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Summary Tables

Table S-1. Budget Totals
200220032004200520062007
In billions of dollars:
Outlays2,0522,1282,1892,2772,3692,468
Receipts1,9462,0482,1752,3382,4552,572
Deficit/surplus-106-80-146186104
Debt held by the public3,4773,5703,6003,5483,4703,379
As a percent of GDP:
Outlays19.819.519.018.718.518.3
Receipts18.818.818.919.219.219.1
Deficit/surplus-1.0-0.7-0.10.50.70.8
Debt held by the public33.632.731.229.227.125.1

Table S-2. Budget Summary by Category
(In billions of dollars)
200220032004200520062007Total
2003-20072003-2012
Outlays:
Discretionary:
Defense3363683904124284422,0414,531
Non-defense3824054184234294372,1124,454
Subtotal, discretionary7187738088358578804,1538,984
Emergency Response Fund2216731*2727
Mandatory:
Social Security4564724915155425712,5916,001
Medicare2232312412572783021,3083,141
Medicaid1451591701842002179302,315
Other mandatory3102972832913033131,4883,243
Subtotal, mandatory1,1331,1591,1851,2481,3231,4026,31814,700
Net interest1781811891901881859331,767
Total Outlays2,0522,1282,1892,2772,3692,46811,43125,478
Receipts1,9462,0482,1752,3382,4552,57211,58826,481
Unified Surplus-106-80-1461861041571,002
On-budget surplus-262-259-208-156-142-139-904-1,464
Off-budget surplus1551791952172282431,0612,466
* $500 million or less

Table S-3. Impact of Budget Policy on the Surplus
(In billions of dollars)
200320042005Total
2003-2007
Current baseline surplus51109169764
Budget proposals:
Defense and homeland security-31-38-45-224
Strengthening Medicare-2-3-5-50
Farm bill reauthorization-7-7-7-34
Provide incentives for charitable giving-2-2-3-15
Health tax credits-1-7-9-36
Reform unemployment-1-1-3-18
Extend expiring tax provisions-3-3-5-26
Other proposals-61-4-20
Related debt service-1-4-7-43
Subtotal, budget proposals -54-65-88-466
Budget surplus/deficit, pre-economic security plan-34381298
Bipartisan economic security plan-77-57-20-141
Budget surplus/deficit, including economic security plan-80-1461157

Table S-4. Discretionary Totals
(Budget authority; dollar amounts in billions)
2001 2002 2003 Change
2002-2003
DeltaPercent
Discretionary budget authority:
Homeland security10 12 25 13111
Department of Defense303 328 366 3812
Other operations of government330 348 355 72
Total, discretionary budget authority1643688 2746599
Adjustments, contingent upon adoption of proposal:
Full funding of federal employee retirement costs8 9 9
Total, including contingent adjustments651 696 755
Emergency Response Fund:
War on terrorism13 3 10
Homeland security3 8 --
Other September 11th response5 9 --
Total, Emergency Response Fund202010
1 Excludes budget authority associated with the mass transit budget category.
2 Includes a $1.7 billion upward adjustment, from the 2002 appropriated level, for discretionary spending offset by mandatory savings enacted in appropriations bills.

Table S-5. Homeland Security
(Budget authority in billions of dollars)
200120022003
Total, Homeland Security16.019.537.7
Supporting first responders0.30.33.5
Defending against biological terrorism1.41.45.9
Securing our borders7.68.810.6
Sharing information and using information technology to secure the homeland0.10.20.7
Aviation security0.41.54.8
Other homeland security6.37.412.2
Defense and mandatory/fee funded programs included above:
Department of Defense (DoD)-4.0-4.7-7.8
Mandatory/fee funded-1.5-2.9-4.7
Total, Homeland Security, non-DoD discretionary10.511.9 25.2
Emergency Response Fund 2.5 8.1 --

