Receipts and Outlays of the Federal Government, 1789–2008

(in millions of dollars)

Year	Total			On-budget¹
Year	Receipts	Outlays	Surplus or deficit (–)	Receipts	Outlays	Surplus or deficit (–)
1789–1849	$1,160	$1,090	$70	$1,160	$1,090	$70
1850–1900	14,462	15,453	–991	14,462	15,453	–991
1905	544	567	–23	544	567	–23
1910	676	694	–18	676	694	–18
1915	683	746	–63	683	746	–63
1920	6,649	6,358	291	6,649	6,358	291
1925	3,641	2,924	717	3,641	2,924	717
1930	4,058	3,320	738	4,058	3,320	738
1935	3,609	6,412	–2,803	3,609	6,412	–2,803
1940	6,548	9,468	–2,920	5,998	9,482	–3,484
1945	45,159	92,712	–47,553	43,849	92,569	–48,720
1950	39,443	42,562	–3,119	37,336	42,038	–4,702
1955	65,451	68,444	–2,933	60,370	64,461	–4,091
1960	92,492	92,191	301	81,851	81,341	510
1965	116,817	118,228	–1,411	100,094	101,699	–1,605
1970	192,807	195,649	–2,842	159,348	168,042	–8,694
1975	279,090	332,332	–53,242	216,633	271,892	–55,260
1980	517,112	590,947	–73,835	403,903	476,618	–72,715
1985	734,088	946,423	–212,334	547,918	769,615	–221,698
1990	1,032,094	1,253,130	–221,036	750,439	1,028,065	–277,626
1995	1,351,932	1,515,884	–163,952	1,000,853	1,227,220	–226,367
2000	2,025,457	1,789,216	236,241	1,544,873	1,458,451	86,422
2001	1,991,426	1,863,190	128,236	1,483,907	1,516,352	–32,445
2002	1,853,395	2,011,153	–157,758	1,338,074	1,655,491	–317,417
2003	1,782,532	2,160,117	–377,585	1,258,690	1,797,108	–538,418
2004	1,880,279	2,293,006	–412,727	1,345,534	1,913,495	–567,961
2005	2,153,859	2,472,205	–318,346	1,576,383	2,069,994	–493,611
2006	2,407,254	2,655,435	–248,181	1,798,872	2,233,366	–434,494
2007²	2,540,096	2,784,267	–244,171	1,905,966	2,332,984	–427,018
2008²	2,662,474	2,901,861	–239,387	1,988,389	2,439,334	–450,945