Using onlygov Websites report the current GDP the current Fe

Using only.gov Websites report the current GDP, the current Federal deficit, the current Federal debt, the bottom line of the current (last) budget approved by Congress (surplus or shortage). Note that the fiscal year for the federal government is October 1 – September 31. What inference can you draw from the numbers collected?

Solution

The current GDP for 2015 Q3 is $18060.2 trillion in current terms at seasonally adjusted annual rates.

(http://www.bea.gov/national/index.htm#gdp)

The Federal Deficit as of January (projected) is $544 billion (https://www.cbo.gov/topics/budget)

The deficit in the recent times have gone down showing that the economy is reducing the debt burden.

Total current public debt as on $18.934 trillion. The current debt is on the higher side. (http://treasurydirect.gov/NP/debt/current)