SB 110-25: Federal Budget FY2023

[Joseph Cao]

While we wait for a Senator to sponsor I would like to open with a word of prayer a message from the last President to pull a budget together:

The FY2023 budget, which comes in April,

A moment of silence will be observed.

Anyway, this owes a lot to the heroic work of Scott and Battista and Yankee and everyone else who worked on that budget and left a nice documentation of which appropriations happen at which times. Open it here if you're sure that your name is not visible, etc. This also incorporates the changes to the income and wealth tax brackets in the Funding the NGS Act, a few updated estimates for some other taxes, all the appropriations I could track down since Scott left office, and some fine-toothed combwork going through the other one-time spending bills, some of which have been there for years. As of the current calculations this erases about 80% of the deficit.

More work is urgently needed of course:

- I am still working out an impressive multi-year error in the carbon tax accounting
- We need to score the impact of the financial transaction tax
- And to recheck the spending figures for the newly added bills
- Scott informed me that negotiations are still to be carried out on the CUBI thresholds and whether we can make it less of a giveaway to the rich
- Whoever has a spare pair of eyes and/or calculator, please make sure there is an independent verification of those toplines once we've done all of the above

are the things I can think of off the top of my head. We have until the 30th before a continuing resolution is needed, let's see if we can polish all of these off in that time period.

I pulled this together over multiple sessions and a lot of the pen and paper annotations I did aren't with me now, but what I do have is spoilered below if anyone wants to check my work.

Spoiler alert! Click Show to show the content.

Show

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%    $ 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 Billon)   
 210K-413K  38%  $317,099,000,000.00 ($ 317.10 Billon)
 413K-441K  45%   $ 68,463,281,250.00 ($ 68.46 billion)
 441K+       45%   $ 156,359,482,800.00 ($ 156.36 billion)

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

Global Minimum Tax: $ 34.68 billion
https://www.taxpolicycenter.org/taxvox/how-senate-approved-corporate-minimum-tax-works
https://www.jct.gov/publications/2022/jcx-18-22/

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
$1,578.898B
$50M-1B: 74212 households
0.04*475M*74212=1410.028B
$1B-5B: 531 households
531(950M*0.04)+0.04*1967.3B=20.178B+78.692B=99.870B
$5B-10B: 140 households
140(950M*0.04+4B*0.04)+235.2B*0.02=27.720B+4.704B=32.424B
(13*5+7*5.1+4*5.2+2*5.3+4*5.4+6*5.5+4*5.6+3*5.7
+10*5.8+3*5.9+3*6+4*6.1+3*6.2+3*6.3+6.4+5*6.5+5*6.6
+2*6.7+3*6.8+10*6.9+7+3*7.1+7.2+5*7.3+2*7.4+4*7.5
+7.6+7.7+2*7.8+5*7.9+4*8+2*8.1+8.2+8.3+8.4+8.5
+4*8.6+2*8.7+4*8.8+9+9.2+9.5+9.7+9.8+2*9.9)
$>10B: 64 households
64(950M*0.04+4B*0.04+5B*0.02)+0.02*1828.8B=19.072B+36.576B=36.576B
https://talkelections.org/FORUM/index.php?topic=399440.0
https://www.forbes.com/billionaires/
Note: So I found a mistake in my calculations a while after doing them initially, and I found the Battista modifications to the tax rates a long while after that, and I found more mistakes in my calculations another long while after that, and long story short we have a fivefold increase in revenue from the wealth tax of which I really can’t say how much came from the NGS funding provision and how much from a lowball in my early work. Maths is fun.

Healthcare Taxes:
 40% Cadillac Tax – $ 0.00 billion
 3.8% on Net Investment Income – $ 12.80 billion $ 27.50 billion
https://crsreports.congress.gov/product/pdf/IF/IF11820

Excise Taxes/customs duties:
Carbon Tax (2018) – $ 16.35 billion
*we didn’t actually phase the carbon taxation plan in over five years like the original bill said to, did we?
**Encke, moments before disaster: https://talkelections.org/FORUM/index.php?topic=319920.msg6794848#msg6794848
***look at all that lost revenue
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
Note: WTH Devout?
Buffett Rule Act of 2019: $46.70 billion

Other Revenue: $ 30.21 billion

Additional tax credits: $ -39.40 billion
Note: WTH Thumb??

