[Economic Report of the President (1998)] [Administration of William J. Clinton] [Online through the Government Printing Office, www.gpo.gov] Table B-81.--Federal receipts, outlays, deficit, and debt, fiscal years 1993-99 [Millions of dollars; fiscal years] ---------------------------------------------------------------------------------------------------------------- Actual Estimates Description ----------------------------------------------------------------------------------- 1993 1994 1995 1996 1997 1998 1999 ---------------------------------------------------------------------------------------------------------------- RECEIPTS AND OUTLAYS: Total receipts.............. 1,154,401 1,258,627 1,351,830 1,453,062 1,579,292 1,657,858 1,742,736 Total outlays............... 1,409,414 1,461,731 1,515,729 1,560,512 1,601,235 1,667,815 1,733,217 Total surplus or deficit (- )........................ -255,013 -203,104 -163,899 -107,450 -21,943 -9,957 9,519 On-budget receipts.......... 842,467 923,601 1,000,751 1,085,570 1,187,302 1,241,867 1,308,608 On-budget outlays........... 1,142,827 1,182,359 1,227,065 1,259,608 1,290,609 1,348,140 1,404,355 On-budget surplus or deficit (-)................ -300,360 -258,758 -226,314 -174,038 -103,307 -106,273 -95,747 Off-budget receipts......... 311,934 335,026 351,079 367,492 391,990 415,991 434,128 Off-budget outlays.......... 266,587 279,372 288,664 300,904 310,626 319,675 328,862 Off-budget surplus or deficit (-).............. 45,347 55,654 62,415 66,588 81,364 96,316 105,266 OUTSTANDING DEBT, END OF PERIOD: Gross Federal debt.......... 4,351,416 4,643,705 4,921,018 5,181,934 5,369,707 5,543,589 5,738,119 Held by Government accounts................. 1,103,945 1,211,588 1,317,645 1,448,967 1,598,559 1,746,773 1,930,829 Held by the public........ 3,247,471 3,432,117 3,603,373 3,732,968 3,771,148 3,796,816 3,807,290 Federal Reserve System.. 325,653 355,150 374,114 390,924 424,507 .......... .......... Other................... 2,921,818 3,076,967 3,229,259 3,342,043 3,346,641 .......... .......... ---------------------------------------------------------------------------------------------------------------- RECEIPTS: ON-BUDGET AND OFF- BUDGET..................... 1,154,401 1,258,627 1,351,830 1,453,062 1,579,292 1,657,858 1,742,736 Individual income taxes..... 509,680 543,055 590,244 656,417 737,466 767,768 791,454 Corporation income taxes.... 117,520 140,385 157,004 171,824 182,293 190,842 197,965 Social insurance and retirement receipts........ 428,300 461,475 484,473 509,414 539,371 571,374 595,886 On-budget................. 116,366 126,450 133,394 141,922 147,381 155,383 161,758 Off-budget................ 311,934 335,026 351,079 367,492 391,990 415,991 434,128 Excise taxes................ 48,057 55,225 57,484 54,014 56,924 55,540 72,009 Estate and gift taxes....... 12,577 15,225 14,763 17,189 19,845 20,436 20,541 Customs duties and fees..... 18,802 20,099 19,301 18,670 17,928 18,363 18,175 Miscellaneous receipts: Deposits of earnings by Federal Reserve System.......... 14,908 18,023 23,378 20,477 19,636 24,991 24,642 All other \1\............. 4,557 5,141 5,183 5,057 5,829 8,544 22,064 OUTLAYS: ON-BUDGET AND OFF- BUDGET..................... 1,409,414 1,461,731 1,515,729 1,560,512 1,601,235 1,667,815 1,733,217 National defense............ 291,086 281,642 272,066 265,748 270,473 264,112 265,489 International affairs....... 17,248 17,083 16,434 13,496 15,228 14,480 14,463 General science, space, and technology................. 17,030 16,227 16,724 16,709 17,174 17,093 17,616 Energy...................... 4,319 5,219 4,936 2,844 1,483 403 -1,045 Natural resources and environment................ 20,239 21,064 22,078 21,614 21,369 23,822 23,237 Agriculture................. 20,363 15,046 9,778 9,159 9,032 10,580 11,017 Commerce and housing credit. -21,853 -4,228 -17,808 -10,472 -14,624 3,525 3,541 On-budget................. -23,294 -5,331 -15,839 -10,292 -14,575 1,804 2,695 Off-budget................ 1,441 1,103 -1,969 -180 -49 1,721 846 Transportation.............. 35,004 38,066 39,350 39,565 40,767 41,535 42,259 Community and regional development................ 9,052 10,454 10,641 10,685 11,005 11,802 10,918 Education, training, emplo yment, and social services 50,012 46,307 54,263 52,001 53,008 55,114 59,488 Health...................... 99,415 107,122 115,418 119,378 123,843 131,772 141,457 Medicare.................... 130,552 144,747 159,855 174,225 190,016 198,135 207,271 Income security............. 207,299 214,089 220,493 225,989 230,886 239,349 252,808 Social security............. 304,585 319,565 335,846 349,676 365,257 381,499 396,217 On-budget................. 6,236 5,683 5,476 5,807 6,885 9,660 8,911 Off-budget................ 298,349 313,881 330,370 343,869 358,372 371,839 387,306 Veterans benefits and services................... 35,671 37,584 37,890 36,985 39,313 43,114 43,272 Administration of justice... 14,955 15,256 16,216 17,548 20,197 22,274 25,524 General government.......... 13,009 11,303 13,835 11,892 12,768 12,878 17,173 Net interest................ 198,811 202,957 232,169 241,090 244,013 242,694 241,754 On-budget................. 225,599 232,160 265,474 277,597 285,227 289,424 293,377 Off-budget................ -26,788 -29,203 -33,305 -36,507 -41,214 -46,730 -51,623 Allowances.................. .......... .......... .......... .......... .......... .......... 3,250 Undistributed offsetting receipts................... -37,386 -37,772 -44,455 -37,620 -49,973 -46,366 -42,492 On-budget................. -30,970 -31,362 -38,023 -31,342 -43,490 -39,211 -34,825 Off-budget................ -6,416 -6,409 -6,432 -6,278 -6,483 -7,155 -7,667 ---------------------------------------------------------------------------------------------------------------- \1\ Beginning 1984, includes universal service fund receipts. Beginning 1999, includes receipts from tobacco legislation. Note.--See Note, Table B-78. Sources: Department of the Treasury and Office of Management and Budget.