| FISCAL YEAR 2015 BUDGET of the U.S. Government
(OMB) Adjusted Baseline & NATIONAL DEBT |
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| ITEM | RECIEPTS | OUTLAYS | BALANCE |
| Appropriated Discretionary: | $ 1.15 Trillion | ||
| Defense: | $ 606 Billion | ||
| D. of Defense | 495.6 B | ||
| Nat. Intell. Prog. | 45.6 B | ||
| Non-Defense: | $ 543 Billion | ||
| D. Transportation | 91 B | ||
| D. H&HS | 77.1 B | ||
| Includes $ 30.2 billion for NIH to support ‘RESEARCH’ | |||
| Includes $ 14.6 billion to ‘train new health care providers’ | |||
| Includes $ 3.4 billion HIV/AIDS programs | |||
| Includes $ 4.7 billion FDA programs | |||
| D. of Education | 68.6 B | ||
| D. of Veterans A | 65.3 B | $ 56 B for medical | |
| D. Housing & UD | 46.7 B | ||
| Includes $ 20 billion for Housing Choice Vouchers | |||
| Includes $ 2.8 billion for Comm. Dev. Block Grants | |||
| & $ 15 billion for Project Rebuild (blight neighborhoods) | |||
| D. of State & OIP | 46.2 B | ||
| Almost all Overseas & Global; > $ 4 billion to UN | |||
| D. of Homeland S | 38.2 B | ||
| Includes for over 25,700 Customs & Border officers | |||
| D. of Energy | 27.9 B | ||
| Includes $ 11.7 billion for ‘nuclear security’ | |||
| D. of Justice | 27.4 B | ||
| Includes $ 8.4 billion for Fed. Prisons & Detention | |||
| D. of Agriculture | 23.7 B | ||
| NASA | 17.5 B | ||
| D. of Treasury | 13.8 B | ||
| D. of Interior | 12 B | ||
| D. of Labor | 11.8 B | ||
| Pension PBGC is $ 36 billion in the negative & 16 states owe $ 21 billion to Fed. UI (Unemploy. Insur.)Trust Fund | |||
| D. of Commerce | 8.8 B | ||
| EPA | 7.9 B | ||
| Nat. Science Foun | 7.3 B | 7,900 grants | |
| Corps of Eng. | 4.5 B | ||
| Mandatory: | $ 2.41 Trillion: | ||
| Social Security | 896 B | ||
| Medicare | 529 B | ||
| Medicaid | 331 B | ||
| Other Mand. | 659 B | ||
| Net Interest | $ 251 Billion | ||
| Indiv. Income Tax | $ 1.5 Trillion | ||
| Corp. Income Tax | $ 412 Billion | ||
| Soc. Sec. Payroll T | $ 756 Billion | ||
| Medicare P. Taxes | $ 231 Billion | ||
| Unemploy. Insur. | $ 59 Billion | ||
| Excise Taxes | $ 99 Billion | ||
| Estate Taxes | $ 18 Billion | ||
| Customs Duties | $ 38 Billion | ||
| Fed. Res. Sys.
Dep. of Earnings |
$ 88 Billion
Profits to Treas. |
$ 3.2 B in salaries & benefits | 550 million shares
Assets > $ 4 Tril. |
| (non) Federal
Reserve System |
Assets: 2003 < $ 800 Billion; 2016 > $ 4.4 Trillion
FRS States 2015 assets: $ 2.4 T+ 1.9 T Claims + 713 B Cash Liabilities: $ 2.3 Trillion (traditional) + $ 2 Source Base |
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| 3.25 Trillion | 3.81 Trillion | – 561 Deficit | |
| Federal Debt issued by Treasury | Dec. 2014 | $ 18.1 Trillion | |
| U.S. National Debt | Dec. 15, 2015 | $ 18.8 Trillion | |
| GDP = $ 17.8 Trillion | Public held Debt = $ 13.1 T; 74% GDP | ||
| Who Owns U.S. Debt? Dec. 2015: Fed. Res. 13% ($ 2.46 Trillion);
Foreign ($ 6.2 Trillion): China 8%; Japan 7%; Other foreign nations 19%; Mutual Funds 6% ($ 1.06 Trillion); State & Local Govern. 4% ($ 803 Billion); Soc. Sec. Funds 16% (Soc. Sec. Trust Fund – $ 2.8 Trillion); OPM Ret. $ 873 B; Other Fed. Gov. 8%; Other 20% (Military Retirement Fund $ 601 Billion); Medicare Trust $ 267 Billion; Banks $ 515 Billion; Insurance Co. $ 293 Billion. |
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| NATIONAL DEBT:
Barack Obama’s Admin: increased Nat. Debt from $ 10 Trillion to $ 18.8 T. George W. Bush Admin: increased Nat. Debt from $ 5.7 T to 10 Trillion. W.J. ‘Bill’ Clinton Admin: increased Nat. Debt from $ 4 T to $ 5.7 Trillion George HW Bush Admin: increased Nat. Debt from $ $ 2.6 to $ 4 Trillion Ronald Reagan Admin: increased Nat. Debt from $ 908 Billion to $ 2.6 Tril. After reduced Income Taxes from 1981 to 2016 about $ 18 Trillion more Debt Reagan-Obama (5 Presidents); 1981 $ 907 Billion to mid-2016 $ 19.2 Trillion Obama (1 President) increase nearly = ALL other 43 presidents.
1789 George Washington $ 65 Million to 1835 Andrew Jackson $ 33,733 1789/1835 to 1860 $ 65 Million to 1861 Civil War (A. Lincoln) $ 90.5 Million Civil War (1861-1865 + reconstruction) 1865: $ 2.7 Billion to 1870 $ 2.5 Billion 1890: $ 1.5 Billion to WWI/Fed.Res./Income Tax 1913 $ 2.9; 1919 $ 27 Billion Nat. Debt: 1789 George Washington to Federal Reserve 1913: $ 2.8 B increase Woodrow Wilson Admin: (1913-1920) increased Nat. Debt from $ 2.8B to 26B 1930: $ 16 Billion to post-WWII 1946: $ 269 Billion (United Nations 1945) Nat. Debt: 1789 George Washington to United Nations 1945: $ 258 B increase Franklin D. Roosevelt Admin: increased Nat. Debt from $ 19.5 B to $ 201 Billion Vietnam 1955: $ 274 Billion to 1975, $ 533 Billion James Carter Admin: increased from $ 620 B (1977) to $ 907 Billion (1980) Washington to Carter (1789-1980; 39 Presidents) increased to $ 907 Billion |
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FISCAL BUDGET 2015 & NATIONAL DEBT
The TRUTH SOURCE 