Trump's Budget
POSTED BY: JEWELSTAITEFAN
UPDATED: Monday, July 13, 2026 16:10
VIEWED: 32160
PAGE 23 of 32
Updated with new GDP data from 29 August, using the New Revised data from July 2019:
$201.0 B for 2019Q2 (est).
The 4th consecutive Quarter showing the prior 4 Quarters increased more than $1 Trillion GDP - which never before happened in a 4 Quarter span.
The last several reports have been persistently rounding off the figure totals by 3 or 4 digits, so that the figures I'm posting are based upon addition, stacked many times, and could be subject to correction.
Here I'll include a column showing how far behind the pace the Obamanomics years were.
Quote:
Originally posted by JEWELSTAITEFAN:
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?
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.
With new data from 27 July 2018:
Yr FY Qrtr1 FY Qrtr2 FY Qrtr3 FY Qrtr4 FiscalYr CalndrYr Paced FY
00 09890.4 10002.9 10247.7 10319.8 10107.4 10252.3
01 10439.0 10472.9 10597.8 10596.3 10526.5 10581.8 10659.7 --133
02 10660.3 10789.0 10893.2 10992.1 10833.6 10936.4 11212.0 --380
03 11071.5 11183.5 11312.9 11567.3 11283.8 11458.2 11764.3 --460
04 11769.3 11920.2 12109.0 12303.3 12025.4 12213.7 12316.5 --291
05 12522.4 12761.3 12910.0 13142.9 12834.1 13036.6 12868.8 --55
06 13332.3 13603.9 13749.8 13867.5 13638.4 13814.6 13421.1 +217
07 14037.2 14208.6 14382.4 14535.0 14290.8 14451.9 13973.3 +317
08 14681.5 14651.0 14805.6 14835.2 14743.3 14712.8 14525.6 +218
09 14559.5 14394.5 14352.9 14420.3 14431.9 14448.9 15077.9 --646
10 14628.0 14721.4 14926.1 15079.9 14838.8 14992.3 15630.2 --791
11 15240.8 15285.8 15496.2 15591.9 15403.7 15542.6 16182.5 --779
12 15796.5 16019.8 16152.3 16257.2 16056.4 16197.0 16735.8 --679
13 16358.9 16569.6 16637.9 16848.7 16603.8 16784.9 17288.1 --344
14 17083.1 17102.9 17425.8 17719.8 17392.7 17521.7 17840.3 --448
15 17838.5 17970.4 18221.3 18331.1 18090.3 18219.3 18392.6 --302
16 18354.4 18409.1 18640.7 18799.6 18551.0 18707.2 18944.8 --394
17 18979.2 19162.6 19359.1 19588.1 19272.3 19485.4 19497.1 --225
18 19831.8 20041.0 20411.9 20658.2 20210.7 20500.6 20049.4 +161
19 20865.1 21066.1 2134?.?
New altered data starting 26 July 2019:
12 15796.5 16019.8 16152.3 16257.2 16056.4 16197.0 16735.8 --679
13 16358.9 16569.6 16637.9 16848.7 16603.8 16784.9 17288.1 --344
14 17083.1 17104.6 17432.9 17721.7 17335.6 17527.3
15 17849.9 17984.2 18219.4 18344.7 18099.8 18224.8
16 18350.8 18424.3 18637.3 18806.7 18554.8 18715.1
17 18991.9 19190.4 19356.6 19611.7 19287.7 19519.4
18 19918.9 20163.2 20510.2 20749.8 20335.5 20580.3
19 20897.8 21098.8 21340.3
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 accomplishes this feat, in only his very first full year - even though Obama's overly optimistic predictions did not identify it would be possible this soon.
Peak Quarters of growth: (including all-time Top 10 prior to Trump)
347.0 FY2018 Q3
328.3 FY2014 Q3
307.2 FY2018 Q1
288.8 FY2014 Q4
271.6 FY2006 Q2
255.1 FY2017 Q4
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Quote:Libtards at CBO are so lazy now that they are not releasing their own reports during the day that they themselves scheduled the release. Yesterday's scheduled release was not available for the whole morning or afternoon, but was finally available after close of business sometime.
