Trump's Budget

POSTED BY: JEWELSTAITEFAN
UPDATED: Monday, July 13, 2026 16:10
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JEWELSTAITEFAN

Saturday, June 9, 2018 7:18 PM

CBO released the Monthly Update on 7 June.
Updating with new data:
https://www.cbo.gov/publication/53950

This looks like an interesting resource linky:
https://www.cbo.gov/about/products/major-recurring-reports#9

https://WWW.CBO.Gov/about/press-center

Apr 2018 CBO estimate:
https://www.cbo.gov/publication/53821#section2

These data sources actually seem to correlate to the figures in the Budget Statements.
I'll try to post some data to breakdown how the projections progress.

The 1st column is Category and Fiscal Year. Categories are Revenue, Outlays, Surplus/Deficit (estimate) and Surplus/Deficit (Actual, or corrected). Projected is the figure that CBO projected for the FY, most recent at the time of the report. Proportional Percent is the cumulative Deficit compared to the actual FY Total. For the newest year, % Projection is based upon the historical proportion for that month of the cycle.

Each FY has 2 groups. First group is the individual month data. Second group is the cumulative Deficit for that FY so far.

Figures in Billions.

CatFY Oct Nove Dece Janu Febru Marc April MMay June July Augu Sept

Rev16 211 $205 $350 $314 $169 $228 $438 $225 $330 $210 $231 $358
Out16 347 $270 $364 $258 $362 $336 $332 $277 $323 $323 $338 $323
S/D16 -136 -$65 --$14 +$55 --193 --108 +106 --$53 +$06 --113 --107 +$35

Rev16 211 $416 $766 1079 1248 1476 1915 2139 2469 2679 2910 3268
Out16 347 $617 $981 1240 1601 1936 2268 2545 2868 3191 3529 3852
S/D16 -136 -201 --216 --160 --353 --459 --353 --405 --399 --512 --619 --585
Projtd -414 -414 --414 --544 --544 --534 --534 --534 --534 --534 --590 --590
Port% 23.2 34.4 36.9% 27.4 60.3% 78.5 60.3 69.2% 68.2 87.5 106% 100%

Rev17 222 $200 $319 $344 $172 $217 $456 $240 $339 $231 $226 $348
Out17 267 $337 $347 $293 $364 $393 $273 $327 $426 $276 $336 $342
S/D17 --46 --137 --$27 +$51 --192 --176 +182 --$87 --$87 --$45 --109 +$06

Rev17 222 $422 $741 1085 1257 1473 1929 2168 2509 2738 2966 3314
Out17 267 $604 $951 1243 1607 2000 2273 2600 3028 3307 3642 3982
S/D17 --46 --183 --210 --159 --351 --527 --344 --432 --520 --568 --675 --668
Projtd -594 -594 --594 --559 --559 --559 --559 --559 --693 --693 --693 --693
Port% 06.9 27.5 31.6% 23.9 52.8% 79.2 51.7 65.0% 78.2 85.4 101% 100%

Rev18 235 $210 $326 $362 $157 $213 $515 $217
Out18 299 $344 $352 $311 $373 $420 $297 $361
SDEst --62 --134 --$26 +$51 --216 --207 +218 --144
Act18 --63 --139 --$23 +$49 --215 --209 +214

Rev18 235 $445 $770 1131 1287 1499 2012 2224
Out18 299 $643 $998 1306 1679 2097 2394 2754
SDEst --62 --198 --228 --174 --392 --598 --382 --530
Act18 --63 --202 --225 --176 --391 --600 --386
Projtd -873 -873 --873 --873 --873 --873 --804 --792 --792
%Prjt7 -911 -734 --713 --736 --741 --757 --747 --815
%Prjt6 -271 -588 --609 --644 --648 --765 --640 --766

Display stabilization row:
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

JEWELSTAITEFAN

Friday, June 15, 2018 7:59 PM

Note: next GDP Report from BEA on 28 June.

I keep seeing news that GDP is growing faster and faster.

JEWELSTAITEFAN

Monday, June 18, 2018 1:00 AM

In another thread, some moron is yakking about how Debt Growth under Obamanomics is so much bestest and gooder than anybody else. So I'll try to post some facts here, changing data columns from a prior post.

I keep Forgetting how convoluted, twisted, and fabricated the figures are regarding the Federal Debt.
So I will lay out some more data, for reference.

