2016 United States federal budget

2016 (2016) Budget of the United States federal government
SubmittedFebruary 2, 2015[1]
Submitted byBarack Obama
Submitted to114th Congress
Total revenue$3.525 trillion (requested)[2]
$3.268 trillion (actual)[3]
17.8% of GDP[3]
Total expenditures$3.999 trillion (requested)[2]
$3.853 trillion (actual)[3]
20.9% of GDP[3]
Deficit$474 billion (requested)[2]
$585 billion (actual)[3]
3.2% of GDP[3]
Debt$19.57 trillion (actual)[4]
GDP$18.407 trillion (actual)[3]
WebsiteOffice 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 2, 2015.

The government was initially funded through a series of three temporary continuing resolutions. The final funding package was passed as an omnibus spending bill, the Consolidated Appropriations Act, 2016, enacted on December 18, 2015.

  1. ^ "THE BUDGET MESSAGE OF THE PRESIDENT" (PDF). congress.gov. Congressional Record Proceedings and Debates of the 114th Congress, First Session (Vol. 161, No. 17 — Daily ed.). Washington. February 2, 2015. p. 5.
  2. ^ a b c "Fiscal Year 2016 Budget" (PDF). United States Office of Management and Budget. Table S–5. Proposed Budget by Category. Retrieved November 4, 2015.
  3. ^ a b c d e f g Cite error: The named reference 2018BudgetTables was invoked but never defined (see the help page).
  4. ^ "U.S. Department of the Treasury". Archived from the original on June 3, 2012. Retrieved August 8, 2018.

© MMXXIII Rich X Search. We shall prevail. All rights reserved. Rich X Search