Federal Government receipts and expenditures
This table also can be found in the article, "The U.S. economy to 2020: recovery in uncertain times," published in the January 2012 Monthly
Labor Review.
Also available as: [ XLS]
Table 4.8 Federal Government receipts and expenditures, 1990, 2000, 2010, and projected 2020
Category |
Billions of current dollars |
Percent distribution |
Annual rate of change |
1990 |
2000 |
2010 |
2020 |
1990 |
2000 |
2010 |
2020 |
1990-2000 |
2000-10 |
2010-20 |
Receipts |
$1,082.8 |
$2,057.1 |
$2,429.6 |
$4,674.4 |
100.0 |
100.0 |
100.0 |
100.0 |
6.6 |
1.7 |
6.8 |
Tax receipts |
642.2 |
1,309.6 |
1,340.7 |
2,940.5 |
59.3 |
63.7 |
55.2 |
62.9 |
7.4 |
0.2 |
8.2 |
Personal taxes |
470.1 |
995.5 |
896.3 |
2,335.4 |
43.4 |
48.4 |
36.9 |
50.0 |
7.8 |
-1.0 |
10.1 |
Corporate income taxes |
118.1 |
219.4 |
329.6 |
397.6 |
10.9 |
10.7 |
13.6 |
8.5 |
6.4 |
4.2 |
1.9 |
Taxes on production and imports |
50.9 |
87.3 |
101.4 |
186.3 |
4.7 |
4.2 |
4.2 |
4.0 |
5.5 |
1.5 |
6.3 |
Taxes from the rest of the world |
3.0 |
7.3 |
13.3 |
21.2 |
0.3 |
0.4 |
0.5 |
0.5 |
9.2 |
6.2 |
4.8 |
Contributions for social insurance |
402.0 |
698.6 |
970.9 |
1,603.1 |
37.1 |
34.0 |
40.0 |
34.3 |
5.7 |
3.3 |
5.1 |
Income receipts on assets |
29.6 |
24.5 |
36.1 |
38.7 |
2.7 |
1.2 |
1.5 |
0.8 |
-1.9 |
3.9 |
0.7 |
Interest receipts |
27.0 |
19.3 |
29.9 |
34.3 |
2.5 |
0.9 |
1.2 |
0.7 |
-3.3 |
4.5 |
1.4 |
Rents and royalties |
2.6 |
5.2 |
6.2 |
4.4 |
0.2 |
0.3 |
0.3 |
0.1 |
7.0 |
1.8 |
-3.4 |
Transfer receipts |
14.3 |
25.7 |
69.7 |
95.1 |
1.3 |
1.3 |
2.9 |
2.0 |
6.1 |
10.5 |
3.1 |
From business |
10.8 |
15.0 |
48.8 |
64.4 |
1.0 |
0.7 |
2.0 |
1.4 |
3.3 |
12.5 |
2.8 |
From persons |
3.5 |
10.7 |
21.0 |
30.7 |
0.3 |
0.5 |
0.9 |
0.7 |
12.0 |
6.9 |
3.9 |
Surplus of government enterprises |
-5.3 |
-1.2 |
-4.8 |
-2.9 |
-0.5 |
-0.1 |
-0.2 |
-0.1 |
-13.6 |
14.7 |
-4.8 |
| |
Expenditures |
1,259.2 |
1,871.9 |
3,703.3 |
5,520.4 |
100.0 |
100.0 |
100.0 |
100.0 |
4.0 |
7.1 |
4.1 |
Consumption expenditures |
419.0 |
496.0 |
1,054.0 |
1,249.6 |
33.3 |
26.5 |
28.5 |
22.6 |
1.7 |
7.8 |
1.7 |
Transfer payments |
576.2 |
1,047.3 |
2,313.6 |
3,182.3 |
45.8 |
55.9 |
62.5 |
57.6 |
6.2 |
8.2 |
3.2 |
Government social benefits |
451.2 |
777.8 |
1,724.9 |
2,508.9 |
35.8 |
41.5 |
46.6 |
45.4 |
5.6 |
8.3 |
3.8 |
Social Security benefits |
244.1 |
401.4 |
690.2 |
1,202.6 |
19.4 |
21.4 |
18.6 |
21.8 |
5.1 |
5.6 |
5.7 |
Medicare benefits |
107.6 |
219.1 |
518.5 |
987.0 |
8.5 |
11.7 |
14.0 |
17.9 |
7.4 |
9.0 |
6.7 |
Unemployment benefits |
18.2 |
20.8 |
138.7 |
50.3 |
1.4 |
1.1 |
3.7 |
0.9 |
1.3 |
20.9 |
-9.6 |
Other benefits to persons |
75.1 |
127.9 |
361.0 |
244.2 |
6.0 |
6.8 |
9.7 |
4.4 |
5.5 |
10.9 |
-3.8 |
Benefits to the rest of the world |
6.2 |
8.6 |
16.6 |
24.8 |
0.5 |
0.5 |
0.4 |
0.4 |
3.4 |
6.7 |
4.1 |
Other transfer payments |
125.0 |
269.5 |
588.8 |
673.4 |
9.9 |
14.4 |
15.9 |
12.2 |
8.0 |
8.1 |
1.4 |
Grants-in-aid to state & local government |
111.4 |
247.3 |
531.5 |
614.4 |
8.8 |
13.2 |
14.4 |
11.1 |
8.3 |
8.0 |
1.5 |
To the rest of the world |
13.5 |
22.2 |
57.3 |
59.0 |
1.1 |
1.2 |
1.5 |
1.1 |
5.1 |
9.9 |
0.3 |
Interest payments |
237.4 |
283.2 |
279.9 |
1,032.0 |
18.9 |
15.1 |
7.6 |
18.7 |
1.8 |
-0.1 |
13.9 |
To persons and business |
196.7 |
198.7 |
143.8 |
418.0 |
15.6 |
10.6 |
3.9 |
7.6 |
0.1 |
-3.2 |
11.3 |
To the rest of the world |
40.8 |
84.5 |
136.1 |
614.0 |
3.2 |
4.5 |
3.7 |
11.1 |
7.6 |
4.9 |
16.3 |
Subsidies |
26.6 |
45.3 |
55.8 |
56.5 |
2.1 |
2.4 |
1.5 |
1.0 |
5.5 |
2.1 |
0.1 |
Less wage accruals less disbursements |
0.1 |
0.0 |
0.0 |
0.0 |
- |
- |
- |
- |
- |
- |
- |
| |
Net Federal Government saving |
-176.4 |
185.2 |
-1,273.7 |
-846.1 |
- |
- |
- |
- |
- |
- |
-4.0 |
| |
Surplus or deficit as percentage of gross domestic product |
-3.0 |
1.9 |
-8.8 |
-3.6 |
- |
- |
- |
- |
- |
- |
- |
|
|
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Last Modified Date: February 01, 2012
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