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126 SUMMARY TABLES<br />

Table S–7. Proposed Budget in Population– and Inflation–Adjusted Dollars<br />

(In billions of constant dollars, adjusted for population growth)<br />

2017 2018 2019 2020 2021 2022 2023 2024 2025 2026<br />

Outlays:<br />

Appropriated (“discretionary”) programs:<br />

Defense ......................................................................................................... 608 572 556 544 533 515 509 504 498 492<br />

Non-defense .................................................................................................. 625 611 598 583 571 557 547 540 534 528<br />

Subtotal, appropriated programs ............................................................ 1,233 1,183 1,153 1,127 1,103 1,072 1,056 1,044 1,031 1,020<br />

Mandatory programs:<br />

Social Security .............................................................................................. 967 996 1,025 1,054 1,082 1,108 1,138 1,168 1,199 1,230<br />

Medicare ....................................................................................................... 598 583 617 634 657 713 711 700 760 779<br />

Medicaid ....................................................................................................... 386 393 400 410 419 429 438 450 463 478<br />

Other mandatory programs ......................................................................... 651 680 719 721 734 752 736 721 728 744<br />

Allowance for immigration reform .............................................................. 5 10 14 18 18 21 25 28 31 38<br />

Subtotal, mandatory programs ............................................................... 2,606 2,662 2,776 2,837 2,907 3,023 3,048 3,067 3,181 3,268<br />

Net interest ....................................................................................................... 303 373 432 477 507 531 554 568 580 596<br />

Adjustments for disaster costs 1 ........................................................................ 6 7 8 8 8 8 8 8 8 8<br />

Total outlays ................................................................................................. 4,147 4,226 4,370 4,449 4,526 4,635 4,667 4,687 4,800 4,892<br />

Receipts:<br />

Individual income taxes .................................................................................... 1,788 1,836 1,868 1,920 1,963 2,002 2,041 2,080 2,119 2,160<br />

Corporation income taxes ................................................................................. 419 478 494 524 514 474 445 439 434 430<br />

Social insurance and retirement receipts<br />

Social Security payroll taxes ...................................................................... 827 838 845 850 866 879 889 904 915 933<br />

Medicare payroll taxes ................................................................................ 254 258 261 263 268 273 276 281 284 290<br />

Unemployment insurance ............................................................................ 50 50 50 50 49 49 50 48 48 48<br />

Other retirement .......................................................................................... 10 10 10 11 11 11 11 11 12 12<br />

Excise taxes ....................................................................................................... 110 139 144 150 157 162 160 158 157 156<br />

Estate and gift taxes ......................................................................................... 22 31 32 33 35 37 39 41 43 46<br />

Customs duties .................................................................................................. 40 39 39 39 39 39 39 38 38 38<br />

Deposits of earnings, Federal Reserve System ................................................ 65 43 36 38 42 47 50 52 54 56<br />

Other miscellaneous receipts ........................................................................... 58 56 56 57 58 59 59 60 59 59<br />

Allowance for immigration reform ................................................................... 1 7 19 27 35 39 46 51 58 64<br />

Total receipts ................................................................................................ 3,644 3,786 3,853 3,962 4,038 4,070 4,105 4,164 4,222 4,292<br />

Deficit ................................................................................................................... 503 440 517 487 488 565 562 523 578 600<br />

Net interest ....................................................................................................... 303 373 432 477 507 531 554 568 580 596<br />

Primary deficit / surplus (–) ........................................................................ 201 67 84 10 –19 33 8 –45 –2 5<br />

On-budget deficit ............................................................................................... 502 420 476 417 407 466 439 382 415 423<br />

Off-budget deficit / surplus (–) .......................................................................... 2 20 41 70 81 99 122 141 163 178

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