2017 United States federal budget

The 2017 United States federal budget is the United States federal budget for fiscal year 2017, which lasted from October 1, 2016 to September 30, 2017. President Barack Obama submitted a budget proposal to the 114th Congress on February 9, 2016. The 2017 fiscal year overlaps the end of the Obama administration and the beginning of the Trump administration.

2017 (2017) Budget of the United States federal government
SubmittedFebruary 9, 2016
Submitted byBarack Obama
Submitted to114th Congress
Total revenue$3.644 trillion (requested)
$3.316 trillion (actual)
17.3% of GDP
Total expenditures$4.147 trillion (requested)
$3.982 trillion (actual)
20.8% of GDP
Deficit$503 billion (requested)
$665 billion (actual)
3.5% of GDP
Debt$20.24 trillion (actual) 105.5% of GDP
GDP$19.177 trillion (actual)
WebsiteOffice of Management and Budget
 2016
2018 

The government was initially funded through a series of three temporary continuing resolutions. Funding for military construction and the Department of Veterans Affairs was enacted on September 29, 2016 as part of the Continuing Appropriations and Military Construction, Veterans Affairs, and Related Agencies Appropriations Act, 2017, and Zika Response and Preparedness Act. The remaining funding was passed as an omnibus spending bill, the Consolidated Appropriations Act, 2017, enacted on May 5, 2017.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.