| A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | ||
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2 | FEDERAL GRANTS AS A SHARE OF STATE BUDGETS Three Year Average (2021 to 2023) | HOW SPENDING FROM A BILLIONAIRES INCOME TAX REVENUE COULD BE DISTRIBUTED IN STATES (Based on State's Current Share of Federal Spending) | ||||||||||||||||
3 | State | State Budget Funds ($ millions) | Federal Grant Funds ($ millions) | State & Federal Funds ($ millions) | Federal Funds as % of State Expenditures | % of Federal Funds going to each State | Wyden BIT Spending Over 10-years ($ millions) | Wyden Annual BIT Spending ($ millions) | Annual Increase in State Funds (% Based on 2021-2023) | Biden BMIT Spending Over 10-years ($ millions) | Biden Annual BMIT Spending ($ millions) | Annual Increase in State Funds (% Based on 2021-2023) | ||||||
4 | Alabama | $20,563 | $14,771 | $35,333 | 41.8% | 1.4% | $7,739 | $774 | 2.2% | $6,988 | $699 | 2.0% | ||||||
5 | Alaska | $8,662 | $5,847 | $14,508 | 40.3% | 0.5% | $3,063 | $306 | 2.1% | $2,766 | $277 | 1.9% | ||||||
6 | Arizona | $56,200 | $19,076 | $75,277 | 25.3% | 1.8% | $9,994 | $999 | 1.3% | $9,025 | $903 | 1.2% | ||||||
7 | Arkansas | $20,193 | $12,259 | $32,452 | 37.8% | 1.2% | $6,423 | $642 | 2.0% | $5,800 | $580 | 1.8% | ||||||
8 | California | $263,544 | $199,022 | $462,566 | 43.0% | 18.7% | $104,270 | $10,427 | 2.3% | $94,161 | $9,416 | 2.0% | ||||||
9 | Colorado | $23,065 | $11,670 | $34,735 | 33.6% | 1.1% | $6,114 | $611 | 1.8% | $5,521 | $552 | 1.6% | ||||||
10 | Connecticut | $28,333 | $10,370 | $38,703 | 26.8% | 1.0% | $5,433 | $543 | 1.4% | $4,906 | $491 | 1.3% | ||||||
11 | Delaware | $10,057 | $3,978 | $14,035 | 28.3% | 0.4% | $2,084 | $208 | 1.5% | $1,882 | $188 | 1.3% | ||||||
12 | Florida | $60,399 | $40,489 | $100,888 | 40.1% | 3.8% | $21,213 | $2,121 | 2.1% | $19,156 | $1,916 | 1.9% | ||||||
13 | Georgia | $40,557 | $23,185 | $63,742 | 36.4% | 2.2% | $12,147 | $1,215 | 1.9% | $10,969 | $1,097 | 1.7% | ||||||
14 | Hawaii | $14,861 | $4,919 | $19,780 | 24.9% | 0.5% | $2,577 | $258 | 1.3% | $2,327 | $233 | 1.2% | ||||||
15 | Idaho | $7,016 | $5,318 | $12,335 | 43.1% | 0.5% | $2,786 | $279 | 2.3% | $2,516 | $252 | 2.0% | ||||||
16 | Illinois | $91,289 | $28,790 | $120,079 | 24.0% | 2.7% | $15,083 | $1,508 | 1.3% | $13,621 | $1,362 | 1.1% | ||||||
17 | Indiana | $27,512 | $21,682 | $49,194 | 44.1% | 2.0% | $11,359 | $1,136 | 2.3% | $10,258 | $1,026 | 2.1% | ||||||
18 | Iowa | $18,250 | $10,675 | $28,924 | 36.9% | 1.0% | $5,593 | $559 | 1.9% | $5,050 | $505 | 1.7% | ||||||
19 | Kansas | $15,327 | $7,250 | $22,578 | 32.1% | 0.7% | $3,799 | $380 | 1.7% | $3,430 | $343 | 1.5% | ||||||
20 | Kentucky | $24,740 | $21,187 | $45,927 | 46.1% | 2.0% | $11,100 | $1,110 | 2.4% | $10,024 | $1,002 | 2.2% | ||||||
21 | Louisiana | $20,372 | $20,197 | $40,569 | 49.8% | 1.9% | $10,581 | $1,058 | 2.6% | $9,556 | $956 | 2.4% | ||||||
22 | Maine | $7,246 | $5,200 | $12,446 | 41.8% | 0.5% | $2,724 | $272 | 2.2% | $2,460 | $246 | 2.0% | ||||||
23 | Maryland | $36,623 | $23,522 | $60,145 | 39.1% | 2.2% | $12,323 | $1,232 | 2.0% | $11,129 | $1,113 | 1.9% | ||||||
24 | Massachusetts | $48,677 | $21,803 | $70,480 | 30.9% | 2.1% | $11,423 | $1,142 | 1.6% | $10,315 | $1,032 | 1.5% | ||||||
25 | Michigan | $41,601 | $34,200 | $75,801 | 45.1% | 3.2% | $17,918 | $1,792 | 2.4% | $16,181 | $1,618 | 2.1% | ||||||
26 | Minnesota | $32,328 | $20,130 | $52,457 | 38.4% | 1.9% | $10,546 | $1,055 | 2.0% | $9,524 | $952 | 1.8% | ||||||
