|
Table S–1. Budget
Totals (Dollar amounts in billions)
| |
2006 |
2007 |
2008 |
2009 |
2010 |
2011 |
2012 |
| |
|
|
|
|
|
|
|
| Budget Totals: |
|
|
|
|
|
|
|
| Receipts |
2,407 |
2,540 |
2,662 |
2,798 |
2,955 |
3,104 |
3,307 |
| Outlays |
2,655 |
2,784 |
2,902 |
2,985 |
3,049 |
3,157 |
3,246 |
|
Deficit(–)/Surplus(+) |
−248 |
−244 |
−239 |
−187 |
−94 |
−54 |
+61 |
| |
|
|
|
|
|
|
|
| Gross Domestic Product (GDP) |
13,061 |
13,761 |
14,515 |
15,306 |
16,112 |
16,938 |
17,786 |
| |
|
|
|
|
|
|
|
| Budget Totals as a Percent of GDP: |
|
|
|
|
|
|
|
| Receipts |
18.4% |
18.5% |
18.3% |
18.3% |
18.3% |
18.3% |
18.6% |
| Outlays |
20.3% |
20.2% |
20.0% |
19.5% |
18.9% |
18.6% |
18.3% |
|
Deficit(–)/Surplus(+) |
−1.9% |
−1.8% |
−1.6% |
−1.2% |
−0.6% |
−0.3% |
+0.3% |
| |
|
|
|
|
|
|
|
Table S–2.
Discretionary Funding by Category (Net budget authority;
dollar amounts in billions)
| |
2006 |
2007 |
2008 |
Change from 2007 |
| Actual |
Current Law 1 |
Request |
Dollar |
Percent |
| Base Discretionary: |
|
|
|
|
|
| Security Funding 2 |
474.2 |
500.4 |
553.9 |
+53.5 |
10.7% |
| Non-Security Funding |
369.1 |
372.4 |
375.9 |
+3.6 |
1.0% |
| |
|
|
|
|
|
| Total, Discretionary |
843.4 |
872.8 |
929.8 |
+57.0 |
6.5% |
| |
|
|
|
|
|
| Enacted Supplemental and Emergency Funding:
|
|
|
|
|
|
| Global War on Terror |
120.4 |
70.0 |
|
|
|
| Hurricane Response |
24.7 |
0.2 |
|
|
|
| Pandemic Influenza Preparedness |
6.1 |
— |
|
|
|
| Border Security and Other |
2.2 |
1.8 |
|
|
|
| |
|
|
|
|
|
| Total, Enacted |
153.3 |
72.0 |
|
|
|
| |
|
|
|
|
|
| Requested Supplemental and Emergency Funding:
|
|
|
|
|
|
| Global War on Terror |
|
99.6 |
145.2 |
|
|
| Hurricane Response |
|
3.4 |
— |
|
|
| |
|
|
|
|
|
| Total, Requested |
|
103.0 |
145.2 |
|
|
| |
|
|
|
|
|
| Discretionary Outyears |
| (Net budget authority in billions of
dollars) |
| |
|
|
|
|
|
| |
2009 |
2010 |
2011 |
2012 |
|
| Base Discretionary: |
|
|
|
|
|
| Security Funding 3 |
581.1 |
597.0 |
604.6 |
615.0 |
|
| Non-Security Funding 4 |
379.7 |
383.4 |
387.3 |
391.2 |
|
| Total, Discretionary |
964.7 |
980.4 |
991.9 |
1,006.2 |
|
| Supplemental and Emergency Funding: |
|
|
|
|
|
| Global War on Terror |
50.0 |
|
|
|
|
| |
|
|
|
|
| 1 Base funding levels are equal to the amounts
enacted in the 2007 Department of Defense and Homeland Security Acts with
other Government operations equal to the estimated full-year funding
levels provided by P.L. 109-289, Division
B, as amended. These levels are adjusted to reflect the current
congressional discretionary topline of $872.8 billion, with the funding
difference allocated among the categories.
2 This category is comprised of funding for the
Department of Defense, homeland security activities Government-wide (see
Table S-4), and funding for international affairs (Function 150).
3 Department of Defense
levels are consistent with the Future Years Defense Plan, and the homeland
security levels are consistent with the Future Years Homeland Security
Plan. 4 These
amounts exclude the budgetary effects of the Administration's
reauthorization proposal of the Federal Aviation Administration
(FAA). That 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 volumes of the Budget. 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.
Table S–3.
