Fifteen years ago, when the Barack Obama–Joe Biden ticket first got elected, America’s three highest federal deficits on record, in inflation-adjusted dollars, were all from World War II. Since then, ...

Federal Deficit Hit $984 Billion Last Year—a Nearly 50 Percent Increase Since Trump Took Office In three years in office, Trump has added more to the national debt than President George W. Bush ...

The Federal Budget: 1901 to 2014. To gain a thorough perspective we’ll refer to the following chart (CHART A). It contains the federal government’s fiscal year budget results from 1901 to 2014.

The government fiscal year closes at the end of September, but this analysis will look at the calendar year budget.

The deficit as a share of GDP peaked around 4.4% after the 1991 recession before falling to 3.7% by the end of 1993. The 10-year Treasury yield fell nearly 2.5 percentage points to around 6.4% at ...

But all federal policymaking uses a 10-year budget window for the purposes of calculating deficits—thats why big pieces of legislation frequently are structured to game the CBO's deficit scoring ...

These charts show you how big the federal budget is You might be surprised by how much the federal deficit has increased in recent years. ... The totals are based on fiscal year 2023.

These charts should alarm Congress and Biden. ... In 2023 — with the economy humming along — the federal deficit is spiking to $2 trillion, ... That’s double last year’s deficit.