Table 3.2. Federal Government Current Receipts and Expenditures

Quarterly

				Billions of Dollars
	Line	Name	Period	Value	Preceding Period	Year Ago from Period
	line 1	Current receipts	.	.	.	.
	line 2	Current tax receipts	.	.	.	.
	line 3	Personal current taxes	Q1 2026	2,581.324	2,666.034	2,538.295
	line 4	Taxes on production and imports	Q1 2026	449.914	467.260	198.585
	line 5	Excise taxes	Q1 2026	102.180	101.352	100.040
	line 6	Customs duties	Q1 2026	346.150	364.324	96.965
	line 7	Other
	line 8	Taxes on corporate income	.	.	.	.
	line 9	Taxes from the rest of the world	Q1 2026	41.681	42.862	39.985
	line 10	Contributions for government social insurance	Q1 2026	2,068.311	2,029.622	1,973.972
	line 11	From persons	Q1 2026	2,061.313	2,022.776	1,967.306
	line 12	From the rest of the world	Q1 2026	6.998	6.846	6.665
	line 13	Income receipts on assets	Q1 2026	91.481	91.043	86.397
	line 14	Interest receipts	Q1 2026	72.189	70.937	66.317
	line 15	Dividends	Q1 2026	5.364	6.670	6.572
	line 16	Federal Reserve banks
	line 17	Other
	line 18	Rents and royalties	Q1 2026	13.928	13.436	13.508
	line 19	Current transfer receipts	Q1 2026	82.175	82.586	87.283
	line 20	From business	Q1 2026	54.055	55.729	57.018
	line 21	From persons	Q1 2026	25.320	25.884	25.968
	line 22	From the rest of the world	Q1 2026	2.800	0.973	4.297
	line 23	Current surplus of government enterprises	Q1 2026	-2.440	-1.653	-0.985
	line 24	Current expenditures	Q1 2026	7,681.055	7,583.663	7,313.597
	line 25	Consumption expenditures	Q1 2026	1,513.761	1,497.851	1,481.872
	line 26	Current transfer payments	Q1 2026	4,814.506	4,762.442	4,580.538
	line 27	Government social benefits	Q1 2026	3,771.030	3,724.500	3,563.661
	line 28	To persons	Q1 2026	3,732.169	3,685.874	3,526.452
	line 29	To the rest of the world	Q1 2026	38.861	38.626	37.209
	line 30	Other current transfer payments	Q1 2026	1,043.476	1,037.942	1,016.877
	line 31	Grants-in-aid to state and local governments	Q1 2026	997.948	992.734	955.683
	line 32	To the rest of the world	Q1 2026	45.527	45.208	61.194
	line 33	Interest payments	Q1 2026	1,218.938	1,227.495	1,144.212
	line 34	To persons and business	.	.	.	.
	line 35	To the rest of the world	.	.	.	.
	line 36	Subsidies	Q1 2026	133.851	95.875	106.974
	line 37	Net federal government saving	.	.	.	.
	line 38	Social insurance funds	Q1 2026	-897.999	-855.435	-765.571
	line 39	Other	.	.	.	.
		Addenda:
	line 40	Total receipts	.	.	.	.
	line 41	Current receipts	.	.	.	.
	line 42	Capital transfer receipts	Q1 2026	44.213	42.528	39.960
	line 43	Total expenditures	Q1 2026	8,525.952	7,771.061	7,540.702
	line 44	Current expenditures	Q1 2026	7,681.055	7,583.663	7,313.597
	line 45	Gross government investment	Q1 2026	473.692	473.986	467.856
	line 46	Capital transfer payments	Q1 2026	807.431	142.175	167.760
	line 47	Net purchases of nonproduced assets	Q1 2026	-0.416	-0.131	-0.169
	line 48	Less: Consumption of fixed capital	Q1 2026	435.811	428.632	408.341
	line 49	Net lending or net borrowing (-)	.	.	.	.