1994 United States federal budget
# 1994 United States federal budget

The 1994 United States federal budget is the United States federal budget to fund government operations for the fiscal year 1994, which was October 1993 – September 1994. This budget was the first federal budget submitted by Bill Clinton.

## Receipts

1994 Actual Receipts by Source

(in billions of dollars)

| Source | Actual |
| - | - |
| Individual income tax | 543 |
| Corporate income tax | 140 |
| Social Security and other payroll tax | 461 |
| Excise tax | 55 |
| Other miscellaneous receipts | 58 |
| Total | 1,257 |

## Outlays

The total outlays for FY1994 was 1.46 trillion dollars as authorized by congress.

### Deficit/Surplus

The budget had an estimated deficit for enacted legislation of $203 billion. 2.8% of GDP

