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Federal Budget Faces Annual Trillion-Dollar Deficits Through 2021

Created on January 26, 2011

Federal Budget Faces Annual Trillion-Dollar Deficits Through 2021

Source: Heritage Foundation calculations based on data from the Congressional Budget Office, The Budget and Economic Outlook: Fiscal Years 2011 to 2010, at http://www.cbo.gov/ftpdocs/120xx/doc12039/

01-26_FY2011Outlook.pdf (January 26, 2011).     Other text:     Federal Deficits, in Billions of Nominal Dollars Federal Budget Faces Annual Trillion-Dollar Deficits Through 2021 Chart 2 •  WM 3121 heritage.org $1.9 trillion $1.48 trillion 2021 2016 2011 2008