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United States. Office of Management and Budget. Budget of the United States Government 2000 PDF

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Preview United States. Office of Management and Budget. Budget of the United States Government 2000

BUDGET BUDGET OF THE UNITED STATES GOVERNMENT Fiscal Year 2000 AACR ETI AONE RITE NSE EE RE RR ORECADIY ERA TTN TTI: Fiscal Year 2000 THE BUDGET DOCUMENTS Budget of the United States Government, Fiscal Year 2000 entire agencies or group of agencies. Information is also provided contains the Budget Message of the President and information on on certain activities whose outlays are not part of the budget totals. the President’s 2000 budget proposals. In addition, the Budget in- cludes the Nation’s second comprehensive Government-wide Perform- A Citizen’s Guide to the Federal Budget, Budget of the ance Plan. United States Government, Fiscal Year 2000 provides general information about the budget and the budget process for the general Analytical Perspectives, Budget of the United States Govern- public. ment, Fiscal Year 2000 contains analyses that are designed to high- light specified subject areas or provide other significant presentations Budget System and Concepts, Fiscal Year 2000 contains an of budget data that place the budget in perspective. explanation of the system and concepts used to formulate the Presi- The Analytical Perspectives volume includes economic and account- dent’s budget proposals. ing analyses; information on Federal receipts and collections; analyses of Federal spending; detailed information on Federal borrowing and Budget Information for States, Fiscal Year 2000 is an Office debt; the Budget Enforcement Act preview report; current services of Management and Budget (OMB) publication that provides proposed estimates; and other technical presentations. It also includes informa- State-by-State obligations for the major Federal formula grant pro- tion on the budget system and concepts and a listing of the Federal grams to State and local governments. The allocations are based programs by agency and account. on the proposals in the President’s budget. The report is released after the budget and can be obtained from the Publications Office Historical Tables, Budget of the United States Government, of the Executive Office of the President, 725 17th Street NW, Wash- Fiscal Year 2000 provides data on budget receipts, outlays, sur- ington, DC 20503; (202) 395-7332. pluses or deficits, Federal debt, and Federal employment covering an extended time period—in most cases beginning in fiscal year 1940 or earlier and ending in fiscal year 2004. These are much longer AUTOMATED SOURCES OF BUDGET INFORMATION time periods than those covered by similar tables in other budget documents. As much as possible, the data in this volume and all The information contained in these documents is available in other historical data in the budget documents have been made con- electronic format from the following sources: sistent with the concepts and presentation used in the 2000 Budget, CD-ROM. The CD-ROM contains all of the budget documents and so the data series are comparable over time. software to support reading, printing, and searching the documents. The CD-ROM also has many of the tables in the budget in spread- Budget of the United States Government, Fiscal Year 2000— Appendix contains detailed information on the various appropria- sheet format. tions and funds that constitute the budget and is designed primarily Internet. All budget documents, including documents that are for the use of the Appropriations Committee. The Appendix contains released at a future date, will be available for downloading in several more detailed financial information on individual programs and ap- formats from the Internet. To access documents through the World propriation accounts than any of the other budget documents. It Wide Web, use the following address: includes for each agency: the proposed text of appropriations lan- http://www.gpo.gov/usbudget guage, budget schedules for each account, new legislative proposals, explanations of the work to be performed and the funds needed, For more information on access to the budget documents, call (202) and proposed general provisions applicable to the appropriations of 512-1530 in the D.C. area or toll-free (888) 293-6498. GENERAL NOTES 1. All years referred to are fiscal years, unless otherwise noted. 