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SUMMARY TABLES

Table 6. BUDGET TOTALS
  2002 2003 2004 2005 2006 2007
In billions of dollars:
    Outlays 2,032 2,138 2,217 2,298 2,390 2,483
    Receipts 1,867 2,029 2,169 2,351 2,451 2,567
    Deficit/surplus -165 -109 -48 53 60 84
    Debt held by the public 3,529 3,655 3,713 3,669 3,622 3,546
As a percent of GDP:
    Outlays 19.4 19.3 19.0 18.7 18.5 18.2
    Receipts 17.8 18.4 18.6 19.1 18.9 18.8
    Deficit/surplus -1.6 -1.0 -0.4 0.4 0.5 0.6
    Debt held by the public 33.7 33.1 31.8 29.8 28.0 26.0

Table 7. BUDGET SUMMARY BY CATEGORY
(In billions of dollars)
  2002 2003 2004 2005 2006 2007 2003–2007
Outlays:
    Discretionary:
        Defense 332 371 388 408 423 437 2,028
        Nondefense 379 399 413 418 424 432 2,086
    Subtotal, discretionary 711 771 801 826 847 870 4,114
    Emergency response fund 36 17 8 3 2 1 30
    Mandatory:
        Social Security 453 473 494 515 538 566 2,587
        Medicare 223 232 242 260 282 307 1,324
        Medicaid 147 161 173 188 205 223 950
        Other mandatory 291 305 302 307 319 323 1,556
    Subtotal, mandatory 1,114 1,171 1,212 1,270 1,345 1,419 6,417
    Net interest 171 180 196 198 197 194 965
Total Outlays 2,032 2,138 2,217 2,298 2,390 2,483 11,526
Receipts 1,867 2,029 2,169 2,351 2,451 2,567 11,567
Surplus -165 -109 -48 53 60 84 41
    On-budget surplus -322 -282 -236 -165 -176 -171 -1,031
    Off-budget surplus 157 173 189 219 237 255 1,072

Table 8. IMPACT OF BUDGET POLICY ON THE SURPLUS
(In billions of dollars)
  2003 2004 2005 2006 2007 2003–2007
Current baseline surplus/deficit -62 17 137 174 219 485
Budget proposals:
    Defense and homeland security -37 -42 -46 -52 -58 -235
    Strengthening Medicare -2 -3 -5 -17 -22 -50
    Provide incentives for charitable giving -3 -2 -3 -4 -4 -16
    Health tax credits -1 -8 -9 -9 -9 -37
    Reform unemployment -1 -2 -4 -6 -8 -20
    Extend expiring tax provisions -1 -2 -4 -7 -8 -22
    Other proposals -1 -2 -6 -6 -7 -22
    Related debt service -1 -4 -8 -12 -18 -43
Subtotal, budget proposals -47 -65 -84 -113 -135 -445
Budget surplus/deficit -109 -48 53 60 84 41

Table 9. DISCRETIONARY TOTALS
(Budget authority, dollar amounts in billions)
  2001 2002 2003 Difference 2002–2003
Dollars Percent
Discretionary Budget Authority:
    Homeland Security 10 12 25 13 111
    Department of Defense 1 303 328 376 48 15
    Other Operations of Government 330 348 356 7 2
Total, Discretionary Budget Authority 2 643 688 757 69 10
Emergency Response Fund:
    War on Terrorism 13 19
    Homeland Security 3 13
    Other September 11th Response 5 15
Total, Emergency Response Fund 20 47
  Note: Adjustments for the full cost of accounting for retirement benefits would add $8 billion in FY 2001 and $9 billion in both FY 2002 and FY 2003.
  1 A 2003 budget amendment increasing the Department of Defense by $10 billion for expenses related to the war on terrorism was transmitted to the Congress on July 3, 2002. Consequently, the total percent increase for discretionary budget authority now stands at 10 percent, up from 8.5 percent in the February Budget.
  2 Excludes budget authority associated with the mass transit budget category.

