[OC] The US Budget Deficit

Posted by jcceagle

4 comments
  1. I got the data for this from the FRED aka the Reserve Bank of St. Louise. The chart was create using d3 Javascript.

  2. I like the representation but I think it’d be more informative if every year was plotted on the x-axis (just seems very dense to me as is).

    Obviously I don’t know what data you have access to but it would also be cool to show the line colored based on the administration in office (not just presidency but other colors to denote split house/senate/presidency) and things like that.

  3. -6.2 of total GDP/deficit spending is a tremendous negative number.

    CBO projects a federal budget deficit of $1.6 trillion for 2024. $1.6T! In the agency’s projections, deficits generally increase over the coming years; the shortfall in 2034 is $2.6 trillion. The deficit amounts to 5.6 percent of gross domestic product (GDP) in 2024, swells to 6.1 percent of GDP in 2025, and then declines in the two years that follow. After 2027, deficits increase again, reaching 6.1 percent of GDP in 2034.

Leave a Reply