[Economic Indicators June, 2000]
[Page Number 32]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
                             FEDERAL FINANCE

FEDERAL RECEIPTS, OUTLAYS, AND DEBT

In the first 8 months of fiscal 2000, there was a surplus of $120.3 
billion, compared with a surplus of $40.7 billion a year earlier.
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                                                                  [Billions of dollars]
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                                                     Total                        On-budget                      Off-budget            Federal debt (end
                                       ----------------------------------------------------------------------------------------------     of period)
                                                              Surplus                        Surplus                        Surplus  -------------------
         Fiscal year or period                                  or                              or                             or                Held by
                                        Receipts   Outlays  deficit  (- Receipts   Outlays   deficit   Receipts   Outlays   deficit     Gross      the
                                                                 )                             (-)                            (-)      Federal   public
--------------------------------------------------------------------------------------------------------------------------------------------------------
1982..................................     617.8     745.8      -128.0     474.3     594.4     -120.1     143.5     151.4      -7.9    1,137.3     924.6
1983..................................     600.6     808.4      -207.8     453.2     661.3     -208.0     147.3     147.1        .2    1,371.7   1,137.3
1984..................................     666.5     851.9      -185.4     500.4     686.1     -185.7     166.1     165.8        .3    1,564.7   1,307.0
1985..................................     734.1     946.4      -212.3     547.9     769.6     -221.7     186.2     176.8       9.4    1,817.5   1,507.4
1986..................................     769.2     990.5      -221.2     569.0     807.0     -238.0     200.2     183.5      16.7    2,120.6   1,740.8
1987..................................     854.4   1,004.1      -149.8     641.0     810.3     -169.3     213.4     193.8      19.6    2,346.1   1,889.9
1988..................................     909.3   1,064.5      -155.2     667.8     861.8     -194.0     241.5     202.7      38.8    2,601.3   2,051.8
1989..................................     991.2   1,143.7      -152.5     727.5     932.8     -205.2     263.7     210.9      52.8    2,868.0   2,191.0
 
1990..................................   1,032.0   1,253.2      -221.2     750.3   1,028.1     -277.8     281.7     225.1      56.6    3,206.6   2,411.8
1991..................................   1,055.0   1,324.4      -269.4     761.2   1,082.7     -321.6     293.9     241.7      52.2    3,598.5   2,689.3
1992..................................   1,091.3   1,381.7      -290.4     788.9   1,129.3     -340.5     302.4     252.3      50.1    4,002.1   3,000.1
1993..................................   1,154.4   1,409.5      -255.1     842.5   1,142.9     -300.5     311.9     266.6      45.3    4,351.4   3,248.8
1994..................................   1,258.6   1,461.9      -203.3     923.6   1,182.5     -258.9     335.0     279.4      55.7    4,643.7   3,433.4
1995..................................   1,351.8   1,515.8      -164.0   1,000.8   1,227.2     -226.4     351.1     288.7      62.4    4,921.0   3,604.8
1996..................................   1,453.1   1,560.6      -107.5   1,085.6   1,259.7     -174.1     367.5     300.9      66.6    5,181.9   3,734.5
1997..................................   1,579.3   1,601.3       -22.0   1,187.3   1,290.7     -103.4     392.0     310.6      81.4    5,369.7   3,772.8
1998..................................   1,721.8   1,652.6        69.2   1,306.0   1,336.0      -30.0     415.8     316.6      99.2    5,478.7   3,721.6
1999..................................   1,827.5   1,703.0       124.4   1,383.0   1,382.3         .7     444.5     320.8     123.7    5,606.1   3,632.9
2000 (estimates) r....................   2,013.1   1,801.6       211.5   1,534.9   1,471.6       63.3     478.2     330.0     148.2    5,657.0   3,448.6
Cumulative total, first 8 months: \1\
  Fiscal year 1999....................   1,179.1   1,138.4        40.7     885.1     923.1      -38.1     294.1     215.3      78.8    5,556.1   3,673.9
  Fiscal year 2000....................   1,318.5   1,198.2       120.3   1,000.3     975.6       24.7     318.2     222.6      95.6    5,597.8   3,487.0
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    \1\ Data from current issue 
Monthly Treasury Statement.

    Note.--Data for fiscal 2000 are 
from Mid-Session Review, Budget of 
the United States Government, Fiscal 
Year 2001, issued June 26, 2000. 
Other data (except as noted) are 
from Budget of the United States 
Government, Fiscal Year 2001, issued 
February 7, 2000. Estimated figures 
for fiscal 2000 would be modified by 
the Administration's proposal to 
place the Medicare Hospital 
Insurance Trust Fund off-budget, 
which would shift that fund's totals 
of $110.6 billion in outlays, $134.4 
billion in receipts, and a surplus 
of $23.8 billion from on-budget to 
off-budget.

    Sources: Department of the 
Treasury and Office of Management 
            and Budget.