U.S. Federal Fiscal Deficit

U.S. Federal Fiscal Deficit This year, the U.S. federal fiscal deficit will be the highest since 1943, thanks to the coronavirus pandemic. Image: Morgan Stanley Research

U.S. Treasury Federal Deficit or Surplus

U.S. Treasury Federal Deficit or Surplus The U.S. federal government’s budget deficit under President Donald Trump is on track for $1.1 trillion this year. Image: The Daily Shot – The Wall Street Journal

Federal Debt Held by Public and Annual U.S. Deficit

Federal Debt Held by Public and Annual U.S. Deficit The U.S. budget deficit may quadruple in 2020 to almost $4 trillion, and the stimulus will take the U.S. national debt to wartime levels. Image: Bloomberg

U.S. and Euro Area GDP Loss and Deficit to GDP

U.S. and Euro Area GDP Loss and Deficit to GDP The peak-to-trough decline in U.S. and EA GDP is expected to be more than twice as large as during the global financial crisis. Image: Deutsche Bank Research

U.S. Fiscal Stimulus and Deficit

U.S. Fiscal Stimulus and Deficit This chart suggests that the fiscal stimulus will amount to 18% of GDP in 2020 and 11% next year. Image: Goldman Sachs Global Investment Research

Debt and Deficits in Euro Area and U.S.

Debt and Deficits in Euro Area and U.S. Debt and deficits in the euro area and in the United States are expected to increase significantly. Image: Deutsche Bank Research

U.S. Deficit Projection

U.S. Deficit Projection Chart suggesting that the next recession could boost the U.S. deficit to unprecedented levels. Image: Piper Sandler