President's Proposed 2016 Budget: Federal Spending and Revenue as Share of U.S. Economy (GDP)
Feb. 9, 2015
This chart shows federal spending and tax revenue as a share of the overall U.S. economy (measured by Gross Domestic Product, or GDP) dating back to 1930. In fiscal year 2016, the president’s budget proposes federal spending levels totaling 21.3 percent of the U.S. economy and revenues as 18.7 percent.
