 The Obama administration 's budget request contained $ 2 @.@ 627 trillion in revenues and $ 3 @.@ 729 trillion in outlays ( expenditures ) for 2012 , for a deficit of $ 1 @.@ 101 trillion . The April 2011 Republican plan contained $ 2 @.@ 533 trillion in revenues and $ 3 @.@ 529 trillion in outlays , for a deficit of $ 0 @.@ 996 trillion . The enacted budget contained $ 2 @.@ 469 trillion in receipts and $ 3 @.@ 796 trillion in outlays , for a deficit of $ 1 @.@ 327 trillion . 
