Skip to main content

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

   
    Q1 1947    
 
 
    Q2 2019
Millions of Dollars
Line Name Q2 2019 Q1 2019 Q2 2018
1
Current receipts 		905,878 908,978 879,935
2
Current tax receipts 		486,389 505,984 480,653
3
Personal current taxes 		402,500 428,478 392,787
4
Taxes on production and imports 		39,266 40,610 37,756
5
Taxes on corporate income 		37,429 29,899 43,175
6
Taxes from the rest of the world 		7,193 6,997 6,934
7
Contributions for government social insurance 		370,656 357,409 351,716
8
Income receipts on assets 		33,853 30,102 26,921
9
Current transfer receipts 		16,982 17,176 20,941
10
Current surplus of government enterprises 		-2,001 -1,694 -295
11
Current expenditures 		1,207,782 1,170,787 1,123,005
12
Consumption expenditures 		276,416 274,151 259,634
13
Current transfer payments 		754,546 747,738 710,033
14
Government social benefits 		587,348 582,553 548,600
15
To persons 		581,388 576,652 542,909
16
To the rest of the world 		5,960 5,900 5,690
17
Other current transfer payments 		167,198 165,185 161,433
18
Grants-in-aid to state and local governments 		155,387 149,862 145,802
19
To the rest of the world 		11,811 15,323 15,632
20
Interest payments 		161,576 130,908 138,843
21
To persons and business 		130,456 99,461 108,869
22
To the rest of the world 		31,119 31,446 29,974
23
Subsidies 		15,245 17,991 14,495
24
Net federal government saving 		-301,904 -261,809 -243,070
Addenda:
25
Gross government investment 		76,117 74,848 71,749
26
Consumption of fixed capital 		73,225 72,962 71,297
   

Need Help?

Questions or Comments
FRED Help

Subscribe to the FRED newsletter

Follow us

Back to Top
Click to send us feedback