| Obama Deficits | Bush Deficits |
| FY 2013*: $901 billion | FY 2009: $1,413 billion |
| FY 2012*: $1,327 billion | FY 2008: $459 billion |
| FY 2011: $1,300 billion | FY 2007: $161 billion |
| FY 2010: $1,293 billion |
Although the federal deficit is the amount each year by which federal outlays in the federal budget exceed federal receipts, the gross federal debt increases each year by substantially more than the amount of the deficit each year. That is because a substantial amount of federal borrowing is not counted in the budget. See here.
Recent US Federal Deficits
Click chart for briefing on Federal Deficit. For numbers and more click here. | Click chart for briefing on Federal Deficit. For numbers and more click here. |
The two charts show above show recent and budgeted deficits for the US federal government. On the left is a chart of the deficit in current dollars. On the right is a chart of the deficit as a percent of Gross Domestic Product (GDP).
Note:
* Federal Deficit after 2011 is budgeted.
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GDP: Measuring Worth - US GDP
Federal: Bicentennial Edition: Historical Statistics of the US, Colonial Times to 1970
State: Bicentennial Edition: Historical Statistics of the US, Colonial Times to 1970
> data sources for other years
> data update schedule.
us data us chart deficit/gdp taxes/gdp debt/gdp us gdp us real gdp 2009 breakdown federal state local 2010 california new york texas
In 1911... at least nine million of the 12 million covered by national insurance were already members of voluntary sick pay schemes. A similar proportion were also eligible for medical care.
Green, Reinventing Civil Society
usgovernmentrevenue.com
presented by Christopher Chantrill
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