[Economic Indicators January, 2007] [Page Number 34] [From the U.S. Government Publishing Office, www.gpo.gov] FEDERAL SECTOR, NATIONAL INCOME ACCOUNTS BASIS In the fourth quarter of 2006, according to advance estimates, Federal current expenditures fell $15.6 billion (annual rate); receipts data are incomplete. ________________________________________________________________________________________________________________________________________________ [Billions of dollars; quarterly data at seasonally adjusted annual rates] ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Federal Government current receipts Federal Government current expenditures -------------------------------------------------------------------------------------------------------------------------------------------------- Current tax receipts Contri- ---------------------------------------- butions Con- Net for Income Current sump- Cur- rent Federal Period Per- Taxes on Taxes on govern- receipts Current surplus of tion trans- Inter- Subsi- Govern- Total sonal produc- corpo- ment on transfer government Total \2\ expen- fer pay- est pay- dies ment Total \1\ cur- tion and rate social assets receipts enterprises di- ments ments saving rent imports income insur- tures taxes ance ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Calendar year: 1997........................... 1,653.1 1,030.6 744.3 78.2 203.0 576.4 25.9 19.9 .3 1,708.9 457.7 918.8 300.0 32.4 -55.8 1998........................... 1,773.8 1,116.8 825.8 81.1 204.2 613.8 21.5 21.5 .1 1,734.9 454.6 946.5 298.8 35.0 38.8 1999........................... 1,891.2 1,195.7 893.0 83.9 213.0 651.6 21.5 22.7 -.3 1,787.6 475.1 986.1 282.7 43.8 103.6 2000........................... 2,053.8 1,313.6 999.1 87.8 219.4 691.7 25.2 25.7 -2.3 1,864.4 499.3 1,038.1 283.3 43.8 189.5 2001........................... 2,016.2 1,252.2 994.5 85.8 164.7 717.5 24.9 27.1 -5.5 1,969.5 531.9 1,131.4 258.6 47.6 46.7 2002........................... 1,853.2 1,075.5 830.5 87.3 150.5 734.3 20.2 24.8 -1.6 2,101.1 591.5 1,243.0 229.1 37.5 -247.9 2003 .......................... 1,879.9 1,070.8 774.5 89.7 197.8 758.9 22.9 25.0 2.3 2,252.1 662.7 1,328.7 212.9 47.8 -372.1 2004 .......................... 2,001.0 1,150.2 801.4 94.6 244.5 802.2 22.1 27.7 -1.2 2,383.0 724.5 1,393.3 220.9 44.3 -382.0 2005 .......................... 2,246.8 1,366.2 927.9 101.1 326.4 855.3 22.9 7.1 -4.9 2,555.9 768.6 1,476.7 253.8 56.9 -309.2 2006 p......................... ........ ......... 1,061.4 101.0 ........ 921.8 24.9 32.9 -1.4 2,692.2 808.0 1,551.4 280.4 52.4 ........... 2003:I .......................... 1,888.9 1,092.7 804.4 90.0 190.8 747.6 19.8 24.2 4.6 2,179.0 636.9 1,285.1 216.6 41.9 -290.2 II ........................ 1,903.3 1,097.0 810.4 89.5 186.5 755.9 23.0 24.7 2.7 2,268.8 668.4 1,331.4 212.4 55.2 -365.5 III ....................... 1,817.3 1,004.5 708.2 88.8 199.6 761.7 24.2 25.4 1.5 2,268.8 669.1 1,342.1 210.0 47.5 -451.4 IV ........................ 1,910.2 1,089.1 774.7 90.3 214.3 770.3 24.8 25.7 .4 2,291.7 676.5 1,356.3 212.5 46.4 -381.5 2004:I .......................... 1,945.4 1,108.6 776.0 93.6 229.4 787.8 22.2 26.7 .1 2,346.4 712.2 1,376.7 215.6 43.4 -401.0 II ........................ 1,985.6 1,141.0 791.4 94.0 246.5 795.8 21.7 27.4 -.3 2,366.3 722.6 1,384.5 215.3 42.4 -380.6 III ....................... 2,013.0 1,156.9 810.8 95.1 242.8 807.1 22.0 28.2 -1.3 2,393.6 734.8 1,390.0 224.8 43.9 -380.6 IV ........................ 2,059.9 1,194.3 827.5 95.8 259.3 817.9 22.5 28.6 -3.4 2,425.6 728.3 1,422.1 227.7 47.4 -365.7 2005:I .......................... 2,214.5 1,328.0 891.2 97.9 327.6 838.3 22.8 29.1 -3.7 2,502.0 758.0 1,461.2 230.9 51.9 -287.6 II ........................ 2,240.3 1,344.3 910.9 102.7 321.4 846.1 23.8 30.5 -4.5 2,529.9 760.8 1,461.8 252.1 55.2 -289.6 III ....................... 2,182.4 1,364.2 941.0 102.4 309.5 863.2 22.8 -61.7 -6.0 2,578.5 784.3 1,481.3 255.2 57.7 -396.0 IV ........................ 2,349.8 1,428.4 968.4 101.6 347.1 873.8 22.3 30.6 -5.4 2,613.3 771.1 1,502.4 277.1 62.7 -263.6 2006:I .......................... 2,490.9 1,524.9 1,039.2 101.1 374.3 911.9 23.3 32.2 -1.4 2,637.9 803.6 1,522.0 257.5 54.7 -147.0 II ........................ 2,523.2 1,553.2 1,049.9 103.0 389.4 914.1 24.2 32.8 -1.1 2,686.2 802.3 1,546.6 285.4 51.9 -163.1 III ....................... 2,564.7 1,582.9 1,068.4 101.3 401.8 924.2 25.4 33.6 -1.5 2,730.2 809.1 1,564.8 304.9 51.4 -165.6 IV p....................... ........ ......... 1,088.1 98.6 ........ 937.0 26.7 33.0 -1.5 2,714.6 817.0 1,572.1 273.9 51.6 ........... ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ \1\ Includes taxes from the rest of the world, not shown separately. \2\ Includes a subtraction for wage accruals less disbursements, not shown separately. Source: Department of Commerce, Bureau of Economic Analysis.