Total Funding Levels for the FY 2010 President’s Budget – Treasury Chapter 

Appropriations (Dollars in Millions) FY 2008 FY 2009 FY 2010 Increase/ Increase/ 

Enacted Estimate Estimate Decrease Decrease 

ANNUAL APPROPRIATIONS $12,275 $12,685 $13,361 $676 5.3% 

INTEREST PAYMENTS: 

 Interest on Public Debt 451,154 392,321 $62,172 454,493 15.8% 

 Refunding Internal Revenue Collections, Interest 4,487 3,290 $209 3,499 6.4% 

 Interest on Uninvested Funds 9 8 $0 8 0.0% 

 Interest Paid To Credit Financing Accounts 5,378 69,889 -$51,209 18,680 -73.3% 

 Fed. Interest Liabilities to States 1 2 $0 2 0.0% 

 Payment to Resolution Funding Corp 1,393 2,157 $28 2,185 1.3% 

 Subtotal, INTEREST PAYMENTS $462,422 $467,667 $478,867 $11,200 2.4% 

 OTHER INTEREST: 1/ -$13,972 -$132,310 -$130,337 $1,973 -1.5% 

 Subtotal, Net Interest $448,450 $335,357 $348,530 $13,173 3.9% 

PERMANENT AUTHORITY APPROPRIATIONS: 

 Terrorism Insurance Program 3 108 $257 365 238.0% 

 GSE Preferred Stock Purchase Program 200,000 200,000 -$200,000 0 0.0% 

 GSE Mortgage-Backed Securities Purchase Program 0 50 -$37 13 -74.0% 

 Office of Financial Stability 0 279 -$17 262 -6.1% 

 Troubled Asset Relief Program (TARP) 0 114,686 -$114,686 0 -100.0% 

 Troubled Asset Relief Program Equity Purchase Program 0 141,555 -$141,555 0 -100.0% 

 Troubled Asset Relief Program Home Affordable Modification Program 0 50,000 -$50,000 0 -100.0% 

 Financial Stabilization Reserve 0 250,000 -$250,000 0 -100.0% 

 Special Inspector General for Troubled Asset Relief Program 0 50 -$50 0 -100.0% 

 Grants to States for Low-Income Housing Projects 0 2,930 -$2,930 0 -100.0% 

 Grants for Specified Energy Property 0 346 $205 551 59.2% 

 Exchange Stabilization Fund-Money Market Mutual Fund 0 1,687 -$1,687 0 -100.0% 

 Community Development Financial Institutions Fund Program 1 

 Presidential Election Campaign Fund 49 50 $0 50 0.0% 

 Treasury Forfeiture Fund 579 655 -$297 358 -45.3% 

 Biomass Energy Development -8 -11 $0 -11 0.0% 

 Payment to Terrestrial Wildlife Habitat Restoration Trust Fund 5 5 $0 5 0.0% 

 Debt Collection Special Fund (FMS) 97 63 $0 63 0.0% 

 Financial Agent Services 536 581 $15 596 2.6% 

 Federal Reserve Bank Reimbursement by -- 

 FMS 304 305 $16 321 5.2% 

 BPD 138 113 $29 142 25.7% 

 Claims, Judgments and Relief Acts 786 962 -$143 819 -14.9% 

 Check Forgery Insurance Fund 0 2 $0 2 0.0% 

 Continued Dumping and Subsidy Offset 396 396 -$396 0 0.0% 

 Internal Revenue Collections for Puerto Rico 373 491 -$5 486 -1.0% 

 Payment of Government Losses in Shipment 1 1 $0 1 0.0% 

 IRS User Fees 118 106 -$8 98 -7.5% 

 Payment Where Recovery Rebate Exceeds Liability for Tax 15,281 3,002 -$3,002 0 -100.0% 

 Payment Where EIC Exceeds Liability for Tax 40,600 41,461 $4,213 45,674 10.2% 

 Payment Where Child Credit Exceeds Liability for Tax 34,019 23,196 $2,377 25,573 10.2% 

 Payment Where Health Care Credit Exceeds Liability for Tax 97 156 $101 257 64.7% 

 Payment where AMT Credit Exceeds Liability for Tax 0 1,279 -$430 849 -33.6% 

 Payment where Certain Tax Credit Exceeds Liability for Corporate 0 269 -$269 0 -100.0% 

 Payment Where Tax Credit to Aid First-Time 

 Homebuyers Exceeds Liability for Tax 0 3,861 1,421 -$2,440 -63.2% 

 Payment Where American Opportunity Credit Exceeds Liability for Tax 0 0 1,616 $1,616 100.0% 

 Making Work Pay Tax Credit 0 662 $19,007 19,669 2871.1% 

 Build American Bond Payments, Recovery Act 0 91 $249 340 273.6% 

 Payment Where COBRA Credit Exceeds Liability for Tax 0 1,922 -$904 1,018 -47.0% 

 Payment Where Tax Credit for Certain Government Retirees Exceeds Liability for 

 Tax 0 0 

$99 

99 

100.0% 

 IRS Miscellaneous Retained Fees 70 70 $0 70 0.0% 

 IRS Informant Payments 21 50 $25 75 50.0% 

 Private Collection Agent Program 13 9 -$9 0 -100.0% 

 Offsets: 

 GSE Mortgage-Backed Securities Direct Loans, Negative Subsidies -54 -5,876 $3,638 -2,238 -61.9% 

 Troubled Asset Relief Program, Negative Subsidies 0 -752 $752 0 -100.0% 

 Proceeds, GSE Equity Related Transactions 0 -4,241 -$2,439 -6,680 57.5% 

 Excess of Proceeds from Debt Obligations Issued by Black Lung 0 -2,496 $2,496 0 -100.0% 

 Other Offsets -2,874 -2,285 $191 -2,094 -8.4% 

 Subtotal Offsets: -2,928 -15,650 $4,638 -11,012 -29.6% 

 Subtotal, PERMANENT AUTH. APPROP $290,551 $825,788 $89,770 -$736,018 -89.1% 

TOTAL, DEPARTMENT OF THE TREASURY $751,276 $1,173,830 $451,661 -$722,169 -61.5% 

1/ Change from FY 2008 to FY2009 and FY 2010 is mostly due to increase in interest received from TARP and GSE Credit Financing Accounts . 

 

Department of the Treasury - Budget in Brief FY 2010 Page 115