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US BUDGET FY13
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US BUDGET FY09
US Federal Budget Analyst
FY13 Federal Budget Spending Estimates
for Fiscal Years 2012 - 2017
US Federal Government Spending
Budget Interest Cost Analysis for FY 13 in $ billion
| FY 2012 Spending | FY 2013 Spending | FY 2014 Spending | FY 2015 Spending | FY 2016 Spending | FY 2017 Spending | |||||
| OMB Budget Numbers1 | ||||||||||
| Interest | 224.8 | 247.7 | 309.1 | 390.4 | 482.8 | 565.5 | ||||
| Interest Rate % | 1.37 | 1.41 | 1.67 | 2.01 | 2.37 | 2.65 | ||||
| Total Spending | 3,795.6 | 3,803.4 | 3,883.1 | 4,059.9 | 4,328.8 | 4,531.7 | ||||
| Federal Deficit | 1,327.0 | 901.4 | 667.8 | 609.7 | 648.8 | 612.4 | ||||
| Gross Public Debt | 16,350.9 | 17,547.9 | 18,499.9 | 19,426.5 | 20,391.2 | 21,325.5 | ||||
| Revised Budget Numbers | ||||||||||
| Revised Interest | 224.8 | 247.7 | 309.1 | 390.4 | 482.8 | 565.5 | ||||
| Revised Interest Rate % | Go | |||||||||
| Revised Total Spending | 3,795.6 | 3,803.4 | 3,883.1 | 4,059.9 | 4,328.8 | 4,531.7 | ||||
| Revised Federal Deficit | 1,327.0 | 901.4 | 667.8 | 609.7 | 648.8 | 612.4 | ||||
| Revised Gross Public Debt | 16,350.9 | 17,547.9 | 18,499.9 | 19,426.5 | 20,391.2 | 21,325.5 | ||||
| Spending: Pie Chart: Select a pie chart you wish to display. You can create a pie chart for federal, state and local, and overall spending/revenue. Notes: 1. Budget of the US Government: Table 3.2 | ||||||||||
The table shows overall budgeted federal expenditures for total spending and interest payments on federal debt for the next five fiscal years. In the first section, labeled “OMB Budget Numbers” you can see the budgeted expenditure as estimated in the historical tables in the current presidential budget. The row labeled “Interest Rate %” is the effective interest rate for the accumulated federal debt for each year and is computed by dividing the budgeted interest cost by the gross public debt.
Under “Revised Budget Numbers” you can input your own estimate of future interest rates for each fiscal year. Click Go to recalculate interest costs and to view the effect of those interest costs on total spending and the accumulated federal debt.
Notes
Data Sources: Federal spending from Budget of the United States Government.
For a discussion of the sources of the government spending data used here read How We Got the Data for usgovernmentspending.com.
Budget Updates: The president’s budget is typically published each year in February.
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US GDP for 2011 Updated
Usgovernmentspending.com uses measuringworth.com as its GDP source because the data series for nominal and real GDP go back to 1790.
Budget News
FY13 Budget Plan Has Familiar Ring
$3 trillion in deficit reduction over 10 years including $1.5 trillion in tax increases.
FY13 budget due Feb 13
White House to miss budget deadline for third year.
Lew to finish work on 2013 budget before departing OMB
Early February release?
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Sources
U.S. Federal Individual Income Tax Rates History, 1913-2011
US Federal Income tax rate Schedules
New FDSYS federal budget page
from US Government Printing Office
Combined Statement of Receipts, Outlays, and Balances of the United States Government FY 2010
Annual US Treasury Report on Spending and Revenue
US Government - Historical Debt Outstanding
US Treasury's measure of US National Debt
Measuring Worth - GDP Series for US and UK
includes GDP and chained GDP for US; GDP and chained GDP for UK
Gross Domestic Product by State
from Bureau of Economic Analysis
US Population Estimates from 1900
Census Bureau's annual population estimate from 1900 to 1999
2005 Census of Governments - Finance Technical Documentation
Contains Census Bureau spending and revenue codes
JpGraph Chart Library
Open source graph creating Library for PHP.
Statistical Abstract of the United States
historical editions of Census Bureau's publication. From 1878.
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Democratic Capitalism
Three dynamic and converging systems functioning as one: a democratic polity, an economy based on markets
and incentives, and a moral-cultural system which is plural and, in the largest sense, liberal.
Michael Novak, The Spirit of Democratic Capitalism
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presented by Christopher Chantrill
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