Originally posted by JEWELSTAITEFAN:
Updated with the most recent CBO Update. It was not available Friday after CoB, it was available Saturday evening, and it was dated Friday 7 June.
However, it seems the summary of the report is all that is available, the linky to the full document seems to be dead - so they are proven incompetent as well as lazy.
https://www.cbo.gov/publication/55699
Correction:
It seems only the mobile version of the linky is dead, but the online version has a valid linky, which links to here:
https://www.cbo.gov/system/files/2019-10/55699-CBO-MBR.pdf
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Updated with yesterday's CBO.
I think I will go forward with data from the Monthly Treasury Statement each month. It has already been shown that CBO distorts and Fakes their data, and the more accurate MTS is usually less than a week later.
I won't redo all the past years, but will look up the FY2019 data.
The projected Deficit numbers will continue to be from CBO, since I have not seen Treasury delve into that. I should check OMB.
https://fiscal.treasury.gov/reports-statements/mts/
https://www.fiscal.treasury.gov/files/reports-statements/mts/mts0819.p
df
CBO still has this new format to their report, which again tried to hide the numbers, since highly partisan Deep State CBO was too incompetent to report clearly.
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 Octo Nove Dece Janu Febr Marc Apri MayM 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
Projt -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
Projt -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 $225 $219 $343
Out18 $299 $344 $352 $311 $373 $420 $297 $361 $389 $301 $430 $227
SDEst -6$2 -134 -$26 +$51 -216 -207 +218 -144 -$75 -$75 -211 +116
Act18 -$63 -139 -$23 +$49 -215 -209 +214 -146 -$74 -$77 -214 +118
Rev18 $235 $445 $770 1131 1287 1499 2012 2224 2539 2766 2985 3328
Out18 $299 $643 $998 1306 1679 2097 2394 2754 3146 3448 3880 4110
SDEst -$62 -198 -228 -174 -392 -598 -382 -530 -607 -682 -894 -782
Act18 -$63 -202 -225 -176 -391 -600 -386 -532 -606 -683 -897 -779
Projt -873 -873 -873 -873 -873 -873 -804 -792 -793 -793 -793 -793
%Prj7 -911 -734 -713 -736 -741 -757 -747 -815 -776 -799 -885 -782
%Prj6 -271 -588 -609 -644 -648 -765 -640 -766 -890 -779 -845 -782
Port% 08.1 25.9 28.9 22.6 50.2 77.0 49.6 74.7 77.8 87.7 115% 100%
Rev19 $253 $205 $312 $340 $171
Out19 $353 $408 $324 $331 $398
SDEst -$98 -203 -012 +$09 -227
Act19 -100 -205 -013 +$09 -234
Rev19 $253 $458 $771 1111 1282
Out19 $353 $761 1088 1421 1819
SDEst -$98 -303 -317 -310 -537
Act19 -100 -305 -318 -310 -544
Projt -985 -985 -985 -897 -897 -897 -897 -897 -897 -897
%Pjt8 1
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Quote:October 7, 2019
Originally posted by JEWELSTAITEFAN:
https://www.cbo.gov/publication/55699
Correction:
It seems only the mobile version of the linky is dead, but the online version has a valid linky, which links to here:
https://www.cbo.gov/system/files/2019-10/55699-CBO-MBR.pdf
Monthly Budget Review for September 2019
The federal budget deficit was $984 billion in fiscal year 2019, the Congressional Budget Office estimates. CBO's estimate is based on data from the Daily Treasury Statements issued by the Department of the Treasury; the department will report the actual deficit for fiscal year 2019 later this month.
Relative to the size of the economy, the deficit — at an estimated 4.7 percent of gross domestic product (GDP) — was the highest since 2012, and 2019 was the fourth consecutive year in which the deficit increased as a percentage of GDP.
The estimated deficit is $205 billion more than the shortfall recorded in fiscal year 2018. However, that year’s outlays were affected by a shift in the timing of certain payments. Because October 1, 2017, fell on a weekend, $44 billion in outlays was shifted to September of fiscal year 2017. If not for that, the 2019 deficit would have been $162 billion larger than the 2018 amount, rather than $205 billion larger. Excluding that effect, revenues were 4 percent higher and outlays were 7 percent higher in 2019 than they were in 2018, CBO estimates.
