[Economic Indicators December, 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 2 months of fiscal 2005, receipts were $17.4 billion higher 
than a year earlier and outlays were $20.1 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\
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 \2\.....................................   1,782.1     793.7    131.8     713.0    143.7   2,159.2    404.9        388.9      20.7    219.4     249.4     334.4     474.7    153.1    302.6
2004 \2\.....................................   1,879.8     809.0    189.4     733.4    148.1   2,292.4    455.5        437.1      26.4    239.8     269.4     334.7     495.6    160.5    310.5
2005 (estimates).............................   2,091.4     913.1    229.6     795.0    153.7   2,422.6    467.9        448.0      38.2    255.0     295.1     348.6     517.8    180.5    319.6
Cumulative total, first 2 months: \3\
  Fiscal year 2004...........................     254.0     117.3      3.9     108.2     24.6     366.5     70.0         67.0       4.2     38.3      40.8      49.8      79.5     28.0     55.9
  Fiscal year 2005...........................     271.4     122.5     10.5     114.0     24.5     386.6     74.9         71.8       3.6     40.3      46.6      48.8      83.6     30.6     58.2
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    \1\ Data for fiscal 2003, 2004, 
and 2005 for Department of Defense, 
military include a small amount 
classified as international affairs, 
and not included in national 
defense.
    \2\ Data from Final Monthly 
Treasury Statement for fiscal 2004 
released October 14, 2004.
    \3\ Data from current issue 
Monthly Treasury Statement.
    Note.--Data for fiscal 2005 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.