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Budget Totals

Old budget was $3748.1268 billion
($2673 billion in spending, $1075.1268 billion in tax expenditures and cuts).
New budget is $3876.13 billion
($2757.45 billion in spending, $1118.68 billion in tax expenditures and cuts).

You have increased the deficit by $127.99 billion.
Your new deficit is $528.99 billion.


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Spending ($2757.45 billion: increased $84.45 billion)


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Military Spending ($426.84 billion: cut $19.26 billion)
$95.91 billion ..... Military personnel
Cut $10.65 bil. from base of $106.572 bil.(-10%)
$153.62 billion .... Operation and maintenance (No Change)
$80.84 billion ..... Procurement (No Change)
$61.32 billion ..... Research, development, test and evaluation
Cut $6.8 bil. from base of $68.129 bil.(-10%)
$16.15 billion ..... Military Construction, Family Housing and Other (No Change)
$16.19 billion ..... Atomic Energy Defense Activities
Cut $1.79 bil. from base of $17.990 bil.(-10%)
$2.81 billion ...... Defense Related activities (No Change)


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Iraq and Afghanistan Operations ($111.17 billion)
$105 billion ....... Military Operations (No Change)
$6.17 billion ...... Reconstruction aid
Cut $0.67 bil. from base of $6.851 bil.(-10%)


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Military Retirement ($127.04 billion: increased $11.56 billion)
$44.92 billion ..... Military retirement
Increased $4.09 bil. from base of $40.832 bil.( 10%)
$39.97 billion ..... Income security for veterans
Increased $3.63 bil. from base of $36.338 bil.( 10%)
$3.56 billion ...... Veterans education, training, and rehabilitation
Increased $0.32 bil. from base of $3.236 bil.( 10%)
$37.79 billion ..... Hospital and medical care for veterans and retired military
Increased $3.44 bil. from base of $34.353 bil.( 10%)
$0.8 billion ....... Housing and other veterans benefits and services
Increased $0.08 bil. from base of $.723 bil.( 10%)


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International affairs ($28.39 billion: cut $3.19 billion)
$11.7 billion ...... International development and humanitarian assistance
Cut $1.29 bil. from base of $12.996 bil.(-10%)
$7.57 billion ...... International military aid
Cut $1.89 bil. from base of $9.466 bil.(-20%)
$7.97 billion ...... Conduct of foreign affairs (No Change)
$1.15 billion ...... Foreign information and exchange activities (No Change)


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General science, space, and technology ($22.47 billion: cut $1.49 billion)
$5.62 billion ...... National Science Foundation programs (No Change)
$3.44 billion ...... Department of Energy general science programs (No Change)
$13.41 billion ..... Space flight, research, and supporting activities
Cut $1.48 bil. from base of $14.905 bil.(-10%)


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Non-Defense Energy Spending ($2.33 billion)
$0.73 billion ...... Energy supply (No Change)
$1.24 billion ...... Energy conservation and preparedness
Increased $0.21 bil. from base of $1.034 bil.( 20%)
$0.36 billion ...... Energy information, preparedness, & regulation (No Change)


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Natural resources and environment ($33.46 billion: increased $2.3 billion)
$6 billion ......... Water resources
Increased $0.55 bil. from base of $5.451 bil.( 10%)
$9.98 billion ...... Conservation and land management
Increased $0.91 bil. from base of $9.070 bil.( 10%)
$3.12 billion ...... Recreational & Park resources (No Change)
$9.26 billion ...... Pollution control and abatement
Increased $0.84 bil. from base of $8.418 bil.( 10%)
$5.1 billion ....... Other natural resources (No Change)


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Agriculture ($26.45 billion)
$21.73 billion ..... Farm income stabilization & crop insurance (No Change)
$4.72 billion ...... Agricultural research and services
Increased $0.43 bil. from base of $4.288 bil.( 10%)


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Commerce and Housing Loan Programs ($6.42 billion)
$-4.28 billion ..... Federal Housing Loan Programs (No Change)
$1.96 billion ...... Postal service
Cut $0.2 bil. from base of $2.174 bil.(-10%)
$-0.96 billion ..... Deposit insurance (No Change)
$7.96 billion ...... Universal service fund (No Change)
$1.74 billion ...... Other advancement of commerce
Cut $0.18 bil. from base of $1.931 bil.(-10%)


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Transportation ($73.43 billion: increased $2.76 billion)
$40.16 billion ..... Highways and highway safety
Increased $3.65 bil. from base of $36.512 bil.( 10%)
$8.51 billion ...... Mass transit (No Change)
$0.49 billion ...... Railroads
Cut $0.11 bil. from base of $.607 bil.(-20%)
$17.26 billion ..... Air Transportion (No Change)
$6.63 billion ...... Water transportation
Cut $0.73 bil. from base of $7.368 bil.(-10%)
$0.38 billion ...... Other transportation
Cut $0.03 bil. from base of $.422 bil.(-10%)


