2010 United States federal budget
United States budget request / From Wikipedia, the free encyclopedia
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The United States Federal Budget for Fiscal Year 2010, titled A New Era of Responsibility: Renewing America's Promise,[6] is a spending request by President Barack Obama to fund government operations for October 2009–September 2010. Figures shown in the spending request do not reflect the actual appropriations for Fiscal Year 2010, which must be authorized by Congress.
Main article: United States federal budget
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Submitted | February 26, 2009[1] |
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Submitted by | Barack Obama |
Submitted to | 111th Congress |
Total revenue | $2.381 trillion (requested) $2.163 trillion (actual)[2] 14.6% of GDP (actual)[3] |
Total expenditures | $3.552 trillion (requested) $3.456 trillion (actual)[2] 23.4% of GDP (actual)[3] |
Deficit | $1.171 trillion (requested) $1.294 trillion (actual)[4] 8.7% of GDP (actual)[3] |
Debt | $13.53 trillion (at fiscal end) 91.4% of GDP[5] |
GDP | $14.799 trillion[3] |
Website | Office of Management and Budget |
‹ 2009 2011› |
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The government was initially funded through two temporary continuing resolutions. Final funding for the government was enacted as an omnibus spending bill, the Consolidated Appropriations Act, 2010, on December 16, 2009.[7]