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The Fiscal Year 2020 U.S. budget deficit is expected to be $1.1 trillion.
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0 |9 ~/ Z, x! `. \2020财年美国预算赤字预计为1.1万亿美元
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The first column represents the fiscal year, followed by the deficit that year in billions. Next is the debt increase by fiscal year, followed by the deficit/GDP. Finally, the events affecting the deficit are cited.4 U' T# w* d% I( |) m
第一列表示会计年度，其次是该年度的赤字（十亿）。其次是财政年度的债务增加，其次是赤字/ GDP。最后，列举了影响赤字的事件
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Fiscal Year Deficit (in billions) Debt Deficit/GDP Events
- o9 R: A' F- k) X8 X" h1929 ($1) ($1) (0.7%) Market crash: _- J; s4 V* s1 B) n
1930 ($1) ($1) (0.8%) Smoot-Hawley0 D2 ]) G$ Z4 R
1931 $0 $1 0.6% Dust Bowl
$ o$ v6 @/ \, R# J# r H4 u1932 $3 $3 4.5% Hoover tax hike
* [& p' R9 V, H; i) l# F1933 $3 $3 4.5% FDR New Deal& t5 i p2 T9 {$ R4 m
1934 $4 $5 5.4% GDP up 10.8%, debt also rose' g% O* R- z. g( q
1935 $3 $2 3.8% Social Security% l: K! p3 e+ ?. b
1936 $4 $5 5.1% Tax hikes) A+ x4 ~& B* Y" S `6 A" j
1937 $2 $3 2.4% Depression returned, third New Deal! _) u5 `: d9 h0 N! y8 U
1938 $0 $1 0.1% Dust Bowl ended
( d( p. r8 Z" l0 [" K# A1939 $3 $3 3.0% Depression ended
! {" l, I8 H: o$ [: _9 x/ r1940 $3 $3 2.8% Defense increased3 h' o, H# e5 t1 L( L& d( o
1941 $5 $6 3.8% Pearl Harbor
8 y5 ~; A+ j( d* G: P) F1942 $21 $23 12.3% Battle of Midway
9 t/ P6 r* D( q; R1943 $55 $64 26.9% Defense tripled" l3 r1 \) x% E% ]( N
1944 $48 $64 21.2% Bretton Woods- C; `# a" p% c5 C& X1 K: i L: V
1945 $48 $58 20.0% WWII ended( p. D, V% B* J, G" u) E
1946 $16 $11 7.0% Recession
x5 h6 x) z3 r0 z8 V2 [* d5 f! j1947 ($4) ($11) (1.6%) Cold War2 g7 s- k" s! @/ u* M# P* i
1948 ($12) ($6) (4.2%) Recession
( f% h3 x3 U, A: E1949 ($1) $0 (0.2%) Recession5 t2 g$ d& U# d
1950 $3 $5 1.0% Korean War! H; n. _& ]- z9 J& A0 C
1951 ($6) ($2) (1.7%) Expansion9 G: a# [4 v/ f2 H$ h
1952 $2 $4 0.4% Expansion
3 v9 L: `* J$ ^ i) g0 ], u( n1953 $6 $7 1.7% Korean War ended, recession( W% Z( J5 O% b6 F" e
1954 $1 $5 0.3% Recession, Eisenhower budgets& [; Y) k9 u% N& m( J- J
1955 $3 $3 0.7% Expansion
/ {. v: m1 v! i+ o1956 ($4) ($2) (0.9%) Expansion* z: W2 y* j* j" {( ]
1957 ($3) ($2) (0.7%) Recession2 r$ v$ `$ p. y! ?- K
1958 $3 $6 0.6% Recession ended7 }0 J e g8 `. K3 n. ?8 y
1959 $13 $8 2.4% Fed raised rates# Y: t9 u; z; n
1960 $0 $2 (0.1%) Recession
1 B. H) n" o/ e: o- Q; J* z! W ^1961 $3 $3 0.6% JFK & Bay of Pigs, P6 o6 y, j2 a3 P' ]% [; G
1962 $7 $10 1.2% Cuban Missile Crisis! T9 ], J' h# U+ L) d" O/ @
1963 $5 $7 0.7% U.S. aids Vietnam, JFK killed1 J M+ Z4 J" f) u$ j
1964 $6 $6 0.9% LBJ War on Poverty9 E. V* C7 V0 v3 C! y
1965 $1 $6 0.2% Medicare, Medicaid, Vietnam War
" O: y0 a/ W" L2 |' T1966 $4 $3 0.5%
# N2 p) a9 `+ m; I1967 $9 $6 1.0% Expansion8 R. D/ w7 w" g0 }, P
1968 $25 $21 2.6% Moon landing
- i4 Y4 m8 J! D+ T) F8 f3 J1969 ($3) $6 (0.3%) Nixon took office& R% S( B, f3 m, t$ n( d( Y
1970 $3 $17 0.3% Recession: C$ ?1 S9 A+ C7 T( H9 Q
1971 $23 $27 2.0% Wage-price controls2 E' ?9 C2 x0 c6 c# ]
1972 $23 $29 1.8% Stagflation
4 R. o) [% W$ P4 {1973 $15 $31 1.0% End of gold standard% o8 Y7 B/ n8 P; h/ g1 P2 z
