SB 29-25: Federal Budget FY 2022 (Passed)
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  SB 29-25: Federal Budget FY 2022 (Passed)
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Author Topic: SB 29-25: Federal Budget FY 2022 (Passed)  (Read 7377 times)
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Just Passion Through
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« Reply #125 on: January 26, 2022, 10:59:25 PM »

According to the noticeboard, there is room for one more bill submitted by the president as well as an emergency slot.PPT WD, please open a separate thread for the authorizations bill. This, and the budget, must be passed soon.
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« Reply #126 on: February 02, 2022, 09:08:41 PM »

So. Is it ready?
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« Reply #127 on: February 09, 2022, 02:01:39 PM »

So here is the old budget:

Quote from: Final Senate Text
Quote
Quote
FEDERAL BUDGET: FY2021

Section 1: Revenues

Income Taxes:  $ 1,735,038,900,000.00  ($ 1735.04 billion)                           
 by tax bracket
 0-13K      10%  $ 132,602,630,929.00
 13K-50k    15%    $ 447,780,682,763.00                   
 50K-130K   25%        $ 535,512,271,234.00               
 130K-210K  29%       $ 188,700,479,643.00                     
 210K-413K  34%       $ 220,320,135,498.00                         
 413K-441K  36%        $ 75,481,993,752.00                   
 441K+      40.6%      $ 134,640,706,551.00                     
                                           
Corporate Taxes:  $ 347,763,510,122.19  ($ 347.76 billion)
 by tax bracket                                           
 0-100K     0%        $ 0.00               
 100K-1M    15%        $ 2,678,940,033.99               
 1M-10M     21.5%    $ 5,172,280,041.70                   
 10M+       28%         $ 339,912,290,046.51                   
                                                                                         
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 $ 3.5 million, 50% above $ 10 million, 55% above $ 50 million
 $ 34,500,000,000.00
$16.00 Billion.... Amendment by the Responsible Estate Tax Act
Total: $50.5 Billion


New 2020 Wealth Tax
$288.00 Billion


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
 LIFO Repeal Offset… $ 13,000,000,000.00       

Buffett Rule Act of 2019: $46.7 Billion           
                       
Other Revenue:  $ 30.209 Billion                   
                       
Additional tax credits:  $ -39.40 Billion
                       
TOTAL Revenue: $ 3973.83 Billion

Quote
Section 2: 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
$-15.25 Billion… F-35 Procurement Halt

                           
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 ($185.18 Billion)               
$11.26 Billion.... National Science Foundation programs               
$4.55 Billion..... Department of Energy general science programs               
$169.37 Billion.... Space flight, research, and supporting activities
$154.00 Billion.... Space Exploration, Development, and Settlement Act
-$154.00 Billion.... Delay on the implementation of the Space Exploration, Development, and Settlement Act
             
               
Non-Defense Energy Spending ($47.393 Billion)               
$3.15 Billion..... Energy supply               
$1.11 Billion..... Energy conservation and preparedness               
$0.64 Billion..... Energy information, preparedness, & regulation 
$10.00 Billion.... Energy Rebate and Subsidy Act   
$32.50 Billion.... Gas Tax Act     
$-0.007 Billion…. Eliminated Ethanol Blending Rules
           
Natural resources and environment ($34.58 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   
               
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 ($0.79 Billion)               
$-22.33 Billion... Federal Housing Loan Programs               
$2.69 Billion..... Postal service               
$2.50 Billion..... Deposit insurance               
$10.20 Billion.... Universal service fund               
$7.70 Billion..... Other advancement of commerce
$-0.17 Billion…. Eliminated Capital Construction Grants   
$0.20 Billion… Supporting Atlasian Entrepreneurs Act         
               
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 ($33.425 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
$10.00 Billion…. Appalachia Reinvestment Act
$15.00 Billion…. Reservation Reinvestment Act
               
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 ($19.536 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
$1.00 Billion.... Agency of Cooperative Enterprises (see Act to encourage the growth of worker owned enterprises)
               
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 ($67.67 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             
$10.00 Billion…. Opioid Epidemic Commission
$0.3 Billion.... Comprehensive Opioid Response Act
$0.40 Billion.... Women's Health Protection Act
 
               
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 ($3.87 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
-$0.03 Billion.... Coin Composition Revision Act

One Time Coronavirus Stimulus spending ($5295.126 Billion)
$9.226 Billion.... Coronavirus Containment and Emergency Response Act
$4807 Billion.... Economic Stimulus Act of 2020
$478.90 Billion.... JOBS AND PAY DURING THE CORONAVIRUS PANDEMIC ACT

               
Interest on debt ($295.40 Billion)               
$295.40 Billion... Net Interest

