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    
 
 
    Q3 2024
Millions of Dollars
Line Name Q3 2024 Q2 2024 Q3 2023
line 1
Current receipts
1,210,756 1,257,760 1,159,835
line 2
Current tax receipts
739,702 736,965 710,825
line 3
Personal current taxes
555,929 551,249 541,058
line 4
Taxes on production and imports
46,707 42,662 44,217
line 5
Taxes on corporate income
127,612 133,645 116,718
line 6
Taxes from the rest of the world
9,454 9,410 8,832
line 7
Contributions for government social insurance
437,753 489,491 421,062
line 8
Income receipts on assets
16,599 16,816 11,391
line 9
Current transfer receipts
19,232 16,881 17,565
line 10
Current surplus of government enterprises
-2,531 -2,394 -1,008
line 11
Current expenditures
1,763,064 1,716,845 1,630,714
line 12
Consumption expenditures
361,398 345,244 339,745
line 13
Current transfer payments
1,099,412 1,073,980 1,022,882
line 14
Government social benefits
829,989 819,049 777,214
line 15
To persons
821,432 810,585 769,132
line 16
To the rest of the world
8,557 8,464 8,082
line 17
Other current transfer payments
269,422 254,931 245,668
line 18
Grants-in-aid to state and local governments
239,049 239,322 222,718
line 19
To the rest of the world
30,373 15,610 22,950
line 20
Interest payments
279,240 274,198 242,096
line 21
To persons and business
220,115 215,615 184,716
line 22
To the rest of the world
59,125 58,583 57,380
line 23
Subsidies
23,014 23,423 25,991
line 24
Net federal government saving
-552,308 -459,085 -470,879
Addenda:
line 25
Gross government investment
118,156 113,685 111,264
line 26
Consumption of fixed capital
100,156 98,705 95,160
   

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