Table 10. MANDATORY PROPOSALS
(In millions of dollars)
  2003 2004 2005 2006 2007 2003–07 2003–12
Strengthening Medicare 1,680 3,375 5,068 17,485 22,497 50,105 190,159
Medicaid/SCHIP:
    Medicaid/SCHIP Reform 348 125 309 144 161 1,087 1,781
     Rationalizing Prescription Drug Payments -290 -650 -1,090 -1,620 -1,800 -5,450 -17,640
Welfare Reform:
     TANF Reauthorization -14 288 266 340 387 1,267 2,976
    Child Support Enforcement:
        Federal Collections and Payments to States -66 -53 60 116 119 176 798
        Food Stamps Savings .......... .......... -37 -47 -49 -133 -402
        Medicaid Savings .......... .......... -5 -15 -20 -40 -210
          Subtotal, Child Support Enforcement -66 -53 18 54 50 3 186
     Supplemental Security Income -2 -6 -15 -25 -32 -80 -419
        Medicaid savings -3 -10 -26 -49 -75 -163 -1,036
          Subtotal, Supplemental Security Income -5 -16 -41 -74 -107 -243 -1,455
        Total, Welfare Reform -85 219 243 320 330 1,027 1,707
Other Proposals:
    Agriculture:
        Increase Timber Competition (use of sealed bids) .......... -5 -10 -14 -15 -44 -139
        Non-Timber Interests Bidding .......... -5 -5 -10 -10 -30 -80
        Collect Fair Market Value from Ski Resorts .......... -3 -10 -14 -15 -42 -117
        Accelerate repayment to reforestation trust fund and payments from special use permits to enhance environmental protection for lands used by ski resorts .......... 13 25 38 40 116 336
        Provide permanent recreation fee authority .......... .......... -10 1 1 -8 -3
    Education:
        Teacher loan forgiveness 45 14 17 18 18 112 211
    Energy:
        Power Marketing Associations to directly fund Corps of Engineers' operations and maintenance expenses 149 149 150 150 150 748 1,498
        Increase BPA's borrowing authority .......... 113 498 89 .......... 700 700
        ANWR, lease bonuses .......... -1,200 .......... .......... .......... -1,200 -1,200
    Health and Human Services:
        Abstinence education 14 37 42 47 50 190 440
    Interior:
        ANWR, lease bonuses:
          State of Alaska's share:
        Receipts .......... -1,201 -1 -101 -1 -1,304 -1,587
        Expenditure .......... 1,201 1 101 1 1,304 1,587
          Federal share .......... -1 -1 -101 -1 -104 -387
        Provide permanent recreation fee authority .......... .......... -17 7 48 38 490
        Correct trust accounting deficiencies in individual Indian money investments 7 .......... .......... .......... .......... 7 7
    Labor:
        Reform Unemployment Insurance -28 -32 446 1,515 2,742 4,643 19,141
        Refinance Black Lung Disability Trust Fund debt:
          Black Lung Disability Trust Fund 1,606 -446 -435 -430 -427 -132 -2,184
          Treasury's interest receipts -1,606 446 435 430 427 132 2,184
        Propose Reforms of FECA for Future Beneficiaries -12 -24 -27 -29 -32 -124 -310
        Redirect H–1B training 80 -15 -48 -17 .......... .......... ..........
    Treasury:
        Tax credits 987 6,147 6,930 7,463 7,592 29,119 75,261
    Veterans Affairs:
        IRS income verification on means tested veterans and survivors benefits .......... -6 -6 -6 -6 -24 -54
    Army Corps of Engineers:
        Recreation user fee increase -6 -1 -1 -1 4 -5 15
    FCC:
        Impose annual analog fees after 2006 .......... .......... .......... .......... -500 -500 -2,680
    FEMA:
        Reform National Flood Insurance -43 -75 -115 -165 -227 -625 -2,080
    OPM:
        Simplify computation of annuities under the CSRS for individuals with part-time service 3 8 14 20 27 72 313
    Multi-Agency:
        Authorize spending of reimbursements for spectrum relocating costs 100 50 100 165 100 515 715
    Indirect impact of other proposals (Third scorecard):
        Enact FECA surcharge .......... -1 -5 -7 -7 -20 -50
Total, mandatory proposals 2,949 8,232 12,497 25,478 31,147 80,303 268,034

