Picturing Policy

Summer 2019 Insider

Picturing Policy

Federal Spending Greatly Exceeds Revenues

Aug 22, 2019 1 min read

Spending and Revenue Projections under Current Policies for the Next Three Decades


Source: Congressional Budget Office, The 2018 Long-Term Budget Outlook (www.cbo.gov/publication/53919),
as presented in Chart 5 in The Heritage Foundation, Blueprint for Balance: A Federal Budget for Fiscal Year 2020, (www.heritage.org/sites/default/files/2019-06/BlueprintforBalance_AFederalBudgetforFY2020.pdf), p. 15, May 2019.