1993 United States federal budget

The 1993 United States federal budget is the United States federal budget to fund government operations for the fiscal year 1993, which was October 1992 – September 1993. This budget was the final federal budget submitted by George H.W. Bush before he was defeated by Bill Clinton in the 1992 United States presidential election.

1993 Budget of the United States federal government

Submitted by	George H.W. Bush
Submitted to	102nd Congress
Total revenue	$1.15 trillion (actual) 17% of GDP (actual)[1]
Total expenditures	$1.41 trillion (actual) 20.7% of GDP (actual)[1]
Deficit	$255 billion (actual) 2.8% of GDP (actual)[1]
Debt	$4.351 trillion (at fiscal end) 64.0% of GDP[2]
GDP	$6.795 trillion[1]
‹ 1992 1994 ›

Receipts

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1993 Actual Receipts by Source

  Individual income tax (44.1%)

  Social Security/other payroll tax (41.6%)

  Corporate income tax (10.1%)

  Excise tax (4.1%)

  Other receipts (4.3%)

(in billions of dollars)

Source	Actual[3] [4]
Individual income tax	509
Corporate income tax	117
Social Security and other payroll tax	428
Excise tax	48
Other miscellaneous receipts	50
Total	1,152

Outlays

The total outlays for FY1993 was 1.409 trillion dollars as authorized by congress.[1]

Deficit/Surplus

The budget had an estimated deficit for enacted legislation of $255 billion.
3.8% of GDP[1]

References

1. "Table 1.2—SUMMARY OF RECEIPTS, OUTLAYS, AND SURPLUSES OR DEFICITS (–) AS PERCENTAGES OF GDP: 1930–2020" (PDF). Government Publishing Office. Retrieved October 28, 2015.
2. "Fiscal Year 2016 Budget Historical Tables" (PDF). Office of Management and Budget. Archived from the original (PDF) on 2015-10-21. Retrieved October 28, 2015.
3. "1999 Historical Tables" (PDF). Fiscal Year 1999 Budget Historical Tables. United States Office of Management and Budget. Table 2.1 - Receipts by Source: 1934-2003. Retrieved March 15, 2015.
4. "1999 Historical Tables" (PDF). The Budget for Fiscal Year 1999, Budget Historical Tables. United States Office of Management and Budget. Table 2.5 - Composition of "Other Receipts". Retrieved March 15, 2015.