The Mid-Year Budget Update


Tuesday July 31st, 2012   •   Posted by Craig Eyermann at 2:29pm PDT   •  

There’s an old American saying “a picture is worth a thousand words“. Putting that saying to the test, the picture below tells us the major points we need to know about the officially projected future White House’s recently released Mid-Session Review of the Budget of the United States government for the next ten years:

Projected U.S. Government Spending and Tax Collections, 2012 - 2022

Beats reading through 61 pages of text and tables!

Data Source:

White House Office of Management and Budget. Fiscal Year 2013 Mid-Session Review Budget of the United States Government. 27 July 2012.




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