The 2006 United States Federal Budget began as a proposal by President George W. Bush to fund government operations for October 1, 2005 â September 30, 2006. The requested budget was submitted to the 109th Congress on February 7, 2005.
The government was initially funded through a series of three temporary continuing resolutions. Final funding for the government was enacted as several appropriations bills enacted between August 2 and December 30, 2005. As of 2018, this is the last fiscal year to be funded without the use of an omnibus spending bill or full-year continuing resolution.
Congressional action
Enacted Appropriations
Source
Total Receipts
Receipts by source: (in billions of dollars)
Total Spending
The President's budget for 2006 totals $2.7 trillion. This budget request is broken down by the following expenditures:
- $544.8 billion (20.90%) - Social Security
- $512.1 billion (18.00%) - Defense
- $359.5 billion (13.79%) - Unemployment and welfare
- $345.7 billion (13.26%) - Medicare
- $268.4 billion (10.30%) - Medicaid and other health related
- $211.1 billion (8.10%) - Interest on debt
- $88.7 billion (3.40%) - Education and training
- $70.7 billion (2.71%) - Transportation
- $68.4 billion (2.62%) - Veterans' benefits
- $43.1 billion (1.65%) - Administration of justice
- $38.4 billion (1.47%) - Foreign affairs
- $31.2 billion (1.20%) - Natural resources and environment
- $26.0 billion (1.00%) - Agriculture
- $24.0 billion (0.92%) - Science and technology
- $19.1 billion (0.73%) - Community and regional development
- $17.8 billion (0.68%) - General government
- $23.4 billion - Energy
Adjustments
- -$698 billion (2.68%) - Undistributed offsetting receipts
2006 Deficit Estimate
(The amount that government spending exceeds total receipts)
See also
References
External links