[Economic Indicators May, 1997]
[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 1997, receipts were $74.6 billion higher 
than a year earlier and outlays were $36.2 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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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      86.6     118.5     52.5    131.3
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    122.2
1984..........................................     666.5      298.4      56.9    239.4     71.8     851.9    227.4      220.9      15.9     30.4      57.5     112.7     178.2    111.1    118.6
                                                                                                                                                                                                
1985..........................................     734.2      334.5      61.3    265.2     73.1     946.5    252.7      245.2      16.2     33.5      65.8     128.2     188.6    129.5    131.9
1986..........................................     769.3      349.0      63.1    283.9     73.3     990.5    273.4      265.5      14.2     35.9      70.2     119.8     198.8    136.0    142.3
1987..........................................     854.4      392.6      83.9    303.3     74.6   1,004.2    282.0      274.0      11.6     40.0      75.1     123.3     207.4    138.7    126.1
1988..........................................     909.3      401.2      94.5    334.3     79.3   1,064.5    290.4      281.9      10.5     44.5      78.9     129.4     219.3    151.8    139.7
1989..........................................     991.2      445.7     103.3    359.4     82.8   1,143.7    303.6      294.9       9.6     48.4      85.0     136.1     232.5    169.3    159.3
1990..........................................   1,032.0      466.9      93.5    380.0     91.5   1,253.2    299.3      289.8      13.8     57.7      98.1     147.1     248.6    184.2    204.3
1991..........................................   1,055.0      467.8      98.1    396.0     93.1   1,324.4    273.3      262.4      15.9     71.2     104.5     170.3     269.0    194.5    225.7
1992..........................................   1,091.3      476.0     100.3    413.7    101.4   1,381.7    298.4      286.9      16.1     89.5     119.0     197.0     287.6    199.4    174.7
1993..........................................   1,154.4      509.7     117.5    428.3     98.9   1,409.4    291.1      278.6      17.2     99.4     130.6     207.3     304.6    198.8    160.4
1994..........................................   1,258.6      543.1     140.4    461.5    113.7   1,461.7    281.6      268.6      17.1    107.1     144.7     214.1     319.6    203.0    174.5
1995..........................................   1,351.8      590.2     157.0    484.5    120.1   1,515.7    272.1      259.4      16.4    115.4     159.9     220.5     335.8    232.2    163.4
1996 .........................................   1,453.1      656.4     171.8    509.4    115.4   1,560.3    265.7      253.2      13.5    119.4     174.2     226.0     349.7    241.1    170.7
1997 (estimates)..............................   1,505.4      672.7     176.2    535.8    120.8   1,631.0    267.2      254.3      14.8    127.6     194.3     238.9     367.7    247.4    173.2
                                                                                                                                                                                                
Cumulative total, first 7 months: \1\                                                                                                                                                           
      Fiscal year 1996........................     849.1      401.1      89.1    291.6     67.3     904.4    151.4      144.2       9.2     67.5      99.0     140.7     200.2    140.8     95.5
      Fiscal year 1997........................     923.7      454.7      95.3    306.2     67.5     940.6    155.0      147.9      11.3     71.8     109.3     145.4     209.2    143.6     94.9
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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 1998, issued 
February 6, 1997.
    Sources: Department of the 
Treasury and Office of Management 
and Budget.