2008 United States federal budget

2008 (2008) Budget of the United States federal government
SubmittedFebruary 5, 2007[1]
Submitted byGeorge W. Bush
Submitted to110th Congress
Total revenue$2.662 trillion (requested)[2]
$2.524 trillion (actual)[3]
17.1% of GDP (actual)[4]
Total expenditures$2.902 trillion (requested)[2]
$2.983 trillion (actual)[3]
20.2% of GDP (actual)[4]
Deficit$239 billion (requested)[2]
$458.6 billion (actual)[3]
3.1% of GDP (actual)[4]
Debt$9.986 trillion (at fiscal end)
67.7% of GDP (actual)[5]
GDP$14.752 trillion[4]
WebsiteOffice of Management and Budget
‹ 2007
2009

The 2008 United States Federal Budget began as a proposal by President George W. Bush to fund government operations for October 1, 2007 – September 30, 2008. The requested budget was submitted to the 110th Congress on February 5, 2007.[1]

The government was initially funded through a series of four temporary continuing resolutions. Final funding for the Department of Defense was enacted on November 13, 2007 as part of the Department of Defense Appropriations Act, 2008, while the remaining departments and agencies were funded as part of an omnibus spending bill, the Consolidated Appropriations Act, 2008, on December 26, 2007.[6]

  1. ^ a b "THE BUDGET MESSAGE OF THE PRESIDENT" (PDF). congress.gov. Congressional Record Proceedings and Debates of the 110th Congress, 1st Session (Vol. 153, No. 21 — Daily ed.). Washington. February 5, 2007. p. 14.
  2. ^ a b c "2008 Budget Summary Tables" (PDF). Government Publishing Office. Retrieved October 8, 2015.
  3. ^ a b c "2010 Historical Tables" (PDF). Government Publishing Office. Retrieved October 8, 2015.
  4. ^ a b c d "Table 1.2—SUMMARY OF RECEIPTS, OUTLAYS, AND SURPLUSES OR DEFICITS (–) AS PERCENTAGES OF GDP: 1930–2020" (PDF). Government Publishing Office. Retrieved October 8, 2015.
  5. ^ "Fiscal Year 2016 Budget Historical Tables" (PDF). Office of Management and Budget. Retrieved October 8, 2015.
  6. ^ "Appropriations for Fiscal Year 2008". U.S. Congress. Retrieved 2018-03-31.

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