The 2008 United States Federal Budget began as a proposal by

President George W. Bush George Walker Bush (born July 6, 1946) is an American politician who served as the 43rd president of the United States from 2001 to 2009. A member of the Republican Party, Bush family, and son of the 41st president George H. W. Bush, he ...

to fund government operations for October 1, 2007 – September 30, 2008. The requested budget was submitted to the

110th Congress The 110th United States Congress was a meeting of the legislative branch of the United States federal government, between January 3, 2007, and January 3, 2009, during the last two years of the Presidency of George W. Bush. It was composed of ...

on February 5, 2007. The government was initially funded through a series of four temporary continuing resolutions. Final funding for the

Department of Defense Department of Defence or Department of Defense may refer to: Current departments of defence * Department of Defence (Australia) * Department of National Defence (Canada) * Department of Defence (Ireland) * Department of National Defense (Philippin ...

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.

Total receipts

Receipts by source: ''(in billions of dollars)''

Total spending

The President's budget for 2008 totals $2.9 trillion. Percentages in parentheses indicate percentage change compared to 2007. This budget request is broken down by the following expenditures: *Mandatory spending: $1.788 trillion (+4.2%) **$608 billion (+4.5%) –

Social Security Welfare, or commonly social welfare, is a type of government support intended to ensure that members of a society can meet basic human needs such as food and shelter. Social security may either be synonymous with welfare, or refer specificall ...

**$386 billion (+5.2%) – Medicare **$209 billion (+5.6%) –

Medicaid Medicaid in the United States is a federal and state program that helps with healthcare costs for some people with limited income and resources. Medicaid also offers benefits not normally covered by Medicare, including nursing home care and pers ...

and the

State Children's Health Insurance Program The Children's Health Insurance Program (CHIP) – formerly known as the State Children's Health Insurance Program (SCHIP) – is a program administered by the United States Department of Health and Human Services that provides matching funds to ...

(SCHIP) **$324 billion (+1.8%) – Unemployment/Welfare/Other mandatory spending **$261 billion (+9.2%) – Interest on National Debt *Discretionary spending: $1.114 trillion (+3.1%) **$481.4 billion (+12.1%) –

**$145.2 billion (+45.8%) –

Global War on Terror The war on terror, officially the Global War on Terrorism (GWOT), is an ongoing international counterterrorism military campaign initiated by the United States following the September 11 attacks. The main targets of the campaign are militant I ...

**$69.3 billion (+0.3%) – Department of Health and Human Services **$56.0 billion (+0.0%) – Department of Education **$39.4 billion (+18.7%) – Department of Veterans Affairs **$35.2 billion (+1.4%) –

Department of Housing and Urban Development The United States Department of Housing and Urban Development (HUD) is one of the executive departments of the U.S. federal government. It administers federal housing and urban development laws. It is headed by the Secretary of Housing and Urb ...

**$35.0 billion (+22.0%) –

Department of State The United States Department of State (DOS), or State Department, is an executive department of the U.S. federal government responsible for the country's foreign policy and relations. Equivalent to the ministry of foreign affairs of other nati ...

and Other International Programs **$34.3 billion (+7.2%) –

Department of Homeland Security The United States Department of Homeland Security (DHS) is the U.S. federal executive department responsible for public security, roughly comparable to the interior or home ministries of other countries. Its stated missions involve anti-terr ...

**$24.3 billion (+6.6%) – Department of Energy **$20.2 billion (+4.1%) – Department of Justice **$20.2 billion (+3.1%) –

Department of Agriculture An agriculture ministry (also called an) agriculture department, agriculture board, agriculture council, or agriculture agency, or ministry of rural development) is a ministry charged with agriculture. The ministry is often headed by a minister f ...

**$17.3 billion (+6.8%) –

National Aeronautics and Space Administration The National Aeronautics and Space Administration (NASA ) is an independent agency of the US federal government responsible for the civil space program, aeronautics research, and space research. NASA was established in 1958, succeeding th ...

**$12.1 billion (+13.1%) – Department of Transportation **$12.1 billion (+6.1%) – Department of the Treasury **$10.6 billion (+2.9%) –

Department of the Interior The United States Department of the Interior (DOI) is one of the executive departments of the U.S. federal government headquartered at the Main Interior Building, located at 1849 C Street NW in Washington, D.C. It is responsible for the mana ...

**$10.6 billion (-9.4%) –

Department of Labor The Ministry of Labour ('' UK''), or Labor ('' US''), also known as the Department of Labour, or Labor, is a government department responsible for setting labour standards, labour dispute mechanisms, employment, workforce participation, training, a ...

**$51.8 billion (+9.7%) – Other On-budget Discretionary Spending **$39.0 billion – Other Off-budget Discretionary Spending The

Iraq War {{Infobox military conflict , conflict = Iraq War {{Nobold, {{lang, ar, حرب العراق (Arabic) {{Nobold, {{lang, ku, شەڕی عێراق (Kurdish languages, Kurdish) , partof = the Iraq conflict (2003–present), I ...

and the War in Afghanistan are ''not'' included in the regular budget. Instead they are funded through special appropriations.Backgrounder: Iraq, Afghanistan, and the U.S. Economy
/ref>

Deficit

With projected receipts significantly less than projected outlays, the budget proposed by President Bush predicts a net deficit of approximately 240 billion dollars. The actual deficit was 454.8 billion.

References

External links

Status of Appropriations Legislation for Fiscal Year 2008''The President's Budget of the United States Government,'' FY 1996 -- present
{{US federal budget

2008 File:2008 Events Collage.png, From left, clockwise: Lehman Brothers went bankrupt following the Subprime mortgage crisis; Cyclone Nargis killed more than 138,000 in Myanmar; A scene from the opening ceremony of the 2008 Summer Olympics in Beijing; ...

2008 in American politics United States federal budget