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SUMMARY TABLES (Dollar amounts in billions) 2007 2008 2009 2010 2011 2012 2013 Budget Totals: Receipts............................................................. Outlays ............................................................... 2,568 2,730 2,521 2,931 2,700 3,107 2,931 3,091 3,076 3,171 3,270 3,222 3,428 3,399 Deficit( )/Surplus(+) ................................ 162 410 407 160 95 +48 +29 Gross Domestic Product (GDP) .................... 13,668 14,312 15,027 15,792 16,580 17,395 18,243 Budget Totals as a Percent of GDP: Receipts............................................................. Outlays ............................................................... 18.8% 20.0% 17.6% 20.5% 18.0% 20.7% 18.6% 19.6% 18.6% 19.1% 18.8% 18.5% 18.8% 18.6% Deficit( )/Surplus(+) ................................ 1.2% 2.9% 2.7% 1.0% 0.6% +0.3% THE BUDGET FOR FISCAL YEAR 2009 Table S–1. Budget Totals +0.2% 139 140 Table S–2. Discretionary Funding by Category (Net budget authority; dollar amounts in billions) 2007 Actual 2008 Enacted Base Discretionary: Security Funding 1 ................................................................................... Non-Security Funding ............................................................................. Total, Discretionary ................................................................................... 498.0 382.0 880.0 549.6 391.7 941.4 Enacted Supplemental and Emergency Funding: Global War on Terror ............................................................................... Gulf Coast/Hurricane Recovery ........................................................... Veterans Affairs.......................................................................................... Border Security and Other ..................................................................... Total, Enacted .............................................................................................. 173.6 7.7 1.8 9.3 192.3 2009 Request Change from 2008 Amount Percent 89.4 5.9 3.7 5.4 104.4 Proposed Supplemental and Emergency Funding: Global War on Terror ............................................................................... Gulf Coast/Hurricane Recovery ........................................................... Total, Proposed ........................................................................................... 108.1 — 108.1 594.5 393.0 987.6 +44.9 +1.3 +46.2 +8.2% +0.3% +4.9% 70.0 5.8 75.8 Discretionary Outyears 2010 Base Discretionary: Security Funding 2 .......................................................................... Non-Security Funding 3 ................................................................ Total, Discretionary .......................................................................... 1 3 2012 2013 605.2 393.0 998.2 613.2 393.0 1,006.2 624.5 393.0 1,017.5 636.5 393.0 1,029.5 This category is comprised of funding for: the Department of Defense; Homeland Security activities Government-wide (see Table S–4); and International Affairs (Function 150). Department of Defense levels are consistent with the Future Years Defense Plan and Homeland Security levels are consistent with the Future Years Homeland Security Plan. These amounts exclude the budgetary effects of the Administration’s reauthorization proposal of the Federal Aviation Administration (FAA). The proposal would transform the current tax-financing system for FAA to a cost-based user-fee system. For more information, see the Transportation chapter in this volume and related sections in the Appendix and Analytical Perspectives. If this proposal were enacted, the Administration would adjust its discretionary cap proposal downward in these years to reflect the offsetting collections that would result from this user-based fee system. SUMMARY TABLES 2 2011 (Net budget authority; dollar amounts in billions) Change: Agency 2001 Actual 2008 2009 Enacted Request 2008–2009 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 .................................................. Small Business Administration ............................................... Social Security Administration................................................ Other Agencies ............................................................................ Total, Discretionary Funding .................................................. Percent 2001–2009 Average Cumulative 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 0.9 6.0 5.8 21.8 6.9 479.5 57.2 23.9 71.9 34.9 37.4 11.0 22.7 11.4 32.9 15.5 12.0 39.4 5.6 7.5 0.3 5.8 4.0 17.1 6.0 0.6 8.0 8.0 20.8 8.2 515.4 59.2 25.0 70.4 37.6 38.5 10.6 20.3 10.5 38.3 11.5 12.5 44.8 4.7 7.1 0.4 6.3 4.7 17.6 6.9 0.7 8.4 7.2 1.1 +1.3 +36.0 +2.0 +1.1 1.5 +2.7 +1.1 0.4 2.4 0.9 +5.4 4.0 +0.5 +5.3 0.8 0.3 * +0.5 +0.7 +0.5 +0.8 +0.1 +0.4 0.7 4.8% +18.4% +7.5% +3.5% +4.7% 2.1% +7.7% +2.9% 3.7% 10.7% 7.8% +16.5% 25.7% +3.9% +13.5% 15.1% 4.4% +5.6% +8.1% +17.7% +2.9% +13.6% +15.5% +4.9% 9.0% +1.0% +6.1% +6.9% +5.0% +2.8% +3.4% +13.2% +3.9% +0.4% +1.2% 1.6% +7.3% 2.9% +2.4% +9.1% +0.1% 1.2% +3.9% +5.9% +7.0% +2.7% +5.6% 3.9% +4.3% +2.8% +8.0% +60.4% +70.4% +47.6% +24.9% +30.2% +168.8% +35.7% +3.5% +10.4% 11.9% +76.2% 20.9% +20.6% +100.1% +1.2% 8.8% +35.9% +58.6% +71.6% +23.6% +54.7% 27.0% +40.0% +25.0% 643.8 941.4 987.6 +46.2 +4.9% +5.5% THE BUDGET FOR FISCAL YEAR 2009 Table S–3. Discretionary Funding by Major Agency +53.4% 141 * $50 million or less. Note: Supplemental and emergency funding, both enacted and requested, is excluded. 142 Table S–4. Homeland Security Funding by Agency (Budget authority in millions of dollars) 2007 Agency 1 Actual 2008 Supplemental/ Emergency Enacted 2009 Supplemental/ Emergency 2 Request 541 1,204 16,538 1,719 4,328 26,856 3,309 1,241 206 128 260 167 168 199 386 194 56 72 81 266 57,919 — — — — — 2,695 210 — — — — — — — — — — — — — 2,905 571 207 17,375 1,830 4,300 30,093 3,273 1,962 206 117 271 138 143 205 374 212 122 72 93 236 61,800 — — — — — 2,641 250 — — — — — 225 — — — — — — — 3,116 691 264 17,647 1,944 4,458 34,992 3,794 2,465 221 126 348 171 119 204 379 221 13 73 97 253 68,480 Less, DOD ................................................................................... Less, Mandatory Homeland Security Funding 3 .......... Less, Funding for Project BioShield ................................... Less, Discretionary Fee-Funded Activities ...................... Net Non-DOD Discretionary Homeland Security ........ 16,538 3,436 — 4,519 33,426 — — — — 2,905 17,375 2,871 — 5,338 36,216 — — — — 3,116 17,647 3,225 2,175 5,344 40,089 1 2 3 For more detail on Homeland Security funding, see the Homeland Security Funding Analysis chapter in the Analytical Perspectives volume. Dollar amounts in this table are rounded to the nearest million at the account level, which accounts for any discrepancies with the Analytical Perspectives chapter. 2008 includes $0.2 billion that is part of the Administration’s pending emergency supplemental request for the Global War on Terror. 2007 mandatory Homeland Security programs include $1 billion from anticipated spectrum auction receipts appropriated in the Deficit Reduction Act of 2005 for the Department of Commerce to make grants to public safety agencies for communications interoperability purposes. SUMMARY TABLES Agriculture.................................................................................... Commerce ................................................................................... Defense (DOD) .......................................................................... Energy ........................................................................................... Health and Human Services ................................................. Homeland Security ................................................................... Justice ........................................................................................... State............................................................................................... Transportation............................................................................. Treasury ........................................................................................ Veterans Affairs .......................................................................... Environmental Protection Agency ....................................... General Services Administration ......................................... National Aeronautics and Space Administration ........... National Science Foundation ................................................ Social Security Administration.............................................. Intelligence Community Management ............................... Nuclear Regulatory Commission......................................... Smithsonian Institution ............................................................ Other Agencies .......................................................................... Total, Homeland Security Funding .................................... (Budget authority and obligation limitations in millions of dollars) 2008 2009 Enacted Request 2009 Less 2008 13 27 14 22 139 4 4 20 — 30 5 144 51 45 36 39 105 19 30 747 — — — — — — — — 39 — — — — — — — — — — 39 13 27 14 22 139 4 4 20 39 30 5 144 51 45 36 39 105 19 30 786 Department of Commerce: Emergency Steel Guarantee Loan Program ............................................................................................................................ Manufacturing Extension Partnership ......................................................................................................................................... Public Telecommunications Facilities, Planning and Construction Grants .................................................................... Technology Innovation Program .................................................................................................................................................... Total, Department of Commerce .............................................................................................................................................. — 90 19 46 155 49 4 — — 45 49 86 19 46 200 Department of Education: Academies for American History and Civics ............................................................................................................................ Advanced Credentialing ................................................................................................................................................................... 