[Economic Indicators October, 2003]
[Page Number 33]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
FEDERAL RECEIPTS BY SOURCE AND

OUTLAYS BY FUNCTION

In fiscal 2003, receipts were $70.9 billion lower than a year earlier 
and outlays were $145.5 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
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1986...........................................     769.2     349.0     63.1     283.9     73.2     990.4    273.4       265.5     14.2     35.9      70.2     120.6     198.8    136.0    141.4
1987...........................................     854.4     392.6     83.9     303.3     74.6   1,004.1    282.0       274.0     11.6     40.0      75.1     124.1     207.4    138.6    125.3
1988...........................................     909.3     401.2     94.5     334.3     79.3   1,064.5    290.4       281.9     10.5     44.5      78.9     130.4     219.3    151.8    138.7
1989...........................................     991.2     445.7    103.3     359.4     82.8   1,143.6    303.6       294.9      9.6     48.4      85.0     137.4     232.5    169.0    158.2
 
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     148.7     248.6    184.3    202.6
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     172.4     269.0    194.4    223.7
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     199.5     287.6    199.3    172.2
1993...........................................   1,154.4     509.7    117.5     428.3     98.9   1,409.5    291.1       278.6     17.2     99.4     130.6     209.9     304.6    198.7    158.0
1994...........................................   1,258.6     543.1    140.4     461.5    113.7   1,461.9    281.6       268.6     17.1    107.1     144.7     217.1     319.6    202.9    171.7
1995...........................................   1,351.8     590.2    157.0     484.5    120.1   1,515.8    272.1       259.4     16.4    115.4     159.9     223.7     335.8    232.1    160.3
1996...........................................   1,453.1     656.4    171.8     509.4    115.4   1,560.5    265.8       253.2     13.5    119.4     174.2     229.7     349.7    241.1    167.3
1997...........................................   1,579.3     737.5    182.3     539.4    120.2   1,601.3    270.5       258.3     15.2    123.8     190.0     235.0     365.3    244.0    157.5
1998...........................................   1,721.8     828.6    188.7     571.8    132.7   1,652.6    268.5       256.1     13.1    131.4     192.8     237.7     379.2    241.1    188.8
1999...........................................   1,827.5     879.5    184.7     611.8    151.5   1,701.9    274.9       261.4     15.2    141.1     190.4     242.4     390.0    229.8    218.1
 
2000...........................................   2,025.2   1,004.5    207.3     652.9    160.6   1,788.8    294.5       281.2     17.2    154.5     197.1     253.6     409.4    223.0    239.5
2001 ..........................................   1,991.2     994.3    151.1     694.0    151.8   1,863.9    305.5       291.0     16.5    172.3     217.4     269.6     433.0    206.2    243.5
2002 ..........................................   1,853.2     858.3    148.0     700.8    146.0   2,011.0    348.6       332.0     22.4    196.5     230.9     312.5     456.0    171.0    273.2
2003 \1\.......................................   1,782.3     793.7    131.8     713.0    143.9   2,156.5    404.2   \2\ 388.9     20.6    219.2     249.4     336.1     474.7    153.0    299.3
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    \1\ Data from Final Monthly 
Treasury Statement, October 2003, 
issued October 20, 2003.
    \2\ For fiscal 2003, outlays for 
Department of Defense, Military 
include a small amount classified as 
international affairs and not 
included in national defense.

    Note.--Data for fiscal 2002 are 
from Mid-Session Review of the FY 
2004 Budget issued July 15, 2003. 
Other data (except as noted) are 
from Budget of the United States 
Government, Fiscal Year 2004, issued 
February 3, 2003.

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