wm006 24

I-1 APPENDIX I-BUDGET TABLES TABLE I-1--THE TEN-YEAR BUDGET OUTLOOK, BY FISCAL YEAR 2002-2013 Budget Category Revenues....................................................... Outlays: Discretionary ........................................... Mandatory: Social Security.................................... Medicare............................................. Medicaid............................................. Federal civilian and military retirement Other ................................................... Subtotal Offsetting receipts ................................... Net interest .............................................. Total................................................ Deficit ........................................................... Debt held by public ...................................... GDP .............................................................. Revenues....................................................... Outlays: Discretionary ........................................... Mandatory: Social Security................................. 4.4 4.4 4.4 4.3 4.3 4.3 4.3 4.3 4.3 4.4 4.4 4.5 7.1 7.5 7.4 7.2 6.9 6.7 6.5 6.4 6.2 6.1 5.9 5.8 452 254 148 96 247 -91 171 -158 473 273 158 100 276 -103 155 -246 494 287 169 104 273 -105 164 -200 514 306 182 108 282 -116 197 -123 539 319 197 113 285 -121 217 -57 567 343 215 117 283 -122 224 -9 598 366 234 122 293 -129 226 27 633 393 255 127 301 -133 225 61 670 421 278 132 310 -140 222 96 711 455 303 137 325 -148 215 231 756 482 330 142 308 -156 201 405 805 524 360 148 322 734 805 837 854 868 886 911 936 961 991 1,011 1,043 2002 2003 2004 2005 2006 2007 2008 2009 In Billions of Dollars 2010 2011 2012 2013 1,853 1,891 2,024 2,205 2,360 2,504 2,647 2,798 2,949 3,220 3,479 3,674 I-2 1,196 1,281 1,328 1,393 1,453 1,525 1,613 1,708 1,810 1,931 2,018 2,159 -166 179 459 2,011 2,137 2,224 2,328 2,417 2,513 2,621 2,736 2,853 2,989 3,074 3,215 3,540 3,816 4,013 4,142 4,212 4,233 4,217 4,165 4,077 3,854 3,456 3,003 10,337 10,756 11,309 11,934 12,582 13,263 13,972 14,712 15,480 16,250 17,013 17,851 As a Percentage of Gross Domestic Product (GDP) 17.9 17.6 17.9 18.5 18.8 18.9 18.9 19.0 19.0 19.8 20.5 20.6 Medicare.......................................... Medicaid.......................................... Federal civilian and military retirement Other Subtotal............................................ Offsetting receipts ................................... Net interest .............................................. Total................................................. Deficit ...................................................... Debt held by public ................................. Source: Congressional Budget Office. 2.5 1.4 0.9 11.6 -0.9 1.7 19.5 -1.5 34.3 2.5 1.5 0.9 11.9 -1.0 1.4 19.9 -2.3 35.5 2.5 1.5 0.9 11.7 -0.9 1.4 19.7 -1.8 35.5 2.6 1.5 0.9 11.7 -1.0 1.6 19.5 -1.0 34.7 2.5 1.6 0.9 11.6 -1.0 1.7 19.2 -0.5 33.5 2.6 1.6 0.9 11.5 -0.9 1.7 18.9 -0.1 31.9 2.6 1.7 0.9 11.5 -0.9 1.6 18.8 0.2 30.2 2.7 1.7 0.9 11.6 -0.9 1.5 18.6 0.4 28.3 2.7 1.8 0.9 11.7 -0.9 1.4 18.4 0.6 26.3 2.8 1.9 0.8 11.9 -0.9 1.3 18.4 1.4 23.7 2.8 1.9 0.8 11.9 -0.9 1.2 18.1 2.4 20.3 2.9 2.0 0.8 12.1 -0.9 1.0 18.0 2.6 16.8 I-3 TABLE I-2--CONGRESSIONAL BUDGET OFFICE PROJECTIONS OF OUTLAYS, FISCAL YEARS 2002-2013 Outlay Category Discretionary Defense Domestic and international Highways Mass Transit Conservation Subtotal Mandatory Offsetting Receipts Net Interest Total On-budget Off-budget1 Discretionary Defense Domestic and international Highways Mass Transit Conservation Subtotal 2002 2003 2004 2005 2006 2007 2008 2009 In Billions of Dollars 418 409 33 7 1 868 1,453 -121 217 425 419 34 7 1 886 1,525 -122 224 440 428 35 8 1 911 1,613 -129 226 452 439 35 8 1 936 1,708 -133 225 2010 2011 2012 2013 349 348 29 8 1 734 1,196 -91 171 2,011 1,655 356 386 380 31 7 1 805 1,281 -103 155 2,137 1,768 369 402 397 31 7 1 837 1,328 -105 164 2,224 1,839 385 411 403 32 7 1 854 1,393 -116 197 465 451 36 8 1 961 1,810 -140 222 481 464 37 8 1 991 1,931 -148 215 487 477 38 8 1 1,011 2,018 -156 201 3,074 2,562 512 505 490 39 8 1 1,043 2,159 -166 179 3,215 2,677 539 I-4 2,328 2,417 2,513 2,621 2,736 2,853 2,989 1,935 2,010 2,093 2,187 2,285 2,383 2,500 488 393 407 420 434 451 470 As a Percentage of Gross Domestic Product (GDP) 3.4 3.4 0.3 0.1 0.0 7.2 3.3 3.2 0.3 0.1 0.0 6.9 3.2 3.2 0.3 0.1 0.0 6.7 3.1 3.1 0.2 0.1 0.0 6.5 3.1 3.0 0.2 0.1 0.0 6.4 3.0 2.9 0.2 0.1 0.0 6.2 3.0 2.9 0.2 0.0 0.0 6.1 3.4 3.4 0.3 0.1 0.0 7.1 3.6 3.5 0.3 0.1 0.0 7.5 3.6 3.5 0.3 0.1 0.0 7.4 2.9 2.8 0.2 0.0 0.0 5.9 2.8 2.7 0.2 0.0 0.0 5.8 Mandatory Offsetting Receipts Net Interest Total On-budget Off-budget1 1 Social Security and Postal Services. Source: Congressional Budget Office. 