[Historical Tables]
[Section 1 - Overview of Federal Government Finances]
[Table 1.1 - Summary of Receipts, Outlays, and Surpluses or Deficits (-): 1789-2005]
[From the U.S. Government Publishing Office, www.gpo.gov]
[[Page 19]]
Table 1.1--SUMMARY OF RECEIPTS, OUTLAYS, AND SURPLUSES OR DEFICITS(-): 1789-2005
(in millions of dollars)
--------------------------------------------------------------------------------------------------------------------------------------------------------
Total On-Budget Off-Budget
--------------------------------------------------------------------------------------------------------------- Medicare
Year Surplus or Surplus or Surplus or Solvency
Receipts Outlays Deficit (-) Receipts Outlays Deficit (-) Receipts Outlays Deficit (-)
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1789-1849.................... 1,160 1,090 70 1,160 1,090 70 .......... .......... ........... ..........
1850-1900.................... 14,462 15,453 -991 14,462 15,453 -991 .......... .......... ........... ..........
1901......................... 588 525 63 588 525 63 .......... .......... ........... ..........
1902......................... 562 485 77 562 485 77 .......... .......... ........... ..........
1903......................... 562 517 45 562 517 45 .......... .......... ........... ..........
1904......................... 541 584 -43 541 584 -43 .......... .......... ........... ..........
1905......................... 544 567 -23 544 567 -23 .......... .......... ........... ..........
1906......................... 595 570 25 595 570 25 .......... .......... ........... ..........
1907......................... 666 579 87 666 579 87 .......... .......... ........... ..........
1908......................... 602 659 -57 602 659 -57 .......... .......... ........... ..........
1909......................... 604 694 -89 604 694 -89 .......... .......... ........... ..........
1910......................... 676 694 -18 676 694 -18 .......... .......... ........... ..........
1911......................... 702 691 11 702 691 11 .......... .......... ........... ..........
1912......................... 693 690 3 693 690 3 .......... .......... ........... ..........
1913......................... 714 715 -* 714 715 -* .......... .......... ........... ..........
1914......................... 725 726 -* 725 726 -* .......... .......... ........... ..........
1915......................... 683 746 -63 683 746 -63 .......... .......... ........... ..........
1916......................... 761 713 48 761 713 48 .......... .......... ........... ..........
1917......................... 1,101 1,954 -853 1,101 1,954 -853 .......... .......... ........... ..........
1918......................... 3,645 12,677 -9,032 3,645 12,677 -9,032 .......... .......... ........... ..........
1919......................... 5,130 18,493 -13,363 5,130 18,493 -13,363 .......... .......... ........... ..........
1920......................... 6,649 6,358 291 6,649 6,358 291 .......... .......... ........... ..........
1921......................... 5,571 5,062 509 5,571 5,062 509 .......... .......... ........... ..........
1922......................... 4,026 3,289 736 4,026 3,289 736 .......... .......... ........... ..........
1923......................... 3,853 3,140 713 3,853 3,140 713 .......... .......... ........... ..........
1924......................... 3,871 2,908 963 3,871 2,908 963 .......... .......... ........... ..........
1925......................... 3,641 2,924 717 3,641 2,924 717 .......... .......... ........... ..........
1926......................... 3,795 2,930 865 3,795 2,930 865 .......... .......... ........... ..........
1927......................... 4,013 2,857 1,155 4,013 2,857 1,155 .......... .......... ........... ..........
1928......................... 3,900 2,961 939 3,900 2,961 939 .......... .......... ........... ..........
1929......................... 3,862 3,127 734 3,862 3,127 734 .......... .......... ........... ..........
1930......................... 4,058 3,320 738 4,058 3,320 738 .......... .......... ........... ..........
1931......................... 3,116 3,577 -462 3,116 3,577 -462 .......... .......... ........... ..........
1932......................... 1,924 4,659 -2,735 1,924 4,659 -2,735 .......... .......... ........... ..........
1933......................... 1,997 4,598 -2,602 1,997 4,598 -2,602 .......... .......... ........... ..........
1934......................... 2,955 6,541 -3,586 2,955 6,541 -3,586 .......... .......... ........... ..........
1935......................... 3,609 6,412 -2,803 3,609 6,412 -2,803 .......... .......... ........... ..........
1936......................... 3,923 8,228 -4,304 3,923 8,228 -4,304 .......... .......... ........... ..........
1937......................... 5,387 7,580 -2,193 5,122 7,582 -2,460 265 -2 267 ..........
1938......................... 6,751 6,840 -89 6,364 6,850 -486 387 -10 397 ..........
