SB 110-25: Federal Budget FY2023

[Saint Milei]

Section 2: Spending

Military Spending ($341.00 Billion)             
$100.00 Billion... Military personnel             
$150.00 Billion... Operation and maintenance             
$75.00 Billion... Procurement             
$25.00 Billion ... Research, development, test and evaluation             
$15.00 Billion..... Military Construction, Family Housing and Other             
$6.00 Billion.... Atomic Energy Defense Activities             
$8.11 Billion..... Defense Related activities           
$0.00 Billion..... Fiscal Responsibility in our Military Act
$-30.00 Billion… F-35 Procurement Halt
                           
Military Retirement ($230.00 Billion)                           
$100.00 Billion.... Income security for veterans             
$20.00 Billion.... Veterans education, training, and rehabilitation                           
$100.00 Billion.... Hospital and medical care for veterans and retired military (added in under Healthcare below)               
$10.00 Billion..... Housing and other veterans benefits and services 

Amendment

[Saint Milei]

Well seeing that no one objected, and the 24 hours is up, I guess my amendment is adopted

[Saint Milei]

Section 1: Revenues

Income Taxes:  $ 2,117,044,276,550.00  ($ 2,117.04 billion)
 by tax bracket (all revenue from each taxpayer is counted next to the bracket where their total income falls, including that from the parts of their income subject to lower rates)
 0-13K          10%   0% $ 12,700,800,000.00 ($ 12.70 billion)
 13K-50k      15%  0%   $ 297,239,775,000.00 ($ 297.24 billion)
 50K-75k       5%
75-130K   25% 15%   $ 812,899,937,500.00 ($ 812.90 billion)
 130K-210K  31%  $452,282,000,000.00 ($ 452.28 Billion)    
 210K-413K  38%  $317,099,000,000.00 ($ 317.10 Billion)
 413K-441K  45%   $ 68,463,281,250.00 ($ 68.46 billion)
 441K+      45% 50%   $ 156,359,482,800.00 ($ 156.36 billion)

Not sure what the revenue calculation will be but amendment

[Saint Milei]

Administration of justice ($51.911752.29175 Billion)             
$27.157 Billion  $10 billion.... Federal law enforcement
$13.938 Billion.... Federal litigation and judicial activities             
$6.2687 Billion..... Federal prison system
$0.38 Billion….. Treating Incarcerated Prisoners Humanely Act (one-time)     
$0.00005 Billion….. TACMIF allocation for the above
$4.24 Billion..... Criminal justice assistance 
$0.74 Billion..... Federal Penitentiary Reform Act Provisions     
$-0.432 Billion…. General Criminal Justice Savings

amendment

[Saint Milei]

Administration of justice ($51.911752.29175 Billion)             
$27.157 Billion  $10 billion.... Federal law enforcement
$13.938 Billion.... Federal litigation and judicial activities             
$6.2687 Billion..... Federal prison system
$0.38 Billion….. Treating Incarcerated Prisoners Humanely Act (one-time)     
$0.00005 Billion….. TACMIF allocation for the above
$4.24 Billion..... Criminal justice assistance 
$0.74 Billion..... Federal Penitentiary Reform Act Provisions     
$-0.432 Billion…. General Criminal Justice Savings

amendment

I assume the 27.157 billion is supposed to be crossed out and replaced with 10 billion, correct?

yes

[Saint Milei]

aye on both

[Saint Milei]

I didn't do the calculations on how much would be raised by increasing taxes on higher earners. with my first amendment (the one not objected to), 50 billion was cut overall after a 90 billion increase for veterans and a 140 billion cut on defense. if the issue is a balanced budget, i can go further with the hike on higher income earners.


or maybe i should just offer individual amendments so we can see where revenue works this time? Is that ok if this is voted down?

[Saint Milei]

Income Taxes:  $ 2,117,044,276,550.00  ($ 2,117.04 billion)
 by tax bracket (all revenue from each taxpayer is counted next to the bracket where their total income falls, including that from the parts of their income subject to lower rates)
 0-13K          10%    $ 12,700,800,000.00 ($ 12.70 billion)
 13K-50k      15%    $ 297,239,775,000.00 ($ 297.24 billion)
 50K-130K   25%    $ 812,899,937,500.00 ($ 812.90 billion)
 130K-210K  31%  $452,282,000,000.00 ($ 452.28 Billion)   
 210K-413K  38%  $317,099,000,000.00 ($ 317.10 Billion)
 413K-441K  45%   $ 68,463,281,250.00 ($ 68.46 billion)
 441K+       45% 50%  $ 156,359,482,800.00 ($ 156.36 billion)

Amendment


Don't worry feds, I have a plan lol. Can someone give me the numbers for this?

[Saint Milei]

since no objections

Administration of justice ($34.911752.29175 Billion)             
$27.157 Billion $10 Billion.... Federal law enforcement
$13.938 Billion.... Federal litigation and judicial activities             
$6.2687 Billion..... Federal prison system
$0.38 Billion….. Treating Incarcerated Prisoners Humanely Act (one-time)     
$0.00005 Billion….. TACMIF allocation for the above
$4.24 Billion..... Criminal justice assistance 
$0.74 Billion..... Federal Penitentiary Reform Act Provisions     
$-0.432 Billion…. General Criminal Justice Savings

amendment

[Saint Milei]

aye

[Saint Milei]

Corporate Taxes: 25%20% – $ 440,476,190,000.00 ($ 440.48 billion)

amendment

[Saint Milei]

$4.300 Billion..... Agricultural research and services

Amendment

[Saint Milei]

Excise Taxes/customs duties:
Carbon Tax (2018) – $ 10.35 billion*
Gasoline Tax (2018) – $ 25.00 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 – $ 55.19 billion
LIFO Repeal Offset – $ 13.00 billion
Buffett Rule Act of 2019: $30.00 billion

Amendment

[Saint Milei]

Nay