2 10 — — 2 10 143 Program Terminations: Department of Agriculture: Community Connect (Broadband) Grants ................................................................................................................................. Community Facility Grants .............................................................................................................................................................. Economic Impact Grants ................................................................................................................................................................. Farm Labor Housing Program ....................................................................................................................................................... Food and Nutrition Service—Commodity Supplemental Food Program........................................................................ Forest Service Economic Action ................................................................................................................................................... Forest Service Valles Caldera National Preserve .................................................................................................................. High Cost Energy Grants ................................................................................................................................................................. Rural Economic Development Loan and Grant Program..................................................................................................... Multifamily Housing Direct Loans ................................................................................................................................................. Public Broadcast Grants .................................................................................................................................................................. Research and Extension Grant Earmarks/Low Priority Programs ................................................................................... Resource Conservation and Development Program ............................................................................................................. Rural Business Grants ...................................................................................................................................................................... Section 9006, Renewable Energy Program .............................................................................................................................. Self-Help Housing Grants ................................................................................................................................................................ Single Family Housing Direct Loans............................................................................................................................................ Value Added Producer Grants ....................................................................................................................................................... Watershed Programs ........................................................................................................................................................................ Total, Department of Agriculture ............................................................................................................................................... THE BUDGET FOR FISCAL YEAR 2009 Table S–5. Discretionary Program Terminations and Reductions 144 Table S–5. Discretionary Program Terminations and Reductions—Continued (Budget authority and obligation limitations in millions of dollars) 2008 2009 Enacted Request 33 32 38 1 40 8 1,161 32 2 2 33 267 49 66 1 1 7 9 7 64 5 49 24 39 64 76 19 25 11 14 80 12 — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — 33 32 38 1 40 8 1,161 32 2 2 33 267 49 66 1 1 7 9 7 64 5 49 24 39 64 76 19 25 11 14 80 12 SUMMARY TABLES Alaska Native Education Equity .................................................................................................................................................... Alcohol Abuse Reduction ................................................................................................................................................................ Arts in Education ................................................................................................................................................................................ B.J. Stupak Olympic Scholarships ............................................................................................................................................... Byrd Honors Scholarships............................................................................................................................................................... Career and Technical Education National Programs............................................................................................................. Career and Technical Education State Grants ........................................................................................................................ Civic Education.................................................................................................................................................................................... Close-Up Fellowships ....................................................................................................................................................................... Comprehensive School Reform .................................................................................................................................................... Education for Native Hawaiians..................................................................................................................................................... Educational Technology State Grants ......................................................................................................................................... Elementary and Secondary School Counseling ..................................................................................................................... Even Start.............................................................................................................................................................................................. Excellence in Economic Education .............................................................................................................................................. Foundations for Learning ................................................................................................................................................................. Higher Education Demonstrations for Students with Disabilities ...................................................................................... Historic Whaling and Trading Partners ....................................................................................................................................... Javits Gifted and Talented Education .......................................................................................................................................... Leveraging Educational Assistance Programs ........................................................................................................................ Mental Health Integration in Schools .......................................................................................................................................... Mentoring Program ............................................................................................................................................................................ National Writing Project.................................................................................................................................................................... Parental Assistance Information Centers .................................................................................................................................. Perkins Loan Cancellations ............................................................................................................................................................ Physical Education ............................................................................................................................................................................. Projects with Industry ........................................................................................................................................................................ Reading is Fundamental .................................................................................................................................................................. Ready to Teach ................................................................................................................................................................................... School Leadership ............................................................................................................................................................................. Smaller Learning Communities ..................................................................................................................................................... Special Olympics Education Programs ...................................................................................................................................... 