Graficos de Deuda USA

8/7/2019 Graficos de Deuda USA

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U.S. Government Finances

THE CONTRARIAN TAKE @http://blogs.forbes.com/michaelpollaro/


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Page

Summary Table Government Receipts, Outlays, Deficit and Debt 1960 to Present 3

Monthly Chartwork Government Receipts, Outlays, Deficit and Debt 2000 to Present

3 and 12 Month Moving Totals at Annual Rates, NSA

Receipts, Outlays and Deficit 4-5Gross and Public Held Treasury Debt New Issuance v Outstandings 6-8

Coverage Ratios on 12 Month Moving Totals

Receipts to Outlays 9-10

Gross Treasury Debt to Receipts 11-12

Economic Burden Ratios on 12 Month Moving Totals

Outlays to GDP 13-14

Deficit to GDP 15

Gross Treasury Debt to GDP 16-17

Public Held Treasury Debt to Private National Savings 18-21

Long Term Fiscal Year Chartwork 1960 to Present

Government Receipts, Outlays, Deficit and Debt

Receipts, Outlays and Deficit 22-23

Gross, Agency/Trust and Public Held Treasury Debt New Issuance v Outstandings 24-30

Gross Interest Cost

Gross Interest Cost v Gross Debt Outstanding 31-32

Analysis of Determinants of Gross Interest Cost 33-38Coverage Ratios

Receipts to Outlays 39-40

Gross Treasury Debt to Receipts 41-42

Receipts to Gross Interest 43-44

Economic Burden Ratios

Outlays to GDP 45-46

Deficit to GDP 47

Gross Treasury Debt to GDP 48-49Public Held Treasury Debt to Private National Savings 50-53

U.S. Government Finances

THE CONTRARIAN TAKE @http://blogs.forbes.com/michaelpollaro/

Table of Contents


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THE CONTRARIAN TAKE @ http://blogs.forbes.com/michaelpollaro/

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0

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0

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3000000

3500000

4000000

Deficit$Millions

Receipts/O

utlays$Millions

US Government Receipts Outlays Deficit3 and 12 Month $ Totals

$12mo Deficit $3mo Receipts $3mo Outlays $12mo Receipts $12mo Outlays


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-10

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0

5

10

15

20

25

Deficit$Millions

Receipts/Outlays%YoY

US Government Receipts Outlays Deficit% Change YoY 12 Month $ Totals Receipts Outlays v Deficit

$12mo Deficit %YoY Receipts %YoY Outlays


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0

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2500000

0

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4000000

6000000

8000000

10000000

12000000

14000000

16000000

GrossNewIssuance$Millions

GrossD

ebt$Millions

US Government Gross Treasury Debt12 Month $ New Issuance Totals vs Outstandings

$12mo Gross Debt Gross Debt


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0

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1000000

1500000

2000000

2500000

0

2000000

4000000

6000000

8000000

10000000

12000000

PublicNewIssuance$Millions

PublicHeldDebt$Millions

US Government Public Held Treasury Debt12 Month $ New Issuance Totals vs Outstandings