1939......................... 6,295 9,141 -2,846 5,792 9,154 -3,362 503 -13 516 ..........
1940......................... 6,548 9,468 -2,920 5,998 9,482 -3,484 550 -14 564 ..........
1941......................... 8,712 13,653 -4,941 8,024 13,618 -5,594 688 35 653 ..........
1942......................... 14,634 35,137 -20,503 13,738 35,071 -21,333 896 66 830 ..........
1943......................... 24,001 78,555 -54,554 22,871 78,466 -55,595 1,130 89 1,041 ..........
1944......................... 43,747 91,304 -47,557 42,455 91,190 -48,735 1,292 114 1,178 ..........
1945......................... 45,159 92,712 -47,553 43,849 92,569 -48,720 1,310 143 1,167 ..........
1946......................... 39,296 55,232 -15,936 38,057 55,022 -16,964 1,238 210 1,028 ..........
1947......................... 38,514 34,496 4,018 37,055 34,193 2,861 1,459 303 1,157 ..........
1948......................... 41,560 29,764 11,796 39,944 29,396 10,548 1,616 368 1,248 ..........
1949......................... 39,415 38,835 580 37,724 38,408 -684 1,690 427 1,263 ..........
1950......................... 39,443 42,562 -3,119 37,336 42,038 -4,702 2,106 524 1,583 ..........
1951......................... 51,616 45,514 6,102 48,496 44,237 4,259 3,120 1,277 1,843 ..........
1952......................... 66,167 67,686 -1,519 62,573 65,956 -3,383 3,594 1,730 1,864 ..........
1953......................... 69,608 76,101 -6,493 65,511 73,771 -8,259 4,097 2,330 1,766 ..........
1954......................... 69,701 70,855 -1,154 65,112 67,943 -2,831 4,589 2,912 1,677 ..........
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See footnote at end of table.
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Table 1.1--SUMMARY OF RECEIPTS, OUTLAYS, AND SURPLUSES OR DEFICITS(-): 1789-2005--Continued
(in millions of dollars)
--------------------------------------------------------------------------------------------------------------------------------------------------------
Total On-Budget Off-Budget
--------------------------------------------------------------------------------------------------------------- Medicare
Year Surplus or Surplus or Surplus or Solvency
Receipts Outlays Deficit (-) Receipts Outlays Deficit (-) Receipts Outlays Deficit (-)
--------------------------------------------------------------------------------------------------------------------------------------------------------
1955......................... 65,451 68,444 -2,993 60,370 64,461 -4,091 5,081 3,983 1,098 ..........
1956......................... 74,587 70,640 3,947 68,162 65,668 2,494 6,425 4,972 1,452 ..........
1957......................... 79,990 76,578 3,412 73,201 70,562 2,639 6,789 6,016 773 ..........
1958......................... 79,636 82,405 -2,769 71,587 74,902 -3,315 8,049 7,503 546 ..........
1959......................... 79,249 92,098 -12,849 70,953 83,102 -12,149 8,296 8,996 -700 ..........
1960......................... 92,492 92,191 301 81,851 81,341 510 10,641 10,850 -209 ..........
1961......................... 94,388 97,723 -3,335 82,279 86,046 -3,766 12,109 11,677 431 ..........
1962......................... 99,676 106,821 -7,146 87,405 93,286 -5,881 12,271 13,535 -1,265 ..........
1963......................... 106,560 111,316 -4,756 92,385 96,352 -3,966 14,175 14,964 -789 ..........
1964......................... 112,613 118,528 -5,915 96,248 102,794 -6,546 16,366 15,734 632 ..........
1965......................... 116,817 118,228 -1,411 100,094 101,699 -1,605 16,723 16,529 194 ..........
1966......................... 130,835 134,532 -3,698 111,749 114,817 -3,068 19,085 19,715 -630 ..........
1967......................... 148,822 157,464 -8,643 124,420 137,040 -12,620 24,401 20,424 3,978 ..........
1968......................... 152,973 178,134 -25,161 128,056 155,798 -27,742 24,917 22,336 2,581 ..........
1969......................... 186,882 183,640 3,242 157,928 158,436 -507 28,953 25,204 3,749 ..........
1970......................... 192,807 195,649 -2,842 159,348 168,042 -8,694 33,459 27,607 5,852 ..........
1971......................... 187,139 210,172 -23,033 151,294 177,346 -26,052 35,845 32,826 3,019 ..........
1972......................... 207,309 230,681 -23,373 167,402 193,824 -26,423 39,907 36,857 3,050 ..........