2009 Less 2008 (Budget authority and obligation limitations in millions of dollars) 2008 2009 Enacted Request 2009 Less 2008 22 12 757 29 34 2 103 3 8 2 2 2 2 3,261 — — — — — — — — — — — — — — 22 12 757 29 34 2 103 3 8 2 2 2 2 3,261 Department of Energy: Oil and Gas Research and Development .................................................................................................................................. University Nuclear Energy Program ............................................................................................................................................ Weatherization Assistance Program ........................................................................................................................................... Total, Department of Energy ...................................................................................................................................................... 25 15 243 283 — — — — 25 15 243 283 654 45 11 21 97 451 — — — — — — 654 45 11 21 97 451 302 40 35 1,656 — — — — 302 40 35 1,656 Department of Health and Human Services: Administration for Children and Families—Community Services Block Grant ............................................................. Administration for Children and Families—Other Community Service Programs....................................................... Administration for Aging—Alzheimer’s Demonstration Project .......................................................................................... Administration for Aging—Preventive Health Services ......................................................................................................... Centers for Disease Control—Preventive Health and Health Services Block Grant ................................................. Earmarks ............................................................................................................................................................................................... Health Resources and Services Administration—Childrens Hospital Graduate Medical Education Payments .......................................................................................................................................................................................... Health Resources and Services Administration—Maternal and Child Health Small Categorical Grants .......... Indian Health Service—Urban Indian Health Program ......................................................................................................... Total, Department of Health and Human Services ............................................................................................................ 145 State Grants for Incarcerated Youth ............................................................................................................................................ Strengthening Alaska Native/Native Hawaiian Institutions .................................................................................................. Supplemental Educational Opportunity Grants ....................................................................................................................... Supported Employment State Grants ......................................................................................................................................... Teacher Quality Enhancement ...................................................................................................................................................... Teachers for a Competitive Tomorrow......................................................................................................................................... Tech-Prep Education State Grants .............................................................................................................................................. Thurgood Marshall Legal Opportunity ........................................................................................................................................ Tribally Controlled Postsecondary Vocational Education ..................................................................................................... Underground Railroad Program .................................................................................................................................................... Vocation Rehabilitation—Migrant and Seasonal Farmworkers.......................................................................................... Vocation Rehabilitation—Recreational Programs................................................................................................................... Women’s Educational Equity .......................................................................................................................................................... Total, Department of Education ................................................................................................................................................ THE BUDGET FOR FISCAL YEAR 2009 Table S–5. Discretionary Program Terminations and Reductions—Continued 146 Table S–5. Discretionary Program Terminations and Reductions—Continued (Budget authority and obligation limitations in millions of dollars) 2008 2009 Enacted Request 2009 Less 2008 10 100 17 5 132 — — — — — 10 100 17 5 132 Department of Justice: State Criminal Alien Assistance Program .................................................................................................................................. Total, Department of Justice ...................................................................................................................................................... 410 410 — — 410 410 Department of the Interior: Bureau of Indian Affairs—Housing Improvement Program ................................................................................................. Bureau of Indian Affairs—Johnson-O’Malley Assistance Grants ...................................................................................... Indian Land Consolidation Program ............................................................................................................................................ Land and Water Conservation Fund State Recreation Grants .......................................................................................... National Park Service Statutory Aid ............................................................................................................................................ Office of Surface Mining Reclamation Grants .......................................................................................................................... Rural Fire Assistance Program...................................................................................................................................................... Total, Department of the Interior ............................................................................................................................................... 14 21 10 25 7 20 6 103 — — — — — — — — 14 21 10 25 7 20 6 103 Department of Labor: Denali Commission Job Training Earmark ................................................................................................................................ Migrant and Seasonal Farmworkers Training Program ........................................................................................................ Susan Harwood Training Grants ................................................................................................................................................... Work Incentive Grants ...................................................................................................................................................................... Total, Department of Labor ......................................................................................................................................................... 7 80 10 14 111 — — — — — 7 80 10 14 111 Environmental Protection Agency: Targeted Watershed Grants............................................................................................................................................................ Unrequested Water Infrastructure Projects............................................................................................................................... Total, Environment Protection Agency ................................................................................................................................... 10 133 143 — — — 10 133 143 Other Agencies: Commission of Fine Arts, National Capital Arts and Cultural Affairs............................................................................... 8 — 8 SUMMARY TABLES Department of Housing and Urban Development: Brownfields ........................................................................................................................................................................................... Revitalization of Severely Depressed Public Housing (HOPE VI) .................................................................................... Rural Housing and Economic Development ............................................................................................................................. Section 108 Loan Program ............................................................................................................................................................. Total, Department of Housing and Urban Development .................................................................................................. (Budget authority and obligation limitations in millions of dollars) 2008 2009 Enacted Request National Veterans Business Development Corporation ....................................................................................................... Postal Service Forgone Revenue Appropriation ..................................................................................................................... Total, Other Agencies ................................................................................................................................................................... 