America's Fiscal Constitution (89 page)

NOTES

1
. Receipts and expenditures are for fiscal years (see note 1 of Appendix A). GDP figures are for calendar year. GDP for 1789–1791 only includes data for 1790 and 1791.

2
. For 1789–1933, see Department of the Treasury,
Statistical Appendix
(1970), 8–13. For 1934–2011, see OMB, Historical Tables, “Table 1.4—Receipts, Outlays, and Surpluses or Deficits (-) by Fund Group: 1934–2018.” Figures for 2013 appear as estimates.

3
. For 1789–1933, see Department of the Treasury,
Statistical Appendix
(1970), 8–13. For 1934–2011, see OMB, Historical Tables, “Table 1.4—Receipts, Outlays, and Surpluses or Deficits (-) by Fund Group: 1934–2018.” Figures for 2013 appear as estimates.

4
. See Appendix B, note 3.

A
PPENDIX
D

Foreign Holdings of US Debt, 1976–2011

[Billions of dollars, $US]