Table 3.2. Federal Government Current Receipts and Expenditures

Quarterly

			Billions of Dollars
	Line	Name	Q2 2018	Q1 2018	Q2 2017
	line 1	Current receipts	3,552.722	3,514.225	3,467.749
	line 2	Current tax receipts	2,017.635	1,987.756	1,982.371
	line 3	Personal current taxes	1,607.217	1,597.314	1,600.122
	line 4	Taxes on production and imports	155.670	150.069	131.714
	line 5	Excise taxes	107.764	107.496	91.520
	line 6	Customs duties	46.657	41.337	38.997
	line 7	Other
	line 8	Taxes on corporate income	229.090	215.492	225.749
	line 9	Taxes from the rest of the world	25.658	24.881	24.787
	line 10	Contributions for government social insurance	1,338.673	1,328.896	1,275.138
	line 11	From persons	1,333.319	1,323.591	1,269.919
	line 12	From the rest of the world	5.354	5.305	5.218
	line 13	Income receipts on assets	112.993	118.583	141.751
	line 14	Interest receipts	34.191	32.774	28.465
	line 15	Dividends	71.010	78.437	107.478
	line 16	Federal Reserve banks
	line 17	Other
	line 18	Rents and royalties	7.792	7.372	5.808
	line 19	Current transfer receipts	79.743	75.900	65.385
	line 20	From business	42.101	48.987	36.800
	line 21	From persons	25.992	25.740	24.722
	line 22	From the rest of the world	11.650	1.172	3.863
	line 23	Current surplus of government enterprises	3.677	3.090	3.104
	line 24	Current expenditures	4,453.783	4,398.501	4,195.549
	line 25	Consumption expenditures	1,027.140	1,012.349	973.766
	line 26	Current transfer payments	2,837.203	2,820.397	2,693.080
	line 27	Government social benefits	2,207.124	2,193.821	2,109.060
	line 28	To persons	2,184.375	2,171.469	2,087.390
	line 29	To the rest of the world	22.750	22.352	21.670
	line 30	Other current transfer payments	630.078	626.576	584.020
	line 31	Grants-in-aid to state and local governments	576.733	581.984	542.417
	line 32	To the rest of the world	53.345	44.592	41.603
	line 33	Interest payments	531.778	507.619	471.214
	line 34	To persons and business	396.481	376.804	358.198
	line 35	To the rest of the world	135.296	130.815	113.016
	line 36	Subsidies	57.662	58.136	57.490
	line 37	Net federal government saving	-901.061	-884.277	-727.800
	line 38	Social insurance funds	-350.957	-343.747	-328.862
	line 39	Other	-550.104	-540.530	-398.938
		Addenda:
	line 40	Total receipts	3,576.378	3,538.213	3,490.573
	line 41	Current receipts	3,552.722	3,514.225	3,467.749
	line 42	Capital transfer receipts	23.656	23.988	22.824
	line 43	Total expenditures	4,557.508	4,494.819	4,287.428
	line 44	Current expenditures	4,453.783	4,398.501	4,195.549
	line 45	Gross government investment	307.586	303.844	286.089
	line 46	Capital transfer payments	86.131	78.914	85.460
	line 47	Net purchases of nonproduced assets	-0.751	-0.111	-0.588
	line 48	Less: Consumption of fixed capital	289.241	286.329	279.083
	line 49	Net lending or net borrowing (-)	-981.130	-956.607	-796.856