SB 117-5: Federal Budget FY2024 (Final Vote)

[Lumine]

FEDERAL BUDGET: FY2024

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 23% – $ 405,238,094,800.00 ($ 405.24 billion)

Global Minimum Tax: $ 34.68 billion

Payroll Taxes – $ 1,327,458,466,643.61 ($ 1,327.46 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 6.25% on first $7,000 – $ 47,076,111,468.75 ($ 47.08 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

Land Value Tax: 298.90 billion

New 2020 Wealth Tax: $1,578.898 billion

Healthcare Taxes:
 40% Cadillac Tax – $ 0.00 billion
 3.8 5.5% on Net Investment Income – $ 39.80 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
Tax the Woke Act – $6.17 billion
Lead Acid Battery Tax – $0.658 billion
OMV License Tax – $0.01 billion

Limiting Landlord Monopoly Tax:
https://talkelections.org/FORUM/index.php?topic=513423.msg8984842#msg8984842

Other Revenue: $ 30.21 billion

Additional tax credits: $ -39.40 billion

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 6,292,148,809,477.72 ($ 6,319.33 6,292.15 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            
$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 from Healthcare below)            
$10.00 Billion..... Housing and other veterans benefits and services              
                      
International affairs ($33.37 30.87 Billion)              
$18.00 Billion.... International development and humanitarian assistance              
$8.55 Billion..... International military aid              
$11.96 Billion.... Conduct of foreign affairs              
$1.15 Billion..... Foreign information and exchange activities  
$-8.79 Billion.... International Financial Programs
$2.50 Billion.... Support Iranian Civilians Act (one-time)
              
General science, space, and technology ($339.00 380.45 Billion)
$11.08 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
$10.00 Billion….. REM strategic reserve
$1.50 Billion….. REM domestic production – initial funding
$0.20 Billion….. REM domestic production – annual
$10.00 Billion….. REM sourcing trust fund
$1.00 Billion….. REM domestic inventory and research grants
$1.00 Billion…. Weatherboy Act (through FY2026)
$5.00 Billion…. Europa Clipper Act (one-time)
$0.75 Billion….. Science Infrastructure Funding Act (through FY2025)
$2.00 Billion….. Iliamna Volcano Drilling Act (one-time)
$10.00 Billion…. Clean Up the Oceans Act
              
Non-Defense Energy Spending ($47.00 47.50 Billion)              
$3.15 Billion..... Energy supply              
$1.00 Billion..... Energy conservation and preparedness    
$0.35 Billion..... Energy information, preparedness, & regulation
$10.00 Billion.... Energy Rebate and Subsidy Act    
$32.50 Billion.... Gas Tax Act    
$0.5 Billion….. Affordable Energy Act Sustainability Fund (one-time)
            
Natural resources and environment ($34.00 42.60 Billion)              
$4.89 Billion..... Water resources              
$11.00 Billion.... Conservation and land management        
$4.40 Billion..... Recreational & Park resources    
$7.16 Billion..... Pollution control and abatement  
$6.55 Billion..... Other natural resources
$0.60 Billion….. Protecting the Outdoors Act (one-time)
$0.125 Billion…. Hazardous Waste Cleanup Act (through FY2025)
$7.5 Billion….. Extra National Parks Service allocation (through FY2025)
$0.375 Billion….. Wildfire Disaster Relief Aid 2023
              
Agriculture ($18.00 18.40 Billion)      
$15.95 Billion.... Farm income stabilization & crop insurance      
$4.00 Billion..... Agricultural research and services
$0.03 Billion..... No More Going Hungry in Atlasia Act
-$1.98 Billion.... Food Price Inflation Act
$0.40 Billion….. Food Security Act (one-time)
              
Commerce and Housing Loan Programs ($0.00 Billion)              
$-22.33 Billion... Federal Housing Loan Programs              
$2.40 Billion..... Postal service              
$2.40 Billion..... Deposit insurance              
$12.00 Billion.... Domestic Semiconductor Chip Promotion Act
$5.70 Billion..... Other advancement of commerce
$-0.17 Billion…. Eliminated Capital Construction Grants  
              
