[Historical Tables]
[Section 14 - Federal Sector Transactions in the National Income and Product Accounts]
[Table 14.1 - Federal Transactions in the National Income and Product Accounts for Federal Fiscal Years: 1947-1999]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
                    Table 14.1--FEDERAL TRANSACTIONS IN THE NATIONAL INCOME AND PRODUCT ACCOUNTS FOR FEDERAL FISCAL YEARS: 1947-1999                    
                                                                (in billions of dollars)                                                                
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                          1947       1948       1949       1950       1951       1952       1953       1954       1955  
--------------------------------------------------------------------------------------------------------------------------------------------------------
                       Receipts                                                                                                                         
Personal tax and nontax receipts.....................      18.8       20.0       16.3       16.5       23.2       28.8       31.4       30.3       29.7 
Corporate profits tax accruals.......................      10.6       11.2       10.8       11.8       21.7       19.4       19.7       17.3       18.9 
Indirect business tax and nontax accruals............       8.0        8.0        8.2        8.3        9.5        9.8       10.8       10.4       10.1 
Social insurance receipts............................       6.8        5.3        5.5        5.9        7.0        7.7        8.0        8.3        9.2 
                                                      --------------------------------------------------------------------------------------------------
  Total receipts.....................................      44.1       44.5       40.7       42.5       61.5       65.6       69.9       66.3       68.0 
                                                      ==================================================================================================
                     Expenditures                                                                                                                       
Consumption expenditures.............................      23.2       20.1       23.6       22.6       26.7       40.1       47.7       46.6       42.7 
  Defense............................................     (20.2)     (16.6)     (17.4)     (16.3)     (22.9)     (35.4)     (41.4)     (39.7)     (36.1)
  Nondefense.........................................      (2.9)      (3.5)      (6.2)      (6.3)      (3.8)      (4.7)      (6.4)      (6.9)      (6.6)
Transfer payments....................................      10.1       11.3       13.1       15.7       11.3       11.2       11.4       12.2       14.3 
  Domestic (``to persons'')..........................      (8.2)      (8.7)      (8.1)     (11.3)      (8.1)      (8.5)      (9.3)     (10.5)     (12.1)
  Foreign............................................      (1.9)      (2.6)      (5.0)      (4.3)      (3.2)      (2.6)      (2.1)      (1.7)      (2.1)
Grants to State and local governments................       1.5        1.8        2.1        2.4        2.4        2.5        2.8        2.9        3.0 
Net interest paid....................................       4.0        4.1        4.2        4.3        4.4        4.5        4.5        4.6        4.6 
Subsidies less current surplus of government                                                                                                            
 enterprises.........................................       0.7        0.5        0.7        0.8        1.2        1.0        0.8        0.6        0.6 
  Subsidies..........................................      (N/A)      (N/A)      (N/A)      (N/A)      (N/A)      (N/A)      (N/A)      (N/A)      (N/A)
  Current surplus (-) or deficit.....................      (N/A)      (N/A)      (N/A)      (N/A)      (N/A)      (N/A)      (N/A)      (N/A)      (N/A)
Wage disbursements less accruals.....................  .........  .........  .........  .........        -*         -*          *          *       -0.1 
                                                      --------------------------------------------------------------------------------------------------
  Total expenditures.................................      39.4       37.8       43.7       45.8       46.0       59.2       67.2       67.0       65.0 
                                                      ==================================================================================================
  Surplus or deficit (-), NIPA basis.................       4.7        6.7       -2.9       -3.4       15.5        6.4        2.7       -0.7        2.9 
--------------------------------------------------------------------------------------------------------------------------------------------------------
See footnotes at end of table.                                                                                                                          


               Table 14.1--FEDERAL TRANSACTIONS IN THE NATIONAL INCOME AND PRODUCT ACCOUNTS FOR FEDERAL FISCAL YEARS: 1947-1999--Continued              
                                                                (in billions of dollars)                                                                
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                          1956       1957       1958       1959       1960       1961       1962       1963       1964  
--------------------------------------------------------------------------------------------------------------------------------------------------------
                       Receipts                                                                                                                         