Discretionary Funding by Major Agency (Net budget
authority in billions of dollars)
| Agency |
2006 |
2007 |
2008 |
| Actual |
Request |
Current Law 1 |
Request |
| Agriculture |
21.1 |
19.7 |
19.6 |
20.2 |
| Commerce |
6.4 |
6.1 |
5.6 |
6.6 |
| Defense |
410.7 |
439.3 |
429.6 |
481.4 |
| Education |
56.5 |
54.4 |
56.0 |
56.0 |
| Energy |
23.6 |
23.6 |
22.8 |
24.3 |
| Health and Human Services |
69.1 |
67.6 |
69.1 |
69.3 |
| Homeland Security |
30.7 |
30.9 |
32.0 |
34.3 |
| Housing and Urban Development |
34.1 |
33.6 |
34.7 |
35.2 |
| Interior |
10.8 |
10.5 |
10.3 |
10.6 |
| Justice |
21.1 |
19.5 |
19.4 |
20.2 |
| Labor |
11.3 |
10.9 |
11.7 |
10.6 |
| State and Other International
Programs |
30.2 |
33.9 |
28.7 |
35.0 |
| Transportation |
14.6 |
13.2 |
10.7 |
12.1 |
| Treasury |
11.4 |
11.6 |
11.4 |
12.1 |
| Veterans Affairs |
32.9 |
35.7 |
33.2 |
39.4 |
| Corps of Engineers |
5.3 |
4.7 |
4.7 |
4.9 |
| Environmental Protection Agency |
7.6 |
7.3 |
7.5 |
7.2 |
| Executive Office of the
President |
0.3 |
0.3 |
0.3 |
0.3 |
| Judicial Branch |
5.3 |
5.9 |
5.3 |
6.1 |
| Legislative Branch |
3.8 |
4.3 |
3.7 |
4.4 |
| National Aeronautics and Space
Administration |
16.3 |
16.8 |
16.2 |
17.3 |
| National Science Foundation |
5.6 |
6.0 |
5.6 |
6.4 |
| Small Business Administration |
0.5 |
0.6 |
0.4 |
0.5 |
| Social Security Administration |
7.4 |
7.9 |
7.6 |
7.9 |
| Other Agencies |
6.7 |
6.7 |
6.5 |
7.5 |
| |
|
|
|
|
| Total, Discretionary Spending |
843.4 |
871.0 |
852.8 |
929.8 |
| |
|
|
|
| Note: Amounts exclude enacted and requested supplemental and
emergency funding.1 Base funding levels are equal to the amounts
enacted in the 2007 Department of Defense and Homeland Security Acts with
other Government operations equal to the estimated full-year funding
levels provided by P.L. 109-289, Division
B, as amended.
Table S–4. Homeland
Security Funding by Agency (Budget authority in millions
of dollars)
| |
2006 |
2007 |
2008 |
| |
Actual |
Supplemental/ Emergency |
Current Law 1 |
Supplemental/ Emergency 2 |
Request |
Supplemental/ Emergency 2 |
| Homeland Security Funding: 3 |
|
|
|
|
|
|
| Agriculture |
598 |
— |
523 |
— |
718 |
— |
| Commerce |
181 |
— |
1,193 |
— |
219 |
— |
| Defense (DOD) |
16,477 |
1,031 |
16,538 |
— |
17,465 |
— |
| Energy |
1,701 |
— |
1,695 |
— |
1,833 |
— |
| Health and Human Services |
4,352 |
— |
4,313 |
— |
4,424 |
— |
| Homeland Security |
25,156 |
1,416 |
26,876 |
1,816 |
29,671 |
223 |
| Justice |
2,996 |
30 |
3,090 |
96 |
3,331 |
85 |
| State |
1,107 |
— |
1,239 |
— |
1,406 |
— |
| Treasury |
114 |
1 |
109 |
3 |
117 |
— |
| Transportation |
182 |
— |
179 |
— |
200 |
— |
| Veterans Affairs |
299 |
— |
245 |
— |
270 |
— |
| Environmental Protection Agency |
129 |
— |
133 |
— |
153 |
— |
| General Services Administration |
99 |
— |
74 |
— |
42 |
— |
| Intelligence Community Management
Account |
56 |
— |
56 |
— |
58 |
— |
| National Aeronautics and Space
Administration |
213 |
— |
199 |
— |
194 |
— |
| National Science Foundation |
344 |
— |
344 |
— |
375 |
— |
| Nuclear Regulatory Commission |
79 |
— |
66 |
— |
69 |
— |
| Smithsonian Institution |
83 |
— |
80 |
— |
93 |
— |
| Social Security Administration |
176 |
— |
194 |
— |
217 |
— |
| Other Agencies |
296 |
— |
256 |
— |
256 |
— |
| Total, Homeland Security Funding |
54,638 |
2,478 |
57,402 |
1,915 |
61,111 |
308 |
| Less, Defense-Military (DOD) |
−16,477 |
−1,031 |
−16,538 |
— |
−17,465 |
— |
| Less, Mandatory Homeland Security
Funding 4 |
−2,257 |
— |
−3,489 |
— |
−2,290 |
— |
| Less, Discretionary Fee-Funded
Activities |
−3,514 |
— |
−4,397 |
— |
−4,986 |
— |
| Net Non-DOD Discretionary Homeland Security
|
32,390 |
1,447 |
32,978 |
1,915 |
36,370 |
308 |
| |
|
|
|
|
|
| 1 Funding levels are equal to the amounts enacted
in the 2007 Department of Defense and Homeland Security Acts with other
Government operations equal to the estimated full-year funding levels
provided by P.L. 109-289, Division B, as
amended. 2 Inlcudes
$1.7 billion in fuding enacted in the 2007 Homeland Security and Defense
Acts. 2007 and 2008 also include an additional $0.2 billion and $0.3
billion, respectively, in the Administration's pending supplemental
requests for the Global War on Terror.3 For more detail on homeland security funding,
consult the Homeland Security Funding Analysis chapter in the Analytical
Perspectives volume of the Budget. 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.
