1993 to 2021 Budget of the United States Government

 

 

 

 

 

 

 

 

 

 

 USS CORAL SEA (CV 43)

 

 

 

 

 

 

 

 

1993 to 2021 Budget of the United States Government

 

Issued by the Office of Management and Budget (OMB), the Budget of the United States Government is a collection of documents that contains the budget message of the President, information about the President's budget proposals for a given fiscal year, and other budgetary publications that have been issued throughout the fiscal year. Other related and supporting budget publications are included, which may vary from year to year.

 

GPO has signed and certified the PDF files to assure users that the online documents are official and authentic. The digitally signed PDF files should be viewed using Adobe Acrobat or Reader version 7.0 or higher.

https://www.govinfo.gov/app/collection/budget/2021

 

Fiscal Year 2021

 

President Trump's budget for FY 2021 totals $4.829 trillion, eclipsing all other previous budgets. Mandatory expenditures, such as Social Security, Medicare, and the Supplemental Nutrition Assistance Program account for about 60% of the budget. For FY 2021, budget expenditures exceed federal revenues by $966 billion.

How much is the US budget for 2020?

 

President Donald Trump released a would-be record $4.829 trillion federal budget proposal for fiscal year (FY) 2021 on Feb. 5, 2020. 1 The U.S. government estimates it will receive $3.863 trillion in revenue, creating a $966 billion deficit for Oct. 1, 2020, through Sept.

Fiscal Year 2020

 

For FY 2020, it was a record $3.13 trillion. That's three times as much as the $984 billion deficit in FY 2019.5 The increase was due to spending to combat the effects of the COVID-19 pandemic.

 

Fiscal Year 2019

Submitted

February 12, 2018

Submitted to

116th Congress

Total revenue

$3.422 trillion (requested) $3.5 trillion (actual) 16.3% of GDP

Total expenditures

$4.407 trillion (requested) $4.4 trillion (actual) 21% of GDP

Deficit

$985 billion (requested) $984 billion (actual) 4.6% of GDP

 

Fiscal Year 2018

Submitted

March 16, 2017

Total expenditures

$4.094 trillion (requested) $4.109 trillion (actual) 20.3% of GDP

Deficit

$440 billion (requested) $779 billion (actual) 3.8% of GDP

GDP

$20.236 trillion

 

Fiscal Year 2017

Submitted

February 9, 2016

Submitted to

114th Congress

Total revenue

$3.644 trillion (requested) $3.316 trillion (actual) 17.3% of GDP

Total expenditures

$4.147 trillion (requested) $3.982 trillion (actual) 20.8% of GDP

Deficit

$503 billion (requested) $665 billion (actual) 3.5% of GDP

 

Fiscal Year 2016

Submitted

February 2, 2015

Submitted to

114th Congress

Total revenue

$3.525 trillion (requested) $3.268 trillion (actual) 17.8% of GDP

Total expenditures

$3.999 trillion (requested) $3.853 trillion (actual) 20.9% of GDP

Deficit

$474 billion (requested) $585 billion (actual) 3.2% of GDP

 

Fiscal Year 2015

Submitted

March 4, 2014

Submitted to

113th Congress

Total revenue

$3.34 trillion (requested) $3.249 trillion (actual) 18.2% of GDP

Total expenditures

$3.90 trillion (requested) $3.688 trillion (actual) 20.6% of GDP

Deficit

$564 billion (requested) $438.9 billion (actual) 2.45% of GDP

 

Fiscal Year 2014

Submitted

April 10, 2013

Submitted by

Barack Obama

Submitted to

113th Congress

Total revenue

$3.03 trillion (requested) $3.02 trillion (actual) 17.5% of GDP (actual)

Total expenditures

$3.77 trillion (requested) $3.506 trillion (actual) 20.3% of GDP (actual)

 

Fiscal Year 2013

Submitted

February 13, 2012

Total expenditures

$3.803 trillion (requested) $3.45 trillion (actual) 20.8% of GDP (actual)