27 | Mississippi | $12,433 | $11,271 | $23,704 | 47.5% | 1.1% | $5,905 | $591 | 2.5% | $5,333 | $533 | 2.2% | ||||||
28 | Missouri | $19,833 | $13,522 | $33,355 | 40.5% | 1.3% | $7,084 | $708 | 2.1% | $6,397 | $640 | 1.9% | ||||||
29 | Montana | $5,057 | $5,054 | $10,111 | 50.0% | 0.5% | $2,648 | $265 | 2.6% | $2,391 | $239 | 2.4% | ||||||
30 | Nebraska | $10,729 | $5,164 | $15,894 | 32.5% | 0.5% | $2,706 | $271 | 1.7% | $2,443 | $244 | 1.5% | ||||||
31 | Nevada | $13,568 | $6,092 | $19,661 | 31.0% | 0.6% | $3,192 | $319 | 1.6% | $2,882 | $288 | 1.5% | ||||||
32 | New Hampshire | $4,166 | $3,653 | $7,820 | 46.7% | 0.3% | $1,914 | $191 | 2.4% | $1,728 | $173 | 2.2% | ||||||
33 | New Jersey | $58,967 | $26,901 | $85,868 | 31.3% | 2.5% | $14,094 | $1,409 | 1.6% | $12,728 | $1,273 | 1.5% | ||||||
34 | New Mexico | $12,992 | $10,399 | $23,391 | 44.5% | 1.0% | $5,448 | $545 | 2.3% | $4,920 | $492 | 2.1% | ||||||
35 | New York | $118,874 | $78,692 | $197,566 | 39.8% | 7.4% | $41,228 | $4,123 | 2.1% | $37,231 | $3,723 | 1.9% | ||||||
36 | North Carolina | $32,860 | $23,141 | $56,001 | 41.3% | 2.2% | $12,124 | $1,212 | 2.2% | $10,948 | $1,095 | 2.0% | ||||||
37 | North Dakota | $5,095 | $2,893 | $7,988 | 36.2% | 0.3% | $1,516 | $152 | 1.9% | $1,369 | $137 | 1.7% | ||||||
38 | Ohio | $49,512 | $37,757 | $87,270 | 43.3% | 3.6% | $19,782 | $1,978 | 2.3% | $17,864 | $1,786 | 2.0% | ||||||
39 | Oklahoma | $13,884 | $12,520 | $26,405 | 47.4% | 1.2% | $6,560 | $656 | 2.5% | $5,924 | $592 | 2.2% | ||||||
40 | Oregon | $45,582 | $21,577 | $67,159 | 32.1% | 2.0% | $11,305 | $1,130 | 1.7% | $10,209 | $1,021 | 1.5% | ||||||
41 | Pennsylvania | $62,088 | $49,214 | $111,302 | 44.2% | 4.6% | $25,784 | $2,578 | 2.3% | $23,284 | $2,328 | 2.1% | ||||||
42 | Rhode Island | $7,354 | $5,906 | $13,260 | 44.5% | 0.6% | $3,094 | $309 | 2.3% | $2,794 | $279 | 2.1% | ||||||
43 | South Carolina | $20,341 | $13,317 | $33,658 | 39.6% | 1.3% | $6,977 | $698 | 2.1% | $6,301 | $630 | 1.9% | ||||||
44 | South Dakota | $3,535 | $3,093 | $6,629 | 46.7% | 0.3% | $1,621 | $162 | 2.4% | $1,464 | $146 | 2.2% | ||||||
45 | Tennessee | $25,667 | $19,958 | $45,625 | 43.7% | 1.9% | $10,456 | $1,046 | 2.3% | $9,442 | $944 | 2.1% | ||||||
46 | Texas | $75,442 | $64,235 | $139,677 | 46.0% | 6.0% | $33,654 | $3,365 | 2.4% | $30,391 | $3,039 | 2.2% | ||||||
47 | Utah | $15,635 | $7,383 | $23,018 | 32.1% | 0.7% | $3,868 | $387 | 1.7% | $3,493 | $349 | 1.5% | ||||||
48 | Vermont | $4,283 | $3,257 | $7,540 | 43.2% | 0.3% | $1,707 | $171 | 2.3% | $1,541 | $154 | 2.0% | ||||||
49 | Virginia | $49,566 | $25,707 | $75,273 | 34.2% | 2.4% | $13,468 | $1,347 | 1.8% | $12,163 | $1,216 | 1.6% | ||||||
50 | Washington | $42,711 | $20,600 | $63,311 | 32.5% | 1.9% | $10,793 | $1,079 | 1.7% | $9,746 | $975 | 1.5% | ||||||
51 | West Virginia | $12,106 | $6,080 | $18,186 | 33.4% | 0.6% | $3,185 | $319 | 1.8% | $2,876 | $288 | 1.6% | ||||||
52 | Wisconsin | $43,009 | $19,299 | $62,307 | 31.0% | 1.8% | $10,111 | $1,011 | 1.6% | $9,131 | $913 | 1.5% | ||||||
53 | Wyoming | $4,391 | $927 | $5,318 | 17.4% | 0.1% | $485 | $49 | 0.9% | $438 | $44 | 0.8% | ||||||
54 | Total | $1,687,096 | $1,063,153 | $2,750,250 | 38.7% | 100.0% | $557,000 | $55,700 | 2.0% | $503,000 | $50,300 | 1.8% | ||||||
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60 | Source: National Association of State Budget Officers | |||||||||||||||||
61 | State Expenditure Report FY21-23, p. 31, Table A-7: Total State Expenditures by Fund Source (excludes bonds) | |||||||||||||||||
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