2009

2010

Total

2011

2007–2011 2007–2016

—
—
115

200
—
3,226

200
—
4,268

200
—
8,768

200
—
13,403

200
—
19,634

1,000
—
49,299

2,000
—
193,382

—

17

66

50

32

48

213

395

—

27

24

21

26

28

72

207

—
—

—
44

—
42

—
29

—
6

—
20

—
141

—
188

3
—
—

53
536
—

62
2,290
3

77
153
9

89
2,336
17

100
1,611
24

381
1,274
53

1,039
9,180
274

3

589

2,349

85

2,264

1,535

946

8,415

—
—

1
6

2
8

2
8

3
8

3
8

11
38

26
89

—

3

8

8

9

9

37

91

—
—
—
—

2
82
4
98

14
141
12
185

30
148
13
209

43
155
14
232

41
163
20
244

130
689
63
968

201
1,635
222
2,264

SUMMARY TABLES

Repeal certain New York City Liberty Zone incentives
Total restructure assistance to New York City ......
Total tax incentives ................................................
Simplify the Tax Laws for Families:
Clarify uniform definition of a child 8 ....................................
Simplify EITC eligibility requirement regarding
filing status, presence of children, and work and
immigration status 9 ...............................................................
Reduce computational complexity of refundable child
tax credit 10 ...............................................................................
Total simplify the tax laws for families ..........................
Strengthen the Employer-Based Pension System:
Ensure fair treatment of older workers in cash balance
conversions and protect defined benefit plans .............
Strengthen funding for single-employer pension plans ..
Reflect market interest rates in lump sum payments ......
Total strengthen the employer-based pension
system ................................................................................
Close Loopholes and Improve Tax Compliance:
Combat abusive foreign tax credit transactions ................
Modify the active trade or business test ..............................
Impose penalties on charities that fail to enforce
conservation easements .......................................................
Eliminate the special exclusion from unrelated business
taxable income for gain or loss on the sale or
exchange of certain brownfields ........................................
Limit related party interest deductions .................................
Clarify and simplify qualified tuition programs ...................
Total close loopholes and improve tax compliance

2007

(In millions of dollars)

2006
Tax Administration, Unemployment Insurance, and
Other:
Improve tax administration:
Implement IRS administrative reforms and initiate
cost saving measures 11 ..................................................
Reduce the tax gap.................................................................
Total improve tax administration ....................................
Strengthen financial integrity of unemployment
insurance:
Strengthen the financial integrity of the
unemployment insurance system by reducing
improper benefit payments and tax avoidance 12 ..
Extend unemployment insurance surtax 12 ...................
Total strengthen integrity of unemployment
insurance 12 ......................................................................
Other proposals:
Increase Indian gaming activity fees ................................
Total tax administration, unemployment insurance,
and other 12 ........................................................................
Modify Energy Policy Act of 2005:
Repeal reduced recovery period for natural gas
distribution lines .......................................................................
Modify amortization for certain geological and
geophysical expenditures .....................................................
Total modify Energy Policy Act of 2005.......................
Promote Trade:
Implement free trade agreements 12 .....................................
Extend GSP 12 ..............................................................................
Total promote trade 12 .............................................................

2007

2008

2009

2010

Total

2011

2007–2011 2007–2016

—
—
—

—
259
259

—
351
351

—
311
311

—
296
296

—
308
308

—
1,525
1,525

—
3,560
3,560

—
—

—
—

31
1,085

30
1,490

106
1,526

143
1,564

188
5,665

2,246
710

—

—

1,116

1,520

1,420

1,421

5,477

1,536

—

—

5

5

5

5

20

45

—

259

1,472

1,836

1,721

1,734

7,022

2,069

—

12

44

80

112

125

373

833

—
—

38
50

140
184

206
286

169
281

88
213

641
1,014

730
1,563

—
—
—

236
412
648

456
617
1,073

593
666
1,259

741
723
1,464

832
786
1,618

2,858
3,204
6,062

THE BUDGET FOR FISCAL YEAR 2007

Table S–7. Effect of Proposals on Receipts—Continued

8,200
3,445
11,645

327

328

Table S–7. Effect of Proposals on Receipts—Continued
(In millions of dollars)

