Mon, May 28, 2012, 1:27 PM EDT - U.S. Markets closed for Memorial Day

A glance at Obama's budget totals

A glance at total receipts, outlays and deficits in President Barack Obama's 2013 budget

Associated Press – Mon, Feb 13, 2012 3:38 PM EST

WASHINGTON (AP) -- A glance at President Barack Obama's estimate of total revenues, outlays, deficit and debt in the budget he submitted to Congress on Monday for the fiscal year beginning Oct. 1. All totals are in trillions of dollars.

2012 2013 % Change
Revenues 2.5 2.9 16
Outlays 3.8 3.8 0
Deficit 1.3 0.9 -30.8
Debt Held by Public 11.6 12.6 8.6
Gross Domestic Product 15.6 16.3 4
Deficit as % of GDP 8.5 5.5 -35.3

 

4 comments

  • MichaelG
    MichaelG  •  Middletown, New Jersey  •  2 months ago
    What happened to his assertion a few years ago that if he couldn't at least cut the deficit in half in his first four years, he would be a one term President? Seems he went back on that, so let's not believe anything else, shall we?
  • Coupe DeVille
    Coupe DeVille  •  Huntsville, Alabama  •  2 months ago
    what's another trillion or so. I bet he keeps calling for tax hikes and says "pay their fair share" all year.
  • Dixon Jabuti
    Dixon Jabuti  •  Los Angeles, California  •  2 months ago
    i don't see golf or vacations on that list....are these items "off budget" or will there be cuts in those areas too?
  • Nick_A._Please
    Nick_A._Please  •  2 months ago
    Q : Did you guys hear about McDonalds new Obama Meal ? A: Order whatever you want & the guy behind you has to pay for it.
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