The deficit of $984 billion is about $24 billion larger than the shortfall that CBO projected in its August 2019 report, "An Update to the Budget and Economic Outlook: 2019 to 2029" www.cbo.gov/publication/55551 . Revenues exceeded the projection by $11 billion but outlays exceeded the projection by $35 billion, according to CBO’s estimates.
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly
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Quote:Donald Trump Promised to Eliminate the Deficit in 8 Years. So Far, He Has Increased it by 68%
Originally posted by JEWELSTAITEFAN:
Net interest on the Public Debt went from $86 Billion in December 2017 to $102 Billion in December 2018. Thanks, Obama - and Obama toadie Powell. An Increase of $16 Billion per month will make an annual Surplus even harder to achieve.
During the 2016 campaign, President Donald Trump made an aggressive promise on federal finances: He would eliminate the budget deficit within eight years. Now, three years into his presidency, the deficit is 68 percent higher than when he started.
More at www.newsweek.com/trump-deficit-debt-cbo-data-obama-1463802
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly
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The Monthly Treasury Statement is normally released on the 8th business day of each month, which was 10 October. Now it is 2 days later, and still no release. Not sure why.
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Quote:
Originally posted by JEWELSTAITEFAN:
The Monthly Treasury Statement is normally released on the 8th business day of each month, which was 10 October. Now it is 2 days later, and still no release. Not sure why.
This page continues to state that the MTS is released on the 8th Business Day of each month.
https://www.fiscal.treasury.gov/reports-statements/mts/
Which was 10 October. 7 days ago.
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Federal Deficit Rises to 4.6% of GDP
The news is full today with scary stories about the federal deficit approaching a trillion dollars this year. And that’s true. But as you know, money comparisons should always be presented with inflation accounted for. In this case, that means calculating the deficit as a percentage of GDP.
4.6% of GDP
Last year deficit-to-GDP-ratio was 3.8%.
Now, it’s true that Donald Trump said it would be a piece of cake to get rid of the deficit and he hasn’t done it. It’s also true that you don’t really want to see the deficit getting bigger during an economic expansion. So this is not a great result.
www.reuters.com/article/us-usa-economy-budget/u-s-governments-annual-b
udget-deficit-largest-since-2012-idUSKBN1X426T
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly
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The MTS for September was finally released the last couple days.
Updated with the MTS.
I think I will go forward with data from the Monthly Treasury Statement each month. It has already been shown that CBO distorts and Fakes their data, and the more accurate MTS is usually less than a week later.
I won't redo all the past years, but will look up the FY2019 data.
The projected Deficit numbers will continue to be from CBO, since I have not seen Treasury delve into that. I should check OMB.
https://fiscal.treasury.gov/reports-statements/mts/
https://www.fiscal.treasury.gov/files/reports-statements/mts/mts0819.p
df
CBO still has this new format to their report, which again tried to hide the numbers, since highly partisan Deep State CBO was too incompetent to report clearly.
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 Octo Nove Dece Janu Febr Marc Apri MayM 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
Projt -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
Projt -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 $225 $219 $343
Out18 $299 $344 $352 $311 $373 $420 $297 $361 $389 $301 $430 $227
SDEst -6$2 -134 -$26 +$51 -216 -207 +218 -144 -$75 -$75 -211 +116
Act18 -$63 -139 -$23 +$49 -215 -209 +214 -146 -$74 -$77 -214 +118
Rev18 $235 $445 $770 1131 1287 1499 2012 2224 2539 2766 2985 3328
Out18 $299 $643 $998 1306 1679 2097 2394 2754 3146 3448 3880 4110
SDEst -$62 -198 -228 -174 -392 -598 -382 -530 -607 -682 -894 -782
Act18 -$63 -202 -225 -176 -391 -600 -386 -532 -606 -683 -897 -779
Projt -873 -873 -873 -873 -873 -873 -804 -792 -793 -793 -793 -793
%Prj7 -911 -734 -713 -736 -741 -757 -747 -815 -776 -799 -885 -782
%Prj6 -271 -588 -609 -644 -648 -765 -640 -766 -890 -779 -845 -782
Port% 08.1 25.9 28.9 22.6 50.2 77.0 49.6 74.7 77.8 87.7 115% 100%
Rev19 $253 $205 $312 $340 $171
Out19 $353 $408 $324 $331 $398
SDEst -$98 -203 -012 +$09 -227
Act19 -100 -205 -013 +$09 -234
Rev19 $253 $458 $771 1111 1282
Out19 $353 $761 1088 1421 1819
SDEst -$98 -303 -317 -310 -537
Act19 -100 -305 -318 -310 -544
Projt -985
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Updated with 30 Oct report data.
