Budget 1996 Bud

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Text of Budget 1996 Bud

  • 1THE BUDGET MESSAGEOF THE PRESIDENT

  • 2 THE BUDGET FOR FISCAL YEAR 1996

    THE FEDERAL GOVERNMENT DOLLAR

    WHERE IT GOES...

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    DIRECT BENEFITPAYMENTS FOR

    INDIVIDUALS48 %

    NETINTEREST

    16 %

    NATIONALDEFENSE

    16 %

    OTHERFEDERAL

    OPERATIONS5 %

    GRANTS TO STATES

    & LOCALITIES15 %

    WHERE IT COMES FROM...

    OTHER4 %

    EXCISETAXES

    3 %

    CORPORATEINCOMETAXES

    10 %

    FISCAL YEAR 1996 ESTIMATES

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