1973......................... 230,799 245,707 -14,908 184,715 200,118 -15,403 46,084 45,589 495 ..........
1974......................... 263,224 269,359 -6,135 209,299 217,270 -7,971 53,925 52,089 1,836 ..........
1975......................... 279,090 332,332 -53,242 216,633 271,892 -55,260 62,458 60,440 2,018 ..........
1976......................... 298,060 371,792 -73,732 231,671 302,183 -70,512 66,389 69,609 -3,220 ..........
TQ........................... 81,232 95,975 -14,744 63,216 76,555 -13,339 18,016 19,421 -1,405 ..........
1977......................... 355,559 409,218 -53,659 278,741 328,502 -49,760 76,817 80,716 -3,899 ..........
1978......................... 399,561 458,746 -59,186 314,169 369,089 -54,920 85,391 89,657 -4,266 ..........
1979......................... 463,302 504,032 -40,729 365,309 404,054 -38,745 97,994 99,978 -1,984 ..........
1980......................... 517,112 590,947 -73,835 403,903 476,618 -72,715 113,209 114,329 -1,120 ..........
1981......................... 599,272 678,249 -78,976 469,097 543,053 -73,956 130,176 135,196 -5,020 ..........
1982......................... 617,766 745,755 -127,989 474,299 594,351 -120,052 143,467 151,404 -7,937 ..........
1983......................... 600,562 808,385 -207,822 453,242 661,277 -208,035 147,320 147,108 212 ..........
1984......................... 666,486 851,874 -185,388 500,411 686,061 -185,650 166,075 165,813 262 ..........
1985......................... 734,088 946,423 -212,334 547,918 769,615 -221,698 186,171 176,807 9,363 ..........
1986......................... 769,215 990,460 -221,245 568,986 806,962 -237,976 200,228 183,498 16,731 ..........
1987......................... 854,353 1,004,122 -149,769 640,951 810,290 -169,339 213,402 193,832 19,570 ..........
1988......................... 909,303 1,064,489 -155,187 667,812 861,798 -193,986 241,491 202,691 38,800 ..........
1989......................... 991,190 1,143,671 -152,481 727,525 932,760 -205,235 263,666 210,911 52,754 ..........
1990......................... 1,031,969 1,253,198 -221,229 750,314 1,028,133 -277,819 281,656 225,065 56,590 ..........
1991......................... 1,055,041 1,324,403 -269,361 761,157 1,082,716 -321,559 293,885 241,687 52,198 ..........
1992......................... 1,091,279 1,381,684 -290,404 788,853 1,129,345 -340,492 302,426 252,339 50,087 ..........
1993......................... 1,154,401 1,409,512 -255,110 842,467 1,142,925 -300,457 311,934 266,587 45,347 ..........
1994......................... 1,258,627 1,461,902 -203,275 923,601 1,182,530 -258,929 335,026 279,372 55,654 ..........
1995......................... 1,351,830 1,515,837 -164,007 1,000,751 1,227,173 -226,422 351,079 288,664 62,415 ..........
1996......................... 1,453,062 1,560,572 -107,510 1,085,570 1,259,668 -174,098 367,492 300,904 66,588 ..........
1997......................... 1,579,292 1,601,282 -21,990 1,187,302 1,290,656 -103,354 391,990 310,626 81,364 ..........
1998......................... 1,721,798 1,652,611 69,187 1,305,999 1,336,007 -30,008 415,799 316,604 99,195 ..........
1999......................... 1,827,454 1,703,040 124,414 1,382,986 1,382,262 724 444,468 320,778 123,690 ..........
2000 estimate................ 1,956,252 1,789,562 166,690 1,479,489 1,460,633 18,856 476,763 328,929 147,834 ..........
2001 estimate................ 2,019,031 1,835,033 183,998 1,519,136 1,494,777 8,959 499,895 340,256 159,639 15,400
2002 estimate................ 2,081,220 1,895,317 185,903 1,558,994 1,545,153 1,241 522,226 350,164 172,062 12,600
2003 estimate................ 2,147,489 1,962,853 184,636 1,603,242 1,602,924 318 544,247 359,929 184,318 ..........
2004 estimate................ 2,236,091 2,041,131 194,960 1,669,431 1,669,089 342 566,660 372,042 194,618 ..........
2005 estimate................ 2,340,896 2,125,451 215,445 1,742,330 1,740,539 1,791 598,566 384,912 213,654 ..........
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* $500 thousand or less.
Note: Budget figures prior to 1933 are based on the ``Administrative Budget'' concepts rather than the ``Unified Budget'' concepts.