Transportation ($185.0027 Billion)                
$67.4865 Billion.... Ground Transportation            
$16.20 Billion.... Air Transportation              
$8.4015 Billion..... Water transportation              
$0.38 Billion..... Other transportation
$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.
$92.50 Billion…. New Great Society Act (highway, rail, and airport spending)
$0.27 Billion….. Rail Fails Act (one-time)
        
Community and regional development ($1,028.00 1,053.525 Billion)            
$3.605 Billion….… Community development          
$2.00 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          
$2.00 Billion……. Buy-Atlasian Contracting Rules
$10.00 Billion….. Appalachia Reinvestment Act
$15.00 Billion….. Reservation Reinvestment Act (phases out after FY2023)
$30.00 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)
$7.50 Billion….. National Hostel Program Act (phases out after FY2024)
$945.00 Billion…. New Great Society CUBI
$20.00 Billion….. Core Infrastructure Preparedness Act (through FY2025)
$20.00 Billion….. Emergency Shelters Act (through FY2025)
$2.00 Billion….. Kansas Settlement Act (one-time)

Education ($159.2275 93.7275 Billion)
$39.03 Billion.... Elementary, Secondary & Vocational education
$31.45 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              
$1.22 Billion..... Labor law, statistics, and other administration'
$9.20 Billion...... Public Service Act          
$1.00 Billion.... Agency of Cooperative Enterprises (see Act to encourage the growth of worker owned enterprises)

Atlasian Healthcare ($1,216.50 1,218.60 Billion)              
$423.77 Billion... Senior Healthcare
$12.90 Billion.... Federal employees' and retired employees' health benefits  
$425.42 Billion... Medical Services
$338.81 Billion... Sliding Scale Subsidies
$15.60 Billion.... Healthcare Subsidy Office (HSO) and AtlasCare Office (ACO) Administration
$2.1 Billion…… Eating Disorder Support Act

Non-ANH Health Spending ($67.00 171.21 Billion)              
$24.25 Billion.... Disease control, public health and bioterrorism
$28.45 Billion.... Health research and training      
$4.00 Billion..... Consumer and occupational health and safety  
$10.00 Billion…. Opioid Epidemic Commission
$0.3 Billion.... Comprehensive Opioid Response Act (phases out after FY2023)
$20.00 Billion….. Childcare Opportunity Act (one-time)
$0.36 Billion….. Better Baby Box Act (one-time)
$2.00 Billion….. Supporting Families Act
$0.15 Billion….. Rural hospital expansion, AtlasCare Improvement Act (one-time)
$82.00 Billion….. Rural Care Bonus Program, AtlasCare Improvement 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 ($903.00 Billion)
$868.63 Billion... Social Security Outlays
$34.37 Billion.... Social Security Administration

Aid to Low-Income Families ($366.00 Billion)
$40.30 Billion.... Unemployment              
$39.75 Billion.... Housing assistance              
$99.44 Billion.... Food and Nutrition Assistance (Food Stamps + WIC)        
$169.01 Billion... Other aid to low-income families              
$17.50 Billion.... Social Services        
              
Administration of justice ($34.99675 34.61675 Billion)              
$10.00 Billion.... Federal law enforcement
$13.80 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 ($2.80 Billion)              
$3.00 Billion..... Legislative functions              
$0.45 Billion..... Executive office programs              
$11.00 Billion.... IRS & other fiscal operations      
$1.55 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: $ 6292.15 Billion
Inflation Accounting: *1.012
TOTAL REVENUE: $ 6367.65 Billion

Fixed Expenditures: $ 36.05 Billion
Variable Expenditures:  $ 5240.67925 Billion
Interest on Debt: $ 295.40 Billion
BASE EXPENDITURES: $ 5572.12925 Billion
Inflation Accounting: *1.012
TOTAL EXPENDITURES: $ 5639.00 Billion

BALANCE: $1044.28 Billion

Section 4: Miscellaneous regulations

1. This budget shall become enacted immediately upon passage.
2. This budget shall ordinarily remain in effect until FY2025.
3. All previous bills that modify the existing tax rates are hereby amended, so that their tax rates match those from this budget.