Table 11. EFFECT OF PROPOSALS ON RECEIPTS
(In millions of dollars)
  2002 2003 2004 2005 2006 2007 2003–2007 2003–2012
Tax Incentives:
    Provide incentives for charitable giving:
        Provide charitable contribution deduction for nonitemizers -334 -1,924 -1,446 -2,311 -3,613 -3,640 -12,934 -33,640
        Permit tax-free withdrawals from IRAs for charitable contributions -37 -247 -204 -218 -228 -236 -1,133 -2,651
        Raise the cap on corporate charitable contributions -8 -137 -103 -127 -145 -157 -669 -1,667
        Expand and increase the enhanced charitable deduction for contributions of food inventory -3 -56 -54 -59 -66 -72 -307 -796
        Reform excise tax based on investment income of private foundations -17 -280 -187 -189 -193 -205 -1,054 -2,279
        Modify tax on unrelated business taxable income of charitable remainder trusts .......... -4 -3 -4 -4 -4 -19 -49
        Modify basis adjustment to stock of S corporations contributing appreciated property -1 -7 -11 -14 -17 -21 -70 -227
        Allow expedited consideration of applications for exempt status 1 .......... .......... .......... .......... .......... .......... .......... ..........
    Strengthen and reform education:
        Provide refundable tax credit for certain costs of attending a different school for pupils assigned to failing public schools 2 .......... -9 -23 -35 -50 -61 -178 -210
        Allow teachers to deduct out-of–pocket classroom expenses .......... .......... -21 -214 -217 -220 -672 -1,813
    Invest in health care:
        Provide refundable tax credit for the purchase of health insurance 3 .......... -300 -1,997 -2,803 -2,761 -2,932 -10,793 -29,225
        Provide an above-the-line deduction for long-term care insurance premiums .......... .......... -261 -506 -1,020 -1,843 -3,630 -18,371
        Allow up to $500 in unused benefits in a health flexible spending arrangement to be carried forward to the next year .......... .......... -441 -723 -782 -830 -2,776 -7,819
        Provide additional choice with regard to unused benefits in a health flexible spending arrangement .......... .......... -23 -39 -45 -52 -159 -566
        Permanently extend and reform Archer MSAs .......... -27 -294 -461 -524 -601 -1,907 -5,939
        Provide an additional personal exemption to home caretakers of family members .......... .......... -318 -362 -345 -348 -1,373 -3,578
    Assist Americans with disabilities:
        Exclude from income the value of employer-provided computers, software and peripherals .......... .......... -2 -6 -6 -6 -20 -52
    Help farmers and fishermen manage economic downturns:
        Establish FFARRM savings accounts .......... .......... -133 -350 -244 -171 -898 -1,233
    Increase housing opportunities:
        Provide tax credit for developers of affordable single-family housing .......... -7 -76 -302 -715 -1,252 -2,352 -15,257
    Encourage saving:
        Establish Individual Development Accounts (IDAs) .......... -124 -267 -319 -300 -255 -1,265 -1,722
    Protect the environment:
        Permanently extend expensing of brownfields remediation costs .......... .......... -192 -304 -298 -287 -1,081 -2,378
        Exclude 50 percent of gains from the sale of property for conservation purposes .......... -2 -44 -90 -94 -98 -328 -918
    Increase energy production and promote energy conservation:
        Extend and modify tax credit for producing electricity from certain sources .......... -243 -215 -116 -45 -45 -664 -900
        Provide tax credit for residential solar energy systems .......... -9 -7 -8 -17 -24 -65 -75
        Modify treatment of nuclear decommissioning funds -12 -228 -168 -178 -188 -198 -960 -2,111
        Provide tax credit for purchase of certain hybrid and fuel cell vehicles .......... -107 -173 -337 -521 -763 -1,901 -3,035
        Provide tax credit for energy produced from landfill gas .......... -46 -59 -86 -121 -140 -452 -1,145
        Provide tax credit for combined heat and power property .......... -290 -247 -237 -294 -138 -1,206 -1,180
        Provide excise tax exemption (credit) for ethanol 1 .......... .......... .......... .......... .......... .......... .......... ..........
    Promote trade:
        Extend and expand Andean trade preferences 4 .......... -322 -213 -226 -58 .......... -819 -819
        Initiate a new trade preference program for Southeast Europe 4 .......... -21 -25 -26 -28 -31 -131 -131
        Implement free trade agreements with Chile and Singapore 4 .......... .......... -61 -85 -105 -130 -381 -1,351
    Improve tax administration:
        Implement IRS administrative reforms .......... 60 49 50 52 54 265 559
        Combat abusive tax avoidance transactions .......... 37 64 91 101 102 395 958
        Limit related party interest deductions .......... 1,282 772 761 761 775 4,351 9,231
    Reform unemployment insurance:
        Reform unemployment insurance administrative financing 4 .......... -1,043 -1,892 -3,100 -4,298 -5,404 -15,737 -13,222
    Simplify the tax laws:
        Establish uniform definition of a child .......... -25 -24 -25 -25 -29 -128 -10
    Provide incentives for small business:
        Increase Section 179 expensing .......... -647 -840 -948 -908 -775 -4,118 -7,474
Expiring Provisions:
    Extend provisions that expired in 2001 for two years:
        Generalized System of Preferences (GSP) 4 .......... -785 .......... .......... .......... .......... -785 -785
    Permanently extend expiring provisions:
        Provisions expiring in 2010:
          Marginal individual income tax rate reductions .......... .......... .......... .......... .......... .......... .......... -185,420
          Child tax credit 5 .......... .......... .......... .......... .......... .......... .......... -32,324
          Marriage penalty relief 6 .......... .......... .......... .......... .......... .......... .......... -12,420
          Education incentives -1 -5 -10 -15 -20 -26 -76 -2,809
          Repeal of estate and generation-skipping transfer taxes, and modification of gift taxes -169 -281 -814 -1,367 -2,009 -2,312 -6,783 -96,897
          Modifications of IRAs and pension plans .......... .......... .......... .......... .......... .......... .......... -6,490
          Other incentives for families and children .......... .......... .......... .......... .......... .......... .......... -1,278
        Research & Experimentation (R&E) tax credit .......... .......... -906 -2,949 -4,654 -5,623 -14,132 -51,051
    Total budget proposals -582 -5,797 -10,869 -18,237 -24,044 -27,998 -86,945 -540,569
  1 Policy proposal with a receipt effect of zero.
  2 Affects both receipts and outlays. Only the receipt effect is shown here. The outlay effect is $156 million for 2003, $420 million for 2004, $656 million for 2005, $930 million for 2006, $1,184 million for 2007, $3,346 million for 2003–2007, and $3,991 million for 2003–2012.
  3 Affects both receipts and outlays. Only the receipt effect is shown here. The outlay effect is $831 million for 2003, $5,727 million for 2004, $6,274 million for 2005, $6,533 million for 2006, $6,408 million for 2007, $25,773 million for 2003–2007, and $60,272 million for 2003–2012.
  4 Net of income offsets.
  5 Affects both receipts and outlays. Only the receipt effect is shown here. The outlay effect is $9,499 million for 2003–2012.
  6 Affects both receipts and outlays. Only the receipt effect is shown here. The outlay effect is $1,499 million for 2003–2012.