New stuff:
Capital Gains Inflation Deduction: $ -15.00 billion
Indexing CTC to Inflation Act: $ -1.90 billion
Financial Transaction Tax –

TOTAL Revenue: $ 5,771,923,888,734.86 ($ 5771.92 billion)

To think about down the line:
Dam It Act – unknown revenue generated

Section 2: Spending

Military Spending ($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 ($144.23 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 ($32.0331.93 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 (one-time)
             
General science, space, and technology ($185.18339.18 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 ($19.68219.532 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
$0.15 Billion... Farmer Stabilization Act of 2021 (one-time)
             
Commerce and Housing Loan Programs ($0.790.59 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 (one-time)
             
Transportation ($333.4135184.9135 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 (one-time)
$0.032 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.
$92.5 Billion…. New Great Society Act (highway, rail, and airport spending)
       
Community and regional development ($463.3651332.34 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 (phases out after FY2023)
$390.00 Billion.. Urban Investment and Redevelopment Act (one-time)
Note: we collectively mislabeled this as the 21stCCCC last FY but the money has been allocated for the time period needed… do we drop this? It’s not yearly funding
$16.00 Billion….. 21st Century Civilian Conservation Corps Act (one-time)
$30 Billion………. Let's Get Wired Act amended by New Great Society Act
$0.05 Billion……. Combating Asian Hate Crimes Act (one-time)
$1.375 Billion….. Southwestern Water Conservation Act (one-time)
$0.05 Billion….. HHH Helping Hand to the Homeless Act (one-time)       
$7.5 Billion….. National Hostel Program Act
$1260.00 Billion…. New Great Society CUBI

Education ($73.7525159.25 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
$55.00 Billion….. School Improvement and Jobs Act (one-time)
$20.00 Billion….. Creating Opportunities for More Ed Tech Act
$10.50 Billion….. School Facilities Improvement Act (one-time)
             
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 ($1268.141261.14 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 (one-time)

Non-ANH Health Spending ($67.69867.27 Billion)             
$24.25 Billion.... Disease control, public health and bioterrorism   
$0.40 Billion.... Women's Health Protection Act (goes underneath this, see https://talkelections.org/FORUM/index.php?topic=361791.msg7210558#msg7210558)     
$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 (phases out after FY2023)
$0.025 Billion... National Silver Act (one-time)
$0.003 Billion... Reduction of Childcare Costs Act (one-time)
             
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 ($903.23 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 ($51.911752.29175 Billion)             
$27.157 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
             
General government administration ($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: $ 5771.92 Billion
Inflation Accounting: *1.012
TOTAL REVENUE: $ 5841.18 Billion

Fixed Expenditures: $ 36.05 Billion
Variable Expenditures:  $ 5549.62325 Billion
Interest on Debt: $ 295.40 Billion
BASE EXPENDITURES: $ 5881.07 Billion
Inflation Accounting: *1.012
TOTAL EXPENDITURES: $ 5951.64 Billion
BALANCE: -$110.46 Billion

[Joseph Cao]

Any idea for the remaining part of the transaction tax?

How does this compare with the previous estimate that WD linked?

[Joseph Cao]

Amendment adopted.

By the way, have we heard from OSR yet? Or RC, since you appear to have listed him as sponsor at the time you were offering this.

2.) The legislation's primary sponsor shall judge the amendment(s) in relation to their intent with the legislation. If judged friendly by the sponsor, the PPT shall give twenty four hours for objections to the amendment, after which, with no objections having been entered the amendment shall be considered as passed.

3.) If judged hostile by the sponsor, or if a Senator has objected, a vote shall be started by the PPT once the amendment has been on the floor twenty four hours.

[Joseph Cao]

Okey dokey:

- carbon tax accounting (going to have that posted soon-ish)
- score the financial transaction tax
- recheck spending figures for newly added bills
- CUBI thresholds/possible amendment
- independent verification of toplines once we've done all of the above
- Iranian aid, will work on that bill in a bit

Anything from previous discussions about the CUBI that might be useful? For Scott and whoever else has been privy to those.

[Joseph Cao]

I do actually want the Senate’s opinion on this by the way.

Per the Encke post that I linked in my notes and according to the original wording of the carbon tax bill, we were supposed to see increased revenue over the years as we gradually phased in the tax. Instead we have had flat revenue at the 20% stage where it was originally introduced. Thumb’s figure from the budget would seem to indicate we’ve “lost” roughly $163.5 billion because of that.

