H-17.14: Federal Budget FY 2019 (Passed)

[Lumine]

FEDERAL BUDGET: FY2019

Revenues:

Income Taxes:  $ 1,694,624,900,372.82  ($ 1694.62 billion)                          
 by tax bracket
 0-13K      10%  $ 130,787,630,929.16
 13K-50k    15%    $ 439,405,682,763.48                    
 50K-130K   25%        $ 525,757,271,234.49                    
 130K-210K  28%       $ 185,457,479,643.20                    
 210K-413K  33%       $ 213,782,135,498.63                        
 413K-441K  35%        $ 70,852,993,752.34                    
 441K+      39.6%      $ 128,581,706,551.51                      
                                            
Corporate Taxes:  $ 340,763,510,122.19  ($ 340.76 billion)
 by tax bracket                                            
 0-100K     0%        $ 0.00                
 100K-1M    15%        $ 1,678,940,033.99                
 1M-10M     21.5%    $ 4,172,280,041.70                    
 10M+       28%         $ 334,912,290,046.51                    
                                                                                          
Payroll Taxes -  $ 1,325,575,422,184.86 ($ 1,325.58 billion)
 breakdown
 OASDI: 12.4% (6.2% on employees, 6.2% on employers) - $ 912,456,391,044.15    
 RRPH: 5.0% (2.5% on employees, 2.5% on employers) - $ 367,925,964,130.71      
 FUTA: 6.0% on first $7,000 - $ 45,193,067,010.00  

Estate tax: 45% of amount above $ 5.5 million; plus flat rate
 $ 29,597,609,030.69
                    
Healthcare Taxes:
 40% Cadillac Tax -  $ 0.00 Billion  
 3.8% on Net Investment Income -  $ 12.80 Billion                              
                        
Excise Taxes/customs duties:
 Carbon Tax (2018) -  $ 16.35    Billion                            
 Gasoline Tax (2018) -  $ 50.00 Billion                              
 Tobacco and Alcohol Taxes (2018) -  $ 24.20 Billion    
 Excise taxes on health insurance providers,
 pharmaceuticals, and medical devices (2018) - $ 9.90 Billion
 Revenue Enhancement Act - $ 63,185,494,000.00                  
                        
Other Revenue:  $ 30.209 Billion                    
                        
Additional tax credits:  $ -39.40 Billion
                        
TOTAL Revenue: $ 3557.81 Billion

Spending:

Military Spending ($504.358 Billion)              
$123.58 Billion... Military personnel              
$184.51 Billion... Operation and maintenance              
$106.01 Billion... Procurement              
$61.52 Billion ... Research, development, test and evaluation              
$8.47 Billion..... Military Construction, Family Housing and Other              
$12.148 Billion.... Atomic Energy Defense Activities              
$8.11 Billion..... Defense Related activities            
$0.00 Billion..... Fiscal Responsibility in our Military Act
                            
Military Retirement ($144.0811 Billion)                            
$75.48 Billion.... Income security for veterans              
$14.15 Billion.... Veterans education, training, and rehabilitation                            
$54.22 Billion.... Hospital and medical care for veterans and retired military (added in under Healthcare below)                
$0.38 Billion..... Housing and other veterans benefits and services              
$-0.1489 Billion…. VA Privatisation
                            
International affairs ($31.94 Billion)              
$18.88 Billion ... International development and humanitarian assistance              
$8.55 Billion..... International military aid              
$11.99 Billion.... Conduct of foreign affairs              
$1.30 Billion..... Foreign information and exchange activities  
$-8.79 Billion.... International Financial Programs            
              
General science, space, and technology ($31.18 Billion)              
$11.26 Billion.... National Science Foundation programs              
$4.55 Billion..... Department of Energy general science programs              
$15.37 Billion.... Space flight, research, and supporting activities              
              