This helps show that, although the Rock-The-Vote Democraps doubled the Deficit in FY2008, Obama still only inherited a Debt about 2/3 of the GDP, and then was able to, in a few short years, push the Federal Debt over the GDP by 2012, and grew the excess to more than $1 Trillion over the GDP.

Once upon a time, reasonable people explained that a Debt larger than GDP was not a sustainable situation, and then Obamanomics took us there. And then after FY2012 ended, he was reelected to make the Economy even worse. While simultaneously bloating the Debt even further.

Obviously, CBO uses Libtard projection practices, so score any reasonable Budget with less Revenue, more Outlays, more Deficit, and lower GDP.
CBO scores delusional Libtard Budgets with exaggerated Revenue and GDP, and overly optimisticly low Outlays and Deficit.

Federal Debt data is from U.S. Treasury. Using Gross Federal Debt.
For the section to the right, the columns are FY Increase to the Federal Debt (aka THE REAL FEDERAL DEFICIT), FY Gross Federal Debt, Debt Growth.

For reference, here is the CBO Historical Budget data:

FscYr Revenues Outlays FedDeficit || DebtInc Fedrl Debt Debt Growth
2017 $3316.2B $3981.6B $665.4B || $666.2B $20,205.7 3.4%
2016 $3268.0B $3852.6B $584.7B || 1419.4B $19,539.5 7.8%
2015 $3249.9B $3688.4B $438.5B || $325.6B $18,120.1 1.8%
2014 $3021.5B $3506.1B $484.6B || 1075.1B $17,794.5 6.4%
2013 $2775.1B $3454.6B $679.5B || $668.5B $16,719.4 4.2%
2012 $2450.0B $3536.9B 1087.0B || 1286.7B $16,050.9 8.7%
2011 $2303.5B $3603.1B 1299.6B || 1235.4B $14,764.2 9.1%
2010 $2162.7B $3457.1B 1294.4B || 1652.9B $13,528.8 13.9%
2009 $2105.0B $3517.7B 1412.7B || 1889.8B $11,875.9 18.9%
2008 $2524.0B $2982.5B $458.6B || 1035.4B $09,986.1 11.6%
2007 $2568.0B $2728.7B $160.7B || $499.3B $08,950.7 5.6%
2006 $2406.9B $2655.1B $248.2B || $546.1B $08,451.4
2005 $2153.6B $2472.0B $318.3B || $550.6B $07,905.3
2004 $1880.1B $2292.8B $412.7B || $594.7B $07,354.7
2003 $1782.3B $2159.9B $377.6B || $561.6B $06,760.0
2002 $1853.6B $2010.9B $157.8B || $428.5B $06,198.4
2001 $1991.1B $1862.8B +128.2B || $141.2B $05,769.9 2.5%
2000 $2025.2B $1789.0B +236.2B || $023.2B $05,628.7
1999 $1827.5B $1701.8B +125.6B || $127.3B $05,605.5
1998 $1721.7B $1652.5B +069.3B || $109.0B $05,478.2
1997 $1579.2B $1601.1B $021.9B || $187.7B $05,369.2
1996 $1453.1B $1560.5B $107.4B || $260.9B $05,181.5
1995 $1351.8B $1515.7B $164.0B || $277.3B $04,920.6

It looks fairly clear that the Spending Spree was kicked off with the Rock-The-Vote Democrap FY2008 Budget. And then it was a runaway with Obama.

Display stabilization row:
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

JEWELSTAITEFAN

Thursday, June 28, 2018 9:04 PM

New report today from BEA. This is for the Quarter ending with March.
Updating some figures.

This data does appear to be listed under Calendar Year Quarters as opposed to Fiscal Year Quarters elsewhere.
Yes, this is Table.1.1.5 (use the Modify button to adjust dates) at this link:
https://bea.gov/iTable/iTable.cfm?

Quote:
Originally posted by JEWELSTAITEFAN:
https://bea.gov/iTable/iTable.cfm
Guess I need to specify Table 1.1.5.

2018 Q1 is now listed as GDP 19,965.3

Next release date 30 May.

This GDP data is from BEA News Release Archives. Current-Dollar GDP.

I noticed a trend among the BEA data. The figures from BEA do not match other info. But they make monthly reports, each Quarter has an Advanced Estimate, then 2nd Estimate, then 3rd Estimate, before the final figure.

