[Economic Indicators May, 1998]
[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 1998, receipts were $102.2 billion 
higher than a year earlier and outlays were $30.2 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                                                                   
                                                           Individ-    Cor-    insur-                     ---------------------  Inter-                                                         
             Fiscal year or period                            ual     pora-   ance and                              Department  nation-                      Income    Social     Net           
                                                   Total    income     tion    retire-   Other     Total                of         al     Health  Medicare  security  security   inter-   Other 
                                                             taxes    income    ment                        Total    Defense,   affairs                                           est           
                                                                      taxes   receipts                               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...........................................     734.1     334.5     61.3     265.2     73.1     946.4    252.7      245.2      16.2     33.5      65.8     128.2     188.6    129.5    131.8
1986...........................................     769.2     349.0     63.1     283.9     73.2     990.5    273.4      265.5      14.2     35.9      70.2     119.8     198.8    136.0    142.2
1987...........................................     854.4     392.6     83.9     303.3     74.6   1,004.1    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   1,560.5    265.7      253.2      13.5    119.4     174.2     226.0     349.7    241.1    170.9
1997...........................................   1,579.3     737.5    182.3     539.4    120.2   1,601.2    270.5      258.3      15.2    123.8     190.0     230.9     365.3    244.0    161.5
1998 (estimates) r.............................   1,703.8     810.5    187.7     575.4    130.2   1,664.7    266.1      253.4      14.7    131.8     197.7     236.8     379.5    244.1    194.0
                                                                                                                                                                                                
Cumulative total, first 7 months: \1\                                                                                                                                                           
  Fiscal year 1997.............................     923.7     454.7     95.3     306.2     67.5     940.9    156.5      148.0      11.3     71.8     109.3     145.5     209.2    143.6     93.6
  Fiscal year 1998.............................   1,025.9     512.3    103.3     332.4     77.9     971.1    155.8      147.3       9.7     76.0     113.4     146.9     217.4    145.0    107.1
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    \1\ Data from current issue 
Monthly Treasury Statement.

    Note.--Data for fiscal year 1998 
are from the Mid-Session Review, 
Budget of the U.S. Government, 
Fiscal Year 1999, issued May 26, 
1998. Other data (except as noted) 
are from Budget of the United States 
Government, Fiscal Year 1999, issued 
February 2, 1998.
    Sources: Department of the 
Treasury and Office of Management 
and Budget.