Federal budget estimates, fiscal year 1998

The fiscal year 1998 budget that was submitted to the Congress by President Clinton on Feb 6, 1997, contains projected receipts of $1,566.8 billion, projected outlays of $1,687.5 billion, and a projected deficit of $120.6 billion. The projected receipts represent a projected increase of 4.1%, while...

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Bibliographic Details
Published inSurvey of Current Business Vol. 77; no. 3; pp. 8 - 14
Main Authors LaBella, Raymen G, Webb, Michael W
Format Journal Article Trade Publication Article
LanguageEnglish
Published Washington U.S. Government Printing Office 01.03.1997
Superintendent of Documents
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Summary:The fiscal year 1998 budget that was submitted to the Congress by President Clinton on Feb 6, 1997, contains projected receipts of $1,566.8 billion, projected outlays of $1,687.5 billion, and a projected deficit of $120.6 billion. The projected receipts represent a projected increase of 4.1%, while the outlays represent a projected increase of 3.5%, mostly as a result of increases in Social Security, Medicare, Commerce and Housing, and Health. Detailed statistics and analysis are provided.
ISSN:0039-6222
1937-4534