FY2015Q1, Cal YRQ4 17,710.7 17,701.3 17,703.7 17,703.7 --07.0
FY2015Q2, Cal YRQ1 17,710.0 17,665.0 17,693.3 17,649.3 --60.7 loss 54.4
FY2015Q3, Cal YRQ2 17,840.5 17,902.0 17,913.7 17,913.7 +73.2 gain 264.4
FY2015Q4, Cal YRQ3 18,034.8 18,064.7 18,060.2 18,060.2 +25.4 gain 146.5
FY2016Q1, Cal YRQ4 18,128.2 18,148.4 18,164.8 18,164.8 +36.6 gain 104.6
FY2016Q2, Cal YRQ1 18,221.1 18,229.5 18,230.1 18,281.6 +60.5 gain 116.8
FY2016Q3, Cal YRQ2 18,437.6 18,436.5 18,450.1 18,450.1 +12.5 gain 168.5
FY2016Q4, Cal YRQ3 18,651.2 18,657.9 18,675.3 18,675.3 +24.1 gain 225.2
FY2017Q1, Cal YRQ4 18,860.8 18,855.5 18,869.4 18,905.5 +44.7 gain 230.2
FY2017Q2, Cal YRQ1 19,007.3 19,027.6 19,027.1 19,057.7 +50.4 gain 152.2 +35.4

FY2017Q3, Cal YRQ2 19,226.7 19,246.7 19,250.0 19.250.0 +23.3 gain 192.3 +23.8
FY2017Q4, Cal YRQ3 19,495.5 19,509.0 19,500.6 19,500.6 +05.1 gain 250.6 +25.4
FY2018Q1, Cal YRQ4 19,738.9 19,736.5 19,754.1 19,754.1 +15.2 gain 253.5 +23.3
FY2018Q2, Cal YRQ1 19,965.3 19,956.8 19,960.1 gaining 206 +68

Quote:

Display stabilization row:
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

FY2000 Q1 09926.1 Q2 10031.0 Q3 10278.3 Q4 10357.4 FY 10148.2
FY2001 Q1 10472.3 Q2 10508.1 Q3 10638.4 Q4 10639.5 FY 10564.6 4.2%
FY2002 Q1 10701.3 Q2 10834.4 Q3 10924.8 Q4 11037.1 FY 10876.9 3.0%
FY2003 Q1 11103.8 Q2 11230.1 Q3 11370.7 Q4 11625.1 FY 11332.4 4.2%
FY2004 Q1 11816.7 Q2 11988.4 Q3 12181.4 Q4 12367.7 FY 12088.6 6.7%
FY2005 Q1 12562.2 Q2 12813.7 Q3 12974.1 Q4 13205.4 FY 12888.9 6.6%
FY2006 Q1 13381.6 Q2 13648.9 Q3 13799.8 Q4 13908.5 FY 13684.7 6.2%
FY2007 Q1 14066.4 Q2 14233.2 Q3 14422.3 Q4 14569.7 FY 14322.9 4.7%
FY2008 Q1 14685.3 Q2 14668.4 Q3 14813.0 Q4 14843.0 FY 14752.4 3.0%
FY2009 Q1 14549.9 Q2 14383.9 Q3 14340.4 Q4 14384.1 FY 14414.6 -2.3
FY2010 Q1 14566.5 Q2 14681.1 Q3 14888.6 Q4 15057.7 FY 14798.5 2.7%
FY2011 Q1 15230.2 Q2 15238.4 Q3 15460.9 Q4 15587.1 FY 15379.1 3.9%
FY2012 Q1 15785.3 Q2 15973.9 Q3 16121.9 Q4 16227.9 FY 16027.2 3.6%
FY2013 Q1 16297.7 Q2 16475.4 Q3 16541.4 Q4 16749.3 FY 16515.9 3.0%
FY2014 Q1 16999.9 Q2 17031.3 Q3 17320.9 Q4 17622.3 FY 17243.6 4.4%
FY2015 Q1 17735.9 Q2 17874.7 Q3 18093.2 Q4 18227.7 FY 17982.9 4.3%
FY2016 Q1 18287.2 Q2 18325.2 Q3 18538.0 Q4 18729.1 FY 18469.9 2.7%
FY2017 Q1 18905.5 Q2 19057.7 Q3 19250.0 Q4 19500.6 FY 19178.4 3.8%
FY2018 Q1 19754.1 Q2 est3 19960.1 trending FY 20101 - 4.9%

Calendar Year 2017 GDP was 19,391 according to CBO. $19,390.6 from above.

This data meshes well. Taking the average of the 4 FY Quarters produces the FY figure listed by Treasury, except for FY 2017. This is because each quarter has the data multiplied by 4, to present as a full year's rate.

