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What was national budget in 1960?

What was national budget in 1960?

$77 billion
Budget expenditures are proposed to be held to $77 billion in fiscal 1960, which is $3.9 billion less than the estimated 1959 level of $80.9 billion.

What was the federal budget by year?

Budget Deficit by Year Since 1929

FY Deficit (in billions) Deficit-to-GDP Ratio
2016 $585 3.1%
2017 $665 3.4%
2018 $779 3.8%
2019 $984 4.6%

What was the US budget in 1945?

Federal Budget Receipts and Outlays:

Fiscal Year1 Total Budget2
Receipts Outlays
1943 24.0 78.6
1944 43.7 91.3
1945 45.2 92.7

What was the federal budget in 1944?

Function

Function -yr 1944 +yr
Total Spending $91.3 billion
Pensions $-1.0 billion
Health Care $0.2 billion
Education $0.2 billion

What was the federal budget in 1964?

$4.2 billion
Expenditures in 1964 are estimated to rise to $4.2 billion, which is $1.8 billion over the current year’s level–an increase of 75%.

How much did the government spend in 2000?

2000 United States federal budget

Submitted February 1, 1999
Total expenditures $1.766 trillion (requested) $1.789 trillion (actual) 17.6% of GDP (actual)
Surplus $236.2 billion (actual) 2.3% of GDP (actual)
Debt $5.629 trillion (at fiscal end) 55.5% of GDP
GDP $10.148 trillion

What was the US budget in 1964?

What was the US federal budget in 1920?

United States Federal Budget Summary of Receipts, Outlays, and Surpluses or Deficits (-) 1789-2019
Year (Million current USD)
1919 5,130 18,493
1920 6,649 6,358
1921 5,571 5,062

What was the federal budget in 1950?

Estimated expenditures for the fiscal year 1950 of 41.9 billion dollars include all expenditures from the general and special accounts of the Treasury as well as the net expenditures of Government corporations and enterprises. They exclude expenditures made from trust accounts.

What year was the first billion dollar federal budget?

1962
In 1962, the Federal budget for the first time in our history ran over $100 billion.

What historical data is included in the budget data series?

Many of the data series begin in 1940 and include estimates of the President’s Budget for 2020–2025. Additionally, Table 1.1 provides data on receipts, outlays, and surpluses or deficits for 1901–1939 and for earlier multiyear periods. Structure The Historical Tablesare organized into 16 sections, each of which has one or more tables.

What are the historical tables?

359 INTRODUCTION TO THE HISTORICAL TABLES STRUCTURE, COVERAGE, AND CONCEPTS TheHistorical Tables provide a wide range of data on Federal Government finances. Many of the data series begin in 1940 and include estimates of the President’s Budget for 2020–2025.

Why has the data in the historical tables been adjusted?

To the extent feasible, the data have been adjusted to provide consistency with the 2017 Budget and to provide comparability over time. To download the Historical Tables as a PDF, click here (363 pages, 1.8 MB)

What is the purpose of a section table in a budget?

When a section contains several tables, the general rule is to start with tables showing the broadest overview data and then work down to more detailed tables. The purpose of these tables is to present a broad range of historical budgetary data in one convenient reference source and to provide relevant comparisons likely to be most useful.