Extend Expiring Provisions:
Minimum tax relief for individuals.......................................
Research & Experimentation (R&E) tax credit .............
Combined work opportunity/welfare-to-work tax
credit ........................................................................................
First-time homebuyer credit for DC ...................................
Authority to issue Qualified Zone Academy Bonds .....
Disclosure of tax return information related to
terrorist activity 7 .................................................................
Excise tax on coal 12 ...............................................................
Total extend expiring provisions 12 ............................
Total budget proposals, including proposals
assumed in the baseline 12 ..........................................
Total budget proposals, excluding proposals
assumed in the baseline 12 ..........................................

2008

2009

2010

2011

Total

2006

2007

13,664
2,097

20,495
4,601

—
5,944

—
6,889

—
7,669

—
8,340

20,495
33,443

20,495
86,440

80
1
3

144
18
8

86
—
13

25
—
18

7
—
20

3
—
20

265
18
79

266
18
179

—
—
15,845

—
—
25,266

—
—
6,043

—
—
6,932

—
—
7,696

—
—
8,363

—
—
54,300

—
750
106,648

15,874

28,631

14,888

51,707

36,183

148,653

280,062

1,667,039

15,957

28,100

7,152

14,684

22,587

28,939

101,462

314,006

2007–2011 2007–2016

1

Affects both receipts and outlays. Only the receipt effect is shown here. The outlay effect is $45 million for 2011 and $51,809 million for 2007–2016.
Affects both receipts and outlays. Only the receipt effect is shown here. The outlay effect is -$371 million for 2011 and $7,346 million for 2007–2016.
3
Affects both receipts and outlays. Only the receipt effect is shown here. The outlay effect is $91 million for 2007, $178 million for 2008, $253 million for 2009, $310 million for 2010, $352
million for 2011, $1,184 million for 2007–2011 and $3,500 million for 2007–2016.
4
Affects both receipts and outlays. Only the receipt effect is shown here. The outlay effect is $244 million for 2007, $315 million for 2008, $319 million for 2009, $303 million for 2010,
$305 million for 2011, $1,486 million for 2007–2011 and $3,200 million for 2007–2016.
5
Affects both receipts and outlays. Only the receipt effect is shown here. The outlay effect is $381 million for 2007, $747 million for 2008, $1,095 million for 2009, $1,249 million for 2010,
$1,343 million for 2011, $4,815 million for 2007–2011 and $12,939 million for 2007–2016.
6
Affects both receipts and outlays. Only the receipt effect is shown here. The outlay effect is $4 million for 2007, $10 million for 2008, $12 million for 2009, $14 million for 2010, $15 million
for 2011, $55 million for 2007–2011 and $139 million for 2007–2016.
7
No net budgetary impact.
8
Affects both receipts and outlays. Only the receipt effect is shown here. The outlay effect is -$170 million for 2008, -$196 million for 2009, -$250 million for 2010, -$234 million for 2011,
-$850 million for 2007–2011 and -$2,224 million for 2007–2016.
9
Affects both receipts and outlays. Only the receipt effect is shown here. The outlay effect is -$188 million for 2007, $123 million for 2008, $102 million for 2009, $96 million for 2010, $95
million for 2011, $228 million for 2007–2011 and $687 million for 2007–2016.
10
Affects both receipts and outlays. Only the receipt effect is shown here. The outlay effect is -$332 million for 2008, -$342 million for 2009, -$347 million for 2010, -$357 million for 2011,
-$1,378 million for 2007–2011 and -$3,263 million for 2007–2016.
11
Outlays from this proposal will be reflected in the Financial Management Service’s budget.
12
Net of income offsets.
2

SUMMARY TABLES

(In billions of dollars)

Source
Individual income taxes...............................
Corporation income taxes ..........................
Social insurance and retirement
receipts .........................................................
(On-budget) ................................................
(Off-budget) ................................................
Excise taxes ....................................................
Estate and gift taxes ....................................
Customs duties ..............................................
Miscellaneous receipts................................