2009 Less 2008 — — — 1 29 38 7,039 84 7,123 484 30 549 10 47 1,121 43 28 1,470 469 406 20 378 5 54 1,037 6 20 1,350 220 78 10 171 5 101 84 37 48 120 249 — — — — 4,251 10 80 220 293 2,745 10 80 220 293 1,506 Department of Commerce: Economic Development Administration Grants ....................................................................................................................... Pacific Coastal Salmon Recovery ................................................................................................................................................ Total, Department of Commerce .............................................................................................................................................. 243 67 310 100 35 135 143 32 175 Department of Education: 21st Century Learning Opportunities .......................................................................................................................................... Safe and Drug-Free Schools State Grants ............................................................................................................................... Teaching American History ............................................................................................................................................................. Total, Department of Education ................................................................................................................................................ 1,081 295 118 1,494 800 100 50 950 281 195 68 544 Total, Program Terminations ......................................................................................................................................................... Program Reductions: Department of Agriculture: Capital Improvement and Maintenance...................................................................................................................................... Distance Learning and Telemedicine Grants ........................................................................................................................... Forest Service Research and Grants .......................................................................................................................................... Housing Repair Loans ...................................................................................................................................................................... In-House Research Construction ................................................................................................................................................. In-House Research Programs ....................................................................................................................................................... Land Acquisition.................................................................................................................................................................................. Multifamily Housing Revitalization Vouchers ............................................................................................................................ National Forest System .................................................................................................................................................................... Water and Wastewater Grants ....................................................................................................................................................... Mandatory Reductions Providing Discretionary Offsets: Agricultural Management Assistance ..................................................................................................................................... Conservation Security Program................................................................................................................................................ Environmental Quality Incentives Program .......................................................................................................................... Funds for Strengthening Markets, Income, and Supply ................................................................................................... Total, Department of Agriculture ............................................................................................................................................... 147 1 29 38 THE BUDGET FOR FISCAL YEAR 2009 Table S–5. Discretionary Program Terminations and Reductions—Continued 148 Table S–5. Discretionary Program Terminations and Reductions—Continued (Budget authority and obligation limitations in millions of dollars) 2008 2009 Enacted Request Department of Health and Human Services: Health Resources and Services Administration—Health Professions Grants ............................................................. Health Resources and Services Administration—Rural Health ........................................................................................ Substance Abuse and Mental Health Services Administration—Programs of Regional and National Significance ...................................................................................................................................................................................... Mandatory Reduction Providing Discretionary Offsets: Social Services Block Grant....................................................................................................................................................... Total, Department of Health and Human Services ............................................................................................................ 2009 Less 2008 110 25 240 150 889 639 250 — 1,414 500 274 500 1,140 Department of Homeland Security: State and Local Support Programs.............................................................................................................................................. Total, Department of Homeland Security .............................................................................................................................. 4,105 4,105 2,200 2,200 1,905 1,905 Department of Housing and Urban Development: Community Development Block Grant (including cancellation) ......................................................................................... Public Housing Capital Fund .......................................................................................................................................................... Total, Department of Housing and Urban Development .................................................................................................. 3,866 2,439 6,305 2,794 2,024 4,818 1,072 415 1,487 Department of the Interior: Bureau of Indian Affairs—Roads .................................................................................................................................................. U.S. Geological Survey—Mineral Resources Program ........................................................................................................ Total, Department of the Interior ............................................................................................................................................... 26 51 77 13 26 39 13 25 38 Department of Labor: Indian and Native American Training Program ........................................................................................................................ International Labor Affairs Bureau ............................................................................................................................................... Job Training Grants Consolidation ............................................................................................................................................... Office of Disability Employment Policy ....................................................................................................................................... Pilots, Demonstrations and Research ........................................................................................................................................ Senior Community Service Employment ................................................................................................................................... Total, Department of Labor ......................................................................................................................................................... 53 81 3,850 27 49 522 4,582 45 15 2,826 12 16 350 3,264 8 66 1,024 15 33 172 1,318 Department of Transportation: Amtrak (Intercity Passenger Rail) ................................................................................................................................................. Essential Air Service ......................................................................................................................................................................... 1,355 60 900 — 455 60 SUMMARY TABLES 350 175 (Budget authority and obligation limitations in millions of dollars) 2008 2009 Enacted Request 2009 Less 2008 Federal Aid Highways (obligation limitation) ............................................................................................................................. Railroad Rehabilitation and Improvement Financing Loan Program ............................................................................... Total, Department of Transportation ........................................................................................................................................ 