2011 United States federal budget
| Submitted | February 1, 2010 |
|---|---|
| Submitted by | Barack Obama |
| Submitted to | 111th Congress |
| Total revenue | $2.567 trillion (requested) $2.303 trillion (actual) 15.0% of GDP (actual) |
| Total expenditures | $3.834 trillion (requested) $3.603 trillion (actual) 23.4% of GDP (actual) |
| Deficit | $1.645 trillion (requested) 10.9% of GDP $1.30 trillion (actual) 8.5% of GDP (actual) |
| Debt | $14.764 trillion (at fiscal end) 96.0% of GDP |
| GDP | $15.379 trillion |
| Website | Office of Management and Budget |
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The 2011 United States federal budget is the United States federal budget to fund government operations for the fiscal year 2011, which is October 2010 – September 2011. The budget is the subject of a spending request by President Barack Obama. The actual appropriations for Fiscal Year 2011 had to be authorized by the full Congress before it could take effect, according to the United States budget process.
No budget was passed by the September 30 deadline, and the government was funded by a series of seven continuing resolutions continuing funding at or near 2010 levels. The budget negotiations culminated in early April 2011, with a tense legislative standoff leading to speculation that the nation would face its first government shutdown since 1995. However, a deal containing $38.5 billion in cuts from 2010 funding levels was reached with just hours remaining before the deadline. The 2011 budget was enacted on April 15, 2011, as Public Law 112-10, the Department of Defense and Full-Year Continuing Appropriations Act, 2011.
President Barack Obama proposed his 2011 budget during February 2010. He has indicated that jobs, health care, clean energy, education, and infrastructure will be priorities. Total requested spending is $3.83 trillion and the federal deficit is forecast to be $1.56 trillion in 2010 and $1.27 trillion in 2011. Total debt is budgeted to increase from $11.9 trillion in FY2009, to $13.8 trillion in FY2010, and $15.1 trillion in FY2011.
There was considerable debate on funding levels for science research by the federal government. The Obama administration's policy has been to support increases in research funding levels, including doubling the budgets of the National Science Foundation (NSF), Department of Energy Office of Science (DOE SC), and National Institute of Standards and Technology (NIST) from their 2006 levels by 2017, and President Obama strongly featured innovation as a means for revitalizing the United States economy in his 2011 State of the Union Address. The Obama administration's fiscal year 2013 budget request included increases from the FY 2011 budget by $232 million for the National Institutes of Health (NIH), $340 million for the NSF, $1.8 billion for DOE discretionary spending, and $104 million for NIST. Although there has been a budget decrease for the National Aeronautics and Space Administration (NASA) by $192 million (1.1%) since 2011.
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