Deficit

$901 billion (requested) 5.5% of GDP $680 billion (actual) 4.1% of GDP (actual)

Debt

$16.72 trillion (at fiscal end) 100.8% of GDP

GDP

$16.582 trillion

 

Fiscal Year 2012

Submitted

February 14, 2011

Total expenditures

$3.729 trillion (requested) $3.537 trillion (actual) 22.1% of GDP (actual)

Deficit

$1.101 trillion (requested) 7.0% of GDP $1.087 trillion (actual) 6.8% of GDP (actual)

 

Fiscal Year 2011

Submitted

February 1, 2010

Total expenditures

$3.834 trillion (requested) $3.603 trillion (actual) 23.4% of GDP (actual)

Deficit

$1.645 trillion (requested) 10.9% of GDP $1.30 trillion (actual) 8.5% of GDP (actual)

Debt

$14.764 trillion (at fiscal end) 96.0% of GDP

GDP

$15.379 trillion

 

Fiscal Year 2010

 

President Barack Obama with OMB Director Peter Orszag.

Submitted

February 26, 2009

Submitted to

111th Congress

Total revenue

$2.381 trillion (requested) $2.163 trillion (actual) 14.6% of GDP (actual)

Total expenditures

$3.552 trillion (requested) $3.456 trillion (actual) 23.4% of GDP (actual)

Submitted

February 26, 2009

 

Fiscal Year 2009

Submitted

February 4, 2008

Submitted by

George W. Bush

Submitted to

110th United States Congress

Total revenue

$2.7 trillion (estimated) $2.105 trillion (actual) 14.6% of GDP (actual)

Total expenditures

$3.107 trillion (estimated) $3.518 trillion (actual) 24.4% of GDP (actual)

 

Fiscal Year 2008

Submitted

February 5, 2007

Submitted by

George W. Bush

Submitted to

110th Congress

Total revenue

$2.662 trillion (requested) $2.524 trillion (actual) 17.1% of GDP (actual)

Total expenditures

$2.902 trillion (requested) $2.983 trillion (actual) 20.2% of GDP (actual)

 

Fiscal Year 2007

Submitted

February 6, 2006

Total expenditures

$2.77 trillion (requested) $2.729 trillion (actual) 19.1% of GDP (actual)

Deficit

$354 billion (requested) $160.7 billion (actual) 1.1% of GDP (actual)

Debt

$8.95 trillion (at fiscal end) 62.5% of GDP (actual)

GDP

$14.323 trillion

 

Fiscal Year 2006

Submitted

February 7, 2005

Total expenditures

$2.568 trillion (requested) $2.655 trillion (actual) 19.4% of GDP (actual)

Deficit

$390 billion (requested) $248.2 billion (actual) 1.8% of GDP (actual)

Debt

$8.45 trillion (at fiscal end) 61.8% of GDP (actual)

GDP

$13.685 trillion

 

Fiscal Year 2005

Submitted

February 2, 2004

Total expenditures

$2.4 trillion (requested) $2.47 trillion (actual) 19.2% of GDP (actual)

Deficit

$364 billion (requested) $318.3 billion (actual) 2.5% of GDP (actual)

Debt

$7.905 trillion (at fiscal end) 61.3% of GDP

GDP

$12.889 trillion

 

Fiscal Year 2004

Submitted

February 3, 2003

Total revenue

$1.92 trillion (requested) $1.88 trillion (actual) 15.6% of GDP (actual)

Total expenditures

$2.23 trillion (requested) $2.292 trillion (actual) 19.0% of GDP (actual)

Deficit

$307 billion (requested) $412 billion (actual) 3.4% of GDP (actual)

 

Fiscal Year 2003

Submitted

February 4, 2002

Total expenditures

$2.13 trillion (requested) $2.16 trillion (actual) 19.1% of GDP (actual)

Deficit

$80 billion (requested) $375.3 billion (actual) 3.3% of GDP (actual)