From this fiscal year onward we are supposed to bring the revenue up to 100% anyway, that’s a given – so what do we do with the “lost” revenue since it was never accounted for in the budget?

[Joseph Cao]

Do we have a good definition of what is meant by 'defense related activities'?

This carried all the way over from the earliest budget I could find, so maybe you can ask Badger: https://talkelections.org/FORUM/index.php?topic=118388.msg2633279#msg2633279

I assume it was part of some budget sim but the twelve intervening years have not been kind to whatever the state of those links are further up that thread.

[Joseph Cao]

Anyway, I would like this amendment considered:

Excise Taxes/customs duties:
Carbon Tax (2018) – $ 16.35 81.75 billion

For the eighteen plus of you who are supposed to be reading this plus any concerned citizens, I really would like an answer to my question above, please and thank you.

I do actually want the Senate’s opinion on this by the way.

Per the Encke post that I linked in my notes and according to the original wording of the carbon tax bill, we were supposed to see increased revenue over the years as we gradually phased in the tax. Instead we have had flat revenue at the 20% stage where it was originally introduced. Thumb’s figure from the budget would seem to indicate we’ve “lost” roughly $163.5 228.9 billion because of that.

From this fiscal year onward we are supposed to bring the revenue up to 100% anyway, that’s a given – so what do we do with the “lost” revenue since it was never accounted for in the budget?

[Joseph Cao]

Do we have a good definition of what is meant by 'defense related activities'?

This carried all the way over from the earliest budget I could find, so maybe you can ask Badger: https://talkelections.org/FORUM/index.php?topic=118388.msg2633279#msg2633279

I assume it was part of some budget sim but the twelve intervening years have not been kind to whatever the state of those links are further up that thread.

Hazards of the trade.

C'est l'internet.

[Joseph Cao]

We need sponsor feedback on Deadprez's amendment and mine before WB or whoever goes ahead and declares it.

[Joseph Cao]

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?

Here you go:

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%  $ 173,732,759,00.00 ($ 173.73 billion)

[Joseph Cao]

By a vote of 4-5-1-8, the amendment is rejected

Aye

aye

Aye

Aye

Aye

[Joseph Cao]

So just for the record, here's where we are now:

FEDERAL BUDGET: FY2023

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%    $ 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+       50%  $ 173,732,759,00.00 ($ 173.73 billion)

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

Global Minimum Tax: $ 34.68 billion

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 $1,578.898 billion

Healthcare Taxes:
 40% Cadillac Tax – $ 0.00 billion
 3.8% on Net Investment Income – $ 12.80 billion $ 27.50 billion

Excise Taxes/customs duties:
Carbon Tax (2018) – $ 81.75 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

New stuff:
Capital Gains Inflation Deduction: $ -15.00 billion
Indexing CTC to Inflation Act: $ -1.90 billion
Financial Transaction Tax – 
Pandemic Wealth Tax: $233.61 billion

TOTAL Revenue: $ 6,005,533,888,734.86 ($ 6005.53 billion) WIP

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               
                            
International affairs ($32.0331.93 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 (one-time)
              
General science, space, and technology ($185.18339.18 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 ($19.68219.532 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
$0.15 Billion... Farmer Stabilization Act of 2021 (one-time)
              
Commerce and Housing Loan Programs ($0.790.59 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 (one-time)
              
Transportation ($333.4135184.9135 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 (one-time)
$0.032 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.
$92.5 Billion…. New Great Society Act (highway, rail, and airport spending)
        
Community and regional development ($463.3651332.34 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 (phases out after FY2023)
$390.00 Billion.. Urban Investment and Redevelopment Act (one-time)
$16.00 Billion….. 21st Century Civilian Conservation Corps Act (one-time)
$30 Billion………. Let's Get Wired Act amended by New Great Society Act
$0.05 Billion……. Combating Asian Hate Crimes Act (one-time)
$1.375 Billion….. Southwestern Water Conservation Act (one-time)
$0.05 Billion….. HHH Helping Hand to the Homeless Act (one-time)       
$7.5 Billion….. National Hostel Program Act
$1260.00 Billion…. New Great Society CUBI

Education ($73.7525159.25 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
$55.00 Billion….. School Improvement and Jobs Act (one-time)
$20.00 Billion….. Creating Opportunities for More Ed Tech Act
$10.50 Billion….. School Facilities Improvement Act (one-time)
              