Section 3: Balance

BASE REVENUE:     $ 3973.830 Billion
Inflation Accounting: *1.012
TOTAL REVENUE: $ 4021.52 Billion

Fixed Expenditures: $ 36.05 Billion
Variable Expenditures:  $ 3979.45 Billion
One time Expenditures: $ 5295.126 Billion
Interest on Debt: $ 295.40 Billion
BASE EXPENDITURES: $9606.026 Billion
Inflation Accounting: *1.012
TOTAL EXPENDITURES: $ 9721.30 Billion
BALANCE: $ -5699.78 Billion

Section 4: Miscellaneous regulations
1. This budget shall become enacted immediately after passage
2. This budget shall ordinarily remain in efect until the 31st of December, 2021
3. All previous bills that modify the existing tax rates are hereby amended, so that their tax rates match those from this budget
4. The implementation of section 4 of the the Space Exploration, Development, and Settlement Act is hereby rolled back by 1 year and shall not apply until 2022
5. The old wealth tax from before 2020 is hereby repealed and abolished, and replaced with the new wealth tax from the Wealth Tax Act of 2020.

People's Regional Senate
Passed 4-0-0-2 in the Atlasian Senate Assembled


The adjustments we need to make at minimum include winding down of stimulus funds and incorporating new spending.

I think it's best to update this once the authorizations bill is passed, which includes some emergency spending (namely the Paflagonia aid and the Transportation funds to alleviate our supply problem).
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Just Passion Through
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« Reply #128 on: February 10, 2022, 01:15:14 PM »
« Edited: February 13, 2022, 10:53:45 AM by President Scott☀️ »

And now without further delay, the new budget. All authorization bills have been accounted for and the one-time COVID spending has been removed and subtracted from the year's expenditures (not from the overall deficit). I do not know how to calculate the interest and may need help on that, but I used all the information I had.

Anyway, I would encourage all senators to look at the bill closely, but this is probably going to pass along party lines regardless, so do what you will and all.

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FEDERAL BUDGET: FY2022

Section 1: Revenues

Income Taxes:  $ 2,062,727,012,500.00  ($ 2,062.73 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  29%      $ 445,079,250,000.00 ($ 445.08 billion)
 210K-413K  34%      $ 298,965,625,000.00 ($ 298.97 billion)
 413K-441K  36%      $ 54,770,625,000.00 ($ 54.77 billion)
 441K+        40.6%   $ 141,071,000,000.00 ($ 141.07 billion)

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

Global Minimum Tax (effective FY2023): 0$

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 ($ 912.46 billion)
 RRPH: 5.0% (2.5% on employees, 2.5% on employers) - $ 367,925,964,130.71 ($ 367.93 billion)
 FUTA: 6.0% on first $7,000 - $ 45,193,067,010.00 ($ 45.19 billion)

Estate Tax (45% of amount above $ 3.5 million, 50% above $ 10 million, 55% above $ 50 million) - $ 34,500,000,000.00 ($ 34.50 billion)
$16.00 billion.... Amendment by the Responsible Estate Tax Act
Total: $50.50 billion


New 2020 Wealth Tax
$288.00 billion


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 - $ 63.19 billion
LIFO Repeal Offset… $ 13.00 billion

Buffett Rule Act of 2019: $46.70 billion

Other Revenue: $ 30.21 billion

Additional tax credits: $ -39.40 billion

TOTAL Revenue: $ 4394.24 billion

Quote
Section 2: 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
$-15.25 Billion… F-35 Procurement Halt

                            
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 ($31.95 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
$0.1 Billion... Paflagonia Support Act
              
General science, space, and technology ($185.18 Billion)              
$11.26 Billion.... National Science Foundation programs              
$4.55 Billion..... Department of Energy general science programs              
$169.37 Billion.... Space flight, research, and supporting activities
$154.00 Billion.... Space Exploration, Development, and Settlement Act
-$154.00 Billion.... Delay on the implementation of the Space Exploration, Development, and Settlement Act        
              
Non-Defense Energy Spending ($47.393 Billion)              
$3.15 Billion..... Energy supply              
$1.11 Billion..... Energy conservation and preparedness              
$0.64 Billion..... Energy information, preparedness, & regulation  
$10.00 Billion.... Energy Rebate and Subsidy Act    
$32.50 Billion.... Gas Tax Act    
$-0.007 Billion…. Eliminated Ethanol Blending Rules
            
Natural resources and environment ($34.58 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  
              
Agriculture ($19.547 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
$0.15 Billion... Farmer Stabilization Act of 2021
              
