Read the Citizens Guide to the Federal Budget and/or 2011 People's Guide to the Federal Budget.These documents are posted in the Week Five module. Review the federal budget at the following website and provide your answers to the following questions http://www.whitehouse.gov/omb/budget 1. What is the Federal Budget? 2. In 2001, what percentage of the gross domestic product did spending for federal programs represent? What percentage did state and local government spending represent? What percentage did defense and international spending represent? How do these figures compare with the same categories in 2005, 2009, 2013, and 2017? Provide the figures for each of the years. 3. What was the amount of total receipts for 2001, 2005, 2009, 2013, 2017? Where did they come from? What is the estimated amount of total receipts for 2018? Where will they come from? 4. What was the amount of total outlays for 2001, 2005, 2009, 2013, 2017? Where did they go? What is the estimated amount of total outlays for 2018? Where will they go? 5. Explain the process used by the government to create a budget. ? 12 fa 9 Read the Citizens Guide to the Federal Budget and/or 2011 People's Guide to the Federal Budget.These documents are posted in the Week Five module. Review the federal budget at the following website and provide your answers to the following questions http://www.whitehouse.gov/omb/budget 1. What is the Federal Budget? 2. In 2001, what percentage of the gross domestic product did spending for federal programs represent? What percentage did state and local government spending represent? What percentage did defense and international spending represent? How do these figures compare with the same categories in 2005, 2009, 2013, and 2017? Provide the figures for each of the years. 3. What was the amount of total receipts for 2001, 2005, 2009, 2013, 2017? Where did they come from? What is the estimated amount of total receipts for 2018? Where will they come from? 4. What was the amount of total outlays for 2001, 2005, 2009, 2013, 2017? Where did they go? What is the estimated amount of total outlays for 2018? Where will they go? 5. Explain the process used by the government to create a budget. ? 12 fa 9