Personal tax and nontax receipts.....................      33.6       36.7       36.3       38.1       42.4       43.5       47.2       49.5       50.5 
Corporate profits tax accruals.......................      21.5       20.8       17.9       21.5       22.2       20.2       22.6       23.2       25.7 
Indirect business tax and nontax accruals............      10.9       11.8       11.7       12.0       13.3       13.4       14.3       15.1       15.7 
Social insurance receipts............................      10.8       12.3       12.9       14.6       17.5       19.0       20.9       23.2       25.0 
                                                      --------------------------------------------------------------------------------------------------
  Total receipts.....................................      76.9       81.6       78.8       86.2       95.5       96.1      104.9      111.0      116.8 
                                                      ==================================================================================================
                     Expenditures                                                                                                                       
Consumption expenditures.............................      45.3       47.1       50.1       51.7       51.3       52.7       55.9       60.1       63.6 
  Defense............................................     (38.2)     (40.9)     (43.7)     (42.9)     (41.9)     (43.7)     (46.3)     (48.1)     (50.2)
  Nondefense.........................................      (7.1)      (6.1)      (6.4)      (8.7)      (9.4)      (9.0)      (9.6)     (12.0)     (13.3)
Transfer payments....................................      14.7       16.3       19.6       21.7       22.4       25.7       27.2       28.5       29.6 
  Domestic (``to persons'')..........................     (12.8)     (14.4)     (17.8)     (19.9)     (20.6)     (23.6)     (25.1)     (26.5)     (27.4)
  Foreign............................................      (1.9)      (1.9)      (1.8)      (1.8)      (1.8)      (2.1)      (2.1)      (2.0)      (2.2)
Grants to State and local governments................       3.2        3.7        4.7        6.2        6.9        6.9        7.6        8.3        9.8 
Net interest paid....................................       4.8        5.3        5.4        5.6        6.8        6.4        6.4        7.1        7.7 
Subsidies less current surplus of government                                                                                                            
 enterprises.........................................       0.7        1.7        1.5        1.5        1.4        2.0        2.7        2.7        2.8 
  Subsidies..........................................      (N/A)      (N/A)      (N/A)      (N/A)      (1.2)      (1.6)      (2.2)      (2.3)      (2.5)
  Current surplus (-) or deficit.....................      (N/A)      (N/A)      (N/A)      (N/A)      (0.2)      (0.5)      (0.4)      (0.4)      (0.2)
Wage disbursements less accruals.....................       0.1   .........      -0.3        0.3   .........  .........  .........  .........  .........
                                                      --------------------------------------------------------------------------------------------------
  Total expenditures.................................      68.7       74.1       80.9       87.0       88.7       93.7       99.8      106.7      113.4 
                                                      ==================================================================================================
  Surplus or deficit (-), NIPA basis.................       8.1        7.6       -2.1       -0.7        6.7        2.4        5.2        4.3        3.5 
--------------------------------------------------------------------------------------------------------------------------------------------------------
See footnotes at end of table.                                                                                                                          


[[Page 263]]


               Table 14.1--FEDERAL TRANSACTIONS IN THE NATIONAL INCOME AND PRODUCT ACCOUNTS FOR FEDERAL FISCAL YEARS: 1947-1999--Continued              
                                                                (in billions of dollars)                                                                
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                          1965       1966       1967       1968       1969       1970       1971       1972       1973  
--------------------------------------------------------------------------------------------------------------------------------------------------------
                       Receipts                                                                                                                         
Personal tax and nontax receipts.....................      51.2       57.3       64.2       71.1       89.8       93.6       87.5      100.1      107.1 
Corporate profits tax accruals.......................      27.1       30.8       30.4       32.8       36.8       32.9       32.0       34.3       40.4 
Indirect business tax and nontax accruals............      17.0       15.6       15.9       17.3       18.8       19.4       20.1       20.0       20.9 
Social insurance receipts............................      26.0       30.2       37.7       40.6       46.9       52.0       56.8       64.0       77.2 
                                                      --------------------------------------------------------------------------------------------------
  Total receipts.....................................     121.4      134.0      148.2      161.9      192.4      197.9      196.5      218.5      245.6 