4 Mandatory homeland
security programs include $1 billion from anticipated spectrum auction
receipts provided in the Deficit Reduction Act of 2005 for the Department
of Commerce to make grants to public safety agencies for communications
interoperability purposes.
Table S–5. Mandatory
Proposals (In millions of dollars)
| |
2007 |
2008 |
2009 |
2010 |
2011 |
2012 |
Total |
| 2008–2012 |
2008–2017 |
| Mandatory Proposals, including Savings and
Augmentations: |
|
|
|
|
|
|
|
|
| Agriculture: |
|
|
|
|
|
|
|
|
| Reauthorize Farm
Bill |
— |
500 |
500 |
500 |
500 |
500 |
2,500 |
5,000 |
| Reauthorize Food
Stamp Program: |
|
|
|
|
|
|
|
|
| Restrict
Food Stamp Categorical Eligibility |
— |
−63 |
−132 |
−136 |
−139 |
−141 |
−611 |
−1,360 |
| Exclude
retirement accounts from Food Stamp asset test |
— |
44 |
89 |
138 |
141 |
144 |
556 |
1,323 |
| Exclude
special military pay from Food Stamp income test |
— |
1 |
1 |
1 |
1 |
1 |
5 |
10 |
| Food Safety and
Inspection Service User Fees |
— |
−96 |
−98 |
−100 |
−102 |
−104 |
−500 |
−1,053 |
| Grain Inspection,
Packers and Stockyards Administration User Fees |
— |
−22 |
−22 |
−23 |
−23 |
−24 |
−115 |
−242 |
| Crop Insurance
User Fee |
— |
— |
−15 |
−15 |
−15 |
−15 |
−60 |
−135 |
| Animal Welfare
Fee |
— |
−9 |
−13 |
−13 |
−14 |
−14 |
−63 |
−142 |
| Total,
Agriculture |
— |
355 |
310 |
352 |
349 |
347 |
1,712 |
3,401 |
| Defense: |
|
|
|
|
|
|
|
|
| Increase National
Defense Strategic Materials Stockpile Sales |
— |
−69 |
−145 |
−198 |
−145 |
−25 |
−582 |
−583 |
| Education: |
|
|
|
|
|
|
|
|
| Reform the
Federal Student Aid Programs: |
|
|
|
|
|
|
|
|
| Increase
the Pell Grant Maximum Award to $5,400 over Five Years |
— |
532 |
2,375 |
3,256 |
4,133 |
5,039 |
15,335 |
43,058 |
| Increase
Academic Competitiveness Grant awards by 50 percent |
— |
72 |
308 |
373 |
317 |
8 |
1,078 |
1,078 |
| Increase
Aggregate Loan Limits and Annual Limits for Undergraduate Third-Year
and Beyond Students |
— |
68 |
151 |
187 |
205 |
259 |
870 |
2,550 |
| Reduce
Lender Subsidy Payments by 50 basis points |
— |
−688 |
−2,165 |
−2,558 |
−2,792 |
−2,986 |
−11,189 |
−29,494 |
| Increase
Lender Risk Sharing and Improve Program Efficiency |
— |
−776 |
−160 |
−175 |
−189 |
−202 |
−1,502 |
−2,715 |
| Increase
Lender Consolidation Fee |
— |
−56 |
−159 |
−186 |
−210 |
−234 |
−845 |
−2,309 |
| Recall
Federal Perkins Loan Revolving Funds |
— |
−419 |
−498 |
−713 |
−814 |
−779 |
−3,223 |
−6,358 |
| Adjust
Guaranty Agency Default Retention Rates |
— |
−1,370 |
−173 |
−188 |
−205 |
−217 |
−2,153 |
−3,454 |
| Adopt
Unit Cost Basis for Guaranty Agency Fees |
— |
−1,018 |
−37 |
−53 |
−58 |
−56 |
−1,222 |
−1,572 |
| Other
Student Loan Reforms |
— |
2 |
3 |
−12 |
−22 |
−64 |
−93 |
−913 |
| Net
impact |
— |
−3,653 |
−355 |
−68 |
364 |
768 |
−2,944 |
−128 |
| Energy: |
|
|
|
|
|
|
|
|
| Repeal Oil and
Gas Research and Development Program |
— |
−20 |
−40 |
−50 |
−50 |
−50 |
−210 |
−460 |
| Health and Human Services (HHS): |
|
|
|
|
|
|
|
|
| Adopt Medicare
Reforms |
— |
−4,696 |
−9,113 |
