Graph for the Day for April 30, 2011

"So, New York, that's what this debate that we're having in Washington right now is about.  Folks talk about budgets and numbers and deficits and debt.  And deficits and debt are serious, and we've got to do something about it.  But this is also a debate about values.  (Applause.)  This is also a debate about what kind of country we believe in."  President Obama, April 28, 2011.



Source:  US House of Representatives, Committee for a Responsible Federal Budget.


Hoven's Index for April 30, 2011


10-year difference between Republicans' and Obama's FY2012 budget:  $4 trillion

Estimated 2021 deficit under Obama's budget:  4.9% of GDP

Estimated 2021 deficit under Republican budget:  1.9% of GDP

Estimated 2021 debt under Obama's budget:  87% of GDP

Estimated 2021 debt under Republican budget:  69% of GDP

Estimated FY 2011 deficit:  9.3% of GDP

Estimated FY 2011 debt:  69% of GDP

Sources:  US House/CRFB and CBO.


Graph of the Day Archive.

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