1974 $6 $17 0.4% Budget process created, Watergate
5 }4 t1 r) o9 G# d8 ?* [' t1975 $53 $58 3.1% Ford budget, Vietnam War ended2 g% `$ f7 t7 J4 ]* p" l+ o
1976 $74 $87 3.9% Stagflation2 l7 O" z4 D, w% x
1977 $54 $78 2.5% Stagflation5 Q& T; q# w$ k* B
1978 $59 $73 2.5% Carter budget, Recession
% J8 s5 q1 ]$ M0 N! D- P k1979 $41 $55 1.5% Recession
; C) j/ Y$ f- b2 y. [3 [% R: S1980 $74 $81 2.6% Volcker raised rates to 20%
* v* V. _( Q! r) a+ y3 ]1981 $79 $90 2.4% Reagan tax cut. C% J0 z/ U2 Y
1982 $128 $144 3.8% Reagan increased spending
+ L8 O, @& U* w# w- h1983 $208 $235 5.6% Jobless rate was 10.8%, g, I4 w" |% L. m+ ^7 w: w, A& G
1984 $185 $195 4.5% Increased defense spending+ J+ w$ V' k6 P& B8 U
1985 $212 $256 4.8% Increased defense spending' ^- U0 p, V5 n, F5 c' I/ E- L3 m
1986 $221 $297 4.8% Tax cut
5 b) {$ ^* U2 z; Z) y, D. q6 y1987 $150 $225 3.1% Market crash
( O6 S# [9 @3 g5 p( O1988 $155 $252 2.9% Fed raised rates
9 P+ c' J L% l5 |8 c, g m4 x1989 $153 $255 2.7% S&L Crisis, Bush 41 budget
, v6 }+ U" e( C: W1990 $221 $376 3.7% Desert Storm& z9 e6 F0 A7 _% b
1991 $269 $432 4.3% Recession% D' W3 {( X( Q! M5 \$ A3 u- o
1992 $290 $399 4.4% Expansion
3 W7 n' N# e) p" a7 i9 k1993 $255 $347 3.7% Clinton signed Budget Act
) M+ x+ q9 C) C3 Z1994 $203 $281 2.8% Clinton budget
8 s( `; t7 w G% M* }1995 $164 $281 2.1% Expansion& p" K, G4 W: y$ q. K7 k
1996 $107 $251 1.3% Welfare reform
* K$ _1 H8 G( Z0 {1997 $22 $188 0.3% Expansion
& w- [# s4 q, l/ a, |1998 ($69) $113 (0.8%) LTCM crisis, recession% T: V$ |1 C5 ^9 h7 G7 V
1999 ($126) $130 (1.3%) Glass-Steagall repealed
1 Z2 t2 Y8 i% Z3 A2000 ($236) $18 (2.3%) Surplus
; C( C8 j% B) X; B1 w2001 ($128) $133 (1.2%) 9/11 attacks, EGTRRA
. A4 R% D; s! ^2002 $158 $421 1.4% War on Terror* H4 z3 x& k$ N( U$ y
2003 $378 $555 3.3% JGTRRA# x7 H8 V: r4 `9 r' [
2004 $413 $596 3.4% Iraq War" p1 B- V9 }9 b& K+ a
2005 $318 $554 2.4% Katrina, Bankruptcy Act1 B5 L6 G! y! i/ q/ x
2006 $248 $578 1.8% Bernanke chairs Fed
7 a3 K$ b1 h6 O6 J$ N2007 $161 $501 1.1% Bank crisis4 k6 L2 _2 ], O$ n9 o
2008 $459 $1,017 3.1% Bank bailout, QE
J$ Q9 G' X) v; v0 I2009 $1,413 $1,632 9.8% Stimulus Act. Bank bailout cost $250B, ARRA added $241.9B
% G4 I! _: r; i: R: {2 r$ c/ ?2010 $1,294 $1,905 8.6% Obama tax cuts, ACA, Simpson-Bowles$ ~$ b* g7 E. l1 Z* c. S+ c: X" t
2011 $1,300 $1,229 8.3% Debt crisis, recession and tax cuts reduced revenue' S+ o8 B* w% `" F3 ?1 E" H
2012 $1,087 $1,276 6.7% Fiscal cliff
+ D$ N" g5 \5 v2 R2013 $679 $672 4.0% Sequester, government shutdown
: P. \+ U! N$ G2 k2 N2 n( L: w3 M* A+ K/ a2014 $485 $1,086 2.7% Debt ceiling& k, t @4 W4 o) w3 v- {. H
2015 $438 $327 2.4% Defense = $736.4B, I0 |! Y# U3 p5 B9 i# g
2016 $585 $1,423 3.1% Defense = $767.6B
3 Y& t; R1 ?4 ?$ A- _2 Q5 Z2017 $665 $672 3.4% Defense = $817.9B9 } a2 d9 e0 }2 V$ y8 T# c
2018 $779 $1,217 4.0% Defense = $890.8B. Trump tax cuts$ l6 B* ^: b8 g2 l
2019 $1,091 $1,314 NA Defense = $956.5B! p {; y& I/ w
2020 $1,101 $1,281 NA Defense = $989B
" T; b: `. T5 M) j" W" {2021 $1,068 $1,276 NA NA. O; o1 |' C x: `
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发表于 2019-12-16 11:19
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