−13,077 |
−17,463 |
−21,695 |
−66,044 |
−252,432 |
| Medicaid/State
Children's Health Insurance Program (SCHIP): |
|
|
|
|
|
|
|
|
| Adopt
Medicaid Reforms |
— |
–1,925 |
–2,170 |
–2,385 |
–2,680 |
–2,850 |
–12,010 |
–29,090 |
| Augment
Medicaid |
35 |
885 |
205 |
— |
— |
— |
1,090 |
1,090 |
| Reauthorize
SCHIP |
— |
710 |
1,095 |
620 |
890 |
845 |
4,160 |
9,680 |
| Net
Impact |
35 |
−330 |
−870 |
−1,765 |
−1,790 |
−2,005 |
−6,760 |
−18,320 |
| Reduce Social
Services Block Grant |
— |
— |
−425 |
−495 |
−500 |
−500 |
−1,920 |
−4,420 |
| Temporary
Assistance for Needy Families (TANF) |
— |
— |
240 |
296 |
309 |
326 |
1,171 |
2,768 |
| Title V
Abstinence Education Program |
5 |
25 |
44 |
49 |
50 |
50 |
218 |
468 |
| Food and Drug
Administration Re-Inspection and Export Certification Fees |
— |
−27 |
−28 |
−28 |
−29 |
−30 |
−142 |
−302 |
| Foster Care
District of Columbia Federal Medical Assistance Percentage Rate |
— |
5 |
5 |
6 |
5 |
6 |
27 |
62 |
| Foster Care Child
Welfare Program Option |
— |
8 |
5 |
−4 |
44 |
−47 |
6 |
−1 |
| Child Support
Enforcement |
— |
5 |
8 |
6 |
1 |
−1 |
19 |
4 |
| Total,
HHS |
40 |
−5,010 |
−10,134 |
−15,012 |
−19,373 |
−23,896 |
−73,425 |
−272,173 |
| Housing and Urban Development
(HUD): |
|
|
|
|
|
|
|
|
| Ginnie Mae
Premium Increase |
— |
−46 |
−46 |
−46 |
−46 |
−46 |
−230 |
−460 |
| Government-Sponsored
Enterprises Oversight Fee |
— |
−6 |
−6 |
−6 |
−6 |
−6 |
−30 |
−60 |
| Total,
HUD |
— |
−52 |
−52 |
−52 |
−52 |
−52 |
−260 |
−520 |
| Interior: |
|
|
|
|
|
|
|
|
| Arctic National
Wildlife Refuge Lease Bonuses: |
|
|
|
|
|
|
|
|
| State
of Alaskafs Share: |
|
|
|
|
|
|
|
|
| Receipts |
— |
— |
−3,502 |
−2 |
−503 |
−3 |
−4,010 |
−4,025 |
| Expenditures |
— |
— |
3,502 |
2 |
503 |
3 |
4,010 |
4,025 |
| Federal
Share: |
|
|
|
|
|
|
|
|
| Receipts |
— |
— |
−3,502 |
−2 |
−503 |
−3 |
−4,010 |
−4,025 |
| Net
Impact |
— |
— |
−3,502 |
−2 |
−503 |
−3 |
−4,010 |
−4,025 |
| Match National
Park Centennial Challenge Fund Gift Receipts |
— |
20 |
55 |
80 |
100 |
100 |
355 |
855 |
| Return to Net
Receipts Sharing |
— |
−41 |
−47 |
−46 |
−44 |
−49 |
−227 |
−447 |
| Amend Bureau of
Land Management (BLM) Federal Land Sale Authority |
— |
−5 |
−28 |
−40 |
−70 |
−44 |
−186 |
−334 |
| Repeal Energy
Policy Act Fee Prohibition and Mandatory Permit Funds |
— |
−36 |
−37 |
−38 |
−36 |
−37 |
−184 |
−309 |
| Recover
Pick-Sloan Project Cost |
— |
−23 |
−23 |
−23 |
−23 |
−23 |
−115 |
−230 |
| Implement Friant
Settlement |
— |
14 |
17 |
17 |
17 |
17 |
82 |
167 |
| Eliminate BLM
Range Improvement Fund |
— |
−7 |
−10 |
−10 |
−10 |
−10 |
−47 |
−97 |
| Require Upfront
Payment of Coal Bonus Bids |
— |
−2 |
−121 |
−115 |
−54 |
−134 |
−426 |
4 |
| Total,
Interior |
— |
−80 |
−3,696 |
−177 |
−623 |
−183 |
−4,758 |
−4,416 |
| Labor: |
|
|
|
|
|
|
|
|
| Reform Pension
Benefit Guaranty Corporation Premiums |
— |
— |
−1,390 |
−1,387 |
−1,400 |
−1,295 |
−5,472 |
−10,569 |
| Unemployment
Insurance Integrity Proposal 1 |
— |
— |
−484 |
−494 |
−351 |
−355 |
−1,684 |
−3,619 |
| Reform Federal
