[Economic Indicators May, 1996]
[Page Number 32]
[From the U.S. Government Publishing Office, www.gpo.gov]
FEDERAL FINANCE
FEDERAL RECEIPTS, OUTLAYS, AND DEBT
In the first 7 months of fiscal 1996, there was a deficit of $55.8
billion, compared with a deficit of $96.9 billion a year earlier.
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[Billions of dollars]
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Total On-budget Off-budget Gross Federal debt
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Surplus Surplus Surplus -------------------
Fiscal year or period or or or Held by
Receipts Outlays deficit Receipts Outlays deficit Receipts Outlays deficit Total the
(-) (-) (-) public
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1977..................................... 355.6 409.2 -53.7 278.7 328.5 -49.8 76.8 80.7 -3.9 706.4 549.1
1978..................................... 399.6 458.7 -59.2 314.2 369.1 -54.9 85.4 89.7 -4.3 776.6 607.1
1979..................................... 463.3 504.0 -40.7 365.3 404.1 -38.7 98.0 100.0 -2.0 829.5 640.3
1980..................................... 517.1 590.9 -73.8 403.9 476.6 -72.7 113.2 114.3 -1.1 909.1 709.8
1981..................................... 599.3 678.2 -79.0 469.1 543.1 -74.0 130.2 135.2 -5.0 994.8 785.3
1982..................................... 617.8 745.8 -128.0 474.3 594.4 -120.1 143.5 151.4 -7.9 1,137.3 919.8
1983..................................... 600.6 808.4 -207.8 453.2 661.3 -208.0 147.3 147.1 .2 1,371.7 1,131.6
1984..................................... 666.5 851.8 -185.4 500.4 686.0 -185.7 166.1 165.8 .3 1,564.7 1,300.5
1985..................................... 734.1 946.4 -212.3 547.9 769.6 -221.7 186.2 176.8 9.4 1,817.5 1,499.9
1986..................................... 769.1 990.3 -221.2 568.9 806.8 -238.0 200.2 183.5 16.7 2,120.6 1,736.7
1987..................................... 854.1 1,003.9 -149.8 640.7 810.1 -169.3 213.4 193.8 19.6 2,346.1 1,888.7
1988..................................... 909.0 1,064.1 -155.2 667.5 861.4 -194.0 241.5 202.7 38.8 2,601.3 2,050.8
1989..................................... 990.7 1,143.2 -152.5 727.0 932.3 -205.2 263.7 210.9 52.8 2,868.0 2,189.9
1990..................................... 1,031.3 1,252.5 -221.2 749.7 1,027.5 -277.8 281.7 225.1 56.6 3,206.6 2,410.7
1991..................................... 1,054.3 1,323.6 -269.4 760.4 1,081.9 -321.6 293.9 241.7 52.2 3,598.5 2,688.1
1992..................................... 1,090.5 1,380.9 -290.4 788.0 1,128.5 -340.5 302.4 252.3 50.1 4,002.1 2,998.8
1993..................................... 1,153.5 1,408.7 -255.1 841.6 1,142.1 -300.5 311.9 266.6 45.3 4,351.4 3,247.5
1994..................................... 1,257.7 1,460.8 -203.1 922.7 1,181.5 -258.8 335.0 279.4 55.7 4,643.7 3,432.1
1995..................................... 1,355.2 1,519.1 -163.9 1,004.1 1,230.5 -226.3 351.1 288.7 62.4 4,921.0 3,603.4
1996 (estimates)......................... 1,426.8 1,572.4 -145.6 1,059.3 1,270.3 -211.0 367.4 302.1 65.3 5,207.3 3,768.7
Cumulative total, first 7 months:\1\
Fiscal year 1995..................... 779.8 876.7 -96.9 574.9 712.1 -137.2 204.9 164.6 40.3 4,799.2 3,530.2
Fiscal year 1996..................... 848.5 904.4 -55.8 635.2 732.9 -97.8 213.4 171.4 42.0 5,059.3 3,681.7
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\1\Data from Monthly Treasury
Statement.
Note.--Data (except as noted)
are from Budget of the United States
Government, Fiscal Year 1997, issued
March 19, 1996.
Sources: Department of the
Treasury and Office of Management
and Budget.