[Analytical Perspectives]
[Table of Contents]
[From the U.S. Government Printing Office, www.gpo.gov]


 
                                                                    TABLE OF CONTENTS
 
 
                                                                                                                                                 Page
 
List of Charts and Tables..................................................................................................................          iii
 
Introduction
 
     1.           Introduction.............................................................................................................            3
 
Performance and Management Assessments
 
     2.           Budget and Performance Integration and the Program Assessment Rating Tool (PART).........................................            9
 
Crosscutting Programs
 
     3.           Homeland Security Funding Analysis.......................................................................................           25
 
     4.           Strengthening Federal Statistics.........................................................................................           41
 
     5.           Research and Development.................................................................................................           47
 
     6.           Federal Investment.......................................................................................................           63
 
     7.           Credit and Insurance.....................................................................................................           75
 
     8.           Aid to State and Local Governments.......................................................................................          113
 
     9.           Integrating Services with Information Technology.........................................................................          159
 
    10.           Federal Drug Control Funding.............................................................................................          165
 
Economic Assumptions and Analyses
 
    11.           Economic Assumptions.....................................................................................................          169
 
    12.           Stewardship..............................................................................................................          181
 
    13.           National Income and Product Accounts.....................................................................................          207
 
Budget Reform Proposals
 
    14.           Budget Reform Proposals..................................................................................................          215
 
Federal Borrowing and Debt
 
    15.           Federal Borrowing and Debt...............................................................................................          223
 

[[Page ii]]

Federal Receipts and Collections
 
    16.           Federal Receipts.........................................................................................................          239
 
    17.           User Charges and Other Collections.......................................................................................          271
 
    18.           Tax Expenditures.........................................................................................................          285
 
Dimensions of the Budget
 
    19.           Comparison of Actual to Estimated Totals.................................................................................          329
 
    20.           Outlays to the Public, Net and Gross.....................................................................................          337
 
    21.           Trust Funds and Federal Funds............................................................................................          339
 
    22.           Off-Budget Federal Entities and Non-Budgetary Activities.................................................................          345
 
    23.           Federal Employment and Compensation......................................................................................          349
 
Current Services Estimates
 
    24.           Current Services Estimates...............................................................................................          357
 
The Budget System and Concepts
 
    25.           The Budget System and Concepts...........................................................................................          375
 
Detailed Functional Table
 
    26.           Detailed Functional Table................................................................................................       CD-ROM
 
Federal Programs by Agency and Account
 
    27.           Federal Programs by Agency and Account...................................................................................       CD-ROM
 
Program Assessment Rating Tool (PART), Program Summaries
 
    28.           PART Summaries...........................................................................................................       CD-ROM
 



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                        LIST OF CHARTS AND TABLES
                                     

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[[Page v]]

 
                        LIST OF CHARTS AND TABLES


                             LIST OF CHARTS

                                                                   Page

   5-1.....  Federal R&D Spending...............................      47
   5-2.....  PART Assessments of 58 R&D Programs................      50
   5-3.....  Funding for Academic Earmarks......................      52
   7-1.....  Face Value of Federal Credit Outstanding...........      98
   12-1....  A Presentation of the Federal Government's              183
              Financial Condition...............................
   12-2....  Net Federal Liabilities............................     189
   12-3....  Health Care Cost Alternatives......................     192
   12-4....  Alternative Discretionary Spending Assumptions.....     193
   12-5....  Alternative Productivity Assumptions...............     194
   12-6....  Alternative Fertility Assumptions..................     195
   12-7....  Alternative Mortality Assumptions..................     195
   12-8....  Alternative Immigration Assumptions................     196
   16-1....  Major Provisions of the Tax Code Under the 2001 and     240
              2003 Tax Cuts.....................................
   19-1....  Illustrative Range of Budget Outcomes..............     335
   25-1....  Relationship of Budget Authority to Outlays for         386
              2005..............................................




