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SECTION 8 - NOT SEASONALLY ADJUSTED:
Table 8.3. Federal Government Current Receipts and Expenditures, Not Seasonally Adjusted, Quarterly

   
    Q1 1947    
 
 
    Q1 2020
Millions of Dollars
Line Name Q1 2020 Q4 2019 Q1 2019
1
Current receipts
928,295 923,719 908,978
2
Current tax receipts
521,459 533,101 505,984
3
Personal current taxes
443,056 447,047 428,478
4
Taxes on production and imports
43,766 44,946 40,610
5
Taxes on corporate income
27,204 33,935 29,899
6
Taxes from the rest of the world
7,434 7,173 6,997
7
Contributions for government social insurance
363,624 347,005 357,409
8
Income receipts on assets
29,513 29,579 30,102
9
Current transfer receipts
14,882 15,821 17,176
10
Current surplus of government enterprises
-1,183 -1,788 -1,694
11
Current expenditures
1,242,619 1,211,360 1,170,787
12
Consumption expenditures
287,969 280,098 274,151
13
Current transfer payments
793,811 766,200 747,738
14
Government social benefits
619,277 598,267 582,553
15
To persons
613,024 592,187 576,652
16
To the rest of the world
6,253 6,080 5,900
17
Other current transfer payments
174,533 167,933 165,185
18
Grants-in-aid to state and local governments
158,487 152,740 149,862
19
To the rest of the world
16,047 15,193 15,323
20
Interest payments
142,005 144,719 130,908
21
To persons and business
113,039 113,650 99,461
22
To the rest of the world
28,966 31,069 31,446
23
Subsidies
18,834 20,342 17,991
24
Net federal government saving
-314,323 -287,641 -261,809
Addenda:
25
Gross government investment
77,504 80,058 74,848
26
Consumption of fixed capital
74,872 74,317 72,962
   

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