Table S-6. Year-to-Year Percentage Growth in Discretionary Budget Authority
1998 1999 2000 2001 2002 Average
Agency to to to to to Growth
1999 2000 2001 2002 2003 1998-2003
Agriculture 4 4 13 * * 4
Commerce 1 29 61 -41 2 * 4
Defense 6 5 5 8 12 7
Education 2 -3 2 37 24 1 11
Energy 7 -1 13 4 5 5
Health and Human Services 12 9 19 10 9 12
Housing and Urban Development 3 12 -6 34 4 7 9
Interior -1 6 21 * * 5
State and International Assistance Programs 4 23 2 -4 7 4 6
Justice 5 2 13 1 -1 4
Labor 3 -20 36 2 -7 1
Transportation -14 13 28 -7 19 6
Treasury 12 -2 16 5 5 7
Veterans Affairs 2 9 7 6 7 6
Corps of Engineers -2 1 14 -4 -10 -1
Environmental Protection Agency Operating Program 5 1 9 1 2 4
Federal Emergency Management Agency 18 37 -38 26 114 22
National Aeronautics and Space Administration * * 5 4 1 2
National Science Foundation 7 6 13 8 5 8
Small Business Administration 16 7 1 -15 2 2
Social Security Administration * 2 8 6 5 4
Smithsonian Institution 2 6 4 9 6 6
Total (excludes full funding of federal employee retirement costs and Emergency Response Fund) 6 4 10 7 9 7
* 0.5 percent or less
1 2000 Commerce data includes funding for Census 2000.
2 2002 funding includes a $1.3 billion supplemental proposal for Pell Grants.
3 1998 and 1999 have been adjusted for reclassification of Federal Housing Administration receipts.
4 International Affairs Program totals do not include P.L. 480 Title II food aid, which is included in the totals for Agriculture; 1999 data is also adjusted to remove $18.2 billion in one-time funding for the International Monetary Fund.

Table S-7. Discretionary Budget Authority by Agency
(In billions of dollars)
Agency 2001 Actual Estimates Change:
2002 2003 2002-2003
Legislative Branch 2.9 3.1 3.5 0.4
Judicial Branch 4.1 4.4 5.1 0.6
Agriculture 19.8 19.8 19.8 -*
Commerce 5.2 5.3 5.3 *
Defense-Military 305.6 330.8 369.3 38.4
Education 40.1 49.8 1 50.3 0.5
Energy 20.2 21.0 21.9 1.0
Health and Human Services 54.5 59.8 65.3 5.5
Housing and Urban Development 28.4 29.5 31.5 2.0
Interior 10.5 10.5 10.5 *
Justice 21.6 21.9 21.8 -0.1
Labor 12.0 12.3 11.4 -0.9
State 7.8 8.9 9.2 0.4
Transportation 18.0 16.6 19.8 3.2
Treasury 15.1 15.8 16.6 0.8
Veterans Affairs 23.2 24.7 26.4 1.8
Corps of Engineers 4.8 4.6 4.1 -0.5
Other Defense Civil Programs 0.1 0.2 0.2 -*
Environmental Protection Agency 7.9 8.0 7.7 -0.3
Operating program (3.9) (3.9) (4.0) (0.1)
Executive Office of the President 0.3 0.3 0.3 0.1
Federal Emergency Management Agency 2.4 3.1 6.6 3.5
General Services Administration 0.5 0.6 0.6 -*
International Assistance Programs 12.6 13.1 13.9 0.7
National Aeronautics and Space Administration 14.4 14.9 15.1 0.2
National Science Foundation 4.4 4.8 5.0 0.2
Office of Personnel Management 0.2 0.2 0.3 *
Small Business Administration 0.9 0.8 0.8 *
Social Security Administration 6.3 6.7 7.0 0.3
Other Independent Agencies 6.8 6.3 6.3 *
Allowances -- -1.3 -0.4 0.9
Subtotal 650.7 696.5 755.4 59.0
Remove contingent adjustment for full funding of federal employee retirement costs -8.1 -8.5 -9.0 -0.4
Total 642.6 687.9 2 746.5 58.5
Emergency Response Fund 20.0 20.0 10.0 -10.0
* $50 million or less
1 Includes a $1.3 billion supplemental proposal for Pell Grants.
2 Includes a $1.7 billion upward adjustment, from the 2002 appropriated level, for discretionary spending offset by mandatory savings enacted in appropriations bills.