Employeesf Compensation Act |
— |
−9 |
−23 |
−29 |
−33 |
−43 |
−137 |
−493 |
| Reauthorize Trade
Adjustment Assistance |
— |
— |
6 |
18 |
24 |
25 |
73 |
123 |
| Total,
Labor |
— |
−9 |
−1,891 |
−1,892 |
−1,760 |
−1,668 |
−7,220 |
−14,558 |
| Treasury: |
|
|
|
|
|
|
|
|
| Payment
Transaction Integrity |
— |
−273 |
−281 |
−290 |
−298 |
−306 |
−1,448 |
−3,105 |
| Extend the Rum
Carryover for Puerto Rico |
— |
76 |
26 |
— |
— |
— |
102 |
102 |
| Debt Collection:
Eliminate the 10-year Statute of Limitations on Non-tax Debt owed to
Federal Agencies |
— |
−11 |
−6 |
−6 |
−6 |
−6 |
−35 |
−65 |
| Total,
Treasury |
— |
−208 |
−261 |
−296 |
−304 |
−312 |
−1,381 |
−3,068 |
| Veterans Affairs: |
|
|
|
|
|
|
|
|
| Pharmacy
Co-Payments |
— |
−311 |
−304 |
−306 |
−307 |
−342 |
−1,570 |
−3,352 |
| Income-Based
Medical Care Enrollment Fee |
— |
— |
−138 |
−134 |
−129 |
−125 |
−526 |
−1,094 |
| Third-Party
Insurance Co-Payment Offset |
— |
−44 |
−44 |
−44 |
−43 |
−43 |
−218 |
−421 |
| Total,
Veterans Affairs |
— |
−355 |
−486 |
−484 |
−479 |
−510 |
−2,314 |
−4,867 |
| Army Corps of Engineers: |
|
|
|
|
|
|
|
|
| Additional
Recreation User Fees, Lease Receipts, and Contributions: |
|
|
|
|
|
|
|
|
| Receipts |
— |
−7 |
−10 |
−13 |
−16 |
−19 |
−65 |
−192 |
| Spending |
— |
— |
7 |
10 |
13 |
16 |
46 |
164 |
| Net
effect |
— |
−7 |
−3 |
−3 |
−3 |
−3 |
−19 |
−28 |
| Commodity Futures Trading
Commission: |
|
|
|
|
|
|
|
|
| User Fees |
— |
−86 |
−89 |
−92 |
−95 |
−99 |
−461 |
−1,009 |
| Environmental Protection Agency: |
|
|
|
|
|
|
|
|
| Pesticide and
Pre-Manufacturing Notification fees |
— |
−70 |
−65 |
−68 |
−74 |
−65 |
−342 |
−682 |
| Federal Communications Commission
(FCC): |
|
|
|
|
|
|
|
|
| Spectrum License
Fee Authority |
— |
−50 |
−150 |
−300 |
−300 |
−400 |
−1,200 |
−3,628 |
| Auction
Prospective Ancillary Terrestrial Component Spectrum |
— |
−150 |
−150 |
−150 |
−150 |
−150 |
−750 |
−1,500 |
| Extend Spectrum
Auction Authority |
— |
— |
— |
— |
— |
−200 |
−200 |
−1,200 |
| Auction Domestic
Satellite Spectrum |
−130 |
−252 |
−105 |
−100 |
−100 |
−75 |
−632 |
−690 |
| Eliminate
Telecommunications Development Fund |
— |
−5 |
−6 |
−7 |
−7 |
−7 |
−32 |
−67 |
| Total,
FCC |
−130 |
−457 |
−411 |
−557 |
−557 |
−832 |
−2,814 |
−7,085 |
| Office of Personnel Management
(OPM): |
|
|
|
|
|
|
|
|
| Federal Employees
Health Benefits Program Proposals |
— |
−38 |
−140 |
−240 |
−318 |
−382 |
−1,118 |
−3,595 |
| Improve Equity
and Administration of the Federal Retirement System |
— |
3 |
8 |
11 |
14 |
17 |
53 |
162 |
| Replace
Non-Foreign Cost of Living Adjustment with Locality Pay |
— |
−1 |
−1 |
−1 |
1 |
4 |
2 |
109 |
| Total,
OPM |
— |
−36 |
−133 |
−230 |
−303 |
−361 |
−1,063 |
−3,324 |
| Social Security Administration: |
|
|
|
|
|
|
|
|
| Temporarily
Extend Length of Time-Limited Supplemental Security Income
Eligibility for Refugees |
— |
56 |
55 |
55 |
— |
— |
166 |
166 |
| |
|
|
|
|
|
|
|
|
| Total, Mandatory
Proposals, including Savings and Augmentations |
−90 |
−9,700 |
−17,396 |
−18,773 |
