Federal Budget in Pictures

Federal Budget Deficits Will Reach Record Peacetime Levels

Close

Without reforms, growing spending—especially for Medicare, Medicaid, Social Security, and other mandatory programs—will drive deficits to catastrophic levels. Congress should cut spending and put the entitlements on a sustainable budget.

To view the interactive version of this chart, please update your browser to its most current version or switch to an alternate browser.

FEDERAL DEFICITS AS PERCENTAGE OF GDP

Federal Budget Deficits Will Reach Record Peacetime Levels

Sources: Congressional Budget Office and Office of Management and Budget.