Table S-8. Discretionary Proposals By Appropriations Subcommittee
(Budget authority in billions of dollars)
Appropriations Subcommittee 2001
Actual		 2002
Estimate		 2003
Proposed		 Change:
2002-2003
Agriculture and Rural Development 16.7 16.9 17.2 0.3
Commerce, Justice, State, and the Judiciary 39.7 40.5 41.2 0.7
Defense 296.6 320.5 360.4 40.0
District of Columbia 0.5 0.4 0.4 *
Energy and Water Development 24.4 24.8 25.3 0.5
Foreign Operations 14.6 15.5 16.1 0.7
Interior and Related Agencies 19.5 19.6 19.5 -0.1
Labor, Health and Human Services, and Education 110.5 124.6 131.2 6.6
Legislative 2.8 3.1 3.5 0.4
Military Construction 9.1 10.5 9.0 -1.6
Transportation and Related Agencies 17.8 16.4 19.7 3.3
Treasury and General Government 16.7 17.9 18.7 0.9
Veterans Affairs, Housing and Urban Development 81.7 85.8 93.5 7.7
Allowances -- -- -0.4 -0.4
Total with full funding of federal employee retirement costs 650.7 696.5 755.4 59.0
Remove full funding of federal employee retirement costs -8.1 -8.5 -9.0 -0.4
Total 642.6 687.9 1 746.5 58.5
Emergency Response Fund 20.0 20.0 10.0 -10.0
*$50 million or less
1 Includes a $1.7 billion upward adjustment, from the 2002 appropriated level, for discretionary spending offset by mandatory savings enacted in appropriations bills.

Table S-9. Mandatory Proposals
(In millions of dollars)
2002 2003 2004 2005 2006 2007 Total
2003-2007 2003-2012
Strengthening Medicare -- 1,680 3,375 5,068 17,485 22,497 50,105 190,159
Farm Bill 1 4,200 7,271 7,019 6,688 6,727 6,774 34,479 67,576
Bipartisan Economic Security Plan 2 27,000 8,000 1,500 -- -- -- 9,500 9,500
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 -- 46 314 270 340 387 1,358 3,069
Food Stamps reauthorization -- 29 148 262 329 355 1,123 4,191
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 -7 -13 -19 -41 -262
Medicaid savings -- -- -3 -11 -25 -43 -82 -641
Subtotal, SSI -- -- -5 -18 -38 -62 -123 -903
Subtotal, excluding Food Stamps reauthorization -- -20 256 270 356 375 1,238 2,352
Total, welfare reform -- 9 404 532 685 730 2,361 6,543
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 -- -- -- 319 1,929 3,072 5,320 21,812
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 -- -3 -4 -6 -5 -5 -23 -46
Redirect H-1B training -- 80 -15 -48 -17 -- -- --
Treasury:
Outlay effect of refundable tax credits -- 832 5,634 6,991 7,535 7,654 28,646 74,300
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:
Shift spectrum auction deadlines:
Spectrum receipts -- 4,000 -3,300 -2,700 -4,700 -- -6,700 -6,700
Spectrum relocation -- 50 -50 -- -- -- -- --
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
Impact of accrual accounting -- -34 -23 198 420 618 1,179 7,686
Total, mandatory proposals 31,200 22,213 13,102 16,927 28,800 39,358 120,400 352,906
1 Excludes Food Stamps reauthorization of $4,191 million over 10 years shown under the welfare reform and the receipt effect of FFARRM account tax incentives of $1,233 million over 10 years shown in Table S-10.
2 Affects both receipts and outlays. Only the outlay effect is shown here. The receipt effect is -$62,000 million for 2002, -$65,000 million for 2003, -$47,000 million for 2004, -$9,500 million for 2005, $17,000 million for 2006, $18,000 million for 2007, -$87,000 million for 2003-2007, and -$43,500 million for 2003-2012.

