[Economic Indicators May, 1996]
[Page Number 33]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
FEDERAL RECEIPTS BY SOURCE AND

OUTLAYS BY FUNCTION

In the first 7 months of fiscal 1996, receipts were $68.7 billion higher 
than a year earlier and outlays were $27.7 billion higher.
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                                                                                      [Billions of dollars]                                                                                     
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                                                            On-budget and off-budget receipts                                     On-budget and off-budget outlays                              
                                                     -------------------------------------------------------------------------------------------------------------------------------------------
                                                                                    Social                     National defense                                                                 
                                                                            Cor-    insur-                  ---------------------                                                               
                Fiscal year or period                          Individual   pora-    ance                                          Inter-                                          Net          
                                                       Total     income     tion    taxes    Other   Total            Department  nation-  Health  Medicare   Income    Social   inter-   Other 
                                                                  taxes    income    and                      Total       of         al                      security  security    est          
                                                                            taxes  contri-                             Defense,   affairs                                                       
                                                                                   butions                             military                                                                 
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1977................................................    355.6     157.6      54.9    106.5    36.6    409.2     97.2       95.1       6.4    17.3     19.3      61.0      85.1     29.9     93.0
1978................................................    399.6     181.0      60.0    121.0    37.7    458.7    104.5      102.3       7.5    18.5     22.8      61.5      93.9     35.5    114.7
1979................................................    463.3     217.8      65.7    138.9    40.8    504.0    116.3      113.6       7.5    20.5     26.5      66.4     104.1     42.6    120.2
1980................................................    517.1     244.1      64.6    157.8    50.6    590.9    134.0      130.9      12.7    23.2     32.1      86.5     118.5     52.5    131.4
1981................................................    599.3     285.9      61.1    182.7    69.5    678.2    157.5      153.9      13.1    26.9     39.1      99.7     139.6     68.8    133.5
1982................................................    617.8     297.7      49.2    201.5    69.3    745.8    185.3      180.7      12.3    27.4     46.6     107.7     156.0     85.0    125.4
1983................................................    600.6     288.9      37.0    209.0    65.6    808.4    209.9      204.4      11.8    28.6     52.6     122.6     170.7     89.8    122.3
1984................................................    666.5     298.4      56.9    239.4    71.8    851.8    227.4      220.9      15.9    30.4     57.5     112.7     178.2    111.1    118.6
                                                                                                                                                                                                
1985................................................    734.1     334.5      61.3    265.2    73.0    946.4    252.7      245.2      16.2    33.5     65.8     128.2     188.6    129.5    131.8
1986................................................    769.1     349.0      63.1    283.9    73.1    990.3    273.4      265.5      14.2    35.9     70.2     119.8     198.8    136.0    142.1
1987................................................    854.1     392.6      83.9    303.3    74.3  1,003.9    282.0      274.0      11.6    40.0     75.1     123.3     207.4    138.7    125.9
1988................................................    909.0     401.2      94.5    334.3    78.9  1,064.1    290.4      281.9      10.5    44.5     78.9     129.3     219.3    151.8    139.4
1989................................................    990.7     445.7     103.3    359.4    82.3  1,143.2    303.6      294.9       9.6    48.4     85.0     136.0     232.5    169.3    158.8
1990................................................  1,031.3     466.9      93.5    380.0    90.9  1,252.5    299.3      289.8      13.8    57.7     98.1     147.0     248.6    184.2    203.7
1991................................................  1,054.3     467.8      98.1    396.0    92.3  1,323.6    273.3      262.4      15.9    71.2    104.5     170.3     269.0    194.5    225.0
1992................................................  1,090.5     476.0     100.3    413.7   100.5  1,380.9    298.4      286.9      16.1    89.5    119.0     196.9     287.6    199.4    173.9
1993................................................  1,153.5     509.7     117.5    428.3    98.0  1,408.7    291.1      278.6      17.2    99.4    130.6     207.3     304.6    198.8    159.7
1994................................................  1,257.7     543.1     140.4    461.5   112.8  1,460.8    281.6      268.6      17.1   107.1    144.7     214.0     319.6    203.0    173.7
1995................................................  1,355.2     590.2     157.0    484.5   123.5  1,519.1    272.1      259.4      16.4   115.4    159.9     220.4     335.8    232.2    166.9
1996 (estimates)....................................  1,426.8     630.9     167.1    507.5   121.3  1,572.4    265.6      254.3      14.8   121.2    177.6     228.3     350.9    241.1    172.9
Cumulative total, first 7 months:\1\                                                                                                                                                            
  Fiscal year 1995..................................    779.8     351.1      80.1    278.7    69.8    876.7    154.4      146.9      10.5    65.8     88.5     131.1     191.7    133.5    101.2
  Fiscal year 1996..................................    848.5     401.1      89.1    291.6    66.7    904.4    152.1      144.7       9.2    67.5     99.0     140.6     200.2    140.8     95.1
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    \1\Data from Monthly Treasury 
Statement.

    Note.--Data (except as noted) 
are from Budget of the United States 
Government, Fiscal Year 1997, issued 
March 19, 1996.
    Sources: Department of the 
Treasury and Office of Management 
and Budget.