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Receipts and Outlays of the Federal Government, 1789–2013

(in millions of dollars)

Year Total On-budget1
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
2007 2,567,985 2,728,686 –160,701 1,932,896 2,275,049 –342,153
2008 2,523,991 2,982,544 –458,553 1,865,945 2,507,793 –641,848
2010 2,162,706 3,457,079 –1,294,373 1,531,019 2,902,397 –1,371,378
2013 2,775,103 3,454,605 –679,502 2,101,829 2,820,794 –718,965
NOTES: 1789–1842: federal fiscal year ended Dec. 31; 1844–1976: June 30; 1977–present: Sept. 30.
1. Excludes the Social Security surplus. For years prior to 1933, on-budget surplus was not calculated separately.
2. Estimated.
Source: www.whitehouse.gov, Office of Management and Budget.

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