41,216 — 42,631 39,399 — 40,299 1,817 — 2,332 Environmental Protection Agency: Clean Water State Revolving Fund .............................................................................................................................................. Mexico Border Water Infrastructure Assistance ...................................................................................................................... Nonpoint Source Grants .................................................................................................................................................................. Total, Environmental Protection Agency ................................................................................................................................ 689 20 201 910 555 10 185 750 134 10 16 160 National Aeronautics and Space Administration: Aeronautics Research ...................................................................................................................................................................... New Millennium Program................................................................................................................................................................. Total, National Aeronautics and Space Administration .................................................................................................... 627 58 685 545 4 549 82 54 136 Small Business Administration: Microloan Program ............................................................................................................................................................................. Total, Small Business Administration ...................................................................................................................................... 17 17 — — 17 17 448 12 26 200 6 6 248 6 20 10 496 — 212 10 284 67,277 56,235 11,042 74,316 56,151 THE BUDGET FOR FISCAL YEAR 2009 Table S–5. Discretionary Program Terminations and Reductions—Continued 18,165 Other Agencies: Corporation for Public Broadcasting ............................................................................................................................................ Delta Regional Authority .................................................................................................................................................................. Denali Commission Direct Grant-Making .................................................................................................................................. National Archives and Records Administration—National Historical Publications and Records Commission ..................................................................................................................................................................................... Total, Other Agencies ................................................................................................................................................................... Total, Program Reductions ............................................................................................................................................................. Total, Program Terminations and Reductions ...................................................................................................................... 149 150 Table S–6. Mandatory Proposals (In millions of dollars) 2008 2010 2011 2012 2013 Total 2009–2013 2009–2018 107 109 620 790 895 115 2,529 2,406 — 96 98 100 102 104 500 1,053 — — — 27 — 20 30 15 27 30 15 27 31 15 28 32 15 29 150 60 131 318 135 290 — — — — 107 10 10 — — 34 10 10 — 100 550 10 10 — 60 678 10 10 — 40 759 10 10 — — 65 50 50 — 200 1,888 100 100 — 200 810 — 1,387 29 21 16 11 1,464 1,485 — — — 260 1,116 2,763 47 698 775 45 735 801 48 821 885 56 792 859 457 4,162 6,083 788 7,220 9,493 — 20 40 50 50 50 210 300 — 140 12,437 1,767 26,875 2,924 39,798 3,758 45,741 4,305 53,384 4,671 178,235 17,425 556,373 46,748 — — 2,260 50 3,005 75 4,010 25 4,680 — 5,315 — 19,270 150 50,000 150 SUMMARY TABLES Mandatory Proposals, including Savings and Augmentations: Agriculture: Reauthorize Farm Bill ....................................................... Charge Food Safety and Inspection Service user fees 1 .................................................................................. Charge Grain Inspection, Packers and Stockyards Administration user fees 1 ............................................ Charge crop insurance user fees 1 ............................... Charge Animal Welfare Act user fees 1....................... Implement country of origin labeling audit program: Receipts............................................................................. Spending ........................................................................... Net effect....................................................................... Extend Forest County Safety Net Payments ............ Total, Agriculture ............................................................. Education: Reform the Federal student aid programs: Restrict loans eligible for public sector loan forgiveness ................................................................... Eliminate the interest subsidy on loans eligible for income-based repayment ................................. Recall Perkins Loan balances ................................... Total, Education .............................................................. Energy: Repeal oil and gas research and development program ............................................................................. Health and Human Services: Reform Medicare ................................................................ Reform Medicaid ................................................................. Reauthorize State Children’s Health Insurance Program (SCHIP) 2 ........................................................ Fund high-risk health insurance pools ........................ 2009 (In millions of dollars) 2008 Eliminate Social Services Block Grant (SSBG) ....... Provide Temporary Assistance for Needy Families (TANF) supplemental grants and contingency fund for child welfare option ....................................... Improve child support enforcement collection tools..................................................................................... Extend Abstinence Education program ...................... Introduce Foster Care child welfare program option .................................................................................. Modify Foster Care District of Columbia Federal Medical Assistance Percentage (FMAP) Rate .... Charge Food and Drug Administration re-inspection and export certification fees 1 ........ Total, Health and Human Services .......................... Homeland Security: Propose a surcharge on the passenger security fee to fund baggage screening systems ................ Housing and Urban Development: Charge Government-Sponsored Enterprises oversight fee ..................................................................... 2010 2011 2012 Total 2013 2009–2013 2009–2018 — — 1,445 1,683 1,700 1,700 6,528 15,028 — 236 299 317 323 326 1,501 3,102 — 5 6 25 9 43 6 48 1 49 1 50 21 215 4 465 — 8 6 21 8 25 2 1 — 6 6 7 6 7 32 69 — 145 27 11,640 28 27,829 28 40,833 29 46,725 30 54,113 142 181,139 302 564,662 — 106 21 8 1 107 29 * — 6 6 6 6 6 30 60 — 20 55 80 100 100 355 855 — — — — 3,502 3,502 2 2 503 503 3 3 4,010 4,010 4,025 4,025 — — — 385 3,502 676 2 48 503 506 3 225 4,010 281 4,025 8 — 54 64 53 46 52 269 559 151 Interior: Match National Park Centennial Challenge Fund gift receipts ....................................................................... Authorize Arctic National Wildlife Refuge leasing: State of Alaska’s share: Receipts ........................................................................ Expenditures ............................................................... Federal share: Receipts ........................................................................ Require up-front payment of coal bonus bids .......... Return to net receipts sharing for energy minerals ............................................................................. 2009 THE BUDGET FOR FISCAL YEAR 2009 Table S–6. Mandatory Proposals—Continued 152 Table S–6. Mandatory Proposals—Continued (In millions of dollars) 2008 Repeal Energy Policy Act fee prohibition and mandatory permit funds............................................... Amend Bureau of Land Management (BLM) Federal land sale authority ......................................... Terminate BLM Range Improvement Fund ............... Increase fees for Migratory Bird Hunting and Conservation Stamps 3 ............................................... Recover Pick-Sloan project cost ................................... Implement a settlement to restore the San Joaquin River .................................................................................... 2010 2011 2012 Total 2013 2009–2013 2009–2018 — 35 36 30 30 30 161 239 — — 2 6 20 9 61 10 41 10 37 10 161 45 322 95 — — 10 23 14 23 14 23 14 23 14 23 66 115 136 230 — 14 — 461 177 4,438 19 18 19 14 29 213 96 4,718 17 4,470 — 380 2,217 2,093 2,127 2,056 8,873 18,514 — — 470 504 356 362 1,692 3,632 — — — — 95 95 — 10 95 95 — 14 95 95 — 21 95 95 — 15 95 95 — 12 475 475 — 72 950 950 — 288 — — — — — 2,288 2,288 — 6 384 411 411 — 3 2,698 398 398 — 8 2,610 392 392 — 1 2,497 388 388 — 3 2,433 699 699 — 15 10,622 1,201 1,201 — 81 22,515 — — — — — — — 608 — — 53 10 56 10 60 10 64 10 68 10 301 50 717 100 SUMMARY TABLES Total, Interior .................................................................... Labor: Reform Pension Benefit Guaranty Corporation premiums .......................................................................... Recover Unemployment Insurance overpayments ......................................................................... Implement foreign labor certification user fees: Receipts............................................................................. Spending ........................................................................... Net effect....................................................................... Reform Federal Employees Compensation Act ...... Refinance the Black Lung Disability Trust Fund: Black Lung Disability Trust Fund .............................. Interest payments on repayable advances ........... Net effect....................................................................... Reform Trade Adjustment Assistance ......................... Total, Labor ....................................................................... Transportation: Modify financing of the Airport and Airway Trust Fund .................................................................................... Treasury: Improve payment transaction integrity ........................ Modernize cash investment practices ......................... 2009 (In millions of dollars) 2008 Eliminate the 10-year statute of limitations on non-tax debt ..................................................................... Extend the rum carryover for Puerto Rico ................ Total, Treasury ................................................................. Veterans Affairs: Adopt third-party insurance co-payment offset 1 ..... Charge medical care enrollment fees for non-disabled higher-income veterans and increase pharmacy co-payments to align with other health care plans 1 .............................................. Total, Veterans Affairs ................................................... Corps of Engineers: Collect additional recreation user fees, lease receipts, and contributions: Receipts ........................................................................ Spending....................................................................... Net effect .................................................................. Commodity Futures Trading Commission: Charge user fees 1 .............................................................. Environmental Protection Agency: Increase or reinstate pesticide user fees and lift cap on pre-manufacture notice fee 1........................ Federal Communications Commission (FCC): Provide spectrum license fee authority ...................... Charge Ancillary Terrestrial Component spectrum fee ........................................................................................ Extend spectrum auction authority .............................. Auction domestic satellite spectrum ............................ Eliminate Telecommunications Development Fund .................................................................................... Total, FCC ......................................................................... 2009 2010 2011 2012 2013 Total 2009–2013 2009–2018 — 75 75 15 102 24 8 25 49 8 — 78 8 — 82 8 — 86 47 127 271 87 127 777 — 44 44 44 43 43 218 420 — — 335 379 421 465 414 458 464 507 483 526 2,117 2,335 4,796 5,216 — — — 9 — 9 17 8 9 17 17 — 17 17 — 17 17 — 77 59 18 162 144 18 — 96 100 103 107 111 517 1,130 — 52 56 55 55 45 263 502 50 150 300 300 400 450 1,600 4,081 30 — 250 60 — 100 100 — 100 125 — 75 125 200 20 125 200 15 535 400 310 1,160 1,400 343 5 335 6 316 7 507 7 507 7 752 7 797 34 2,879 THE BUDGET FOR FISCAL YEAR 2009 Table S–6. Mandatory Proposals—Continued 69 7,053 153 154 Table S–6. Mandatory Proposals—Continued (In millions of dollars) 2008 Office of Personnel Management (OPM): Amend Federal Employee Health Benefits Program statute .............................................................. Improve equity and administration of the Federal retirement system .......................................................... Replace non-foreign cost of living adjustment with locality pay 3 ............................................................ Total, OPM ........................................................................ Social Security Administration (SSA): Extend temporarily length of time-limited Supplemental Security Income eligibility for refugees and asylees ................................................... Total, Mandatory Proposals including Savings and Augmentations ............................. Establish Social Security Personal Accounts (Off-Budget) ........................................................................... 2010 2011 2012 Total 2013 2009–2013 2009–2018 — 40 147 248 327 403 1,165 3,675 — 2 3 4 6 7 22 74 — — — 38 — 144 — 244 — 321 — 396 — 1,143 — 3,601 — 53 47 49 — — 149 149 8 16,226 36,540 45,045 51,241 59,167 208,220 619,446 — — — — — 30,275 30,275 647,178 — 6 182 168 168 183 695 1,838 — 232 31 17 15 13 156 144 — 186 3,688 3,173 2,586 1,889 11,522 8,518 — 3 78 72 72 78 297 787 — — — 37 377 3,082 380 2,570 388 1,973 392 1,249 1,537 8,837 3,560 2,189 SUMMARY TABLES Outlay Effects of Tax Proposals: 3 Earned Income Tax Credit (EITC): Clarify uniform definition of a child ............................... Simplify EITC eligibility requirement regarding filing status, presence of children, and work and immigration status .......................................................... Provide a new standard deduction for health insurance ($15,000 for family coverage and $7,500 for individual coverage) ................................. Child Tax Credit: Clarify uniform definition of a child ............................... Reduce computational complexity of refundable child tax credit ................................................................. Total, Outlay Effects of Tax Proposals .................... 2009 (In millions of dollars) 2008 2010 2011 2012 Total 2013 2009–2013 2009–2018 — 71 530 828 936 1,046 3,411 9,732 — 850 29 51 62 69 1,061 1,357 — 10 88 161 167 172 598 1,566 — 4 35 84 152 240 515 1,100 — — — — 144 316 460 2,533 — 52 63 55 50 46 266 455 — 28 5 28 5 — — — — — 49 120 147 181 399 804 — — — 119 4 — 892 58 67 1,627 242 140 1,525 457 146 750 517 151 4,913 1,278 504 6,480 3,527 1,363 — 20 55 80 100 100 355 855 — — — — 795 — 795 17,958 — 81 173 239 289 333 1,115 3,214 — 2 8 15 23 31 79 361 155 Other Proposals and Indirect Effects: Provide six months of retroactivity for disability applications (off-budget) .................................................. Combine retroactive Old-Age, Survivors, and Disability Insurance benefits with monthly benefit payment (off-budget) ......................................................... Require full-time school attendance for child’s Social Security benefits at age 16 (off-budget) ..................... Simplify the benefit offset for combined beneficiaries of Disability Insurance and Workers Compensation (off-budget) ........................................................................... Improve enforcement of Windfall Elimination Provision/Government Pension Offset (off-budget) Eliminate Commodity Supplemental Food Program: Food Stamp impact (third scorecard) .......................... Reduce SSBG in 2009: TANF impact (third scorecard) ............................................................................. Eliminate SSBG as of 2010: TANF, Child Care, and Foster Care impact (third scorecard)........................... Increase program integrity efforts: Supplemental Security Income impact (third scorecard) ......................................................................... Disability Insurance impact (third scorecard) ........... Recover Unemployment Insurance overpayments .... Match National Park Centennial Challenge Fund gift receipts (third scorecard) ................................................ Transfer royalty oil to the Strategic Petroleum Reserve .................................................................................. Amend Federal Employee Health Benefits Program Reserve statue (third scorecard) .................................. Replace non-foreign cost of living adjustment with locality pay (third scorecard)........................................... 2009 THE BUDGET FOR FISCAL YEAR 2009 Table S–6. Mandatory Proposals—Continued 156 Table S–6. Mandatory Proposals—Continued (In millions of dollars) 2008 Implement Rural Utilities Service Electric and Telecommunication Direct Loan legislative proposal: Federal Financing Bank Impact (third scorecard) ............................................................................. Morris K. Udall Scholarship Fund (third scorecard) ... Total, Other Proposals and Indirect Effects............... 2009 2010 2011 2012 2013 Total 2009–2013 2009–2018 — — — 15 4 860 69 4 1,387 165 4 2,513 294 4 1,938 456 4 2,172 999 20 8,870 6,420 45 1,732 ................................................................................. 8 17,127 34,846 44,982 51,202 29,813 177,970 31,665 Memorandum: Outlay Effects of Tax Extensions Assumed in Baseline: 3 Child Tax Credit extension ................................................... Earned Income Tax Credit: marriage penalty relief .... Total ......................................................................................... — — — — — — — — — 48 382 334 13,554 1,852 15,406 13,584 1,849 15,433 27,186 3,319 30,505 95,920 12,604 108,524 Grand Total * $500 thousand or less. 1 If enacted, the Administration would work to classify the receipts as discretionary offsets beginning in 2010. 2 Represents total cost of SCHIP reauthorization, including SCHIP and Medicaid costs, as well as spending resulting from outreach grants. 3 Affects both receipts and outlays. Only the outlay effect is shown here. For receipt effects, see Table S–7. SUMMARY TABLES (In millions of dollars) Economic growth package ................................................... Make Permanent Certain Tax Relief Enacted in 2001 and 2003 (assumed in the baseline): Dividends tax rate structure ............................................. Capital gains tax rate structure....................................... Expensing for small businesses ..................................... Marginal individual income tax rate reductions ........ Child tax credit 1 ................................................................. Marriage penalty relief 1 ................................................... Education incentives .......................................................... Repeal of estate and generation-skipping transfer taxes, and modification of gift taxes ......................... Other incentives for families and children ................... Total, make permanent certain tax relief enacted in 2001 and 2003 ........................................................ 