Free Trial

US Data: Budget Receipt by Source, Outlays by Function

Release for: January 2019
Source: US Treasury Department
Data in millions of US dollars
--------------------------------------------------------------------------
                                                                      FYTD
                                          Jan-19   FYTD19   FYTD18   % chg
Receipts:
Individual income taxes                   197136   569931   602726    -5.4
Corporation income taxes                    6754    59863    75533   -20.7
Social ins. taxes and contributions:
Employment, retirement                    111769   378776   358881     5.5
Unemployment insurance                      3038     8922    11364   -21.5
Other retirement contributions               256     1483     1486    -0.2
Excise taxes                                6776    36204    27738    30.5
Estate and gift taxes                       1092     6126     7550   -18.9
Customs                                     6628    24455    12634    93.6
Miscellaneous                               6530    25458    32637   -22.0
Total Receipts                            339980  1111217  1130550    -1.7
Outlays:
National defense                           52467   240612   216818    11.0
International affairs                       2525    14603    15562    -6.2
General science, space, and technology      1806    10320    10475    -1.5
Energy                                       152     -246      643  -138.3
Natural resources and environment           2180    11480    14314   -19.8
Agriculture                                 2159    25228    22556    11.8
Commerce and housing credit                  286    -4155    -6277   -33.8
Transportation                              4908    28755    29240    -1.7
Community and regional development          2039    10621    20882   -49.1
Educ, training, employ and social svcs     11836    36039    32443    11.1
Health                                     43995   177889   165045     7.8
Medicare                                   51476   204820   175997    16.4
Income security                            31724   146211   136197     7.4
Social security                            86483   337842   321082     5.2
Veterans benefits and services              8508    67138    54457    23.3
Administration of justice                   4121    22222    21154     5.0
General government                          1450     5476     6401   -14.5
Net interest                               29263   128849   109297    17.9
Undistributed offsetting receipts          -6080   -42239   -40019     5.5
Total outlays                             331297  1421467  1306266     8.8
--MNI Washington Bureau; tel: +1 202-371-2121; email: kevin.kastner@marketnews.com
[TOPICS: MTABLE,MAUDT$,M$U$$$]

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.