Table S-10. Effect of Proposals on Receipts
(In millions of dollars)
2002 2003 2004 2005 2006 2007 Total
2003-2007 2003-2012
Bipartisan Economic Security Plan 1 -62,000 -65,000 -47,500 -9,500 17,000 18,000 -87,000 -43,500
Tax Incentives:
Provide incentives for charitable giving:
Provide charitable contribution deduction for nonitemizers -570 -1,429 -1,437 -2,288 -3,567 -3,591 -12,312 -32,636
Permit tax-free withdrawals from IRAs for charitable contributions -93 -192 -205 -219 -230 -238 -1,084 -2,632
Raise the cap on corporate charitable contributions -24 -169 -121 -127 -139 -156 -712 -1,730
Expand and increase the enhanced charitable deduction for contributions of food inventory -10 -49 -54 -59 -66 -72 -300 -789
Reform excise tax based on investment income of private foundations -122 -177 -181 -189 -198 -205 -950 -2,101
Modify tax on unrelated business taxable income of charitable remainder trusts -1 -3 -3 -4 -4 -4 -18 -48
Modify basis adjustment to stock of S corporations contributing appreciated property -8 -11 -13 -17 -21 -25 -87 -282
Allow expedited consideration of applications for exempt status 2 -- -- -- -- -- -- -- --
Strengthen and reform education:
Provide refundable tax credit for certain costs of attending a different school for pupils assigned to failing public schools 3 -- -10 -24 -38 -52 -62 -186 -219
Allow teachers to deduct out-of-pocket classroom expenses -- -- -16 -163 -191 -207 -577 -1,718
Invest in health care:
Provide refundable tax credit for the purchase of health insurance 4 -- -245 -1,689 -2,811 -2,774 -2,951 -10,470 -29,116
Provide an above-the-line deduction for long-term care insurance premiums -- -328 -406 -605 -1,222 -2,158 -4,719 -20,730
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 -- -- -43 -468 -530 -607 -1,648 -5,691
Provide an additional personal exemption to home caretakers of family members -- -314 -383 -362 -345 -348 -1,752 -3,957
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 -- -- -193 -306 -299 -289 -1,087 -2,390
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 -92 -227 -303 -212 -143 -146 -1,031 -1,779
Provide tax credit for residential solar energy systems -3 -6 -7 -8 -17 -24 -62 -72
Modify treatment of nuclear decommissioning funds -89 -156 -168 -178 -188 -199 -889 -2,042
Provide tax credit for purchase of certain hybrid and fuel cell vehicles -21 -80 -181 -349 -530 -763 -1,903 -3,027
Provide tax credit for energy produced from landfill gas -12 -34 -59 -86 -120 -140 -439 -1,130
Provide tax credit for combined heat and power property -97 -208 -235 -238 -296 -139 -1,116 -1,091
Provide excise tax exemption (credit) for ethanol 2 -- -- -- -- -- -- -- --
Promote trade:
Extend and expand Andean trade preferences 5 -130 -192 -213 -226 -58 -- -689 -689
Initiate a new trade preference program for Southeast Europe 5 -- -19 -23 -25 -7 -- -74 -74
Implement free trade agreements with Chile and Singapore 5 -- -21 -86 -109 -131 -155 -502 -1,560
Improve tax administration:
Implement IRS administrative reforms -- 60 49 50 52 54 265 559
Reform unemployment insurance:
Reform unemployment insurance administrative financing 5 -- -1,002 -1,451 -2,902 -2,982 -4,429 -12,766 -6,924
Expiring Provisions:
Extend provisions that expired in 2001 for two years:
Work opportunity tax credit -43 -153 -200 -127 -60 -29 -569 -576
Welfare-to-work tax credit -9 -37 -57 -48 -32 -22 -196 -209
Minimum tax relief for individuals -122 -353 -256 -- -- -- -609 -609
Exceptions provided under subpart F for certain active financing income -864 -1,502 -630 -- -- -- -2,132 -2,132
Suspension of net income limitation on percentage depletion from marginal oil and gas wells -25 -44 -18 -- -- -- -62 -62
Generalized System of Preferences (GSP) 5 -370 -415 -- -- -- -- -415 -415
Authority to issue qualified zone academy bonds -4 -13 -25 -35 -37 -37 -147 -332
Permanently extend expiring provisions:
Provisions expiring in 2010:
Marginal individual income tax rate reductions -- -- -- -- -- -- -- -183,769
Child tax credit 6 -- -- -- -- -- -- -- -31,697
Marriage penalty relief 7 -- -- -- -- -- -- -- -12,976
Education incentives -1 -5 -10 -15 -20 -26 -76 -2,810
Repeal of estate and generation-skipping transfer taxes, and modification of gift taxes 178 -550 -1,097 -1,485 -1,987 -2,178 -7,297 -103,659
Modifications of IRAs and pension plans -- -- -- -- -- -- -- -6,490
Other incentives for families and children -- -- -- -- -- -- -- -1,298
Research & Experimentation (R&E) tax credit -- -- -906 -2,949 -4,654 -5,623 -14,132 -51,051
Total budget proposals -64,532 -73,017 -59,130 -27,927 -6,034 -9,433 -175,541 -591,020
1 Affects both receipts and outlays. Only the receipt effect is shown here. The outlay effect is $27,000 million for 2002, $8,000 million for 2003, $1,500 million for 2004, $9,500 million for 2003-2007, and $9,500 million for 2003-2012.
2 Policy proposal with a receipt effect of zero.
3 Affects both receipts and outlays. Only the receipt effect is shown here. The outlay effect is $165 million for 2003, $449 million for 2004, $699 million for 2005, $975 million for 2006, $1,213 million for 2007, $3,501 million for 2003-2007, and $4,155 million for 2003-2012.
4 Affects both receipts and outlays. Only the receipt effect is shown here. The outlay effect is $677 million for 2003, $5,185 million for 2004, $6,292 million for 2005, $6,560 million for 2006, $6,441 million for 2007, $25,145 million for 2003-2007, and $59,873 million for 2003-2012.
5 Net of income offsets.
6 Affects both receipts and outlays. Only the receipt effect is shown here. The outlay effect is $8,745 million for 2003-2012.
7 Affects both receipts and outlays. Only the receipt effect is shown here. The outlay effect is $1,527 million for 2003-2012.

