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BUDGET DATA
Recent US Federal Deficit Numbers
| 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.
Deficit Charts
Recent US Federal Deficits
For numbers and more click here. 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.
There’s much, much more:
What is the spending data; where is it from?
- Federal spending data begins in 1792.
- State and local spending data begins in 1902.
- Spending data is from official government sources.
Federal data since 1962 comes from the president’s budget.
All other spending data comes from the US Census Bureau.
- Gross Domestic Product data comes from measuringworth.com.
Federal data since 1962 comes from the president’s budget.
All other spending data comes from the US Census Bureau.
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Top links
Data Sources for :
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 GDP for 2011 Updated
Usgovernmentspending.com uses measuringworth.com as its GDP source because the data series for nominal and real GDP go back to 1790.
Tax links
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
Education
“We have met with families in which for weeks together, not an article of sustenance but potatoes had been used; yet for every child the hard-earned sum was provided to send them to school.”
E. G. West, Education and the State
usgovernmentrevenue.com
presented by Christopher Chantrill
Data Sources
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