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2014 United States federal budget

2014 (2014) Budget of the United States federal government
Submitted April 10, 2013
Submitted by Barack Obama
Submitted to 113th Congress
Total revenue $3.03 trillion (requested)
$3.02 trillion (actual)
17.5% of GDP (actual)
Total expenditures $3.77 trillion (requested)
$3.506 trillion (actual)
20.3% of GDP (actual)
Deficit $744 billion (requested)
4.4% of GDP (requested)
$484.6 billion (actual)
2.8% of GDP (actual)
Debt $17.79 trillion (at fiscal end)
103.2% of GDP
GDP $17.244 trillion
Website Office of Management and Budget
2013
2015
Great Seal of the United States
Full title Establishing the budget for the United States Government for fiscal year 2014 and setting forth appropriate budgetary levels for fiscal years 2015 through 2023.
Introduced in 113th United States Congress
Introduced on March 15, 2013
Sponsored by Rep. Paul Ryan (R-WI)
Number of co-sponsors 0
Effects and codifications
Act(s) affected Congressional Budget Act of 1974, Balanced Budget and Emergency Deficit Control Act of 1985, Federal Credit Reform Act of 1990, Health Care and Education Reconciliation Act of 2010, and others
U.S.C. section(s) affected 31 U.S.C. § 1105(a)
Legislative history
Great Seal of the United States
Full title Setting forth the congressional budget for the United States Government for fiscal year 2014, revising the appropriate budgetary levels for fiscal year 2013, and setting forth the appropriate budgetary levels for fiscal years 2015 through 2023.
Introduced in 113th United States Congress
Introduced on March 15, 2013
Sponsored by Senator Patty Murray (D-WA)
Number of co-sponsors 0
Effects and codifications
Act(s) affected Congressional Budget Act of 1974, Balanced Budget and Emergency Deficit Control Act of 1985, Patient Protection and Affordable Care Act, American Taxpayer Relief Act of 2012, and others
U.S.C. section(s) affected 2 U.S.C. § 901(c), 31 U.S.C. § 1105, 2 U.S.C. § 633(a), 39 U.S.C. § 2009a, and others
Legislative history

The 2014 United States federal budget is the budget to fund government operations for the fiscal year (FY) 2014, which began on October 1, 2013 and ended on September 30, 2014. The original spending request was issued by President Barack Obama on April 10, 2013. The actual appropriations for fiscal year 2014 must be enacted by both houses of Congress before they can take effect, in accordance with the United States budget process.

The fiscal year 2014 United States budget exists only as several competing drafts; no official budget has been approved. President Obama submitted the FY2014 budget proposal on April 10, 2013, two months past the February 4 legal deadline due to negotiations over the United States fiscal cliff and implementation of the sequester cuts mandated by the Budget Control Act of 2011. The House of Representatives passed its proposal, H.Con.Res 25, prior to the submission of the President's budget proposal, as did the Senate (S.Con.Res 8). The House and Senate budget resolutions were not expected to be reconciled as a final budget. However, in early January 2014 the Consolidated Appropriations Act, 2014 (H.R. 3547; 113th Congress) was passed by Congress and signed by the president.

At the time the fiscal year 2014 budget was debated, budgeting issues were controversial. Government spending had recently been limited by an automatic sequestration process that resulted when Congress and President Obama failed to meet spending reduction targets set by the Budget Control Act of 2011. The House and Senate are currently controlled by different parties with different fiscal agendas.

The House Budget Committee reported out the House Budget Bill (H.Con.Res. 25) on March 15, 2013 which was introduced and sponsored by budget committee chairman Paul Ryan (R-WI) to the United States House of Representatives. It passed the House on March 21, 2013, 221-207.


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