[Economic Indicators December, 1999]
[Page Number 32]
[From the U.S. Government Publishing Office, www.gpo.gov]




 
                             FEDERAL FINANCE

FEDERAL RECEIPTS, OUTLAYS, AND DEBT

In the first 2 months of fiscal 2000, there was a deficit of $54.3 
billion, compared with a deficit of $49.4 billion a year earlier.
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                                                                  [Billions of dollars]
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                                                       Total                        On-budget                    Off-budget            Federal debt (end
                                         --------------------------------------------------------------------------------------------     of period)
                                                                Surplus                        Surplus                       Surplus -------------------
          Fiscal year or period                                   or                             or                            or                Held by
                                          Receipts   Outlays  deficit  (- Receipts   Outlays   deficit  Receipts   Outlays   deficit    Gross      the
                                                                   )                             (-)                           (-)     Federal   public
--------------------------------------------------------------------------------------------------------------------------------------------------------
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     851.9      -185.4     500.4     686.1    -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....................................     769.2     990.5      -221.2     569.0     807.0    -238.0     200.2     183.5      16.7   2,120.6   1,736.7
1987....................................     854.4   1,004.1      -149.8     641.0     810.3    -169.3     213.4     193.8      19.6   2,346.1   1,888.7
1988....................................     909.3   1,064.5      -155.2     667.8     861.8    -194.0     241.5     202.7      38.8   2,601.3   2,050.8
1989....................................     991.2   1,143.7      -152.5     727.5     932.8    -205.2     263.7     210.9      52.8   2,868.0   2,189.9
 
1990....................................   1,032.0   1,253.2      -221.2     750.3   1,028.1    -277.8     281.7     225.1      56.6   3,206.6   2,410.7
1991....................................   1,055.0   1,324.4      -269.4     761.2   1,082.7    -321.6     293.9     241.7      52.2   3,598.5   2,688.1
1992....................................   1,091.3   1,381.7      -290.4     788.9   1,129.3    -340.5     302.4     252.3      50.1   4,002.1   2,998.8
1993....................................   1,154.4   1,409.4      -255.0     842.5   1,142.8    -300.4     311.9     266.6      45.3   4,351.4   3,247.5
1994....................................   1,258.6   1,461.7      -203.1     923.6   1,182.4    -258.8     335.0     279.4      55.7   4,643.7   3,432.1
1995....................................   1,351.8   1,515.7      -163.9   1,000.8   1,227.1    -226.3     351.1     288.7      62.4   4,921.0   3,603.4
1996....................................   1,453.1   1,560.5      -107.5   1,085.6   1,259.6    -174.0     367.5     300.9      66.6   5,181.9   3,733.0
1997....................................   1,579.3   1,601.2       -21.9   1,187.3   1,290.6    -103.3     392.0     310.6      81.4   5,369.7   3,771.1
1998 \1\................................   1,721.5   1,652.2        69.2   1,305.7   1,335.6     -30.0     415.8     316.6      99.2   5,478.7   3,721.6
1999 \1\................................   1,827.3   1,704.5       122.7   1,382.8   1,383.8      -1.0     444.5     320.8     123.7   5,606.5  r 3,633.
                                                                                                                                                       3
2000 (estimates)........................   1,914.2   1,771.7       142.5   1,444.8   1,439.7       5.1     469.4     332.0     137.4   5,698.4   3,531.1
Cumulative total, first 2 months: \2\
  Fiscal year 1999......................     234.0     283.3       -49.4     171.9     223.7     -51.8      62.1      59.6       2.5   5,546.0   3,757.6
  Fiscal year 2000......................     242.4     296.7       -54.3     175.9     236.5     -60.6      66.5      60.2       6.3   5,644.8   3,645.2
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    \1\ Data from September 1999 
Monthly Treasury Statement.
    \2\ Data from current issue 
Monthly Treasury Statement.

    Note.--Data for fiscal 2000 are 
estimates pending social security 
and medicare reform from the Mid-
Session Review,  Budget of the U.S. 
Government, Fiscal Year 2000, issued 
June 28, 1999. Other data (except as 
noted) are from Budget of the United 
States Government, Fiscal Year 2000, 
issued February 1, 1999.

    Sources: Department of the 
Treasury and Office of Management 
and Budget.