Non-Defense Energy Spending ($52.393 Billion)              
$3.15 Billion..... Energy supply              
$1.11 Billion..... Energy conservation and preparedness              
$0.64 Billion..... Energy information, preparedness, & regulation  
$15.00 Billion.... Energy Rebate and Subsidy Act    
$32.50 Billion.... Gas Tax Act    
$-0.007 Billion…. Eliminated Ethanol Blending Rules
            
Natural resources and environment ($43.58 Billion)              
$4.89 Billion..... Water resources              
$11.54 Billion.... Conservation and land management          
$4.42 Billion..... Recreational & Park resources              
$7.18 Billion..... Pollution control and abatement                                
$6.55 Billion..... Other natural resources  
$9.00 billion..... The Storm Surge, Coastal Flooding, and Tsunami Prevention Act of 2017    
              
Agriculture ($19.532 Billion)              
$16.01 Billion.... Farm income stabilization & crop insurance              
$4.30 Billion..... Agricultural research and services
$0.03 Billion..... No More Going Hungry in Atlasia Act
$-0.8 Billion…. Eliminated marketing programs
$-0.008 Billion…. Eliminated Catfish Inspection Office
              
Commerce and Housing Loan Programs ($0.1864 Billion)              
$-22.33 Billion... Federal Housing Loan Programs              
$2.29 Billion..... Postal service              
$2.50 Billion..... Deposit insurance              
$10.20 Billion.... Universal service fund              
$7.6964 Billion..... Other advancement of commerce
$-0.17 Billion…. Eliminated Capital Construction Grants              
              
Transportation ($92.3914 Billion)                
$67.40 Billion.... Ground Transportation            
$16.20 Billion.... Air Transportation              
$8.4015 Billion..... Water transportation              
$0.38 Billion..... Other transportation      
        
              
Community and regional development ($30.425 Billion)              
$3.78 Billion..... Community development              
$2.19 Billion..... Area and regional development              
$4.02 Billion..... Disaster relief and insurance              
$2.23 Billion..... Homeless Shelter Emergency Housing              
$4.32 Billion..... Small Business Association
$0.77 Billion..... Flint Reinvestment Act
$0.08 Billion..... Refugee act          
$-11.025 Billion…. We Should Help Workers Act
$2.00 Billion…. Buy-Atlasian Contracting Rules
$22.00 Billion…. Hurricane Emergency Funding
              
Education ($73.7625 Billion)              
$39.03 Billion.... Elementary, Secondary & Vocational education              
$31.475 Billion.... Higher education              
$3.26 Billion..... Research and general education            
$0.00 Billion..... Orlando Act
$-0.0125 Billion…. Cap on certain student loans
              
Training, labor and unemployment ($18.536 Billion)              
$7.58 Billion..... Training and employment              
$1.77 Billion..... Labor law, statistics, and other administration'
$9.2 Billion...... Public Service Act          
$-0.014 Billion…. Eliminated Employee Drug Tests
              
Atlasian Healthcare ($1261.14 Billion)              
$423.77 Billion... Senior Healthcare
$44.31 Billion.... Veteran Healthcare
$12.90 Billion.... Federal employees' and retired employees' health benefits  
$425.42 Billion... Medical Services
$338.85 Billion... Sliding Scale Subsidies
$15.89 Billion.... Healthcare Subsidy Office (HSO) and AtlasCare Office (ACO) Administration

Non-ANH Health Spending ($56.97 Billion)              
$24.25 Billion.... Disease control, public health and bioterrorism              
$28.48 Billion.... Health research and training              
$4.24 Billion..... Consumer and occupational health and safety                
              
Civilian Retirement (Social Security excluded) ($138.16 Billion)              
$8.23 Billion..... Civilian retirement and disability insurance              
$129.93 Billion... Federal employee retirement and disability              
 
Social Security ($903.24 Billion)
$868.63 Billion... Social Security Outlays
$34.60 Billion.... Social Security Administration
            