Commerce and Housing Loan Programs ($0.79 Billion)              
$-22.33 Billion... Federal Housing Loan Programs              
$2.69 Billion..... Postal service              
$2.50 Billion..... Deposit insurance              
$10.20 Billion.... Universal service fund              
$7.70 Billion..... Other advancement of commerce
$-0.17 Billion…. Eliminated Capital Construction Grants    
$0.20 Billion… Supporting Atlasian Entrepreneurs Act          
              
Transportation ($92.3926 Billion)                
$67.40 Billion.... Ground Transportation            
$16.20 Billion.... Air Transportation              
$8.4015 Billion..... Water transportation              
$0.38 Billion..... Other transportation
$241 Billion... High Speed Rail Act
$.032 Billion... Emergency funding appropriated from the New Great Society Act to help states and regions improve the commercial driving license process and bolster the number of truckers to alleviate the supply chain crisis.
        
Community and regional development ($33.425 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
$10.00 Billion…. Appalachia Reinvestment Act
$15.00 Billion…. Reservation Reinvestment Act
$390.00 Billion... 21st Century Civilian Conservation Corps Act
$40 Billion... Let's Get Wired Act

              
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 ($19.536 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
$1.00 Billion.... Agency of Cooperative Enterprises (see Act to encourage the growth of worker owned enterprises)
              
Atlasian Healthcare ($1275.14 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
$7 Billion... Vaccine Production Act

Non-ANH Health Spending ($67.69 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            
$10.00 Billion…. Opioid Epidemic Commission
$0.3 Billion.... Comprehensive Opioid Response Act
$0.40 Billion.... Women's Health Protection Act
$0.025 Billion... National Silver Act
$0.003 Billion... Reduction of Childcare Costs Act
              
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 ($3.87 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
-$0.03 Billion.... Coin Composition Revision Act
              
Interest on debt ($295.40 Billion)              
$295.40 Billion... Net Interest

Section 3: Balance

BASE REVENUE:     $ 3973.830 Billion
Inflation Accounting: *1.012
TOTAL REVENUE: $ 4021.52 Billion

Fixed Expenditures: $ 36.05 Billion
Variable Expenditures:  $ 3979.45 Billion
One time Expenditures: $ 5295.126 Billion
Interest on Debt: $ 295.40 Billion
BASE EXPENDITURES: $9606.026 Billion
Inflation Accounting: *1.012
TOTAL EXPENDITURES: $2341.126
BALANCE: -$86538 Billion

Section 4: Miscellaneous regulations
1. This budget shall become enacted immediately after passage
2. This budget shall ordinarily remain in effect until FY2023.
3. All previous bills that modify the existing tax rates are hereby amended, so that their tax rates match those from this budget
4. The implementation of section 4 of the the Space Exploration, Development, and Settlement Act is hereby rolled back by 1 year and shall not apply until 2022
5. The old wealth tax from before 2020 is hereby repealed and abolished, and replaced with the new wealth tax from the Wealth Tax Act of 2020.

People's Regional Senate

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WD
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« Reply #129 on: February 10, 2022, 01:17:50 PM »

I will be opening a final vote in 24 hours, baring objection.
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« Reply #130 on: February 10, 2022, 03:01:00 PM »

I object.
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« Reply #131 on: February 10, 2022, 06:23:05 PM »


Withdrawn.
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« Reply #132 on: February 10, 2022, 07:44:29 PM »

Honestly, I'd rather we let Cao and especially Yankee give this bill a final look before we vote. We have been discussing the best way to go about this on Discord (hate us for it if you must, but it is convenient...). I've been acting like more of a partisan jackass than usual, that I will admit. (And WM and I have, for the record, been working things out in private.) But I want the people who are more knowledgeable on budgetary issues, and all its crevices, to take a look at what I've submitted before the whole Senate votes.

To clarify: I did not present this budget to anyone before submitting it in this thread.
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« Reply #133 on: February 10, 2022, 10:54:21 PM »


On that note, I would like to ask Senator Yankee a question for clarification. Senator WM expressed to me that passing the authorization bill separately from the budget was akin to "passing the budget twice". I know that was not quite your intention in the budget reform law you wrote, so how did you envision the process to go, exactly? Were the authorizations supposed to be passed concurrently with the budget in the same vote?