2009 2010 2012 2013 125,000 20,000 10,000 8,000 6,000 4,000 8,000 8,000 — — — — — — — 425 — — — — — — 5,554 4,094 — — — — — 24,361 17,416 4,160 75,160 5,062 5,117 738 4,616 3,683 5,810 119,341 20,357 7,715 1,339 13,873 8,461 4,288 123,794 20,777 7,001 1,413 47,979 33,654 14,258 318,295 46,196 19,833 3,490 196,413 104,804 26,537 1,007,667 155,731 46,939 11,540 422 — 2,502 — 3,453 6 26,409 364 57,639 678 59,670 678 149,673 1,714 521,982 5,157 422 2,077 13,095 158,787 221,178 239,955 635,092 2,076,770 — — — 1,527 80 1,447 3,545 120 3,425 3,023 132 2,891 1,075 141 934 1,314 150 1,464 7,856 623 7,233 592 1,484 2,076 — 1,086 1,495 1,083 851 688 5,203 7,578 — 23,002 28,412 22,680 15,360 4,692 94,146 41,051 — 420 779 931 1,031 1,123 4,284 11,511 — — — 23,422 — 29,191 — 23,611 — 16,391 — 5,815 — 98,430 — 29,540 2009–2013 2009–2018 157 Tax Incentives: Simplify and encourage saving: Expand tax-free savings opportunities ........................ Consolidate employer-based savings accounts ....... Total, simplify and encourage saving ....................... Encourage entrepreneurship and investment: Increase expensing for small businesses ................... Invest in health care: Provide a new standard deduction for health insurance ($15,000 for family coverage and $7,500 for individual coverage) 1 .............................. Expand and make health savings accounts (HSAs) more flexible ...................................................................... Allow the orphan drug tax credit for certain pre-designation expenses 2 ........................................ Total, invest in health care ........................................... 2011 Total 2008 THE BUDGET FOR FISCAL YEAR 2009 Table S–7. Effect of Proposals on Receipts 158 Table S–7. Effect of Proposals on Receipts—Continued (In millions of dollars) 2008 Provide incentives for charitable giving: Permanently extend tax-free withdrawals from IRAs for charitable contributions................................ Permanently extend the enhanced charitable deduction for contributions of food inventory ........ Permanently extend the deduction for corporate donations of computer equipment for educational purposes ............................................................................ Permanently extend increased limits on contributions of partial interests in real property for conservation purposes ........................................... Permanently extend basis adjustment to stock of S corporations contributing appreciated property ... Reform excise tax based on investment income of private foundations ......................................................... Total, provide incentives for charitable giving ....... Strengthen education: Permanently extend the above-the-line deduction for qualified out-of-pocket classroom expenses... Allow the saver’s credit for contributions to qualified tuition programs ............................................................... Total, strengthen education ......................................... Strengthen housing: Expand tax-exempt qualified mortgage bond program to assist subprime borrowers .................... 2010 2011 2012 2013 Total 2009–2013 2009–2018 — 300 551 434 284 211 1,780 3,321 44 96 106 116 127 140 585 1,524 50 118 147 154 162 170 751 1,838 48 35 22 18 21 22 118 245 3 15 21 25 28 32 121 354 105 250 152 716 152 999 153 900 154 776 155 730 766 4,121 1,578 8,860 18 180 183 185 188 191 927 1,927 — 18 88 268 183 366 198 383 213 401 227 418 909 1,836 2,259 4,186 27 116 230 305 329 331 1,311 2,687 180 501 356 343 327 284 1,811 2,870 — 180 — 501 3 359 6 349 10 337 15 299 34 1,845 214 3,084 SUMMARY TABLES Protect the environment: Permanently extend expensing of Brownfields remediation costs ............................................................ Eliminate the volume cap for private activity bonds for water infrastructure .................................................. Total, protect the environment .................................... 2009 (In millions of dollars) 2008 Restructure assistance to New York City for continued recovery from the attacks of September 11th: Provide tax incentives for transportation infrastructure ......................................................................... Total, tax incentives............................................................. Simplify the Tax Laws for Families: Clarify uniform definition of a child 1 ................................. Simplify EITC eligibility requirement regarding filing status, presence of children, and work and immigrant status 1 ................................................................ Reduce computational complexity of refundable child tax credit 1 .............................................................................. Total, simplify the tax laws for families ......................... Improve Tax Compliance: 2 Expand information reporting .............................................. Improve compliance by businesses .................................. Strengthen tax administration .............................................. Expand penalties...................................................................... Total, improve tax compliance......................................... 2010 2011 2012 2013 — 475 200 24,862 200 29,415 200 23,940 200 18,351 200 9,945 1,000 106,513 2,000 931 — 6 30 38 17 23 114 275 — 35 28 26 24 23 66 181 — — — 41 — 2 — 12 — 7 — — — 48 — 94 — — — — — 302 3 — — 305 1,333 5 — — 1,338 2,227 5 3 — 2,235 2,960 5 6 — 2,971 3,653 6 8 1 3,668 10,475 24 17 1 10,517 35,756 57 72 6 35,891 — — — — — — — — — — — — — — — — — — 1 2 2 2 7 17 — — 2 64 13 109 16 115 13 120 11 126 55 534 66 1,267 2009–2013 2009–2018 159 Improve Tax Administration and Other Miscellaneous Proposals: Implement IRS administrative reforms and extend IRS authority to fund undercover operations 2 ......... Increase transparency of the cost of employer-provided health insurance 2 ......................... Equalize penalty standards between preparers and taxpayers ................................................................................ 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 ............................. Total 2009 THE BUDGET FOR FISCAL YEAR 2009 Table S–7. Effect of Proposals on Receipts—Continued 160 Table S–7. Effect of Proposals on Receipts—Continued (In millions of dollars) 2008 Repeal excise tax on local telephone service ........... Modify financing of the Airport and Airway Trust Fund 3 ...................................................................................... Improve financing of the Inland Waterways Trust Fund 3 ...................................................................................... Anticipated receipt of donations to the National Park Service through the National Park Centennial Challenge Fund .................................................................... Increase fees for Migratory Bird Hunting and Conservation Stamps......................................................... Transition from the non-foreign cost-of-living adjustment to locality pay for employees in non-foreign areas ................................................................ Total, improve tax administration and other miscellaneous proposals 3 .......................................... Improve Unemployment Insurance: Strengthen the financial integrity of the unemployment insurance system by reducing improper benefit payments and tax avoidance 3 ....................................... Extend unemployment insurance surtax 3 ..................... Total, improve unemployment insurance 3 ................. 3 2009 2010 2011 2012 Total 2013 2009–2013 2009–2018 — 248 170 118 83 79 698 1,076 — — 6,768 7,106 7,526 7,909 29,309 75,594 — 109 119 127 159 126 640 1,015 — 100 100 100 100 100 500 1,000 — 14 14 14 14 14 70 140 — 1 2 3 4 5 15 50 — 42 6,582 6,851 7,201 7,608 28,200 73,149 — — — — 1,079 1,079 35 465 500 34 — 34 107 — 107 314 — 314 352 1,544 1,192 1,581 590 991 — 20 73 114 110 89 406 580 16 16 61 81 91 164 76 190 43 153 19 108 290 696 353 933 Promote Trade: Implement free trade agreements and modify other trade-related provisions 3 ................................................. 86 1,653 2,319 2,674 2,408 2,426 11,480 20,380 Extend Expiring Provisions: Minimum tax relief for individuals ....................................... 11,673 60,908 14,216 — — — 46,692 46,692 SUMMARY TABLES Modify Energy Provisions: Repeal reduced recovery period for natural gas distribution lines ................................................................... Modify amortization for certain geological and geophysical expenditures ................................................. Total, modify energy provisions ...................................... (In millions of dollars) 2008 Research and experimentation tax credit ....................... First-time homebuyer credit for the District of Columbia................................................................................. Deferral of gains from sales of electric transmission property ................................................................................... New Markets tax credit .......................................................... Subpart F “active financing” exception ............................. Subpart F “look-through” exception................................... Exception for retirement plan distributions provided individuals called to active duty for at least 179 days 2 ....................................................................................... Disclosure of tax return information related to terrorist activity 2 .................................................................................. Disclosure of tax return information to the Department of Veterans Affairs 2 ........................................................... Excise tax on coal 3 ................................................................ Total, extend expiring provisions 3 ................................ Total budget proposals, including proposals assumed in the baseline 3 ................................................ Total budget proposals, excluding proposals assumed in the baseline 3 ................................................ 