Mixed What was our federal debt in 2015?

What was our federal debt in 2015?

What was our federal debt in 2015?

Indeed, over the same period that deficits fell by 70 percent, nominal debt held by the public grew by about 75 percent – from $7.5 trillion to $13.1 trillion.

How much did the US government spend in 2017?

The Trump administration spent $1.08 trillion.

What was the United States 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 was the federal budget for 2015?

The Fiscal Year 2015 federal budget is the U.S. government spending and revenue from October 1, 2014, through September 30, 2015. Spending totaled $3.688 trillion but revenue was only $3.250 trillion. That created a $438 billion budget deficit.

How does Obama’s budget proposal compare to his 2015 budget proposals?

President Obama’s budget proposal only addresses about a third of the federal government’s total estimated spending for fiscal year 2015. The federal government’s total estimated spending would be $3. 5 trillion, while Obama’s budget only addresses $1. 014 trillion.

How much will S spend in the 2015 budget?

The FY 2015 President’s Budget overall request for S is $11.5 billion, which is 2.3 percent of the Department’s budget.

What does the 2015 President’s budget mean for the Army?

The Fiscal Year (FY) 2015 President’s Budget resources the Army’s plans for adapting to an increasingly uncertain environment while remaining the most professional and proficient land force in the world.