11.6 -0.9 1.7 19.5 16.0 3.4 11.9 -1.0 1.4 19.9 16.4 3.4 11.7 -0.9 1.4 19.7 16.3 3.4 11.7 -1.0 1.6 19.5 16.2 3.3 11.6 -1.0 1.7 19.2 16.0 3.2 11.5 -0.9 1.7 18.9 15.8 3.2 11.5 -0.9 1.6 18.8 15.7 3.1 11.6 -0.9 1.5 18.6 15.5 3.1 11.7 -0.9 1.4 18.4 15.4 3.0 11.9 -0.9 1.3 18.4 15.4 3.0 11.9 -0.9 1.2 18.1 15.1 3.0 12.1 -0.9 1.0 18.0 15.0 3.0 I-5 TABLE I-3--OUTLAYS FOR MAJOR SPENDING CATEGORIES IN NOMINAL DOLLARS AND AS A PERCENTAGE OF GDP, SELECTED FISCAL YEARS 1965-2002 Spending Category Discretionary Defense International Domestic Subtotal Social Security Medicare Medicaid Means-tested entitlements other than Medicaid Deposit insurance Other entitlements and mandatories Net interest Offsetting Receipts Total Discretionary Defense International Domestic Subtotal Social Security Medicare Medicaid Means-tested entitlements other than Medicaid 1965 1970 1975 1980 1985 1990 1995 2000 2002 In Nominal Dollars (Billions) $51.0 4.7 22.1 77.8 17.1 0.0 0.3 4.9 -0.4 17.8 8.6 -7.9 118.2 $81.9 4.0 34.4 120.3 29.6 6.8 2.7 7.4 -0.5 26.5 14.4 -11.5 195.6 $87.6 8.2 62.2 158.0 63.6 14.1 6.8 18.6 0.5 65.8 23.2 -18.3 332.3 $134.6 12.8 128.9 276.3 117.1 34.0 14.0 31.9 -0.4 94.7 52.5 -29.2 590.9 $253.1 17.4 145.3 415.8 186.4 69.6 22.7 43.3 -2.2 128.3 129.5 -47.1 946.4 $300.1 19.1 181.4 500.6 246.5 107.4 41.1 58.8 57.9 115.1 184.3 -58.7 1,253.2 $273.6 20.1 251.2 544.9 333.3 177.1 89.1 101.5 -17.9 135.5 232.1 -79.7 1,515.8 $295.0 21.3 298.6 614.8 406.0 216.0 117.4 118.6 -3.1 174.8 223.0 -78.8 1,788.8 $348.9 26.2 359.2 734.4 452.5 253.7 147.5 138.5 -1.0 205.4 171.0 -91.0 2,011.0 I-6 As a percentage of gross domestic product 7.4 0.7 3.2 11.3 2.5 0.0 0.0 0.7 8.1 0.4 3.4 11.9 2.9 0.7 0.3 0.7 5.6 0.5 4.0 10.1 4.1 0.9 0.4 1.2 4.9 0.5 4.7 10.1 4.3 1.2 0.5 1.2 6.1 0.4 3.5 10.0 4.5 1.7 0.5 1.0 5.2 0.3 3.2 8.7 4.3 1.9 0.7 1.0 3.7 0.3 3.4 7.4 4.6 2.4 1.2 1.4 3.0 0.2 3.1 6.3 4.2 2.2 1.2 1.2 3.4 0.3 3.5 7.1 4.4 2.5 1.4 1.3 Deposit insurance Other entitlements and mandatories Net interest Offsetting Receipts Total Discretionary Defense International Domestic Subtotal Social Security Medicare Medicaid Means-tested entitlements other than Medicaid Deposit insurance Other entitlements and mandatories Net interest Offsetting Receipts Total Note: Totals may not be exact due to rounding. Source: Congressional Budget Office. -0.1 2.6 1.2 -1.1 17.2 0.0 2.6 1.4 -1.1 19.3 0.0 4.2 1.5 -1.2 21.3 0. 0 -0.1 1.0 3.5 3.1 2.0 1.9 3.1 3.2 -1.1 -1.1 -1.0 21.6 22.9 21.8 As a percentage of budget 22.8 2.2 21.8 46.7 19.8 5.8 2.4 5.4 -0.1 16.0 8.9 -4.9 100.0 26.7 1.8 15.3 43.9 19.7 7.4 2.4 4.6 -0.2 13.6 13.7 -5.0 100.0 24.0 1.5 14.5 40.0 19.7 8.6 3.3 4.7 4.6 9.2 14.7 -4.7 100.0 -0.2 1.8 3.2 -1.1 20.7 0.0 1.8 2.3 -0.8 18.4 0.0 2.0 1.7 -0.9 19.5 43.2 4.0 18.7 65.8 14.4 0 0.3 4.2 -0.3 15.1 7.3 -6.7 100.0 41.9 2.0 17.5 61.4 15.2 3.5 1.4 3.8 -0.3 13.5 7.4 -5.9 100.0 26.4 2.5 18.7 47.5 19.1 4.2 2.0 5.6 0.2 19.8 7.0 -5.5 100.0 18.0 1.3 16.6 35.9 21.9 11.7 5.9 6.8 -1.2 8.9 15.3 -5.3 100.0 16.5 1.2 16.7 34.4 22.7 12.0 6.5 6.6 -0.2 9.8 12.4 -4.4 100.0 0.2 0.0 0.2 0.4 0.2 0.1 0.1 6.9 0.0 10.2 0.1 -4.5 100.0 I-7 TABLE I-4--CONGRESSIONAL BUDGET OFFICE MANDATORY OUTLAY PROJECTIONS FOR SELECTED PROGRAMS WITHIN THE JURISDICTION OF THE COMMITTEE ON WAYS AND MEANS, FISCAL YEARS 2002-2013 Program Social Security Old-Age and Survivors Insurance Disability Insurance Medicare Hospital Insurance (HI) Supplementary Medical Insurance (SMI) Trade Adjustment Assistance Unemployment compensation Family support Earned income credit outlays Supplemental Security Income Social Services Block Grant Foster Care and Adoption Assistance SMI & HI premiums Total Source: Congressional Budget Office. 