−23,106 |
−26,940 |
−95,915 |
−309,334 |
| |
|
|
|
|
|
|
|
|
| Social Security Personal Accounts (Off-Budget)
|
— |
— |
— |
— |
— |
29,348 |
29,348 |
637,441 |
| |
|
|
|
|
|
|
|
|
| Outlay Effects of Tax Proposals: 1 |
|
|
|
|
|
|
|
|
| Improve the Health Coverage Tax
Credit |
— |
4 |
10 |
12 |
14 |
15 |
55 |
139 |
| Child Tax Credit: |
|
|
|
|
|
|
|
|
| Clarify uniform
definition of a child |
— |
−55 |
−59 |
−75 |
−71 |
−72 |
−332 |
−785 |
| Reduce
computational complexity of refundable child tax credit |
— |
— |
−375 |
−388 |
−400 |
−417 |
−1,580 |
−3,773 |
| Earned Income Tax Credit (EITC): |
|
|
|
|
|
|
|
|
| Clarify uniform
definition of a child |
— |
−127 |
−137 |
−174 |
−165 |
−169 |
−772 |
−1,824 |
| Simplify EITC
eligibility requirement regarding filing status, presence of
children, and work and immigration status |
— |
−210 |
33 |
17 |
17 |
14 |
−129 |
−104 |
| Provide a flat
$15,000 deduction for family coverage ($7,500 for individual
coverage) for those with and who purchase health insurance |
— |
— |
231 |
4,629 |
4,705 |
4,715 |
14,280 |
37,886 |
| Total,
Outlay Effects of Tax Proposals |
— |
−388 |
−297 |
4,021 |
4,100 |
4,086 |
11,522 |
31,539 |
| |
|
|
|
|
|
|
|
|
| Other Mandatory Proposals and Indirect
Effects: |
|
|
|
|
|
|
|
|
| Transfer of Royalty Oil to the
Strategic Petroleum Reserve |
— |
— |
— |
903 |
— |
— |
903 |
10,873 |
| Disability Insurance Impact of
Increased Program Integrity Efforts |
— |
−17 |
−124 |
−360 |
−586 |
−634 |
−1,721 |
−4,536 |
| Supplemental Security Income Impact
of Increased Program Integrity Efforts |
— |
−14 |
−385 |
−856 |
−1,061 |
−355 |
−2,671 |
−3,352 |
| Enforce Windfall Elimination
Provision / Government Pension Offset (off-budget) |
— |
— |
— |
— |
−142 |
−311 |
−453 |
−2,531 |
| Require Full-time Attendance for
Childfs Social Security Benefits at Age 16 (off-budget) |
— |
−11 |
−87 |
−157 |
−163 |
−169 |
−587 |
−1,551 |
| Replace Disability
Insurance/Workerfs Comp Offset with Uniform Offset (off-budget) |
— |
−4 |
−32 |
−77 |
−139 |
−218 |
−470 |
−1,085 |
| Amend Federal Employee Health
Benefits Program Statute |
— |
27 |
89 |
147 |
196 |
230 |
689 |
2,163 |
| Unemployment Insurance Integrity
Proposal 1 |
— |
— |
−58 |
−122 |
−126 |
−130 |
−436 |
−1,184 |
| National Park Centennial Challenge
Fund (spending of gift receipts) 1 |
— |
20 |
55 |
80 |
100 |
100 |
355 |
855 |
| Food Stamp Impact of Commodity
Supplemental Food Program Elimination |
— |
44 |
55 |
48 |
44 |
41 |
232 |
396 |
| Impact of Replacing Non-Foreign
Cost of Living Adjustment with Locality Pay on Civil Service
Retirement and Disability Fund |
— |
−2 |
−8 |
−15 |
−23 |
−31 |
−79 |
−361 |
| Cash Investment Practices
Modernization |
— |
−10 |
−10 |
−10 |
−10 |
−10 |
−50 |
−100 |
| Federal Housing Administration
General and Special Risk Insurance Funds Impact of Mark-to-Market
Extension |
−9 |
−13 |
−16 |
−16 |
−15 |
−7 |
−67 |
−76 |
| Morris K. Udall Scholarship Fund |
2 |
2 |
2 |
2 |
2 |
2 |
10 |
20 |
| Forest County Safety Net
Payments |
— |
−467 |
135 |
118 |
