RevenueHistory201320142015
 Site Map 

 

    Contact    

What are the Federal Budget Actuals for FY 2015?

From US Treasury Monthly Report for September 2015.

Total Federal Outlays: $3.69 trillion

Total Federal Receipts: $3.25 trillion

Federal Deficit: $438 billion

Total Federal Debt: $18.1 trillion

Details of Budgeted vs. Actual Outlays for FY 2015

Budget of the United States Government

Definition: Every year in February the President of the United States is required to send to Congress a budget request for the fiscal year that begins the following October.

full screen

FY17 Federal Budget   also: Spending Budget  

 

Recent and budgeted headline federal budget numbers in the FY17 Budget including overall revenue, deficit, and debt.

$ trillion nom
201520162017
  Revenue3.23.33.6 
  Federal Deficit0.40.60.5 
  Other Borrowing-0.10.70.2 
  Gross Federal Debt18.119.420.1 
source: actual budgeted estimated

Click for Budget Detail

FY17 Federal Budget Pie Chart

2014   2015   2016   2017  

FY17 Federal Budget: Revenue by Type

Recent and budgeted federal revenue in the FY17 Budget
for major federal revenue types.

$ trillion nom
201520162017
  Income Taxes1.91.92.2 
  Social Insurance Taxes1.11.11.1 
  Ad valorem Taxes0.20.20.2 
  Fees and Charges0.00.00.0 
source: actual budgeted

Click for Budget Detail

Notes

Data Sources: Federal Revenue from Budget of the United States Government.

For a discussion of the sources of the government revenue data used here read How We Got the Data for usgovernmentspending.com.

Budget Updates: The president’s budget is typically published each year in February.

Other budgets:
FY86 FY87 FY88 FY89 FY90 FY91 FY92 FY93 FY94 FY95 FY96 FY97 FY98 FY99 FY00 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16

Federal Budget in History

in dollars

in percent GDP

1863 - Gross federal debt exceeded $1 billion for first time.

1865 - Federal spending exceeded $1 billion for first time.

1914 - Federal spending exceeded $1 billion for second time.

1918 - Gross federal debt exceeded $10 billion for first time.

1921 - Bureau of the Budget established by Budget and Accounting Act.

1943 - Gross federal debt exceeded $100 billion for first time.

1970 - Office of Management and Budget created.

1982 - Gross federal debt exceeded $1 trillion for first time.

1987 - Federal spending exceeded $1 trillion for first time.

2009 - Gross federal debt exceeded $10 trillion for first time.

1792 - Federal debt at 35 percent GDP.

1795 - Federal spending at two percent GDP.

1854 - Federal debt at one percent GDP.

1865 - Federal spending at 13 percent GDP at height of Civil War.

1867 - Federal debt at 32 percent GDP after Civil War.

1907 - Federal spending at 2.2 percent GDP.

1913 - Federal debt at 7.5 percent GDP.

1919 - Federal spending at 24 percent GDP at height of World War I.

1919 - Federal debt at 35 percent GDP after World War I.

1929 - Federal spending at 3.7 percent GDP.

1929 - Federal debt at 16 percent GDP.

1945 - Federal spending at 48 percent GDP at height of World War II.

1946 - Federal debt at 122 percent GDP after World War II.

1951 - Federal spending at 14.4 percent GDP.

1981 - Federal debt at 32 percent GDP.

1982 - Federal spending at 23 percent GDP.

1995 - Federal debt at 66 percent GDP.

2000 - Federal spending at 18 percent GDP.

2009 - Federal spending at 24 percent GDP.

2011 - Federal debt at 97 percent GDP.

Federal Budget Process

This Budget of the United States Government starts the annual “budget process” that ends when Congress passes and the president signs the annual appropriations bills or continuing resolutions to fund the federal government for another fiscal year.

On this page you can see headline numbers for budgeted revenue (or “receipts”), deficits, and also for major revenue types. Click here for details of receipts by function for the next five years.

Source: Budget of the United States Government.

Top Revenue Requests:

Find DEFICIT stats and history.

US BUDGET overview and pie chart.

Find NATIONAL DEBT today.

DOWNLOAD revenue data.

See FEDERAL BUDGET breakdown and estimated vs. actual.

Check INCOME TAX details and history.

See BAR CHARTS of revenue.

Check STATE revenue: CA NY TX FL and compare.

See REVENUE ANALYSIS briefing.

See REVENUE HISTORY briefing.

Take a COURSE at Taxes 101.

Make your own CUSTOM CHART.

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.

Site Search

Win Cash for Bugs

File a valid bug report and get a $5 Amazon Gift Certificate.

Next Data Update

> State Quarterly Taxes FY15

> data update schedule.

Data Sources for 2014_2017:

Sources for 2014:

GDP, GO: GDP, GO Sources
Federal: Fed. Budget: Hist. Tables 2.1, 2.4, 2.5, 7.1
State and Local: State and Local Gov. Finances
'Guesstimated' by projecting the latest change in reported revenue forward to future years

Sources for 2017:

GDP, GO: GDP, GO Sources
Federal: Fed. Budget: Hist. Tables 2.1, 2.4, 2.5, 7.1
State and Local: State and Local Gov. Finances
'Guesstimated' by projecting the latest change in reported revenue forward to future years

> data sources for other years
> data update schedule.

Agency Debt Update for 2015

usgovernmentspending.com has updated its data for agency debt from the Federal Reserve Board database. Data is now available for the period 1945-2015. You can see our Agency Debt page here, and a comparison with the official "on-the-books" debt here.

For the period 2016 to 2021 usgovernmentspending.com has "guesstimated" the agency debt, assuming that it increases at the same rate as it did in 2014 to 2015.

See "Federal 'Agency Debt' Added" for explanation of  data derivation. Data is downloaded from the FRB data download page.

Tax links

us dataus chartdeficit/gdptaxes/gdpdebt/gdpus gdpus real gdpbreakdownfederalstatelocal201420152016californianew yorktexas

Masthead

usgovernmentrevenue.com was designed and executed by:

Christopher Chantrill.

Email here.


presented by Christopher Chantrill

Data Sources  •   •  Contact