Sponsor: Senator Joseph Cao

[Lumine]

Order! Debate is now open on the federal budget for next year. My sincere thanks to Senator Cao for his hard work on the current draft proposal.

[Joseph Cao]

Thank you for the prompt action on this, Mr. Vice President.

I will once again note we are quite far behind schedule with the budget for the five bazillion and sixteenth year in a row, and there needs to be a continuing resolution passed by the end of this month to prevent a shutdown and extend things until we can pass this. Any Senators interested should submit one ASAP.

As per Yankee's budget act, only bills that take effect before August 1st of this year have been included here. As far as I am aware all revenue sources introduced before that period have been included – the land value tax is from the Land Act that Tack signed, the three new entries under "excise tax" were signed by me, and I forget exactly who lowered the corporate tax but it wasn't me. Rough scoring calculations for some of these are included in the spoiler.

Spoiler alert! Click Show to show the content.

Show

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 23% – $ 405,238,094,800 ($ 405.24 billion)

Global Minimum Tax: $ 34.68 billion

Payroll Taxes – $ 1,327,458,466,643.61 ($ 1,327.46 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 6.25% on first $7,000 – $ 47,076,111,468.75 ($ 47.08 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

Land Value Tax: 0.99*(5097*0.02+19998*0.01) = 298.90 billion
https://www.sciencedirect.com/science/article/pii/S2212041620301200

New 2020 Wealth Tax
$1,578.898 billion

Healthcare Taxes:
 40% Cadillac Tax – $ 0.00 billion
 3.8 5.5% on Net Investment Income – $ 39.80 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
Tax the Woke Act – $6.17 billion

~160 eligible universities
(96.115b/3410)*5 = $140,931,085
51 taxed additionally
TOTAL $6,171,695,276
(16729m/3.5m)/1.4 = 3410 (divisor for revenue at 1% tax)

Lead Acid Battery Tax: $0.658 billion

2. To fund this program a special tax is hereby assessed on the net income of Lead Acid Battery manufacturers, sellers, and recyclers at 2% through fiscal year 2026 at which time such tax shall expire.

$10.7b market size https://www.gminsights.com/industry-analysis/us-lead-acid-battery-market
Overall economic output of $32.9b https://batterycouncil.org/economic-contribution-of-lead-battery-industry/

OMV License Tax: $0.01 billion

B. An annual license tax of $50 shall be imposed on any snowmobile, dune buggy, or other off-road motor vehicle operated by members of the public in any National Park, Forest, or Wilderness Area. Payment of such tax shall be evidenced by a decal to be affixed upon the exterior of such vehicle.

1.2m snowmobiles nationally https://gminsights.com/industry-analysis/us-off-road-vehicles-market
No estimations available for other OMVs but it seems likely that the # of OMVs active in national parks is around the same order of magnitude as total # of snowmobiles. Current number used is 2 million. Feel free to adjust if anyone has better estimates.

Limiting Landlord Monopoly Tax:
https://talkelections.org/FORUM/index.php?topic=513423.msg8984842#msg8984842

Other Revenue: $ 30.21 billion

Additional tax credits: $ -39.40 billion

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 6,292,148,809,477.72 ($ 6,319.33 6,292.15 billion)

Any Peace senators around when Classic Liminal introduced the landlord monopoly bill, which I've linked, are most welcome to help me parse the bill to see how it can be scored.

I would also like to give a shoutout to the President for heroically not adjusting the gas tax in his recent signing and therefore saving me several hours of work tracking down the original gas tax calculations from a budget of at least two resets ago (and apparently lost to time).

Expenditure adjustments are hopefully self-explanatory, but I can track down the bills for anyone interested in a specific entry.

Overall effect on the topline is a big bite taken out of the surplus I passed last year. There are some Labor big spending bills that will phase out next FY however which will balance things out a bit, hopefully.

[Attorney General, Senator-Elect, & Former PPT Dwarven Dragon]

Besides the need to calculate the Landlord Monopoly Act, is the budget ready to pass or are there other things to consider?

