[Economic Indicators September, 2002]
[Page Number 32]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
                             FEDERAL FINANCE

FEDERAL RECEIPTS, OUTLAYS, AND DEBT

In the first 11 months of fiscal 2002, there was a deficit of $200.2 
billion, compared with a surplus of $91.8 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
--------------------------------------------------------------------------------------------------------------------------------------------------------
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   1,701.9     125.5   1,383.0    1,381.2       1.8     444.5     320.8     123.7    5,606.1   3,632.9
 
2000....................................   2,025.2   1,788.8     236.4   1,544.6    1,458.1      86.6     480.6     330.8     149.8    5,629.0   3,410.1
2001 ...................................   1,991.0   1,863.9     127.1   1,483.5    1,517.1     -33.6     507.5     346.8     160.7    5,770.3   3,320.0
2002 (estimates) .......................   1,867.4   2,032.5    -165.1   1,352.6    1,674.9    -322.3     514.8     357.6     157.2    6,182.2   3,528.7
Cumulative total, first 11
    months: 1
  Fiscal year 2001......................   1,832.4   1,740.7      91.8   1,366.8    1,405.8     -39.0     465.6     334.8     130.8    5,728.1   3,318.0
  Fiscal year 2002......................   1,660.5   1,860.7    -200.2   1,189.7    1,547.0    -357.4     470.9     313.7     157.2    6,179.5   3,544.9
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    \1\ Data from current issue 
Monthly Treasury Statement.

    Note.--Data for fiscal 2001 and 
2002 are from Mid-Session Review, 
Budget of the United States 
Government, Fiscal Year 2003, issued 
July 15, 2002. Other data (except as 
noted) are from Budget of the United 
States Government, Fiscal Year 2003, 
issued February 4, 2002.
    Sources: Department of the 
Treasury and Office of Management 
            and Budget.