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A glance at President Barack Obama's estimate of total receipts, outlays, deficit, debt and gross domestic product in his budget proposal submitted to Congress on Tuesday for the 2015 fiscal year beginning Oct. 1. Figures are in billions of dollars.
Budget Totals in billions | |||
Year | 2013 | 2014 | 2015 |
Revenues | 2,775 | 3,002 | 3,337 |
Spending | 3,455 | 3,651 | 3,901 |
Deficit | 680 | 649 | 564 |
Debt held by public | 11,983 | 12,903 | 13,592 |
Gross Domestic Product | 16,619 | 17,332 | 18,219 |
Deficit as % of GDP | 4.1 | 3.7 | 2.8 |
Source: Fiscal 2015 Budget of the United States, White House Office of Management and Budget
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