2002 2003 2004 2005 2006 2007 2008 2009 In Billions of Dollars $452 $473 $494 $514 $539 $567 $598 $633 387 401 415 433 451 473 496 524 64 72 79 82 88 95 102 108 254 273 287 306 319 343 366 393 146 152 160 170 177 189 201 215 107 120 126 135 141 152 164 177 51 26 28 31 5 6 -26 825 56 27 29 32 5 6 -28 872 46 26 29 34 5 7 -32 895 42 26 29 38 5 7 -34 932 43 25 30 36 5 7 -37 967 2010 $670 554 116 421 229 191 2011 $711 587 124 455 245 209 2012 $756 624 132 482 258 223 2013 $805 666 139 524 279 244 44 45 47 49 51 52 54 26 25 25 26 26 27 27 29 31 31 32 32 32 29 35 40 42 43 49 43 49 5 5 5 5 5 5 5 7 8 8 9 9 9 10 -40 -43 -47 -50 -55 -59 -64 1,017 1,074 1,136 1,203 1,282 1,343 1,437 I-8 TABLE I-5--HISTORICAL OUTLAYS FOR ENTITLEMENTS AND OTHER MANDATORY SPENDING, SELECTED FISCAL YEARS 1975-2002 1975 Means-tested programs: Student Loans Medicaid Food stamps Child nutrition Earned income and child tax credits Supplemental Security Income Family support State Children's Health Insurance Veterans pensions Other Total, means-tested programs Nonmeans-tested programs: Medicare Social Security Subtotal Other retirement and disability: Federal civilian Military Other Subtotal Unemployment compensation Deposit Insurance 0.1 6.8 4.6 1.5 1.4 4.3 5.1 3 1980 1.4 14.0 9.1 3.4 1.3 5.7 7.3 3 1985 3.5 22.7 12.5 3.7 1.1 8.7 9.2 3 1990 4.4 41.1 15.9 5.0 4.4 11.5 12.2 3 1995 4.4 89.1 25.6 7.5 15.2 24.5 18.1 3 1996 3.6 92.0 25.4 7.9 19.2 24.1 17.6 3 1997 3.6 95.6 22.9 8.3 21.9 26.7 16.9 3 1998 3.2 101.2 20.1 8.6 23.2 27.4 17.6 4 1999 2.7 108.0 19.0 8.9 26.1 28.2 19.5 0.6 3.1 4.7 220.7 209.3 387.0 596.3 48.5 31.9 4.9 85.3 21.4 -5.3 2000 1.4 117.9 18.3 9.2 26.9 31.1 21.2 1.2 3.3 5.3 235.8 216.0 406.0 622.1 50.2 32.8 4.8 87.8 20.7 -3.1 2001 -1.6 129.4 19.1 9.5 27.1 27.5 24.9 3.7 3.1 5.7 248.4 237.9 429.4 667.2 53.2 34.1 5.4 92.7 27.9 -1.4 2002 4.1 147.5 22.1 10.3 32.9 31.4 25.7 3.7 3.3 5.9 2.7 0.3 26.8 14.1 63.6 77.7 7.4 6.2 4.7 18.3 12.8 0.5 3.6 0.1 45.9 34.0 117.1 151.0 15.5 11.9 4.7 32.1 16.9 -0.4 3.8 0.8 66.0 69.6 186.4 256.1 24.6 15.8 5.1 45.5 15.8 -2.2 3.6 1.8 99.9 107.4 246.5 353.9 33.7 21.5 4.7 59.9 17.1 57.9 3.0 3.2 190.6 177.1 333.3 510.3 42.7 27.8 4.7 75.2 21.3 -17.9 2.8 3.7 196.2 191.3 347.1 538.4 43.6 28.8 4.8 77.3 22.6 -8.4 3.1 4.0 202.8 207.9 362.3 570.2 46.0 30.2 4.3 80.6 20.6 -14.4 3.2 4.5 209.0 211.0 376.1 587.1 47.1 31.1 4.6 82.9 19.6 -4.4 I-9 286.8 253.7 452.5 706.2 55.7 35.1 5.4 96.1 50.6 -1.0 TABLE I-5--HISTORICAL OUTLAYS FOR ENTITLEMENTS AND OTHER MANDATORY SPENDING, SELECTED FISCAL YEARS 1975-2002-continued 1975 Other programs: Farm price and income supports 0.6 Social services 2.9 Veterans benefits 10.2 General revenue sharing 6.1 Other 15.0 Subtotal 34.8 Total, nonmeans-tested programs 144.1 Total outlays 169.4 Source: Congressional Budget Office. 2.8 3.7 11.0 6.8 21.5 45.8 245.5 291.2 17.7 3.5 12.9 4.6 28.4 67.1 382.3 448.2 6.5 5.1 13.4 0 12.9 37.9 527.1 626.9 5.8 5.5 18.3 0 8.5 38.1 627.1 818.5 5.0 5.0 17.2 0 3.8 31.0 660.7 858.7 5.8 5.2 18.7 0 6.9 36.6 693.5 896.3 8.5 5.1 20.6 0 10.1 44.3 729.6 938.6 18.0 4.6 21.7 0 14.4 58.7 756.1 976.8 30.5 22.4 13.9 4.5 4.5 4.5 23.9 20.3 24.7 0 0 0 14.1 12.8 7.4 73.0 60.0 50.5 793.9 846.5 910.6 1029.8 1095.2 1196.6 1980 1985 1990 1995 1996 1997 1998 1999 2000 2001 2002 I-10 TABLE I-6--CONGRESSIONAL BUDGET OFFICE OUTLAY PROJECTIONS FOR MANDATORY SPENDING, FISCAL YEARS 2002-2013 [In Billions of Dollars] Program Actual 2002 148 31 33 22 26 10 6 4 4 3 287 452 254 706 56 35 5 96 51 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Medicaid Supplemental Security Income Earned Income and Child Tax Credit Food Stamps Family Support1 Child Nutrition Foster Care Student Loans State Children's Health Insurance Veterans' Pensions Total, Means-Tested Programs Social Security Medicare Subtotal Other Retirement and Disability: Federal civilian2 Military Other Subtotal Unemployment Compensation 158 32 34 24 27 11 6 5 5 3 306 473 273 746 58 36 6 100 56 169 34 34 25 26 11 7 4 5 3 317 494 287 782 61 37 6 104 46 182 38 34 25 26 11 7 5 5 4 336 514 306 821 64 38 7 108 42 Means-Tested Programs 197 215 234 255 36 35 40 42 37 37 37 38 25 26 27 28 25 26 25 25 12 12 13 13 7 7 8 8 6 6 6 6 5 5 5 5 3 3 3 4 354 372 398 424 Non-Means-Tested Programs 539 567 598 633 319 343 366 393 859 910 964 1,025 67 39 7 113 43 70 40 7 117 44 74 41 7 122 45 77 42 7 127 47 278 43 39 28 26 14 9 6 5 4 452 670 421 1,091 81 43 8 132 49 303 49 42 29 26 14 9 7 5 4 488 711 455 1,166 85 44 8 137 51 330 43 30 30 27 15 9 7 5 4 500 756 482 1,238 88 45 9 142 52 360 49 30 31 27 16 10 7 5 5 539 805 524 1,329 92 47 9 148 54 I-11 TABLE I-6--CONGRESSIONAL BUDGET OFFICE OUTLAY