| 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 (atfiscal end) 64.0% of GDP[2] |
| GDP | $6.795 trillion[1] |
|
‹ 1992 1994› | |
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 Actual Receipts by Source
(in billions of dollars)
| Source | Actual[3] |
|---|---|
| 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 |
The total outlays for FY1993 was 1.409 trillion dollars as authorized by congress.[1]
The budget had an estimated deficit for enacted legislation of $255 billion.
3.8% of GDP[1]
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