2008 United States federal budget
The 2008 United States Federal Budget began as a proposal by President George W. Bush to fund government operations for October 1, 2007 – September 30, 2008. The requested budget was submitted to the 110th Congress on February 5, 2007.
| Submitted | February 5, 2007 |
|---|---|
| Submitted by | George W. Bush |
| Submitted to | 110th Congress |
| Total revenue | $2.662 trillion (requested) $2.524 trillion (actual) 17.1% of GDP (actual) |
| Total expenditures | $2.902 trillion (requested) $2.983 trillion (actual) 20.2% of GDP (actual) |
| Deficit | $239 billion (requested) $458.6 billion (actual) 3.1% of GDP (actual) |
| Debt | $9.986 trillion (at fiscal end) 67.7% of GDP (actual) |
| GDP | $14.752 trillion |
| Website | Office of Management and Budget |
‹ 2007 2009 › | |
The government was initially funded through a series of four temporary continuing resolutions. Final funding for the Department of Defense was enacted on November 13, 2007 as part of the Department of Defense Appropriations Act, 2008, while the remaining departments and agencies were funded as part of an omnibus spending bill, the Consolidated Appropriations Act, 2008, on December 26, 2007.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.