PROJECTIONS FOR MANDATORY SPENDING, FISCAL YEARS 2002-2013-continued [In Billions of Dollars] Program Actual 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Other Programs: Veterans' benefits3 25 Commodity Credit Corporation Fund 14 DoD Health 0 Universal Service Fund 5 Social services 5 Other 9 Subtotal 57 Total, Non-Means-Tested Programs 910 Offsetting Receipts -91 Total Mandatory Spending 1,106 Memorandum: Mandatory spending excluding offsetting receipts 1,196 which are considered offsetting receipts 1 28 15 4 6 5 14 72 975 -103 1,177 31 16 5 6 5 16 79 1,011 -105 1,223 35 18 6 6 5 16 86 1,057 -116 1,277 34 17 7 6 5 17 85 1,100 -121 1,332 32 16 7 7 5 14 81 1,153 -122 1,403 35 15 8 7 5 13 83 1,214 -129 1,484 36 16 9 7 5 14 85 1,284 -133 1,575 36 15 9 7 5 14 86 1,358 -140 1,670 39 14 10 7 5 14 89 1,443 -148 1,782 35 13 11 7 5 14 85 1,518 -156 1,861 38 13 11 7 5 14 89 1,620 -166 1,993 I-12 1,281 1,328 1,393 1,453 1,525 1,613 1,708 1,810 1,931 2,018 2,159 Includes Temporary Assistance for Needy Families and various programs that involve payments to States for child support enforcement and family support, child care entitlement to States, and children's research and technical assistance. Includes Civil Service, Foreign Service, Coast Guard, and other small retirement programs and annuitants' health benefits. Includes veterans' compensation, readjustment benefits, life insurance, and housing programs. 2 3 Note: Spending for the benefit programs shown above generally excludes administrative costs, which are discretionary. Spending for Medicare also excludes premiums paid by participants. Source: Congressional Budget Office. I-13 TABLE I-7--OUTLAYS FOR MAJOR SPENDING CATEGORIES, SELECTED FISCAL YEARS 1962-2002 [In Billions of Dollars] Fiscal Year 1962 1965 1970 1975 1980 1985 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 National Defense 52.6 51.0 81.9 87.6 134.6 253.1 300.1 319.7 302.6 292.4 282.3 273.6 266.0 271.7 270.2 275.5 295.0 306.1 348.9 Entitlements and other Mandatory Spending 34.7 39.7 72.5 169.4 291.2 448.2 626.9 702.3 716.8 738.0 786.1 818.5 858.7 896.3 938.6 976.8 1,029.8 1,095.2 1,196.6 Nondefense discretionary spending 19.5 26.8 38.3 70.3 141.7 162.7 200.4 213.6 231.2 247.0 259.1 271.3 266.7 275.6 281.9 296.5 319.9 343.3 385.4 Net interest 6.9 8.6 14.4 23.2 52.5 129.5 184.3 194.4 199.3 198.7 202.9 232.1 241.1 244.0 241.1 229.8 223.0 206.2 171.0 Offsetting receipts -6.8 -7.9 -11.5 -18.3 -29.2 -47.1 -58.7 -105.7 -68.4 -66.6 -68.5 -79.7 -71.9 -86.3 -79.2 -76.6 -78.8 -86.8 -91.0 Total Outlays 106.8 118.2 195.6 332.3 590.9 946.4 1,253.2 1,324.4 1,381.7 1,409.5 1,461.9 1,515.8 1,560.5 1,601.3 1,652.6 1,701.9 1,788.8 1,863.9 2,011.0 Source: Congressional Budget Office. I-14 TABLE I-8--OUTLAYS FOR MAJOR SPENDING CATEGORIES, AS A PERCENTAGE OF GROSS DOMESTIC PRODUCT (GDP), SELECTED FISCAL YEARS 1962-2002 Fiscal Year National Defense Entitlements Nondefense and other discretionary Mandatory spending Spending 3.4 3.9 3.8 4.5 5.2 3.9 3.5 3.6 3.7 3.8 3.7 3.7 3.5 3.4 3.3 3.2 3.3 3.4 3.7 Net interest 1.2 1.2 1.4 1.5 1.9 3.1 3.2 3.3 3.2 3.0 2.9 3.2 3.1 3.0 2.8 2.5 2.3 2.1 1.7 Offsetting receipts -1.2 -1.1 -1.1 -1.2 -1.1 -1.1 -1.0 -1.8 -1.1 -1.0 -1.0 -1.1 -0.9 -1.1 -0.9 -0.8 -0.8 -0.9 -0.9 Total Outlays 18.8 17.2 19.3 21.3 21.6 22.9 21.8 22.3 22.2 21.5 21.0 20.7 20.3 19.5 19.1 18.6 18.4 18.6 19.5 1962 9.2 6.1 1965 7.4 5.8 1970 8.1 7.2 1975 5.6 10.9 1980 4.9 10.7 1985 6.1 10.8 1990 5.2 10.9 1991 5.4 11.8 1992 4.9 11.5 1993 4.5 11.2 1994 4.1 11.3 1995 3.7 11.2 1996 3.5 11.2 1997 3.3 10.9 1998 3.1 10.8 1999 3.0 10.7 2000 3.0 10.6 2001 3.1 10.9 2002 3.4 11.6 Source: Congressional Budget Office. I-15 TABLE I-9--REVENUES BY MAJOR SOURCE, SELECTED FISCAL YEARS 1962-2002 [In Billions of Dollars] Fiscal Year Individual Corporate Social Income Income Insurance Taxes Taxes Taxes Estate Excise Customs Misc. and Gift Taxes Duties Receipts Taxes 12.5 14.6 15.7 16.6 24.3 36.0 35.3 42.4 45.6 48.1 55.2 57.5 54.0 56.9 57.7 70.4 68.9 66.2 67.0 2.0 2.7 3.6 4.6 6.4 6.4 11.5 11.1 11.1 12.6 15.2 14.8 17.2 19.8 24.1 27.8 29.0 28.4 26.5 1.1 1.4 2.4 3.7 7.2 12.1 16.7 15.9 17.4 18.8 20.1 19.3 18.7 17.9 18.3 18.3 19.9 19.4 18.6 0.8 1.6 3.4 6.7 12.7 18.6 28.0 23.6 27.3 19.5 23.2 28.6 25.5 25.5 32.7 34.9 42.8 37.8 33.9 Total Revenue 99.7 116.8 192.8 279.1 517.1 734.1 1,032.0 1,055.0 1,091.3 