[Economic Indicators January, 2001]
[Page Number 32]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
                             FEDERAL FINANCE

FEDERAL RECEIPTS, OUTLAYS, AND DEBT

In the first 3 months of fiscal 2001, there was a deficit of $2.3 
billion, compared with a deficit of $20.3 billion a year earlier.
  ______________________________________________________________________


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                                                                  [Billions of dollars]
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                     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
--------------------------------------------------------------------------------------------------------------------------------------------------------
1984..................................     666.5     851.9      -185.4     500.4     686.1     -185.7     166.1     165.8       0.3    1,564.7   1,307.0
1985..................................     734.1     946.4      -212.3     547.9     769.6     -221.7     186.2     176.8       9.4    1,817.5   1,507.4
1986..................................     769.2     990.5      -221.2     569.0     807.0     -238.0     200.2     183.5      16.7    2,120.6   1,740.8
1987..................................     854.4   1,004.1      -149.8     641.0     810.3     -169.3     213.4     193.8      19.6    2,346.1   1,889.9
1988..................................     909.3   1,064.5      -155.2     667.8     861.8     -194.0     241.5     202.7      38.8    2,601.3   2,051.8
1989..................................     991.2   1,143.7      -152.5     727.5     932.8     -205.2     263.7     210.9      52.8    2,868.0   2,191.0
 
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   2,411.8
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   2,689.3
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   3,000.1
1993..................................   1,154.4   1,409.5      -255.1     842.5   1,142.9     -300.5     311.9     266.6      45.3    4,351.4   3,248.8
1994..................................   1,258.6   1,461.9      -203.3     923.6   1,182.5     -258.9     335.0     279.4      55.7    4,643.7   3,433.4
1995..................................   1,351.8   1,515.8      -164.0   1,000.8   1,227.2     -226.4     351.1     288.7      62.4    4,921.0   3,604.8
1996..................................   1,453.1   1,560.6      -107.5   1,085.6   1,259.7     -174.1     367.5     300.9      66.6    5,181.9   3,734.5
1997..................................   1,579.3   1,601.3       -22.0   1,187.3   1,290.7     -103.4     392.0     310.6      81.4    5,369.7   3,772.8
1998..................................   1,721.8   1,652.6        69.2   1,306.0   1,336.0      -30.0     415.8     316.6      99.2    5,478.7   3,721.6
1999..................................   1,827.5   1,703.0       124.4   1,383.0   1,382.3         .7     444.5     320.8     123.7    5,606.1   3,632.9
 
2000..................................   2,025.2   1,789.0       236.2   1,544.6   1,458.2       86.4     480.6     330.8     149.8    5,629.0   3,410.1
2001 (estimates) r....................   2,124.6   1,868.3       256.3   1,620.4   1,522.0       98.4     504.3     346.4     157.9    5,635.5   3,173.0
 
Cumulative total, first 3 months: \1\
    Fiscal year 2000..................     443.6     463.9       -20.3     338.7     401.1      -62.4     104.9      62.8      42.1    5,725.3   3,681.0
    Fiscal year 2001..................     461.3     463.6        -2.3     352.1     365.3      -13.3     109.2      98.3      10.9    5,617.3   3,385.1
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    \1\ Data from current issue 
Monthly Treasury Statement.

    Note.--Data for fiscal 2000 and 
fiscal 2001 are from FY 2002 
Economic Outlook, Highlights from FY 
1994 to FY 2001, FY 2002 Baseline 
Projections, issued January 16, 
2001. Other data (except as noted) 
are from Budget of the United States 
Government, Fiscal Year 2001, issued 
February 7, 2000.

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