Something to note: Obama constantly projected that he would generate repeated increases to GDP of over $1 Trillion from one year to the next. Yet Obamanomics never allowed growth like that to occur. Not one single year did the GDP grow by $1 Trillion. Not during Obamanomics, nor ever before. But Trump is on pace to accomplish this feat, in only his very first full year - even though Obama's overly optimistic predictions did not identify it would b

JEWELSTAITEFAN

Sunday, July 1, 2018 2:55 PM

The U.S. DEBT Clock shows current Federal Debt as $21.182 Trillion.
And $778.8 Billion Federal Budget Deficit.

The end of June marks completion of 3 Quarters of the Fiscal Year.

In the coming month will be the reports of GDP at this point in time.
Certain to show more than $20 Trillion for the first time ever.

U.S. DEBT Clock .com shows it as $20.138T.
That seems a very low projection.

Quote:
Originally posted by JEWELSTAITEFAN:
In another thread, some moron is yakking about how Debt Growth under Obamanomics is so much bestest and gooder than anybody else. So I'll try to post some facts here, changing data columns from a prior post.

I keep Forgetting how convoluted, twisted, and fabricated the figures are regarding the Federal Debt.
So I will lay out some more data, for reference.

This helps show that, although the Rock-The-Vote Democraps doubled the Deficit in FY2008, Obama still only inherited a Debt about 2/3 of the GDP, and then was able to, in a few short years, push the Federal Debt over the GDP by 2012, and grew the excess to more than $1 Trillion over the GDP.

Once upon a time, reasonable people explained that a Debt larger than GDP was not a sustainable situation, and then Obamanomics took us there. And then after FY2012 ended, he was reelected to make the Economy even worse. While simultaneously bloating the Debt even further.

Obviously, CBO uses Libtard projection practices, so score any reasonable Budget with less Revenue, more Outlays, more Deficit, and lower GDP.
CBO scores delusional Libtard Budgets with exaggerated Revenue and GDP, and overly optimisticly low Outlays and Deficit.

Federal Debt data is from U.S. Treasury. Using Gross Federal Debt.
For the section to the right, the columns are FY Increase to the Federal Debt (aka THE REAL FEDERAL DEFICIT), FY Gross Federal Debt, Debt Growth.

For reference, here is the CBO Historical Budget data:

FscYr Revenues Outlays FedDeficit || DebtInc Fedrl Debt Debt Growth
2017 $3316.2B $3981.6B $665.4B || $666.2B $20,205.7 3.4%
2016 $3268.0B $3852.6B $584.7B || 1419.4B $19,539.5 7.8%
2015 $3249.9B $3688.4B $438.5B || $325.6B $18,120.1 1.8%
2014 $3021.5B $3506.1B $484.6B || 1075.1B $17,794.5 6.4%
2013 $2775.1B $3454.6B $679.5B || $668.5B $16,719.4 4.2%
2012 $2450.0B $3536.9B 1087.0B || 1286.7B $16,050.9 8.7%
2011 $2303.5B $3603.1B 1299.6B || 1235.4B $14,764.2 9.1%
2010 $2162.7B $3457.1B 1294.4B || 1652.9B $13,528.8 13.9%
2009 $2105.0B $3517.7B 1412.7B || 1889.8B $11,875.9 18.9%
2008 $2524.0B $2982.5B $458.6B || 1035.4B $09,986.1 11.6%
2007 $2568.0B $2728.7B $160.7B || $499.3B $08,950.7 5.6%
2006 $2406.9B $2655.1B $248.2B || $546.1B $08,451.4
2005 $2153.6B $2472.0B $318.3B || $550.6B $07,905.3
2004 $1880.1B $2292.8B $412.7B || $594.7B $07,354.7
2003 $1782.3B $2159.9B $377.6B || $561.6B $06,760.0
2002 $1853.6B $2010.9B $157.8B || $428.5B $06,198.4
2001 $1991.1B $1862.8B +128.2B || $141.2B $05,769.9 2.5%
2000 $2025.2B $1789.0B +236.2B || $023.2B $05,628.7
1999 $1827.5B $1701.8B +125.6B || $127.3B $05,605.5
1998 $1721.7B $1652.5B +069.3B || $109.0B $05,478.2
1997 $1579.2B $1601.1B $021.9B || $187.7B $05,369.2
1996 $1453.1B $1560.5B $107.4B || $260.9B $05,181.5
1995 $1351.8B $1515.7B $164.0B || $277.3B $04,920.6
Quote:

It looks fairly clear that the Spending Spree was kicked off with the Rock-The-Vote Democrap FY2008 Budget. And then it was a runaway with Obama.

