Sunday, July 25, 2010

New Budget

A new OMB budget just came out which I will present before analyzing it. I'm only going to show this through 2016.












Category/Year20092010201120122013201420152016
Revenue21052132242628143102344135973853
Mandatory21122041218621122175237124912649
Discretionary12191377143313161274128413091339
Interest187185221294385480554617
Total Spending35183603384237253838413943594610
Deficit-1413-1471-1416-911-736-698-762-758
Debt held by public75529023104391135012086127841354614304
GDP14,25614817155161641217383183841936920337
Debt %53%61%67%69%69%70%70%70%


Note: The debt held by public is calculated by adding the current year deficit to the previous year's total.

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