                             LIST OF TABLES

                                                                  Page

Performance and Management Assessments

  Budget and Performance Integration and the Program
   Assessment Rating Tool:
   2-1.....  The PART in Sections............................         10
   2-2.....  The PART Questionnaire..........................         11
   2-3.....  The PART, By Category...........................         12
   2-4.....  Program Assessment Rating Tool (PART)...........         13
Crosscutting Programs

  Homeland Security Funding Analysis:
   3-1.....  Homeland Security Funding By Agency.............         26
   3-2.....  Homeland Security Funding By National Strategy           27
              Mission Area...................................
   3-3.....  Intelligence and Warning Funding................         27
   3-4.....  Border and Transportation Security Funding......         28
   3-5.....  Domestic Counterterrorism Funding...............         30
   3-6.....  Protecting Critical Infrastructure and Key               31
              Assets Funding.................................
   3-7.....  Defending Catastrophic Threats Funding..........         32
   3-8.....  Emergency Preparedness and Response Funding.....         33
   3-9.....  Estimates of Non-Federal Homeland Security               36
              Expenditures...................................
   3-10....  Discretionary Fee-funded Homeland Security               36
              Activities by Agency...........................
   3-11....  Mandatory Homeland Security Funding by Agency...         37
   3-12....  Baseline Estimates--Total Homeland Security              37
              Funding by Agency..............................
   3-13....  Homeland Security Funding by Budget Function....         38
   3-14....  Baseline Estimates--Homeland Security Funding by         38
              Budget Function................................
  Appendix.  Homeland Security Mission Funding by Agency and      CD-ROM
              Budget Account.................................


[[Page vi]]


  Strengthening Federal Statistics:
   4-1.....  2003-2005 Budget Authority for Principal                 46
              Statistical Agencies...........................

  Research and Development:
   5-1.....  Permanent Extension of the Research and                  58
              Experimentation Tax Credit.....................
   5-2.....  Federal Research and Development Spending.......         59
   5-3.....  Federal Science and Technology Budget...........         61
   5-4.....  Agency Detail of Selected Interagency R&D                62
              Efforts........................................

  Federal Investment:
   6-1.....  Composition of Federal Investment Outlays.......         65
   6-2.....  Federal Investment Budget Authority and Outlays:         66
              Grant and Direct Federal Programs..............
   6-3.....  Summary of PART Ratings and Scores for Direct            69
              Federal Investment Programs....................
   6-4.....  Net Stock of Federally Financed Physical Capital         72
   6-5.....  Net Stock of Federally Financed Research and             73
              Development....................................
   6-6.....  Net Stock of Federally Financed Education                74
              Capital........................................

  Credit and Insurance:

      Text Tables:
             Summary of PART Scores..........................         78
             Growth of GSEs in the Last Decade...............         81
             Capital Held by the GSEs and 10 of the Largest           84
              U.S. Financial Institutions....................
   7-1.....  Estimated Future Cost of Outstanding Federal             99
              Credit Programs................................
   7-2.....  Reestimates of Credit Subsidies on Loans                100
              Disbursed Between 1992-2003....................
   7-3.....  Direct Loan Subsidy Rates, Budget Authority, and        102
              Loan Levels, 2003-2005.........................
   7-4.....  Loan Guarantee Subsidy Rates, Budget Authority,         103
              and Loan Levels 2003-2005......................
   7-5.....  Summary of Federal Direct Loans and Loan                104
              Guarantees.....................................
   7-6.....  Direct Loan Write-Offs and Guaranteed Loan              105
              Terminations for Defaults......................
   7-7.....  Appropriations Acts Limitations on Credit Loan          107
              Levels.........................................
   7-8.....  Face Value of Government-Sponsored Enterprise           109
              Lending........................................
   7-9.....  Lending and Borrowing By Government-Sponsored           110
              Enterprises (GSEs).............................
   7-10....  Direct Loan Transactions of the Federal              CD-ROM
              Government.....................................
   7-11....  Guaranteed Loan Transactions of the Federal          CD-ROM
              Government.....................................

  Aid to State and Local Governments:
   8-1.....  Federal Grant Outlays by Agency.................        113
   8-2.....  Summary of PART Ratings and Scores for Grants to        119
              State and Local Governments....................
   8-3.....  Trends in Federal Grants to State and Local             120
              Governments....................................
   8-4.....  Federal Grants to State and Local Government's          123
              Budget Authority and Outlays...................
   8-5.....  Summary of Programs by Agency, Bureau, and              131
              Program........................................
   8-6.....  Summary of Programs by State....................        132
   8-7.....  National School Lunch Program...................        133
   8-8.....  Special Supplemental Nutrition Program for              134
              Women, Infants, and Children...................
   8-9.....  State Administrative Matching Grants for Food           135
              Stamp Program..................................
   8-10....  Title I Grants to Local Educational Agencies....        136
   8-11....  Special Education--Grants to States.............        137
   8-12....  Rehabilitation Services--Vocational                     138
              Rehabilitation Grants to States................
   8-13....  State Children's Health Insurance Program.......        139
   8-14....  Grants to States for Medicaid...................        140
   8-15....  Temporary Assistance for Needy Families (TANF)--        141
              Family Assistance Grants.......................
   8-16....  Child Support Enforcement--Federal Share of             142
              State and Local Administrative Costs and
              Incentives.....................................
   8-17....  Low Income Home Energy Assistance Program.......        143
   8-18....  Child Care and Development Block Grant..........        144
   8-19....  Child Care and Development Fund--Mandatory......        145