2005
Actual

Estimate
2006

2007

2008

2009

2010

2011

927.2
278.3

997.6
277.1

1,096.4
260.6

1,208.5
268.5

1,268.4
277.1

1,370.1
282.0

1,466.9
292.0

794.1
(216.6)
(577.5)
73.1
24.8
23.4
33.0

841.1
(231.1)
(610.0)
73.5
27.5
25.9
42.8

884.1
(241.8)
(642.3)
74.6
23.7
28.1
48.4

932.1
(253.0)
(679.1)
75.9
24.4
31.4
49.4

980.7
(264.5)
(716.2)
77.5
26.0
31.7
52.7

1,037.4
(278.9)
(758.5)
78.9
20.1
34.0
55.7

1,096.7
(295.1)
(801.6)
83.1
1.6
36.2
58.4

THE BUDGET FOR FISCAL YEAR 2007

Table S–8. Receipts By Source—Summary

Total receipts .......................................... 2,153.9 2,285.5 2,415.9 2,590.3 2,714.2 2,878.2 3,034.9
(On-budget) ............................................ (1,576.4) (1,675.5) (1,773.5) (1,911.1) (1,998.0) (2,119.7) (2,233.3)
(Off-budget) ............................................
(577.5)
(610.0)
(642.3)
(679.1)
(716.2)
(758.5)
(801.6)

329

330

Table S–9. Economic Assumptions
(Fiscal years)

2005

2006

2007

2008

2009

2010

2011

12,290
6.5
3.6
2.8

13,030
6.0
3.4
2.5

13,761
5.6
3.3
2.2

14,521
5.5
3.3
2.2

15,296
5.3
3.2
2.1

16,102
5.3
3.1
2.1

16,955
5.3
3.1
2.1

..........................

3.3

3.3

2.4

2.4

2.4

2.4

2.4

...............................

5.2

5.0

5.0

5.0

5.0

5.0

5.0

Interest rates:
91-day Treasury bill ..................................
10-year Treasury note .............................

2.7
4.2

4.1
4.9

4.2
5.3

4.2
5.5

4.3
5.6

4.3
5.6

4.3
5.6

Gross Domestic Product (GDP):
Nominal level, in billions of dollars .....
Percent change 1 .....................................
Real GDP 1 .................................................
GDP price index 1 ....................................
Consumer Price Index 1
Unemployment rate 2
2

1
2

Year-over-year percent change.
Annual averages, percent.

SUMMARY TABLES

(Calendar years)
Projections
2006
GDP (billions of current dollars):
2007 Budget......................................................................................
CBO January ....................................................................................
Blue Chip Consensus January 1 ..............................................
Real GDP (chain-weighted): 2
2007 Budget......................................................................................
CBO January ....................................................................................
Blue Chip Consensus January 1 ...............................................
Chain-weighted GDP Price Index: 2
2007 Budget......................................................................................
CBO January ....................................................................................
Blue Chip Consensus January 1 ...............................................
Consumer Price Index (all-urban): 2
2007 Budget......................................................................................
CBO January ....................................................................................
Blue Chip Consensus January 1 ...............................................
Unemployment rate: 3
2007 Budget......................................................................................
CBO January ....................................................................................
Blue Chip Consensus January 1 ...............................................
Interest rates: 3
91-day Treasury bills:
2007 Budget .................................................................................
CBO January................................................................................
Blue Chip Consensus January 1 ..........................................
10-year Treasury notes:
2007 Budget .................................................................................
CBO January................................................................................
Blue Chip Consensus January 1 ..........................................

