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The Budget and Economic Outlook: Fiscal Years 2004-2013
January 2003
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APPENDIX
F
Historical Budget Data

This appendix shows historical data for revenues, outlays, and the surplus or deficit. Budget data consistent with the projections in Chapters 1, 3, and 4 of this report are available for fiscal years 1962 through 2002 and are reported in Tables F-1 through F-10. The data are shown in both nominal dollars and as a percentage of gross domestic product (GDP). Data for 2002 come from the Department of the Treasury, Final Monthly Treasury Statement (October 2002), and from the Office of Management and Budget.

Federal revenues, outlays, the surplus or deficit, and debt held by the public are shown in Tables F-1 and F-2. Revenues, outlays, and the surplus or deficit have both on-budget and off-budget components. Social Security's receipts and outlays were placed off-budget by the Balanced Budget and Emergency Deficit Control Act of 1985; the Postal Service was moved off-budget four years later by the Omnibus Budget Reconciliation Act of 1989.

The major sources of federal revenues (including off-budget revenues) are presented in Tables F-3 and F-4. Social insurance taxes include payments by employers and employees for Social Security, Medicare, Railroad Retirement, and unemployment insurance, as well as pension contributions by federal workers. Excise taxes are levied on certain products and services, such as gasoline, alcoholic beverages, and air travel. Miscellaneous receipts consist of deposits of earnings by the Federal Reserve System and numerous fees and charges.

Total outlays for major spending categories are shown in Tables F-5 and F-6. (Those totals include both on- and off-budget outlays.) To allow comparison of historical outlays with the projections in Chapters 1 and 4, historical data have been divided into the same categories of spending as the projections. Spending controlled by the appropriation process is classified as discretionary. Tables F-7 and F-8 divide discretionary spending into its defense, international, and domestic components. Entitlements and other mandatory spending include programs whose spending is governed by laws that set requirements for eligibility. Additional detail on entitlement programs is shown in Tables F-9 and F-10. Net interest is identical to the budget function of the same name (function 900). Offsetting receipts include the federal government's contributions to retirement programs for its employees, fees, charges (such as Medicare premiums), and receipts from the use of federally controlled land and offshore territory.

Estimates of the standardized-budget surplus or deficit and its revenue and outlay components for fiscal years 1960 through 2002 are reported in Tables F-11 through F-13, along with estimates of potential GDP, actual GDP, and the nonaccelerating inflation rate of unemployment (NAIRU). The standardized-budget measure and its components are also shown as a percentage of potential GDP.

The change in the standardized-budget surplus or deficit is commonly used to measure the short-term impact of fiscal policy on aggregate demand. The standardized-budget deficit (also called the structural deficit) excludes the effects that cyclical fluctuations in output and unemployment have on revenues and outlays and makes other adjustments. Historical estimates for standardized-budget revenues, outlays, and the surplus or deficit have been revised from those shown in previous reports.
                             
Table F-1.
Revenues, Outlays, Surpluses, Deficits, and Debt Held by the Public, 1962-2002

(In billions of dollars)
  Surplus or Deficit (-)
Debt
Held by
the Publicb
 
Revenues
Outlays On-
Budgeta
Social
Security
Postal
Servicea

Total

1962 99.7   106.8   -5.9   -1.3   n.a.   -7.1   248.0  
1963 106.6   111.3   -4.0   -0.8   n.a.   -4.8   254.0  
1964 112.6   118.5   -6.5   0.6   n.a.   -5.9   256.8  
1965 116.8   118.2   -1.6   0.2   n.a.   -1.4   260.8  
1966 130.8   134.5   -3.1   -0.6   n.a.   -3.7   263.7  
1967 148.8   157.5   -12.6   4.0   n.a.   -8.6   266.6  
1968 153.0   178.1   -27.7   2.6   n.a.   -25.2   289.5  
1969 186.9   183.6   -0.5   3.7   n.a.   3.2   278.1  
1970 192.8   195.6   -8.7   5.9   n.a.   -2.8   283.2  
1971 187.1   210.2   -26.1   3.0   n.a.   -23.0   303.0  
1972 207.3   230.7   -26.4   3.0   n.a.   -23.4   322.4  
1973 230.8   245.7   -15.4   0.5   n.a.   -14.9   340.9  
1974 263.2   269.4   -8.0   1.8   n.a.   -6.1   343.7  
1975 279.1   332.3   -55.3   2.0   n.a.   -53.2   394.7  
1976 298.1   371.8   -70.5   -3.2   n.a.   -73.7   477.4  
1977 355.6   409.2   -49.8   -3.9   n.a.   -53.7   549.1  
1978 399.6   458.7   -54.9   -4.3   n.a.   -59.2   607.1  
1979 463.3   504.0   -38.7   -2.0   n.a.   -40.7   640.3  
1980 517.1   590.9   -72.7   -1.1   n.a.   -73.8   711.9  
1981 599.3   678.2   -73.9   -5.0   n.a.   -79.0   789.4  
1982 617.8   745.7   -120.0   -7.9   n.a.   -128.0   924.6  
1983 600.6   808.4   -208.0   0.2   n.a.   -207.8   1,137.3  
1984 666.5   851.9   -185.6   0.3   n.a.   -185.4   1,307.0  
1985 734.1   946.4   -221.7   9.4   n.a.   -212.3   1,507.3  
1986 769.2   990.4   -237.9   16.7   n.a.   -221.2   1,740.6  
1987 854.4   1,004.1   -169.3   19.6   n.a.   -149.7   1,889.8  
1988 909.3   1,064.5   -194.0   38.8   n.a.   -155.2   2,051.6  
1989 991.2   1,143.6   -205.2   52.4   0.3   -152.5   2,190.7  
1990 1,032.0   1,253.2   -277.8   58.2   -1.6   -221.2   2,411.6  
1991 1,055.0   1,324.4   -321.5   53.5   -1.3   -269.3   2,689.0  
1992 1,091.3   1,381.7   -340.5   50.7   -0.7   -290.4   2,999.7  
1993 1,154.4   1,409.5   -300.4   46.8   -1.4   -255.1   3,248.4  
1994 1,258.6   1,461.9   -258.9   56.8   -1.1   -203.3   3,433.1  
1995 1,351.8   1,515.8   -226.4   60.5   2.0   -163.9   3,604.4  
1996 1,453.1   1,560.5   -174.1   66.4   0.2   -107.5   3,734.1  
1997 1,579.3   1,601.3   -103.3   81.3   *   -22.0   3,772.3  
1998 1,721.8   1,652.6   -30.0   99.0   0.2   69.2   3,721.1  
1999 1,827.5   1,701.9   1.9   124.7   -1.0   125.6   3,632.4  
2000 2,025.2   1,788.8   86.6   151.8   -2.0   236.4   3,409.8  
2001 1,991.2   1,863.9   -33.4   163.0   -2.3   127.3   3,319.6  
2002 1,853.2   2,011.0   -317.5   160.3   -0.7   -157.8   3,540.4  

Source: Congressional Budget Office.
Note: n.a. = not applicable; * = between zero and $500 million.
a. In 1962 through 1988, the Postal Service was on-budget and included in the on-budget total.
b. End of year.

