| Obama Deficits | Bush Deficits |
| FY 2012: $1,327 billion | FY 2009: $1,413 billion |
| FY 2011: $1,300 billion | FY 2008: $459 billion |
| FY 2010: $1,293 billion | FY 2007: $161 billion |
The federal deficit is the amount each year by which federal outlays in the federal budget exceed federal receipts. But 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).
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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.
On February 13, 2012, we updated usgovernmentspending.com with the numbers from the historical tables in the FY13 federal budget. Actual revenue for FY 2011 and estimated revenue through FY 2017 come from Tables 2.1, 2.4, and 2.5. Actual spending for FY 2011 and estimated spending at the subfunction level through FY 2017 comes from Table 3.2. Federal debt estimates come from Table 7.1 and GDP estimates come from Table 10.1.
You can see you each line item changes from budget to budget here. You can compare budget estimates with actuals here.
Account level spending estimates through FY 2017 come from the outlays table in the Public Budget Database and will be updated in the next few days.
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.
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usgovernmentrevenue.com
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