Aid to Low-Income Families ($366.50 Billion)
$40.53 Billion.... Unemployment              
$39.98 Billion.... Housing assistance              
$99.44 Billion.... Food and Nutrition Assistance (Food Stamps + WIC)        
$169.01 Billion... Other aid to low-income families              
$17.54 Billion.... Social Services            
              
Administration of justice ($51.902 Billion)              
$27.157 Billion.... Federal law enforcement
$13.938 Billion.... Federal litigation and judicial activities              
$6.2687 Billion..... Federal prison system              
$4.24 Billion..... Criminal justice assistance  
$0.74 Billion..... Federal Penitentiary Reform Act Provisions      
$-0.432 Billion…. General Criminal Justice Savings
              
General government administration ($3.899 Billion)              
$3.66 Billion..... Legislative functions              
$0.45 Billion..... Executive office programs              
$12.03 Billion.... IRS & other fiscal operations              
$1.567 Billion..... Other general government              
$-13.20 Billion…. Government Efficiency Act
$-0.62 Billion…. Eliminated Penny
$0.002 Billion…. Mandatory Tampons in Restrooms
              
Interest on debt ($295.40 Billion)              
$295.40 Billion... Net Interest

TOTAL Spending: $4119.5764 Billion


REVENUE:     $ 3557.81 Billion
EXPENDITURES:  $ 4119.5764 Billion
BALANCE:       $ -562.7664 Billion

Designation: H-17.14
Sponsor: TBD

[Lumine]

Right, the budget is here!

We'll be having the budget debate during the coming days, but it bears reminding that A. the Government is only funded until April 30th and B. the 2020 Budget will have to be crafted fairly soon anyway. I certainly trust the House to be very responsible with this, but it's important to note the current context.

This needs a sponsor.

[At-Large Senator LouisvilleThunder]

I'll sponsor this.

[Lumine]

24 hours for objections. In any case, keep debate going!

[Attorney General & PPT Dwarven Dragon]

Lots of debate going on here...................

[Lumine]

LouisvilleThunder is recognized as sponsor.

Given the context and the relevance of the budget I'd strongly urge the House to comment on it so as to not push for a vote without a debate - which I'd rather not do unless it's absolutely necessary -.

[At-Large Senator LouisvilleThunder]

Alright, this budget does cut the deficit by a whopping 400 billion dollars from around $900 billlion last year. This is a lot of progress done mainly through cutting bloated government bureaucracy and making things more efficient. This was done largely through the work of the DPC members and the GM team.

[Mr. Reactionary]

Alright, this budget does cut the deficit by a whopping 400 billion dollars from around $900 billlion last year. This is a lot of progress done mainly through cutting bloated government bureaucracy and making things more efficient. This was done largely through the work of the DPC members and the GM team.

We in the GM team merely provided budget impact scores for new laws and calculated GDP, unemployment, and resulting tax receipts. Credit for the actual deficit reduction should go solely to lawmakers. While some deficit reduction is the result of higher tax receipts due to higher GDP and lower unemployment, our calculations necessarily factor in decisions made by lawmakers.

[Adam Griffin]

Truly shameful: I remember building two consecutive surplus-laden budgets myself that led to a framework of responsible budgetary procedures in the years that followed. Now, after three years of mostly Federalist rule, the deficit is sky-high!

[Attorney General & PPT Dwarven Dragon]

Truly shameful: I remember building two consecutive surplus-laden budgets myself that led to a framework of responsible budgetary procedures in the years that followed. Now, after three years of mostly Federalist rule, the deficit is sky-high!

Unfortunately, since you were President last, a combination of an inept GM department, inept administration from both sides of the aisle, and lack of interest in the budget process over the last several years got us to this point. Things were starting to get better in 2018 on all fronts, but then we got President Weatherboy, and that well, didn't help. But I'd note that it is a Federalist Administration that is finally and firmly getting on top of this.