Table 12. RECEIPTS BY SOURCE
(In billions of dollars)
  2001  Actual Estimates
2002 2003 2004 2005 2006 2007
February estimates
     Individual income taxes 994.3 949.2 1,006.4 1,058.6 1,112.0 1,157.3 1,221.7
     Corporation income taxes 151.1 201.4 205.5 212.0 237.1 241.4 250.6
     Social insurance and retirement receipts 694.0 708.0 749.2 789.8 835.2 868.7 908.3
     Excise taxes 66.1 66.9 69.0 71.2 73.6 75.3 77.5
     Estate and gift taxes 28.4 27.5 23.0 26.6 23.4 26.4 23.2
     Customs duties 19.4 18.7 19.8 21.9 23.0 24.7 26.2
     Miscellaneous receipts 37.8 36.4 40.2 42.8 43.2 44.4 46.2
     Bipartisan economic security plan .......... -62.0 -65.0 -47.5 -9.5 17.0 18.0
      Total 1,991.0 1,946.1 2,048.0 2,175.3 2,338.0 2,455.3 2,571.7
Mid-Session estimates
     Individual income taxes 994.3 873.2 963.6 1,030.3 1,096.2 1,154.2 1,220.9
     Corporation income taxes 151.1 144.8 176.8 194.7 256.1 251.2 256.2
     Social insurance and retirement receipts 694.0 702.9 738.1 780.0 832.4 872.3 913.9
     Excise taxes 66.1 67.2 69.9 72.8 74.8 76.1 78.3
     Estate and gift taxes 28.4 27.5 22.2 25.0 22.7 25.0 22.5
     Customs duties 19.4 18.2 18.7 22.1 23.7 25.3 26.9
     Miscellaneous receipts 37.8 33.6 39.7 44.3 45.4 46.4 47.8
     Bipartisan economic security plan .......... .......... .......... .......... .......... .......... ..........
      Total 1,991.0 1,867.4 2,029.0 2,169.3 2,351.2 2,450.5 2,566.5
Difference
     Individual income taxes .......... -76.0 -42.7 -28.2 -15.8 -3.1 -0.7
     Corporation income taxes .......... -56.6 -28.7 -17.2 19.0 9.8 5.6
     Social insurance and retirement receipts .......... -5.1 -11.2 -9.8 -2.8 3.5 5.7
     Excise taxes .......... 0.3 0.9 1.6 1.1 0.9 0.8
     Estate and gift taxes .......... * -0.8 -1.6 -0.8 -1.3 -0.7
     Customs duties .......... -0.5 -1.1 0.2 0.6 0.6 0.8
     Miscellaneous receipts .......... -2.8 -0.5 1.5 2.2 1.9 1.5
     Bipartisan economic security plan .......... 62.0 65.0 47.5 9.5 -17.0 -18.0
      Total .......... -78.7 -19.1 -6.0 13.1 -4.7 -5.1
  * $50 million or less.