$12mo Held Public Held Public


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4000000

6000000

8000000

10000000

12000000

14000000

16000000

-15

-10

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0

5

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15

20

25

30

35

40

GrossandPub

licHeldebt$Millions

GrossandPublicHeldDebt%YoY

US Government Gross and Public Held Treasury Debt% Change YoY Outstandings

Held Public Gross Debt %YoY Gross Debt %YoY Held Public


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0.20

0.40

0.60

0.80

1.00

1.20

1.40

0

500000

1000000

1500000

2000000

2500000

3000000

3500000

4000000

RatioRec

eiptstoOutlays

Outlay

s$Millions

US Government Coverage Ratios

12 Month Totals Receipts to Outlays

Receipts to Outlays $12mo Outlays


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0.00

0.20

0.40

0.60

0.80

1.00

1.20

1.40

-5

0

5

10

15

20

25

RatioRece

iptstoOutlays

Outlays%YoY

US Government Coverage Ratios12 Month Totals Receipts to Outlays

Receipts to Outlays %YoY Outlays


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0.00

1.00

2.00

3.00

4.00

5.00

6.00

7.00

0

2000000

4000000

6000000

8000000

10000000

12000000

14000000

16000000

RatioGross

DebttoReceipts

GrossD

ebt$Millions


Gross Treasury Debt to 12 Month Totals Receipts

Gross Debt to Receipts Gross Debt


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0.00

1.00

2.00

3.00

4.00

5.00

6.00

7.00

-5

0

5

10

15

20

25

RatioGross

DebttoReceipts

GrossDebt%YoY


Gross Treasury Debt to 12 Month Totals Receipts

Gross Debt to Receipts %YoY Gross Debt


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0

5

10

15

20

25

30

0

500000

1000000

1500000

2000000

2500000

3000000

3500000

4000000

%Outla

ystoGDP

Outlays

$Millions

US Government Economic Burden Ratios

Size of Government12 Month Totals Outlays to GDP

% Outlays to GDP $12mo Outlays


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0

5

10

15

20

25

30

-5

0

5

10

15

20

25

%Outla

ystoGDP

Outlay

s%YoY


Size of Government12 Month Totals Outlays to GDP

% Outlays to GDP %YoY Outlays


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-12

-10

-8

-6

-4

-2

0

2

4

-1600000

-1100000

-600000

-100000

400000

%DeficittoGDP

Deficit$Millions


Size of Government12 Month Totals Deficit to GDP

% Deficit to GDP $12mo Deficit


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0

20

40

60

80

100

120

0

2000000

4000000

6000000

8000000

10000000

12000000

14000000

16000000

GrossDe

bttoGDP%

GrossDe

bt$Millions


Government Take of National Income12 Month Totals Gross Debt to GDP

% Gross Debt to GDP Gross Debt


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0

20

40

60

80

100

120

-5

0

5

10

15

20

25

GrossDe

bttoGDP%

GrossD

ebt%YoY


Government Take of National Income12 Month Totals Gross Debt to GDP

% Gross Debt to GDP %YoY Gross Debt


18/53


-100

-50

0

50

100

150

200

250

300

-500000

0

500000

1000000

1500000

2000000

2500000

PublicNewIssuancetoSavings%

PublicNewIs

suance$Millions


Government Take of National Savings12 Month Totals Public Debt New Issuance to Gross (GPS) and Net (NPS) Private Savings

% Public NI to NPS % Public NI to GPS $12mo Held Public


19/53


-100

-50

0

50

100

150

200

250

300

-10

-5

0

5

10

15

20

25

30

35

40


PublicNew

Issuance%YoY


Government Take of National Savings12 Month Totals Public Debt New Issuance to Gross (GPS) and Net (NPS) Private Savings

% Public NI to NPS % Public NI to GPS %YoY Held Public


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200

400

600

800

1000

1200

-10

-5

0

5

10

15

20

25

30

35

40

PublicHeldD

ebttoSavings%

PublicHeldDebt%YoY


Government Take of National Savings12 Month Totals Public Debt to Gross (GPS) and Net (NPS) Private Savings

% Public Debt to NPS % Public Debt to GPS %YoY Held Public


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0

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2000000

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3500000

4000000

Defic

it$Millions

Receipts/O

utlays$Millions

US Government Receipts Outlays Deficit

Annual Fiscals

Deficit Receipts Outlays


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-10

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0

5

10

15

20

25

Defic

it$Millions

Receipts/

Outlays%YoY

US Government Receipts Outlays Deficit

% Change YoY Annual Fiscal Recepits Outlays vs Deficit

Deficit %YoY Receipts %YoY Outlays


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0

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0

2000000

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10000000

12000000

14000000

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GrossNewIssuance$Millions

GrossD

ebt$Millions

US Government Gross Treasury Debt

Annual Fiscal New Issuance vs Outstandings

$12mo Gross Debt Gross Debt


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0

5

10

15

20

25

0

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14000000

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GrossDebt%YoY

GrossD

ebt$Millions

US Government Gross Treasury Debt

% Change YoY Outstandings

%YoY Gross Debt Gross Debt


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0

100000

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5000000

AgencyNewIssuance$Millions

Agency/Tru

stDebt$Millions

US Government Agency/Trust Held Treasury Debt


$12mo Agency/Trust Held Agency/Trust


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0

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10

15

20

25

0

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5000000

Agency/TrustDebt%YoY

Agency/Tru

stDebt$Millions

US Government Agency/Trust Held Treasury Debt

% Change YoY Outstandings

%YoY Agency/Trust Held Agency/Trust


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1000000

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10000000



US Government Public Held Treasury Debt


$12mo Held Public Held Public


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-10

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0

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20

25

30

35

40

0

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9000000

10000000

PublicHeldDebt%YoY



% YoY Change Outstandings

%YoY Held Public Held Public


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-10

-5

0

5

10

15

20

25

30

35

Deb

t%YoY

Composition of US Government Treasury Debt

% YoY Change Outstandings by Holder

%YoY Held Public %YoY Agency/Trust %YoY Gross Debt


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0

50000

100000

150000

200000

250000

300000

350000

400000

450000

500000

0

2000000

4000000

6000000

8000000

10000000

12000000

14000000

16000000

GrossInterest$Millions

GrossD

ebt$Millions

US Government Gross Interest Cost

Annual Fiscal Interest Cost vs Debt Outstandings

Gross Interest Gross Debt


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0

10

20

30

40

0

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4000000

6000000

8000000

10000000

12000000

14000000

16000000

GrossIn

terest%YoY

GrossDebt$Millions


% Change YoY Annual Fiscal Interest Cost vs Debt Outstandings

%YoY Gross Interest Gross Debt


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6.00

8.00

10.00

12.00

0

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4000000

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8000000

10000000

12000000

14000000

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YrstoMaturityPublicHeldDebt/%GrossInterestRate%