Ultimately, that is what troubles me about the partisanship of that vote. There was no communication, and you didn't answer my question in the Discord chat, so I pretty much went the rest of it alone because I just wanted the budget done and April's blueprint ready. If the authorization bill failed, I would've had no choice but to reintroduce it.
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« Reply #134 on: February 11, 2022, 06:12:36 AM »
« Edited: February 11, 2022, 11:28:08 AM by President Scott☀️ »

I'm going to respectfully ask the Senate to hold off on a final vote until Yankee can answer my question and also have a look at this.
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WD
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« Reply #135 on: February 11, 2022, 11:11:49 AM »

Withdrawing my motion for a final vote, pending a response from Senator Yankee.
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« Reply #136 on: February 12, 2022, 01:18:41 PM »

I'm going to have a full amendment later on when I have my calculator with me, but some of the spending figures don't match their breakdowns.
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Southern Senator North Carolina Yankee
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« Reply #137 on: February 12, 2022, 09:14:22 PM »


On that note, I would like to ask Senator Yankee a question for clarification. Senator WM expressed to me that passing the authorization bill separately from the budget was akin to "passing the budget twice". I know that was not quite your intention in the budget reform law you wrote, so how did you envision the process to go, exactly? Were the authorizations supposed to be passed concurrently with the budget in the same vote?

Ultimately, that is what troubles me about the partisanship of that vote. There was no communication, and you didn't answer my question in the Discord chat, so I pretty much went the rest of it alone because I just wanted the budget done and April's blueprint ready. If the authorization bill failed, I would've had no choice but to reintroduce it.

The authorizations are the line items scattered throughout the various bills we pass. There was never any consideration of doing an omnibus authorization bill like WD and you have in mind. There is nothing to prevent an administration from doing it, especially if they want to advance an agenda, but I didn't desire to add another layer as a regular process when we have still yet to get this right with just one layer.

The only reason that I referenced "Authorizations" at all, was to end the practice of each individual bill appropriating money, thus necessitating the President to be compiler in chief. By deeming them "authorizations", it means that the President is not obligated to collect them all, rather it is the job of Senators to fight for appropriations to carry out these authorized programs.


To put it graphical form:
1. Dozens of bills passed throughout year containing spending = Authorizations = must be specific dollar amounts
2. Budget = Appropriations = Proposed by the administration in the Spring for the Fiscal year starting the following October.
3. Senate Debates the budget and passed it by the beginning of the fiscal year that it is far with two months of lead time (That August 1st cutoff) for practicality reasons.
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« Reply #138 on: February 12, 2022, 09:58:10 PM »

Also to comment on the partisanship of the authorization vote, it would be unreasonable to expect people who voted against bills such as New Great Society, to vote to "authorize" large expenditures for them because that is essentially the same as repassing the same line items even if altered somewhat. Both the line items in the original bill and those in the Authorizations bill, are considered "authorizations" under the law.

It would very much be reasonable to expect that any such "omnibus" authorizations adjustment done to reflect administration priorities would necessarily end up becoming partisan or at least controversial.

As for you leaving you alone, I am deeply sorry about that, but between work and school over the past two weeks particularly, with the added layer of handling the usual red tape that comes with transferring and such, tax season and a number of such things, I had to put real life first. At work we had to train nearly 15 people in less than two weeks or so, to replace the massive wipe out of our crew just after the holidays. I apologize for not being able to clarify these points sooner and help with the final lift.
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« Reply #139 on: February 13, 2022, 12:11:14 AM »

I appreciate you clearing things up, Yankee. Real life always comes first. And I'm relieved to know we don't have to pass separate authorization bills again; I completely misunderstood you when you referred to authorization bills.

And thanks to Cao for being another set of eyes. I did try to recalculate some things; for instance, we are no longer funding COVID stimulus programs because the economy, presumably, is doing much better now than it was a year or two ago. I removed the COVID spending that was in the last budget, and tried to reflect that in the new budget by simply not adding those temporary spending measures again.

It's very likely I missed something given I'm bad at math
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« Reply #140 on: February 13, 2022, 01:44:56 AM »

It's very likely I missed something given I'm bad at math

The nice thing about my online statistics course is, most everything is worked out in excel.

=Sum(A1:A20) is so amazing. Tongue

Not an option on the tests unfortunately.
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« Reply #141 on: February 13, 2022, 10:44:51 AM »

It's very likely I missed something given I'm bad at math

You entirely missed the updated revenues I calculated, and copied the old ones instead, but I suppose it's a case of distraction more than being bad at Maths.
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« Reply #142 on: February 13, 2022, 11:02:14 AM »

It's very likely I missed something given I'm bad at math

You entirely missed the updated revenues I calculated, and copied the old ones instead, but I suppose it's a case of distraction more than being bad at Maths.

Thanks, I did forget that. I added it to the budget but I'm also noticing bills that probably shouldn't be in the FY20222 budget (like eliminating the penny). I'm going to have to reassess some of these and recalculate.
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« Reply #143 on: February 15, 2022, 12:50:42 AM »

It's very likely I missed something given I'm bad at math

You entirely missed the updated revenues I calculated, and copied the old ones instead, but I suppose it's a case of distraction more than being bad at Maths.

