H-17.14: Federal Budget FY 2019 (Passed)

[JGibson]

AYE

[F. Joe Haydn]

Aye

[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!

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

THAT WAS THREE YEARS AGO WHAT IS GOING ON WITH THE PARTY OF FISCAL RESPONSIBILITY THAT HAS MORE OR LESS CONTROLLED THE GOVERNMENT THIS ENTIRE TIME

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.

Yes, I was the last President of one era and the first of another - truly a breathtaking occasion in between my broader effort to save the game.

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.

Nix and I specifically did our best to formulate a realistic budget beginning in 2013 - I can't help it that people (including yourself) raised no substantial qualms with it at the time, and certainly cannot help the fact that I was chased out of the GM Office during my second stint because of anti-alien hysteria!

[Lumine]

This has enough votes to pass. 24 hours to change votes.

[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!

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

THAT WAS THREE YEARS AGO WHAT IS GOING ON WITH THE PARTY OF FISCAL RESPONSIBILITY THAT HAS MORE OR LESS CONTROLLED THE GOVERNMENT THIS ENTIRE TIME

Basically:

Leinad Presidency; Blair Presidency; Yankee Presidency (2017): Largely unaware of the issue - Let's just say that the country generally lacked full understanding of what the reset had done for some time.

Note: This lack of full understanding not only showed up in the budget by the way. We didn't realize that the new 4th constitution legalized voting-booth campaigning until after 'Blair vs. Rpryor' (or whatever the heck that case is named); We didn't realize that the new 4th constitution prohibited parties from formally expelling members until Feds unsuccessfully tried to expel Oakvale (and some people still have trouble remembering that expulsion is no longer a thing) etc. etc.

Doof Presidency - Was focused on two things - infrastructure and health care. Great Goals, mind you. But they don't really go well with balancing the budget.

Fhtagn Presidency - Spent several months ignoring the deficit (and the unemployment situation, though that was a separate issue) until it nearly lost re-election over the issue. Even after that, wasn't great.

Yankee Presidency (2018) - The Administration actually did pretty well. Congress, on the other hand, was very contentious and failed to come to real solutions.

WB Presidency - Did nothing.

But I'm glad the Tmth (Fed) Presidency and the underlying DPC & Congress is finally getting on top of this.

[P. Clodius Pulcher did nothing wrong]

Aye

[Lumine]

With a unanimous vote, the budget passes the House of Representatives.

HOUSE RESOLUTION

Be it Resolved in Both Houses of Congress Assembled

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

House of Representatives
Passed 9-0 in the Atlasian House of Representatives assembled,