[Joseph Cao]

Besides the need to calculate the Landlord Monopoly Act, is the budget ready to pass or are there other things to consider?

Well, that alone will take at least three weeks going by the Senate's past form on such matters.

I suspect the administration wants to get this over with quickly (which is very strange but whatever) and they haven't let me know about any planned adjustment of tax brackets or the like. Those would have to be independently passed first anyway. But I do want at least one independent check on my math, preferably someone who isn't the PPT.

[Attorney General, Senator-Elect, & Former PPT Dwarven Dragon]

Besides the need to calculate the Landlord Monopoly Act, is the budget ready to pass or are there other things to consider?

Well, that alone will take at least three weeks going by the Senate's past form on such matters.

I suspect the administration wants to get this over with quickly (which is very strange but whatever) and they haven't let me know about any planned adjustment of tax brackets or the like. Those would have to be independently passed first anyway. But I do want at least one independent check on my math, preferably someone who isn't the PPT.

Well I would prefer to avoid a CR myself. Government functions far better with funding levels known in advance. If there's no substantive reason to create controversy over anything in the budget (and I don't feel there is), it shouldn't be dragged out "just because".

[Joseph Cao]

Besides the need to calculate the Landlord Monopoly Act, is the budget ready to pass or are there other things to consider?

Well, that alone will take at least three weeks going by the Senate's past form on such matters.

I suspect the administration wants to get this over with quickly (which is very strange but whatever) and they haven't let me know about any planned adjustment of tax brackets or the like. Those would have to be independently passed first anyway. But I do want at least one independent check on my math, preferably someone who isn't the PPT.

Well I would prefer to avoid a CR myself. Government functions far better with funding levels known in advance. If there's no substantive reason to create controversy over anything in the budget (and I don't feel there is), it shouldn't be dragged out "just because".

There wasn't a substantive reason for the sixty-one thousand amendments we saw last year, either, and those of us watching the Senate at the time know how that went. Very sad.

Reiterating my call for whoever wrote the landlord bill to pop in and clarify what kind of crazy math they had in mind, by the way! So we can expedite this.

[Pyro]

[Sirius_]

For the information of the senate, the land act (which I wrote) also lowered the corporate tax rate. The reason for this being to somewhat offset the burden created by the new tax, as my intent was to change how revenue is collected moreso than raise taxes with that bill. The corporate tax could be increased back to 25% if needed but I don't think that's necessary when we're projected to have over a trillion surplus.

[Attorney General, Senator-Elect, & Former PPT Dwarven Dragon]

So uh can we work out some approximation of the Landlord Monopoly Act so we can get this into law? Not interested in voting for another CR.

[Attorney General, Senator-Elect, & Former PPT Dwarven Dragon]

Amendment

Limiting Landlord Monopoly Tax:
https://talkelections.org/FORUM/index.php?topic=513423.msg8984842#msg8984842
This Act will not be considered or counted as revenue due to unclear language.

[Lumine]

Apologies for the delay. Sponsor, is the amendment friendly or unfriendly?

[Joseph Cao]

I have all but bashed my brains out trying to model this thing so I probably am not thinking straight with regard to all the implications of dropping it from the budget.

Friendly.

[Lumine]

Amendment is adopted.

Shall we move to a final vote, sponsor?

[Joseph Cao]

Alright, current text:

FEDERAL BUDGET: FY2024

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: 23% – $ 405,238,094,800.00 ($ 405.24 billion)

Global Minimum Tax: $ 34.68 billion

Payroll Taxes – $ 1,327,458,466,643.61 ($ 1,327.46 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: 6.25% on first $7,000 – $ 47,076,111,468.75 ($ 47.08 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

Land Value Tax: 298.90 billion

New 2020 Wealth Tax: $1,578.898 billion

Healthcare Taxes:
 40% Cadillac Tax – $ 0.00 billion
 5.5% on Net Investment Income – $ 39.80 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
Tax the Woke Act – $6.17 billion
Lead Acid Battery Tax – $0.658 billion
OMV License Tax – $0.01 billion