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Community and regional development ($20.73 billion: increased $1.63 billion)
$6.88 billion ...... Community development
Increased $0.63 bil. from base of $6.252 bil.( 10%)
$2.86 billion ...... Area and regional development (No Change)
$10.99 billion ..... Disaster relief and insurance
Increased $1 bil. from base of $9.990 bil.( 10%)


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Education ($72.38 billion: increased $8.31 billion)
$42.43 billion ..... Elementary, Secondary & Vocational education
Increased $3.86 bil. from base of $38.572 bil.( 10%)
$26.72 billion ..... Higher education
Increased $4.45 bil. from base of $22.269 bil.( 20%)
$3.23 billion ...... Research and general education (No Change)


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Training, labor and unemployment ($48.49 billion)
$7.56 billion ...... Training and employment
Increased $0.68 bil. from base of $6.876 bil.( 10%)
$1.6 billion ....... Labor law, statistics, and other administration (No Change)
$39.33 billion ..... Unemployment compensation (No Change)


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Non-Medicare Health Spending ($272.59 billion: increased $19.27 billion)
$211.99 billion .... Medicaid grants
Increased $19.27 bil. from base of $192.718 bil.( 10%)
$6.23 billion ...... State Children's Health Insurance (No Change)
$3.17 billion ...... Indian health (No Change)
$3.24 billion ...... Substance abuse and mental health services (No Change)
$4.7 billion ....... Disease control, public health and bioterrorism (No Change)
$29.36 billion ..... Health research and training (No Change)
$3.01 billion ...... Food safety and occupational health and safety (No Change)
$10.89 billion ..... Other health care services (No Change)


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Medicare ($364.03 billion: increased $18.28 billion)
$201.03 billion .... Hospital insurance (HI)
Increased $18.27 bil. from base of $182.758 bil.( 10%)
$115.14 billion .... Supplementary medical insurance (SMI) (No Change)
$46.7 billion ...... Prescription drug benefit (No Change)
$1.16 billion ...... Health care fraud (No Change)


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Civilian Retirement (Social Security excluded) ($67.09 billion: cut $4.93 billion)
$4.89 billion ...... Civilian retirement and disability insurance (No Change)
$52.4 billion ...... Federal employee retirement and disability
Cut $5.81 bil. from base of $58.223 bil.(-10%)
$9.8 billion ....... Federal employees' and retired employees' health benefits
Increased $0.89 bil. from base of $8.912 bil.( 10%)


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Aid to Low-Income Families ($202.59 billion: cut $4.17 billion)
$38.45 billion ..... Housing assistance (No Change)
$33.82 billion ..... Food stamps
Cut $3.75 bil. from base of $37.581 bil.(-10%)
$21.23 billion ..... Other nutrition programs (WIC, school lunches)
Increased $1.93 bil. from base of $19.296 bil.( 10%)
$34.79 billion ..... Supplemental security income (SSI)
Cut $3.86 bil. from base of $38.660 bil.(-10%)
$16.39 billion ..... Family support payments (TANF)
Cut $1.81 bil. from base of $18.209 bil.(-10%)
$34.05 billion ..... Earned Income Tax Credit (EITC) (No Change)
$15.78 billion ..... Child tax credit
Increased $2.63 bil. from base of $13.146 bil.( 20%)
$5.76 billion ...... Child care funds
Increased $0.96 bil. from base of $4.801 bil.( 20%)
$2.32 billion ...... Other aid to low-income families
Cut $0.25 bil. from base of $2.581 bil.(-10%)


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General Family Support ($25.62 billion)
$6.56 billion ...... Foster care and adoption assistance (No Change)
$2.92 billion ...... Child support and family support programs (No Change)
$16.14 billion ..... Social and family services (No Change)


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Social security ($599.3 billion: increased $54.48 billion)
$499.84 billion .... Old-age and survivors insurance(OASI)
Increased $45.44 bil. from base of $454.400 bil.( 10%)
$99.46 billion ..... Disability insurance (DI)
Increased $9.04 bil. from base of $90.421 bil.( 10%)


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Administration of justice ($42.58 billion)
$12.49 billion ..... Federal law enforcement
Increased $1.14 bil. from base of $11.351 bil.( 10%)
$10.46 billion ..... Border security and immigration (No Change)
$10.91 billion ..... Federal litigation and judicial activities (No Change)
$4.92 billion ...... Federal prison system
Cut $1.23 bil. from base of $6.156 bil.(-20%)
$3.8 billion ....... Criminal justice assistance
Cut $0.41 bil. from base of $4.222 bil.(-10%)


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General government administration ($16.96 billion)
$3.3 billion ....... Legislative functions
Cut $0.36 bil. from base of $3.671 bil.(-10%)
$1.03 billion ...... Executive office programs
Cut $0.1 bil. from base of $1.140 bil.(-10%)
$9.8 billion ....... IRS & other fiscal opertations (No Change)
$2.83 billion ...... Other general government
Cut $0.3 bil. from base of $3.145 bil.(-10%)


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Net_interest_long ($211.08 billion)
$211.08 billion .... Net Interest (No Change)


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Undistributed offsetting receipts and allowance ($-43.99 billion)
$-43.99 billion .... Undistributed offsetting receipts and allowance (No Change)


