How big was the federal budget in 2012?

2012 Budget of the United States federal government

Submitted

February 14, 2011 [1]

Submitted by

Barack Obama

Submitted to

112th Congress

Passed

November 18, 2011 (Pub. L. 112-55)

December 23, 2011 (Pub. L. 112-74 and Pub. L. 112-77)

Total revenue

$2.627 trillion (requested)

$2.45 trillion (actual) [2]

15.3% of GDP (actual) [3]

Total expenditures

$3.729 trillion (requested)

$3.537 trillion (actual) [2]

22.1% of GDP (actual) [3]

Deficit

$1.101 trillion (requested)

7.0% of GDP

$1.087 trillion (actual) [2]

6.8% of GDP (actual) [3]

Debt

$16.65 Trillion (requested)

105.3% of GDP

$16.05 Trillion (actual)

100.2% of GDP [4]

GDP

$16.026 trillion[3

1.1 trillion