                             
Table F-2.
Revenues, Outlays, Surpluses, Deficits, and Debt Held by the Public, 1962-2002

(As a percentage of GDP)
  Surplus or Deficit (-)
Debt
Held by
the Publicb
  Revenues Outlays On-
Budgeta
Social
Security
Postal
Servicea
Total

1962 17.5   18.8   -1.0   -0.2   n.a.   -1.3   43.6  
1963 17.8   18.5   -0.7   -0.1   n.a.   -0.8   42.3  
1964 17.5   18.5   -1.0   0.1   n.a.   -0.9   40.0  
1965 17.0   17.2   -0.2   *   n.a.   -0.2   37.9  
1966 17.3   17.8   -0.4   -0.1   n.a.   -0.5   34.8  
1967 18.3   19.4   -1.6   0.5   n.a.   -1.1   32.8  
1968 17.6   20.5   -3.2   0.3   n.a.   -2.9   33.3  
1969 19.7   19.3   -0.1   0.4   n.a.   0.3   29.3  
1970 19.0   19.3   -0.9   0.6   n.a.   -0.3   27.9  
1971 17.3   19.4   -2.4   0.3   n.a.   -2.1   28.0  
1972 17.6   19.6   -2.2   0.3   n.a.   -2.0   27.4  
1973 17.6   18.7   -1.2   *   n.a.   -1.1   26.0  
1974 18.3   18.7   -0.6   0.1   n.a.   -0.4   23.8  
1975 17.9   21.3   -3.5   0.1   n.a.   -3.4   25.3  
1976 17.2   21.4   -4.1   -0.2   n.a.   -4.2   27.5  
1977 18.0   20.7   -2.5   -0.2   n.a.   -2.7   27.8  
1978 18.0   20.7   -2.5   -0.2   n.a.   -2.7   27.4  
1979 18.5   20.1   -1.5   -0.1   n.a.   -1.6   25.6  
1980 18.9   21.6   -2.7   *   n.a.   -2.7   26.1  
1981 19.6   22.2   -2.4   -0.2   n.a.   -2.6   25.8  
1982 19.1   23.1   -3.7   -0.2   n.a.   -4.0   28.6  
1983 17.4   23.5   -6.0   *   n.a.   -6.0   33.0  
1984 17.3   22.1   -4.8   *   n.a.   -4.8   34.0  
1985 17.7   22.9   -5.4   0.2   n.a.   -5.1   36.4  
1986 17.5   22.5   -5.4   0.4   n.a.   -5.0   39.6  
1987 18.4   21.6   -3.6   0.4   n.a.   -3.2   40.6  
1988 18.1   21.2   -3.9   0.8   n.a.   -3.1   40.9  
1989 18.3   21.2   -3.8   1.0   *   -2.8   40.5  
1990 18.0   21.8   -4.8   1.0   *   -3.9   42.0  
1991 17.8   22.3   -5.4   0.9   *   -4.5   45.4  
1992 17.5   22.2   -5.5   0.8   *   -4.7   48.2  
1993 17.6   21.5   -4.6   0.7   *   -3.9   49.5  
1994 18.1   21.0   -3.7   0.8   *   -2.9   49.4  
1995 18.5   20.7   -3.1   0.8   *   -2.2   49.2  
1996 18.9   20.3   -2.3   0.9   *   -1.4   48.5  
1997 19.3   19.5   -1.3   1.0   *   -0.3   46.0  
1998 19.9   19.1   -0.3   1.1   *   0.8   43.0  
1999 20.0   18.6   *   1.4   *   1.4   39.7  
2000 20.8   18.4   0.9   1.6   *   2.4   35.1  
2001 19.8   18.6   -0.3   1.6   *   1.3   33.1  
2002 17.9   19.5   -3.1   1.6   *   -1.5   34.3  

Source: Congressional Budget Office.
Note: n.a. = not applicable; * = between -0.05 percent and 0.05 percent.
a. In 1962 through 1988, the Postal Service was on-budget and included in the on-budget total.
b. End of year.

                                 
Table F-3.
Revenues by Major Source, 1962-2002

(In billions of dollars)
  Individual
Income
Taxes
Corporate
Income
Taxes
Social
Insurance
Taxes
Excise
Taxes
Estate
and Gift
Taxes
Customs
Duties
Miscel-
laneous
Receipts
Total
Revenues