                                                      ==================================================================================================
                     Expenditures                                                                                                                       
Consumption expenditures.............................      64.0       71.8       84.0       92.9       98.2      101.1      102.0      107.6      111.5 
  Defense............................................     (49.7)     (56.1)     (67.1)     (75.6)     (78.8)     (79.9)     (79.2)     (81.1)     (82.7)
  Nondefense.........................................     (14.3)     (15.6)     (16.9)     (17.3)     (19.4)     (21.2)     (22.8)     (26.6)     (28.8)
Transfer payments....................................      30.5       34.0       39.3       44.8       50.9       57.1       70.2       79.2       90.1 
  Domestic (``to persons'')..........................     (28.4)     (31.8)     (37.2)     (42.9)     (48.9)     (55.3)     (68.1)     (76.5)     (87.6)
  Foreign............................................      (2.1)      (2.2)      (2.0)      (2.0)      (2.0)      (1.8)      (2.1)      (2.6)      (2.5)
Grants to State and local governments................      10.9       12.7       14.8       17.8       19.2       22.6       26.8       32.6       40.4 
Net interest paid....................................       8.2        8.7        9.6       10.4       12.0       13.5       14.1       14.0       15.7 
Subsidies less current surplus of government                                                                                                            
 enterprises.........................................       3.2        3.5        4.8        4.3        4.7        5.4        7.0        6.6        8.8 
  Subsidies..........................................      (2.8)      (3.1)      (4.2)      (3.7)      (4.2)      (4.4)      (5.3)      (5.3)      (7.4)
  Current surplus (-) or deficit.....................      (0.3)      (0.5)      (0.7)      (0.5)      (0.4)      (1.0)      (1.7)      (1.3)      (1.4)
Wage disbursements less accruals.....................  .........  .........  .........  .........  .........      -0.1        0.1   .........      -0.5 
                                                      --------------------------------------------------------------------------------------------------
  Total expenditures.................................     116.7      130.7      152.5      170.2      184.9      199.5      220.1      240.0      265.9 
                                                      ==================================================================================================
  Surplus or deficit (-), NIPA basis.................       4.6        3.3       -4.3       -8.3        7.5       -1.6      -23.6      -21.6      -20.3 
--------------------------------------------------------------------------------------------------------------------------------------------------------
See footnotes at end of table.                                                                                                                          


               Table 14.1--FEDERAL TRANSACTIONS IN THE NATIONAL INCOME AND PRODUCT ACCOUNTS FOR FEDERAL FISCAL YEARS: 1947-1999--Continued              
                                                                (in billions of dollars)                                                                
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                          1974       1975       1976       1977       1978       1979       1980       1981       1982  
--------------------------------------------------------------------------------------------------------------------------------------------------------
                       Receipts                                                                                                                         
Personal tax and nontax receipts.....................     122.3      127.1      136.5      165.2      185.5      221.6      249.1      287.9      308.4 
Corporate profits tax accruals.......................      43.5       42.3       51.7       59.8       67.4       75.3       70.4       69.3       51.6 
Indirect business tax and nontax accruals............      21.7       22.5       24.6       25.0       27.9       29.9       36.2       54.3       51.5 
Social insurance receipts............................      91.1      101.6      112.5      131.0      148.4      170.2      190.9      222.0      242.2 
                                                      --------------------------------------------------------------------------------------------------
  Total receipts.....................................     278.6      293.5      325.2      381.0      429.2      497.0      546.7      633.5      653.7 
                                                      ==================================================================================================
                     Expenditures                                                                                                                       
Consumption expenditures.............................     116.6      130.6      138.8      152.0      165.5      181.2      207.5      239.0      263.7 
  Defense............................................     (86.2)     (94.0)     (99.3)    (107.5)    (116.2)    (126.9)    (145.3)    (168.6)    (192.2)
  Nondefense.........................................     (30.4)     (36.6)     (39.5)     (44.4)     (49.3)     (54.4)     (62.2)     (70.4)     (71.6)
Transfer payments....................................     105.2      135.2      157.4      170.5      182.8      202.5      239.7      279.8      311.9 
  Domestic (``to persons'')..........................    (102.3)    (131.9)    (154.3)    (167.1)    (179.3)    (198.5)    (235.4)    (274.6)    (305.6)