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Tax Expenditures and Tax Cuts ($1118.68 billion: increased $43.55 billion)


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2001 and 2003 Tax Cuts ($317.76 billion: increased $22.87 billion)
$140.35 billion .... Benefits for Richest 1% of Taxpayers
Increased $23.39 bil. from base of $116.9562 bil.( 20%)
$31.76 billion ..... Benefits for Next Richest 4%
Increased $2.89 bil. from base of $28.8708 bil.( 10%)
$64.81 billion ..... Benefits for Next Richest 15%
Increased $5.89 bil. from base of $58.92 bil.( 10%)
$43.6 billion ...... Benefits for Next 20% of Taxpayers (No Change)
$37.24 billion ..... Benefits for Bottom 60% of Taxpayers
Cut $9.3 bil. from base of $46.546 bil.(-20%)


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Corporate Tax Breaks ($57.29 billion: cut $3.06 billion)
$15.74 billion ..... Untaxed Foreign Profits (No Change)
$8.88 billion ...... R&D Tax Breaks
Cut $0.98 bil. from base of $9.870 bil.(-10%)
$4.05 billion ...... Energy, Mining and Timber Tax Breaks (No Change)
$9.93 billion ...... Tax Free Bonds (No Change)
$18.69 billion ..... Other Corporate Tax Breaks
Cut $2.07 bil. from base of $20.770 bil.(-10%)


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Personal Business & Investment Benefits ($86.71 billion)
$30.38 billion ..... Lower tax rates on capital gains (excluding housing) (No Change)
$28.76 billion ..... Step-up basis of capital gains at death (No Change)
$23.01 billion ..... Tax-Free Bonds (No Change)
$1.36 billion ...... Enterprise & Empowerment Zones and New Markets credit (No Change)
$3.2 billion ....... Other personal investment tax breaks (No Change)


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Pension & Retirement Deductions ($178.51 billion: increased $10.04 billion)
$56.16 billion ..... Employer-paid Pensions
Increased $5.11 bil. from base of $51.050 bil.( 10%)
$58.12 billion ..... 401Ks & Keogh plans (No Change)
$7.31 billion ...... IRAs (No Change)
$32.43 billion ..... Group and personal life insurance benefits
Increased $2.95 bil. from base of $29.480 bil.( 10%)
$21.75 billion ..... Untaxed Social Security benefits
Increased $1.98 bil. from base of $19.770 bil.( 10%)
$2.74 billion ...... Other retirement benefits (No Change)


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Health Insurance Tax Benefits ($153.13 billion: increased $12.14 billion)
$138.26 billion .... Employer-paid Health Insurance
Increased $12.57 bil. from base of $125.690 bil.( 10%)
$3.9 billion ....... Self-employed medical insurance premiums
Cut $0.42 bil. from base of $4.330 bil.(-10%)
$1.83 billion ...... Medical Savings/Health Savings Accounts (No Change)
$9.14 billion ...... Deductibility of medical expenses (No Change)


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Housing tax benefits ($156.11 billion: cut $7.59 billion)
$68.43 billion ..... Mortgage Interest
Cut $7.59 bil. from base of $76.03 bil.(-10%)
$14.83 billion ..... Deductibility of property taxes on homes (No Change)
$36.27 billion ..... Capital gains exclusion on home sales (No Change)
$29.72 billion ..... Exclusion of net imputed rental income on owner-occupied homes (No Change)
$2.11 billion ...... Housing bonds & low-income housing investments (No Change)
$4.75 billion ...... Exception from passive loss rules for $25,000 of rental loss (No Change)


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Other individual deductions and exemptions ($169.17 billion: increased $9.18 billion)
$41.68 billion ..... Charitable contributions
Increased $3.79 bil. from base of $37.890 bil.( 10%)
$34.62 billion ..... State and local taxes (w/o home property) (No Change)
$7.21 billion ...... Soldiers and veterans tax benefits
Increased $0.66 bil. from base of $6.550 bil.( 10%)
$5.94 billion ...... Workmen's compensation (No Change)
$15.41 billion ..... Education deductions and credits
Increased $1.4 bil. from base of $14.010 bil.( 10%)
$36.09 billion ..... Child credit
Increased $3.28 bil. from base of $32.810 bil.( 10%)
$2.81 billion ...... Child care credits and deductions (No Change)
$2 billion ......... Deduction for the blind and elderly (No Change)
$8.65 billion ...... Social Security benefits for disabled and survivors
Increased $0.79 bil. from base of $7.860 bil.( 10%)
$3.38 billion ...... Untaxed foreign personal income
Cut $0.37 bil. from base of $3.760 bil.(-10%)
$3.28 billion ...... Employee parking and transit expenses (No Change)
$1.25 billion ...... Adoption and foster care tax credits (No Change)
$5.42 billion ...... Earned Income Tax Credit (EITC)- revenue loss component (No Change)
$1.43 billion ...... Other fringe benefits
Cut $0.35 bil. from base of $1.790 bil.(-20%)