Table 13. DISCRETIONARY BUDGET AUTHORITY BY AGENCY
(In billions of dollars)
  2001  Actual February estimates
 Mid-Session estimates
2002 2003 2004 2005 2006 2007 2002 2003 2004 2005 2006 2007
Legislative Branch 2.8 3.0 3.4 3.4 3.5 3.6 3.6 3.0 3.5 3.5 3.5 3.6 3.7
Judicial Branch 4.0 4.3 4.9 5.0 5.1 5.2 5.4 4.3 4.9 5.0 5.1 5.2 5.4
Agriculture 1 19.4 19.4 19.3 20.6 20.7 21.2 21.7 19.5 19.6 20.3 20.7 21.2 21.7
Commerce 5.1 5.2 5.2 5.7 5.7 5.8 6.0 5.2 5.2 5.7 5.7 5.8 6.0
Defense—Military 302.6 327.7 366.0 383.4 404.1 424.7 446.2 327.7 376.0 383.4 404.1 424.7 446.2
Education 40.1 49.8 50.3 51.4 52.5 53.7 55.0 49.8 50.3 51.4 52.5 53.8 55.0
Energy 20.1 20.9 21.8 22.3 22.8 23.3 23.8 20.9 21.8 22.3 22.8 23.3 23.8
Health and Human Services 54.1 59.4 64.9 66.4 68.1 69.9 71.5 59.4 64.9 66.4 68.1 69.9 71.5
Housing and Urban Development 28.4 29.4 31.4 33.8 34.8 35.6 36.5 29.4 31.4 33.8 34.7 35.6 36.4
Interior 10.3 10.2 10.2 10.5 10.7 10.9 11.2 10.2 10.2 10.4 10.7 10.9 11.2
Justice 21.2 21.5 21.3 24.3 23.6 24.1 24.7 21.5 21.3 24.3 23.6 24.1 24.7
Labor 11.9 12.2 11.3 11.6 11.5 10.3 9.5 12.1 11.3 11.6 10.3 9.2 8.7
State 7.7 8.8 9.1 9.3 9.5 9.8 10.0 8.8 9.1 9.3 9.5 9.8 10.0
Transportation 17.2 15.8 19.0 19.1 19.6 20.0 20.5 15.8 19.0 19.1 19.6 20.0 20.5
Treasury 14.5 15.2 15.9 16.5 16.9 17.3 17.7 15.2 15.9 16.5 16.9 17.3 17.7
Veterans Affairs 22.4 23.8 25.6 25.9 26.4 27.0 27.6 24.0 25.6 25.9 26.4 27.0 27.6
Corps of Engineers-Civil Works 4.7 4.5 4.0 4.1 4.2 4.3 4.4 4.5 4.0 4.1 4.2 4.3 4.4
Other Defense Civil Programs 0.1 0.2 0.1 0.2 0.2 0.2 0.2 0.2 0.1 0.2 0.2 0.2 0.2
Environmental Protection Agency 7.8 7.9 7.6 7.8 8.0 6.8 7.0 7.9 7.6 7.7 7.9 6.8 7.0
Executive Office of the President 0.3 0.3 0.3 0.3 0.3 0.4 0.4 0.3 0.3 0.3 0.3 0.4 0.4
Federal Emergency Management Agency 2.4 3.1 6.6 6.7 6.8 7.0 7.2 3.1 6.6 6.7 6.8 7.0 7.2
General Services Administration 0.5 0.6 0.5 0.6 0.6 0.6 0.6 0.6 0.5 0.6 0.6 0.6 0.6
International Assistance Programs 12.6 13.1 13.9 14.3 14.7 15.0 15.4 13.0 13.9 14.3 14.7 15.0 15.4
National Aeronautics and Space Administration 14.3 14.8 15.0 15.6 15.9 16.3 16.7 14.8 15.0 15.6 15.9 16.3 16.7
National Science Foundation 4.4 4.8 5.0 5.1 5.2 5.4 5.5 4.8 5.0 5.1 5.2 5.4 5.5
Office of Personnel Management 0.2 0.2 0.3 0.3 0.3 0.3 0.3 0.2 0.3 0.3 0.3 0.3 0.3
Small Business Administration 0.9 0.8 0.8 0.8 0.8 0.8 0.9 0.8 0.8 0.8 0.8 0.8 0.9
Social Security Administration 6.0 6.4 6.7 7.0 7.2 7.3 7.5 6.4 6.7 6.9 7.0 7.2 7.3
Other Independent Agencies 6.7 6.2 6.2 6.1 5.9 5.8 7.0 6.2 6.2 6.1 5.9 5.8 7.0
Allowances .......... -1.3 -0.4 -0.4 -0.4 -0.4 -0.4 -1.3 -0.4 -0.4 -0.4 -0.4 -0.4
    Total 642.6 687.9 746.5 777.5 805.1 832.1 863.3 687.9 756.8 777.1 803.8 831.0 862.5
Memorandum:
    Emergency Response Fund 20 20 10 .......... .......... .......... .......... 47.1 .......... .......... .......... .......... ..........
  1 Adjusted for enactment of P.L. 107-171.

Table 14. DISCRETIONARY PROPOSALS BY APPROPRIATIONS SUBCOMMITTEE
(Budget authority, dollar amounts in billions)
Appropriations Subcommittee 2000 Actual 2001 Enacted 2002 Estimate 2003 Proposed Dollar Change: 2002 to 2003 Dollar Change: 2000 to 2003 Percent Average Annual Increase 2000 to 2003
Agriculture and Rural Development 1 15.0 16.3 16.6 17.2 0.6 2.2 4.7
Commerce, Justice, State, and the Judiciary 38.8 38.9 39.7 40.3 0.6 1.5 1.3
Defense 278.8 293.6 317.4 367.2 49.8 88.3 9.6
District of Columbia 0.5 0.5 0.4 0.4 * -0.1 -5.8
Energy and Water Development 21.6 24.2 24.6 25.1 0.5 3.6 5.2
Foreign Operations 16.2 14.6 15.3 16.1 0.8 -0.1 -0.3
Interior and Related Agencies 15.4 19.1 19.1 19.0 -0.1 3.6 7.3
Labor, Health and Human Services, and Education 87.1 109.8 123.8 130.5 6.7 43.4 14.4
Legislative 2.5 2.7 3.0 3.4 0.4 0.9 11.3
Military Construction 8.7 9.1 10.5 8.9 -1.6 0.3 1.1
Transportation and Related Agencies 2 13.2 17.1 15.6 18.8 3.2 5.6 12.5
Treasury and General Government 13.7 16.0 17.2 18.0 0.8 4.3 9.5
Veterans Affairs, Housing and Urban Development 71.8 80.6 84.8 92.3 7.5 20.6 8.8
Allowances .......... .......... .......... -0.4 -0.4 -0.4 NA
    Total 3 583.2 642.6 687.9 756.9 69.1 173.7 9.1
Emergency Response Fund .......... 20.0 47.1 .......... NA NA NA
  * $50 million or less.
  NA=Not applicable.
  1 Adjusted for enactment of P.L. 107–171.
  2 All years exclude mass transit budget authority.
  3 All years exclude the full cost of accounting for retirement benefits.

