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Colorado Libertarians Message Board › U.S. Budget Receipts and Outlays 2003

U.S. Budget Receipts and Outlays 2003

A former member
Post #: 39
Here is a breakdown of government spending and where our taxes went in 2003. It is listed in The World Almanac and Book of Facts. The dollar amounts are in millions.


Net Receipts 2003

Individual income taxes $789,972
Corporate income taxes $125,308
Total social insurance taxes $726,593
Excise taxes $67,085
Estate and gift taxes $21,962
Customs duties $20,023
Deposits of earnings by federal reserve banks $23,565
Miscelleneous receipts $11,144

Net Budget Receipts $1,783,000

Net Outlays 2003
Legislative branch $3,926
The Judiciary $5,109
White House Office $1,324

International Assistance $16,732

Agricultural Department $76,995

Bureau of the Census $6,079

Defense and military spending $408,578

Department of Civil Defense $40,159

Education $59,693

Energy Department $19,493

Health and Human Services(including Medicare and the FDA) $508,405

Homeland Security $35,845

Housing and Urban Development $38,048

Interior Department $10,385

Total Justic Department(including FBI and the prison system) $21,459

Labor Department $70,700

State Department $11,009

Treasury Department(including IRS) $373,647

Veterans' Affairs $58,300

Environmental Protection Agency $8,051

General Services Administration $1,011

NASA $14,798

Office of Personnel Management $55,794

Small Business Administration $1,567

Social Security Administration $508,676

Net Budget outlays including these and other independent agencies $2,157,000

So there you have it. If you are going to talk to people about taxes, print this out or find the Almanac and talk to people about where their money is going and how many of these things they authorized!
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