Federal Spending Exceeds Federal Revenue by More than $1 Trillion

Since 1965, spending has risen constantly. While federal revenues are recovering from the recent recession, spending is growing sharply, resulting in four consecutive years of deficits exceeding $1 trillion.

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

INFLATION-ADJUSTED DOLLARS (2012)

Federal Spending Exceeds Federal Revenue by More than $1 Trillion

Source: Office of Management and Budget.

Federal Spending per Household Is Skyrocketing
Federal Spending Exceeds Federal Revenue by More than $1 Trillion
Federal Spending Grew Nearly 12 Times Faster than Median Income
What if Families Handled Finances Like the Federal Government Does?
Discretionary Spending versus Mandatory Spending Chart
Runaway Spending, Not Inadequate Tax Revenue, Is Responsible for Future Deficits
Medicare and Other Entitlements Are Crowding Out Spending on Defense
National Defense Spending Would Plummet Under Obama's Budget
Budget Control Act Sequestration & Automatic Defense Spending Cuts
Obama Budget Would Make Defense the Lowest Budget Priority
Charts on Federal Entitlement Spending as a Percentage of US Budget
Total Welfare Spending Is Rising Despite Attempts at Reform
More than 70 Percent of Federal Spending Goes to Dependence Programs
Cut Spending, Fix the Debt, and Restore Prosperity

Embed This Chart Download This Chart

More Resources

ISSUE BRIEF ON MARCH 14, 2012 Federal Budget: What Congress Must Do to Control Spending and Create Jobs

TESTIMONY ON OCTOBER 12, 2011 The Imperative of Spending Control

Thank You

You have been signed up for Budget Sense.

You will get updates every two weeks on our vision to save the American dream from rising taxes, spending, and debt.

Federal Spending Exceeds Federal Revenue by More than $1 Trillion

More Resources

Sign up for Budget Sense

Sorry! Your form had errors:

Thank You