Table 15. OUTLAYS BY AGENCY
(In billions of dollars)
  2001  Actual February estimates
 Mid-Session estimates
2002 2003 2004 2005 2006 2007 2002 2003 2004 2005 2006 2007
Legislative Branch 3.0 3.5 3.9 4.0 3.8 3.8 3.9 3.5 3.9 4.1 3.9 3.9 4.0
Judicial Branch 4.4 4.9 5.4 5.5 5.7 5.8 5.9 4.9 5.4 5.5 5.7 5.8 5.9
Agriculture 68.1 76.1 74.0 74.4 74.2 74.7 76.5 72.8 78.8 79.1 78.2 77.5 76.6
Commerce 5.0 5.4 5.5 5.6 5.6 5.7 5.8 5.4 5.5 5.6 5.6 5.7 5.8
Defense—Military 291.0 327.4 357.7 371.1 390.5 405.3 418.7 335.8 360.6 372.3 390.9 405.4 418.8
Education 35.7 47.6 53.8 55.5 57.0 58.4 59.8 48.2 55.9 56.3 57.5 58.7 59.9
Energy 16.4 19.0 19.7 20.2 21.0 20.8 21.1 19.0 19.7 20.2 21.0 20.8 21.1
Health and Human Services 426.4 459.0 488.4 514.2 547.4 585.5 629.3 461.4 492.0 519.4 555.2 595.4 640.0
Housing and Urban Development 33.9 30.9 34.5 36.0 34.8 34.1 33.2 31.0 35.6 36.3 35.2 34.7 33.8
Interior 8.0 10.0 10.5 11.7 10.5 11.0 11.0 10.0 10.5 11.7 10.5 11.0 11.0
Justice 20.8 22.6 28.8 29.7 25.4 25.2 25.6 23.0 27.7 29.9 25.4 25.2 25.6
Labor 39.3 58.5 56.5 51.0 49.5 50.4 52.9 62.9 59.7 51.1 49.6 50.8 52.8
State 7.4 11.0 9.8 9.9 10.1 10.3 10.6 11.2 9.9 10.0 10.2 10.4 10.6
Transportation 54.1 60.0 58.0 56.1 55.8 56.7 58.4 64.1 59.1 57.1 56.8 57.7 59.4
Treasury 389.9 382.0 396.2 424.3 440.9 458.5 473.8 374.1 394.6 430.5 447.6 465.2 480.9
Veterans Affairs 45.0 50.6 55.6 57.7 62.2 62.0 61.3 51.8 57.6 59.8 64.4 63.7 62.8
Corps of Engineers-Civil Works 4.7 4.9 4.2 4.1 4.2 4.3 4.4 4.9 4.2 4.1 4.2 4.3 4.4
Other Defense Civil Programs 34.2 35.5 40.9 40.9 40.8 40.7 40.6 35.5 40.9 40.9 40.8 40.7 40.6
Environmental Protection Agency 7.4 7.7 8.0 8.0 8.0 8.0 8.0 7.7 8.0 8.0 8.0 8.0 7.9
Executive Office of the President 0.2 0.5 0.3 0.3 0.3 0.3 0.4 0.5 0.3 0.3 0.3 0.3 0.4
Federal Emergency Management Agency 4.4 5.8 7.5 7.5 8.1 6.8 6.4 5.6 8.9 8.5 8.4 7.1 6.6
General Services Administration -* 0.6 -0.1 0.3 0.5 0.5 0.4 0.6 -* 0.3 0.5 0.5 0.4
International Assistance Programs 11.8 13.3 13.0 13.3 13.5 13.9 14.3 14.3 13.2 13.3 13.5 13.9 14.3
National Aeronautics and Space Administration 14.1 14.4 14.8 15.2 15.7 16.1 16.5 14.4 14.8 15.2 15.7 16.1 16.5
National Science Foundation 3.7 4.6 4.9 5.0 5.2 5.2 5.4 4.6 4.9 5.0 5.2 5.2 5.4
Office of Personnel Management 50.9 54.3 57.5 61.1 64.9 68.5 71.8 54.3 57.5 61.1 64.9 68.5 71.8
Small Business Administration -0.6 1.1 0.6 0.7 0.8 0.8 0.8 1.1 0.6 0.7 0.8 0.8 0.8
Social Security Administration 461.8 492.4 509.4 530.3 558.3 583.7 611.4 489.1 509.0 532.3 557.9 580.9 607.3
Other Independent Agencies 13.8 19.8 16.9 18.1 17.0 16.5 17.4 19.2 16.2 17.8 16.8 16.6 17.4
Allowances .......... 27.0 6.4 0.8 -0.5 -0.3 -0.4 .......... -1.6 -0.7 -0.5 -0.3 -0.4
Undistributed Offsetting Receipts -191.1 -197.6 -214.4 -243.3 -254.2 -264.0 -277.6 -198.4 -215.3 -239.1 -256.0 -264.5 -279.4
    Total 1,863.9 2,052.3 2,128.2 2,189.1 2,276.9 2,369.1 2,467.7 2,032.5 2,138.2 2,216.9 2,297.9 2,390.1 2,482.9
  * $50 million or less.