Thanks, I did forget that. I added it to the budget but I'm also noticing bills that probably shouldn't be in the FY20222 budget (like eliminating the penny). I'm going to have to reassess some of these and recalculate.

The eliminated penny, or the CCRA?
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« Reply #144 on: February 18, 2022, 08:02:56 PM »

Whew. Okay. So I updated the final expenditures, removed redundant legislation for the last budget, and calculated our new debt, without accounting for interest numbers.

Once again I'm going to invite Cao and Yankee to take another look, and then request a vote if Yankee signals we're ready. I'm tired, cranky, and I want the damn thing passed.

Quote
Quote
Quote
Quote
FEDERAL BUDGET: FY2022

Section 1: Revenues

Income Taxes:  $ 2,062,727,012,500.00  ($ 2,062.73 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  29%      $ 445,079,250,000.00 ($ 445.08 billion)
 210K-413K  34%      $ 298,965,625,000.00 ($ 298.97 billion)
 413K-441K  36%      $ 54,770,625,000.00 ($ 54.77 billion)
 441K+        40.6%   $ 141,071,000,000.00 ($ 141.07 billion)

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

Global Minimum Tax (effective FY2023): 0$

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 ($ 912.46 billion)
 RRPH: 5.0% (2.5% on employees, 2.5% on employers) - $ 367,925,964,130.71 ($ 367.93 billion)
 FUTA: 6.0% on first $7,000 - $ 45,193,067,010.00 ($ 45.19 billion)

Estate Tax (45% of amount above $ 3.5 million, 50% above $ 10 million, 55% above $ 50 million) - $ 34,500,000,000.00 ($ 34.50 billion)
$16.00 billion.... Amendment by the Responsible Estate Tax Act
Total: $50.50 billion


New 2020 Wealth Tax
$288.00 billion


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 - $ 63.19 billion
LIFO Repeal Offset… $ 13.00 billion

Buffett Rule Act of 2019: $46.70 billion

Other Revenue: $ 30.21 billion

Additional tax credits: $ -39.40 billion

TOTAL Revenue: $ 4394.24 billion

Quote
Section 2: 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
$-15.25 Billion… F-35 Procurement Halt
                           
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             
                           
International affairs ($31.96 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
$0.1 Billion... Paflagonia Support Act
               
General science, space, and technology ($185.18 Billion)               
$11.26 Billion.... National Science Foundation programs               
$4.55 Billion..... Department of Energy general science programs               
$169.37 Billion.... Space flight, research, and supporting activities
$154.00 Billion.... Space Exploration, Development, and Settlement Act
-$154.00 Billion.... Delay on the implementation of the Space Exploration, Development, and Settlement Act         
               
Non-Defense Energy Spending ($47.393 Billion)               
$3.15 Billion..... Energy supply               
$1.11 Billion..... Energy conservation and preparedness               
$0.64 Billion..... Energy information, preparedness, & regulation 
$10.00 Billion.... Energy Rebate and Subsidy Act   
$32.50 Billion.... Gas Tax Act     
$-0.007 Billion…. Eliminated Ethanol Blending Rules
           
Natural resources and environment ($34.58 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   
               
Agriculture ($19.562 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
$0.15 Billion... Farmer Stabilization Act of 2021
               
Commerce and Housing Loan Programs ($0.79 Billion)               
$-22.33 Billion... Federal Housing Loan Programs               
$2.69 Billion..... Postal service               
$2.50 Billion..... Deposit insurance               
$10.20 Billion.... Universal service fund               
$7.70 Billion..... Other advancement of commerce
$-0.17 Billion…. Eliminated Capital Construction Grants   
$0.20 Billion… Supporting Atlasian Entrepreneurs Act         
               
Transportation ($333.424 Billion)               
$67.40 Billion.... Ground Transportation             
$16.20 Billion.... Air Transportation               
$8.4015 Billion..... Water transportation               
$0.38 Billion..... Other transportation
$241 Billion... High Speed Rail Act
$.032 Billion... Emergency funding appropriated from the New Great Society Act to help states and regions improve the commercial driving license process and bolster the number of truckers to alleviate the supply chain crisis.
         
