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US Federal Budget Analyst

Congressional Budget Office Analysis
Long Term Outlook for Federal Revenue issued in 2014

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To VIEW DATA or DOWNLOAD DATA click here.

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Chart Title: You can create a title for your chart. Use the text field to enter a title and click the button to the right of the text field.
Line/Bar: By default, the data series are displayed as line charts. But you can also select a bar chart.
Data Stack: By default, the data series are “stacked” when displayed on the chart. But you can change the setting to “un stack” the data series.
Chart Size: By default, the chart is displayed at medium size. But you can use the dropdown control to change the size.
Color: By default charts are displayed with color data lines and fill. You can change this to grayscale if you want.
US Budget Year: By default, the chart displays budgeted and estimated federal revenue in the current US Budget submitted to the Congress by the president. But you can look at previous budgeted numbers using this dropdown control.

Data Range

Start Year: You can select any start year you want using the dropdown control in the table heading. At the top and bottom of the dropdown only years ending in “0” are shown. Select a start year to get close, then select the start year you want.
End Year: You can select any end year you want using the dropdown control in the table heading. At the top and bottom of the dropdown only years ending in “0” are shown. Select an end year to get close, then select the end year you want.

Notes

The chart is based on data from the Congressional Budget Office 2014 Long-Term Budget Outlook, available here.

If you’d like to customize your chart you can use the table above to make your selections.

  • Select the year range: Select the start year and the end year you want by selecting the years you want in the two year dropdown boxes.
  • Select chart type: You can control the chart type (i.e., stacked, color, size) with dropdown controls.
  • Select report year: The Congressional Budget Office has compiled several long-term outlooks over the years, using roughly the same methodology. You can look at previous efforts and compare.

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Download Data File

 

Click button to download CSV file of dataset in chart.

Download Tab-delimited Data

Copy and Paste: To copy and paste data into spreadsheet for analysis, just copy the tab-delimited text in the textbox below (click cursor in text box, then press ctrl-A then press ctrl-C) and paste it into your spreadsheet.

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Below is a formatted version of the data displayed in the chart.

CBO Long Term Budget Outlook
Fiscal Years 2000 to 2088
YearRevenue
200019.9a
200118.8a
200217a
200315.7a
200415.6a
200516.7a
200617.6a
200717.9a
200817.1a
200914.6a
201014.6a
201115a
201215.2a
201316.7a
201417.6e
201518.2e
201618.2e
201718.1e
201818e
201918e
202018e
202118e
202218.1e
202318.2e
202418.3e
202518.4e
202618.4e
202718.5e
202818.6e
202918.7e
203018.7e
203118.8e
203218.9e
203319e
203419.1e
203519.1e
203619.2e
203719.3e
203819.4e
203919.4e
204019.5e
204119.6e
204219.7e
204319.8e
204419.9e
204520e
204620e
204720.1e
204820.2e
204920.3e
205020.4e
205120.5e
205220.6e
205320.7e
205420.8e
205520.9e
205621e
205721e
205821.2e
205921.2e
206021.3e
206121.4e
206221.5e
206321.6e
206421.7e
206521.8e
206621.9e
206721.9e
206822e
206922.1e
207022.2e
207122.3e
207222.4e
207322.5e
207422.6e
207522.7e
207622.8e
207722.9e
207822.9e
207923e
208023.1e
208123.2e
208223.3e
208323.4e
208423.5e
208523.6e
208623.7e
208723.8e
208823.9e

Legend:
a - actual reported
e - estimated by CBO in 2014

Source: CBO Long-Term Budget Outlook 2014.

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Revenue Data Sources

Revenue data is from official government sources.
  Federal data since 1962 comes from the president’s budget.
  All other revenue data comes from the US Census Bureau.

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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State and Local Finances Update for FY 2012

On December 11, 2014 usgovernmentspending.com updated the state and local spending and revenue for FY 2012 using the newly released Census Bureau State and Local Government Finances for FY 2012.  This includes state and local spending for the United States as a whole and individual states and the District of Columbia.

State and local spending and revenue for FY2012 are now actual historical spending as reported by the Census Bureau.  Previously state spending and revenue for FY2012 was actual and local spending and revenue was estimated.  The following table shows the difference between estimated and actual spending and revenue for FY2012:

FY 2012Estimated
$ billion
Actual
$ billion
Spending$1,657$1,647
Revenue$1,038$1,075

We have updated the "guesstimated" state and local finances for FY2013-19.

Also updated were state and local finances for 2009, 2010, and 2011 using newly released Census Bureau revised data.

Tax links

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Christopher Chantrill.

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