1962 45.6   20.5   17.0   12.5   2.0   1.1   0.8   99.7  
1963 47.6   21.6   19.8   13.2   2.2   1.2   1.0   106.6  
1964 48.7   23.5   22.0   13.7   2.4   1.3   1.1   112.6  
1965 48.8   25.5   22.2   14.6   2.7   1.4   1.6   116.8  
1966 55.4   30.1   25.5   13.1   3.1   1.8   1.9   130.8  
1967 61.5   34.0   32.6   13.7   3.0   1.9   2.1   148.8  
1968 68.7   28.7   33.9   14.1   3.1   2.0   2.5   153.0  
1969 87.2   36.7   39.0   15.2   3.5   2.3   2.9   186.9  
1970 90.4   32.8   44.4   15.7   3.6   2.4   3.4   192.8  
1971 86.2   26.8   47.3   16.6   3.7   2.6   3.9   187.1  
1972 94.7   32.2   52.6   15.5   5.4   3.3   3.6   207.3  
1973 103.2   36.2   63.1   16.3   4.9   3.2   3.9   230.8  
1974 119.0   38.6   75.1   16.8   5.0   3.3   5.4   263.2  
1975 122.4   40.6   84.5   16.6   4.6   3.7   6.7   279.1  
1976 131.6   41.4   90.8   17.0   5.2   4.1   8.0   298.1  
1977 157.6   54.9   106.5   17.5   7.3   5.2   6.5   355.6  
1978 181.0   60.0   121.0   18.4   5.3   6.6   7.4   399.6  
1979 217.8   65.7   138.9   18.7   5.4   7.4   9.3   463.3  
1980 244.1   64.6   157.8   24.3   6.4   7.2   12.7   517.1  
1981 285.9   61.1   182.7   40.8   6.8   8.1   13.8   599.3  
1982 297.7   49.2   201.5   36.3   8.0   8.9   16.2   617.8  
1983 288.9   37.0   209.0   35.3   6.1   8.7   15.6   600.6  
1984 298.4   56.9   239.4   37.4   6.0   11.4   17.1   666.5  
1985 334.5   61.3   265.2   36.0   6.4   12.1   18.6   734.1  
1986 349.0   63.1   283.9   32.9   7.0   13.3   20.0   769.2  
1987 392.6   83.9   303.3   32.5   7.5   15.1   19.5   854.4  
1988 401.2   94.5   334.3   35.2   7.6   16.2   20.3   909.3  
1989 445.7   103.3   359.4   34.4   8.7   16.3   23.3   991.2  
1990 466.9   93.5   380.0   35.3   11.5   16.7   28.0   1,032.0  
1991 467.8   98.1   396.0   42.4   11.1   15.9   23.6   1,055.0  
1992 476.0   100.3   413.7   45.6   11.1   17.4   27.3   1,091.3  
1993 509.7   117.5   428.3   48.1   12.6   18.8   19.5   1,154.4  
1994 543.1   140.4   461.5   55.2   15.2   20.1   23.2   1,258.6  
1995 590.2   157.0   484.5   57.5   14.8   19.3   28.6   1,351.8  
1996 656.4   171.8   509.4   54.0   17.2   18.7   25.5   1,453.1  
1997 737.5   182.3   539.4   56.9   19.8   17.9   25.5   1,579.3  
1998 828.6   188.7   571.8   57.7   24.1   18.3   32.7   1,721.8  
1999 879.5   184.7   611.8   70.4   27.8   18.3   34.9   1,827.5  
2000 1,004.5   207.3   652.9   68.9   29.0   19.9   42.8   2,025.2  
2001 994.3   151.1   694.0   66.2   28.4   19.4   37.8   1,991.2  
2002 858.3   148.0   700.8   67.0   26.5   18.6   33.9   1,853.2  

Source: Congressional Budget Office.

                                 
Table F-4.
Revenues by Major Source, 1962-2002

(As a percentage of GDP)
  Individual
Income
Taxes
Corporate
Income
Taxes
Social
Insurance
Taxes
Excise
Taxes
Estate
and Gift
Taxes
Customs
Duties
Miscel-
laneous
Receipts
Total
Revenues

1962 8.0   3.6   3.0   2.2   0.4   0.2   0.1   17.5  
1963 7.9   3.6   3.3   2.2   0.4   0.2   0.2   17.8  
1964 7.6   3.7   3.4   2.1   0.4   0.2   0.2   17.5  
1965 7.1   3.7   3.2   2.1   0.4   0.2   0.2   17.0  
1966 7.3   4.0   3.4   1.7   0.4   0.2   0.2   17.3  
1967 7.6   4.2   4.0   1.7   0.4   0.2   0.3   18.3  
1968 7.9   3.3   3.9   1.6   0.4   0.2   0.3   17.6  
1969 9.2   3.9   4.1   1.6   0.4   0.2   0.3   19.7  
1970 8.9   3.2   4.4   1.5   0.4   0.2   0.3   19.0  
1971 8.0   2.5   4.4   1.5   0.3   0.2   0.4   17.3  
1972 8.0   2.7   4.5   1.3   0.5   0.3   0.3   17.6  
1973 7.9   2.8   4.8   1.2   0.4   0.2   0.3   17.6  
1974 8.3   2.7   5.2   1.2   0.3   0.2   0.4   18.3  
1975 7.8   2.6   5.4   1.1   0.3   0.2   0.4   17.9  
1976 7.6   2.4   5.2   1.0   0.3   0.2   0.5   17.2  
1977 8.0   2.8   5.4   0.9   0.4   0.3   0.3   18.0  
1978 8.2   2.7   5.5   0.8   0.2   0.3   0.3   18.0  
1979 8.7   2.6   5.5   0.7   0.2   0.3   0.4   18.5  
1980 8.9   2.4   5.8   0.9   0.2   0.3   0.5   18.9  
1981 9.3   2.0   6.0   1.3   0.2   0.3   0.5   19.6  
1982 9.2   1.5   6.2   1.1   0.2   0.3   0.5   19.1  
1983 8.4   1.1   6.1   1.0   0.2   0.3   0.5   17.4  
1984 7.8   1.5   6.2   1.0   0.2   0.3   0.4   17.3  
1985 8.1   1.5   6.4   0.9   0.2   0.3   0.4   17.7  
1986 7.9   1.4   6.5   0.7   0.2   0.3   0.5   17.5  
1987 8.4   1.8   6.5   0.7   0.2   0.3   0.4   18.4  
1988 8.0   1.9   6.7   0.7   0.2   0.3   0.4   18.1  
1989 8.2   1.9   6.6   0.6   0.2   0.3   0.4   18.3  
1990 8.1   1.6   6.6   0.6   0.2   0.3   0.5   18.0  
1991 7.9   1.7   6.7   0.7   0.2   0.3   0.4   17.8  
1992 7.7   1.6   6.6   0.7   0.2   0.3   0.4   17.5  
1993 7.8   1.8   6.5   0.7   0.2   0.3   0.3   17.6  
1994 7.8   2.0   6.6   0.8   0.2   0.3   0.3   18.1  
1995 8.1   2.1   6.6   0.8   0.2   0.3   0.4   18.5  
1996 8.5   2.2   6.6   0.7   0.2   0.2   0.3   18.9  
1997 9.0   2.2   6.6   0.7   0.2   0.2   0.3   19.3  
1998 9.6   2.2   6.6   0.7   0.3   0.2   0.4   19.9  
1999 9.6   2.0   6.7   0.8   0.3   0.2   0.4   20.0  
2000 10.3   2.1   6.7   0.7   0.3   0.2   0.4   20.8  
2001 9.9   1.5   6.9   0.7   0.3   0.2   0.4   19.8  
2002 8.3   1.4   6.8   0.6   0.3   0.2   0.3   17.9  

Source: Congressional Budget Office.

