Economic Report of the President

TABLE B-72.—Federal budget receipts, outlays, and debt, fiscal years 1973-84—Continued[Millions of dollars; fiscal years]DescriptionActual1979 1980 1981 1982Estimates1983 1984BUDGET RECEIPTS AND OUTLAYS:Total receipts463,302517,112599,272617,766597,494659,702Federal fundsTrust fundsInterfund transactions..316,366186,988-40,052350,856210,930-44,674410,422239,413-50,563409,253268,407-59,894376,945314,755-94,206404,745330,210-75,253Total outlays..490,997576,675657,204728,375805,202848,483Federal fundsTrust fundsInterf und transactions....362,396168,653-40,052419,220202,129-44,674475,171232,596-50,563526,113262,155-59,894603,047296,361-94,206610,467313,269-75,253Total surplus or deficit (-)..-27,694-59,563-57,932-110,609-207,708-188,781Federal funds...Trust fundsOUTSTANDING DEBT, END OF PERIOD:-46,03018,335-68,3648,801-64,7496,817-116,8606,252-226,10218,393-205,72116,941Gross Federal debt833,751914,3171,003,9411,146,9871,383,7441,606,339Held by Government agencies..Held by the publicFederal Reserve System..Other189,162644,589115,594528,996199,212715,105120,846594,259209,507794,434124,466669,968217,560929,427134,497794,929239,3171,144,427258,9121,347,427BUDGET RECEIPTS...463,302517,112599,272617,766597,494659,702Individual income taxesCorporation income taxesSocial insurance taxes and contributionsExcise taxesEstate and gift taxesCustoms dutiesMiscellaneous receipts:Deposits of earnings by FederalSystemAllotherBUDGET OUTLAYS..Reserve217,84165,677138,93918,7455,41174398,327925490,997244,06964,600157,80324,3296,3897,17411,767981576,675285,91761,137182,72040,8396,7878,08312,834956657,204297,74449,207201,49836,3117,9918,85415,186975728,375285,19435,286210,31337,2576,1148,81913,4061,105805,202295,58951,770242,93740,3535,9029,13712,8191,195848,483National defenseInternational affairsGeneral science, space, and technologyEnergy .\Natural resources and environmentAgricultureCommerce and housing creditTransportationCommunity and regional developmentEducation, training, employment, and social services,HealthIncome securityVeterans benefits and servicesAdministration of justiceGeneral governmentGeneral purpose fiscal assistanceNet interestAllowancesUndistributed offsetting receipts117,6816,0915,0416,85612,0916,2382,57917,4599,54229,68546,962160,15919,9284,1534,0938,37242,606-8,538135,85610,7335,7226,31313,8124,7627,78821,12010,06830,76755,220193,10021,1834,5704,5058,58452,458-9,887159,76511,1306,35910,27713,5255,5723,94623,3819,39431,40265,982225,10122,9884,6964,6146,85668,726-16,509187,4189,9827,0704,67412,93414,8753,86520,5607,16526,30074,017248,34323,9554,6714,7266,39384,697-13,270214,76911,9397,7594,50612,08721,0751,92821,8767,37326,67682,362282,47224,4115,2735,7946,38288,936-20,414245,30513,2508,2503,3069,83212,15041325,1456,95125,25690,647282,42225,7245,4915,9936,968103,180949-22,750Composition of undistributed offsetting receipts:Employer share, employee retirementRents and royalties on the Outer ContinentalShelf-5,271-3,267-5,787-4,101-6,371-10,138-7,020-6,250-8,214-11,793-9,853-11,895Note.—Under provisions of the Congressional Budget Act of 1974,1... , ........fiscal year 1977. Through fiscal year 1976, the fiscal year was on a July 1-June 30 basis. Beginning October 1976 (fiscal year 1977).the fiscal year is on an October 1-September 30 basis. The period July 1,1976 through September 30, 1976 is a separate fiscal periodknown as the transition quarter.Refunds of receipts are excluded from receipts and outlays.See "Budget of the United States Government, Fiscal Year 1984" for additional information.Sources: Department of the Treasury and Office of Management and Budget.247