After two decades of uninterrupted borrowing – including three years in which deficits surpassed 10 percent of the economy – the U.S.| Committee for a Responsible Federal Budget
NotesNotes Unless this report indicates otherwise, all years referred to are federal fiscal years, which run from October 1 to September 30 and are designated by the calendar year in which they end. Numbers in the text and tables may not add up to totals because of rounding.| Congressional Budget Office