                     
Table F-5.
Outlays by Major Spending Category, 1962-2002

(In billions of dollars)
  Discretionary
Spending
Entitlements
and Other
Mandatory
Spending
Net
Interest
Offsetting
Receipts
Total
Outlays

1962 72.1   34.7   6.9   -6.8   106.8  
1963 75.3   36.2   7.7   -7.9   111.3  
1964 79.1   38.9   8.2   -7.7   118.5  
1965 77.8   39.7   8.6   -7.9   118.2  
1966 90.1   43.4   9.4   -8.4   134.5  
1967 106.5   50.9   10.3   -10.2   157.5  
1968 118.0   59.7   11.1   -10.6   178.1  
1969 117.3   64.6   12.7   -11.0   183.6  
1970 120.3   72.5   14.4   -11.5   195.6  
1971 122.5   86.9   14.8   -14.1   210.2  
1972 128.5   100.8   15.5   -14.1   230.7  
1973 130.4   116.0   17.3   -18.0   245.7  
1974 138.2   130.9   21.4   -21.2   269.4  
1975 158.0   169.4   23.2   -18.3   332.3  
1976 175.6   189.1   26.7   -19.6   371.8  
1977 197.1   203.7   29.9   -21.5   409.2  
1978 218.7   227.4   35.5   -22.8   458.7  
1979 240.0   247.0   42.6   -25.6   504.0  
1980 276.3   291.2   52.5   -29.2   590.9  
1981 307.9   339.4   68.8   -37.9   678.2  
1982 326.0   370.8   85.0   -36.0   745.7  
1983 353.3   410.6   89.8   -45.3   808.4  
1984 379.4   405.6   111.1   -44.2   851.9  
1985 415.8   448.2   129.5   -47.1   946.4  
1986 438.5   461.8   136.0   -45.9   990.4  
1987 444.2   474.2   138.6   -52.9   1,004.1  
1988 464.4   505.0   151.8   -56.8   1,064.5  
1989 488.8   548.6   169.0   -63.8   1,143.6  
1990 500.6   626.9   184.3   -58.7   1,253.2  
1991 533.3   702.3   194.4   -105.7   1,324.4  
1992 533.8   716.8   199.3   -68.4   1,381.7  
1993 539.4   738.0   198.7   -66.6   1,409.5  
1994 541.4   786.1   202.9   -68.5   1,461.9  
1995 544.9   818.5   232.1   -79.7   1,515.8  
1996 532.7   858.7   241.1   -71.9   1,560.5  
1997 547.2   896.3   244.0   -86.3   1,601.3  
1998 552.1   938.6   241.1   -79.2   1,652.6  
1999 572.0   976.8   229.8   -76.6   1,701.9  
2000 614.8   1,029.8   223.0   -78.8   1,788.8  
2001 649.3   1,095.2   206.2   -86.8   1,863.9  
2002 734.4   1,196.6   171.0   -91.0   2,011.0  

Source: Congressional Budget Office.

                     
Table F-6.
Outlays by Major Spending Category, 1962-2002

(As a percentage of GDP)
  Discretionary
Spending
Entitlements
and Other
Mandatory
Spending
Net
Interest
Offsetting
Receipts
Total
Outlays

1962 12.7   6.1   1.2   -1.2   18.8  
1963 12.5   6.0   1.3   -1.3   18.5  
1964 12.3   6.1   1.3   -1.2   18.5  
1965 11.3   5.8   1.2   -1.1   17.2  
1966 11.9   5.7   1.2   -1.1   17.8  
1967 13.1   6.3   1.3   -1.3   19.4  
1968 13.6   6.9   1.3   -1.2   20.5  
1969 12.4   6.8   1.3   -1.2   19.3  
1970 11.9   7.2   1.4   -1.1   19.3  
1971 11.3   8.0   1.4   -1.3   19.4  
1972 10.9   8.6   1.3   -1.2   19.6  
1973 9.9   8.8   1.3   -1.4   18.7  
1974 9.6   9.1   1.5   -1.5   18.7  
1975 10.1   10.9   1.5   -1.2   21.3  
1976 10.1   10.9   1.5   -1.1   21.4  
1977 10.0   10.3   1.5   -1.1   20.7  
1978 9.9   10.2   1.6   -1.0   20.7  
1979 9.6   9.9   1.7   -1.0   20.1  
1980 10.1   10.7   1.9   -1.1   21.6  
1981 10.1   11.1   2.2   -1.2   22.2  
1982 10.1   11.5   2.6   -1.1   23.1  
1983 10.3   11.9   2.6   -1.3   23.5  
1984 9.9   10.5   2.9   -1.2   22.1  
1985 10.0   10.8   3.1   -1.1   22.9  
1986 10.0   10.5   3.1   -1.0   22.5  
1987 9.5   10.2   3.0   -1.1   21.6  
1988 9.3   10.1   3.0   -1.1   21.2  
1989 9.0   10.1   3.1   -1.2   21.2  
1990 8.7   10.9   3.2   -1.0   21.8  
1991 9.0   11.8   3.3   -1.8   22.3  
1992 8.6   11.5   3.2   -1.1   22.2  
1993 8.2   11.2   3.0   -1.0   21.5  
1994 7.8   11.3   2.9   -1.0   21.0  
1995 7.4   11.2   3.2   -1.1   20.7  
1996 6.9   11.2   3.1   -0.9   20.3  
1997 6.7   10.9   3.0   -1.1   19.5  
1998 6.4   10.8   2.8   -0.9   19.1  
1999 6.3   10.7   2.5   -0.8   18.6  
2000 6.3   10.6   2.3   -0.8   18.4  
2001 6.5   10.9   2.1   -0.9   18.6  
2002 7.1   11.6   1.7   -0.9   19.5  

Source: Congressional Budget Office.

                 
Table F-7.
Discretionary Outlays, 1962-2002

(In billions of dollars)
  Defense International Domestic Total

1962 52.6   5.5   14.0   72.1  
1963 53.7   5.2   16.3   75.3  
1964 55.0   4.6   19.5   79.1  
1965 51.0   4.7   22.1   77.8  
1966 59.0   5.1   26.1   90.1  
1967 72.0   5.3   29.1   106.5  
1968 82.2   4.9   31.0   118.0  
1969 82.7   4.1   30.5   117.3  
1970 81.9   4.0   34.4   120.3  
1971 79.0   3.8   39.8   122.5  
1972 79.3   4.6   44.6   128.5  
1973 77.1   4.8   48.5   130.4  
1974 80.7   6.2   51.3   138.2  
1975 87.6   8.2   62.2   158.0  
1976 89.9   7.5   78.2   175.6  
1977 97.5   8.0   91.5   197.1  
1978 104.6   8.5   105.5   218.7  
1979 116.8   9.1   114.1   240.0  
1980 134.6   12.8   128.9   276.3  
1981 158.0   13.6   136.3   307.9  
1982 185.9   12.9   127.1   326.0  
1983 209.9   13.6   129.8   353.3  
1984 228.0   16.3   135.1   379.4  
1985 253.1   17.4   145.3   415.8  
1986 273.8   17.7   147.0   438.5  
1987 282.5   15.2   146.5   444.2  
1988 290.9   15.7   157.8   464.4  
1989 304.0   16.6   168.2   488.8  
1990 300.1   19.1   181.4   500.6  
1991 319.7   19.7   193.9   533.3  
1992 302.6   19.2   212.1   533.8  
1993 292.4   21.6   225.4   539.4  
1994 282.3   20.8   238.3   541.4  
1995 273.6   20.1   251.2   544.9  
1996 266.0   18.3   248.4   532.7  
1997 271.7   19.0   256.6   547.2  
1998 270.2   18.1   263.8   552.1  
1999 275.5   19.5   277.0   572.0  
2000 295.0   21.3   298.6   614.8  
2001 306.1   22.5   320.8   649.3  
2002 348.9   26.2   359.2   734.4  

Source: Congressional Budget Office.