2007

2008

2009

2010

Average
2006–2011

2011

13,210
13,263
13,237

13,949
13,960
13,939

14,713
14,696
14,703

15,493
15,455
15,505

16,310
16,208
16,372

17,177
16,954
17,280

3.4
3.6
3.4

3.3
3.4
3.1

3.3
3.4
3.2

3.1
3.3
3.1

3.1
3.0
3.3

3.1
2.8
3.2

3.2
3.3
3.2

2.4
2.4
2.4

2.2
1.8
2.1

2.1
1.8
2.3

2.1
1.8
2.2

2.1
1.8
2.3

2.1
1.8
2.2

2.2
1.9
2.3

3.0
2.8
2.9

2.4
2.1
2.4

2.4
2.2
2.4

2.4
2.2
2.5

2.4
2.2
2.4

2.5
2.2
2.5

2.5
2.3
2.5

5.0
5.0
4.9

5.0
5.0
4.9

5.0
5.1
4.9

5.0
5.2
4.9

5.0
5.2
5.0

5.0
5.2
4.9

5.0
5.1
4.9

4.2
4.5
4.5

4.2
4.5
4.5

4.3
4.4
4.4

4.3
4.4
4.3

4.3
4.4
4.4

4.3
4.4
4.4

4.3
4.4
4.4

5.0
5.1
4.9

5.3
5.2
5.0

5.5
5.2
5.3

5.6
5.2
5.3

5.6
5.2
5.4

5.6
5.2
5.4

THE BUDGET FOR FISCAL YEAR 2007

Table S–10. Comparison of Economic Assumptions

5.4
5.2
5.2

331

Sources: Congressional Budget Office; Blue Chip Economic Indicators, Aspen Publishers, Inc.
1
January 2006 Blue Chip Consensus forecast for 2006 and 2007; Blue Chip October 2005 long-run extension for 2008—2011.
2
Year-over-year percent changes.
3
Annual averages, percent.

332

Table S–11. Budget Summary by Category
(In billions of dollars)

2005
Outlays:
Discretionary:
DOD military...........................................
Homeland security ...............................
Other .........................................................

2006

2007

2008

2009

2010

2011

473
30
465

510
32
490

503
34
492

471
35
473

471
36
468

484
38
461

499
40
455

Total,Discretionary...........................
Mandatory:
Social Security:
Current program ...............................
Personal accounts ...........................
Medicare ..................................................
Medicaid and SCHIP ..........................
Other .........................................................

968

1,032

1,029

980

975

983

994

519
—
294
187
320

550
—
338
198
370

581
—
387
205
320

612
—
399
218
332

645
—
421
233
355

683
24
447
250
367

722
57
489
270
386

Total, Mandatory ..............................
Net Interest .................................................

1,320
184

1,457
220

1,494
247

1,562
272

1,655
291

1,771
307

1,924
322

Total Outlays ...................................................
Revenues .........................................................
Deficit ............................................................

2,472
2,154
318

2,709
2,285
423

2,770
2,416
354

2,814
2,590
223

2,922
2,714
208

3,061
2,878
183

3,240
3,035
205

SUMMARY TABLES

(In billions of dollars)

2005
Outlays:
Discretionary:
DOD military...........................................
Homeland security ...............................
Other .........................................................

2006

2007

2008

2009

2010

2011

473
30
465

480
32
486

440
34
488

438
35
484

445
35
493

456
36
498

472
38
507

Total, Discretionary .........................
Mandatory:
Social Security ......................................
Medicare..................................................
Medicaid and SCHIP ..........................
Other .........................................................

968

998

962

957

973

990

1,017

519
294
187
320

550
338
198
365

581
390
205
319

612
405
219
340

645
429
234
359

683
457
251
371

723
500
270
390

Total, Mandatory ..............................
Net Interest .................................................

1,320
184

1,451
219

1,495
244

1,575
266

1,668
284

1,762
298

1,883
310

Total Outlays ...................................................
Revenues .........................................................

2,472
2,154

2,669
2,301

2,701
2,444

2,798
2,597

2,925
2,729

3,050
2,901

3,210
3,064

Deficit ............................................................
On-budget deficit ......................................
Off-budget surplus....................................

318
494
175

367
549
182

257
449
192

201
416
216

196
428
233

149
402
252

THE BUDGET FOR FISCAL YEAR 2007

Table S–12. Current Services Baseline Summary by Category

146
420
274

333

334

Table S–13. Federal Government Financing and Debt
(In billions of dollars)
Estimate

Actual
2005
Financing:
Unified budget deficit ( ) .......................................................................................