2. Detail in this document may not add to the totals due to rounding. U.S. GOVERNMENT PRINTING OFFICE WASHINGTON 1999 For sale by the U.S. Government Printing Office Superintendent of Documents, Mail Stop: SSOP, Washington, DC 20402-9328 ISBN 0-16-049890-2 The index and/or table of contents has been removed and photographed separately within this volume year. For roll film users, this information for the current volume year is at the beginning of the microfilm. For a prior year volume, this information is at the end of the microfilm. For microfiche users, the index and/or contents is contained on a separate fiche. dgcsiteals I. THE BUDGET MESSAGE OF THE PRESIDENT THE BUDGET FOR FISCAL YEAR 2000 Chart I-1. THE BUDGET IS IN SURPLUS AFTER YEARS OF DEFICITS SURPLUS (+) / DEFICITS (-) IN BILLIONS RESERVE PENDING SOCIAL SECURITY REFORM 1998-2004 $976 BILLION TOTAL DEFICITS 1981-1992 $745 & $2.3 TRILLION DEFICIT : TOTAL SAVINGS es 1994-1998 : 7 SS $1.2 TRILLION ACTUALS $290B DEFICIT $388B DEFICIT PRE-OBRA BASELINE 1980 1983 1986 1989 1992 1995 1998 Note: OBRA is the Omnibus Budget Reconciliation Act of 1993 Table I-1. RECEIP'’S, OUTLAYS, AND SURPLUS (In billions of dollars) 1998 Estimates Actual 1999 2000 2001 2002 2003 2004 2005 2006 2007 #2008 #2009 1,722 1,806 1,883 1,933 2,007 2,075 2,166 2,265 2,364 2,474 2,588 2,708 1,653 1,727 1,766 1,799 1,820 1,893 1,958 2,034 2,081 2,154 2,234 2,315 Reserve Pending Social Security Reform 79 117 134 187 182 208 231 283 320 354 393 0 0 0 0 0 0 0 0 0 0 0 THE BUDGET MESSAGE OF THE PRESIDENT To the Congress of the United States: our investment priorities. This strategy has resulted in unprecedented prosperity; it is The 2000 Budget, which I am submitting now providing us with resources of a size to you with this message, promises the third and scope that just a few years ago simply balanced budget in my Administration. With didn’t seem possible. Now that these resources this budget, our fiscal house is in order, are in our reach, it is both our challenge our spirit strong, and our resources prepare and responsibility to make sure we use us to meet the challenges of the next century. them wisely. This budget marks a new era of opportunity. First and foremost, in the last year of When I took office six years ago, I was determined to reverse decades of fiscal de- this century, the task awaiting us is to cline—a time when deficits grew without save Social Security. The conditions are right. restraint, the economy suffered, and our na- We have reserved the surplus, our economy tional purpose seemed to be undermined. is prosperous, and last year’s national dialogue For too many years, the deficit loomed over has advanced the goal of forging consensus. us, a powerful reminder of the Government’s Acting now makes the work ahead easier, inability to do the people’s business. with changes that will be far simpler than if we wait until the problem is closer at Today, Americans deserve to be proud and hand. confident in their ability to meet the next set of challenges. In the past six years, In my State of the Union address, I we have risen to our responsibilities and, proposed a framework for saving Social Secu- as a result, have built an economy of unprece- rity that will use 62 percent of the surplus dented prosperity. We have done this the for the next 15 years to strengthen the right way—by balancing fiscal discipline and Trust Fund until the middle of the next investing in our Nation. century. Part of the surplus dedicated to Social Security would be invested in private This budget continues on the same path. securities, further strengthening the Trust It invests in education and training so Ameri- Fund by drawing on the long-term strength cans can make the most of this economy’s of the stock market, and reducing the debt opportunities. It invests in health and the to ensure strong fiscal health. This proposal environment to improve our quality of life. will keep Social Security safe and strong It invests in our security at home and until 2055. In order to reach my goal of abroad, strengthens law enforcement and pro- protecting and preserving the Trust Fund vides our Armed Forces with the resources until 2075, I urge the Congress to join they need to safeguard our national interests me on a bipartisan basis to make choices in the next century. that, while difficult, can be achieved, and This year’s budget surplus is one in many include doing more to reduce poverty among decades of surpluses to come—if we maintain single elderly women. our resolve and stay on the path that brought I am committed to upholding the pledge us this success in the first place. The budget I made last year—that we must not drain forecasts that the economy will remain strong, the surplus until we save Social Security. producing surpluses until well into the next It is time to fix Social Security now. And century. once we have done so, we should