Spending and Revenues

1950 1959 1968 1977 1986 1995 2004 2011

12%14%16%18%20%22%24%26%28%

Total OutlaysTotal Revenues

(% of GDP)

24.1%in 2011

14.8%in 2011

Sources: OMB, CBO

1950 1959 1968 1977 1986 1995 2004 2010

$1.4 TDeficit

 

Deficit as Percent of GDP Under Deficit as Percent of GDP Under Deficit as Percent of GDP Under

12%

(% of GDP)(% of GDP)

 

10%

9.3%

8%

6.7%

4%

4.4%

2%

1.9%2.0%2.1%2.0%2.3%.2.6%.

0%2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

 

Debt as Percent of GDP Under Biartisan Grou PlanDebt as Percent of GDP Under Biartisan Grou Plan

(% of GDP)(% of GDP)(% of GDP)

100%

101%

CBO Alternative Fiscal Scenario

69%

Bipartisan

71%

50%

36%

 

2007 2009 2011 2013 2015 2017 2019 2021

Note: Publicly-held debt.Note: PubliclyNote: Publicly--held debt.held debt.