2006

2007

2008

2009

2010

2011

423

354

223

208

183

205

2

*

*

*

*

*

1

1
17
1

—
—
1

—
—
1

—
—
1

—
—
1

—
—
1

—
—
1

5
11

16
12

18
1

19
0

19
0

19
0

21
1

Total, financing other than the change in debt held by the public

22

4

18

19

18

19

20

Total, requirement to borrow from the public.................................

297

427

373

242

226

201

225

Change in debt held by the public.......................................................................

297

427

373

242

226

201

225

Changes in Debt Subject to Limitation:
Change in debt held by the public.......................................................................
Change in debt held by Government accounts ..............................................
Change in other factors ..........................................................................................

297
254
13

427
279
*

373
311
1

242
328
1

226
346
3

201
344
2

225
329
3

Total, change in debt subject to statutory limitation .................................

538

707

685

570

574

548

557

Debt Subject to Statutory Limitation, End of Year:
Debt issued by Treasury .........................................................................................
Adjustment for discount, premium, and coverage 3 ....................................

7,879
8

8,586
8

9,270
8

9,841
8

10,413
6

10,959
4

11,514
3

.................................................

7,871

8,578

9,262

9,833

10,407

10,955

11,512

Debt Outstanding, End of Year:
Gross Federal debt: 5
Debt issued by Treasury ....................................................................................
Debt issued by other agencies ........................................................................

7,879
26

8,586
26

9,270
25

9,841
25

10,413
24

10,959
23

11,514
23

Total, gross Federal debt ...............................................................................

7,905

8,611

9,295

9,865

10,437

10,983

11,537

Financing other than the change in debt held by the public:
Net purchases ( ) of non-Federal securities by the National
Railroad Retirement Investment Trust ......................................................
Changes in: 1
Treasury operating cash balance ...............................................................
Checks outstanding, etc. 2 ..........................................................................
Seigniorage on coins ...........................................................................................
Less: Net financing disbursements:
Direct loan financing accounts ....................................................................
Guaranteed loan financing accounts ........................................................

Total, debt subject to statutory limitation 4

SUMMARY TABLES

318

(In billions of dollars)
Actual
2005
Held by:
Debt held by Government accounts ..............................................................
Debt held by the public 6 ..................................................................................
As a percent of GDP .......................................................................................

3,313
4,592
37.4%

Estimate
2006
3,593
5,019
38.5%

2007
3,904
5,391
39.2%

2008
4,232
5,633
38.8%

2009
4,578
5,859
38.3%

2010
4,922
6,061
37.6%

2011
5,251
6,286
37.1%

* $500 million or less.
1
A decrease in the Treasury operating cash balance (which is an asset) is a means of financing a deficit and therefore has a positive sign. An increase in checks outstanding (which is a
liability) is also a means of financing a deficit and therefore also has a positive sign.
2
Besides checks outstanding, includes accrued interest payable on Treasury debt, uninvested deposit fund balances, allocations of special drawing rights, and other liability accounts;
and, as an offset, cash and monetary assets (other than the Treasury operating cash balance), other asset accounts, and profit on sale of gold.
3
Consists mainly of Federal Financing Bank debt (which is not subject to limit), the unamortized discount (less premium) on public issues of Treasury notes and bonds (other than
zero-coupon bonds), and the unrealized discount on Government account series securities.
4
The statutory debt limit is $8,184 billion, enacted on November 19, 2004.
5
Treasury securities held by the public and zero-coupon bonds held by Government accounts are almost all measured at sales price plus amortized discount or less amortized premium.
Agency debt securities are almost all measured at face value. Treasury securities in the Government account series are otherwise measured at face value less unrealized discount (if
any).
6
At the end of 2005, the Federal Reserve Banks held $736.4 billion of Federal securities and the rest of the public held $3,855.9 billion. Debt held by the Federal Reserve Banks is not
estimated for future years.

THE BUDGET FOR FISCAL YEAR 2007

Table S–13. Federal Government Financing and Debt—Continued

335

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