[Economic Indicators August, 1996]
[Page Number 32]
[From the U.S. Government Publishing Office, www.gpo.gov]
FEDERAL FINANCE
FEDERAL RECEIPTS, OUTLAYS, AND DEBT
In the first 10 months of fiscal 1996, there was a deficit of $102.1
billion, compared with a deficit of $137.2 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)......................... 1,453.4 1,570.1 -116.8 1,085.7 1,268.3 -182.7 367.7 301.8 65.9 5,180.1 3,747.1
Cumulative total, first 10 months:\1\
Fiscal year 1995..................... 1,110.8 1,248.0 -137.2 817.7 1,016.5 -198.8 293.1 231.6 61.5 4,906.7 3,594.1
Fiscal year 1996..................... 1,194.3 1,296.4 -102.1 887.2 1,056.0 -168.9 307.1 240.4 66.7 5,145.8 3,722.8
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\1\Data from Monthly Treasury
Statement.
Note.--Data for fiscal 1996 are
from Mid-Session Review of the 1997
Budget issued July 16, 1996. Other
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.