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EOP Historical Tables of the U.S. Budget - Social Sciences Division

EOP Historical Tables of the U.S. Budget - Social Sciences Division

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24 THE BUDGET FOR FISCAL YEAR 1998, HISTORICAL TABLES<br />

Table 1.3—SUMMARY OF RECEIPTS, OUTLAYS, AND SURPLUSES OR DEFICITS(–) IN CURRENT DOLLARS, CONSTANT (FY 1992) DOLLARS, AND<br />

AS PERCENTAGES OF GDP: 1940–2002—Continued<br />

(dollar amounts in billions)<br />

Fiscal Year<br />

Receipts<br />

In Current Dollars<br />

Outlays<br />

Surplus or<br />

Deficit (–)<br />

Receipts<br />

In Constant (FY 1992 Dollars)<br />

Outlays<br />

Surplus or<br />

Deficit (–)<br />

Addendum:<br />

Composite<br />

Deflator<br />

Receipts<br />

As Percentages <strong>of</strong> GDP<br />

Outlays<br />

Surplus or<br />

Deficit (–)<br />

1995 .................................... 1,351.8 1,515.7 –163.9 1,258.1 1,410.6 –152.5 1.0745 18.8 21.1 –2.3<br />

1996 .................................... 1,453.1 1,560.3 –107.3 1,322.0 1,419.6 –97.6 1.0991 19.4 20.8 –1.4<br />

1997 estimate ..................... 1,505.4 1,631.0 –125.6 1,334.2 1,445.6 –111.3 1.1283 19.2 20.8 –1.6<br />

1998 estimate ..................... 1,566.8 1,687.5 –120.6 1,352.0 1,456.1 –104.1 1.1589 19.1 20.5 –1.5<br />

1999 estimate ..................... 1,643.3 1,760.7 –117.4 1,380.9 1,479.6 –98.6 1.1900 19.1 20.4 –1.4<br />

2000 estimate ..................... 1,727.3 1,814.4 –87.1 1,413.3 1,484.6 –71.3 1.2222 19.1 20.1 –1.0<br />

2001 estimate ..................... 1,808.3 1,844.5 –36.1 1,441.6 1,470.4 –28.8 1.2544 19.0 19.4 –0.4<br />

2002 estimate ..................... 1,896.7 1,879.7 17.0 1,474.5 1,461.3 13.2 1.2863 19.0 18.9 0.2<br />

Note: Prior to 1960, <strong>the</strong> GDP data and deflators for constant dollar data are approximations <strong>of</strong> <strong>the</strong> anticipated post-benchmark revision levels. Actual post-benchmark revision<br />

levels for fiscal years prior to 1960 have not yet been released. Constant-dollar estimates are based on chain-weighted (FY 1992=100) deflators.

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