Display stabilization row:
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Extrapolation would suggest Deficit around $1 Trillion for the Fiscal Year.
The indication is $977 Billion in Debt Growth in this FY.
Which would suggest Debt Growth around $1.22 Trillion for this FY.

That site also says Federal Revenue is $3.375 Trillion and spending is $4.154 Trillion, so I'm not sure where they're getting those numbers.

JEWELSTAITEFAN

Sunday, July 1, 2018 3:57 PM

Quote:
Originally posted by JEWELSTAITEFAN:
Copied from a delusional thread:

Quote:
Originally posted by second:
The Republicans’ $1.5 trillion tax cut will increase the federal debt by $1.9 trillion.

This comes from Table B-3 in the Congressional Budget Office report, page 129, so far in the back that no one reads it. The exact figure is $1.854 trillion from 2018 to 2028. That number was promised by Trump to be zero dollars or even a negative number.
www.cbo.gov/publication/53651

In other words, the tax cut doesn’t pay for itself. It doesn’t even partially pay for itself.

www.motherjones.com/kevin-drum/2018/04/cbo-projects-1-5-trillion-tax-c
ut-will-cost-1-6-trillion/

Another ridiculous post quoted for posterity.

This was from 12 April.
I guess I may have not spelled out how ridiculous it was.

Using CBO Deficit figures:
FY April18 May18 difference (savings)
28 $1526B 1087B $439B / $2957B
27 $1316B $965B $351B / $2518B
26 $1320B $893B $427B / $2167B
25 $1352B $895B $457B / $1740B
24 $1244B $859B $385B / $1283B
23 $1273B $971B $302B / $897B
22 $1276B 1039B $237B / $595B
21 $1123B $945B $178B / $358B
20 $1008B $866B $142B / $180B
19 $0981B $955B $026B / $38B
18 $0804B $792B $012B

So, even by using the pessimistic projections of Deep State Libtards at CBO, one month after proclaiming their vaunted $1.854 Trillion Debt increase, they admitted that they were a tad off, by $2.957 Trillion. Meaning that $1.5 Trillion Tax Cut Now reaps $1.1 Trillion Debt savings over the next 10 years. That's fully reaping $1.5 Trillion within 7 years, before the added windfall.

second might want to look at his hair being On Fire.
As hard as he had to look, Hunt, search for that page 129, funny how he has managed to avoid Real World Facts intruding upon his delusions.

Golly, I should probably copy this info over to the thread on Lower Tax RATES Produce Higher Tax Revenue.
Although CBO will never use those words, their data proves the premise.

JEWELSTAITEFAN

Tuesday, July 10, 2018 5:15 PM

Some time after 5 Central Time CBO released their Monthly Update.

CBO released the Monthly Update on 9 July.
Updating with new data:
https://www.cbo.gov/publication/54156

This looks like an interesting resource linky:
https://www.cbo.gov/about/products/major-recurring-reports#9

https://WWW.CBO.Gov/about/press-center

Apr 2018 CBO estimate:
https://www.cbo.gov/publication/53821#section2

These data sources actually seem to correlate to the figures in the Budget Statements.
I'll try to post some data to breakdown how the projections progress.

The 1st column is Category and Fiscal Year. Categories are Revenue, Outlays, Surplus/Deficit (estimate) and Surplus/Deficit (Actual, or corrected). Projected is the figure that CBO projected for the FY, most recent at the time of the report. Proportional Percent is the cumulative Deficit compared to the actual FY Total. For the newest year, % Projection is based upon the historical proportion for that month of the cycle.

Each FY has 2 groups. First group is the individual month data. Second group is the cumulative Deficit for that FY so far.

Figures in Billions.

