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Est. vs. Actual

Federal Budget: Total Revenue

Estimate vs. Actual for Total Revenue in FY2016

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Federal Budget: Federal Debt

Estimate vs. Actual for Federal Debt in FY2016

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Federal Budget: Federal Deficit

Estimate vs. Actual for Federal Deficit in FY2016

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Federal Budget: Individual Income Tax

Estimate vs. Actual for Individual Income Tax in FY2016

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Federal Budget: Corporate Income Tax

Estimate vs. Actual for Corporate Income Tax in FY2016

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Federal Budget: Social Insurance

Estimate vs. Actual for Social Insurance in FY2016

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Federal Budget: Ad Valorem

Estimate vs. Actual for Ad Valorem in FY2016

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Federal Budget: Business and Other

Estimate vs. Actual for Business and Other in FY2016

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Revenue Data Sources

Revenue data is from official government sources.

Gross Domestic Product data comes from US Bureau of Economic Analysis and measuringworth.com.

Detailed table of revenue data sources here.

Federal revenue data begins in 1792.

State and local revenue data begins in 1890.

State and local revenue data for individual states begins in 1957.

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Next Data Update

> Federal Budget FY18

> data update schedule.

FY18 Budget Blueprint Released

On March 16, 2018 the Trump administration issued a Budget Blueprint outlining proposed changes to "discretionary" spending for Fiscal Year 2018. The following table shows the major changes to Budget Authority in excess of $2 billion per agency.

AgencyFY18 Change
in $ billion
Agriculture-4.7
Defense+52.4
Education-9.2
Health and
Human Services
-12.6
Homeland
Security
+2.8
HUD-6.2
Justice-4.0
Labor-2.5
State and Intl Aid-10.9
Veterans+4.4
EPA-2.6

Because usgovernmentspending spending data is based on Historical Table 3.2, it shows spending by function rather than by agency. Until Table 3.2 is published in the final version of the FY18 budget we cannot exactly predict how the Table 3.2 numbers will change at the subfunction level.

But we have applied the Budget Blueprint budget authority changes into the budgeted FY18 outlays by guessing the application of agency level changes to subfunction changes to give a rough feeling of what the Trump changes look like. You can check out what is going on here or here.

The numbers will change when the final FY18 federal budget numbers come out.

Tax links

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