Debt

$6.76 trillion (at fiscal end) 59.7% of GDP

 

Fiscal Year 2002

Submitted

April 9, 2001

Submitted to

107th Congress

Total revenue

$2.19 trillion (requested) $1.853 trillion (actual) 17.0% of GDP (actual)

Total expenditures

$1.96 trillion (requested) $2.01 trillion (actual) 18.5% of GDP (actual)

Deficit

$157.8 billion (actual) 1.5% of GDP (actual)

 

Fiscal Year 2001

Submitted

February 7, 2000

Total expenditures

$1.835 trillion $1.863 trillion (actual) 17.6% of GDP (actual)

Surplus

$128 billion (actual) 1.2% of GDP (actual)

Debt

$5.77 trillion (at fiscal end) 54.6% of GDP

GDP

$10.565 trillion

 

Fiscal Year 2000

Submitted

February 1, 1999

Submitted to

106th Congress

Total revenue

$1.88 trillion (requested) $2.03 trillion (actual) 20.0% of GDP (actual)

Total expenditures

$1.766 trillion (requested) $1.789 trillion (actual) 17.6% of GDP (actual)

Surplus

$236.2 billion (actual) 2.3% of GDP (actual)

 

Fiscal Year 1999

Submitted

February 2, 1998

Submitted to

105th Congress

Total revenue

$1.74 trillion (requested) $1.83 trillion (actual) 19.2% of GDP (actual)

Total expenditures

$1.73 trillion (requested) $1.7 trillion (actual) 17.9% of GDP (actual)

Surplus

$126 billion (actual) 1.3% of GDP (actual)

 

Fiscal Year 1998

Submitted

February 6, 1997

Submitted to

105th Congress

Total revenue

$1.57 trillion (requested) $1.72 trillion (actual) 19.2% of GDP (actual)

Total expenditures

$1.69 trillion (requested) $1.65 trillion (actual) 18.5% of GDP (actual)

Surplus

$69.3 billion (actual) 0.8% of GDP (actual)

 

Fiscal Year 1997

Submitted

February 5, 1996

Submitted to

104th Congress

Total revenue

$1.5 trillion (requested) $1.58 trillion (actual) 18.6% of GDP (actual)

Total expenditures

$1.64 trillion (requested) $1.60 trillion (actual) 18.9% of GDP (actual)

Deficit

$21.9 billion (actual) 0.3% of GDP (actual)

 

Fiscal Year 1996

Submitted

February 6, 1995

Total revenue

$1.42 trillion (requested) $1.45 trillion (actual) 18.2% of GDP (actual)

Total expenditures

$1.61 trillion (requested) $1.56 trillion (actual) 19.6% of GDP (actual)

Deficit

$107.4 billion (actual) 1.3% of GDP (actual)

 

1995 United States federal budget

Submitted by

Bill Clinton

Submitted to

103rd Congress

Total revenue

$1.35 trillion (actual) 17.8% of GDP (actual)

Total expenditures

$1.52 trillion (actual) 20% of GDP (actual)

 

1994 United States federal budget

Submitted by

Bill Clinton

Submitted to

103rd Congress

Total revenue

$1.26 trillion (actual) 17.5% of GDP (actual)

Total expenditures

$1.46 trillion (actual) 20.3% of GDP (actual)

Deficit

$203 billion (actual) 2.8% of GDP (actual)

 

1993 United States federal budget

Submitted by

George H.W. Bush

Submitted to

102nd Congress

Total revenue

$1.15 trillion (actual) 17% of GDP (actual)

Total expenditures

$1.41 trillion (actual) 20.7% of GDP (actual)

Deficit

$255 billion (actual) 2.8% of GDP (actual)

 

The Economic and Budget Outlook: Fiscal Years 1992-1996

 

https://www.cbo.gov/sites/default/files/102nd-congress-1991-1992/reports/91-cbo-002.pdf

 

 

 

 

 

 

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