1. Home
  2. News & Issues
  3. US Economy

Off-Budget

By Kimberly Amadeo, About.com

Definition: The budget authority, outlays, and receipts of certain Federal entities that have been excluded from budget totals under provisions of law. Most of the off-budget amount is from the Social Security trust fund, with a minor amount from Postal Service revenues.
Examples:
Payroll tax receipts that go into the Social Security Trust Fund are considered "off-budget", but are nevertheless used as revenue in the current budget.

Explore US Economy

About.com Special Features

What is a Recession?

Sure, we're all talking about it, but what, exactly, defines a recession? More >

Weird Breaking News

A daily look at some of the oddest (and dumbest) crimes around. More >

  1. Home
  2. News & Issues
  3. US Economy
  4. Glossary
  5. Off Budget Definition>

©2009 About.com, a part of The New York Times Company.

All rights reserved.