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Chapter Ea - Government Finance and Employment
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Table Group Ea679-730 - Federal Government Finances-Office of Management and Budget
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John Joseph Wallis
Table Ea679-682 - Federal government finances-revenue, expenditure, and debt: 1940-1999
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Ea679
Ea680
Ea681
Ea682
Revenue
Expenditure
Surplus or deficit
Gross federal debt
Row
Fiscal year
Million dollars
Million dollars
Million dollars
Million dollars
1
1940
6,548
9,468
-2,920
50,696
2
1941
8,712
13,653
-4,941
57,531
3
1942
14,634
35,137
-20,503
79,200
4
1943
24,001
78,555
-54,554
142,648
5
1944
43,747
91,304
-47,557
204,079
6
1945
45,159
92,712
-47,553
260,123
7
1946
39,296
55,232
-15,936
270,991
8
1947
38,514
34,496
4,018
257,149
9
1948
41,560
29,764
11,796
252,031
10
1949
39,415
38,835
580
252,610
11
1950
39,443
42,562
-3,119
256,853
12
1951
51,616
45,514
6,102
255,288
13
1952
66,167
67,686
-1,519
259,097
14
1953
69,608
76,101
-6,493
265,963
15
1954
69,701
70,855
-1,154
270,812
16
1955
65,451
68,444
-2,993
274,366
17
1956
74,587
70,640
3,947
272,693
18
1957
79,990
76,578
3,412
272,252
19
1958
79,636
82,405
-2,769
279,666
20
1959
79,249
92,098
-12,849
287,465
21
1960
92,492
92,191
301
290,525
22
1961
94,388
97,723
-3,335
292,648
23
1962
99,676
106,821
-7,146
302,928
24
1963
106,560
111,316
-4,756
310,324
25
1964
112,613
118,528
-5,915
316,059
26
1965
116,817
118,228
-1,411
322,318
27
1966
130,835
134,532
-3,698
328,498
28
1967
148,822
157,464
-8,643
340,445
29
1968
152,973
178,134
-25,161
368,685
30
1969
186,882
183,640
3,242
365,769
31
1970
192,807
195,649
-2,842
380,921
32
1971
187,139
210,172
-23,033
408,176
33
1972
207,309
230,681
-23,373
435,936
34
1973
230,799
245,707
-14,908
466,291
35
1974
263,224
269,359
-6,135
483,893
36
1975
279,090
332,332
-53,242
541,925
37
1976
298,060
371,792
-73,732
628,970
38
(TQ)
81,232
96,000
15,000
643,561
39
1977
355,559
409,218
-53,659
706,398
40
1978
399,561
458,746
-59,186
776,602
41
1979
463,302
503,485
-40,183
829,471
42
1980
517,112
590,947
-73,835
909,050
43
1981
599,272
678,249
-78,976
994,845
44
1982
617,766
745,755
-127,989
1,137,345
45
1983
600,562
808,380
-207,818
1,371,710
46
1984
666,486
851,874
-185,388
1,564,657
47
1985
734,088
946,423
-212,334
1,817,521
48
1986
769,215
990,460
-221,245
2,120,629
49
1987
854,353
1,004,122
-149,769
2,346,125
50
1988
909,303
1,064,489
-155,187
2,601,307
51
1989
991,190
1,143,671
-152,481
2,868,039
52
1990
1,031,969
1,253,198
-221,229
3,206,564
53
1991
1,055,041
1,324,403
-269,361
3,598,485
54
1992
1,091,279
1,381,684
-290,404
4,002,123
55
1993
1,154,401
1,409,512
-255,110
4,351,403
56
1994
1,258,627
1,461,902
-203,275
4,643,691
57
1995
1,351,830
1,515,837
-164,007
4,921,005
58
1996
1,453,062
1,560,572
-107,510
5,181,921
59
1997
1,579,292
1,601,282
-21,990
5,369,694
60
1998
1,721,798
1,652,619
69,179
5,478,711
61
1999
1,827,454
1,702,875
124,579
5,606,087
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