[Economic Indicators August, 2004]
[Page Number 33]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
FEDERAL RECEIPTS BY SOURCE AND

OUTLAYS BY FUNCTION

In the first 10 months of fiscal 2004, receipts were $58.5 billion 
higher than a year earlier and outlays were $130.3 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                                            nation-                      Income    Social     Net
                                                 Total    income     tion    retire-   Other     Total             Department      al     Health  Medicare  security  security   inter-   Other
                                                           taxes    income    ment                        Total    of Defense,  affairs                                           est
                                                                    taxes   receipts                              military \1\
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1987.........................................     854.4     392.6     83.9     303.3     74.6   1,004.1    282.0        273.9      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        294.8       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        289.7      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        262.3      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        286.8      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        278.5      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        253.1      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        261.3      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   1,863.8    305.5        291.0      16.5    172.3     217.4     269.6     433.0    206.2    243.4
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 ........................................   1,782.3     793.7    131.8     713.0    143.9   2,157.1    404.9        387.3      21.2    219.6     249.4     334.4     474.7    153.1    299.8
2004 (estimates) ............................   1,874.4     816.3    181.5     731.2    145.4   2,319.1    453.0        433.2      29.5    246.0     271.6     338.5     495.3    159.0    326.1
Cumulative total, first 10 months: \2\
  Fiscal year 2003...........................   1,476.2     658.8    100.2     598.5    118.9   1,800.2    331.1        318.1      17.7    182.0     207.3     288.1     395.0    134.4    244.6
  Fiscal year 2004...........................   1,534.7     657.0    145.3     611.8    120.6   1,930.5    379.9        364.4      22.4    200.6     225.1     291.4     412.0    139.4    259.6
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    \1\ Data for fiscal 2004 and 
cumulative totals to date for fiscal 
2003 and 2004 for Department of 
Defense, military include a small 
amount classified as international 
affairs, and not included in 
national defense.
    \2\ Data from current issue 
Monthly Treasury Statement.
    Note.--Data for fiscal 2003 and 
2004 are from Mid-Session Review of 
the FY 2005 Budget issued July 30, 
2004. Other data (except as noted) 
are from Budget of the United States 
Government, Fiscal Year 2005, issued 
February 2, 2004.

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