1,154.4 1,258.6 1,351.8 1,453.1 1,579.3 1,721.8 1,827.5 2,025.2 1,991.2 1,853.2 1962 45.6 20.5 17.0 1965 48.8 25.5 22.2 1970 90.4 32.8 44.4 1975 122.4 40.6 84.5 1980 244.1 64.6 157.8 1985 334.5 61.3 265.2 1990 466.9 93.5 380.0 1991 467.8 98.1 396.0 1992 476.0 100.3 413.7 1993 509.7 117.5 428.3 1994 543.1 140.4 461.5 1995 590.2 157.0 484.5 1996 656.4 171.8 509.4 1997 737.5 182.3 539.4 1998 828.6 188.7 571.8 1999 879.5 184.7 611.8 2000 1,004.5 207.3 652.9 2001 994.3 151.1 694.0 2002 858.3 148.0 700.8 Source: Congressional Budget Office. I-16 TABLE I-10--REVENUES BY MAJOR SOURCE AS A PERCENTAGE OF GDP, SELECTED FISCAL YEARS 1962-2002 Fiscal Year 1962 1965 1970 1975 1980 1985 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 Individual Corporate Social Excise Estate and Customs Misc. Total Income Income Insurance Taxes Gift Taxes Duties Receipts Revenue Taxes Taxes Taxes 8.0 7.1 8.9 7.8 8.9 8.1 8.1 7.9 7.7 7.8 7.8 8.1 8.5 9.0 9.6 9.6 10.3 9.9 8.3 3.6 3.7 3.2 2.6 2.4 1.5 1.6 1.7 1.6 1.8 2.0 2.1 2.2 2.2 2.2 2.0 2.1 1.5 1.4 3.0 3.2 4.4 5.4 5.8 6.4 6.6 6.7 6.6 6.5 6.6 6.6 6.6 6.6 6.6 6.7 6.7 6.9 6.8 2.2 2.1 1.5 1.1 0.9 0.9 0.6 0.7 0.7 0.7 0.8 0.8 0.7 0.7 0.7 0.8 0.7 0.7 0.6 0.4 0.4 0.4 0.3 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.3 0.3 0.3 0.3 0.3 0.2 0.2 0.2 0.2 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.1 0.2 0.3 0.4 0.5 0.4 0.5 0.4 0.4 0.3 0.3 0.4 0.3 0.3 0.4 0.4 0.4 0.4 0.3 17.5 17.0 19.0 17.9 18.9 17.7 18.0 17.8 17.5 17.6 18.1 18.5 18.9 19.3 19.9 20.0 20.8 19.8 17.9 Source: Congressional Budget Office. TABLE I-11--FEDERAL REVENUES BY SOURCE IN NOMINAL DOLLARS AND AS A PERCENTAGE OF GDP AND TOTAL REVENUES, SELECTED FISCAL YEARS 1965-2002 Revenue Source Individual income taxes Corporate income taxes Social insurance taxes Excise taxes Estate taxes Other taxes Total Individual income taxes Corporate income taxes Social insurance taxes Excise taxes Estate taxes Other taxes Total Individual income taxes Corporate income taxes Social insurance taxes Excise taxes Estate taxes Other taxes Total GDP (billions) 1965 $48.8 25.5 22.2 14.6 2.7 3.0 116.8 7.1 3.7 3.2 2.1 0.4 0.4 17.0 41.8 21.8 19.0 12.5 2.3 2.6 100.0 $687.9 1970 $90.4 32.8 44.4 15.7 3.6 5.9 192.8 8.9 3.2 4.4 1.6 0.4 0.6 19.0 46.9 17.0 23.0 8.1 1.9 3.0 100.0 $1,013.2 1975 1980 1985 1990 1995 $590.2 157.0 484.5 57.5 14.8 47.9 1,351.8 8.1 2.1 6.6 0.8 0.2 0.7 18.5 43.7 11.6 35.8 4.3 1.1 3.5 100.0 $7,324.0 2000 $1,004.5 207.3 652.9 68.9 29.0 62.7 2,025.2 10.3 2.1 6.7 0.7 0.3 0.6 20.8 2002 $858.4 148.0 700.8 67.0 26.5 52.5 1,853.2 In nominal dollars (billions) $122.4 $244.1 $334.5 $466.9 40.6 64.6 61.3 93.5 84.5 157.8 265.2 380.0 16.6 24.3 36.0 35.3 4.6 6.4 6.4 11.5 10.4 19.9 30.7 44.7 279.1 517.1 734.1 1,032.0 As a percentage of GDP 7.8 8.9 8.1 8.1 2.6 2.4 1.5 1.6 5.4 5.8 6.4 6.6 1.1 0.9 0.9 0.6 0.3 0.2 0.2 0.2 0.7 0.7 0.7 0.8 17.9 18.9 17.7 18.0 As a percentage of Revenues 43.9 47.2 45.6 45.2 14.6 12.5 8.4 9.1 30.3 30.5 36.1 36.8 5.9 4.7 4.9 3.4 1.7 1.2 0.9 1.1 3.7 3.9 4.2 4.3 100.0 100.0 100.0 100.0 $1,559.8 $2,732.1 $4,136.6 $5,735.6 I-17 8.3 1.4 6.8 0.6 0.3 0.5 17.9 49.6 46.3 10.2 8.0 32.2 37.8 3.4 3.6 1.4 1.4 3.1 2.8 100.0 100.0 $9,718.8 $10,336.6 Source: Congressional Budget Office. TABLE I-12--CONGRESSIONAL BUDGET OFFICE BASELINE REVENUE PROJECTIONS BY SOURCE AND AS A PERCENTAGE OF GDP, FISCAL YEARS 2002-2013 Revenue Source Individual income taxes Corporate income taxes Social insurance taxes Excise taxes Estate and gift taxes Customs duties Miscellaneous Total 2002 $858 148 701 67 27 19 34 1,853 2003 $869 156 725 68 22 18 33 1,891 8.1 1.5 6.7 0.6 0.2 0.2 0.3 17.6 2004 $924 185 766 71 24 20 36 2,024 8.2 1.6 6.8 0.6 0.2 0.2 0.3 17.9 2005 $1,011 228 811 74 21 20 40 2,205 8.5 1.9 6.8 0.6 0.2 0.2 0.3 18.5 2006 $1,089 249 856 77 24 21 44 2,360 8.7 2.0 6.8 0.6 0.2 0.2 0.4 18.8 2008 2009 2007 In Billions of Dollars $1,176 $1,259 $1,349 260 269 276 944 989 901 79 82 84 20 22 23 22 23 24 47 50 52 2,504 2,647 2,798 As a Percentage of GDP 8.9 9.0 9.2 2.0 1.9 1.9 6.8 6.8 6.7 0.6 0.6 0.6 0.1 0.2 0.2 0.2 0.2 0.2 0.4 0.4 0.4 18.9 18.9 19.0 2010 $1,447 285 1,037 87 15 25 54 2,949 9.3 1.8 6.7 0.6 0.1 0.2 0.3 19.0 2011 $1,649 295 1,085 90 19 26 56 3,220 10.1 1.8 6.7 0.6 0.1 0.2 0.3 19.8 2012 $1,819 306 1,134 92 43 27 58 3,479 10.7 1.8 6.7 0.5 0.3 0.2 0.3 20.5 2013 $1,939 316 1,188 95 47 28 61 3,674 10.9 