[[Page vii]]


   8-20....  Child Care and Development Fund--Matching.......        146
   8-21....  Head Start......................................        147
   8-22....  Foster Care--Title IV-E.........................        148
   8-23....  Public Housing Operating Fund...................        149
   8-24....  Housing Choice Vouchers.........................        150
   8-25....  Public Housing Capital Fund.....................        151
   8-26....  Community Development Block Grants--Entitlement         152
              Grants.........................................
   8-27....  Community Development Block Grants--State and           153
              Small Cities Programs..........................
   8-28....  Airport Improvement Program.....................        154
   8-29....  Highway Planning and Construction...............        155
   8-30....  Federal Transit Capital Investment Grants (Fixed        156
              Guideway Modernization)........................
   8-31....  Federal Transit Urbanized Area--Formula Grants          157
              (Section 5307).................................
   8-32....  Federal Transit Formula and Research Grants.....        158

  Integrating Services with Information Technology:
   9-1.....  Effectiveness of Agency's IT Management and E-       CD-ROM
              Gov Processes..................................
   9-2.....  Status of Presidential E-Government Initiatives.     CD-ROM

  Federal Drug Control Funding:
   10-1....  Federal Drug Control Funding, FY 2003-2005......        165
Economic and Accounting Analyses

  Economic Assumptions and Analyses:
   11-1....  Economic Assumptions............................        173
   11-2....  Comparison of Economic Assumptions..............        175
   11-3....  Comparison of Economic Assumptions in the 2004          176
              and 2005 Budgets...............................
   11-4....  Sources of Change in Budget Totals..............        177
   11-5....  Adjusted Structural Balance.....................        178
   11-6....  Sensitivity of the Budget to Economic                   180
              Assumptions....................................
  Stewardship:

   12-1....  Government Assets and Liabilities...............        188
   12-2....  Long-Run Budget Projections of 2005 Budget              191
              Policy.........................................
   12-3....  Actuarial Present Values Over a 75-Year                 199
              Projection Period..............................
   12-4....  National Wealth.................................        201
   12-5....  Economic and Social Indicators..................        203

   National Income and Product Accounts:

   13-1....  Federal Transactions in the National Income and         209
              Product Accounts, 2003-2005....................
   13-2....  Relationship of the Budget to the Federal               211
              Sector, NIPAs..................................
   13-3....  Federal Receipts and Expenditures in the NIPAs,         212
              Quarterly, 2003-2005...........................
Budget Reform Proposals

  Budget Reform Proposals:
   14-1....  General Purpose Discretionary Caps and                  215
              Adjustments....................................
   14-2....  Transportation Guarantee for Highways and Mass          216
              Transit Spending...............................
   14-3....  PAYGO Proposals.................................        216
Federal Borrowing and Debt

  Federal Borrowing and Debt:
   15-1....  Trends in Federal Debt Held by the Public.......        223
   15-2....  Federal Government Financing and Debt...........        225
   15-3....  Agency Debt.....................................        229
   15-4....  Debt Held by Government Accounts................        230
   15-5....  Federal Funds Financing and Change in Debt              233
              Subject to Statutory Limit.....................
   15-6....  Foreign Holdings of Federal Debt................        235

[[Page viii]]


Federal Receipts and Collections

  Federal Receipts:
   16-1....  Receipts by Source-Summary......................        239
   16-2....  Effect on Receipts of Changes in the Social             230
              Security Taxable Earnings Base.................
   16-3....  Effect of Proposals on Receipts.................        265
   16-4....  Receipts by Source..............................        269

  User Charges and Other Collections:
   17-1....  Gross Outlays, User Charges, Other Offsetting           271
              Collections and Receipts from the Public, and
              Net Outlays....................................
   17-2....  Total User Charge Collections...................        274
   17-3....  User Charge Proposals...........................        275
   17-4....  Offsetting Collections and Receipts from the            281
              Public.........................................
   17-5....  Offsetting Receipts by Type.....................        282

