2011 (2011) Budget of the United States federal government
Submitted
February 1, 2010[1]
Submitted by
Barack Obama
Submitted to
111th Congress
Total revenue
$2.567 trillion (requested)[2] $2.303 trillion (actual)[3] 15.0% of GDP (actual)[4]
Total expenditures
$3.834 trillion (requested)[2] $3.603 trillion (actual)[3] 23.4% of GDP (actual)[4]
Deficit
$1.645 trillion (requested) 10.9% of GDP $1.30 trillion (actual)[5] 8.5% of GDP (actual)[4]
Debt
$14.764 trillion (at fiscal end) 96.0% of GDP[6]
GDP
$15.379 trillion[4]
Website
Office of Management and Budget
‹ 2010
2012›
The 2011 United States federal budget was the United States federal budget to fund government operations for the fiscal year 2011. The budget was the subject of a spending request by President Barack Obama.[7][8] The actual appropriations for Fiscal Year 2011 had to be authorized by the full Congress before it could take effect, according to the U.S. budget process.
No budget was passed by the September 30 deadline, and the government was funded by a series of seven continuing resolutions continuing funding at or near 2010 levels. The budget negotiations culminated in early April 2011, with a tense legislative standoff leading to speculation that the nation would face its first government shutdown since 1995. However, a deal containing $38.5 billion in cuts from 2010 funding levels was reached with just hours remaining before the deadline. The 2011 budget was enacted on April 15, 2011, as Public Law 112-10, the Department of Defense and Full-Year Continuing Appropriations Act, 2011.[9]
^"Congressional Record - S390" (PDF). Government Publishing Office. Retrieved March 20, 2015.
^ ab"Summary Tables". 2011 Budget of the U.S. Government. United States Office of Management and Budget. February 1, 2010. Retrieved December 8, 2011.
^ ab"Summary Tables". 2013 Budget of the U.S. Government. United States Office of Management and Budget. February 13, 2012. Retrieved March 15, 2013.
^ abcd"Table 1.2—SUMMARY OF RECEIPTS, OUTLAYS, AND SURPLUSES OR DEFICITS (–) AS PERCENTAGES OF GDP: 1930–2020" (PDF). Government Publishing Office. Retrieved October 8, 2015.
^"Table 1.1—SUMMARY OF RECEIPTS, OUTLAYS, AND SURPLUSES OR DEFICITS (–): 1789–2020" (PDF). Government Publishing Office. Retrieved October 9, 2015.
^"Fiscal Year 2016 Budget Historical Tables" (PDF). Office of Management and Budget. Retrieved October 8, 2015.
^Kristi Keck (October 1, 2010). "Top 10 Fiscal New Year's Resolutions". CNN. Retrieved April 9, 2011.
^Sahadi, Jeanne (September 12, 2010). "New year, but no new federal budget – Sep. 12, 2010". CNN. Retrieved April 9, 2011.
^"Status of Appropriations Legislation for Fiscal Year 2011". THOMAS. Library of Congress. Archived from the original on April 7, 2011. Retrieved November 15, 2011.
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