Total Revenue
$1,325
Mrd $
Total Expenditure
$1,380
Mrd $
Budget Deficit
-$55
Mrd $
Required Loans
-$10
Mrd $
GDP
$0
Mrd $
Budget Allocation by Department
Revenue vs Expenditure Breakdown
Revenue Breakdown
| Revenue Source | Rate | Amount (Mrd $) |
|---|---|---|
| Income Tax | 7.5% | $875 |
| Corporate Tax | 11% | $450 |
| Total Revenue | $1,325 |
Expenditure Breakdown
| Department | Amount (Mrd $) | % of Total |
|---|
Budget Analysis
Fiscal Responsibility
The budget shows a deficit of $55 billion, requiring additional loans of $10 billion after accounting for existing RECOVER Act loans.
Investment Priorities
HELP Department receives the largest allocation ($320B), followed by Defense ($265B), reflecting priorities in social services and national security.
Economic Impact
The budget maintains moderate tax rates while providing substantial funding for infrastructure, healthcare, and education.
Inflation Impact
Current inflation rate of 2.0% affects both revenue and expenditure calculations, with wages and costs adjusted accordingly.