Table S-11. Receipts by Source--Summary
(In billions of dollars)
Source 2001 Actual Estimates
2002 2003 2004 2005 2006 2007
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
On-budget (186.4) (190.8) (203.9) (216.3) (227.0) (235.1) (243.0)
Off-budget (507.5) (517.2) (545.3) (573.5) (608.2) (633.7) (665.3)
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 receipts 1,991.0 1,946.1 2,048.1 2,175.4 2,338.0 2,455.3 2,571.7
On-budget (1,483.5) (1,428.9) (1,502.7) (1,601.9) (1,729.8) (1,821.6) (1,906.4)
Off-budget (507.5) (517.2) (545.3) (573.5) (608.2) (633.7) (665.3)

Table S-12. Budget Authority Totals by Function
(In billions of dollars)
Function 2001
Actual		 Estimates
2002 2003 2004 2005 2006 2007
National defense 329.0 350.7 396.8 405.6 426.6 447.7 469.8
International affairs 18.7 22.3 23.9 24.8 25.6 26.3 27.2
General science, space, and technology 21.1 22.2 22.7 23.3 23.8 24.4 25.0
Energy 0.2 0.6 0.5 0.4 0.9 0.7 0.7
Natural resources and environment 29.8 30.9 30.0 31.3 32.3 31.7 32.3
Agriculture 29.2 29.0 23.8 23.0 21.3 20.4 20.3
Commerce and housing credit 12.4 10.7 14.1 9.8 9.4 8.5 10.7
On-budget (8.4) (7.8) (8.9) (9.4) (8.9) (8.1) (9.5)
Off-budget (4.1) (2.8) (5.2) (0.4) (0.5) (0.4) (1.2)
Transportation 67.6 66.1 63.7 58.4 64.6 65.9 67.2
Community and regional development 13.9 18.5 14.7 15.4 15.5 15.9 16.2
Education, training, employment, and social services 63.7 79.6 80.9 81.8 84.0 85.9 87.9
Health 182.1 201.0 234.3 259.0 278.4 298.0 319.9
Medicare 217.2 230.3 234.5 244.1 261.4 282.0 305.5
Income security 273.4 306.2 319.3 326.6 336.3 347.5 356.7
Social Security 440.5 461.3 476.9 497.6 521.8 548.5 577.8
On-budget (11.7) (13.9) (14.3) (15.2) (16.1) (16.9) (18.0)
Off-budget (428.8) (447.4) (462.6) (482.5) (505.8) (531.6) (559.8)
Veterans benefits and services 48.4 51.8 56.6 58.8 60.9 63.1 65.2
Administration of justice 45.0 37.3 38.2 41.0 38.9 39.8 40.7
General government 16.6 17.7 17.8 19.5 18.7 19.2 19.4
Net interest 206.2 178.4 180.7 188.8 190.2 188.3 185.3
On-budget (275.0) (255.2) (264.5) (280.9) (291.2) (299.3) (307.4)
Off-budget (-68.8) (-76.8) (-83.8) (-92.0) (-101.0) (-111.0) (-122.1)
Allowances -- 25.7 7.6 1.1 -0.4 -0.4 -0.4
Undistributed offsetting receipts -55.2 -55.2 -74.1 -100.2 -100.4 -98.6 -98.4
On-budget (-47.3) (-45.9) (-64.6) (-89.9) (-89.4) (-86.8) (-86.0)
