[Economic Indicators January, 2003]
[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 2003, there was a deficit of $108.7
billion, compared with a deficit of $35.4 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
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1986 r................................ 769.2 990.4 -221.2 569.0 806.9 -237.9 200.2 183.5 16.7 2,120.5 1,740.6
1987 r................................ 854.4 1,004.1 -149.7 641.0 810.2 -169.3 213.4 193.8 19.6 2,346.0 1,889.8
1988 r................................ 909.3 1,064.5 -155.2 667.8 861.8 -194.0 241.5 202.7 38.8 2,601.1 2,051.6
1989 r................................ 991.2 1,143.6 -152.5 727.5 932.7 -205.2 263.7 210.9 52.8 2,867.8 2,190.7
1990 r................................ 1,032.0 1,253.2 -221.2 750.3 1,028.1 -277.8 281.7 225.1 56.6 3,206.3 2,411.6
1991 r................................ 1,055.0 1,324.4 -269.3 761.2 1,082.7 -321.5 293.9 241.7 52.2 3,598.2 2,689.0
1992 r................................ 1,091.3 1,381.7 -290.4 788.9 1,129.3 -340.5 302.4 252.3 50.1 4,001.8 2,999.7
1993 r................................ 1,154.4 1,409.5 -255.1 842.5 1,142.9 -300.4 311.9 266.6 45.3 4,351.0 3,248.4
1994 r................................ 1,258.6 1,461.9 -203.3 923.6 1,182.5 -258.9 335.0 279.4 55.7 4,643.3 3,433.1
1995 r................................ 1,351.8 1,515.8 -164.0 1,000.8 1,227.1 -226.4 351.1 288.7 62.4 4,920.6 3,604.4
1996 r................................ 1,453.1 1,560.5 -107.5 1,085.6 1,259.6 -174.1 367.5 300.9 66.6 5,181.5 3,734.1
1997 r................................ 1,579.3 1,601.3 -22.0 1,187.3 1,290.6 -103.3 392.0 310.6 81.4 5,369.2 3,772.3
1998 r................................ 1,721.8 1,652.6 69.2 1,306.0 1,336.0 -30.0 415.8 316.6 99.2 5,478.2 3,721.1
1999 r................................ 1,827.5 1,701.9 125.6 1,383.0 1,381.1 1.9 444.5 320.8 123.7 5,605.5 3,632.4
2000 r................................ 2,025.2 1,788.8 236.4 1,544.6 1,458.0 86.6 480.6 330.8 149.8 5,628.7 3,409.8
2001 r................................ 1,991.2 1,863.9 127.3 1,483.7 1,517.1 -33.4 507.5 346.8 160.7 5,769.9 3,319.6
2002 r................................ 1,853.2 2,011.0 -157.8 1,337.9 1,655.3 -317.5 515.3 355.7 159.7 6,198.4 3,540.4
2003 (estimates) r.................... 1,836.2 2,140.4 -304.2 1,304.7 1,772.3 -467.6 531.6 368.1 163.5 6,752.0 3,878.4
Cumulative total, first 3 months: \1\
Fiscal year 2002.................... 466.3 501.7 -35.4 356.3 437.3 -81.0 110.0 64.3 45.6 5,909.4 3,379.5
Fiscal year 2003.................... 427.4 536.1 -108.7 309.4 471.3 -161.9 118.0 64.8 53.2 6,381.5 3,637.0
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\1\ Data from current issue
Monthly Treasury Statement.
Note.--Data (except as noted)
are from Budget of the United States
Government, Fiscal Year 2004, issued
February 3, 2003.
Sources: Department of the
Treasury and Office of Management
and Budget.