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Understanding the chart
Bill Clinton was President for the budgets of fiscal years 1994-2001. CBO historical tables track the change in GDP from major categories of revenue and expense. The waterfall chart covers how they changed. For example:
- Income tax revenue rose from 7.5% GDP in 1994 to 9.4% GDP in 2001, a 1.9% GDP change that reduced the deficit / contributed towards surplus.
- Defense spending fell from 3.9% GDP in 1994 to 2.9% GDP in 2001, a 1.0% GDP change that reduced the deficit / contributed towards surplus.[1]
References
Summary
| Description |
English: Waterfall chart shows cause of change from deficit in 1994 to surplus in 2001, measured as a % GDP. |
| Date | |
| Source | Own work |
| Author | Farcaster |
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| Date/Time | Thumbnail | Dimensions | User | Comment | |
|---|---|---|---|---|---|
| current | 06:08, 8 July 2017 | | 1,234 × 720 (55 KB) | Farcaster | User created page with UploadWizard |
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