Federal Reserve Economic Data

Section 8 - Not Seasonally Adjusted

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



   

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    Q1 1947    
 
 
    Q1 2025
Millions of Dollars
Line Name Q1 2025 Q4 2024 Q1 2024
line 1
Current receipts
1,361,517 1,285,677 1,280,886
line 2
Current tax receipts
800,665 781,641 763,479
line 3
Personal current taxes
622,705 602,380 592,983
line 4
Taxes on production and imports
47,711 46,035 43,565
line 5
Taxes on corporate income
120,966 123,732 117,752
line 6
Taxes from the rest of the world
9,283 9,493 9,178
line 7
Contributions for government social insurance
521,866 464,150 484,265
line 8
Income receipts on assets
17,061 16,474 15,493
line 9
Current transfer receipts
23,073 25,332 19,725
line 10
Current surplus of government enterprises
-1,148 -1,919 -2,077
line 11
Current expenditures
1,787,161 1,770,814 1,690,584
line 12
Consumption expenditures
356,088 358,766 337,169
line 13
Current transfer payments
1,126,299 1,107,579 1,062,552
line 14
Government social benefits
873,224 841,265 809,740
line 15
To persons
863,887 832,681 801,444
line 16
To the rest of the world
9,337 8,584 8,296
line 17
Other current transfer payments
253,075 266,314 252,812
line 18
Grants-in-aid to state and local governments
237,328 241,106 236,078
line 19
To the rest of the world
15,747 25,208 16,734
line 20
Interest payments
278,578 281,101 266,827
line 21
To persons and business
218,906 221,291 208,455
line 22
To the rest of the world
59,672 59,810 58,372
line 23
Subsidies
26,197 23,368 24,036
line 24
Net federal government saving
-425,645 -485,137 -409,698
Addenda:
line 25
Gross government investment
120,192 120,572 109,983
line 26
Consumption of fixed capital
103,166 101,692 97,343
   

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