GrossD

ebt$Millions


Determinants of Interest Costs on Debt Outstanding

Gross Interest Rate % Average Yrs to Maturity Gross Debt


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2.00

4.00

6.00

8.00

10.00

12.00

0

5

10

15

20

25

YrstoMaturityPublicHeldDebt/%GrossInterestRate%

GrossDebt%YoY


Determinants of Interest Costs on Debt Outstanding

Gross Interest Rate % Average Yrs to Maturity %YoY Gross Debt


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2.00

4.00

6.00

8.00

10.00

12.00

0

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4000000

6000000

8000000

10000000

12000000

14000000

16000000

GrossIn

terestRate%

GrossD

ebt$Millions


Annual Fiscal Interest Cost Rate vs Debt Outstandings

Gross Interest Rate % Gross Debt


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2.00

4.00

6.00

8.00

10.00

12.00

0

5

10

15

20

25

GrossInterestRate%

Gross

Debt%YoY


Annual Fiscal Interest Cost Rate vs % YoY Change Debt Outstandings

Gross Interest Rate % %YoY Gross Debt


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2

4

6

8

10

0

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2000000

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9000000

10000000

YearstoMaturity



Average Years to Maturity vs Debt Outstandings

Average Yrs to Maturity Held Public


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0

2

4

6

8

10

-10

-5

0

5

10

15

20

25

30

35

YearstoMaturity

PublicH

eldDebt%YoY


Average Years to Maturity vs % YoY Change Debt Outstandings

Average Yrs to Maturity %YoY Held Public


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0.20

0.40

0.60

0.80

1.00

1.20

0

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1000000

1500000

2000000

2500000

3000000

3500000

4000000

RatioRe

ceiptstoOutlays

Outla

ys$Millions


Receipts to Outlays

Receipts to Outlays Outlays


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0.00

0.20

0.40

0.60

0.80

1.00

1.20

-5

0

5

10

15

20

25

RatioRe

ceiptstoOutlays

Out

lays%YoY


Receipts to Outlays

Receipts to Outlays %YoY Outlays


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0.00

1.00

2.00

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5.00

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7.00

0

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4000000

6000000

8000000

10000000

12000000

14000000

16000000

RatioGros

sDebttoReceipts

GrossDebt$Millions


Gross Treasury Debt to Receipts

Gross Debt to Receipts Gross Debt


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0.00

1.00

2.00

3.00

4.00

5.00

6.00

7.00

0

5

10

15

20

25

RatioGros

sDebttoReceipts

GrossDebt%YoY


Gross Treasury Debt to Receipts

Gross Debt to Receipts %YoY Gross Debt


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0.00

2.00

4.00

6.00

8.00

10.00

12.00

-20

-15

-10

-5

0

5

10

15

20

25

30

35

RatioReceip

tstoGrossInterest

GrossInte

restCost%YoY


Receipts to Gross Interest Cost

Receipts to Gross Interest %YoY Gross Interest


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0

5

10

15

20

25

30

-5

0

5

10

15

20

25

%Out

laystoGDP

Outla

ys%YoY


Size of GovernmentOutlays to GDP

% Outlays to GDP %YoY Outlays


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0

10

20

30

40

50

60

70

80

90

100

0

5

10

15

20

25

GrossD

ebttoGDP%

Gross

Debt%YoY


Government Take of National IncomeGross Debt to GDP

% Gross Debt to GDP %YoY Gross Debt


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0

50

100

150

200

250

-500000

0

500000

1000000

1500000

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PublicNewIss

uancetoSavings%



Government Take of National SavingsPublic Debt New Issuance to Gross (GPS) and Net (NPS) Private Savings

% Public NI to NPS % Public NI to GPS $12mo Held Public


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-100

-50

0

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-10

-5

0

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PublicNew

Issuance%YoY


Government Take of National SavingsPublic Debt New Issuance to Gross (GPS) and Net (NPS) Private Savings

% Public NI to NPS % Public NI to GPS %YoY Held Public


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200

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0

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PublicHeldDebttoSavings%



Government Take of National SavingsPublic Debt to Gross (GPS) and Net (NPS) Private Savings

% Public Debt to NPS % Public Debt to GPS Held Public


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200

400

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800

1000

1200

-10

-5

0

5

10

15

20

25

30

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PublicHeldDebttoSavings%

PublicHeldDebt%YoY


Government Take of National SavingsPublic Debt to Gross (GPS) and Net (NPS) Private Savings

% Public Debt to NPS % Public Debt to GPS %YoY Held Public

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