[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. ____________________________________________________________________________________________________________________________________________ [Billions of dollars] ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ 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 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ \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.