On October 13, 2014, the US Treasury reported in its Monthly Treasury Statement for September that the federal deficit for FY14 ending September 30 was $483 billion. Here are the numbers, including total receipts, total outlays, and deficit compared with the numbers projected in the FY 15 federal budget published in February 2014:
usfederalbudget.us now shows the new numbers for total FY14 outlays and receipts on its Estimate vs. Actual page.
The Monthly Treasury Statement includes "Table 9. Summary of Receipts by Source, and Outlays by Function of the U.S. Government, September 2014 and Other Periods". This table of outlays by function makes it possible for usgovernmentspending.com to estimate outlays by "subfunction" for FY2014 by factoring budgeted amounts by the difference between budgeted and actual "function" amounts where actual outlays by subfunction cannot be gleaned from the Monthly Treasury Statement.
Final detailed FY2014 numbers will not appear until the FY2016 federal budget is published in February 2015
| Federal Finances FY14 Outcomes | ||
|---|---|---|
| Budget billions | Outcome billions | |
| Receipts | $3,002 | $3,021 |
| Outlays | $3,651 | $3,504 |
| Deficit | $649 | $483 |
usfederalbudget.us now shows the new numbers for total FY14 outlays and receipts on its Estimate vs. Actual page.
The Monthly Treasury Statement includes "Table 9. Summary of Receipts by Source, and Outlays by Function of the U.S. Government, September 2014 and Other Periods". This table of outlays by function makes it possible for usgovernmentspending.com to estimate outlays by "subfunction" for FY2014 by factoring budgeted amounts by the difference between budgeted and actual "function" amounts where actual outlays by subfunction cannot be gleaned from the Monthly Treasury Statement.
Final detailed FY2014 numbers will not appear until the FY2016 federal budget is published in February 2015
