[Economic Report of the President (1996)]
[Administration of William J. Clinton]
[Online through the Government Publishing Office, www.gpo.gov]

[DOCID: f:erp_b75._]
Economic Report of the President - - - - - - - - - - - - H. Doc. 104-161
[From the online service of the U.S. Government Printing Office]
[wais.access.gpo.gov]


Table B-75.--Federal budget receipts, outlays, surplus or deficit, and debt, as percent of gross domestic product, 1934-95
[Percent; fiscal years]
--------------------------------------------------------------------------------------------------------------------------------------------------------
Outlays                                Gross Federal debt (end of
--------------------------------    Surplus or                period)
Fiscal year or period                      Receipts                        National       deficit (-)   -------------------------------
Total          defense                           Total      Held by public
--------------------------------------------------------------------------------------------------------------------------------------------------------
1934...................................................             4.9            10.8  ..............            -5.9   ..............  ..............

1935...................................................             5.3             9.3  ..............            -4.1   ..............  ..............
1936...................................................             5.1            10.6  ..............            -5.6   ..............  ..............
1937...................................................             6.2             8.7  ..............            -2.5   ..............  ..............
1938...................................................             7.7             7.8  ..............             -.1   ..............  ..............
1939...................................................             7.2            10.4  ..............            -3.2             54.9            47.2

1940...................................................             6.9             9.9             1.7            -3.1             53.1            44.8
1941...................................................             7.7            12.1             5.7            -4.4             51.1            42.9
1942...................................................            10.3            24.8            18.1           -14.5             55.9            47.8
1943...................................................            13.7            44.8            38.0           -31.1             81.3            72.8
1944...................................................            21.7            45.3            39.2           -23.6            101.2            91.6
1945...................................................            21.3            43.7            39.1           -22.4            122.7           110.9
1946...................................................            18.5            26.0            20.1            -7.5            127.5           113.8
1947...................................................            17.3            15.5             5.7             1.8            115.4           100.6
1948...................................................            16.8            12.1             3.7             4.8            102.2            87.7
1949...................................................            15.0            14.8             5.0              .2             96.2            81.6

1950...................................................            14.8            16.0             5.2            -1.2             96.6            82.4
1951...................................................            16.5            14.5             7.5             1.9             81.4            68.4
1952...................................................            19.4            19.9            13.5             -.4             76.1            63.1
1953...................................................            19.1            20.9            14.5            -1.8             73.1            60.0
1954...................................................            18.9            19.3            13.4             -.3             73.6            61.0
1955...................................................            17.0            17.8            11.1             -.8             71.3            58.9
1956...................................................            17.9            17.0            10.2              .9             65.5            53.4
1957...................................................            18.3            17.5            10.4              .8             62.1            50.0
1958...................................................            17.8            18.4            10.4             -.6             62.4            50.5
1959...................................................            16.5            19.2            10.2            -2.7             59.9            48.9

1960...................................................            18.3            18.3             9.5              .1             57.6            46.9
1961...................................................            18.3            18.9             9.6             -.6             56.6            46.1
1962...................................................            18.0            19.2             9.4            -1.3             54.6            44.7
1963...................................................            18.2            19.0             9.1             -.8             53.1            43.5
1964...................................................            18.0            19.0             8.8             -.9             50.5            41.1
1965...................................................            17.4            17.6             7.5             -.2             48.0            38.9
1966...................................................            17.8            18.3             7.9             -.5             44.7            35.9
1967...................................................            18.8            19.8             9.0            -1.1             42.9            33.6
1968...................................................            18.1            21.0             9.7            -3.0             43.5            34.2
1969...................................................            20.2            19.8             8.9              .4             39.5            30.0

1970...................................................            19.6            19.9             8.3             -.3             38.7            28.7
1971...................................................            17.8            20.0             7.5            -2.2             38.8            28.8
1972...................................................            18.1            20.1             6.9            -2.0             38.0            28.1
1973...................................................            18.1            19.3             6.0            -1.2             36.6            26.8
1974...................................................            18.8            19.2             5.7             -.4             34.5            24.5
1975...................................................            18.5            22.0             5.7            -3.5             35.9            26.1
1976...................................................            17.7            22.1             5.3            -4.4             37.3            28.3
Transition quarter.....................................            18.3            21.6             5.0            -3.3             36.2            27.8
1977...................................................            18.5            21.3             5.1            -2.8             36.8            28.6
1978...................................................            18.5            21.3             4.8            -2.7             36.0            28.2
1979...................................................            19.1            20.7             4.8            -1.7             34.1            26.4

1980...................................................            19.6            22.3             5.1            -2.8             34.4            26.8
1981...................................................            20.2            22.9             5.3            -2.7             33.6            26.5
1982...................................................            19.8            23.9             5.9            -4.1             36.4            29.5
1983...................................................            18.1            24.4             6.3            -6.3             41.4            34.1
1984...................................................            18.0            23.1             6.2            -5.0             42.3            35.2
1985...................................................            18.5            23.9             6.4            -5.4             45.8            37.8
1986...................................................            18.2            23.5             6.5            -5.2             50.3            41.2
1987...................................................            19.2            22.5             6.3            -3.4             52.7            42.4
1988...................................................            18.9            22.1             6.0            -3.2             54.1            42.7
1989...................................................            19.2            22.1             5.9            -2.9             55.4            42.3

1990...................................................            18.8            22.9             5.5            -4.0             58.5            44.0
1991...................................................            18.6            23.3             4.8            -4.7             63.4            47.4
1992...................................................            18.4            23.3             5.0            -4.9             67.6            50.6
1993...................................................            18.4            22.5             4.7            -4.1             69.5            51.9
1994...................................................            19.0            22.0             4.2            -3.1             70.0            51.7
1995 \1\...............................................            19.3            21.6             3.9            -2.3             70.3            51.4
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\1\ Estimates.

Note.--Data shown in this table are from Budget of the United States Government, Fiscal Year 1996, February 1995, except as noted in footnote 2, Table B-
74.
See also Note, Table B-74.

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