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GDP. $17.9 trillion (actual)[4] Website. Office of Management and Budget. ‹ 2014. 2016 ›. President Obama's Proposed Fiscal Year 2015 United States Federal Budget. The 2015 United States federal budget was the federal budget for fiscal year 2015, which runs from October 1, 2014 to September 30, 2015. The budget takes the form of a budget ...
By 2015, the budget deficit was 2.4%, below the 1980-2007 historical average of 2.5% GDP. [10] During 2012, Warren Buffett proposed establishing a minimum effective tax rate of 30% on taxpayers earning over $1 million. [41] [42] This became known as the Buffett Rule. Many high income taxpayers face lower effective tax rates because a ...
The Congressional Progressive Caucus (CPC) proposed "The People's Budget" in April 2011, which it claimed would balance the budget by 2021 while maintaining debt as a % GDP under 65%. It proposed reversing most of the Bush tax cuts; higher income tax rates on the wealthy and restoring the estate tax, investing in a jobs program, and reducing ...
GDP. $18.407 trillion (actual)[3] Website. Office of Management and Budget. ‹ 2015. 2017 ›. The United States Federal Budget for fiscal year 2016 began as a budget proposed by President Barack Obama to fund government operations for October 1, 2015 – September 30, 2016. The requested budget was submitted to the 114th Congress on February ...
Debt. $20.24 trillion (actual) 105.5% of GDP [ 4 ] GDP. $19.177 trillion (actual)[ 3 ] Website. Office of Management and Budget. ‹ 2016. 2018 ›. The 2017 United States federal budget is the United States federal budget for fiscal year 2017, which lasted from October 1, 2016 to September 30, 2017.
President Obama's 2010 budget proposal includes a total of $663.8 billion, including $533.8 billion for the DOD and $130 billion for overseas contingencies, primarily the wars in Iraq and Afghanistan. The proposed DoD base budget represents an increase of $20.5 billion over the $513.3 billion enacted for fiscal 2009.
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