1 2 3 2009 2010 2011 2012 Total 2013 2009–2013 2009–2018 3,221 7,071 9,145 10,601 11,809 12,833 51,459 133,060 1 20 19 — — — 39 39 31 — — — 66 132 1,598 347 61 194 1,065 231 10 191 — — 31 217 — — 40 231 — — 66 965 2,663 578 30 1,287 2,663 578 — — — — — — — — — — — — — — — — — — 14,926 — — 70,142 — — 3,501 — — 10,802 — — 11,995 — — 13,024 — — 102,462 — 1,387 182,902 140,893 117,186 35,906 192,583 252,123 265,496 863,294 2,310,205 140,471 115,109 22,811 33,796 30,945 25,541 228,202 THE BUDGET FOR FISCAL YEAR 2009 Table S–7. Effect of Proposals on Receipts—Continued 233,435 Affects both receipts and outlays. Only the receipt effect is shown here. For the outlay effect, see Table S–6. "Tax gap"-related proposals. Net of income offsets. 161 162 Table S–8. Budget Summary by Category (In billions of dollars) 2007 Actual Outlays: Discretionary: Security ................................................. Non-security ........................................ Total, discretionary ....................... Mandatory: Social Security: Current program ............................ Personal accounts ........................ Estimate 2008 2009 2010 2011 2012 2013 594 448 1,042 656 481 1,137 730 482 1,212 646 455 1,100 619 440 1,059 623 432 1,056 633 429 1,062 581 — 610 — 644 — 681 — 720 — 763 — 812 30 Medicare............................................... Medicaid and SCHIP ....................... Other ...................................................... Total, mandatory ........................... Net interest............................................... Total, outlays ................................................ 371 197 302 1,451 237 2,730 391 211 338 1,551 244 2,931 408 224 360 1,636 260 3,107 422 239 368 1,711 280 3,091 455 256 387 1,818 294 3,171 449 276 378 1,866 300 3,222 500 297 395 2,034 302 3,399 Receipts......................................................... Deficit( )/surplus(+) ............................. 2,568 162 2,521 410 2,700 407 2,931 160 3,076 95 3,270 48 3,428 29 On-budget deficit ................................... Off-budget surplus................................. 343 181 602 192 611 204 384 224 335 241 203 251 201 230 SUMMARY TABLES (In billions of dollars) 2007 Actual Individual income taxes ............................................................... Corporation income taxes .......................................................... Social insurance and retirement receipts ............................. (On-budget) ................................................................................. (Off-budget) ................................................................................. Excise taxes .................................................................................... Estate and gift taxes ..................................................................... 1,163.5 370.2 869.6 (234.5) (635.1) 65.1 26.0 Estimate 2008 2009 2010 2011 2012 2013 1,219.7 345.3 910.1 (247.9) (662.2) 68.8 26.8 1,259.0 339.2 949.4 (253.8) (695.6) 68.9 26.3 1,417.3 338.9 1,004.0 (263.9) (740.2) 60.7 19.5 1,499.0 356.8 1,059.7 (278.3) (781.4) 65.9 1.5 1,599.9 391.3 1,111.4 (292.9) (818.6) 68.5 0.4 1,709.1 379.8 1,168.5 (309.4) (859.1) 69.7 0.5 Customs duties............................................................................... 26.0 29.2 29.1 30.8 32.5 35.0 37.0 Miscellaneous receipts ................................................................ 47.8 46.3 47.9 50.0 53.2 57.4 59.5 Economic growth package ......................................................... — 125.0 20.0 10.0 8.0 6.0 4.0 Total receipts ........................................................................... 2,568.2 2,521.2 2,699.9 2,931.3 3,076.4 3,269.9 3,428.2 (On-budget) ............................................................................ (1,933.2) (1,859.0) (2,004.4) (2,191.2) (2,295.1) (2,451.3) (2,569.1) (Off-budget) ............................................................................ (635.1) (662.2) (695.6) (740.2) (781.4) (818.6) (859.1) THE BUDGET FOR FISCAL YEAR 2009 Table S–9. Receipts by Source 163 164 Table S–10. Comparison of Economic Assumptions (Calendar years) Projections Average 2008–2013 2009 2010 2011 2012 2013 GDP (billions of current dollars): 2009 Budget .................................................. CBO January................................................. Blue Chip Consensus January ............... 14,480 14,330 14,449 15,215 14,997 15,150 15,987 15,812 15,906 16,782 16,651 16,705 17,603 17,453 17,551 18,462 18,243 18,428 Real GDP (chain-weighted): 1 2009 Budget .................................................. CBO January................................................. Blue Chip Consensus January ............... 2.7 1.7 2.2 3.0 2.8 2.7 3.0 3.5 2.8 2.9 3.4 2.9 2.8 2.9 2.9 2.8 2.6 2.8 2.9 2.8 2.7 Chain-weighted GDP Price Index: 1 2009 Budget .................................................. CBO January................................................. Blue Chip Consensus January ............... 1.9 1.9 2.1 2.0 1.8 2.1 2.0 1.8 2.1 2.0 1.8 2.1 2.0 1.9 2.1 2.0 1.9 2.1 2.0 1.9 2.1 Consumer Price Index (all-urban): 1 2009 Budget .................................................. CBO January................................................. Blue Chip Consensus January ............... 2.7 2.9 2.9 2.1 2.3 2.3 2.3 2.2 2.3 2.3 2.2 2.3 2.3 2.2 2.3 2.3 2.2 2.3 2.3 2.3 2.4 Unemployment rate: 2 2009 Budget .................................................. CBO January................................................. Blue Chip Consensus January ............... 4.9 5.1 5.0 4.9 5.4 5.0 4.8 5.1 4.8 4.8 4.8 4.8 4.8 4.8 4.8 4.8 4.8 4.8 4.8 5.0 4.9 Interest rates: 2 91-day Treasury bills: 2009 Budget.............................................. CBO January ............................................ Blue Chip Consensus January........... 3.7 3.2 3.4 3.8 4.2 3.9 4.0 4.6 4.5 4.1 4.7 4.5 4.1 4.7 4.5 4.1 4.7 4.5 4.0 4.3 4.2 10-year Treasury notes: 2009 Budget.............................................. CBO January ............................................ Blue Chip Consensus January........... 4.6 4.2 4.3 4.9 4.9 4.8 5.1 5.2 5.2 5.2 5.2 5.2 5.3 5.2 5.2 5.3 5.2 5.2 5.1 5.0 5.0 Sources: Congressional Budget Office (CBO); Blue Chip Economic Indicators, Aspen Publishers, Inc. January 2008 Blue Chip Consensus forecast for 2008 and 2009; Blue Chip October 2007 long-run extension for 2010–2013. 1 Year-over-year percent change. 2 Annual average, percent. SUMMARY TABLES 2008 (Dollar amounts in billions) Estimate 2007 Actual Financing: Unified budget deficit( )/surplus(+) ................................................................... 2008 2009 2010 2011 2012 2013 162 410 407 160 95 48 29 23 2 1 30 — 1 — — 1 — — 1 — — 1 — — 1 — — 1 8 9 10 3 16 5 15 1 16 1 17 2 17 2 National Railroad Retirement Investment Trust( ) .............................. Total, financing other than borrowing from the public..................... Total, requirement to borrow from the public................................. 3 44 206 2 17 393 * 20 428 * 15 175 * 14 109 * 18 30 1 17 12 Change in debt held by the public....................................................................... 206 393 428 175 109 30 12 Changes in Debt Subject to Statutory Limitation: Change in debt held by the public....................................................................... Change in debt held by Government accounts .............................................. Change in other factors .......................................................................................... Total, change in debt subject to statutory limitation ................................. 206 293 2 501 393 310 * 704 428 331 2 761 175 366 1 542 109 394 2 504 30 442 2 413 12 420 2 410 Debt Subject to Statutory Limitation, End of Year: Debt issued by Treasury ......................................................................................... Adjustment for discount, premium, and coverage 3 .................................... 8,926 4 9,629 4 10,388 2 10,929 * 11,431 1 11,843 3 12,251 4 8,921 9,625 10,386 10,928 11,432 11,845 THE BUDGET FOR FISCAL YEAR 2009 Table S–11. Federal Government Financing and Debt 12,256 Financing other than borrowing from the public: Changes in: 1 Treasury operating cash balance( )......................................................... Checks outstanding, etc. 2 .......................................................................... Seigniorage on coins ........................................................................................... Credit net financing disbursements( ): Direct loan financing accounts .................................................................... Guaranteed loan financing accounts ........................................................ Net purchases of non-Federal securities by the Total, debt subject to statutory limitation 4 ................................................. 165 166 Table S–11. Federal Government Financing and Debt—Continued (Dollar amounts in billions) 2007 Actual Debt Outstanding, End of Year: Gross Federal debt: 5 Debt issued by Treasury .................................................................................... Debt issued by other agencies ........................................................................ Total, gross Federal debt ............................................................................... Held by: Debt held by Government accounts .............................................................. Debt held by the public 6 .................................................................................. As a percent of GDP ....................................................................................... Estimate 2008 2009 2010 2011 2012 2013 8,926 25 8,951 9,629 25 9,654 10,388 25 10,413 10,929 26 10,954 11,431 26 11,456 11,843 25 11,868 12,251 25 12,276 3,916 5,035 36.8% 4,226 5,429 37.9% 4,557 5,856 39.0% 4,923 6,031 38.2% 5,317 6,140 37.0% 5,759 6,110 35.1% 6,179 6,097 33.4% * $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 $9,815 billion, enacted on September 29, 2007. 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 2007, the Federal Reserve Banks held $779.6 billion of Federal securities and the rest of the public held $4,255.5 billion. Debt held by the Federal Reserve Banks is not estimated for future years. SUMMARY TABLES
@FedFRASER