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 ($1268.141261.14 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 (one-time)

Non-ANH Health Spending ($67.69867.27 Billion)              
$24.25 Billion.... Disease control, public health and bioterrorism    
$0.40 Billion.... Women's Health Protection Act (goes underneath this, see https://talkelections.org/FORUM/index.php?topic=361791.msg7210558#msg7210558)     
$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 (phases out after FY2023)
$0.025 Billion... National Silver Act (one-time)
$0.003 Billion... Reduction of Childcare Costs Act (one-time)
              
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 ($903.23 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 ($35.13475 Billion)              
$10.00 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
              
General government administration ($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

STILL WIP

BASE REVENUE: $ 6005.53 Billion
Inflation Accounting: *1.012
TOTAL REVENUE: $ 6077.60 Billion

Fixed Expenditures: $ 36.05 Billion
Variable Expenditures:  $ 5549.62325 Billion
Interest on Debt: $ 295.40 Billion
BASE EXPENDITURES: $ 5881.07 Billion
Inflation Accounting: *1.012
TOTAL EXPENDITURES: $ 5951.64 Billion
BALANCE: $125.96 Billion

Section 4: Miscellaneous regulations

1. This budget shall become enacted immediately upon passage.
2. This budget shall ordinarily remain in effect until FY2024.
3. All previous bills that modify the existing tax rates are hereby amended, so that their tax rates match those from this budget.

[Joseph Cao]

We still have the CUBI threshold lowering and the Iranian aid to fold into this, by the way. Hopefully the Senate can act on those quickly.

And anyone with a spare pair of eyeballs and a calculator is most welcome to check what our revenue and spending figures come out to now.

[Joseph Cao]

A'right then…

International affairs ($31.9334.43 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
$2.5 Billion.... Support Iranian Civilians Act

[Joseph Cao]

Maybe we need a PPT who can pay attention to the AFG board.

Whether that is WD getting his act together or a new PPT is up to WD.

[Joseph Cao]

FEDERAL BUDGET: FY2023

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%    $ 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+       50%  $ 173,732,759,00.00 ($ 173.73 billion)

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

Global Minimum Tax: $ 34.68 billion

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 $1,578.898 billion

Healthcare Taxes:
 40% Cadillac Tax – $ 0.00 billion
 3.8% on Net Investment Income – $ 12.80 billion $ 27.50 billion

Excise Taxes/customs duties:
Carbon Tax (2018) – $ 81.75 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

New stuff:
Capital Gains Inflation Deduction: $ -15.00 billion
Indexing CTC to Inflation Act: $ -1.90 billion
Financial Transaction Tax – 
Pandemic Wealth Tax: $233.61 billion

TOTAL Revenue: $ 6,005,533,888,734.86 ($ 6005.53 billion) WIP

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               
                            
International affairs ($32.0331.93 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 (one-time)
$2.5 Billion.... Support Iranian Civilians Act (one-time)
              
General science, space, and technology ($185.18339.18 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 ($19.68219.532 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
$0.15 Billion... Farmer Stabilization Act of 2021 (one-time)
              
Commerce and Housing Loan Programs ($0.790.59 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 (one-time)
              
Transportation ($333.4135184.9135 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 (one-time)
$0.032 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.
$92.5 Billion…. New Great Society Act (highway, rail, and airport spending)
        
Community and regional development ($463.3651332.34 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 (phases out after FY2023)
$390.00 Billion.. Urban Investment and Redevelopment Act (one-time)
$16.00 Billion….. 21st Century Civilian Conservation Corps Act (one-time)
$30 Billion………. Let's Get Wired Act amended by New Great Society Act
$0.05 Billion……. Combating Asian Hate Crimes Act (one-time)
$1.375 Billion….. Southwestern Water Conservation Act (one-time)
$0.05 Billion….. HHH Helping Hand to the Homeless Act (one-time)       
$7.5 Billion….. National Hostel Program Act
$1260.00 Billion…. New Great Society CUBI

Education ($73.7525159.25 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
$55.00 Billion….. School Improvement and Jobs Act (one-time)
$20.00 Billion….. Creating Opportunities for More Ed Tech Act
$10.50 Billion….. School Facilities Improvement Act (one-time)
              
