| Submitted by | Bill Clinton |
|---|---|
| Submitted to | 103rd Congress |
| Total revenue | $1.35 trillion (actual) 17.8% of GDP (actual)[1] |
| Total expenditures | $1.52 trillion (actual) 20% of GDP (actual)[1] |
| Deficit | $164 billion (actual) 2.2% of GDP (actual)[1] |
| Debt | $4.925 trillion (atfiscal end) 64.9% of GDP[2] |
| GDP | $7.583 trillion[1] |
|
‹ 1994 1996› | |
The 1995 United States federal budget is the United States federal budget to fund government operations for the fiscal year 1995, which was October 1994 – September 1995. This budget was the last to be submitted before the Republican Revolution in the 1994 midterm elections.
1995 Actual Receipts by Source
(in billions of dollars)
| Source | Actual[3] |
|---|---|
| Individual income tax | 590 |
| Corporate income tax | 157 |
| Social Security and other payroll tax | 484 |
| Excise tax | 57 |
| Other miscellaneous receipts | 63 |
| Total | 1,351 |
The total outlays for FY1995 was 1.52 trillion dollars as authorized by congress.[1]
The budget had an estimated deficit for enacted legislation of $164 billion.
2.2% of GDP[1]
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