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Report - The American Presidency Project

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TABLE C-68.—Receipts and expenditures of the Federal Government sector of the national incomeand product accounts, 1949-75[Billions of dollars]Year or quarterFiscal year:19491950195119521953195419551956195719581959196019611962196319641965196619671968196919701971..19721973 v1974 21975 2Calendar year:1949195019511952195319541955195619571958195919601961196219631964196519661967196819691970197119721973 v1972: IIIIIIIV1973: IIIIllTotal40.042.060.865.169.365.867.275.880.777.985.494.895.3104.2110.2115.5120.5132.8147.2160.6190.4195.2192.6213.7243.3280.5304.838.949.964.067.270.063.872.177.681.678.789.796.598.3106.4114.5115.0124.7142.5151.2175.0197.3192.0198.9228.7265.4222.9225.4229.6236.9253.6262.4269.5ceipts16.316.523.228.831.430.329.733.636.736.338.242.543.647.349.650.751.357.664.571.490.093.687.4100.1107.2123.7135.316.118.126.131.032.229.031.435.237.436.839.943.644.748.651.548.653.861.767.579.794.892.289.9107.9114.5105.6106.6108.1111.3108.5111.4116.9121.1Receipts11.011.921.519.319.717.318.721.120.617.821.522.320.322.923.525.727.731.031.233.737.433.332.234.743.850.350.29.817.021.518.519.517.020.620.620.218.022.521.721.822.724.626.429.332.130.736.736.631.033.337.849.836.036.738.040.746.650.851.0PersonaltavtaxandnontaxCorporateprofitstaxaccrualsIndi-8.08.29.59.710.710.410.010.811.711.611.913.213.314.215.015.616.915.715.817.118.619.220.119.920.923.327.58.08.99.410.310.99.710.711.211.811.512.513.513.614.615.316.116.515.716.318.019.019.320.419.921.019.719.719.920.320.721.220.8-21.54.85.56.67.37.57.88.710.211.712.213.816.718.119.922.123.524.628.535.738.344.449.152.959.071.483.291.84.95.97.17.47.48.19.310.612.212.414.817.718.220.523.123.825.133.036.740.746.949.555.263.080.1Total i39.642.444.666.075.874.267.369.876.083.190.991.398.0106.4111.4116.9118.5131.9154.5172.5185.7195.9212.6233.2255.1285.2313.441.340.857.871.077.069.768.171.979.688.991.093.0102.1110.3113.9118.1123.5142.8163.6181.5189.2203.9221.0244.6264.7busi-nesstaxandnontaxaccrualsContributionsforsocialinsurancePurchasesofgoodsandservices19.319.025.146.656.153.243.945.247.750.754.752.755.560.963.465.764.471.785.394.999.498.095.9103.2104.5111.5121.620.118.437.751.857.047.444.145.649.553.653.753.557.463.464.265.266.977.890.798.898.896.298.1104.4106.9ExpendituresTransferpaymentsTopersons8.111.38.18.59.310.512.112.814.417.819.820.623.625.126.427.328.331.837.242.748.554.867.475.886.8102.5120.78.710.88.58.89.511.512.413.415.719.520.121.524.925.527.027.830.333.440.046.150.361.072.380.193.1Toforeigners(net)5.04.33.12.62.11.72.11.81.91.71.81.82.12.12.12.22.22.32.22.12.22.02.32.82.64.72.85.13.63.12.12.01.82.01.91.81.81.81.92.12.22.22.22.22.32.22.12.12.22.62.72.4Seasonally adjusted annual rates61.562.463.664.677.879.180.882.6236.6244.4237.0260.3258.6262.4265.6272.4106.0106.7102.3102.7105.5107.3106.8107.876.877.378.088.589.791.594.296.92.92.82.82.52.12.32.52.6Grantsin-aidto Stateandlocalgovernments2.12.42.42.52.82.93.03.23.74.76.26.86.97.68.49.810.912.714.817.819.222.626.832.940.444.146.62.22.32.52.62.82.93.13.34.25.66.86.57.28.09.110.411.114.415.818.720.324.429.137.741.232.238.034.446.141.140.540.542.5Notwetinterestpaid4.34.44.64.84.85.04.95.15.55.75.97.06.86.87.58.18.59.09.910.912.314.014.313.414.418.219.64.44.54.74.74.95.04.95.3f> 75.66.47.16.67.27.78.38.79.510.211.713.114.613.613.515.913.113.613.413.714.715.616.216.90.81.01.31.1.91.01.31.72.82.52.42.33.23.83.63.84.14.55.14.14.14.75.85.26.44.22.1.81.21.31.0.81.11.52.42.62.72.12.53.84.03.64.24.35.44.64.14.65.55.36.15.45.55.96.26.75.55.15.35.7SubsidieslesscurrentsurplusofgovernmententerprisesSurplusordeficit->,nationalincomeandproductaccounts0.4-i!o-6.5-8.5-.16.04.7-5.1-5.53.5-2.7-2.1-1.2-1.42.0.9-7.3-11.94.7-.7-19.9-19.5-11.8-4.7-8.6-2.49.16.2-3.8-7.0-5.94.05.72.1-10.2-1.23.5-3.8-3.8.7-3.01.2-.2-12.4-6.58.1-11.9-22.2-15.9.6-13.8-19.0-7.4-23.4-5.0.04.01 Wage accruals less disbursements have been subtracted from total. These were (in billions of dollars at seasonallyadjusted annual rates) .0, -.1, .0, and .0 in the 4 quarters of 1972 and .0, -.1, .0, and .0 in the 4 quarters of 1973,respectively.2 Estimates.Sources: Department of Commerce (Bureau of Economic Analysis) and Office of Management and Budget.329527-867 O - 7 4 - 2 2

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