turn The 21st Century promises to be a time our efforts to other pressing national priorities. of promise for the American people. Our We must fulfill our obligation to save and challenge as we move forward is to maintain improve Medicare—my framework would re- our strategy of balancing fiscal discipline serve 15 percent of the projected surplus with the need to make wise decisions about for Medicare, ensuring that the Medicare 3 THE BUDGET FOR FISCAL YEAR 2000 Trust Fund is secure for 20 years. It would the elderly and the disabled, while ensuring establish Universal Savings Accounts, using that it not place a burden on our children. just over one tenth of the surplus to encourage We have met the challenge of deficit reduc- all Americans to save and invest so they tion; there is now every reason for us to will have additional income in retirement. rise to the next challenge. For sixty years, I propose that we reserve the final portion Social Security has been a bedrock of security of the projected surplus, 11 percent, to provide in retirement. It has saved many millions resources for other pressing national needs of Americans from an old age of poverty that will arise in the future, including the and dependency. It has offered help to those need to maintain the military readiness of who become disabled or suffer the death the Nation’s Armed Forces, education, and of a family breadwinner. For these Ameri- other critical domestic priorities. cans—in fact, for all Americans—Social Secu- Charting a Course for the New Era of rity is a reflection of our deepest values Surplus of community and the obligations we owe to each other. Six years ago, when my Administration took office, we were determined to create It is time this year to work together the conditions for the Nation to enter the to strengthen Social Security so that we 2ilst Century from a position of strength. may uphold these obligations for years to We were committed to turning the economy come. We have the rare opportunity to act around, to reining in a budget that was to meet these challenges—or in the words out of control, and to restoring to the country of the old saying, to fix the roof while confidence and purpose. the sun is shining. And at least as important, we can engage this crucial issue from a Today, we have achieved these goals. The position of strength—with our economy pros- budget is in balance for the first time in perous and our resources available to do a generation and surpluses are expected as the job of fixing Social Security. I urge far as the eye can see. The Nation’s economy Americans to join together to make that continues to grow; this is the longest peace- happen this year. time expansion in our history. There are more than 17 million new jobs; unemployment Building on Economic Prosperity is at its lowest peacetime level in 41 years; and today, more Americans own their own At the start of 1993, when my Administra- homes than at any time in our history. tion took office, the Nation’s economy had barely grown during the previous four years, Americans today are safer, more prosperous, creating few jobs. Interest rates were high and have more opportunity. Crime is down, due to the Government’s massive borrowing poverty is falling, and the number of people to finance the deficit, which had reached on welfare is the lowest it has been in a record $290 billion and was headed higher. 25 years. By almost every measure, our economy is vibrant and our Nation is strong. Determined to set America on the right path, we launched an economic strategy built Throughout the past six years, my Adminis- upon three elements: promoting fiscal respon- tration has been committed to creating oppor- sibility; investing in policies that strengthen tunity for all Americans, demanding respon- the American people, and engaging in the sibility from all Americans and to strengthen- international economy. Only by pursuing all ing the American community. We have made three elements could we restore the economy enormous strides, with the success of our and build for the future. economy creating new opportunity and with our repair of the social fabric that had My 1993 budget plan, the centerpiece of frayed so badly in recent decades reinvigorat- our economic strategy, was a balanced plan ing our sense of community. Most of all, that cut hundreds of billions of dollars of the prosperity and opportunity of our time Federal spending while raising income taxes offers us a great responsibility—to take action only on the very wealthiest of Americans. to ensure that Social Security is there for By cutting unnecessary and _ lower-priority

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