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.