Summary Table 3

CPC FY2019 budget vs. current law (billions of dollars)

Total
Actual, 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2019–2023 2019–2028
Revenues
Individual income taxes 0 0 261 362 375 389 404 420 436 453 470 489 1,791 4,059
Payroll taxes 0 0 31 42 44 46 47 50 52 53 56 57 211 479
Corporate income taxes 0 0 143 199 207 215 223 232 241 250 259 270 987 2,239
Other 0 0 264 367 381 395 411 427 443 460 478 497 1,818 4,123
Total 0 0 699 971 1,008 1,045 1,085 1,127 1,172 1,217 1,264 1,313 4,807 10,900
On-budget 0 0 668 928 964 999 1,038 1,078 1,120 1,163 1,208 1,256 4,597 10,421
Off-budgeta 0 0 31 42 44 46 47 50 52 53 55 57 211 479
Outlays
Mandatory 0 86 505 420 451 414 437 438 465 492 530 536 2,226 4,687
Discretionary 0 25 -111 -54 -12 17 41 60 70 75 81 86 -119 253
Net interest 0 1 -1 -18 -42 -66 -88 -107 -127 -150 -175 -202 -215 -975
Total 0 113 393 347 397 365 390 391 408 418 436 420 1,892 3,965
On-budget 0 113 392 347 396 365 389 390 406 415 433 416 1,890 3,950
Off-budgeta 0 0 0 0 0 1 1 1 2 2 3 4 2 15
Deficit (-) or surplus 0 -113 306 624 611 680 695 736 764 799 827 893 2,915 6,935
On-budget 0 -113 275 581 567 634 648 688 714 748 775 840 2,707 6,471
Off-budgeta 0 0 30 42 44 45 47 48 50 51 52 53 209 464
Debt held by the public 0 113 -193 -816 -1,427 -2,107 -2,802 -3,538 -4,303 -5,101 -5,929 -6,822 n.a. n.a.

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.

Note: Figures are for fiscal years.

Copy the code below to embed this chart on your website.

This chart appears in:

Previous chart: «

Next chart: »