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 ($1268.141261.14 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 (one-time)

Non-ANH Health Spending ($67.69867.27 Billion)              
$24.25 Billion.... Disease control, public health and bioterrorism    
$0.40 Billion.... Women's Health Protection Act (goes underneath this, see https://talkelections.org/FORUM/index.php?topic=361791.msg7210558#msg7210558)     
$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 (phases out after FY2023)
$0.025 Billion... National Silver Act (one-time)
$0.003 Billion... Reduction of Childcare Costs Act (one-time)
              
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 ($903.23 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 ($35.13475 Billion)              
$10.00 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
              
General government administration ($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

STILL WIP

BASE REVENUE: $ 6005.53 Billion
Inflation Accounting: *1.012
TOTAL REVENUE: $ 6077.60 Billion

Fixed Expenditures: $ 36.05 Billion
Variable Expenditures:  $ 5549.62325 Billion
Interest on Debt: $ 295.40 Billion
BASE EXPENDITURES: $ 5881.07 Billion
Inflation Accounting: *1.012
TOTAL EXPENDITURES: $ 5951.64 Billion
BALANCE: $125.96 Billion

Section 4: Miscellaneous regulations

1. This budget shall become enacted immediately upon passage.
2. This budget shall ordinarily remain in effect until FY2024.
3. All previous bills that modify the existing tax rates are hereby amended, so that their tax rates match those from this budget.

[Joseph Cao]

Offering this now that the CUBI amendment finally passed. Estimate is based on a tip Battista sent me.

Community and regional development ($1332.341017.34 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 (phases out after FY2023)
$30 Billion………. Let's Get Wired Act amended by New Great Society Act
$0.05 Billion……. Combating Asian Hate Crimes Act (one-time)
$1.375 Billion….. Southwestern Water Conservation Act (one-time)
$0.05 Billion….. HHH Helping Hand to the Homeless Act (one-time)
$7.5 Billion….. National Hostel Program Act
$1260.00945.00 Billion…. New Great Society CUBI

[Joseph Cao]

- carbon tax accounting (going to have that posted soon-ish)
- score the financial transaction tax
- recheck spending figures for newly added bills
- CUBI thresholds/possible amendment
- independent verification of toplines once we've done all of the above
- Iranian aid, will work on that bill in a bit

I cannot stress hard enough how much I would like for this last remaining item to be done independently, it is called an independent check for a reason and that reason is to make sure the man burnt out from sixty hours a week of arithmetic doesn't make a silly error.

[Joseph Cao]

Also, guys, it's the 12th. We have until the 30th to pass this thing, let's see some action on it.

[Joseph Cao]

Nobody seems interested in starting to do math (gee, I wonder why) so I'm going to try and clean up the sums tonight and bring the final version to the floor.

[Joseph Cao]

Can someone post the current text?

FEDERAL BUDGET: FY2023

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%    $ 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+       50%  $ 173,732,759,00.00 ($ 173.73 billion)

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

Global Minimum Tax: $ 34.68 billion

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 $1,578.898 billion

Healthcare Taxes:
 40% Cadillac Tax – $ 0.00 billion
 3.8% on Net Investment Income – $ 12.80 billion $ 27.50 billion

Excise Taxes/customs duties:
Carbon Tax (2018) – $ 81.75 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
We Should Help Workers Act tariff revenue – $11.025 billion

Other Revenue: $ 30.21 billion

Additional tax credits: $ -39.40 billion

New stuff:
Capital Gains Inflation Deduction: $ -15.00 billion
Indexing CTC to Inflation Act: $ -1.90 billion
Financial Transaction Tax – 
Pandemic Wealth Tax: $233.61 billion

TOTAL Revenue: $ 6,005,533,888,734.86 ($ 6005.53 billion) WIP

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               
                            
International affairs ($32.033 31 Billion)             
$18.8800 Billion.... International development and humanitarian assistance             
$8.55 Billion..... International military aid             
$11.9996 Billion.... Conduct of foreign affairs             
$1.3015 Billion..... Foreign information and exchange activities 
$-8.79 Billion.... International Financial Programs
$0.1 Billion... Paflagonia Support Act (one-time)
$2.5 Billion.... Support Iranian Civilians Act (one-time)
              
General science, space, and technology ($339.18 Billion)
$11.2608 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    
$0.6435 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        
$4.4240 Billion..... Recreational & Park resources    
$7.1816Billion..... Pollution control and abatement  
$6.55 Billion..... Other natural resources
              
