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Budget History: The 20th Century
WASHINGTON (AllPolitics, Feb. 6) -- What's the history of U.S. budgets? Below is a glance at receipts, outlays and deficits in the 20th century in millions of dollars, plus projections through the year 2002.
Year | Received | Spent | Surplus/Deficit |
1910 | 676 | 694 | -18 |
1920 | 6,649 | 6,358 | 291 |
1930 | 4,058 | 3,320 | 738 |
1940 | 6,548 | 9,468 | -2,920 |
1950 | 39,443 | 42,562 | -3,119 |
1960 | 92,492 | 92,191 | 301 |
1970 | 192,807 | 195,649 | -2,842 |
1980 | 517,112 | 590,947 | -73,835 |
1990 | 1,031,969 | 1,253,163 | -221,194 |
1996 | 1,453,062 | 1,560,330 | -107,268 |
1997 | 1,505,425 | 1,631,016 | -125,591 |
1998 | 1,566,842 | 1,687,475 | -120,633 |
1999 | 1,643,320 | 1,760,700 | -117,380 |
2000 | 1,727,304 | 1,814,427 | -87,123 |
2001 | 1,808,347 | 1,844,488 | -36,141 |
2002 | 1,896,686 | 1,879,717 | 16,969 |
From The Associated Press |
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