[Economic Indicators August, 2004]
[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 2004, there was a deficit of $395.8
billion, compared with a deficit of $324.0 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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1987 ................................. 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 ................................. 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 ................................. 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 ................................. 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 ................................. 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 ................................. 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 ................................. 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 ................................. 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 ................................. 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 ................................. 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 ................................. 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 ................................. 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 ................................. 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 ................................. 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 ................................. 1,991.2 1,863.8 127.4 1,483.7 1,516.9 -33.4 507.5 346.8 160.7 5,769.9 3,319.6
2002 ................................. 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 ................................. 1,782.3 2,157.1 -374.8 1,258.5 1,794.1 -535.6 523.8 363.0 160.8 6,760.0 3,913.6
2004 (estimates) ..................... 1,874.4 2,319.1 -444.7 1,340.9 1,940.5 -599.6 533.5 378.6 155.0 7,397.4 4,330.0
Cumulative total, first 10 months: \1\
Fiscal year 2003.................... 1,476.2 1,800.2 -324.0 1,036.4 1,516.7 -480.3 439.8 283.5 156.3 6,727.2 3,892.8
Fiscal year 2004.................... 1,534.7 1,930.5 -395.8 1,088.4 1,633.3 -544.9 446.3 297.1 149.2 7,290.0 4,257.4
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\1\ Data from current issue
Monthly Treasury Statement.
Note.--Data for fiscal 2003 and
2004 are from Mid-Session Review of
the FY 2005 Budget issued July 30,
2004. Other data (except as noted)
are from Budget of the United States
Government, Fiscal Year 2005, issued
February 2, 2004.
Sources: Department of the
Treasury and Office of Management
and Budget.