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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