  Tax Expenditures:
   18-1....  Estimates of Total Income Tax Expenditures......        287
   18-2....  Estimates of Tax Expenditures for the Corporate         290
              and Individual Income Taxes....................
   18-3....  Income Tax Expenditures Ranked by Total 2005-           294
              2009 Projected Revenue Effect..................
   18-4....  Present Value of Selected Tax Expenditures for          296
              Activity in Calendar Year 2003.................
   18-5....  Outlay Equivalent Estimates for Tax Expenditures        296

    Appendix:

         1.  Comparison of Current Tax Expenditures with             324
              Those Implied by a Comprehensive Income Tax....
      2....  Comparison of Current Tax Expenditures with             325
              Those Implied by a Comprehensive Consumption
              Tax............................................
      3....  Revised Tax Expenditure Estimates...............        325
Dimensions of the Budget

   Comparison of Actual to Estimated Totals:.................
   19-1....  Comparison of Actual 2003 Receipts with the             329
              Initial Current Services Estimates.............
   19-2....  Comparison of Actual 2003 Outlays with the              330
              Initial Current Services Estimates.............
   19-3....  Comparison of the Actual 2003 Deficit with the          331
              Initial Current Services Estimate..............
   19-4....  Comparison of Actual and Estimated Outlays for          332
              Mandatory and Related Programs Under Current
              Law............................................
   19-5....  Reconciliation of Final Amounts for 2003........        333
   19-6....  Comparison of Actual and Estimated Surpluses or         334
              Deficits Since 1982............................
   19-7....  Differences Between Estimated and Actual                335
              Surpluses or Deficits for Five-year Budget
              Estimates Since 1982...........................

  Outlays to Public, Net and Gross:
   20-1....  Total Outlays, Net and Gross of Offsetting              337
              Collections and Receipts from the Public, by
              Agency, 2003-2005..............................
   Trust Funds and Federal Funds:.......................................
   21-1....  Receipts, Outlays, and Surplus or Deficit by            339
              Fund Group.....................................
   21-2....  Income, Outgo, and Balances of Trust Funds Group        341
   21-3....  Relationship of Total Federal Fund and Trust            342
              Fund Receipts to Unified Budget Receipts,
              Fiscal Year 2003...............................
   21-4....  Income, Outgo, and Balances of Major Trust Funds     CD-ROM
   21-5....  Income, Outgo, and Balances of Selected Federal      CD-ROM
              Funds..........................................


  Off-Budget Federal Entities and Non-Budgetary Activities:
   22-1....  Comparison of Total, On-Budget, and Off-Budget          345
              Transactions...................................

  Federal Employment and Compensation:
   23-1....  Federal Employment in the Executive Branch......        350
   23-2....  Total Federal Employment (Total Positions               351
              Filled)........................................

[[Page ix]]


   23-3....  Total Federal Employment (Full-Time Equivalents)        352
   23-4....  Personnel Compensation and Benefits.............        353
Current Service Estimates

  Current Service Estimates:
   24-1....  Baseline Category Totals........................        357
   24-2....  Alternative Baseline Assumptions................        359
   24-3....  Summary of Economic Assumptions.................        360
   24-4....  Beneficiary Projections for Major Benefit               361
              Programs.......................................
   24-5....  Impact of Regulations, Expiring Authorizations,         362
              and Other Assumptions in the Baseline..........
   24-6....  Baseline Receipts by Source.....................        366
   24-7....  Change in Baseline Outlay Estimates by Category.        367
   24-8....  Current Services Outlays by Function............        368
   24-9....  Current Services Outlays by Agency..............        369
   24-10...  Current Services Budget Authority by Function...        370
   24-11...  Current Services Budget Authority by Agency.....        371
   24-12...  Current Services Budget Authority by Function,       CD-ROM
              Category and Program...........................
   24-13...  Current Services Outlays by Function, Category       CD-ROM
              and Program....................................

Budget System and Concepts and Glossary

  The Budget System and Concepts:
   25-1....  Totals for the Budget and the Federal Government        379

Detailed Functional Tables

  Detailed Functional Tables:

   26-1....  Budget Authority and Outlays by Function,            CD-ROM
              Category and Program...........................

Federal Programs by Agency and Account

  Federal Programs by Agency and Account:

   27-1....  The Budget for Fiscal Year 2005 by Agency and        CD-ROM
              Account........................................

Program Rating Assessment Tool (PART), Program Summaries

  PART Summaries:

   ........  PART Summary File...............................     CD-ROM
   ........  PART Data File--Funding, Scores, and Ratings....     CD-ROM


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