Federal government current expenditures under Jimmy Carter
What the federal government spends, in the dollars of the day.
Over 1977-01-20 to 1981-01-19, measured in Billions of Dollars:
- Term average
- 536.22 Billions of Dollars
- At the start
- 428.84 Billions of Dollars
- At the end
- 680.24 Billions of Dollars
- Change
- +251.41 Billions of Dollars
- Low
- 428.84 Billions of Dollars (1977-04-01)
- High
- 680.24 Billions of Dollars (1981-01-01)
- Coverage
- 100% (16 observations)
Reading this series over a presidential term
Nominal dollars again: inflation and population growth push it up regardless of policy. As a share of GDP it would be comparable across decades; as dollars it is not.
Most of it is not discretionary. Benefit programs, set by law long ago, dominate the total, and they rise automatically with the retired population and with prices.
These are the observed values over the window above, and nothing more. This site does not say which direction is better, and none of this is a claim that Jimmy Carter caused the number to move.
What Federal government current expenditures measures · Jimmy Carter: the whole record · Chart it · Compare with another president · The source at FRED