A look at year-by-year federal budgets
February 01, 2015 11:00 pm
• Last Updated: February 02, 2015 3:18 pm
President Barack Obama today sent Congress his proposed budget. His budget proposes spending $4 trillion in the 2016 fiscal year that begins Oct. 1. The budget looks to decrease the deficit from an estimated $582.5 billion in fiscal year 2015 to $474.3 billion at the end of fiscal year 2016.
Below we look at the federal budget (receipts, outlays, and surplus/deficit) from 1940 to 2020 (estimated). Data was taken from the Office of Management and Budget.
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