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Choosing the Nation’s Fiscal Future
TABLE F-2 Projected Revenues, Outlays, Deficits, and Debt in the Study Baseline, as Percentages of GDP
Selected Years
Revenues
Outlays
M and Ma
Soc Secb
Def and Domc
Interest
Deficit
Debt
Total
Defense
Dom Discd
Dom Mande
2008f
17.7
21.0
4.1
4.3
10.8
4.3
3.7
2.8
1.8
3.2
40.8
2009
15.5
27.6
4.8
4.8
16.8
4.8
4.1
7.9
1.2
12.1
55.0
2010
16.0
24.5
5.1
4.8
13.5
5.1
4.4
3.9
1.2
8.5
60.9
2011
17.1
23.7
5.1
4.8
12.4
5.0
4.1
3.2
1.4
6.6
64.8
2012
17.9
22.2
4.9
4.7
10.8
4.5
3.7
2.5
1.7
4.3
66.5
2013
18.1
22.2
5.1
4.7
10.2
4.1
3.5
2.5
2.1
4.0
67.6
2014
18.1
22.2
5.3
4.8
9.6
3.9
3.4
2.3
2.5
4.1
69.0
2015
18.3
22.3
5.4
4.8
9.3
3.7
3.3
2.2
2.8
4.0
70.4
2016
18.3
22.6
5.6
4.9
9.1
3.7
3.3
2.2
3.0
4.3
72.1
2017
18.3
22.7
5.7
5.0
8.9
3.6
3.2
2.1
3.1
4.3
73.8
2018
18.3
22.8
5.7
5.1
8.7
3.5
3.1
2.0
3.4
4.5
73.8
2019
18.3
23.4
6.1
5.2
8.6
3.4
3.0
2.1
3.6
5.1
76.1
2020
18.3
23.8
6.4
5.3
8.5
3.4
3.0
2.1
3.6
5.5
78.8
2021
18.4
24.1
6.6
5.4
8.5
3.4
3.0
2.1
3.7
5.7
81.7
2022
18.4
24.5
6.8
5.4
8.6
3.4
3.0
2.1
3.7
6.0
84.7
2023
18.4
24.8
7.0
5.5
8.5
3.4
3.0
2.1
3.8
6.4
87.8
2024
18.5
25.1
7.2
5.5
8.5
3.4
3.0
2.1
3.9
6.6
91.3
2025
18.5
25.6
7.4
5.6
8.6
3.4
3.0
2.1
3.9
7.1
95.0
2030
18.7
28.1
8.7
6.0
8.5
3.4
3.0
2.1
4.8
9.4
117.6
2035
18.9
30.4
9.9
6.0
8.5
3.4
3.0
2.1
6.0
11.5
146.5
2040
19.1
32.8
10.9
5.9
8.5
3.4
3.0
2.1
7.4
13.7
180.2
2045
19.3
35.1
11.8
5.8
8.4
3.4
3.0
2.1
9.1
15.8
218.2
2050
19.6
37.5
12.6
5.7
8.4
3.4
3.0
2.1
10.8
17.9
259.2
2055
19.9
40.2
13.4
5.8
8.4
3.3
3.0
2.1
12.7
20.4
303.8
2060
20.3
43.1
14.2
5.8
8.4
3.4
3.0
2.1
14.7
22.9
351.7
2065
20.6
46.3
15.1
5.9
8.4
3.3
3.0
2.1
17.0
25.7
403.4
2070
20.9
49.7
16.0
6.0
8.4
3.3
3.0
2.1
19.4
28.8
460.4
2075
21.2
53.4
17.0
6.1
8.4
3.3
3.0
2.1
21.9
32.2
521.5
2080
21.6
57.4
17.9
6.2
8.4
3.4
3.0
2.1
24.9
35.9
590.5
2083
21.8
59.7
18.4
6.2
8.4
3.4
3.0
2.1
26.7
38.0
633.8
a Medicare and Medicaid.
b Social Security.
c Defense and domestic.
d Domestic discretionary.
e Domestic mandatory.
f Actual spending.