[Economic Indicators August, 2008]
[Page Number 32]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
                             FEDERAL FINANCE

FEDERAL RECEIPTS, OUTLAYS, AND DEBT

In the first ten months of fiscal 2008, there was a deficit of $371.4 
billion, compared with a deficit of $157.4 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
--------------------------------------------------------------------------------------------------------------------------------------------------------
1992 .................................   1,091.3   1,381.6     -290.3     788.9    1,129.3     -340.4     302.4     252.3      50.1    4,001.8   2,999.7
1993 .................................   1,154.5   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 .................................   1,258.7   1,461.9     -203.2     923.7    1,182.5     -258.8     335.0     279.4      55.7    4,643.3   3,433.1
1995 .................................   1,351.9   1,515.9     -164.0   1,000.9    1,227.2     -226.4     351.1     288.7      62.4    4,920.6   3,604.4
1996 .................................   1,453.2   1,560.6     -107.4   1,085.7    1,259.7     -174.0     367.5     300.9      66.6    5,181.5   3,734.1
1997 .................................   1,579.4   1,601.3      -21.9   1,187.4    1,290.7     -103.2     392.0     310.6      81.4    5,369.2   3,772.3
1998 .................................   1,722.0   1,652.7       69.3   1,306.2    1,336.1      -29.9     415.8     316.6      99.2    5,478.2   3,721.1
1999 .................................   1,827.6   1,702.0      125.6   1,383.2    1,381.3        1.9     444.5     320.8     123.7    5,605.5   3,632.4
 
2000 .................................   2,025.5   1,789.2      236.2   1,544.9    1,458.5       86.4     480.6     330.8     149.8    5,628.7   3,409.8
2001 .................................   1,991.4   1,863.2      128.2   1,483.9    1,516.4      -32.4     507.5     346.8     160.7    5,769.9   3,319.6
2002 .................................   1,853.4   2,011.2     -157.8   1,338.1    1,655.5     -317.4     515.3     355.7     159.7    6,198.4   3,540.4
2003 .................................   1,782.5   2,160.1     -377.6   1,258.7    1,797.1     -538.4     523.8     363.0     160.8    6,760.0   3,913.4
2004 .................................   1,880.3   2,293.0     -412.7   1,345.5    1,913.5     -568.0     534.7     379.5     155.2    7,354.7   4,295.5
2005..................................   2,153.9   2,472.2     -318.3   1,576.4    2,070.0     -493.6     577.5     402.2     175.3    7,905.3   4,592.2
2006 .................................   2,407.3   2,655.4     -248.2   1,798.9    2,233.4     -434.5     608.4     422.1     186.3    8,451.4   4,829.0
2007 .................................   2,568.2   2,730.2     -162.0   1,933.2    2,276.6     -343.5     635.1     453.6     181.5    8,950.7   5,035.1
2008 (estimates) .....................   2,552.9   2,942.4     -389.4   1,896.1    2,469.8     -573.7     656.8     472.6     184.2    9,623.4   5,420.5
2009 (estimates) .....................   2,651.4   3,133.2     -481.8   1,969.0    2,631.7     -662.7     682.4     501.5     180.9   10,438.4   5,958.2
 
Cumulative total, first 10 months: \1\
  Fiscal year 2007....................   2,115.8   2,273.2     -157.4   1,584.1    1,921.1     -337.0     531.7     352.1     179.6    8,872.9   4,987.9
  Fiscal year 2008....................   2,094.4   2,465.8     -371.4   1,541.0    2,098.3     -557.3     553.4     367.6     185.8    9,547.4   5,390.7
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    \1\ Data from current issue 
Monthly Treasury Statement.
    Note.--Data for fiscal 2008 and 
fiscal 2009 are from Mid-Session 
Review, Budget of the U.S. 
Government, Fiscal Year 2009, issued 
July 28, 2008. Other data (except as 
noted) are from Budget of the United 
States Government, Fiscal Year 2009, 
issued February 4, 2008.

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