Comparison of data from the U.S. Budget for Fiscal Years 2017 and 2018

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Comparison of data from the U.S. Budget for Fiscal Years 2017 and 2018

Public and Gross Federal Debt: 1940-2021

Public and Gross Federal Debt: 1940-2022

Unified, Public, and Gross Budget Deficit: 1970-2021

Unified, Public, and Gross Budget Deficit: 1970-2022

Federal Debt: Data Interactive Graph
Selected Surpluses or Deficits(-): Data Interactive Graph
The parameters for the interactive graphs can be modified after checking "Ignore URL Parameters".

Federal Receipts: Data
Interactive Graphs: Receipts and Outlays as Percent of GDP , Receipts and Outlays in Real Dollars , Receipts by Source as Percent of GDP , and Receipts by Source in Real Dollars
The parameters for the interactive graphs can be modified after checking "Ignore URL Parameters".

Federal Outlays: Data
Interactive Graphs: Top Outlays, 1940-2022, Top Outlays, 1970-2022, Next Outlays, 1940-2022, Next Outlays, 1970-2022, Other Outlays, 1940-2022, and Other Outlays, 1970-2022
The parameters for the interactive graphs can be modified after checking "Ignore URL Parameters".

Growth from 10 Years Earlier: Data Interactive Graph
Growth from 8 Years Earlier: Data Interactive Graph
The parameters for the interactive graphs can be modified after checking "Ignore URL Parameters".

Source: Budget of the United States Government, FY 2018: Historical Tables, tables 1.1, 2.1, 3.1, 7.1, 10.1, and 13.1

Quick observations from the above 14 pairs of graphs

Pair Topic Observation

1 Debt Trump projects that the debt will decrease faster than Obama.

2 Deficit Trump projects that the deficit will decrease faster than Obama.

3 Receipts Trump projects that outlays will decrease and receipts will stabilize as a percent of GDP. Obama had projected that both would increase.

4 Receipts Trump projects that receipts and outlays will increase in real dollars but at a slower rate than Obama.

5‑6 Receipts Trump projects that corporate tax receipts will stabilize and other tax receipts will drop (likely due to repealing the estate tax) as a percent of GDP. Obama had projected that corporate tax receipts would rise and that other tax receipts would stabilize.

7‑8 Outlays Trump projects that outlays for Health (which is chiefly Medicaid) will decline from nearly 3 percent of GDP to about 2 percent of GDP whereas Obama had projected that it would rise to slightly above 3 percent of GDP. Also, Trump projects a short-term bump for Defense, a sharper decrease for Income Security, and a slower rise in Net Interest than Obama projected.

9‑10 Outlays Trump projects sharply lower outlays for Education, Transportation, International, General Government, and Agriculture. Obama had projected increases in Education and Transportation and fairly steady outlays in the other areas.

11‑12 Outlays Trump projects decreases in outlays for Admin of Justice, Natural Resources, Science, and Community and projects that Energy outlays will drop to nearly zero (similar to 2000 to 2008 under Bush). Obama had projected smaller decreases. Also, Trump projects a sharp decrease in Allowances whereas Obama had projected an increase.

13‑14 Growth Trump projects slower growth in total Receipts and Outlays but somewhat faster growth in Social Insurance receipts and GDP.

Graphs based on data from the U.S. Budget, FY 2017: 1940-2021
Graphs based on data from the U.S. Budget, FY 2018: 1940-2022
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Pair	Topic	Observation
1	Debt	Trump projects that the debt will decrease faster than Obama.
2	Deficit	Trump projects that the deficit will decrease faster than Obama.
3	Receipts	Trump projects that outlays will decrease and receipts will stabilize as a percent of GDP. Obama had projected that both would increase.
4	Receipts	Trump projects that receipts and outlays will increase in real dollars but at a slower rate than Obama.
5‑6	Receipts	Trump projects that corporate tax receipts will stabilize and other tax receipts will drop (likely due to repealing the estate tax) as a percent of GDP. Obama had projected that corporate tax receipts would rise and that other tax receipts would stabilize.
7‑8	Outlays	Trump projects that outlays for Health (which is chiefly Medicaid) will decline from nearly 3 percent of GDP to about 2 percent of GDP whereas Obama had projected that it would rise to slightly above 3 percent of GDP. Also, Trump projects a short-term bump for Defense, a sharper decrease for Income Security, and a slower rise in Net Interest than Obama projected.
9‑10	Outlays	Trump projects sharply lower outlays for Education, Transportation, International, General Government, and Agriculture. Obama had projected increases in Education and Transportation and fairly steady outlays in the other areas.
11‑12	Outlays	Trump projects decreases in outlays for Admin of Justice, Natural Resources, Science, and Community and projects that Energy outlays will drop to nearly zero (similar to 2000 to 2008 under Bush). Obama had projected smaller decreases. Also, Trump projects a sharp decrease in Allowances whereas Obama had projected an increase.
13‑14	Growth	Trump projects slower growth in total Receipts and Outlays but somewhat faster growth in Social Insurance receipts and GDP.