Federal Government Receipts and Expenditures, 1978–2008
Updated August 5, 2020 |
Infoplease Staff
Below you will find United States government receipts and expenditures from Defense to Medicaid.
| Current dollars (billions) | Percent distribution | |||||||
|---|---|---|---|---|---|---|---|---|
| 1978 | 1988 | 1998 | 20081 | 1978 | 1988 | 1998 | 20081 | |
| Receipts | $446.5 | $997.2 | $1,844.2 | $2,651.0 | 100.0% | 100.0% | 100.0% | 100.0% |
| Personal tax and nontax payments | 193.8 | 414.4 | 858.0 | 1,205.5 | 43.4 | 41.6 | 46.5 | 45.5 |
| Corporate profits tax | 71.4 | 111.0 | 204.9 | 260.3 | 16.0 | 11.1 | 11.1 | 9.8 |
| Contributions for social insurance | 152.4 | 410.9 | 685.5 | 1,057.6 | 34.1 | 41.2 | 37.2 | 39.9 |
| Indirect business tax | 28.9 | 60.9 | 95.9 | 127.6 | 6.5 | 6.1 | 5.2 | 4.8 |
| Expenditures | $478.1 | $1,118.5 | $1,771.4 | $2,537.9 | 100.0% | 100.0% | 100.0% | 100.0% |
| Defense consumption | 118.4 | 297.9 | 301.5 | 389.3 | 24.8 | 26.6 | 17.0 | 15.3 |
| Nondefense consumption | 50.4 | 89.9 | 159.6 | 232.1 | 10.5 | 8.0 | 9.0 | 9.1 |
| Transfer payments | 186.2 | 437.2 | 816.6 | 1,351.6 | 38.9 | 39.1 | 46.1 | 53.3 |
| To persons | 182.4 | 425.8 | 803.4 | 1,332.4 | 38.2 | 38.1 | 45.4 | 52.5 |
| Social Security | 91.4 | 213.9 | 369.6 | 587.3 | 19.1 | 19.1 | 20.9 | 23.1 |
| Medicare | 24.9 | 86.5 | 217.0 | 431.1 | 5.2 | 7.7 | 12.2 | 17.0 |
| Federal retirement | 20.7 | 48.1 | 75.2 | 111.5 | 4.3 | 4.3 | 4.2 | 4.4 |
| Other | 13.7 | 21.3 | 28.1 | 36.2 | 2.9 | 1.9 | 1.6 | 1.4 |
| To foreigners | 3.8 | 11.4 | 13.2 | 19.3 | 0.8 | 1.0 | .7 | .8 |
| Grants-in-aid | 77.3 | 111.2 | 231.1 | 380.3 | 16.2 | 9.9 | 13.0 | 15.0 |
| Medicaid | 11.0 | 31.5 | 101.8 | 189.2 | 2.3 | 2.8 | 5.7 | 7.5 |
| Other | 66.3 | 79.7 | 129.3 | 191.0 | 13.9 | 7.1 | 7.3 | 7.5 |
| Net interest paid | 34.6 | 148.4 | 226.1 | 149.7 | 7.2 | 13.3 | 12.8 | 5.9 |
| Net subsidies | 11.4 | 33.9 | 36.6 | 34.9 | 2.4 | 3.0 | 2.1 | 1.4 |
| Wage accruals less disbursements | .1 | .0 | .0 | .0 | .0 | .0 | .0 | .0 |
| Surplus/deficit | –31.6 | –121.3 | 72.8 | 113.2 | — | — | — | — |
| Surplus/deficit as percentage of gross domestic product | –1.4% | –2.4% | .9% | .9% | — | — | — | — |
1. Projected.
Source: Bureau of Labor Statistics; Monthly Labor Review.
| The Federal Budget, 2004–2009 | U.S. Economy and the Federal Budget | Summary of Federal Government Expenditure, by State and Territory, Fiscal Year 2006 |
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