[Economic Indicators March, 2009]
[Page Number 34]
[From the U.S. Government Publishing Office, www.gpo.gov]
FEDERAL SECTOR, NATIONAL INCOME ACCOUNTS BASIS
In the fourth quarter of 2008, according to current estimates, Federal
current receipts fell $51.3 billion (annual rate), Federal current
expenditures fell $33.9 billion.
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[Billions of dollars; quarterly data at seasonally adjusted annual rates]
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Federal Government current receipts Federal Government current expenditures
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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
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Calendar year:
1999........................... 1,891.2 1,195.7 893.0 83.9 213.0 651.6 21.5 22.7 -0.3 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 .......................... 2,008.9 1,152.3 797.4 94.6 250.3 805.2 23.8 28.8 -1.2 2,379.5 723.7 1,390.6 221.0 44.2 -370.6
2005 .......................... 2,266.9 1,383.0 930.7 99.2 341.0 850.0 24.0 15.0 -5.0 2,558.6 766.3 1,478.0 255.4 58.9 -291.7
2006 .......................... 2,510.4 1,550.2 1,049.9 98.0 388.9 902.4 25.7 35.7 -3.6 2,711.6 811.8 1,568.1 282.3 49.4 -201.1
2007 .......................... 2,651.2 1,644.5 1,167.3 97.7 365.4 942.3 29.2 37.5 -2.2 2,880.5 856.1 1,666.7 312.6 45.2 -229.3
2008 r......................... 2,572.9 1,530.0 1,127.2 96.2 291.1 972.2 31.8 39.3 -.5 3,094.3 931.9 1,806.4 308.2 47.7 -521.5
2005:I .......................... 2,225.7 1,338.8 894.9 97.1 335.4 835.0 24.1 31.0 -3.2 2,504.4 758.2 1,458.7 233.4 54.2 -278.7
II ........................ 2,264.1 1,369.2 917.8 101.2 339.8 842.5 25.0 31.8 -4.4 2,533.6 760.3 1,461.7 253.4 58.2 -269.5
III ....................... 2,214.5 1,375.8 944.2 100.0 318.0 857.0 23.8 -35.8 -6.4 2,579.2 782.1 1,483.0 253.8 60.4 -364.7
IV ........................ 2,363.3 1,448.0 965.8 98.5 370.6 865.7 23.1 32.8 -6.2 2,617.1 764.5 1,508.7 281.0 62.9 -253.8
2006:I .......................... 2,453.6 1,504.7 1,018.8 97.8 377.3 893.6 23.7 34.7 -3.1 2,661.5 805.9 1,535.4 266.4 53.8 -207.9
II ........................ 2,487.6 1,535.1 1,031.6 98.2 394.4 895.7 24.9 35.5 -3.5 2,712.5 809.2 1,566.5 287.4 49.4 -225.0
III ....................... 2,531.9 1,570.9 1,056.0 98.6 404.6 902.6 26.0 36.0 -3.6 2,750.4 816.2 1,584.6 301.9 47.8 -218.4
IV ........................ 2,568.6 1,590.2 1,093.2 97.4 379.5 917.7 28.2 36.5 -4.0 2,721.8 816.0 1,586.0 273.3 46.5 -153.2
2007:I .......................... 2,612.8 1,615.2 1,139.5 97.7 365.6 937.1 28.4 37.0 -5.1 2,837.9 832.5 1,650.2 309.6 45.6 -225.2
II ........................ 2,648.1 1,648.2 1,157.1 96.9 381.5 936.4 29.0 37.2 -2.8 2,859.5 851.1 1,652.6 310.5 45.2 -211.4
III ....................... 2,664.9 1,654.4 1,178.1 98.2 365.1 943.3 29.8 37.6 -.2 2,909.2 869.1 1,671.4 323.9 44.8 -244.3
IV ........................ 2,679.2 1,660.0 1,194.7 98.0 349.5 952.3 29.5 38.2 -.8 2,915.6 871.6 1,692.5 306.4 45.1 -236.3
2008:I .......................... 2,672.5 1,634.9 1,201.2 95.8 322.5 968.9 29.9 39.4 -.5 3,003.2 898.0 1,729.2 329.4 46.6 -330.7
II ........................ 2,478.8 1,436.0 999.8 96.9 324.4 971.8 31.7 40.0 -.6 3,128.4 918.2 1,860.1 302.3 47.8 -649.6
III ....................... 2,595.7 1,565.0 1,141.7 94.7 313.4 976.0 32.4 22.4 -.1 3,139.8 954.2 1,794.9 342.6 48.2 -544.0
IV r....................... 2,544.4 1,484.3 1,166.1 97.3 204.3 972.2 33.1 55.6 -.7 3,105.9 957.5 1,841.5 258.5 48.3 -561.5
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\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.