CatFY Oct Nove Dece Janu Febru Marc April MMay June July Augu Sept

Rev16 211 $205 $350 $314 $169 $228 $438 $225 $330 $210 $231 $358
Out16 347 $270 $364 $258 $362 $336 $332 $277 $323 $323 $338 $323
S/D16 -136 -$65 --$14 +$55 --193 --108 +106 --$53 +$06 --113 --107 +$35

Rev16 211 $416 $766 1079 1248 1476 1915 2139 2469 2679 2910 3268
Out16 347 $617 $981 1240 1601 1936 2268 2545 2868 3191 3529 3852
S/D16 -136 -201 --216 --160 --353 --459 --353 --405 --399 --512 --619 --585
Projtd -414 -414 --414 --544 --544 --534 --534 --534 --534 --534 --590 --590
Port% 23.2 34.4 36.9% 27.4 60.3% 78.5 60.3 69.2% 68.2 87.5 106% 100%

Rev17 222 $200 $319 $344 $172 $217 $456 $240 $339 $231 $226 $348
Out17 267 $337 $347 $293 $364 $393 $273 $327 $426 $276 $336 $342
S/D17 --46 --137 --$27 +$51 --192 --176 +182 --$87 --$87 --$45 --109 +$06

Rev17 222 $422 $741 1085 1257 1473 1929 2168 2509 2738 2966 3314
Out17 267 $604 $951 1243 1607 2000 2273 2600 3028 3307 3642 3982
S/D17 --46 --183 --210 --159 --351 --527 --344 --432 --520 --568 --675 --668
Projtd -594 -594 --594 --559 --559 --559 --559 --559 --693 --693 --693 --693
Port% 06.9 27.5 31.6% 23.9 52.8% 79.2 51.7 65.0% 78.2 85.4 101% 100%

Rev18 235 $210 $326 $362 $157 $213 $515 $217 $314
Out18 299 $344 $352 $311 $373 $420 $297 $361 $389
SDEst --62 --134 --$26 +$51 --216 --207 +218 --144 --$75
Act18 --63 --139 --$23 +$49 --215 --209 +214 --146

Rev18 235 $445 $770 1131 1287 1499 2012 2224 2539
Out18 299 $643 $998 1306 1679 2097 2394 2754 3146
SDEst --62 --198 --228 --174 --392 --598 --382 --530 --607
Act18 --63 --202 --225 --176 --391 --600 --386 --532
Projtd -873 -873 --873 --873 --873 --873 --804 --792 --793 --793
%Prjt7 -911 -734 --713 --736 --741 --757 --747 --815 --776
%Prjt6 -271 -588 --609 --644 --648 --765 --640 --766 --890

Display stabilization row:
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

JEWELSTAITEFAN

Friday, July 27, 2018 4:59 PM

Quote:
Originally posted by JEWELSTAITEFAN:
The U.S. DEBT Clock shows current Federal Debt as $21.182 Trillion.
And $778.8 Billion Federal Budget Deficit.

The end of June marks completion of 3 Quarters of the Fiscal Year.

In the coming month will be the reports of GDP at this point in time.
Certain to show more than $20 Trillion for the first time ever.

U.S. DEBT Clock .com shows it as $20.138T.
That seems a very low projection.

Quote:
Originally posted by JEWELSTAITEFAN:
In another thread, some moron is yakking about how Debt Growth under Obamanomics is so much bestest and gooder than anybody else. So I'll try to post some facts here, changing data columns from a prior post.

I keep Forgetting how convoluted, twisted, and fabricated the figures are regarding the Federal Debt.
So I will lay out some more data, for reference.

This helps show that, although the Rock-The-Vote Democraps doubled the Deficit in FY2008, Obama still only inherited a Debt about 2/3 of the GDP, and then was able to, in a few short years, push the Federal Debt over the GDP by 2012, and grew the excess to more than $1 Trillion over the GDP.

Once upon a time, reasonable people explained that a Debt larger than GDP was not a sustainable situation, and then Obamanomics took us there. And then after FY2012 ended, he was reelected to make the Economy even worse. While simultaneously bloating the Debt even further.

Obviously, CBO uses Libtard projection practices, so score any reasonable Budget with less Revenue, more Outlays, more Deficit, and lower GDP.
CBO scores delusional Libtard Budgets with exaggerated Revenue and GDP, and overly optimisticly low Outlays and Deficit.

Federal Debt data is from U.S. Treasury. Using Gross Federal Debt.
For the section to the right, the columns are FY Increase to the Federal Debt (aka THE REAL FEDERAL DEFICIT), FY Gross Federal Debt, Debt Growth.