1.8 6.7 0.5 0.3 0.2 0.3 20.6 I-18 Individual income taxes 8.3 Corporate income taxes 1.4 Social insurance taxes 6.8 Excise taxes 0.6 Estate and gift taxes 0.3 Customs duties 0.2 Miscellaneous 0.3 Total 17.9 Source: Congressional Budget Office. I-19 TABLE I-13--REVENUES, OUTLAYS, AND DEFICITS AND SURPLUSES, SELECTED FISCAL YEARS 1962-2002 Fiscal Year Revenues Outlays Deficit (-) or Surplus On budget Social Security Postal Service 1962 99.7 106.8 -5.9 -1.3 NA 1965 116.8 118.2 -1.6 0.2 NA 1970 192.8 195.6 -8.7 5.9 NA 1975 279.1 332.3 -55.3 2.0 NA 1980 517.1 590.9 -72.7 -1.1 NA 1985 734.1 946.4 -221.7 9.4 NA 1990 1,032.0 1,253.2 -277.8 58.2 -1.6 1991 1,055.0 1,324.4 -321.5 53.5 -1.3 1992 1,091.3 1,381.7 -340.5 50.7 -0.7 1993 1,154.4 1,409.5 -300.4 46.8 -1.4 1994 1,258.6 1,461.9 -258.9 56.8 -1.1 1995 1,351.8 1,515.8 -226.4 60.5 2.0 1996 1,453.1 1,560.5 -174.1 66.4 0.2 1997 1,579.3 1,601.3 -103.3 81.3 0.0 1998 1,721.8 1,652.6 -30.0 99.0 0.2 1999 1,827.5 1,701.9 1.9 124.7 -1.0 2000 2,025.2 1,788.8 86.6 151.8 -2.0 2001 1,991.2 1,863.9 -33.4 163.0 -2.3 2002 1,853.2 2,011.0 -317.5 160.3 -0.7 1 In fiscal years 1962 through 1988, the postal service was on budget and included in the on-budget total. Source: Congressional Budget Office. I-20 TABLE I-14--REVENUES, OUTLAYS, AND DEFICITS AND SURPLUSES, AS A PERCENTAGE OF GDP, SELECTED FISCAL YEARS 1962-2002 Fiscal Year 1962 1965 1970 1975 1980 1985 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 1 Revenues 17.6 17.0 19.0 17.9 18.9 17.7 18.0 17.8 17.5 17.6 18.1 18.5 18.9 19.3 19.9 20.0 20.8 19.8 17.9 Outlays 18.8 17.2 19.3 21.3 21.6 22.9 21.8 22.3 22.2 21.5 21.0 20.7 20.3 19.5 19.1 18.6 18.4 18.6 19.5 On budget -1.0 -0.2 -0.9 -3.5 -2.7 -5.4 -4.8 -5.4 -5.5 -4.6 -3.7 -3.1 -2.3 -1.3 -0.3 0.0 0.9 -0.3 -3.1 Deficit (-) or Surplus Social Security Postal Service1 -0.2 NA 2 NA 0.6 NA 0.1 NA 2 NA 0.2 NA 2 1.0 2 0.9 2 0.8 2 0.7 2 0.8 2 0.8 2 0.9 2 1.0 2 1.1 2 1.4 2 1.6 2 1.6 2 1.6 In fiscal years 1962 through 1988, the postal service was on budget and included in the onbudget total. 2 Less than 0.05 percent. NA- Not available. Source: Congressional Budget Office. TABLE I-15--FEDERAL FINANCES AND THE FEDERAL DEBT, SELECTED FISCAL YEARS 1955-2002 [Dollars in Billions] Total Deficit Fiscal Year Gross Dollars As a % of GDP Dollars As a % of GDP 69.4 56.0 46.9 37.6 34.7 33.3 43.9 55.9 60.7 64.4 66.3 66.9 67.2 67.3 65.6 63.2 61.3 57.9 57.6 60.0 Federal debt, end of year Held by government accounts Dollars 47.8 53.7 61.5 97.7 147.2 197.1 310.2 794.7 909.2 1,002.1 1,102.6 1,210.2 1,316.2 1,447.4 1,596.9 1,757.1 1,973.2 2,218.9 2,450.3 2,658.0 As a % of GDP 12.1 10.3 8.9 9.6 9.4 7.2 7.5 13.9 15.3 16.1 16.8 17.4 18.0 18.8 19.5 20.3 21.6 22.8 24.5 25.7 Held by the public Dollars 226.6 236.8 260.8 283.2 394.7 711.9 1,507.3 2,411.6 2,689.0 2,999.7 3,248.4 3,433.1 3,604.4 3,734.1 3,772.3 3,721.1 3,632.4 3,409.8 3,319.6 3,540.4 As a % of GDP 57.3 45.6 37.9 28.0 25.3 26.1 36.4 42.0 45.3 48.2 49.5 49.4 49.2 48.5 46.1 42.9 39.8 35.1 33.1 34.3 1955 -3.0 -0.8 274.4 1960 0.3 0.1 290.5 1965 -1.4 -0.2 322.3 1970 -2.8 -0.3 380.9 1975 -53.2 -3.4 541.9 1980 -73.8 -2.7 909.0 1985 -212.3 -5.1 1,817.4 1990 -221.2 -3.9 3,206.3 1991 -269.3 -4.5 3,598.2 1992 -290.4 -4.7 4,001.8 1993 -255.1 -3.9 4,351.0 1994 -203.3 -2.9 4,643.3 1995 -164.0 -2.2 4,920.6 1996 -107.5 -1.4 5,181.5 1997 -22.0 -0.3 5,369.2 1998 69.2 0.8 5,478.2 1999 125.6 1.4 5,605.5 2000 236.4 2.4 5,628.7 2001 127.3 1.3 5,769.9 2002 -157.8 -1.5 6,198.4 Source: Executive Office of the President (2003, Tables 1.3, 7.1). I-21 TABLE I-16--CONGRESSIONAL BUDGET OFFICE PROJECTIONS OF INTEREST COSTS AND FEDERAL DEBT, FISCAL YEARS 2002-2013 Source Fiscal year Actual 2002 333 -77 -76 -153 -8 0 171 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Net Interest Outlays (Billions of Dollars) 323 332 381 420 446 468 489 -84 -90 -98 -109 -121 -135 -72 -67 -72 -77 -81 -86 -156 -157 -169 -185 -203 -221 -11 -11 -14 -16 -18 -20 0 -1 -1 -1 -1 -1 155 164 197 217 224 226 Federal Debt (At end of year) 3,816 4,013 4,142 4,212 4,233 4,217 508 526 537 542 Interest on public debt (gross interest)1 Interest Received by Trust Funds: Social Security Other trust funds2 Subtotal Other interest3 Other investment income4 Total (Net interest) -150 -166 -183 -201 -220 -90 -95 -100 -105 -111 -241 -261 -283 -306 -331 -22 -24 -26 -29 -32 -1 -1 -1 -1 -1 225 222 215 201 179 I-22 Debt Held by the Public 3,540 4,165 4,077 3,854 3,456 3,003 Debt Held by Government Accounts: Social Security 1,329 1,491 1,664 1,857 2,070 2,301 2,551 2,819 3,106 3,409 3,727 4,058 1,329 1,361 1,443 1,543 1,657 1,778 1,904 2,034 2,170 2,311 2,460 2,612 Other government accounts2 Total 2,658 2,851 3,107 3,400 3,727 4,079 4,455 4,854 5,276 5,721 6,187 6,671 Gross Federal debt 6,198 6,667 7,119 7,542 7,939 8,312 8,672 9,018 9,353 9,575 9,643 9,673 5 Debt subject to limit 6,161 6,645 7,097 7,520 7,917 8,289 8,650 8,996 9,330 9,551 9,619 9,649 Debt Held by the Public as a percentage of GDP 34.3 35.5 35.5 34.7 33.5 31.9 30.2 28.3 26.3 23.7 20.3 16.8 1 Excludes interest costs of debt issued by agencies other than the Treasury (primarily the Tennessee Valley Authority). 2 Mainly the Civil Service Retirement, Military Retirement, Medicare, and Unemployment Insurance Trust Funds. 3 Primarily interest on loans to the public. 4 Earnings on private investments by the National Railroad Investment Trust. 5 Differs from the gross Federal debt primarily because most debt issued by agencies other than the Treasury is excluded from the debt limit. The current debt limit is $6,400 billion. Source: Congressional Budget Office. TABLE I-17—ANNUAL TRUST FUND SURPLUSES AND DEFICITS, FISCAL YEARS 1990-2002 Trust Fund Social Security Medicare Military retirement Civilian retirement1 Unemployment Highway Airport & airway Other2 Total trust fund surplus Federal funds deficit (-) Total surplus or deficit (-) Net transfers from General Fund to Trust Funds 1 1990 58 15 12 22 6 0 1 5 120 -341 -221 171 1991 54 15 13 23 -3 3 1 6 112 -381 -269 190 [In Billions of Dollars] 1992 1993 1994 1995 51 47 57 60 14 10 1 -7 12 9 8 7 26 28 28 29 -12 1 3 8 2 1 -4 1 0 -2 0 -1 4 6 3 3 99 96 100 95 -386 -355 -299 -263 -290 -255 -203 -164 201 223 210 216 1996 66 9 5 28 6 3 -4 1 115 -222 -107 240 1997 81 -1 8 30 8 1 -1 0 126 -148 -22 249 1998 99 7 7 30 9 4 3 2 161 -92 69 263 1999 125 26 6 31 7 10 3 4 213 -88 124 272 2000 152 30 6 31 9 3 2 2 234 2 236 296 2001 163 25 7 31 2 -3 1 -1 224 -97 127 350 2002 159 29 9 32 -20 -5 -3 -5 194 -352 -158 386 I-23 Civil Service, foreign service, and judicial survivors. 2 Primarily railroad retirement, Federal employees' health and life insurance, Superfund, various veterans' insurance trust funds, and (through part of 1989) the Federal Deposit Insurance Corporation (FDIC). Under legislation enacted in August 1989, FDIC was succeeded by the Bank Insurance Fund, classified as a public enterprise fund. Source: Congressional Budget Office, based on data from the Office of Management and Budget. TABLE I-18--CONGRESSIONAL BUDGET OFFICE PROJECTIONS OF ANNUAL TRUST FUND SURPLUSES, FISCAL YEARS 2002-2013 [In Billions of Dollars] Trust Fund Actual 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 231 250 268 286 304 318 331 Social Security 159 161 173 193 212 Medicare 32 26 27 28 33 Hospital Insurance (Part A) Supplementary Medical Insurance (Part B) -3 -13 1 4 4 Subtotal, Medicare 29 13 28 32 37 9 8 9 9 10 Military Retirement 32 32 33 33 33 Civilian Retirement1 Unemployment -20 -22 -6 3 8 Highway & Mass Transit -5 -7 -6 -4 -3 Airport and Airways -3 1 1 1 2 3 4 4 3 3 Other2 Total Trust Fund Surplus 202 191 235 271 302 Intragovernmental Transfers to Trust Funds3 343 350 372 398 424 Net Budgetary Impact of Trust Fund Programs -141 -159 -137 -127 -122 1 Includes Civil Service Retirement, Foreign Service Retirement, and several smaller retirement funds. 2 33 34 35 36 34 37 33 4 4 4 5 6 6 7 37 38 39 41 40 43 40 10 11 11 12 13 14 15 33 34 34 35 36 37 38 10 10 8 8 7 7 7 -2 -2 -1 -1 -1 0 0 2 3 3 4 4 5 5 3 3 3 3 3 3 3 325 347 367 388 407 426 439 456 490 528 568 615 659 711 -131 -143 -161 -180 -208 -233 -272 I-24 Primarily trust funds for Railroad Retirement (both Treasury and non-Treasury holdings), Federal employees' health and life insurance, Superfund, and various veterans' insurance programs. Includes interest paid to trust funds, general fund payments to the Supplementary Medical Insurance program, the employer share of employee retirement, lump sum payments to the Civil Service and Military Retirement Trust Funds, and taxes on Social Security benefits. Source: Congressional Budget Office. 