|
Year
|
Federal Receipts
Percentage of GDP
|
Federal Outlays
Percentage of GDP
|
Median Household
Income
(inflation-adjusted
dollars)
|
|
2000
|
20.9
|
18.4
|
$54,481
|
|
2001*
|
20.4
|
19.1
|
$53,646
|
|
2002*
|
17.5
|
19.0
|
$53,019
|
|
2003
|
16.4
|
19.9
|
$52,973
|
|
2004
|
16.3
|
19.8
|
$52,788
|
|
2005
|
17.6
|
20.2
|
$53,371
|
|
2006
|
18.5
|
20.4
|
$53,768
|
|
2007
|
18.8
|
20.0
|
$54,489
|
|
2008
|
17.7
|
20.9
|
$52,546
|
|
2009
|
14.9
|
25.0
|
$52,195
|
|
2010
|
15.1
|
24.1
|
$50,831
|
|
2011
|
15.4
|
24.1
|
$50,054
|
|
2012
|
15.8
|
22.8
|
|
Median Household Income : US Census Department.
(Income in 2011 CPI-U-RS adjusted dollars).
Federal Receipts and Expenditures as percentage of GDP:
Congressional Budget Office Monthly Budget Review documents at http://www.cbo.gov/topics/
[*] The CBO Monthly Budget Review documents for 2001, 2002 that
I looked at do not compute the receipts and outlays as a fraction of GDP.
These numbers are given, from which I compute the numbers in
my table
Actual 2001 receipts: $1,991B
Actual 2001 outlays: $1,864B
Surplus: 1.3% of GDP
Actual 2002 receipts: $1,853B
Actual 2002 outlays: $2,012B
Deficit: -1.5% of GDP
