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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 ...
The Consolidated Appropriations Act, 2016 (H.R. 2029, Pub. L. 114–113 (text)), also known as the 2016 omnibus spending bill, is the United States appropriations legislation passed during the 114th Congress which provides spending permission to a number of federal agencies for the fiscal year of 2016.
The U.S. budget deficit is expected to grow to $590 billion in fiscal year 2016 due to slower than expected growth in revenues and higher spending for programs including Social Security and ...
Primary receipt categories included individual income taxes ($1,587B or 48% of total receipts), Social Security/Social Insurance taxes ($1,162B or 35%), and corporate taxes ($297B or 9%). Other revenue types included excise, estate and gift taxes. FY 2017 revenues were 17.3% of gross domestic product (GDP), versus 17.7% in FY 2016. Tax revenues ...
In fiscal year (FY) 1965, mandatory spending accounted for 5.7 percent of gross domestic product (GDP). [4] In FY 2016, mandatory spending accounted for about 60 percent of the federal budget and over 13 percent of GDP. [5] Mandatory spending received $2.4 trillion of the total $3.9 trillion of federal spending in 2016. [5]
The Congressional Budget Office projected a $534 billion deficit in fiscal year 2016, or 2.9 percent of GDP. If current policy remains unchanged, the CBO projects the deficit will increase to 4.9 percent of GDP by 2026, or a cumulative total of $9.3 trillion over the period. [ 20 ]
A fiscal year (also known as a financial year, or sometimes budget year) ... The Companies Act 2016 does not state when the fiscal year must start for companies, ...
Making further continuing appropriations for fiscal year 2015, and for other purposes. H.J.Res. 131: Dec 16, 2014 Sep 30, 2015 Omnibus bill Consolidated and Further Continuing Appropriations Act, 2015 H.R. 83: 2016 United States federal budget: Oct 1, 2015 Dec 11, 2015 Continuing resolution Continuing Appropriations Resolution, 2016 H.R. 719