FY04 Proposal
|
Post-WWII Average (FY46 - FY02)
|
Clinton Budgets (FY94 FY01)
|
G.H.W. Bush Budgets (FY90 - FY93)
|
Reagan Budgets (FY82 - FY89)
|
|
Total Receipts as percent of GDP |
17.0%
|
17.9%
|
19.4%
|
17.7%
|
18.0%
|
Total outlays as percent of GDP |
19.7%
|
19.5%
|
19.6%
|
22.0%
|
22.3%
|
Deficit (-)/Surplus as percent of GDP |
-2.7%
|
-1.6%
|
-0.1%
|
-4.3%
|
-4.3%
|
Annual growth in total receipts (average % change from previous fiscal year, FY96 $) |
2.7%
|
2.9%
|
4.9%
|
0.5%
|
2.5%
|
Annual growth in total outlays (average % change from previous fiscal year, FY96 $) |
2.2%
|
2.3%
|
1.5%
|
1.9%
|
2.7%
|
Defense spending as a percent of total outlays |
17.5%
|
35.5%
|
17.1%
|
21.7%
|
26.7%
|
Non-defense discretionary spending as a percent of total outlays |
19.2%
|
19.4%*
|
17.6%
|
16.6%
|
17.1%
|
Net interest costs as percent of total outlays |
7.9%
|
10.5%*
|
13.9%
|
14.5%
|
13.2%
|
Other mandatory spending as a percent of total outlays |
55.4%
|
41.6%*
|
51.4%
|
46.2%
|
42.9%
|
Debt held by public at end of fiscal year as percent of GDP |
36.9%
|
44.0%
|
43.0%
|
46.3%
|
36.7%
|
Gross Debt at end of fiscal year as percentof GDP |
64.8%
|
56.2%
|
63.4%
|
61.8%
|
45.4%
|
* includes only data back to 1962 since the distinction between discretionary and mandatory began only in that year. |