Other Revenue: $ 30.21 billion

Additional tax credits: $ -39.40 billion

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: $ 6,292,148,809,477.72 ($ 6,292.15 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             
$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 from Healthcare below)             
$10.00 Billion..... Housing and other veterans benefits and services               
                       
International affairs ($30.87 Billion)             
$18.00 Billion.... International development and humanitarian assistance             
$8.55 Billion..... International military aid             
$11.96 Billion.... Conduct of foreign affairs             
$1.15 Billion..... Foreign information and exchange activities 
$-8.79 Billion.... International Financial Programs
             
General science, space, and technology ($380.45 Billion)
$11.08 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
$10.00 Billion….. REM strategic reserve
$1.50 Billion….. REM domestic production – initial funding
$0.20 Billion….. REM domestic production – annual
$10.00 Billion….. REM sourcing trust fund
$1.00 Billion….. REM domestic inventory and research grants
$1.00 Billion…. Weatherboy Act (through FY2026)
$5.00 Billion…. Europa Clipper Act (one-time)
$0.75 Billion….. Science Infrastructure Funding Act (through FY2025)
$2.00 Billion….. Iliamna Volcano Drilling Act (one-time)
$10.00 Billion…. Clean Up the Oceans Act
             
Non-Defense Energy Spending ($47.50 Billion)             
$3.15 Billion..... Energy supply             
$1.00 Billion..... Energy conservation and preparedness     
$0.35 Billion..... Energy information, preparedness, & regulation
$10.00 Billion.... Energy Rebate and Subsidy Act   
$32.50 Billion.... Gas Tax Act   
$0.5 Billion….. Affordable Energy Act Sustainability Fund (one-time)
           
Natural resources and environment ($42.60 Billion)             
$4.89 Billion..... Water resources             
$11.00 Billion.... Conservation and land management         
$4.40 Billion..... Recreational & Park resources     
$7.16 Billion..... Pollution control and abatement   
$6.55 Billion..... Other natural resources
$0.60 Billion….. Protecting the Outdoors Act (one-time)
$0.125 Billion…. Hazardous Waste Cleanup Act (through FY2025)
$7.5 Billion….. Extra National Parks Service allocation (through FY2025)
$0.375 Billion….. Wildfire Disaster Relief Aid 2023
             
Agriculture ($18.40 Billion)       
$15.95 Billion.... Farm income stabilization & crop insurance       
$4.00 Billion..... Agricultural research and services
$0.03 Billion..... No More Going Hungry in Atlasia Act
-$1.98 Billion.... Food Price Inflation Act
$0.40 Billion….. Food Security Act (one-time)
             
Commerce and Housing Loan Programs ($0.00 Billion)             
$-22.33 Billion... Federal Housing Loan Programs             
$2.40 Billion..... Postal service             
$2.40 Billion..... Deposit insurance             
$12.00 Billion.... Domestic Semiconductor Chip Promotion Act
$5.70 Billion..... Other advancement of commerce
$-0.17 Billion…. Eliminated Capital Construction Grants 
             
Transportation ($185.27 Billion)               
$67.4865 Billion.... Ground Transportation           
$16.20 Billion.... Air Transportation             
$8.4015 Billion..... Water transportation             
$0.38 Billion..... Other transportation
$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.
$92.50 Billion…. New Great Society Act (highway, rail, and airport spending)
$0.27 Billion….. Rail Fails Act (one-time)
       
Community and regional development ($1,053.525 Billion)             
$3.605 Billion….… Community development           
$2.00 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         
$2.00 Billion……. Buy-Atlasian Contracting Rules
$10.00 Billion….. Appalachia Reinvestment Act
$30.00 Billion………. Let's Get Wired Act amended by New Great Society Act
$7.50 Billion….. National Hostel Program Act (phases out after FY2024)
$945.00 Billion…. New Great Society CUBI
$20.00 Billion….. Core Infrastructure Preparedness Act (through FY2025)
$20.00 Billion….. Emergency Shelters Act (through FY2025)
$2.00 Billion….. Kansas Settlement Act (one-time)

