What was the deficit in 2014?
$483 billion
In fiscal year 2014, which ended on September 30, the federal budget deficit totaled $483 billion—$197 billion less than the shortfall in 2013.
What is the projected deficit in 2026?
The deficit will stay around 2.9 percent of GDP through 2018 but rise steadily to 4.9 percent by 2026.
What was the deficit in 2013?
$680 billion
2013 United States federal budget
Submitted | February 13, 2012 |
---|---|
Total expenditures | $3.803 trillion (requested) $3.45 trillion (actual) 20.8% of GDP (actual) |
Deficit | $901 billion (requested) 5.5% of GDP $680 billion (actual) 4.1% of GDP (actual) |
Debt | $16.72 trillion (at fiscal end) 100.8% of GDP |
GDP | $16.582 trillion |
What is the US national deficit right now?
The federal deficit has now swelled to $1.7 trillion in fiscal year 2021, 129% higher than at this point last year.
What was the national debt 2026?
United States: National debt from 2016 to 2026 (in billion U.S. dollars)
Characteristic | National debt in billion U.S. dollars |
---|---|
2026* | 37,201.05 |
2025* | 35,764.49 |
2024* | 34,298.25 |
2023* | 32,969.08 |
What is the projected budget deficit for 2022?
For the 2022 budget year, which begins Oct. 1, the administration is projecting a deficit of $1.54 trillion. The non-partisan Congressional Budget Office forecasts an even lower deficit of $1.15 trillion next year.
What was the deficit in 2018?
$779 billion
In fiscal year 2018, which ended on September 30, the federal budget deficit totaled $779 billion—$113 billion more than the shortfall recorded in 2017. The deficit increased to 3.8 percent of the nation’s gross domestic product (GDP) in 2018, up from 3.5 percent in 2017 and 3.2 percent in 2016.