                 
Table F-8.
Discretionary Outlays, 1962-2002

(As a percentage of GDP)
  Defense International Domestic Total

1962 9.2   1.0   2.5   12.7  
1963 8.9   0.9   2.7   12.5  
1964 8.6   0.7   3.0   12.3  
1965 7.4   0.7   3.2   11.3  
1966 7.8   0.7   3.4   11.9  
1967 8.9   0.7   3.6   13.1  
1968 9.4   0.6   3.6   13.6  
1969 8.7   0.4   3.2   12.4  
1970 8.1   0.4   3.4   11.9  
1971 7.3   0.3   3.7   11.3  
1972 6.7   0.4   3.8   10.9  
1973 5.9   0.4   3.7   9.9  
1974 5.6   0.4   3.6   9.6  
1975 5.6   0.5   4.0   10.1  
1976 5.2   0.4   4.5   10.1  
1977 4.9   0.4   4.6   10.0  
1978 4.7   0.4   4.8   9.9  
1979 4.7   0.4   4.6   9.6  
1980 4.9   0.5   4.7   10.1  
1981 5.2   0.4   4.5   10.1  
1982 5.8   0.4   3.9   10.1  
1983 6.1   0.4   3.8   10.3  
1984 5.9   0.4   3.5   9.9  
1985 6.1   0.4   3.5   10.0  
1986 6.2   0.4   3.3   10.0  
1987 6.1   0.3   3.1   9.5  
1988 5.8   0.3   3.1   9.3  
1989 5.6   0.3   3.1   9.0  
1990 5.2   0.3   3.2   8.7  
1991 5.4   0.3   3.3   9.0  
1992 4.9   0.3   3.4   8.6  
1993 4.5   0.3   3.4   8.2  
1994 4.1   0.3   3.4   7.8  
1995 3.7   0.3   3.4   7.4  
1996 3.5   0.2   3.2   6.9  
1997 3.3   0.2   3.1   6.7  
1998 3.1   0.2   3.0   6.4  
1999 3.0   0.2   3.0   6.3  
2000 3.0   0.2   3.1   6.3  
2001 3.1   0.2   3.2   6.5  
2002 3.4   0.3   3.5   7.1  

Source: Congressional Budget Office.

                                                 
Table F-9.
Outlays for Entitlements and Other Mandatory Spending, 1962-2002

(In billions of dollars)
  Means-Tested Programs
Non-Means-Tested Programs
Total
Entitlements
and Other
Mandatory
Spending
  Medicaid Other Total
Means-
Tested
Social
Security
Medicare Other
Retirement
and
Disability
Unemploy-
ment
Compen-
sation
Farm
Price
Supports
Deposit
Insurance
Other Total
Non-
Means
Tested

1962 0.1   4.2   4.3   14.0   0   2.7   3.5   2.4   -0.4   8.2   30.4   34.7  
1963 0.2   4.5   4.7   15.5   0   2.9   3.6   3.4   -0.4   6.6   31.5   36.2  
1964 0.2   4.8   5.0   16.2   0   3.3   3.4   3.4   -0.4   8.0   33.9   38.9  
1965 0.3   4.9   5.2   17.1   0   3.6   2.7   2.8   -0.4   8.7   34.5   39.7  
1966 0.8   5.0   5.8   20.3   *   4.1   2.2   1.4   -0.5   10.1   37.6   43.4  
1967 1.2   5.0   6.2   21.3   3.2   4.8   2.3   2.0   -0.4   11.6   44.7   50.9  
1968 1.8   5.7   7.5   23.3   5.1   5.7   2.2   3.3   -0.5   13.1   52.2   59.7  
1969 2.3   6.3   8.6   26.7   6.3   5.2   2.3   4.2   -0.6   11.9   56.0   64.6  
1970 2.7   7.4   10.1   29.6   6.8   6.6   3.1   3.8   -0.5   12.9   62.4   72.5  
1971 3.4   10.0   13.4   35.1   7.5   8.3   5.8   2.9   -0.4   14.3   73.5   86.9  
1972 4.6   11.7   16.3   39.4   8.4   9.6   6.7   4.1   -0.6   17.0   84.5   100.8  
1973 4.6   11.4   16.0   48.2   9.0   11.7   4.9   3.6   -0.8   23.4   100.0   116.0  
1974 5.8   13.7   19.5   55.0   10.7   13.8   5.6   1.0   -0.6   25.9   111.4   130.9  
1975 6.8   18.6   25.4   63.6   14.1   18.3   12.8   0.6   0.5   34.2   144.0   169.4  
1976 8.6   21.7   30.3   72.7   16.9   18.9   18.6   1.1   -0.6   31.2   158.8   189.1  
1977 9.9   23.4   33.3   83.7   20.8   21.6   14.3   3.8   -2.8   29.0   170.4   203.7  
1978 10.7   24.8   35.5   92.4   24.3   23.7   10.8   5.7   -1.0   36.0   191.9   227.4  
1979 12.4   26.5   38.9   102.6   28.2   27.9   9.8   3.6   -1.7   37.8   208.1   247.0  
1980 14.0   31.9   45.9   117.1   34.0   32.1   16.9   2.8   -0.4   43.0   245.3   291.2  
1981 16.8   37.1   53.9   137.9   41.3   37.4   18.3   4.0   -1.4   48.0   285.5   339.4  
1982 17.4   37.4   54.8   153.9   49.2   40.7   22.2   11.7   -2.1   40.4   316.0   370.8  
1983 19.0   40.3   59.3   168.5   55.5   43.2   29.7   18.9   -1.2   36.7   351.3   410.6  
1984 20.1   41.2   61.3   176.1   61.0   44.7   17.0   7.3   -0.8   39.1   344.3   405.6  
1985 22.7   43.3   66.0   186.4   69.6   45.5   15.8   17.7   -2.2   49.3   382.2   448.2  
1986 25.0   44.9   69.9   196.5   74.2   47.5   16.1   25.8   1.5   30.1   391.9   461.8  
1987 27.4   45.5   72.9   205.1   79.9   50.8   15.5   22.4   3.1   24.5   401.3   474.2  
1988 30.5   50.0   80.5   216.8   85.7   54.2   13.6   12.2   10.0   32.0   424.5   505.0  
1989 34.6   54.2   88.8   230.4   94.3   57.2   13.9   10.6   22.0   31.4   459.8   548.6  
1990 41.1   58.8   99.9   246.5   107.4   59.9   17.1   6.5   57.9   31.6   527.0   626.9  
1991 52.5   69.7   122.2   266.8   114.2   64.4   25.1   10.1   66.2   33.4   580.1   702.3  
1992 67.8   78.7   146.5   285.2   129.4   66.6   37.0   9.3   2.6   40.3   570.3   716.8  
1993 75.8   86.5   162.3   302.0   143.1   68.7   35.5   15.6   -28.0   38.8   575.7   738.0  
1994 82.0   95.0   177.0   316.9   159.5   72.1   26.4   9.9   -7.6   31.8   609.1   786.1  
1995 89.1   101.5   190.6   333.3   177.1   75.2   21.3   5.8   -17.9   33.2   628.0   818.5  
1996 92.0   104.2   196.2   347.1   191.3   77.3   22.6   5.0   -8.4   27.6   662.5   858.7  
1997 95.6   107.2   202.8   362.3   207.9   80.6   20.6   5.8   -14.4   30.8   693.5   896.3  
1998 101.1   107.9   209.0   376.1   211.0   82.9   19.6   8.5   -4.4   35.8   729.6   938.6  
1999 107.7   113.0   220.7   387.0   209.3   85.3   21.4   18.0   -5.3   40.5   756.1   976.8  
2000 117.4   118.6   235.9   406.0   216.0   87.8   20.7   30.5   -3.1   35.8   793.9   1,029.8  
2001 130.4   118.4   248.7   429.4   237.9   92.7   27.9   22.4   -1.4   37.8   846.5   1,095.2  
2002 147.5   138.5   286.1   452.5   253.7   96.1   50.6   13.9   -1.0   70.8   910.6   1,196.6  