Off-budget (-7.9) (-9.2) (-9.6) (-10.2) (-11.0) (-11.7) (-12.4)
Total 1,959.7 2,085.0 2,162.9 2,210.2 2,309.7 2,414.7 2,529.0
On-budget (1,603.6) (1,720.9) (1,788.5) (1,829.6) (1,915.5) (2,005.4) (2,102.6)
Off-budget (356.2) (364.2) (374.4) (380.6) (394.2) (409.3) (426.4)

Table S-13. Outlay Totals by Function
(In billions of dollars)
Function 2001 Actual Estimates
2002 2003 2004 2005 2006 2007
National defense 308.5 348.0 379.0 393.8 413.5 428.5 442.5
International affairs 16.6 23.5 22.5 22.8 23.3 23.9 24.6
General science, space, and technology 19.9 21.8 22.2 22.8 23.5 24.0 24.6
Energy 0.1 0.6 0.6 0.3 0.8 0.7 0.7
Natural resources and environment 26.3 30.2 30.6 31.1 31.7 32.4 32.8
Agriculture 26.6 28.8 24.2 22.8 21.3 20.4 20.3
Commerce and housing credit 6.0 3.8 3.7 5.1 3.1 1.2 1.7
On-budget (3.7) (1.7) (5.1) (4.4) (3.3) (2.1) (2.5)
Off-budget (2.3) (2.0) (-1.4) (0.7) (-0.2) (-0.9) (-0.8)
Transportation 55.2 62.1 59.4 56.3 56.0 56.9 58.6
Community and regional development 12.0 15.4 17.4 18.0 17.4 15.6 15.4
Education, training, employment, and social services 57.3 71.7 79.0 81.0 82.7 84.2 86.1
Health 172.6 195.2 231.9 258.8 277.8 297.0 318.3
Medicare 217.5 226.4 234.4 244.3 261.3 281.8 305.8
Income security 269.8 310.7 319.7 325.0 334.3 345.2 352.7
Social Security 433.1 459.7 475.9 495.7 519.7 546.2 575.3
On-budget (11.7) (13.9) (14.3) (15.2) (16.1) (16.9) (18.0)
Off-budget (421.4) (445.7) (461.6) (480.5) (503.6) (529.3) (557.3)
Veterans benefits and services 45.8 51.5 56.6 58.6 63.2 62.9 62.3
Administration of justice 30.4 34.4 40.6 43.5 39.5 39.7 40.4
General government 15.2 18.3 17.6 19.6 18.6 19.0 19.2
Net interest 206.2 178.4 180.7 188.8 190.2 188.3 185.3
On-budget (275.0) (255.2) (264.5) (280.9) (291.2) (299.3) (307.4)
Off-budget (-68.8) (-76.8) (-83.8) (-92.0) (-101.0) (-111.0) (-122.1)
Allowances -- 27.0 6.4 0.8 -0.5 -0.3 -0.4
Undistributed offsetting receipts -55.2 -55.2 -74.1 -100.2 -100.4 -98.6 -98.4
On-budget (-47.3) (-45.9) (-64.6) (-89.9) (-89.4) (-86.8) (-86.0)
Off-budget (-7.9) (-9.2) (-9.6) (-10.2) (-11.0) (-11.7) (-12.4)
Total 1,863.9 2,052.3 2,128.2 2,189.1 2,276.9 2,369.1 2,467.7
On-budget (1,516.9) (1,690.6) (1,761.5) (1,810.1) (1,885.5) (1,963.4) (2,045.8)
Off-budget (347.0) (361.7) (366.8) (379.0) (391.4) (405.7) (421.9)

