[Economic Report of the President (2000)]
[Administration of William J. Clinton]
[Online through the Government Printing Office, www.gpo.gov]



[[Page 400]]

 
Table B-79.--Federal receipts, outlays, deficit, and debt, fiscal years 1995-2001
[Millions of dollars; fiscal years]
----------------------------------------------------------------------------------------------------------------
Actual                                   Estimates
Description         -----------------------------------------------------------------------------------
1995        1996        1997        1998        1999        2000        2001
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RECEIPTS AND OUTLAYS:
Total receipts..............   1,351,830   1,453,062   1,579,292   1,721,798   1,827,454   1,956,252   2,019,031
Total outlays...............   1,515,837   1,560,572   1,601,282   1,652,611   1,703,040   1,789,562   1,835,033

Total surplus or deficit (-   -164,007    -107,510     -21,990      69,187     124,414     166,690     183,998
)........................

On-budget receipts..........   1,000,751   1,085,570   1,187,302   1,305,999   1,382,986   1,479,489   1,519,136
On-budget outlays...........   1,227,173   1,259,668   1,290,656   1,336,007   1,382,262   1,460,633   1,494,777

On-budget surplus or        -226,422    -174,098    -103,354     -30,008         724      18,856      24,359
deficit (-)................

Off-budget receipts.........     351,079     367,492     391,990     415,799     444,468     476,763     499,895
Off-budget outlays..........     288,664     300,904     310,626     316,604     320,778     328,929     340,256

Off-budget surplus or           62,415      66,588      81,364      99,195     123,690     147,834     159,639
deficit (-)..............

OUTSTANDING DEBT, END OF
PERIOD:
Gross Federal debt..........   4,921,005   5,181,921   5,369,694   5,478,711   5,606,087   5,686,338   5,768,957

Held by Government           1,316,208   1,447,392   1,596,862   1,757,090   1,973,160   2,210,478   2,463,977
accounts.................
Held by the public........   3,604,797   3,734,529   3,772,832   3,721,621   3,632,927   3,475,860   3,304,980

Federal Reserve System..     374,114     390,924     424,507     458,131     488,865  ..........  ..........
Other...................   3,230,683   3,343,605   3,348,324   3,263,490   3,144,062  ..........  ..........
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RECEIPTS: ON-BUDGET AND OFF-   1,351,830   1,453,062   1,579,292   1,721,798   1,827,454   1,956,252   2,019,031
BUDGET.....................

Individual income taxes.....     590,244     656,417     737,466     828,586     879,480     951,586     972,410
Corporation income taxes....     157,004     171,824     182,293     188,677     184,680     192,395     194,770
Social insurance and             484,473     509,414     539,371     571,831     611,833     650,021     682,080
retirement receipts........

On-budget.................     133,394     141,922     147,381     156,032     167,365     173,258     182,185
Off-budget................     351,079     367,492     391,990     415,799     444,468     476,763     499,895

Excise taxes................      57,484      54,014      56,924      57,673      70,414      68,384      76,676
Estate and gift taxes.......      14,763      17,189      19,845      24,076      27,782      30,486      32,304
Customs duties and fees.....      19,301      18,670      17,928      18,297      18,336      20,875      20,871
Miscellaneous receipts:
Deposits of earnings by
Federal
Reserve System..........      23,378      20,477      19,636      24,540      25,917      32,452      29,520
All other\1\..............       5,183       5,057       5,829       8,118       9,012      10,053      10,400

OUTLAYS: ON-BUDGET AND OFF-    1,515,837   1,560,572   1,601,282   1,652,611   1,703,040   1,789,562   1,835,033
BUDGET.....................

National defense............     272,066     265,753     270,505     268,456     274,873     290,636     291,202
International affairs.......      16,434      13,496      15,228      13,109      15,243      17,078      19,607
General science, space and        16,724      16,709      17,174      18,219      18,125      18,853      19,638
technology.................
Energy......................       4,936       2,839       1,475       1,270         912      -1,640        -651
Natural resources and             21,915      21,524      21,227      22,300      23,968      24,479      24,973
environment................
Agriculture.................       9,778       9,159       9,032      12,206      23,011      31,988      22,414
Commerce and housing credit.     -17,808     -10,472     -14,624       1,014       2,647       5,598       2,945

On-budget.................     -15,839     -10,292     -14,575         797       1,626       4,100       2,498
Off-budget................      -1,969        -180         -49         217       1,021       1,498         447

Transportation..............      39,350      39,565      40,767      40,335      42,531      46,709      49,532
Community and regional            10,749      10,745      11,055       9,776      11,870      11,115      10,177
development................
Education,  training,  emplo      54,263      52,001      53,008      54,954      56,402      63,397      67,544
yment,  and social services
Health......................     115,418     119,378     123,843     131,442     141,079     154,227     166,686
Medicare....................     159,855     174,225     190,016     192,822     190,447     202,513     220,515
Income security.............     220,493     225,967     230,899     233,202     237,707     251,286     259,724
Social security.............     335,846     349,676     365,257     379,225     390,041     406,625     425,738

On-budget.................       5,476       5,807       6,885       9,156      10,828      11,678       9,850
Off-budget................     330,370     343,869     358,372     370,069     379,213     394,947     415,888

Veterans benefits and             37,890      36,985      39,313      41,781      43,212      46,796      46,449
services...................
Administration of justice...      16,216      17,548      20,173      22,832      25,924      26,771      31,408
General government..........      13,998      12,004      12,891      15,709      15,758      15,035      15,429
Net interest................     232,169     241,090     244,016     241,153     229,735     220,314     208,312

On-budget.................     265,474     277,597     285,230     287,783     281,806     279,970     276,450
Off-budget................     -33,305     -36,507     -41,214     -46,630     -52,071     -59,656     -68,138

Allowances..................  ..........  ..........  ..........  ..........  ..........         843        -993
Undistributed offsetting         -44,455     -37,620     -49,973     -47,194     -40,445     -43,061     -45,616
receipts...................

On-budget.................     -38,023     -31,342     -43,490     -40,142     -33,060     -35,201     -37,675
Off-budget................      -6,432      -6,278      -6,483      -7,052      -7,385      -7,860      -7,941
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\1\Beginning 1984, includes universal service fund receipts.

Note.--See Note, Table B-76.

Sources: Department of the Treasury and Office of Management and Budget.