[Economic Indicators December, 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 2 months of fiscal 1998, receipts were $20.9 billion higher 
than a year earlier and outlays were $3.5 billion lower.
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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                         Individ-   pora-     ance                                            Inter-                                           Net           
                                                    Total      ual      tion    taxes    Other     Total            Department  nation-   Health  Medicare   Income    Social    inter-   Other 
                                                             income    income    and                        Total       of         al                       security  security    est           
                                                              taxes    taxes   contri-                               Defense,   affairs                                                         
                                                                               butions                               military                                                                   
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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\........................................   1,452.8     656.4    171.8    509.4    115.1   1,560.2    265.7      253.3      13.5    119.1     174.2     226.0     349.7    241.1    170.9
1997 \1\........................................   1,579.0     737.5    182.3    539.4    119.8   1,601.6    270.1      258.3      15.4    123.4     190.0     230.4     365.3    244.1    163.0
1998 (estimates)................................   1,631.6     748.6    192.6    564.8    125.6   1,689.9    266.4      254.3      14.6    139.2     199.5     244.2     383.1    248.4    194.5
                                                                                                                                                                                                
Cumulative total, first 2 months: \2\                                                                                                                                                           
  Fiscal year 1997..............................     197.5      99.9      3.2     76.1     18.4     275.2     47.2       44.9       4.9     20.4      32.5      37.8      58.8     41.6     31.8
  Fiscal year 1998..............................     218.4     107.3      7.2     81.3     22.7     271.7     44.3       42.0       1.7     21.8      31.2      35.0      61.1     42.4     34.3
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    \1\ Data from September 1997 
Monthly Treasury Statement.
    \2\ Data from current issue 
Monthly Treasury Statement.

    Note.--Data for fiscal 1998 are 
from Mid-Session Review of the 1998 
Budget, issued September 5, 1997. 
Other 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.