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US Data: Budget Receipt by Source, Outlays by Function

Release for: August 2018
Source: US Treasury Department
Data in millions of US dollars
---------------------------------------------------------------------------
                                                                       FYTD
                                           Aug-18   FYTD18   FYTD17   % chg
Receipts:
Individual income taxes                    106439  1521589  1421997     7.0
Corporation income taxes                    -3453   162551   233631   -30.4
Social ins. taxes and contributions:
Employment, retirement                      88335  1021912  1016469     0.5
Unemployment insurance                       3817    44793    45424    -1.4
Other retirement contributions                371     4072     3859     5.5
Excise taxes                                 8154    78909    72603     8.7
Estate and gift taxes                        1932    20693    21172    -2.3
Customs                                      4249    36726    31374    17.1
Miscellaneous                                9271    93940   119643   -21.5
Total Receipts                             219115  2985186  2966172     0.6
Outlays:
National defense                            64559   610313   571375     6.8
International affairs                        5242    43853    39028    12.4
General science, space, and technology       2948    28740    27744     3.6
Energy                                       -291     1777     3201   -44.5
Natural resources and environment            3034    34033    32707     4.1
Agriculture                                   519    25481    22861    11.5
Commerce and housing credit                  1402     4206   -13205  -131.9
Transportation                              10378    84021    84211    -0.2
Community and regional development           2780    41487    20892    98.6
Educ, training, employ and social svcs       9788    86287   129838   -33.5
Health                                      47793   474054   457377     3.6
Medicare                                    82739   562627   519568     8.3
Income security                             44851   471378   462592     1.9
Social security                            107922   929401   865310     7.4
Veterans benefits and services              23678   170612   154043    10.8
Administration of justice                    5348    56207    53926     4.2
General government                           1290    18705    17768     5.3
Net interest                                31873   332098   274563    21.0
Undistributed offsetting receipts          -12592   -91981   -83915     9.6
Total outlays                              433263  3883298  3639883     6.7
--MNI Washington Bureau; +1 (973) 494-2611; email: harrison.clarke@marketnews.com
[TOPICS: MTABLE,MAUDT$,M$U$$$]

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