Agriculture ($19.532 $18 Billion)       
$16.0115.95 Billion.... Farm income stabilization & crop insurance      
$4.3000 Billion..... Agricultural research and services
$0.03 Billion..... No More Going Hungry in Atlasia Act
-$1.98 Billion.... Food Price Inflation Act
$-0.8 Billion…. Eliminated marketing programs
$-0.008 Billion…. Eliminated Catfish Inspection Office
$0.15 Billion... Farmer Stabilization Act of 2021 (one-time)
              
Commerce and Housing Loan Programs ($0.59 0 Billion)             
$-22.33 Billion... Federal Housing Loan Programs             
$2.6940 Billion..... Postal service             
$2.5040 Billion..... Deposit insurance             
$10.20 Billion.... Universal service fund           
$12 Billion.... SPTF semiconductor chip program
$75.70 Billion..... Other advancement of commerce
$-0.17 Billion…. Eliminated Capital Construction Grants  
$0.20 Billion… Supporting Atlasian Entrepreneurs Act (one-time)
              
Transportation ($333.4135185 Billion)                
$67.404865 Billion.... Ground Transportation            
$16.20 Billion.... Air Transportation              
$8.4015 Billion..... Water transportation              
$0.38 Billion..... Other transportation
$241 Billion... High Speed Rail Act (one-time)
$0.032 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.
$92.5 Billion…. New Great Society Act (highway, rail, and airport spending)
        
Community and regional development ($1,017.341,028 Billion)             
$3.78605 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 (phases out after FY2023)
$30 Billion………. Let's Get Wired Act amended by New Great Society Act
$0.05 Billion……. Combating Asian Hate Crimes Act (one-time)
$1.375 Billion….. Southwestern Water Conservation Act (one-time)
$0.05 Billion….. HHH Helping Hand to the Homeless Act (one-time)
$7.5 Billion….. National Hostel Program Act
$945.00 Billion…. New Great Society CUBI

Education ($73.7525159 Billion)
$39.03 Billion.... Elementary, Secondary & Vocational education
$31.47545 Billion.... Higher education              
$3.26 Billion..... Research and general education            
$0.00 Billion..... Orlando Act
$-0.0125 Billion…. Cap on certain student loans
$55.00 Billion….. School Improvement and Jobs Act (one-time)
$20.00 Billion….. Creating Opportunities for More Ed Tech Act
$10.50 Billion….. School Facilities Improvement Act (one-time)
              
Training, labor and unemployment ($19.41 Billion)             
$7.58 Billion..... Training and employment             
$1.7722 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 ($1268.141,216 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
$338.8581 Billion... Sliding Scale Subsidies
$15.8960 Billion.... Healthcare Subsidy Office (HSO) and AtlasCare Office (ACO) Administration
$7 Billion... Vaccine Production Act (one-time)

Non-ANH Health Spending ($67.698 Billion)              
$24.25 Billion.... Disease control, public health and bioterrorism
$0.40 Billion.... Women's Health Protection Act
$28.4845 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 (phases out after FY2023)
$0.025 Billion... National Silver Act (one-time)
$0.003 Billion... Reduction of Childcare Costs Act (one-time)
              
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 ($903.23 Billion)
$868.63 Billion... Social Security Outlays
$34.6037 Billion.... Social Security Administration
            
Aid to Low-Income Families ($366.50 Billion)
$40.5330 Billion.... Unemployment              
$39.9875 Billion.... Housing assistance              
$99.44 Billion.... Food and Nutrition Assistance (Food Stamps + WIC)        
$169.01 Billion... Other aid to low-income families              
$17.5450 Billion.... Social Services        
              
Administration of justice ($35.13475 Billion)              
$10.00 Billion.... Federal law enforcement
$13.9388 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
              
General government administration ($4.5093 Billion)              
$3.6600 Billion..... Legislative functions              
$0.45 Billion..... Executive office programs              
$12.0311 Billion.... IRS & other fiscal operations      
$1.56755 Billion..... Other general government          
$-13.20 Billion…. Government Efficiency Act
$0.002 Billion…. Mandatory Tampons in Restrooms
-$0.002 Billion.... Toilet Paper Equity Act
              
