2012 Comparison (in billions) 10-Year Comparison (in billions)

OVERVIEW Toomey CBO House Obama Toomey 10 Yr CBO 10 Yr House 10 Yr Obama 10 Yr

Outlays 3,492 3,639 3,529 3729 38,791 45,769 39,958 45,953
$$ difference (147) (36) (237) (6,978) (1,167) (7,162)
Outlays % of GDP1 21.9% 23.2% 22.5% 23.6% 18.5% (2021) 23.9% (2021) 19.9% (2021) 22.9% (2021)

Revenue 2,558 2,558 2,533 2,627 36,304 39,032 34,870 38,746

$$ difference - 25 (69) (2,728) 1,434 (2,442)
2
Revenues % of GDP 16.1% 16.3% 16.1% 16.2% 18.1% 19.9% 17.7% 19.0%

Deficits (934) (1,081) (995) (1,101) (2,487) (6,737) (5,087) (7,205)3

$$ difference 147 61 167 4,250 2,600 4,719

Debt Held by Public 11,297 11,516 11,418 11,661 12,850 18,008 16,068 18,967
Debt Held by Public
% GDP 70.9% 73.4% 72.8% 74.1% 52.7% 75.6% 67.5% 76.2%

GDP 15,936 15,693 15,693 15,813 199,812 196,138 196,138 202,241

$$ difference 243 243 123 3,674 3,673 (2,429)

1
These numbers reflect the GDP numbers listed in the last two rows of this chart
2
The Toomey budget contains nearly identical tax policies as the House budget. Differences in the percentages reflect a higher predicted GDP under the Toomey budget.
3
The president’s numbers are taken from the OMB’s budget estimates