Source: Congressional Budget Office.
Note: * = less than $50 million.

                                                 
Table F-10.
Outlays for Entitlements and Other Mandatory Spending, 1962-2002

(As a percentage of GDP)
  Means-Tested Programs
Non-Means-Tested Programs
Total
Entitlements
and Other
Mandatory
Spending
  Medicaid Other Total
Means-
Tested
Social
Security
Medicare Other
Retirement
and
Disability
Unemploy-
ment
Compen-
sation
Farm
Price
Supports
Deposit
Insurance
Other Total
Non-
Means-
Tested

1962 *   0.7   0.8   2.5   0   0.5   0.6   0.4   -0.1   1.4   5.3   6.1  
1963 *   0.8   0.8   2.6   0   0.5   0.6   0.6   -0.1   1.1   5.2   6.0  
1964 *   0.7   0.8   2.5   0   0.5   0.5   0.5   -0.1   1.2   5.3   6.1  
1965 *   0.7   0.8   2.5   0   0.5   0.4   0.4   -0.1   1.3   5.0   5.8  
1966 0.1   0.7   0.8   2.7   *   0.5   0.3   0.2   -0.1   1.3   5.0   5.7  
1967 0.1   0.6   0.8   2.6   0.4   0.6   0.3   0.2   *   1.4   5.5   6.3  
1968 0.2   0.7   0.9   2.7   0.6   0.7   0.2   0.4   -0.1   1.5   6.0   6.9  
1969 0.2   0.7   0.9   2.8   0.7   0.6   0.2   0.4   -0.1   1.3   5.9   6.8  
1970 0.3   0.7   1.0   2.9   0.7   0.7   0.3   0.4   *   1.3   6.2   7.2  
1971 0.3   0.9   1.2   3.2   0.7   0.8   0.5   0.3   *   1.3   6.8   8.0  
1972 0.4   1.0   1.4   3.3   0.7   0.8   0.6   0.3   -0.1   1.4   7.2   8.6  
1973 0.4   0.9   1.2   3.7   0.7   0.9   0.4   0.3   -0.1   1.8   7.6   8.8  
1974 0.4   0.9   1.4   3.8   0.7   1.0   0.4   0.1   *   1.8   7.7   9.1  
1975 0.4   1.2   1.6   4.1   0.9   1.2   0.8   *   *   2.2   9.2   10.9  
1976 0.5   1.3   1.7   4.2   1.0   1.1   1.1   0.1   *   1.8   9.1   10.9  
1977 0.5   1.2   1.7   4.2   1.1   1.1   0.7   0.2   -0.1   1.5   8.6   10.3  
1978 0.5   1.1   1.6   4.2   1.1   1.1   0.5   0.3   *   1.6   8.6   10.2  
1979 0.5   1.1   1.6   4.1   1.1   1.1   0.4   0.1   -0.1   1.5   8.3   9.9  
1980 0.5   1.2   1.7   4.3   1.2   1.2   0.6   0.1   *   1.6   9.0   10.7  
1981 0.6   1.2   1.8   4.5   1.3   1.2   0.6   0.1   *   1.6   9.3   11.1  
1982 0.5   1.2   1.7   4.8   1.5   1.3   0.7   0.4   -0.1   1.2   9.8   11.5  
1983 0.6   1.2   1.7   4.9   1.6   1.3   0.9   0.5   *   1.1   10.2   11.9  
1984 0.5   1.1   1.6   4.6   1.6   1.2   0.4   0.2   *   1.0   8.9   10.5  
1985 0.5   1.0   1.6   4.5   1.7   1.1   0.4   0.4   -0.1   1.2   9.2   10.8  
1986 0.6   1.0   1.6   4.5   1.7   1.1   0.4   0.6   *   0.7   8.9   10.5  
1987 0.6   1.0   1.6   4.4   1.7   1.1   0.3   0.5   0.1   0.5   8.6   10.2  
1988 0.6   1.0   1.6   4.3   1.7   1.1   0.3   0.2   0.2   0.6   8.5   10.1  
1989 0.6   1.0   1.6   4.3   1.7   1.1   0.3   0.2   0.4   0.6   8.5   10.1  
1990 0.7   1.0   1.7   4.3   1.9   1.0   0.3   0.1   1.0   0.6   9.2   10.9  
1991 0.9   1.2   2.1   4.5   1.9   1.1   0.4   0.2   1.1   0.6   9.8   11.8  
1992 1.1   1.3   2.4   4.6   2.1   1.1   0.6   0.1   *   0.6   9.2   11.5  
1993 1.2   1.3   2.5   4.6   2.2   1.0   0.5   0.2   -0.4   0.6   8.8   11.2  
1994 1.2   1.4   2.5   4.6   2.3   1.0   0.4   0.1   -0.1   0.5   8.8   11.3  
1995 1.2   1.4   2.6   4.6   2.4   1.0   0.3   0.1   -0.2   0.5   8.6   11.2  
1996 1.2   1.4   2.5   4.5   2.5   1.0   0.3   0.1   -0.1   0.4   8.6   11.2  
1997 1.2   1.3   2.5   4.4   2.5   1.0   0.3   0.1   -0.2   0.4   8.5   10.9  
1998 1.2   1.2   2.4   4.3   2.4   1.0   0.2   0.1   -0.1   0.4   8.4   10.8  
1999 1.2   1.2   2.4   4.2   2.3   0.9   0.2   0.2   -0.1   0.4   8.3   10.7  
2000 1.2   1.2   2.4   4.2   2.2   0.9   0.2   0.3   *   0.4   8.2   10.6  
2001 1.3   1.2   2.5   4.3   2.4   0.9   0.3   0.2   *   0.4   8.4   10.9  
2002 1.4   1.3   2.8   4.4   2.5   0.9   0.5   0.1   *   0.7   8.8   11.6  