  Foreign............................................      (2.9)      (3.3)      (3.1)      (3.4)      (3.5)      (4.0)      (4.3)      (5.2)      (6.3)
Grants to State and local governments................      41.6       48.4       57.5       66.3       74.7       79.1       86.7       90.1       83.4 
Net interest paid....................................      19.6       21.7       25.1       28.5       33.1       40.2       50.1       66.1       81.8 
Subsidies less current surplus of government                                                                                                            
 enterprises.........................................       7.6        7.5        8.1        9.2       11.6       11.7       13.0       15.2       17.7 
  Subsidies..........................................      (5.4)      (4.4)      (5.0)      (6.3)      (8.9)      (9.6)      (9.3)     (11.7)     (13.5)
  Current surplus (-) or deficit.....................      (2.3)      (3.1)      (3.1)      (2.9)      (2.8)      (2.1)      (3.7)      (3.5)      (4.2)
Wage disbursements less accruals.....................       0.1        0.3       -0.1       -0.1       -0.1          *   .........      -0.1          * 
                                                      --------------------------------------------------------------------------------------------------
  Total expenditures.................................     290.8      343.7      386.8      426.4      467.5      514.8      597.0      690.1      758.5 
                                                      ==================================================================================================
  Surplus or deficit (-), NIPA basis.................     -12.1      -50.2      -61.5      -45.3      -38.3      -17.8      -50.3      -56.6     -104.8 
--------------------------------------------------------------------------------------------------------------------------------------------------------
See footnotes at end of table.                                                                                                                          


[[Page 264]]


               Table 14.1--FEDERAL TRANSACTIONS IN THE NATIONAL INCOME AND PRODUCT ACCOUNTS FOR FEDERAL FISCAL YEARS: 1947-1999--Continued              
                                                                (in billions of dollars)                                                                
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                          1983       1984       1985       1986       1987       1988       1989       1990       1991  
--------------------------------------------------------------------------------------------------------------------------------------------------------
                       Receipts                                                                                                                         
Personal tax and nontax receipts.....................     291.0      300.7      337.8      353.6      398.3      407.9      458.3      477.3      477.4 
Corporate profits tax accruals.......................      56.4       75.1       75.0       80.5       99.3      107.7      119.1      116.5      111.5 
Indirect business tax and nontax accruals............      51.6       57.4       58.9       53.7       56.4       60.4       61.7       63.6       75.8 
Social insurance receipts............................     259.1      290.5      326.9      348.7      368.5      405.6      430.8      455.1      476.7 
                                                      --------------------------------------------------------------------------------------------------
  Total receipts.....................................     658.1      723.7      798.7      836.4      922.5      981.5    1,069.9    1,112.5    1,141.5 
                                                      ==================================================================================================
                     Expenditures                                                                                                                       
Consumption expenditures.............................     291.4      298.8      333.5      359.1      373.4      385.4      401.4      419.9      444.4 
  Defense............................................    (211.6)    (224.1)    (250.1)    (271.3)    (283.0)    (296.3)    (301.8)    (308.8)    (326.0)
  Nondefense.........................................     (79.7)     (74.7)     (83.4)     (87.8)     (90.4)     (89.1)     (99.7)    (111.1)    (118.4)
Transfer payments....................................     346.9      351.3      373.0      393.9      410.1      431.6      461.4      505.6      509.6 
  Domestic (``to persons'')..........................    (339.9)    (342.4)    (360.7)    (380.6)    (399.4)    (420.5)    (449.7)    (490.7)    (535.7)
  Foreign............................................      (7.0)      (9.0)     (12.3)     (13.3)     (10.7)     (11.1)     (11.7)     (14.9)    (-26.0)
Grants to State and local governments................      86.2       91.6       98.6      108.2      103.3      108.4      115.8      128.4      147.1 
Net interest paid....................................      89.9      107.2      125.4      129.9      134.2      146.5      161.9      178.5      187.1 
Subsidies less current surplus of government                                                                                                            
 enterprises.........................................      21.4       29.9       26.6       26.7       30.2       34.4       32.9       29.5       31.7 
  Subsidies..........................................     (18.5)     (25.1)     (23.6)     (25.0)     (28.7)     (32.1)     (31.1)     (25.3)     (28.5)
