[Historical Tables]
[Section 14 - Federal Sector Transactions in the National Income and Product Accounts]
[Table 14.2 - Federal Transactions in the National Income and Product Accounts as Percentages of GDP for Federal Fiscal Years: 2003-2005]
[From the U.S. Government Printing Office, www.gpo.gov]


[[Page 287]]
 
   Table 14.2--FEDERAL TRANSACTIONS IN THE NATIONAL INCOME AND PRODUCT
   ACCOUNTS AS PERCENTAGES OF GDP FOR FEDERAL FISCAL YEARS: 2003-2005
------------------------------------------------------------------------
                                                       2004       2005
                                            2003     estimate   estimate
------------------------------------------------------------------------
            Current Receipts
Current tax receipts...................       9.5        8.8       10.0
  Personal current taxes...............      (7.2)      (6.3)      (7.1)
  Taxes on production and imports......      (0.8)      (0.8)      (0.8)
  Taxes on corporate income............      (1.4)      (1.6)      (2.1)
  Taxes from the rest of the world.....      (0.1)      (0.1)      (0.1)
Contributions for gov. social insurance       6.9        6.9        7.0
Income receipts on assets..............       0.2        0.2        0.2
Current transfer receipts..............       0.2        0.2        0.2
Current surplus of government                   *         -*         -*
 enterprises...........................
                                        --------------------------------
  Total current receipts...............      16.9       16.1       17.5
                                        ================================
          Current Expenditures
Consumption expenditures...............       5.9        6.2        5.9
  Defense..............................      (3.9)      (4.1)      (3.8)
  Nondefense...........................      (2.0)      (2.0)      (2.1)
Current Transfer payments..............      12.1       12.2       12.0
  Government social benefits...........      (8.8)      (8.8)      (8.8)
  Grants to State and local governments      (3.1)      (3.1)      (3.0)
  To the rest of the world.............      (0.2)      (0.2)      (0.3)
Interest payments......................       2.0        1.9        2.0
Subsidies..............................       0.5        0.4        0.4
Wage disbursements less accruals.......  .........  .........  .........
                                        --------------------------------
  Total current expenditures...........      20.5       20.6       20.3
                                        ================================
  Net Federal Government Saving........      -3.6       -4.5       -2.8
------------------------------------------------------------------------
* 0.05 percent or less.