Releases > Gross Domestic Product > Release Tables > SECTION 3 - GOVERNMENT CURRENT RECEIPTS AND EXPENDITURES > Table 3.2. Federal Government Current Receipts and Expenditures

Table 3.2. Federal Government Current Receipts and Expenditures:
Quarterly

			Billions of Dollars
	Line	Name	Q4 2022	Q3 2022	Q4 2021
	1	Current receipts	5,043.793	5,047.808	4,555.766
	2	Current tax receipts	3,209.548	3,219.924	2,759.325
	3	Personal current taxes	2,650.114	2,641.674	2,235.226
	4	Taxes on production and imports	192.384	202.811	187.552
	5	Excise taxes	97.868	96.708	92.340
	6	Customs duties	93.251	104.839	93.948
	7	Other
	8	Taxes on corporate income	332.196	340.564	304.801
	9	Taxes from the rest of the world	34.854	34.875	31.746
	10	Contributions for government social insurance	1,702.707	1,677.657	1,578.062
	11	From persons	1,696.594	1,671.679	1,572.400
	12	From the rest of the world	6.113	5.978	5.661
	13	Income receipts on assets	53.090	93.094	150.901
	14	Interest receipts	25.651	21.581	17.905
	15	Dividends	12.303	57.037	122.848
	16	Federal Reserve banks
	17	Other
	18	Rents and royalties	15.136	14.476	10.148
	19	Current transfer receipts	78.665	62.479	66.263
	20	From business	44.289	35.372	39.182
	21	From persons	24.132	24.132	24.088
	22	From the rest of the world	10.244	2.975	2.993
	23	Current surplus of government enterprises	-0.217	-5.346	1.216
	24	Current expenditures	6,229.524	6,063.491	6,079.752
	25	Consumption expenditures	1,305.879	1,278.239	1,243.693
	26	Current transfer payments	3,960.191	3,934.687	3,947.322
	27	Government social benefits	2,911.956	2,869.437	2,964.345
	28	To persons	2,882.799	2,840.084	2,937.367
	29	To the rest of the world	29.156	29.353	26.978
	30	Other current transfer payments	1,048.235	1,065.250	982.978
	31	Grants-in-aid to state and local governments	953.292	953.388	924.717
	32	To the rest of the world	94.943	111.862	58.261
	33	Interest payments	852.639	736.753	600.423
	34	To persons and business	639.093	547.315	447.193
	35	To the rest of the world	213.546	189.438	153.230
	36	Subsidies	110.815	113.812	288.313
	37	Net federal government saving	-1,185.730	-1,015.682	-1,523.985
	38	Social insurance funds	-466.659	-456.785	-474.635
	39	Other	-719.071	-558.897	-1,049.350
		Addenda:
	40	Total receipts	5,074.597	5,080.224	4,585.902
	41	Current receipts	5,043.793	5,047.808	4,555.766
	42	Capital transfer receipts	30.804	32.416	30.136
	43	Total expenditures	6,371.423	6,207.121	6,206.759
	44	Current expenditures	6,229.524	6,063.491	6,079.752
	45	Gross government investment	387.904	378.853	369.100
	46	Capital transfer payments	109.852	206.369	89.115
	47	Net purchases of nonproduced assets	-0.409	-90.511	-0.041
	48	Less: Consumption of fixed capital	355.448	351.080	331.167
	49	Net lending or net borrowing (-)	-1,296.826	-1,126.897	-1,620.857