Table 16. OUTLAYS BY FUNCTION
(In billions of dollars)
  2001  Actual February estimates
 Mid-Session estimates
2002 2003 2004 2005 2006 2007 2002 2003 2004 2005 2006 2007
National defense 305.5 344.8 375.5 389.1 408.7 423.5 437.2 353.4 378.6 390.4 409.0 423.6 437.2
International affairs 16.5 23.4 22.3 22.7 23.2 23.8 24.5 24.8 22.5 22.8 23.2 23.8 24.5
General science, space, and technology 19.8 21.6 22.0 22.7 23.4 23.9 24.5 21.6 22.1 22.7 23.4 23.9 24.5
Energy * 0.5 0.5 0.3 0.8 0.6 0.6 0.4 0.5 0.3 0.8 0.6 0.6
Natural resources and environment 25.6 29.5 29.8 30.4 30.9 31.7 32.1 29.4 29.9 30.6 31.4 32.5 33.1
Agriculture 26.4 28.7 24.1 22.7 21.1 20.2 20.1 25.9 28.7 26.8 24.0 21.5 18.6
Commerce and housing credit 5.9 3.6 3.5 4.9 3.0 1.0 1.6 1.7 3.0 4.6 2.8 1.2 1.6
Transportation 54.4 61.3 59.5 56.4 56.1 57.1 58.8 65.4 60.6 57.4 57.2 58.1 59.8
Community and regional development 11.9 15.3 17.3 17.9 17.3 15.5 15.3 15.3 19.4 18.9 17.8 16.0 15.6
Education, training, employment, and social services 57.1 71.5 78.9 80.9 82.5 84.1 85.9 72.5 81.3 81.9 82.8 83.9 85.8
Health 172.3 194.8 220.6 241.1 258.9 277.0 296.9 197.1 222.8 245.1 263.8 282.7 302.8
Medicare 217.4 226.3 234.3 244.2 261.2 281.7 305.7 226.4 235.9 246.0 264.2 286.1 310.7
Income security 269.6 310.6 318.4 323.6 332.9 343.7 351.1 313.7 318.7 322.3 333.2 344.5 350.9
Social Security 433.0 459.5 475.8 495.5 519.5 546.0 575.1 456.4 477.2 498.2 518.8 542.6 570.4
Veterans benefits and services 45.0 50.7 55.7 57.7 62.3 62.0 61.4 51.9 57.6 59.9 64.4 63.8 62.9
Administration of justice 29.7 33.6 39.7 42.6 38.6 38.8 39.6 33.8 39.0 43.2 38.9 39.0 39.7
General government 14.6 17.7 17.0 19.0 17.9 18.3 18.5 18.2 17.3 18.9 17.8 18.2 18.4
Net interest 206.2 178.4 180.7 188.8 190.2 188.3 185.3 171.4 179.7 195.9 198.4 196.6 193.9
Allowances .......... 27.0 6.4 0.8 -0.5 -0.3 -0.4 .......... -1.6 -0.7 -0.5 -0.3 -0.4
Undistributed offsetting receipts -47.0 -46.5 -53.7 -72.1 -71.1 -67.8 -66.1 -46.7 -54.9 -68.4 -73.4 -68.2 -67.5
    Total 1,863.9 2,052.3 2,128.2 2,189.1 2,276.9 2,369.1 2,467.7 2,032.5 2,138.2 2,216.9 2,297.9 2,390.1 2,482.9
  * $50 million or less.

Table 17. ESTIMATED SPENDING FROM 2003 BALANCES OF BUDGET AUTHORITY: DISCRETIONARY PROGRAMS 1
(In billions of dollars)
  Total
Total balances, end of 2003 859.1
Spending from 2003 balances:
    2004 328.4
    2005 179.4
    2006 111.5
    2007 76.4
Expiring balances, 2004 through 2007 ..........
Unexpended balances at the end of 2007 163.4
  1 Required by section 221(b) of the Legislative Reorganization Act of 1970.

Table 18. BASELINE CATEGORY TOTALS
(In billions of dollars)
  2002 2003 2004 2005 2006 2007 2003–2007
Outlays:
    Discretionary:
        Defense 332 344 354 366 372 378 1,814
        Nondefense 379 396 409 416 424 434 2,079
    Subtotal, discretionary 711 740 763 782 796 812 3,893
    Emergency response fund 22 10 5 2 * * 17
    Mandatory:
        Social Security 453 473 494 515 538 566 2,587
        Medicare 223 231 239 255 265 284 1,274
        Medicaid 147 161 174 190 207 224 955
        Other mandatory 291 304 296 298 310 313 1,520
    Subtotal, mandatory 1,114 1,168 1,203 1,258 1,320 1,388 6,336
    Net interest 171 178 192 191 185 176 922
Total Outlays 2,018 2,097 2,163 2,232 2,301 2,376 11,168
Receipts 1,868 2,035 2,180 2,369 2,475 2,595 11,653
Surplus -150 -62 17 137 174 219 485
    On-budget surplus -308 -235 -171 -82 -63 -36 -587
    Off-budget surplus 157 173 189 219 237 255 1,072
  * $500 million or less.