[tmthforu94]

I'd certainly love to get more into the weeds of this, but due to months of little/no action, we are at a point where we have to get something passed to avoid another continuing resolution or risking a shutdown. I applaud all of those who worked very hard to get this version before Congress - it isn't where we want to be, but is certainly a leap in the right direction.

I ask Congress to quickly approve this before the April 30th deadline. Once approved, I look forward to getting discussions for the 2020 budget underway early so that we have plenty of time to adequately debate next years' budget - budget debates are one of the highlights of the game!

[JGibson]

I strongly encourage the passing of the budget before us. While not perfect, it is the first step to a solid budget.

[Mr. Reactionary]

Truly shameful: I remember building two consecutive surplus-laden budgets myself that led to a framework of responsible budgetary procedures in the years that followed. Now, after three years of mostly Federalist rule, the deficit is sky-high!

Unfortunately, since you were President last, a combination of an inept GM department, inept administration from both sides of the aisle, and lack of interest in the budget process over the last several years got us to this point. Things were starting to get better in 2018 on all fronts, but then we got President Weatherboy, and that well, didn't help. But I'd note that it is a Federalist Administration that is finally and firmly getting on top of this.

Plus Im pretty sure Yankee said they double counted taxes and had an effective tax rate in excess of 100% due to lazy Marxist accounting back when the budget was "balanced".

[Attorney General & PPT Dwarven Dragon]

I'd encourage a representative to motion for a final vote on this today so it can get to the Senate Floor by late Saturday, giving them adequate time to pass it.

[Fmr. Representative Encke]

Truly shameful: I remember building two consecutive surplus-laden budgets myself that led to a framework of responsible budgetary procedures in the years that followed. Now, after three years of mostly Federalist rule, the deficit is sky-high!

Unfortunately, since you were President last, a combination of an inept GM department, inept administration from both sides of the aisle, and lack of interest in the budget process over the last several years got us to this point. Things were starting to get better in 2018 on all fronts, but then we got President Weatherboy, and that well, didn't help. But I'd note that it is a Federalist Administration that is finally and firmly getting on top of this.

Plus Im pretty sure Yankee said they double counted taxes and had an effective tax rate in excess of 100% due to lazy Marxist accounting back when the budget was "balanced".

I've looked through the Atlasia FY2015 budget and it seems like unusually low spending numbers in some areas were part of the reason for the balanced budget. For instance, total military spending was 63.5% of what it was IRL in that year, income security for veterans was at 50.2%, and administration of justice was at 49.3%. However, some of those changes were offset by areas where spending was higher than it was IRL (education was at 118% for instance, while 'Community and Regional Development' was at 181%). Meanwhile, on the revenue side, there was a carbon tax providing 150 billion per year.

[JGibson]

I request a move for a final vote on this bill.

[Lumine]

Duly noted, 24 hours for objections.

[Lumine]

A vote has started!

Gentlemen, please vote AYE, NAY or ABSTAIN.

[At-Large Senator LouisvilleThunder]

Aye!

[alancia]

Aye

[thumb21]

Aye

[CMB222]

Aye

[Coastal Elitist]

Aye

[Southern Senator North Carolina Yankee]

Truly shameful: I remember building two consecutive surplus-laden budgets myself that led to a framework of responsible budgetary procedures in the years that followed. Now, after three years of mostly Federalist rule, the deficit is sky-high!

The deficit is sky high because of the reset. We inherited all of the deficts of the RL situation in May June 2016.

So regardless of the quality of those budgets, it should be noted that you also indirectly eliminated them by helping to pass the fourth constitution. Remember that the next time you are crowing about your Presidency.


And yes, there were major problems that transpired pre-reset, mainly that the GM numbers were often wishful thinking and didn't really mesh well with often sky high unemployment and other numbers that the GM offices were putting out in many of those years.

[#TheShadowyAbyss]

Aye.