Table S-14. Comparison of Economic Assumptions
(Calendar years)
Projections Average
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2002-2012
Real GDP (billions of 1996 dollars):
CBO January 9,398 9,782 10,146 10,471 10,804 11,145 11,493 11,850 12,216 12,590 12,972
Blue Chip Consensus January 2 9,410 9,742 10,069 10,401 10,738 11,075 11,425 11,791 12,168 12,557 12,959
2003 Budget 9,382 9,739 10,101 10,462 10,802 11,136 11,482 11,838 12,204 12,583 12,973
Real GDP (chain-weighted): 1
CBO January 0.8 4.1 3.7 3.2 3.2 3.2 3.1 3.1 3.1 3.1 3.0 3.1
Blue Chip Consensus January 2 1.0 3.4 3.4 3.3 3.2 3.1 3.2 3.2 3.2 3.2 3.2 3.1
2003 Budget 0.7 3.8 3.7 3.6 3.2 3.1 3.1 3.1 3.1 3.1 3.1 3.1
Chain-weighted GDP Price Index: 1
CBO January 1.4 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 1.9
Blue Chip Consensus January 2 1.6 1.9 2.1 2.1 2.2 2.2 2.2 2.2 2.2 2.2 2.2 2.1
2003 Budget 2.0 1.8 1.7 1.8 1.9 1.9 1.9 1.9 1.9 1.9 1.9 1.9
Consumer Price Index (all-urban): 1
CBO January 1.8 2.5 2.5 2.5 2.5 2.5 2.5 2.5 2.5 2.5 2.5 2.4
Blue Chip Consensus January 2 1.7 2.4 2.6 2.7 2.7 2.7 2.6 2.6 2.6 2.6 2.6 2.5
2003 Budget 1.8 2.2 2.3 2.4 2.4 2.4 2.4 2.4 2.3 2.3 2.3 2.3
Unemployment rate: 3
CBO January 6.1 5.9 5.4 5.2 5.2 5.2 5.2 5.2 5.2 5.2 5.2 5.4
Blue Chip Consensus January 2 6.1 5.7 4.9 4.9 4.8 4.9 4.9 4.9 4.9 4.9 4.9 5.1
2003 Budget 5.9 5.5 5.2 5.0 4.9 4.9 4.9 4.9 4.9 4.9 4.9 5.1
Interest Rates: 3
91-day Treasury bills:
CBO January 2.2 4.5 4.9 4.9 4.9 4.9 4.9 4.9 4.9 4.9 4.9 4.6
Blue Chip Consensus January 2 2.1 3.4 4.5 4.7 4.8 4.8 4.7 4.7 4.7 4.7 4.7 4.3
2003 Budget 2.2 3.5 4.0 4.3 4.3 4.3 4.3 4.3 4.3 4.3 4.3 4.0
10-year Treasury notes: 3
CBO January 5.0 5.5 5.8 5.8 5.8 5.8 5.8 5.8 5.8 5.8 5.8 5.7
Blue Chip Consensus January 2 5.1 5.6 5.7 5.7 5.7 5.8 5.8 5.8 5.8 5.8 5.8 5.7
2003 Budget 5.1 5.1 5.1 5.1 5.2 5.2 5.2 5.2 5.3 5.3 5.3 5.2
Source: Congressional Budget Office; Aspen Publishers, Inc., Blue Chip Economic Indicators.
1 Year over year percent change.
2 January 2002 Blue Chip Consensus forecast for 2002 and 2003; Blue Chip October 2001 long run extension for 2004-2012.
3 Annual averages, percent.

