Federal Reserve Economic Data

SECTION 8 - NOT SEASONALLY ADJUSTED

Table 8.3. Federal Government Current Receipts and Expenditures, Not Seasonally Adjusted, Quarterly

   

Please select a date range

    Q1 1947    
 
 
    Q2 2024
Millions of Dollars
Line Name Q2 2024 Q1 2024 Q2 2023
line 1
Current receipts
1,267,408 1,280,886 1,208,128
line 2
Current tax receipts
742,303 763,479 709,983
line 3
Personal current taxes
556,587 592,983 546,737
line 4
Taxes on production and imports
42,662 43,565 43,637
line 5
Taxes on corporate income
133,645 117,752 110,689
line 6
Taxes from the rest of the world
9,410 9,178 8,921
line 7
Contributions for government social insurance
493,801 484,265 471,158
line 8
Income receipts on assets
16,816 15,493 10,157
line 9
Current transfer receipts
16,881 19,725 17,265
line 10
Current surplus of government enterprises
-2,394 -2,077 -434
line 11
Current expenditures
1,716,845 1,690,584 1,617,918
line 12
Consumption expenditures
345,244 337,169 323,341
line 13
Current transfer payments
1,073,980 1,062,552 1,044,963
line 14
Government social benefits
819,049 809,740 770,254
line 15
To persons
810,585 801,444 762,276
line 16
To the rest of the world
8,464 8,296 7,978
line 17
Other current transfer payments
254,931 252,812 274,710
line 18
Grants-in-aid to state and local governments
239,322 236,078 250,077
line 19
To the rest of the world
15,610 16,734 24,633
line 20
Interest payments
274,198 266,827 224,165
line 21
To persons and business
215,615 208,455 168,673
line 22
To the rest of the world
58,583 58,372 55,493
line 23
Subsidies
23,423 24,036 25,448
line 24
Net federal government saving
-449,437 -409,698 -409,790
Addenda:
line 25
Gross government investment
113,685 109,983 110,056
line 26
Consumption of fixed capital
98,705 97,343 93,891
   

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