Interest on debt ($295.40 Billion)              
$295.40 Billion... Net Interest

Section 3: Balance

STILL WIP

BASE REVENUE: $ 6005.53 Billion
Inflation Accounting: *1.012
TOTAL REVENUE: $ 6077.60 Billion

Fixed Expenditures: $ 36.05 Billion
Variable Expenditures:  $ 5549.62325 Billion
Interest on Debt: $ 295.40 Billion
BASE EXPENDITURES: $ 5881.07 Billion
Inflation Accounting: *1.012
TOTAL EXPENDITURES: $ 5951.64 Billion
BALANCE: $125.96 Billion

Section 4: Miscellaneous regulations

1. This budget shall become enacted immediately upon passage.
2. This budget shall ordinarily remain in effect until FY2024.
3. All previous bills that modify the existing tax rates are hereby amended, so that their tax rates match those from this budget.

[Joseph Cao]

As regards the rare earths and other outstanding legislation I personally am fine with leaving it for the next budget, still somewhat cognizant of the deadline for our current CR looming in nine days' time.

[Joseph Cao]

The financial transaction tax was scored but never amended in. Fixing that:

New stuff:
Capital Gains Inflation Deduction: $ -15.00 billion
Indexing CTC to Inflation Act: $ -1.90 billion
Financial Transaction Tax – $220.00 billion
Pandemic Wealth Tax: $233.61 billion

[Joseph Cao]

Went through and corrected some toplines, to the best of my knowledge every number here is now kosher. Going to calculate the spending totals in a bit, then I'll clean up the strikethroughs and boldfaces and offer this as a proper final amendment.

FEDERAL BUDGET: FY2023

Section 1: Revenues

Income Taxes:  $ 2,134,417,552,750.00  ($ 2,134.42 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+       50%  $ 173,732,759,000.00 ($ 173.73 billion)

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

Global Minimum Tax: $ 34.68 billion

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 $1,578.898 billion

Healthcare Taxes:
 40% Cadillac Tax – $ 0.00 billion
 3.8% on Net Investment Income – $ 12.80 billion $ 27.50 billion

Excise Taxes/customs duties:
Carbon Tax (2018) – $ 81.75 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
We Should Help Workers Act tariff revenue – $11.025 billion

Other Revenue: $ 30.21 billion

Additional tax credits: $ -39.40 billion

New stuff:
Capital Gains Inflation Deduction: $ -15.00 billion
Indexing CTC to Inflation Act: $ -1.90 billion
Financial Transaction Tax – $220.00 billion
Pandemic Wealth Tax: $233.61 billion

TOTAL Revenue: $ 6,319,332,164,930.00 ($ 6,319.33 billion)

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               
                           
International affairs ($33.37 Billion)             
$18.8800 Billion.... International development and humanitarian assistance             
$8.55 Billion..... International military aid             
$11.9996 Billion.... Conduct of foreign affairs             
$1.3015 Billion..... Foreign information and exchange activities 
$-8.79 Billion.... International Financial Programs
$0.1 Billion... Paflagonia Support Act (one-time)
$2.5 Billion.... Support Iranian Civilians Act (one-time)
             
General science, space, and technology ($339.00 Billion)
$11.2608 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 ($47.00 Billion)             
$3.15 Billion..... Energy supply             
$1.11 Billion..... Energy conservation and preparedness     
$0.6435 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 ($34.00 Billion)             
$4.89 Billion..... Water resources             
$11.54 Billion.... Conservation and land management         
$4.4240 Billion..... Recreational & Park resources     
$7.1816Billion..... Pollution control and abatement   
$6.55 Billion..... Other natural resources
             
Agriculture ($18.00 Billion)       
$16.0115.95 Billion.... Farm income stabilization & crop insurance       
$4.3000 Billion..... Agricultural research and services
$0.03 Billion..... No More Going Hungry in Atlasia Act
-$1.98 Billion.... Food Price Inflation Act
$-0.8 Billion…. Eliminated marketing programs
$-0.008 Billion…. Eliminated Catfish Inspection Office
$0.15 Billion... Farmer Stabilization Act of 2021 (one-time)
             
Commerce and Housing Loan Programs ($0.00 Billion)             
$-22.33 Billion... Federal Housing Loan Programs             
$2.6940 Billion..... Postal service             
$2.5040 Billion..... Deposit insurance             
$10.20 Billion.... Universal service fund           
$12 Billion.... SPTF semiconductor chip program
$75.70 Billion..... Other advancement of commerce
$-0.17 Billion…. Eliminated Capital Construction Grants 
$0.20 Billion… Supporting Atlasian Entrepreneurs Act (one-time)
             