Table S-15. Baseline Category Totals
(In billions of dollars)
2002 2003 2004 2005 2006 2007 Total
2003-2007
Outlays:
Discretionary:
Defense 336 347 359 371 377 383 1,836
Non-defense 382 402 413 420 429 439 2,103
Subtotal, discretionary 718 749 772 791 806 822 3,939
Emergency Response Fund 22 9 5 2 1 * 17
Mandatory:
Social Security 456 472 491 515 542 571 2,591
Medicare 223 229 237 252 260 279 1,258
Medicaid 145 159 171 185 202 219 936
Other mandatory 279 277 272 278 290 294 1,412
Subtotal, mandatory 1,102 1,136 1,172 1,231 1,294 1,363 6,197
Net interest 177 175 177 172 165 156 846
Total Outlays 2,020 2,070 2,126 2,197 2,266 2,341 11,000
Receipts 2,011 2,121 2,234 2,366 2,461 2,581 11,764
Unified Surplus -9 51 109 169 196 240 764
On-budget surplus -165 -127 -86 -48 -33 -4 -298
Off-budget surplus 155 179 195 217 228 244 1,063
* $500 million or less

Table S-16. Budget Surplus Reestimates
(In billions of dollars)
2002 2003 Total
2002-2011
April pre-policy baseline 283 334 5,637
Economic downturn -197 -138 -1,345
Enacted policy:
Tax relief -40 -94 -1,478
Other enacted legislation -54 -51 -591
Current baseline -9 51 2,222
Budget proposals -7 -54 -1,325
Budget outlook, pre-economic security plan -16 -3 896
Bipartisan economic security plan -90 -77 -231
Budget outlook, including economic security plan -106 -80 665

Table S-17. Federal Government Financing and Debt
(In billions of dollars)
Actual 2001 Estimate
2002 2003 2004 2005 2006 2007
Financing:
Unified budget surplus (+)/ deficit (-) 127 -106 -80 -14 61 86 104
Financing other than the change in debt held by the public:
Premiums paid (-) on buybacks of Treasury securities 1 -11 -3 -- -- -- -- --
Net purchases (-) of non-Federal securities by the National Railroad Retirement Investment Trust -- -15 -1 -* * * *
Changes in: 2
Treasury operating cash balance 8 -16 -- -5 -- -- -5
Checks outstanding, deposit funds, etc. 3 -13 -1 -* -- -- -- --
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 -51 -13 -16 -9 -9 -13
Total, amount available to repay debt held by the public 90 -157 -93 -29 52 78 91
Change in debt held by the public -90 157 93 29 -52 -78 -91
Debt Subject to Statutory Limitation, End of Year:
Debt issued by Treasury 5,743 6,110 6,499 6,867 7,182 7,482 7,780
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 6,099 6,489 6,856 7,172 7,472 7,770
Debt Outstanding, End of Year:
Gross Federal debt 7:
Debt issued by Treasury 5,743 6,110 6,499 6,867 7,182 7,482 7,780
Debt issued by other agencies 27 27 26 26 25 24 23
Total, gross Federal debt 5,770 6,137 6,526 6,892 7,207 7,506 7,803
Held by:
Debt securities held by Government accounts 2,450 2,660 2,956 3,293 3,659 4,036 4,424
Debt securities held by the public 8 3,320 3,477 3,570 3,600 3,548 3,470 3,379
* $500 million or less
1Includes only premiums paid on buybacks through December 2001. Estimates are not made for subsequent buybacks.
2A 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.
3Besides 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.
4Consists primarily of Federal Financing Bank debt.
5Consists 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.
6The statutory debt limit is $5,950 billion.
7Treasury 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).
8At 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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