Community and regional development ($463.425 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
$10.00 Billion…. Appalachia Reinvestment Act
$15.00 Billion…. Reservation Reinvestment Act
$390.00 Billion... 21st Century Civilian Conservation Corps Act
$40 Billion... Let's Get Wired Act

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 ($19.536 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
$1.00 Billion.... Agency of Cooperative Enterprises (see Act to encourage the growth of worker owned enterprises)
               
Atlasian Healthcare ($1282.14 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
$7 Billion... Vaccine Production Act

Non-ANH Health Spending ($67.718 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             
$10.00 Billion…. Opioid Epidemic Commission
$0.3 Billion.... Comprehensive Opioid Response Act
$0.40 Billion.... Women's Health Protection Act
$0.025 Billion... National Silver Act
$0.003 Billion... Reduction of Childcare Costs Act
               
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 ($3.87 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
$0.002 Billion…. Mandatory Tampons in Restrooms
               
Interest on debt ($295.40 Billion)               
$295.40 Billion... Net Interest

Section 3: Balance

BASE REVENUE:     $ 3973.830 Billion
Inflation Accounting: *1.012
TOTAL REVENUE: $ 4021.52 Billion

Fixed Expenditures: $ 36.05 Billion
Variable Expenditures:  $ 3979.45 Billion
One time Expenditures: $ 5295.126 Billion
Interest on Debt: $ 295.40 Billion
BASE EXPENDITURES: $3,768,341,106 Billion
Inflation Accounting: *1.012
TOTAL EXPENDITURES: $2341.126
BALANCE: -$920,898,894,000

Section 4: Miscellaneous regulations
1. This budget shall become enacted immediately after passage
2. This budget shall ordinarily remain in effect until FY2023.
3. All previous bills that modify the existing tax rates are hereby amended, so that their tax rates match those from this budget
4. The implementation of section 4 of the the Space Exploration, Development, and Settlement Act is hereby rolled back by 1 year and shall not apply until 2022
5. The old wealth tax from before 2020 is hereby repealed and abolished, and replaced with the new wealth tax from the Wealth Tax Act of 2020.

People's Regional Senate

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« Reply #145 on: February 21, 2022, 06:41:17 PM »

Courtesy of Battista: fixes to Sections 3 and 4. I'm going to allow Yankee, Cao, and anyone else a few days to give this a final looksie and then request a final vote. We're just about done and the budget will be ready before the next government is sworn in.

Quote
Quote
Quote
Quote
FEDERAL BUDGET: FY2022

Section 1: Revenues

Income Taxes:  $ 2,062,727,012,500.00  ($ 2,062.73 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  29%      $ 445,079,250,000.00 ($ 445.08 billion)
 210K-413K  34%      $ 298,965,625,000.00 ($ 298.97 billion)
 413K-441K  36%      $ 54,770,625,000.00 ($ 54.77 billion)
 441K+        40.6%   $ 141,071,000,000.00 ($ 141.07 billion)

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

Global Minimum Tax (effective FY2023): 0$

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 ($ 912.46 billion)
 RRPH: 5.0% (2.5% on employees, 2.5% on employers) - $ 367,925,964,130.71 ($ 367.93 billion)
 FUTA: 6.0% on first $7,000 - $ 45,193,067,010.00 ($ 45.19 billion)

Estate Tax (45% of amount above $ 3.5 million, 50% above $ 10 million, 55% above $ 50 million) - $ 34,500,000,000.00 ($ 34.50 billion)
$16.00 billion.... Amendment by the Responsible Estate Tax Act
Total: $50.50 billion


New 2020 Wealth Tax
$288.00 billion


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 - $ 63.19 billion
LIFO Repeal Offset… $ 13.00 billion

Buffett Rule Act of 2019: $46.70 billion

Other Revenue: $ 30.21 billion

Additional tax credits: $ -39.40 billion

TOTAL Revenue: $ 4394.24 billion

Quote
Section 2: 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
$-15.25 Billion… F-35 Procurement Halt
                           
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             
                           
International affairs ($31.96 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
$0.1 Billion... Paflagonia Support Act
               
General science, space, and technology ($185.18 Billion)               
$11.26 Billion.... National Science Foundation programs               
$4.55 Billion..... Department of Energy general science programs               
$169.37 Billion.... Space flight, research, and supporting activities
$154.00 Billion.... Space Exploration, Development, and Settlement Act
-$154.00 Billion.... Delay on the implementation of the Space Exploration, Development, and Settlement Act         
               
Non-Defense Energy Spending ($47.393 Billion)               
$3.15 Billion..... Energy supply               
$1.11 Billion..... Energy conservation and preparedness               
$0.64 Billion..... Energy information, preparedness, & regulation 
$10.00 Billion.... Energy Rebate and Subsidy Act   
$32.50 Billion.... Gas Tax Act     
$-0.007 Billion…. Eliminated Ethanol Blending Rules
           
Natural resources and environment ($34.58 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   
               
Agriculture ($19.562 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
$0.15 Billion... Farmer Stabilization Act of 2021
               
Commerce and Housing Loan Programs ($0.79 Billion)               
$-22.33 Billion... Federal Housing Loan Programs               
$2.69 Billion..... Postal service               
$2.50 Billion..... Deposit insurance               
$10.20 Billion.... Universal service fund               
$7.70 Billion..... Other advancement of commerce
$-0.17 Billion…. Eliminated Capital Construction Grants   
$0.20 Billion… Supporting Atlasian Entrepreneurs Act         
               
Transportation ($333.424 Billion)               
$67.40 Billion.... Ground Transportation             
$16.20 Billion.... Air Transportation               
$8.4015 Billion..... Water transportation               
$0.38 Billion..... Other transportation
$241 Billion... High Speed Rail Act
$.032 Billion... Emergency funding appropriated from the New Great Society Act to help states and regions improve the commercial driving license process and bolster the number of truckers to alleviate the supply chain crisis.
         
