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  1. Mar 28, 2023 · The Federal Budget in Fiscal Year 2022: An Infographic. March 28, 2023. Graphic. The federal deficit in 2022 was $1.4 trillion, equal to 5.5 percent of gross domestic product, almost 2 percentage points greater than the average over the past 50 years.

  2. 1. THE BUDGET MESSAGE OF THE PRESIDENT. T. o The. C. ongress of The. U. niTed. s. TaTes: Where we choose to invest speaks to what we value as a Nation. This year’s Budget, the first of my ...

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  3. 2022 5.5% of GDP Debt held by the public, on average, over the past 50 years 46.9% of GDP Deficit in 2022 $1.4 Trillion Debt held by the public at the end of 2022 97.0% of GDP Federal Deficits or Surpluses, 1973 to 2022 Percentage of GDP To fund government spending in years of deficits, the Treasury borrows from individuals, businesses, the

  4. Results in Brief . The “Nation by the Numbers” table on the preceding page and the following summarize key metrics about the federal government’s financial position for and during FY 2022: The budget deficit decreased by $1.4 trillion (50.4 percent) to $1.4 trillion and net operating cost increased by $1.1 trillion (34.8 percent) to $4.2 trillion.

  5. The Budget also calls on Congress to take action this year to lower prescription drug costs and expand and improve health coverage. Alongside these necessary investments, the Budget proposes long ...

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  7. May 28, 2021 · About the Budget of the United States Government. Issued by the Office of Management and Budget (OMB), the Budget of the United States Government is a collection of documents that contains the budget message of the President, information about the President's budget proposals for a given fiscal year, and other budgetary publications that have ...

  8. Mar 28, 2023 · View CBO’s budget infographics to see how much the federal government spent and took in during fiscal year 2022, as well as broader trends in the budget over the past few decades. CBO Releases Infographics About the Federal Budget in Fiscal Year 2022 | Congressional Budget Office

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