Updated with new GDP data from 29 August, using the New Revised data from July 2019:
$201.0 B for 2019Q2 (est).
The 4th consecutive Quarter showing the prior 4 Quarters increased more than $1 Trillion GDP - which never before happened in a 4 Quarter span.
The last several reports have been persistently rounding off the figure totals by 3 or 4 digits, so that the figures I'm posting are based upon addition, stacked many times, and could be subject to correction.
Here I'll include a column showing how far behind the pace the Obamanomics years were.
Quote:
Originally posted by JEWELSTAITEFAN:
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?
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.
With new data from 27 July 2018:
Yr FY Qrtr1 FY Qrtr2 FY Qrtr3 FY Qrtr4 FiscalYr CalndrYr Paced FY
00 09890.4 10002.9 10247.7 10319.8 10107.4 10252.3
01 10439.0 10472.9 10597.8 10596.3 10526.5 10581.8 10659.7 --133
02 10660.3 10789.0 10893.2 10992.1 10833.6 10936.4 11212.0 --380
03 11071.5 11183.5 11312.9 11567.3 11283.8 11458.2 11764.3 --460
04 11769.3 11920.2 12109.0 12303.3 12025.4 12213.7 12316.5 --291
05 12522.4 12761.3 12910.0 13142.9 12834.1 13036.6 12868.8 --55
06 13332.3 13603.9 13749.8 13867.5 13638.4 13814.6 13421.1 +217
07 14037.2 14208.6 14382.4 14535.0 14290.8 14451.9 13973.3 +317
08 14681.5 14651.0 14805.6 14835.2 14743.3 14712.8 14525.6 +218
09 14559.5 14394.5 14352.9 14420.3 14431.9 14448.9 15077.9 --646
10 14628.0 14721.4 14926.1 15079.9 14838.8 14992.3 15630.2 --791
11 15240.8 15285.8 15496.2 15591.9 15403.7 15542.6 16182.5 --779
12 15796.5 16019.8 16152.3 16257.2 16056.4 16197.0 16735.8 --679
13 16358.9 16569.6 16637.9 16848.7 16603.8 16784.9 17288.1 --344
14 17083.1 17102.9 17425.8 17719.8 17392.7 17521.7 17840.3 --448
15 17838.5 17970.4 18221.3 18331.1 18090.3 18219.3 18392.6 --302
16 18354.4 18409.1 18640.7 18799.6 18551.0 18707.2 18944.8 --394
17 18979.2 19162.6 19359.1 19588.1 19272.3 19485.4 19497.1 --225
18 19831.8 20041.0 20411.9 20658.2 20210.7 20500.6 20049.4 +161
19 20865.1 21066.1 2134?.?
New altered data starting 26 July 2019:
12 15796.5 16019.8 16152.3 16257.2 16056.4 16197.0 16735.8 --679
13 16358.9 16569.6 16637.9 16848.7 16603.8 16784.9 17288.1 --344
14 17083.1 17104.6 17432.9 17721.7 17335.6 17527.3
15 17849.9 17984.2 18219.4 18344.7 18099.8 18224.8
16 18350.8 18424.3 18637.3 18806.7 18554.8 18715.1
17 18991.9 19190.4 19356.6 19611.7 19287.7 19519.4
18 19918.9 20163.2 20510.2 20749.8 20335.5 20580.3
19 20897.8 21098.8 21340.2 21525.8
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 accomplishes this feat, in only his very first full year - even though Obama's overly optimistic predictions did not identify it would be possible this soon.
Peak Quarters of growth: (including all-time Top 10 prior to Trump)
347.0 FY2018 Q3
328.3 FY2014 Q3
307.2 FY2018 Q1
288.8 FY2014 Q4
271.6 FY2006 Q2
255.1 FY20
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