57 |
143 |
−14 |
— |
| Correct Trust Accounting
Deficiencies in Individual Indian Money Investments |
6 |
— |
— |
— |
— |
— |
— |
— |
| TANF Impact of Social Services
Block Grant Reduction |
— |
43 |
50 |
8 |
−43 |
−50 |
8 |
— |
| Black Lung Disability Trust Fund
Refinancing: 1 |
|
|
|
|
|
|
|
|
| Black Lung
Disability Trust Fund |
— |
2,315 |
−437 |
−432 |
−424 |
−424 |
598 |
−3,089 |
| Interest Payments
on Repayable Advances |
— |
−2,315 |
437 |
432 |
424 |
424 |
−598 |
3,089 |
| Net
Impact |
— |
— |
— |
— |
— |
— |
— |
— |
| Foreign Labor Certification Fee: |
|
|
|
|
|
|
|
|
| Receipts |
— |
−65 |
−65 |
−65 |
−65 |
−65 |
−325 |
−650 |
| Spending |
— |
65 |
65 |
65 |
65 |
65 |
325 |
650 |
| Net
effect |
— |
— |
— |
— |
— |
— |
— |
— |
| Total,
Other Mandatory Proposals and Indirect Effects |
−1 |
−402 |
−334 |
−307 |
−1,909 |
−1,399 |
−4,351 |
−469 |
| |
|
|
|
|
|
|
|
|
| Grand Total |
−91 |
−10,490 |
−18,029 |
−15,058 |
−20,910 |
5,098 |
−59,389 |
359,191 |
| |
|
|
|
|
|
|
|
|
| Memorandum: |
|
|
|
|
|
|
|
|
| Outlay Effects of Tax Extensions
Assumed in Baseline: 1 |
|
|
|
|
|
|
|
|
| Child Tax Credit
Extension |
— |
— |
— |
— |
46 |
11,937 |
11,983 |
70,652 |
| Earned Income Tax
Credit: Marriage Penalty Relief |
— |
— |
— |
— |
−366 |
1,623 |
1,257 |
8,966 |
| Total |
— |
— |
— |
— |
−320 |
13,560 |
13,240 |
79,618 |
| |
|
|
|
|
|
|
|
|
1 Affects both receipts and
outlays. Only the outlay effect is shown here. For receipt effects, see
Table S-6.
Table S–6. Effect of
Proposals on Receipts (In millions of
dollars)
| |
2007 |
2008 |
2009 |
2010 |
2011 |
2012 |
Total |
| 2008–2012 |
2008–2017 |
|
| Make Permanent Certain Tax Relief Enacted in 2001
and 2003 (assumed in baseline): |
|
|
|
|
|
|
|
|
| Dividends tax rate structure |
344 |
683 |
695 |
−3,595 |
−13,789 |
1,491 |
−14,515 |
−89,973 |
| Capital gains tax rate structure |
— |
— |
— |
−3,405 |
−17,477 |
−7,269 |
−28,151 |
−79,059 |
| Expensing for small business |
— |
— |
— |
−3,728 |
−4,947 |
−3,376 |
−12,051 |
−20,158 |
| Marginal individual income tax rate
reductions |
— |
— |
— |
— |
−71,892 |
−113,251 |
−185,143 |
−793,780 |
| Child tax credit 1 |
— |
— |
— |
— |
−5,265 |
−21,128 |
−26,393 |
−135,380 |
| Marriage penalty relief 1 |
— |
— |
— |
— |
−5,380 |
−7,971 |
−13,351 |
−41,317 |
| Education incentives |
— |
— |
— |
— |
−739 |
−1,336 |
−2,075 |
−9,673 |
| Repeal of estate and
generation-skipping transfer taxes, and modification of gift
taxes |
−156 |
−1,373 |
−2,290 |
−3,067 |
−26,845 |
−57,652 |
−91,227 |
−442,490 |
| Other incentives for families and
children |
— |
— |
— |
6 |
−179 |
−866 |
−1,039 |
−5,341 |
| Total,
make permanent certain tax relief enacted in 2001 and 2003 |
188 |
−690 |
−1,595 |
−13,789 |
−146,513 |
−211,358 |
−373,945 |
−1,617,171 |
| |
|
|
|
|
|
|
|
|
| Tax Incentives: |
|
|
|
|
|
|
|
|
| Simplify and encourage
saving: |
|
|
|
|
|
|
|
|
| Expand tax-free
savings opportunities |
— |
1,527 |
3,545 |
3,023 |
1,075 |
−1,314 |
7,856 |
−592 |
| Consolidate
employer-based savings accounts |
— |
