The current US federal deficit is 17 and a half trillion dollars.
GDP is a measure of the total size and output of the economy. ... The total federal
deficit is the sum of the on-budget deficit (or surplus) and the off-budget deficit ...
Although the federal deficit is the amount each year by which federal outlays in
the federal budget exceed federal receipts, the gross federal debt increases each
Oct 8, 2014 ... The federal government ran a deficit of $486 billion in 2014, the smallest ... The
deficit is the size of about 2.8 percent of the economy, a size ...
20 Mar 2009 - US Federal Deficit soars past previous estimates (Washington
Post) ... 14 Mar 2003 - GOP senators oppose size of Bush tax cut (NY Times)
US National Debt Clock : Real Time U.S. National Debt Clock.
However, the federal government does not have the entire U.S. economy at its
disposal ..... 70% of Americans were worried about the size of the federal deficit.
The federal budget deficit for 2009 and 2010 is estimated to be between $1.5 - 2
trillion or in excess of 10% of GPD. This exceeds the existing peace time record ...
Jan 20, 2015 ... The White House is breaking down the deficit as a percentage of Gross Domestic
Product, or GDP, and not actual dollars. Economists told us ...
Jul 13, 2015 ... The U.S. annual budget deficit remained near its lowest level in seven years in
June amid a brightening economic outlook that has boosted ...