Source: Congressional Budget Office.
Note: * = between -0.05 percent and 0.05 percent.

                                     
Table F-11.
Surpluses, Deficits, Debt, and Related Series, 1960-2002

  In Billions of Dollars
As a Percentage of GDP
   
  Surplus or
Deficit (-)
Standardized-
Budget
Surplus or
Deficit (-)a
Debt Held by
the Public
Surplus or
Deficit (-)
Standardized-
Budget
Surplus or
Deficit (-)a,b
Debt Held by
the Public
GDP
(Billions of Dollars)

NAIRUd
(Percent)
Actualc Potential

1960 *   *   237   0.1   0.1   45.6   520   520   5.5  
1961 -3   3   238   -0.6   0.6   44.9   531   547   5.5  
1962 -7   -4   248   -1.3   -0.8   43.6   569   575   5.5  
1963 -5   -4   254   -0.8   -0.6   42.3   600   605   5.5  
1964 -6   -7   257   -0.9   -1.0   40.0   642   637   5.6  
1965 -1   -5   261   -0.2   -0.7   37.9   688   674   5.6  
1966 -4   -14   264   -0.5   -2.0   34.8   757   719   5.7  
1967 -9   -21   267   -1.1   -2.7   32.8   812   776   5.8  
1968 -25   -31   290   -2.9   -3.7   33.3   870   840   5.8  
1969 3   -11   278   0.3   -1.2   29.3   949   916   5.8  
1970 -3   -6   283   -0.3   -0.6   27.9   1,014   1,002   5.9  
1971 -23   -11   303   -2.1   -1.0   28.0   1,082   1,090   5.9  
1972 -23   -20   322   -2.0   -1.7   27.4   1,178   1,179   6.0  
1973 -15   -21   341   -1.1   -1.7   26.0   1,314   1,274   6.1  
1974 -6   2   344   -0.4   0.1   23.8   1,442   1,415   6.2  
1975 -53   -1   395   -3.4   **   25.3   1,559   1,616   6.2  
1976 -74   -37   477   -4.2   -2.1   27.5   1,736   1,787   6.2  
1977 -54   -22   549   -2.7   -1.1   27.8   1,975   2,000   6.2  
1978 -59   -33   607   -2.7   -1.5   27.4   2,219   2,212   6.3  
1979 -41   -18   640   -1.6   -0.7   25.6   2,505   2,472   6.3  
1980 -74   -13   712   -2.7   -0.5   26.1   2,732   2,775   6.2  
1981 -79   -14   789   -2.6   -0.5   25.8   3,060   3,128   6.2  
1982 -128   -41   925   -4.0   -1.2   28.6   3,231   3,435   6.1  
1983 -208   -114   1,137   -6.0   -3.1   33.0   3,442   3,682   6.1  
1984 -185   -145   1,307   -4.8   -3.7   34.0   3,847   3,930   6.1  
1985 -212   -177   1,507   -5.1   -4.2   36.4   4,142   4,185   6.0  
1986 -221   -214   1,741   -5.0   -4.8   39.6   4,398   4,424   6.0  
1987 -150   -152   1,890   -3.2   -3.2   40.6   4,654   4,692   6.0  
1988 -155   -130   2,052   -3.1   -2.6   40.9   5,017   4,996   5.9  
1989 -153   -118   2,191   -2.8   -2.2   40.5   5,407   5,345   5.9  
1990 -221   -121   2,412   -3.9   -2.1   42.0   5,738   5,706   5.9  
1991 -269   -147   2,689   -4.5   -2.4   45.4   5,928   6,088   5.8  
1992 -290   -185   3,000   -4.7   -2.9   48.2   6,222   6,403   5.7  
1993 -255   -185   3,248   -3.9   -2.8   49.5   6,561   6,713   5.6  
1994 -203   -145   3,433   -2.9   -2.1   49.4   6,949   7,030   5.4  
1995 -164   -144   3,604   -2.2   -2.0   49.2   7,323   7,376   5.3  
1996 -108   -99   3,734   -1.4   -1.3   48.5   7,700   7,740   5.2  
1997 -22   -73   3,772   -0.3   -0.9   46.0   8,194   8,137   5.2  
1998 69   -37   3,721   0.8   -0.4   43.0   8,655   8,528   5.2  
1999 126   -3   3,632   1.4   **   39.7   9,141   8,945   5.2  
2000 236   99   3,410   2.4   1.1   35.1   9,715   9,442   5.2  
2001 127   80   3,320   1.3   0.8   33.1   10,032   9,995   5.2  
2002 -158   -153   3,540   -1.5   -1.5   34.3   10,337   10,428   5.2  

Sources: Congressional Budget Office; Department of Commerce, Bureau of Economic Analysis.
Note: * = less than $500 million; ** = less than 0.05 percent.
a. Excludes deposit insurance, receipts from auctions of licenses to use the electromagnetic spectrum, timing adjustments, and contributions from allied nations for Operation Desert Storm (which were received in 1991 and 1992).
b. Shown as a percentage of potential GDP.
c. CBO calculated fiscal year numbers from quarterly national income and product account data from the Bureau of Economic Analysis.
d. The NAIRU is the nonaccelerating inflation rate of unemployment. It is the benchmark for computing potential GDP.

