1996 United States federal budget

1996 (1996) Budget of the United States federal government
SubmittedFebruary 6, 1995
Submitted byBill Clinton
Submitted to104th Congress
PassedOctober 3, 1995, through April 26, 1996
Total revenue$1.42 trillion (requested)[1]
$1.45 trillion (actual)[2]
18.2% of GDP (actual)[3]
Total expenditures$1.61 trillion (requested)[4]
$1.56 trillion (actual)[5]
19.6% of GDP (actual)[3]
Deficit$107.4 billion (actual)[5]
1.3% of GDP (actual)[3]
Debt$5.181 trillion (at fiscal end)
64.9% of GDP[6]
GDP$7.978 trillion[3]
WebsiteOffice of Management and Budget
‹ 1995
1997

The 1996 United States federal budget is the United States federal budget to fund government operations for the fiscal year 1996, which was October 1995 – September 1996. This budget was the first to be submitted after the Republican Revolution in the 1994 midterm elections. Disagreements between Democratic President Bill Clinton and Republicans led by Speaker of the House Newt Gingrich resulted in the United States federal government shutdown of 1995 and 1996.

  1. ^ Cite error: The named reference 1996ReceiptsRequest was invoked but never defined (see the help page).
  2. ^ Cite error: The named reference 1996ReceiptsActual was invoked but never defined (see the help page).
  3. ^ a b c d "Table 1.2—SUMMARY OF RECEIPTS, OUTLAYS, AND SURPLUSES OR DEFICITS (–) AS PERCENTAGES OF GDP: 1930–2020" (PDF). Government Publishing Office. Retrieved October 28, 2015.
  4. ^ Budget of the United States Government, Fiscal Year 1996
  5. ^ a b "Fiscal Year 2016 Budget Historical Tables (Table 1.1)" (PDF). United States Office of Management and Budget. Retrieved October 8, 2015.
  6. ^ "Fiscal Year 2016 Budget Historical Tables" (PDF). Office of Management and Budget. Retrieved October 28, 2015.