Community and regional development ($463.425 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
$10.00 Billion…. Appalachia Reinvestment Act
$15.00 Billion…. Reservation Reinvestment Act
$390.00 Billion... 21st Century Civilian Conservation Corps Act
$40 Billion... Let's Get Wired Act

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 ($19.536 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
$1.00 Billion.... Agency of Cooperative Enterprises (see Act to encourage the growth of worker owned enterprises)
               
Atlasian Healthcare ($1282.14 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
$7 Billion... Vaccine Production Act

Non-ANH Health Spending ($67.718 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             
$10.00 Billion…. Opioid Epidemic Commission
$0.3 Billion.... Comprehensive Opioid Response Act
$0.40 Billion.... Women's Health Protection Act
$0.025 Billion... National Silver Act
$0.003 Billion... Reduction of Childcare Costs Act
               
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 ($3.87 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
$0.002 Billion…. Mandatory Tampons in Restrooms
               
Interest on debt ($295.40 Billion)               
$295.40 Billion... Net Interest

Section 3: Balance

BASE REVENUE:     $ 4394.24 Billion
Inflation Accounting: *1.012
TOTAL REVENUE: $ 4446.97 Billion

Fixed Expenditures: $ 36.05 Billion
Variable Expenditures:  $ 4671.58 Billion
Interest on Debt: $ 295.40 Billion
BASE EXPENDITURES: $ 5003.03 Billion
Inflation Accounting: *1.012
TOTAL EXPENDITURES: $5063.06 Billion
BALANCE: -$616.09 Billion

Section 4: Miscellaneous regulations
1. This budget shall become enacted immediately after passage
2. This budget shall ordinarily remain in effect until FY2023.
3. All previous bills that modify the existing tax rates are hereby amended, so that their tax rates match those from this budget.
4. The implementation of section 4 of the the Space Exploration, Development, and Settlement Act is hereby rolled back by 1 year and shall not apply until 2023.

People's Regional Senate

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The world will shine with light in our nightmare
Just Passion Through
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Norway


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« Reply #146 on: February 22, 2022, 04:12:01 PM »

I'm going to request a final vote on Friday. I think we're basically done here, unless there's something we're missing.
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𝕭𝖆𝖕𝖙𝖎𝖘𝖙𝖆 𝕸𝖎𝖓𝖔𝖑𝖆
Battista Minola 1616
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Vatican City State


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« Reply #147 on: February 23, 2022, 08:56:27 AM »

I'm going to request a final vote on Friday. I think we're basically done here, unless there's something we're missing.

Hopefully we can have a smooth final vote this weekend and end our administration on a constructive note.
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Joseph Cao
Rep. Joseph Cao
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« Reply #148 on: February 24, 2022, 02:18:20 AM »

Clearing up the toplines.

Quote from: Amendment Offered
Quote
Quote
FEDERAL BUDGET: FY2022

Section 1: Revenues

Income Taxes:  $ 2,062,727,012,500.00  ($ 2,062.73 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  29%      $ 445,079,250,000.00 ($ 445.08 billion)
 210K-413K  34%      $ 298,965,625,000.00 ($ 298.97 billion)
 413K-441K  36%      $ 54,770,625,000.00 ($ 54.77 billion)
 441K+        40.6%   $ 141,071,000,000.00 ($ 141.07 billion)

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

Global Minimum Tax (effective FY2023): 0$

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 ($ 912.46 billion)
 RRPH: 5.0% (2.5% on employees, 2.5% on employers) - $ 367,925,964,130.71 ($ 367.93 billion)
 FUTA: 6.0% on first $7,000 - $ 45,193,067,010.00 ($ 45.19 billion)

Estate Tax (45% of amount above $ 3.5 million, 50% above $ 10 million, 55% above $ 50 million) - $ 34,500,000,000.00 ($ 34.50 billion)
$16.00 billion.... Amendment by the Responsible Estate Tax Act
Total: $50.50 billion


New 2020 Wealth Tax
$288.00 billion


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 - $ 63.19 billion
LIFO Repeal Offset… $ 13.00 billion

