ECONOMIC

TABLE C-67.—Receipts and expenditures of the government sector of the national income and productaccounts, 1929-73[Billions of dollars]1929.19331939...1940...L9411942 ..19431944 ..1945194619471948 .1949Calendar year or quarter1950... . .19511952...19531954...19551956 ..19571958 .1959196019611962196319641965 .196619671968...19691970197119721973*11.3Total government9.315.417.725.032.649 251.253.250.956.858.956.068.784 889.894 389.7100 4109.0115 6114.7128.9139 8144.6157.0168.8174.1189.1213.3228 9263.5296.7302.5322.0368.2419.010.310.717.618 428.864 093 3103 092.745 542.450 359.160.879 093.7101 296.797 6104.1114 9127 2131.0136 1149 0159.9166.9175 4186.9212 3242 9270.3287.9312.7340.2370.9407.4ReceiptsExpendituresSurplusordeficit1.0-1.4-2.2_ 7-3.8-31 4-44 1-51 8-39.55 414.48 5-3.27.95 8-3.8-6 9-7.02 74.9 7-12 5-2.13 7-4 3-2.91.8-1 42.21.1-13 9-6.88.8-10.1-18.1-2.811.6Federal GovernmentState and localgovernment203.9 -11.9 135.0 133.2 1.8221.0 -22.2 152.3 148.3 4.0244.6 -15.9 177.2 164.0 13.1264.7 .6 194.8 183.8 11.0Surplusorplus orSur-deficitdeficitExpendituresincome ceiptsnational Re-Expendituresnationalandincomeandproductacuctac-prodcountcounts3.8 2.6 1.2 7.6 7.8 -0.22.7 4.0 -1.3 7.2 7.2 -.16.7 8.9 -2.2 9.6 9.6 0)10.0 -1 3 10 0 9 3 .620.510.4 9.1 1.356.1 -331 10 6 8 8 1.885 8 -46 6 10 9 8 4 2.595.5 -54 5 11 1 8 5 2.784.6 -42.1 11.6 9.0 2.635 6 3 5 12 9 11 0 1.929.8 13.4 15.3 14.3 1.034 9 8 4 17 6 17 4 .141.3 -2.4 19.3 20.0 -.740.8 9.1 21.1 22.3 -1.257.8 6 2 23 3 23 771.0 -3.8 25.2 25.3 ( 2 )77.0 -7 0 27 2 27 0 .169.7 -5.9 28.8 29.9 -1.168.1 4 0 31 4 32 7 -1.371.9 5.7 34.7 35.6 -.979 6 2 1 38 2 39 5 -1 488.9 -10.2 41.6 44.0 -2.391.0 -1.2 46.0 46.8 -.893 0 3 5 49 9 49 6 .2102.1 -3.8 53 6 54.1 -.5110.3 -3.8 58.6 57.6 .9113.9 .7 63.4 62.2118 1 -3.0 69 5 67 8123.5 1.2 75.5 74.5 1.0142.8 -.2 85.2 83.9 1.3163 6 -12.4 93 5 95 1 - 1.6181.5 -6.5 107.1 107.5 -.3189.2 8.1 119.7 119.0 .7nationalincomeandproductaccountsReceipts8.615.422 939 341.042.539 143.243 338.949.964 067.270 063.872 177.681 678.789.796 598 3106.4114.5115 0124.7142.5151 2175.0197.3192.0198.9228.7265.4Seasonally adjusted annual rates1971: 1IIIII . .IV1972: 1.IIIIIIV1973: 1III312.5319.0324.4332.2356.8363.4370.6381.9402.7414.7425.0328 4338 8342.8350.7362.2367 2368 5385.7393.8403.2410.7421.9-15 9-19.7-18.4-18.6-5.4-3 92.0-3.88.911.614.3194 8197.7199.4203.5222.9225.4229.6236.9253.6262.4269 5212 4221.2222.6228.0236.6244 4237.0260.3258.6262.4265.6272.4-17.6-23.5-23.2-24.5-13.8-19.0-7.4-23.4-5.0.04.0145 1150 6154.3159.3166.2175 9175.3191.2190.2192.8196.0143.4146.9149.5153.4157.8160.8165.9171.6176.4181.2185.7191.91.73.74.85.98.415.29.519.613.911.510.4i Surplus of $32 million.3 Deficit of $41 million.Note.—Federal grants-in-aid to State and local governments are reflected in Federal expenditures and State and localreceipts and expenditures. Total government receipts and expenditures have been adjusted to eliminate this duplication.Source: Department of Commerce, Bureau of Economic Analysis.328