No. 532. Federal Budget--Summary [In millions of dollars (45,159 represents $45,159,000,000), except percent. For fiscal years ending in year shown; see text, Section 9. The Balanced Budget and Emergency Deficit Control Act of 1985 put all the previously off-budget Federal entities into the budget and moved Social Security off-budget. Minus sign (-) indicates deficit or decrease. Budget figures prior to 1933 are based on the "Administrative Budget" concepts rather than the "Unified Budget" concepts] ----------------------------------------------------------- ----------------------- Gross Federal debt \2 ----------------------- Outlays as As percent percent Year Surplus or of of Receipts Outlays deficit(-) GDP \1 Total GDP \1 ----------------------------------------------------------- ----------------------- 1945 45,159 92,712 -47,553 41.9 260,123 117.5 1950 39,443 42,562 -3,119 15.6 256,853 93.9 1955 65,451 68,444 -2,993 17.3 274,366 69.4 1960 92,492 92,191 301 17.7 290,525 55.9 1965 116,817 118,228 -1,411 17.2 322,318 46.8 1970 192,807 195,649 -2,842 19.3 380,921 37.6 1975 279,090 332,332 -53,242 21.3 541,925 34.8 1980 517,112 590,947 -73,835 21.6 909,050 33.3 1981 599,272 678,249 -78,976 22.2 994,845 32.5 1982 617,766 745,755 -127,989 23.1 1,137,345 35.2 1983 600,562 808,385 -207,822 23.5 1,371,710 39.9 1984 666,486 851,874 -185,388 22.1 1,564,657 40.7 1985 734,088 946,423 -212,334 22.9 1,817,521 43.9 1986 769,215 990,460 -221,245 22.5 2,120,629 48.2 1987 854,353 1,004,122 -149,769 21.6 2,346,125 50.4 1988 909,303 1,064,489 -155,187 21.2 2,601,307 51.9 1989 991,190 1,143,671 -152,481 21.2 2,868,039 53.0 1990 1,031,969 1,253,198 -221,229 21.8 3,206,564 55.9 1991 1,055,041 1,324,403 -269,361 22.3 3,598,485 60.7 1992 1,091,279 1,381,684 -290,404 22.2 4,002,123 64.3 1993 1,154,401 1,409,512 -255,110 21.5 4,351,403 66.3 1994 1,258,627 1,461,902 -203,275 21.0 4,643,691 66.8 1995 1,351,830 1,515,837 -164,007 20.7 4,921,005 67.2 1996 1,453,062 1,560,572 -107,510 20.3 5,181,921 67.3 1997 1,579,292 1,601,282 -21,990 19.6 5,369,694 65.6 1998 1,721,798 1,652,611 69,187 19.1 5,478,711 63.4 1999 est 1,827,454 1,703,040 124,414 18.7 5,606,087 61.5 2000 est 1,956,252 1,789,562 166,690 18.7 5,686,338 59.4 ----------------------------------------------------------- ----------------------- NA Not available. Z $500,000 or less. \1 Gross domestic product as of fiscal year; for calendar year GDP, see Section 14, Income, Exenditures, and Wealth. \2 See text, this section for discussion of debt concept. Source: U.S. Office of Management and Budget, Historical Tables, annual. http://www.gpo.gov/usbudget/index.html