Federal Deficit By President Chart. Monthly Federal SpendingRevenueDeficit Charts Federal CoronavirusCOVID-19 Response. The deficit for October 2021 was 119 billion less than the deficit recorded in October 2020.
Data Lab Logo of. It is calculated using Federal Surplus or Deficit - and Gross Domestic Product. Budget deficit has fluctuated since the 1980s.
The peak deficits came during World War I 17 of GDP in 1919 and World War II 24 in 1945 as the chart shows.
Are considered off-budget while most other expenditure and receipt categories are considered on-budget. When he obama left it was at 19 trillion 953 increase. Federal Budget Deficit for October 2021. Budget deficit grew 77 in the first 4 months of the 2019 fiscal year beginning Oct.