  Current surplus (-) or deficit.....................      (2.9)      (4.7)      (3.0)      (1.7)      (1.4)      (2.3)      (1.8)      (4.2)      (3.1)
Wage disbursements less accruals.....................       0.4       -0.1        0.1   .........      -0.1        0.1   .........        -*          * 
                                                      --------------------------------------------------------------------------------------------------
  Total expenditures.................................     836.2      878.7      957.2    1,017.9    1,051.1    1,106.4    1,173.4    1,261.9    1,319.9 
                                                      ==================================================================================================
  Surplus or deficit (-), NIPA basis.................    -178.1     -155.1     -158.6     -181.4     -128.6     -124.9     -103.5     -149.4     -178.4 
--------------------------------------------------------------------------------------------------------------------------------------------------------
See footnotes at end of table.                                                                                                                          


               Table 14.1--FEDERAL TRANSACTIONS IN THE NATIONAL INCOME AND PRODUCT ACCOUNTS FOR FEDERAL FISCAL YEARS: 1947-1999--Continued              
                                                                (in billions of dollars)                                                                
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                                       1998       1999  
                                                                     1992       1993       1994       1995       1996       1997     estimate   estimate
--------------------------------------------------------------------------------------------------------------------------------------------------------
                            Receipts                                                                                                                    
Personal tax and nontax receipts................................     485.8      513.3      555.2      598.6      668.6      757.3      785.1      807.8 
Corporate profits tax accruals..................................     115.4      130.6      152.5      180.0      192.4      206.0      220.8      223.9 
Indirect business tax and nontax accruals.......................      80.9       85.2       97.1       95.2       91.1       92.1       92.1      105.7 
Social insurance receipts.......................................     499.0      522.7      551.7      578.4      599.8      636.5      664.5      694.8 
                                                                 ---------------------------------------------------------------------------------------
  Total receipts................................................   1,181.0    1,251.8    1,356.5    1,452.2    1,551.9    1,691.9    1,762.4    1,832.1 
                                                                 =======================================================================================
                          Expenditures                                                                                                                  
Consumption expenditures........................................     447.6      449.9      445.6      444.9      442.1      457.5      459.7      468.6 
  Defense.......................................................    (318.0)    (313.2)    (305.7)    (300.5)    (298.1)    (307.5)    (304.7)    (305.7)
  Nondefense....................................................    (129.6)    (136.7)    (139.9)    (144.5)    (144.0)    (150.0)    (154.9)    (162.9)
Transfer payments...............................................     607.4      651.6      678.3      714.2      750.9      786.3      815.1      851.2 
  Domestic (``to persons'').....................................    (595.8)    (634.3)    (661.9)    (699.9)    (737.3)    (774.1)    (802.8)    (839.0)
  Foreign.......................................................     (11.5)     (17.3)     (16.4)     (14.3)     (13.6)     (12.2)     (12.3)     (12.2)
Grants to State and local governments...........................     168.4      180.3      197.2      211.9      215.3      220.0      235.6      259.0 
Net interest paid...............................................     197.9      192.2      195.6      220.3      226.2      234.2      231.0      229.3 
Subsidies less current surplus of government enterprises........      34.1       38.7       38.4       37.5       37.7       38.2       37.2       35.7 
  Subsidies.....................................................     (31.0)     (35.6)     (35.4)     (34.5)     (33.8)      (N/A)      (N/A)      (N/A)
  Current surplus (-) or deficit................................      (3.1)      (3.2)      (3.0)      (3.0)      (3.9)      (N/A)      (N/A)      (N/A)
                                                                 ---------------------------------------------------------------------------------------
  Total expenditures............................................   1,455.3    1,512.6    1,555.1    1,628.9    1,672.2    1,736.2    1,778.5    1,843.8 
                                                                 =======================================================================================
  Surplus or deficit (-), NIPA basis............................    -274.3     -260.8     -198.6     -176.7     -120.2      -44.3      -16.1      -11.7 
--------------------------------------------------------------------------------------------------------------------------------------------------------
N/A: Not available.                                                                                                                                     
* $50 million or less.