Buffett Rule Act of 2019: $46.70 billion

Other Revenue: $ 30.21 billion

Additional tax credits: $ -39.40 billion

TOTAL Revenue: $ 4394.24 billion

Quote
Section 2: Spending

Military Spending ($504.358 489.098 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
$-15.25 Billion… F-35 Procurement Halt
                           
Military Retirement ($144.0811 144.23 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             
                           
International affairs ($31.96 32.03 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
$0.1 Billion... Paflagonia Support Act
               
General science, space, and technology ($185.18 Billion)               
$11.26 Billion.... National Science Foundation programs               
$4.55 Billion..... Department of Energy general science programs               
$169.37 Billion.... Space flight, research, and supporting activities
$154.00 Billion.... Space Exploration, Development, and Settlement Act
-$154.00 Billion.... Delay on the implementation of the Space Exploration, Development, and Settlement Act         
               
Non-Defense Energy Spending ($47.393 Billion)               
$3.15 Billion..... Energy supply               
$1.11 Billion..... Energy conservation and preparedness               
$0.64 Billion..... Energy information, preparedness, & regulation 
$10.00 Billion.... Energy Rebate and Subsidy Act   
$32.50 Billion.... Gas Tax Act     
$-0.007 Billion…. Eliminated Ethanol Blending Rules
           
Natural resources and environment ($34.58 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   
               
Agriculture ($19.562 19.682 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
$0.15 Billion... Farmer Stabilization Act of 2021
               
Commerce and Housing Loan Programs ($0.79 Billion)               
$-22.33 Billion... Federal Housing Loan Programs               
$2.69 Billion..... Postal service               
$2.50 Billion..... Deposit insurance               
$10.20 Billion.... Universal service fund               
$7.70 Billion..... Other advancement of commerce
$-0.17 Billion…. Eliminated Capital Construction Grants   
$0.20 Billion… Supporting Atlasian Entrepreneurs Act         
               
Transportation ($333.424 333.4135 Billion)               
$67.40 Billion.... Ground Transportation             
$16.20 Billion.... Air Transportation               
$8.4015 Billion..... Water transportation               
$0.38 Billion..... Other transportation
$241 Billion... High Speed Rail Act
$.032 Billion... Emergency funding appropriated from the New Great Society Act to help states and regions improve the commercial driving license process and bolster the number of truckers to alleviate the supply chain crisis.
         
Community and regional development ($463.425 463.365 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
$10.00 Billion…. Appalachia Reinvestment Act
$15.00 Billion…. Reservation Reinvestment Act
$390.00 Billion... 21st Century Civilian Conservation Corps Act
$40 Billion... Let's Get Wired Act

Education ($73.7625 73.7525 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 ($19.536 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
$1.00 Billion.... Agency of Cooperative Enterprises (see Act to encourage the growth of worker owned enterprises)
               
Atlasian Healthcare ($1282.14 1268.14 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
$7 Billion... Vaccine Production Act

Non-ANH Health Spending ($67.718 67.698 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             
$10.00 Billion…. Opioid Epidemic Commission
$0.3 Billion.... Comprehensive Opioid Response Act
$0.40 Billion.... Women's Health Protection Act
$0.025 Billion... National Silver Act
$0.003 Billion... Reduction of Childcare Costs Act
               
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 ($903.24 903.23 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 51.9117 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 ($3.87 4.509 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
$0.002 Billion…. Mandatory Tampons in Restrooms
               
Interest on debt ($295.40 Billion)               
$295.40 Billion... Net Interest

Section 3: Balance

BASE REVENUE:     $ 4394.24 Billion
Inflation Accounting: *1.012
TOTAL REVENUE: $ 4446.97 Billion

Fixed Expenditures: $ 36.05 Billion
Variable Expenditures:  $ 4671.58 Billion
Interest on Debt: $ 295.40 Billion
BASE EXPENDITURES: $ 5003.03 Billion
Inflation Accounting: *1.012
TOTAL EXPENDITURES: $5063.06 Billion
BALANCE: -$616.09 Billion

Section 4: Miscellaneous regulations
1. This budget shall become enacted immediately after passage
2. This budget shall ordinarily remain in effect until FY2023.
3. All previous bills that modify the existing tax rates are hereby amended, so that their tax rates match those from this budget.
4. The implementation of section 4 of the the Space Exploration, Development, and Settlement Act is hereby rolled back by 1 year and shall not apply until 2023.

People's Regional Senate

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WD
Western Democrat
Junior Chimp
*****
Posts: 6,576
Ukraine


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« Reply #149 on: February 25, 2022, 03:10:42 AM »

Moving for a final vote. 24 hours to object.
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