−80 |
−120 |
−132 |
−141 |
−150 |
−623 |
−1,484 |
| Total,
simplify and encourage saving |
— |
1,447 |
3,425 |
2,891 |
934 |
−1,464 |
7,233 |
−2,076 |
| Encourage entrepreneurship and
investment: |
|
|
|
|
|
|
|
|
| Increase
expensing for small business |
— |
−1,597 |
−2,180 |
−1,541 |
−1,135 |
−847 |
−7,300 |
−10,095 |
| Invest in health care: |
|
|
|
|
|
|
|
|
| Provide a flat
$15,000 deduction for family coverage ($7,500 for individual
coverage) for those with and who purchase health insurance 1 |
— |
— |
−31,433 |
−38,892 |
−30,843 |
−20,033 |
−121,201 |
5,150 |
| Expand and make
health savings accounts (HSAs) more flexible |
— |
−318 |
−593 |
−784 |
−937 |
−1,037 |
−3,669 |
−10,366 |
| Improve the
Health Coverage Tax Credit 1 |
— |
−1 |
−3 |
−4 |
−5 |
−5 |
−18 |
−51 |
| Allow the orphan
drug tax credit for certain pre-designation expenses |
— |
— |
— |
— |
— |
— |
— |
−1 |
| Total,
invest in health care |
— |
−319 |
−32,029 |
−39,680 |
−31,785 |
−21,075 |
−124,888 |
−5,268 |
| Provide incentives for
charitable giving: |
|
|
|
|
|
|
|
|
| Permanently
extend tax-free withdrawals from IRAs for charitable
contributions |
— |
−120 |
−255 |
−235 |
−171 |
−147 |
−928 |
−1,867 |
| Permanently
extend enhanced charitable deduction for contributions of food
inventory |
— |
−44 |
−96 |
−106 |
−116 |
−127 |
−489 |
−1,345 |
| Extend
permanently the deduction for corporate donations of computer
technology |
— |
−50 |
−118 |
−147 |
−154 |
−162 |
−631 |
−1,570 |
| Permanently
increase limits on contributions of property interests made for
conservation purposes |
— |
−48 |
−35 |
−22 |
−18 |
−21 |
−144 |
−265 |
| Permanently
extend basis adjustment to stock of S corporations contributing
appreciated property |
— |
−3 |
−15 |
−21 |
−25 |
−28 |
−92 |
−301 |
| Reform excise tax
based on investment income of private foundations |
— |
−61 |
−91 |
−97 |
−103 |
−110 |
−462 |
−1,163 |
| Repeal the $150
million limitation on qualified 501(c)(3) bonds |
— |
−2 |
−3 |
−9 |
−13 |
−14 |
−41 |
−104 |
| Repeal certain
restrictions on the use of qualified 501(c)(3) bonds for residential
rental property |
— |
−2 |
−5 |
−10 |
−17 |
−24 |
−58 |
−286 |
| Total,
provide incentives for charitable giving |
— |
−330 |
−618 |
−647 |
−617 |
−633 |
−2,845 |
−6,901 |
| Strengthen education: |
|
|
|
|
|
|
|
|
| Extend
permanently the above-the-line deduction for qualified out-of-pocket
classroom expenses |
— |
−18 |
−180 |
−183 |
−185 |
−188 |
−754 |
−1,739 |
| Allow the saverfs
credit for contributions to qualified tuition programs |
— |
−63 |
−163 |
−176 |
−189 |
−200 |
−791 |
−1,966 |
| Total,
strengthen education |
— |
−81 |
−343 |
−359 |
−374 |
−388 |
−1,545 |
−3,705 |
| Protect the environment: |
|
|
|
|
|
|
|
|
| Extend
permanently expensing of brownfields remediation costs |
61 |
−244 |
−400 |
−352 |
−342 |
−331 |
−1,669 |
−2,851 |
| Eliminate the
volume cap for private activity bonds for water infrastructure |
— |
−1 |
−3 |
−5 |
−9 |
−13 |
−31 |
−184 |
| Total,
protect the environment |
61 |
−245 |
−403 |
| |