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Under the Current Policy Baseline, Spending Is Causing the Future Deficits

Created on January 26, 2011

Under the Current Policy Baseline, Spending Is Causing the Future Deficits

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:

REVENUE SPENDING Revenue and Spending as a Percentage of GDP Chart 1 •  WM 3121 heritage.org 18.4% 14.8% 26.4% 24.7% 24.7% Averages for 1960–2009: 18.0% Revenue 20.3% Spending PROJECTED 2021 2010 2000 1990 1980 1970 1960