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The size of federal budget deficits in any given year can be determined by exploring the relationship between government revenues and spending, reports the National Priorities Project. Deficits, which refer to a situatio... More »

Some interesting federal budget deficit statistics include that the Congressional Budget Office estimates that the federal budget deficit for 2015 is $426 billion and that the deficit as a percentage of gross domestic pr... More »

The federal budget is proposed by the President of the United States, but all bills associated with the budget must originate in the House of Representatives and be approved by the U. S. Senate. In essence, each budget i... More »

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Federal budget deficit graphs and tables can be used to compare federal budget deficits from year to year and to show to whom the federal government owes money. They can also show which parties were in control of the exe... More »

Some interesting federal budget deficit statistics include that the Congressional Budget Office estimates that the federal budget deficit for 2015 is $426 billion and that the deficit as a percentage of gross domestic pr... More »

The national debt is calculated by subtracting the nation's cumulative budget surpluses from the cumulative budget deficits. The national debt was first reported in 1783. More »

The components of Gross Domestic Product (GDP) are personal consumption expenditures, business investment, government spending and net exports of goods and services. GDP describes what a country's economy produces. More »