CPC FY2017 budget totals (as a percentage of GDP)

Total
Actual, 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2017–2021 2017–2026
Revenues
Individual income taxes 8.7% 8.7% 9.9% 10.6% 10.7% 10.8% 10.9% 11.0% 11.1% 11.3% 11.4% 11.5% 10.6% 11.0%
Payroll taxes 6.0% 6.0% 5.9% 6.0% 6.0% 6.0% 6.0% 6.0% 6.0% 5.9% 6.0% 6.0% 6.0% 6.0%
Corporate income taxes 1.9% 1.8% 2.3% 2.3% 2.3% 2.4% 2.3% 2.2% 2.2% 2.2% 2.1% 2.1% 2.3% 2.2%
Other 1.7% 1.8% 2.4% 2.7% 2.7% 2.7% 2.7% 2.8% 2.7% 2.7% 2.7% 2.7% 2.7% 2.7%
Total 18.2% 18.1% 20.6% 21.7% 21.6% 21.8% 21.9% 22.0% 22.0% 22.1% 22.2% 22.3% 21.5% 21.9%
On-budget 13.9% 13.8% 16.3% 17.3% 17.3% 17.5% 17.6% 17.6% 17.7% 17.8% 17.9% 18.0% 17.2% 17.5%
Off-budget* 4.3% 4.3% 4.3% 4.4% 4.4% 4.4% 4.3% 4.3% 4.3% 4.3% 4.3% 4.3% 4.4% 4.3%
Outlays
Mandatory 12.9% 14.8% 15.2% 14.5% 14.9% 15.1% 15.3% 15.7% 15.7% 15.6% 16.0% 16.3% 15.0% 15.5%
Discretionary 6.5% 6.5% 6.0% 5.9% 6.0% 6.0% 6.0% 6.0% 5.9% 5.9% 5.9% 5.8% 6.0% 5.9%
Net interest 1.3% 1.4% 1.6% 1.8% 2.0% 2.1% 2.2% 2.3% 2.3% 2.4% 2.4% 2.4% 2.0% 2.2%
Total 20.7% 22.7% 22.8% 22.2% 22.8% 23.2% 23.5% 24.0% 23.9% 23.8% 24.3% 24.5% 22.9% 23.6%
On-budget 16.5% 18.5% 18.6% 17.9% 18.4% 18.7% 18.8% 19.2% 19.0% 18.8% 19.1% 19.2% 18.5% 18.8%
Off-budget* 4.2% 4.2% 4.2% 4.3% 4.4% 4.5% 4.7% 4.8% 4.9% 5.1% 5.2% 5.3% 4.4% 4.8%
Deficit (-) or surplus -2.5% -4.6% -2.2% -0.5% -1.2% -1.4% -1.6% -2.0% -1.9% -1.7% -2.0% -2.2% -1.4% -1.7%
On-budget -2.6% -4.7% -2.2% -0.6% -1.2% -1.2% -1.2% -1.5% -1.3% -1.0% -1.2% -1.2% -1.3% -1.3%
Off-budget* 0.2% 0.1% 0.1% 0.1% 0.0% -0.2% -0.3% -0.5% -0.6% -0.7% -0.9% -1.0% -0.1% -0.4%
Debt held by the public 73.6% 77.2% 76.5% 74.2% 72.9% 71.8% 70.7% 70.0% 69.3% 68.4% 67.9% 67.6% n.a. n.a.

* The revenues and outlays of the Social Security trust funds and the net cash flow of the Postal Service are classified as off-budget.

View the underlying data on epi.org.