Transportation ($185.00 Billion)               
$67.404865 Billion.... Ground Transportation           
$16.20 Billion.... Air Transportation             
$8.4015 Billion..... Water transportation             
$0.38 Billion..... Other transportation
$241 Billion... High Speed Rail Act (one-time)
$0.032 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.
$92.5 Billion…. New Great Society Act (highway, rail, and airport spending)
       
Community and regional development ($1,028.00 Billion)             
$3.78605 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 (phases out after FY2023)
$30 Billion………. Let's Get Wired Act amended by New Great Society Act
$0.05 Billion……. Combating Asian Hate Crimes Act (one-time)
$1.375 Billion….. Southwestern Water Conservation Act (one-time)
$0.05 Billion….. HHH Helping Hand to the Homeless Act (one-time)
$7.5 Billion….. National Hostel Program Act
$945.00 Billion…. New Great Society CUBI

Education ($159.2275 Billion)
$39.03 Billion.... Elementary, Secondary & Vocational education
$31.47545 Billion.... Higher education             
$3.26 Billion..... Research and general education           
$0.00 Billion..... Orlando Act
$-0.0125 Billion…. Cap on certain student loans
$55.00 Billion….. School Improvement and Jobs Act (one-time)
$20.00 Billion….. Creating Opportunities for More Ed Tech Act
$10.50 Billion….. School Facilities Improvement Act (one-time)
             
Training, labor and unemployment ($19.00 Billion)             
$7.58 Billion..... Training and employment             
$1.7722 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 ($1,216.5 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
$338.8581 Billion... Sliding Scale Subsidies
$15.8960 Billion.... Healthcare Subsidy Office (HSO) and AtlasCare Office (ACO) Administration
$7 Billion... Vaccine Production Act (one-time)

Non-ANH Health Spending ($67.00 Billion)             
$24.25 Billion.... Disease control, public health and bioterrorism
$0.40 Billion.... Women's Health Protection Act
$28.4845 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 (phases out after FY2023)
$0.025 Billion... National Silver Act (one-time)
$0.003 Billion... Reduction of Childcare Costs Act (one-time)
             
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 ($903.00 Billion)
$868.63 Billion... Social Security Outlays
$34.6037 Billion.... Social Security Administration
           
Aid to Low-Income Families ($366.00 Billion)
$40.5330 Billion.... Unemployment             
$39.9875 Billion.... Housing assistance             
$99.44 Billion.... Food and Nutrition Assistance (Food Stamps + WIC)       
$169.01 Billion... Other aid to low-income families             
$17.5450 Billion.... Social Services       
             
Administration of justice ($34.99675 Billion)             
$10.00 Billion.... Federal law enforcement
$13.9388 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
             
General government administration ($2.8 Billion)             
$3.6600 Billion..... Legislative functions             
$0.45 Billion..... Executive office programs             
$12.0311 Billion.... IRS & other fiscal operations       
$1.56755 Billion..... Other general government           
$-13.20 Billion…. Government Efficiency Act
$0.002 Billion…. Mandatory Tampons in Restrooms
-$0.002 Billion.... Toilet Paper Equity Act
             
Interest on debt ($295.40 Billion)             
$295.40 Billion... Net Interest

Section 3: Balance

BASE REVENUE: $ 6319.33 Billion
Inflation Accounting: *1.012
TOTAL REVENUE: $ 6395.16 Billion

STILL WIP:

Fixed Expenditures: $ 36.05 Billion
Variable Expenditures:  $ 5549.62325 Billion
Interest on Debt: $ 295.40 Billion
BASE EXPENDITURES: $ 5881.07 Billion
Inflation Accounting: *1.012
TOTAL EXPENDITURES: $ 5951.64 Billion
BALANCE: $125.96 Billion

Section 4: Miscellaneous regulations

1. This budget shall become enacted immediately upon passage.
2. This budget shall ordinarily remain in effect until FY2024.
3. All previous bills that modify the existing tax rates are hereby amended, so that their tax rates match those from this budget.

[Joseph Cao]

The boldfaced toplines above are ones where I corrected R's math in case that wasn't totally clear.