3 I-25 TABLE I-19--CONGRESIONAL BUDGET OFFICE BASELINE AND OMB ECONOMIC PROJECTIONS, CALENDAR YEARS 2002-2008 Category Actual 2002 2003 2004 Projections 2005 2006 2007 2008 Real GDP (percentage change year over year): CBO January 2.4 2.5 3.6 2004 Budget 2.4 2.9 3.6 Chain-weighted GDP Price Index:1 CBO January 1.1 1.6 1.7 2004 Budget 1.1 1.3 1.5 Consumer Price Index-U: CBO January 1.6 2.3 2.2 2004 Budget 1.6 2.2 2.1 Unemployment rate:2 CBO January 5.8 5.9 5.7 2004 Budget 5.8 5.7 5.5 2 Interest rates: 91-day Treasury bills: CBO January 1.6 1.4 3.5 2004 Budget 1.6 1.6 3.3 10-year Treasury notes:2 CBO January 4.6 4.4 5.2 2004 Budget 4.6 4.2 5.0 1 Consumer Price Index for All Urban Consumers (CPI-U) 2 Annual averages, percent. Sources: Congressional Budget Office; OMB. 3.4 3.5 3.3 3.3 3.2 3.2 3.1 3.1 2.0 1.5 2.4 2.1 5.4 5.2 2.1 1.7 2.5 2.2 5.4 5.1 2.1 1.7 2.5 2.2 5.3 5.1 2.2 1.8 2.5 2.3 5.2 5.1 4.8 4.0 5.7 5.3 4.9 4.2 5.8 5.4 4.9 4.2 5.8 5.5 4.9 4.3 5.8 5.6 TABLE I-20--EFFECTS ON CONGRESSIONAL BUDGET OFFICE BUDGET PROJECTIONS OF SELECTED CHANGES IN ECONOMIC ASSUMPTIONS, FISCAL YEARS 2003-2013 [In Billions of Dollars] Category 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Total, 20042008 Total, 20042013 Change in Revenues Change in Outlays Change in Surplus or Deficit -1 1 -3 1 Growth Rate of Real GDP is 0.1 Percentage Point Lower per Year -6 -9 -13 -17 -21 -26 -31 -38 -44 1 -49 5 -54 0 150 -150 493 392 101 -208 39 -247 0 374 -374 2,072 1,356 715 1 -10 2 -14 2 -19 3 -24 5 -30 6 -38 8 -46 11 -55 0 45 -45 434 237 196 -1 0 7 -7 12 9 3 -4 0 19 -19 36 32 4 -7 0 26 -26 64 56 8 I-26 Change in Revenues Change in Outlays Change in Surplus or Deficit Interest Rates Are 1 Percentage Point Higher per Year 0 0 0 0 0 0 0 31 -31 35 -35 39 -39 42 -42 44 -44 46 -46 47 -47 Change in Revenues Change in Outlays Change in Surplus or Deficit 1 Inflation Is 1 Percentage Point Higher per Year 369 94 130 169 212 259 306 79 16 101 29 124 45 147 65 170 89 194 112 216 153 Less than $500 million. Source: Congressional Budget Office. I-27 TABLE I-21--PRICE LEVELS 1970-2008 Chain-type CPI-U All items Medical CPI-U-RS2 Food and Year GDP price Housing Fiscal 1 Fiscal Year (CPI-U) Care Beverage Index Year 1970 29.1 38.8 40.4 40.1 36.4 34.0 NA 1971 30.5 40.5 42.3 41.4 38.0 36.1 NA 1972 31.8 41.8 43.8 43.1 39.4 37.3 NA 1973 33.6 44.4 45.5 48.8 41.2 38.8 NA 1974 36.6 49.3 49.4 55.5 45.8 42.4 NA 1975 40.0 53.8 54.3 60.2 50.7 47.5 NA 1976 42.3 56.9 58.0 62.1 53.8 52.0 NA 1977 45.0 60.6 62.3 65.8 57.4 57.0 100.0 1978 48.2 65.2 66.3 72.2 62.4 61.8 104.3 1979 52.2 72.6 72.2 79.9 70.1 67.5 114.1 1980 57.1 82.4 80.3 86.7 81.1 74.9 126.7 1981 62.4 90.9 88.3 93.5 90.4 82.9 138.6 1982 66.3 96.5 94.5 97.3 96.9 92.5 146.8 1983 68.9 99.6 98.7 99.5 99.5 100.6 152.9 1984 71.4 103.9 102.9 103.2 103.6 106.8 159.0 1985 73.7 107.6 106.7 105.6 107.7 113.5 164.3 1986 75.3 109.6 109.3 109.1 110.9 122.0 167.3 1987 77.6 113.6 112.4 113.5 114.2 130.1 173.0 1988 80.2 118.3 117.0 118.2 118.5 138.6 179.3 1989 83.3 124.0 122.6 124.9 123.0 149.3 187.0 1990 86.5 130.7 128.7 132.1 128.5 162.8 196.3 1991 89.7 136.2 135.2 136.8 133.6 177.0 203.4 1992 91.9 140.3 139.2 138.7 137.5 190.1 208.5 1993 94.1 144.5 143.5 141.6 141.2 201.4 213.7 1994 96.0 148.2 147.3 144.9 144.8 211.0 218.2 1995 98.1 152.4 151.4 148.9 148.5 220.5 223.5 1996 100.0 156.9 155.6 153.7 152.8 228.2 229.5 1997 102.0 160.5 159.8 157.7 156.8 234.6 234.4 1998 103.2 163.0 162.4 161.1 160.4 242.1 237.7 1999 104.7 166.6 165.5 164.6 163.9 250.6 242.7 2000 106.9 172.2 170.8 168.4 169.6 260.8 250.8 2001 109.4 177.1 176.3 173.6 176.4 272.8 257.8 2002 110.7 179.9 178.9 176.7 180.3 285.6 261.9 2003 112.5 184.0 183.1 179.6 NA 299.5 NA 2004 114.4 188.0 187.0 183.6 NA 312.7 NA 2005 116.7 192.5 191.4 187.9 NA 326.1 NA 2006 119.2 197.3 196.1 192.6 NA 340.1 NA 2007 121.7 202.2 201.0 197.5 NA 354.8 NA 2008 124.4 207.3 206.0 202.4 NA 370.0 NA 1 Includes alcoholic beverages, not shown separately. 2 CPI-U-RS is the CPI research series using current methods (December 1977=100). NA - Not available. Source: Congressional Budget Office. I-28 REFERENCES Congressional Budget Office. (2003, January). The economic and budget outlook: Fiscal years 2004-2013. Washington, D.C.: U.S. Government Printing Office. Executive Office of the President (2003). Budget of the U.S. Government, fiscal year 2004 (Historical Tables). Washington, D.C.: U.S. Government Printing Office.