For reference, here is the CBO Historical Budget data:

FscYr Revenues Outlays FedDeficit || DebtInc Fedrl Debt Debt Growth
2017 $3316.2B $3981.6B $665.4B || $666.2B $20,205.7 3.4%
2016 $3268.0B $3852.6B $584.7B || 1419.4B $19,539.5 7.8%
2015 $3249.9B $3688.4B $438.5B || $325.6B $18,120.1 1.8%
2014 $3021.5B $3506.1B $484.6B || 1075.1B $17,794.5 6.4%
2013 $2775.1B $3454.6B $679.5B || $668.5B $16,719.4 4.2%
2012 $2450.0B $3536.9B 1087.0B || 1286.7B $16,050.9 8.7%
2011 $2303.5B $3603.1B 1299.6B || 1235.4B $14,764.2 9.1%
2010 $2162.7B $3457.1B 1294.4B || 1652.9B $13,528.8 13.9%
2009 $2105.0B $3517.7B 1412.7B || 1889.8B $11,875.9 18.9%
2008 $2524.0B $2982.5B $458.6B || 1035.4B $09,986.1 11.6%
2007 $2568.0B $2728.7B $160.7B || $499.3B $08,950.7 5.6%
2006 $2406.9B $2655.1B $248.2B || $546.1B $08,451.4
2005 $2153.6B $2472.0B $318.3B || $550.6B $07,905.3
2004 $1880.1B $2292.8B $412.7B || $594.7B $07,354.7
2003 $1782.3B $2159.9B $377.6B || $561.6B $06,760.0
2002 $1853.6B $2010.9B $157.8B || $428.5B $06,198.4
2001 $1991.1B $1862.8B +128.2B || $141.2B $05,769.9 2.5%
2000 $2025.2B $1789.0B +236.2B || $023.2B $05,628.7
1999 $1827.5B $1701.8B +125.6B || $127.3B $05,605.5
1998 $1721.7B $1652.5B +069.3B || $109.0B $05,478.2
1997 $1579.2B $1601.1B $021.9B || $187.7B $05,369.2
1996 $1453.1B $1560.5B $107.4B || $260.9B $05,181.5
1995 $1351.8B $1515.7B $164.0B || $277.3B $04,920.6
Quote:

It looks fairly clear that the Spending Spree was kicked off with the Rock-The-Vote Democrap FY2008 Budget. And then it was a runaway with Obama.

Display stabilization row:
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Extrapolation would suggest Deficit around $1 Trillion for the Fiscal Year.
The indication is $977 Billion in Debt Growth in this FY.
Which would suggest Debt Growth around $1.22 Trillion for this FY.

That site also says Federal Revenue is $3.375 Trillion and spending is $4.154 Trillion, so I'm not sure where they're getting those numbers.

At the moment, the US Debt Clock site has these figures:
Debt $21.273 T
Fed Spending $4,170.6 B
Defi

JEWELSTAITEFAN

Friday, July 27, 2018 6:48 PM

New report today from BEA. This is for the Quarter ending with June.
Updating some figures.

This data does appear to be listed under Calendar Year Quarters as opposed to Fiscal Year Quarters elsewhere.
Yes, this is Table.1.1.5 (use the Modify button to adjust dates) at this link:
https://bea.gov/iTable/iTable.cfm?

Quote:
Originally posted by JEWELSTAITEFAN:
https://bea.gov/iTable/iTable.cfm
Guess I need to specify Table 1.1.5.

2018 Q1 is now listed as GDP 19,965.3

Next release date 30 May.

This GDP data is from BEA News Release Archives. Current-Dollar GDP.

I noticed a trend among the BEA data. The figures from BEA do not match other info. But they make monthly reports, each Quarter has an Advanced Estimate, then 2nd Estimate, then 3rd Estimate, before the final figure.

FY2015Q1, Cal YRQ4 17,710.7 17,701.3 17,703.7 17,703.7 --07.0
FY2015Q2, Cal YRQ1 17,710.0 17,665.0 17,693.3 17,649.3 --60.7 loss 54.4
FY2015Q3, Cal YRQ2 17,840.5 17,902.0 17,913.7 17,913.7 +73.2 gain 264.4
FY2015Q4, Cal YRQ3 18,034.8 18,064.7 18,060.2 18,060.2 +25.4 gain 146.5
FY2016Q1, Cal YRQ4 18,128.2 18,148.4 18,164.8 18,164.8 +36.6 gain 104.6
FY2016Q2, Cal YRQ1 18,221.1 18,229.5 18,230.1 18,281.6 +60.5 gain 116.8
FY2016Q3, Cal YRQ2 18,437.6 18,436.5 18,450.1 18,450.1 +12.5 gain 168.5
FY2016Q4, Cal YRQ3 18,651.2 18,657.9 18,675.3 18,675.3 +24.1 gain 225.2
FY2017Q1, Cal YRQ4 18,860.8 18,855.5 18,869.4 18,905.5 +44.7 gain 230.2
FY2017Q2, Cal YRQ1 19,007.3 19,027.6 19,027.1 19,057.7 +50.4 gain 152.2 +35.4