Table 19. OUTLAYS FOR MANDATORY PROGRAMS UNDER CURRENT LAW 1
(In billions of dollars)
  2001 Actual Estimate
2002 2003 2004 2005 2006 2007
Human resources programs:
    Education, training, employment and social services 2.9 8.1 9.8 8.4 8.2 8.1 8.0
    Health 139.1 157.2 177.5 192.2 208.5 226.4 245.5
    Medicare 214.1 222.8 230.5 239.0 255.4 264.7 284.3
    Income security 225.6 265.6 270.0 272.2 283.0 292.6 298.6
    Social security 429.4 452.7 473.2 494.3 514.7 538.5 566.2
    Veterans' benefits and services 22.6 28.0 32.2 34.0 38.0 36.9 35.4
    Subtotal, human resources programs 1,033.7 1,134.3 1,193.1 1,240.1 1,307.8 1,367.3 1,437.9
Other mandatory programs:
    International affairs -6.0 -3.4 -3.1 -3.1 -3.1 -3.1 -3.0
    Energy -2.9 -2.9 -3.0 -3.4 -3.4 -3.2 -3.2
    Natural Resources and Environment -0.3 0.6 1.2 2.0 2.5 3.1 3.3
    Agriculture 21.3 19.9 23.2 21.2 18.4 15.9 12.8
    Commerce and housing credit 4.4 1.4 3.3 4.9 3.4 2.2 1.6
    Transportation 4.3 6.5 3.2 2.0 1.9 1.9 1.9
    Justice 0.3 1.0 4.5 4.7 2.7 2.6 2.6
    General Government 1.6 2.3 1.6 1.7 1.6 1.6 1.6
    Undistributed offsetting receipts -47.0 -46.7 -54.9 -66.0 -73.4 -68.0 -67.0
    Other functions -1.0 0.6 -0.8 -0.6 -0.7 -0.7 -0.8
    Subtotal, other mandatory programs -25.3 -20.7 -24.9 -36.7 -50.1 -47.8 -50.2
        Total, outlays for mandatory programs under current law 1,008.4 1,113.6 1,168.2 1,203.4 1,257.7 1,319.5 1,387.7
  1 This table meets the requirements of Section 221(b) of the Legislative Reorganization Act of 1970.

Table 20. FEDERAL GOVERNMENT FINANCING AND DEBT
(In billions of dollars)
  2001 Actual Estimate
2002 2003 2004 2005 2006 2007
Financing:
    Unified budget surplus (+)/ deficit (-) 127 -165 -109 -48 53 60 84
    Financing other than the change in debt held by the public:
        Premiums paid (-) on buybacks of Treasury securities 1 -11 -4 .......... .......... .......... .......... ..........
        Net purchases (-) of non-Federal securities by the National Railroad Retirement Investment Trust .......... -6 -11 -* * * *
        Changes in: 2
          Treasury operating cash balance 8 -6 -5 .......... .......... -5 ..........
          Checks outstanding, deposit funds, etc. 3 -13 -12 10 .......... .......... .......... ..........
        Seigniorage on coins 1 1 1 1 1 1 1
        Less: Net financing disbursements:
          Direct loan financing accounts -19 -15 -15 -15 -15 -15 -15
          Guaranteed loan financing accounts -4 -2 3 3 4 5 5
        Total, financing other than the change in debt held by the public -37 -44 -17 -11 -9 -14 -8
          Total, amount available to repay debt held by the public 90 -209 -126 -58 44 47 76
    Change in debt held by the public -90 209 126 58 -44 -47 -76
Debt Subject to Statutory Limitation, End of Year:
    Debt issued by Treasury 5,743 6,155 6,535 6,897 7,195 7,506 7,805
    Adjustment for Treasury debt not subject to limitation and agency debt subject to limitation 4 -15 -15 -15 -15 -15 -15 -15
    Adjustment for discount and premium 5 5 5 5 5 5 5 5
        Total, debt subject to statutory limitation 6 5,733 6,145 6,524 6,887 7,184 7,496 7,795
Debt Outstanding, End of Year:
    Gross Federal debt: 7
        Debt issued by Treasury 5,743 6,155 6,535 6,897 7,195 7,506 7,805
        Debt issued by other agencies 27 27 26 26 24 24 23
          Total, gross Federal debt 5,770 6,182 6,561 6,923 7,219 7,530 7,828
    Held by:
        Debt securities held by Government accounts 2,450 2,654 2,906 3,210 3,550 3,908 4,282
        Debt securities held by the public 8 3,320 3,529 3,655 3,713 3,669 3,622 3,546
  *  $500 million or less
  1 Includes only premiums paid on buybacks through April 2002. Estimates are not made for subsequent buybacks.
  2 A decrease in the Treasury operating cash balance (which is an asset) would be a means of financing a deficit and therefore has a positive sign. An increase in checks outstanding or deposit fund balances (which are liabilities) would also be a means of financing a deficit and therefore would also have a positive sign.
  3 Besides checks outstanding and deposit funds, includes accrued interest payable on Treasury debt, miscellaneous liability accounts, allocations of special drawing rights, and, as an offset, cash and monetary assets other than the Treasury operating cash balance, miscellaneous asset accounts, and profit on sale of gold.
  4 Consists primarily of Federal Financing Bank debt.
  5 Consists of unamortized discount (less premium) on public issues of Treasury notes and bonds (other than zero-coupon bonds) and unrealized discount on Government account series securities.
  6 The statutory debt limit is $6,400 billion.
  7 Treasury securities held by the public and zero-coupon bonds held by Government accounts are almost all measured at sales price plus amortized discount or less amortized premium. Agency debt securities are almost all measured at face value. Treasury securities in the Government account series are measured at face value less unrealized discount (if any).
  8 At the end of 2001, the Federal Reserve Banks held $534.1 billion of Federal securities and the rest of the public held $2,785.9 billion. Debt held by the Federal Reserve Banks is not estimated for future years.
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