"Figure 1: State and Local Operating Balance Measure, as a Percentage of Gross Domestic Product" Year Operating Balance 2005 0.0 2006 0.1 2007 (0.1) 2008 (0.7) 2009 (0.9) 2010 (0.5) 2011 (0.6) 2012 (1.2) 2013 (1.6) 2014 (1.6) 2015 (1.5) 2016 (1.4) 2017 (1.2) 2018 (1.2) 2019 (1.2) 2020 (1.3) 2021 (1.3) 2022 (1.4) 2023 (1.4) 2024 (1.4) 2025 (1.5) 2026 (1.6) 2027 (1.7) 2028 (1.7) 2029 (1.8) 2030 (1.9) 2031 (1.9) 2032 (2.0) 2033 (2.1) 2034 (2.1) 2035 (2.2) 2036 (2.3) 2037 (2.4) 2038 (2.4) 2039 (2.5) 2040 (2.5) 2041 (2.6) 2042 (2.6) 2043 (2.7) 2044 (2.8) 2045 (2.9) 2046 (3.0) 2047 (3.0) 2048 (3.1) 2049 (3.2) 2050 (3.2) 2051 (3.3) 2052 (3.4) 2053 (3.4) 2054 (3.5) 2055 (3.5) 2056 (3.6) 2057 (3.7) 2058 (3.7) 2059 (3.9) 2060 (3.9)