                               
Table F-12. (Revised 2-6-03)
Standardized-Budget Surplus or Deficit and Related Series, 1960-2002

(In billions of dollars)
  Standardized-Budget
  Budget
Surplus or
Deficit (-)
- Cyclical
Surplus or
Deficit (-)
+ Other
Adjustmentsa
= Surplus or
Deficit (-)
Revenues Outlays

1960 *     *     *     *   91   90  
1961 -3     -6     *     3   98   94  
1962 -7     -2     1     -4   99   104  
1963 -5     -1     *     -4   106   110  
1964 -6     2     1     -7   109   115  
1965 -1     5     2     -5   110   115  
1966 -4     13     3     -14   115   130  
1967 -9     13     *     -21   132   153  
1968 -25     11     5     -31   139   171  
1969 3     14     *     -11   162   173  
1970 -3     6     2     -6   178   184  
1971 -23     -3     9     -11   186   197  
1972 -23     *     3     -20   200   220  
1973 -15     14     8     -21   213   234  
1974 -6     10     18     2   251   249  
1975 -53     -21     31     -1   298   298  
1976 -74     -23     13     -37   308   345  
1977 -54     -12     20     -22   356   378  
1978 -59     3     29     -33   388   421  
1979 -41     13     36     -18   442   460  
1980 -74     -18     44     -13   519   532  
1981 -79     -26     39     -14   608   622  
1982 -128     -64     23     -41   657   698  
1983 -208     -87     7     -114   652   766  
1984 -185     -28     12     -145   672   817  
1985 -212     -16     20     -177   723   900  
1986 -221     -10     -3     -214   747   960  
1987 -150     -11     -13     -152   814   966  
1988 -155     9     35     -130   867   997  
1989 -153     21     56     -118   936   1,054  
1990 -221     10     110     -121   991   1,112  
1991 -269     -50     73     -147   1,069   1,216  
1992 -290     -66     39     -185   1,124   1,310  
1993 -255     -56     14     -185   1,169   1,354  
1994 -203     -30     28     -145   1,247   1,393  
1995 -164     -14     6     -144   1,328   1,472  
1996 -107     -14     -5     -99   1,411   1,510  
1997 -22     19     -32     -73   1,491   1,564  
1998 69     46     -60     -37   1,594   1,631  
1999 126     70     -59     -3   1,661   1,664  
2000 236     99     -38     99   1,817   1,717  
2001 127     19     -27     80   1,883   1,803  
2002 -158     -40     -35     -153   1,820   1,973  

Source: Congressional Budget Office.
Note: * = between -$500 million and $500 million.
a. Includes deposit insurance, receipts from auctions of licenses to use the electromagnetic spectrum, capital gains tax receipts, the inflation premium component of interest payments, timing adjustments, and contributions from allied nations for Operation Desert Storm (which were received in 1991 and 1992).

                               
Table F-13. (Revised 2-6-03)
Standardized-Budget Surplus or Deficit and Related Series, 1960-2002

(As a percentage of potential GDP)
  Standardized-Budget
  Budget
Surplus or
Deficit (-)
- Cyclical
Surplus or
Deficit (-)
+ Other
Adjustmentsa
= Surplus or
Deficit (-)
Revenues Outlays

1960 0.1     -0.1     0.1     0.1   17.4   17.3  
1961 -0.6     -1.1     0.1     0.6   17.9   17.3  
1962 -1.2     -0.4     0.1     -0.8   17.2   18.0  
1963 -0.8     -0.2     -0.1     -0.6   17.5   18.1  
1964 -0.9     0.3     0.2     -1.0   17.0   18.1  
1965 -0.2     0.8     0.2     -0.7   16.3   17.0  
1966 -0.5     1.9     0.4     -2.0   16.0   18.0  
1967 -1.1     1.6     *     -2.7   16.9   19.7  
1968 -3.0     1.3     0.6     -3.7   16.6   20.3  
1969 0.4     1.6     *     -1.2   17.7   18.9  
1970 -0.3     0.6     0.2     -0.6   17.7   18.4  
1971 -2.1     -0.3     0.9     -1.0   17.1   18.1  
1972 -2.0     *     0.3     -1.7   16.9   18.6  
1973 -1.2     1.1     0.6     -1.7   16.7   18.4  
1974 -0.4     0.7     1.3     0.1   17.7   17.6  
1975 -3.3     -1.3     1.9     *   18.4   18.5  
1976 -4.1     -1.3     0.7     -2.1   17.2   19.3  
1977 -2.7     -0.6     1.0     -1.1   17.8   18.9  
1978 -2.7     0.1     1.3     -1.5   17.5   19.1  
1979 -1.6     0.5     1.5     -0.7   17.9   18.6  
1980 -2.7     -0.6     1.6     -0.5   18.7   19.2  
1981 -2.5     -0.8     1.2     -0.5   19.4   19.9  
1982 -3.7     -1.9     0.7     -1.2   19.1   20.3  
1983 -5.6     -2.3     0.2     -3.1   17.7   20.8  
1984 -4.7     -0.7     0.3     -3.7   17.1   20.8  
1985 -5.1     -0.4     0.5     -4.2   17.3   21.5  
1986 -5.0     -0.2     -0.1     -4.8   16.9   21.7  
1987 -3.2     -0.2     -0.3     -3.2   17.3   20.6  
1988 -3.1     0.2     0.7     -2.6   17.4   20.0  
1989 -2.9     0.4     1.0     -2.2   17.5   19.7  
1990 -3.9     0.2     1.9     -2.1   17.4   19.5  
1991 -4.4     -0.8     1.2     -2.4   17.6   20.0  
1992 -4.5     -1.0     0.6     -2.9   17.6   20.5  
1993 -3.8     -0.8     0.2     -2.8   17.4   20.2  
1994 -2.9     -0.4     0.4     -2.1   17.7   19.8  
1995 -2.2     -0.2     0.1     -2.0   18.0   20.0  
1996 -1.4     -0.2     -0.1     -1.3   18.2   19.5  
1997 -0.3     0.2     -0.4     -0.9   18.3   19.2  
1998 0.8     0.5     -0.7     -0.4   18.7   19.1  
1999 1.4     0.8     -0.7     *   18.6   18.6  
2000 2.5     1.0     -0.4     1.1   19.2   18.2  
2001 1.3     0.2     -0.3     0.8   18.8   18.0  
2002 -1.5     -0.4     -0.3     -1.5   17.5   18.9  

Source: Congressional Budget Office.
Note: * = between -0.05 percent and 0.05 percent.
a. Includes deposit insurance, receipts from auctions of licenses to use the electromagnetic spectrum, capital gains tax receipts, the inflation premium component of interest payments, timing adjustments, and contributions from allied nations for Operation Desert Storm (which were received in 1991 and 1992).


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