[Economic Indicators May, 2006] [Page Number 34] [From the U.S. Government Publishing Office, www.gpo.gov] FEDERAL SECTOR, NATIONAL INCOME ACCOUNTS BASIS In the first quarter of 2006, according to current estimates, Federal current receipts rose $94.2 billion (annual rate) while Federal current expenditures rose $27.5 billion. ________________________________________________________________________________________________________________________________________________ [Billions of dollars; quarterly data at seasonally adjusted annual rates] ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Federal Government current receipts Federal Government current expenditures -------------------------------------------------------------------------------------------------------------------------------------------------- Current tax receipts Contri- ---------------------------------------- butions Con- Net for Income Current sump- Cur- rent Federal Period Per- Taxes on Taxes on govern- receipts Current surplus of tion trans- Inter- Subsi- Govern- Total sonal produc- corpo- ment on transfer government Total \2\ expen- fer pay- est pay- dies ment Total \1\ cur- tion and rate social assets receipts enterprises di- ments ments saving rent imports income insur- tures taxes ance ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Calendar year: 1996........................... 1,524.0 932.4 663.4 73.2 190.6 542.8 26.9 23.1 -1.2 1,665.8 446.3 888.3 297.3 34.0 -141.8 1997........................... 1,653.1 1,030.6 744.3 78.2 203.0 576.4 25.9 19.9 .3 1,708.9 457.7 918.8 300.0 32.4 -55.8 1998........................... 1,773.8 1,116.8 825.8 81.1 204.2 613.8 21.5 21.5 .1 1,734.9 454.6 946.5 298.8 35.0 38.8 1999........................... 1,891.2 1,195.7 893.0 83.9 213.0 651.6 21.5 22.7 -.3 1,787.6 475.1 986.1 282.7 43.8 103.6 2000........................... 2,053.8 1,313.6 999.1 87.8 219.4 691.7 25.2 25.7 -2.3 1,864.4 499.3 1,038.1 283.3 43.8 189.5 2001........................... 2,016.2 1,252.2 994.5 85.8 164.7 717.5 24.9 27.1 -5.5 1,969.5 531.9 1,131.4 258.6 47.6 46.7 2002........................... 1,853.2 1,075.5 830.5 87.3 150.5 734.3 20.2 24.8 -1.6 2,101.1 591.5 1,243.0 229.1 37.5 -247.9 2003........................... 1,868.6 1,059.2 774.3 89.7 186.7 759.1 22.7 25.7 1.9 2,251.4 661.9 1,327.7 215.2 46.5 -382.7 2004........................... 1,974.8 1,122.4 801.8 94.0 217.4 802.5 21.9 28.6 -.5 2,381.3 725.7 1,391.2 221.5 43.0 -406.5 2005 r......................... 2,221.9 1,345.1 933.0 97.2 305.3 849.7 23.2 7.6 -3.7 2,548.4 769.6 1,475.0 249.1 54.7 -326.5 2002:III......................... 1,856.1 1,075.4 825.8 88.5 153.9 735.0 19.8 24.5 1.4 2,103.4 591.4 1,247.6 227.7 36.7 -247.3 IV......................... 1,856.6 1,078.0 818.0 88.0 164.2 734.4 19.9 24.0 .3 2,151.1 618.5 1,268.5 225.4 38.7 -294.6 2003:I........................... 1,881.4 1,084.4 806.7 90.1 180.7 749.0 19.5 24.8 3.7 2,177.4 634.7 1,285.0 217.0 42.0 -296.0 II......................... 1,896.3 1,089.6 811.2 89.7 178.8 756.4 22.8 25.5 2.1 2,270.1 667.6 1,332.1 214.9 54.2 -373.8 III........................ 1,808.9 994.5 708.8 88.8 189.1 762.9 24.0 26.2 1.4 2,265.1 668.4 1,339.0 212.2 45.5 -456.2 IV......................... 1,887.9 1,068.2 770.6 90.2 198.1 768.0 24.6 26.5 .6 2,292.9 676.8 1,354.8 216.8 44.4 -405.0 2004:I........................... 1,917.8 1,080.7 771.3 93.4 206.9 787.2 22.0 27.6 .3 2,347.2 710.7 1,379.3 216.9 41.8 -429.3 II......................... 1,951.4 1,108.1 786.3 93.4 219.9 793.5 21.5 28.1 .3 2,364.9 721.1 1,382.6 218.4 41.3 -413.4 III........................ 1,975.4 1,119.4 810.0 94.0 207.5 806.0 21.8 28.7 -.4 2,387.0 735.7 1,384.0 224.5 42.8 -411.6 IV......................... 2,054.6 1,181.3 839.7 95.1 235.3 823.4 22.2 30.0 -2.3 2,426.2 735.1 1,419.0 226.1 46.1 -371.6 2005:I........................... 2,196.6 1,305.1 908.3 95.4 291.7 841.1 23.0 30.4 -2.9 2,494.9 759.6 1,458.7 226.6 50.1 -298.3 II ........................ 2,227.9 1,331.8 924.3 98.3 300.8 845.1 24.3 30.2 -3.6 2,525.2 762.8 1,459.9 250.8 51.6 -297.3 III ....................... 2,155.8 1,343.2 945.0 97.5 290.7 855.4 22.8 -61.4 -4.3 2,563.7 782.9 1,474.4 250.8 55.6 -407.9 IV r....................... 2,307.3 1,400.2 954.4 97.6 338.0 857.3 22.7 31.3 -4.1 2,610.0 773.1 1,507.0 268.3 61.4 -302.7 2006:I r......................... 2,401.5 1,464.0 998.7 97.4 357.1 880.6 23.8 32.9 .2 2,637.5 806.1 1,532.9 245.9 52.6 -236.0 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ \1\ Includes taxes from the rest of the world, not shown separately. \2\ Includes a subtraction for wage accruals less disbursements, not shown separately. Note.--Revisions include changes to series affected by revised wage and salary estimates for 2005:IV. Source: Department of Commerce, Bureau of Economic Analysis.