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Friday February 3, 2012 
compiled by Christopher Chantrill

BUDGET DATA

US Budgets

Recent US Federal Deficit Numbers

Obama DeficitsBush Deficits
FY 2012: $1,101 billionFY 2009: $1,413 billion
FY 2011: $1,299 billionFY 2008: $459 billion
FY 2010: $1,293 billionFY 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.

Deficit Charts

Federal

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).

US Federal Deficits in the 20th Century


Click chart for briefing on Federal Deficit.
For numbers from 1900-2016 click here.


The two major peaks of the federal deficit in the 20th century occurred during World War I and World War II. Deficits increased steadily from the 1960s through the early 1990s, and then declined rapidly for the remainder of the 1990s. The federal deficit went over 10 percent of GDP in the aftermath of the financial crisis of 2008.

US Federal Deficits since the Founding


Click chart for briefing on Federal Deficit.
For numbers from 1792-2016 click here.

The United States government did not always run a deficit. In the 19th century the federal government typically only ran deficits during wartime or during financial crises. The government ran a deficit of 2 percent of GDP at the end of the war of 1812, and through the decade after the Panic of 1837 and culminating in the US - Mexican War of 1846-48. It ran a deficit of over 7 percent of GDP in the Civil War; and ran a deficit in the depressed 1890s.
In the 20th century the US ran a defict during World War I, the Great Depression, World War II, and in almost all years since 1960, during peace and war.

Note:
* Federal spending after 2010 is budgeted.


There’s much, much more:

  • Create CHARTS of government spending history here.
  • Look at TABLES of spending breakdown year-by-year for federal, state, and local here.
  • DOWNLOAD data for a single year here.
  • Take a TOUR of the website here.


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.

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State Finances Update for FY 2010

On December 14, 2011 the US Census Bureau released data on state finances for FY 2010 here, including spending and revenue for each individual state and for all states combined.

On December 27, 2011 we updated state and local spending and revenue data as follows:

  1. We replaced "guesstimated" state spending and revenue data for FY2010 using the data from the Census Bureau.
  2. We replaced "guesstimated" local spending and revenue data for FY 2010 with estimates for each spending and revenue category using the trends in state finances between FY 2009 and FY 2010.
  3. We replaced "guesstimated" state revenue data for FY 2011 with data from the Census Bureau's quarterly state tax summary here.
  4. We replaced "guesstimated" local revenue data for FY 2011 with estimates for each category using trends for each category of state revenue between FY 2010 and FY 2011.
  5. We replaced "guesstimated" state and local spending and revenue for FY 2012 thru FY2017 with new guesstimates based on the latest Census Bureau data for FY 2010 state finances and FY 2011 quarterly tax data.
The Census Bureau expects to release local spending and revenue data for FY 2010 in July 2012.

Highlights: State spending on Welfare was up from a "guesstimated" $164 billion to $237 billion.  Business and Other Revenue was up from a "guesstimated" $174 billion to $456 billion.  This reflects the $289 billion profit reported on state pension plans for FY 2010, a partial recovery from the FY 2009 loss of $524 billion.

Spend links

us numbersus budgetcustom chartdeficit/gdpspend/gdpdebt/gdpus gdpus real gdpstate gdpbreakdownfederalstatelocal200920102011californiatexas

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usgovernmentspending.com was designed and executed by:

Christopher Chantrill.

Email here.


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

presented by Christopher Chantrill
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