President’s Fiscal 2014 Budget: Graphics

The Editors | April 10, 11:45 am

President Barack Obama says his  budget would cut the deficit to $744 billion next year, down from over a trillion in fiscal 2012. Driven by the costs of mandatory programs, outlays are expected to rise to $3.8 trillion in 2014 but fall as a share of GDP to 22.2 percent, the lowest level since 2008. And after dipping during the recession, revenue is expected to grow steadily but stay below 20 percent of GDP.

Budget tables are available here.

Interactive by Ted Benson and Sarah Vanderbilt

About the Data

Data is from the historical tables of the president’s budget, released Wednesday morning.

The effects of the sequester are not accounted for in the budget because the president has proposed replacing the sequester with alternative savings. At the time the President’s 2014 Budget request was developed, none of the full-year appropriations bills for 2013 was enacted, so 2013 figures in this year’s historical tables are based on the policies put forward in the president’s fiscal 2013 request.