FY2017Q3, Cal YRQ2 19,226.7 19,246.7 19,250.0 19.250.0 +23.3 gain 192.3 +23.8
FY2017Q4, Cal YRQ3 19,495.5 19,509.0 19,500.6 19,500.6 +05.1 gain 250.6 +25.4
FY2018Q1, Cal YRQ4 19,738.9 19,736.5 19,754.1 19,754.1 +15.2 gain 253.5 +23.3
FY2018Q2, Cal YRQ1 19,965.3 19,956.8 19,960.1 (19963.3)-2.0 gain 209.2 +68
FY2018Q3, Cal YRQ2(20324.8) gain 361.5

Now placing equivalent figures in parentheses, following 27 July 2018 revisions.

Quote:

Display stabilization row:
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

FY2000 Q1 09926.1 Q2 10031.0 Q3 10278.3 Q4 10357.4 FY 10148.2
FY2001 Q1 10472.3 Q2 10508.1 Q3 10638.4 Q4 10639.5 FY 10564.6 4.2%
FY2002 Q1 10701.3 Q2 10834.4 Q3 10924.8 Q4 11037.1 FY 10876.9 3.0%
FY2003 Q1 11103.8 Q2 11230.1 Q3 11370.7 Q4 11625.1 FY 11332.4 4.2%
FY2004 Q1 11816.7 Q2 11988.4 Q3 12181.4 Q4 12367.7 FY 12088.6 6.7%
FY2005 Q1 12562.2 Q2 12813.7 Q3 12974.1 Q4 13205.4 FY 12888.9 6.6%
FY2006 Q1 13381.6 Q2 13648.9 Q3 13799.8 Q4 13908.5 FY 13684.7 6.2%
FY2007 Q1 14066.4 Q2 14233.2 Q3 14422.3 Q4 14569.7 FY 14322.9 4.7%
FY2008 Q1 14685.3 Q2 14668.4 Q3 14813.0 Q4 14843.0 FY 14752.4 3.0%
FY2009 Q1 14549.9 Q2 14383.9 Q3 14340.4 Q4 14384.1 FY 14414.6 -2.3
FY2010 Q1 14566.5 Q2 14681.1 Q3 14888.6 Q4 15057.7 FY 14798.5 2.7%
FY2011 Q1 15230.2 Q2 15238.4 Q3 15460.9 Q4 15587.1 FY 15379.1 3.9%
FY2012 Q1 15785.3 Q2 15973.9 Q3 16121.9 Q4 16227.9 FY 16027.2 3.6%
FY2013 Q1 16297.7 Q2 16475.4 Q3 16541.4 Q4 16749.3 FY 16515.9 3.0%
FY2014 Q1 16999.9 Q2 17031.3 Q3 17320.9 Q4 17622.3 FY 17243.6 4.4%
FY2015 Q1 17735.9 Q2 17874.7 Q3 18093.2 Q4 18227.7 FY 17982.9 4.3%
FY2016 Q1 18287.2 Q2 18325.2 Q3 18538.0 Q4 18729.1 FY 18469.9 2.7%
FY2017 Q1 18905.5 Q2 19057.7 Q3 19250.0 Q4 19500.6 FY 19178.4 3.8%
FY2018 Q1 19754.1 Q2 est3 19960.1 trending FY 20101 - 4.9%
FY2018 Q1 19754.1 Q2(19963.3)Q3(20324.8) (advanced est)

Calendar Year 2017 GDP was 19,391 according to CBO. $19,390.6 from above.

With new data from 27 July 2018:
FY2016 Q1 18354.4 Q2 18409.1 Q3 18640.7 Q4 18799.6 FY
FY2017 Q1 18979.2 Q2 19162.6 Q3 19359.1 Q4 19588.1 FY
FY2018 Q1 19831.8 Q2 20041.0 Q3 20402.5

This data meshes well. Taking the average of the 4 FY Quarters produces the FY figure listed by Treasury, except for FY 2017. This is because each quarter has the data multiplied by 4, to present as a full year's rate.

Something to note: Obama constantly projected that he would generate repeated

6IXSTRINGJACK

Friday, July 27, 2018 8:14 PM

That podcast listen goes for this thread as well.

Do Right, Be Right. :)

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