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fred.stlouisfed.org | ||
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alfred.stlouisfed.org
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| | | | | Graph and download revisions to economic data for from Q1 1970 to Q4 2024 about public, debt, federal, and USA. | |
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alfred.stlouisfed.org
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| | | | | Graph and download revisions to economic data for from 1930 to 2023 about GDP and USA. | |
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fredblog.stlouisfed.org
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www.gao.gov
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| | | Increased federal spending in response to COVID-19, as well as rising interest rates, have added to our nation's financial woes. At $2.8 trillion, the FY 2021 budget deficit was the second largest in history-just short of the FY 2020 deficit of $3.1 trillion. These historically large deficits were due primarily to the economic disruptions caused by COVID-19-which decreased revenues in FY 2020-and the additional spending by the federal government in response to help the nation recover from the pandemic. | ||