Education ($93.7275 Billion)
$39.03 Billion.... Elementary, Secondary & Vocational education
$31.45 Billion.... Higher education             
$3.26 Billion..... Research and general education           
$0.00 Billion..... Orlando Act
$-0.0125 Billion…. Cap on certain student loans
$20.00 Billion….. Creating Opportunities for More Ed Tech Act
             
Training, labor and unemployment ($19.00 Billion)             
$7.58 Billion..... Training and employment             
$1.22 Billion..... Labor law, statistics, and other administration'
$9.20 Billion...... Public Service Act         
$1.00 Billion.... Agency of Cooperative Enterprises (see Act to encourage the growth of worker owned enterprises)

Atlasian Healthcare ($1,218.60 Billion)             
$423.77 Billion... Senior Healthcare
$12.90 Billion.... Federal employees' and retired employees' health benefits 
$425.42 Billion... Medical Services
$338.81 Billion... Sliding Scale Subsidies
$15.60 Billion.... Healthcare Subsidy Office (HSO) and AtlasCare Office (ACO) Administration
$2.1 Billion…… Eating Disorder Support Act

Non-ANH Health Spending ($171.21 Billion)             
$24.25 Billion.... Disease control, public health and bioterrorism
$28.45 Billion.... Health research and training       
$4.00 Billion..... Consumer and occupational health and safety   
$10.00 Billion…. Opioid Epidemic Commission
$20.00 Billion….. Childcare Opportunity Act (one-time)
$0.36 Billion….. Better Baby Box Act (one-time)
$2.00 Billion….. Supporting Families Act
$0.15 Billion….. Rural hospital expansion, AtlasCare Improvement Act (one-time)
$82.00 Billion….. Rural Care Bonus Program, AtlasCare Improvement 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 ($903.00 Billion)
$868.63 Billion... Social Security Outlays
$34.37 Billion.... Social Security Administration

Aid to Low-Income Families ($366.00 Billion)
$40.30 Billion.... Unemployment             
$39.75 Billion.... Housing assistance             
$99.44 Billion.... Food and Nutrition Assistance (Food Stamps + WIC)       
$169.01 Billion... Other aid to low-income families             
$17.50 Billion.... Social Services       
             
Administration of justice ($34.61675 Billion)             
$10.00 Billion.... Federal law enforcement
$13.80 Billion.... Federal litigation and judicial activities             
$6.2687 Billion..... Federal prison system
$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 ($2.80 Billion)             
$3.00 Billion..... Legislative functions             
$0.45 Billion..... Executive office programs             
$11.00 Billion.... IRS & other fiscal operations       
$1.55 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: $ 6292.15 Billion
Inflation Accounting: *1.012
TOTAL REVENUE: $ 6367.65 Billion

Fixed Expenditures: $ 36.05 Billion
Variable Expenditures:  $ 5240.67925 Billion
Interest on Debt: $ 295.40 Billion
BASE EXPENDITURES: $ 5572.12925 Billion
Inflation Accounting: *1.012
TOTAL EXPENDITURES: $ 5639.00 Billion

BALANCE: $1044.28 Billion

Section 4: Miscellaneous regulations

1. This budget shall become enacted immediately upon passage.
2. This budget shall ordinarily remain in effect until FY2025.
3. All previous bills that modify the existing tax rates are hereby amended, so that their tax rates match those from this budget.

Wulfric may be content with just quoting the OP for all the bills under his jurisdiction but I hope this will at least be properly formatted once it goes to the President's desk.

Give me a little time to check the math on this. Ideally someone else will run an independent check as well, but we can't have everything, can we?

[PPT Spiral]

Having done my own check here, I can attest as your President—and not a CPA—that these budget numbers are accurate and true to the best of my knowledge.

[Attorney General, Senator-Elect, & Former PPT Dwarven Dragon]

Motion for a final vote then

[Lumine]

A final vote has now begun. Senators, please vote Aye, Nay or Abstain.

[Vice President Christian Man]

Aye

[Attorney General, Senator-Elect, & Former PPT Dwarven Dragon]

Aye

[Joseph Cao]

Aye.

[At-Large Senator LouisvilleThunder]

Aye

[Dr. MB]

Nay

[reagente]

Nay

[RFayette]

Nay