2009 Federal Revenue and Spending Book of Charts

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Federal Spending Is Growing Faster Than Federal Revenue

Since 1965, federal tax revenues and spending have soared. Revenues have increased by more than $1.5 trillion, and spending is up by $3.3 trillion. In 2009, federal revenue will drop, while federal spending is expected to increase by nearly $1 trillion.

Total Federal Tax Revenue and Spending in Inflation-Adjusted Dollars (2008)

Revenue and Spending
 
Source: White House Office of Management and Budget.

Key Research:
Federal Spending

Defense Spending Remains Below Historical Levels Despite the War on Terror



Federal Spending Grew Nearly Seven Times Faster Than Median Income



Federal Spending Is Growing Faster Than Federal Revenue



Since 9/11, Federal Spending Increased Much Faster Than Inflation



Federal Spending Has Increased Steadily Regardless of Congressional Leadership



Federal Spending per Household Is Skyrocketing



FY 2009 Had the Second-Highest Number of Earmarks in History Despite Change in Congressional Leadership



Mandatory Spending Has Increased Five Times Faster Than Discretionary Spending



Mandatory Spending Will Increase by $7,538 per Household in 2009



Medicare and Medicaid Spending Will Rise with Increasing Health Care Costs



Obama's Budget Would Return Defense Spending to Pre-9/11 Levels



Total Government Spending More Than Doubled Since 1965