BUDGET

THE BUDGET FOR FISCAL YEAR 2017 115
Table S–1. Budget Totals
(In billions of dollars and as a percent of GDP)
Totals
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
2017–
2021
2017–
2026
Budget Totals in Billions of Dollars:
Receipts ....................................................... 3,250 3,336 3,644 3,899 4,095 4,346 4,572 4,756 4,949 5,177 5,411 5,669 20,555 46,517
Outlays ........................................................ 3,688 3,951 4,147 4,352 4,644 4,880 5,124 5,415 5,626 5,827 6,152 6,462 23,148 52,630
Deficit ....................................................... 438 616 503 454 549 534 552 660 677 650 741 793 2,593 6,113
Debt held by the public ............................... 13,117 14,129 14,763 15,324 15,982 16,615 17,264 18,016 18,793 19,548 20,396 21,302
Debt net of financial assets ......................... 11,882 12,498 13,001 13,454 14,003 14,537 15,089 15,748 16,424 17,074 17,814 18,607
Gross domestic product (GDP) ....................... 17,803 18,472 19,303 20,130 21,013 21,921 22,875 23,872 24,912 25,995 27,123 28,301
Budget Totals as a Percent of GDP:
Receipts ....................................................... 18.3% 18.1% 18.9% 19.4% 19.5% 19.8% 20.0% 19.9% 19.9% 19.9% 20.0% 20.0% 19.5% 19.7%
Outlays ........................................................ 20.7% 21.4% 21.5% 21.6% 22.1% 22.3% 22.4% 22.7% 22.6% 22.4% 22.7% 22.8% 22.0% 22.3%
Deficit ....................................................... 2.5% 3.3% 2.6% 2.3% 2.6% 2.4% 2.4% 2.8% 2.7% 2.5% 2.7% 2.8% 2.5% 2.6%
Debt held by the public ............................... 73.7% 76.5% 76.5% 76.1% 76.1% 75.8% 75.5% 75.5% 75.4% 75.2% 75.2% 75.3%
Debt net of financial assets ......................... 66.7% 67.7% 67.4% 66.8% 66.6% 66.3% 66.0% 66.0% 65.9% 65.7% 65.7% 65.7%