Budget - -248 NIPA Government Receipts and Expenditures...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
US Federal Budget (Billions of Dollars) 1990 2000 2005 2006 National Defense 300 295 494 520 Nondefense discretionnary 201 320 474 496 Social insurance Social Security 247 406 519 544 Medicare 107 216 333 374 Unemployment 17 21 32 31 Other retirement/disability 76 114 148 149 Other 88 43 69 106 Public assistance Medicaid 41 118 182 181 Family support 12 21 24 24 SSI 12 31 38 37 Food Stamps 16 18 33 35 Child nutrition 5 9 13 14 Earned income and child tax credits 4 27 49 52 Foster care 5 6 6 Net interest 184 223 184 227 Offsetting receipts -59 -79 -126 -141 Total spending 1,253 1,789 2,472 2,655 Total revenues 1,032 2,026 2,154 2,407 Surplus/Deficit(-) -221 237 -318
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: -248 NIPA Government Receipts and Expenditures (Billions of Dollars) 1990 2000 2005 2006 Current Receipts Federal 1,082 2,054 2,243 2,496 State and Local 738 1,320 1,707 1,798 Federal Grants-111-247-361-359 Total 1,708 3,126 3,589 3,935 Current Expenditures Federal 1,254 1,864 2,562 2,716 State and Local 731 1,270 1,692 1,773 Federal Grants-111-247-361-359 Total 1,873 2,887 3,892 4,130 Net Government Savings Federal-172 190-318-220 State and Local 7 50 15 25 Total-165 240-303-195...
View Full Document

This note was uploaded on 06/30/2009 for the course ECON 103 taught by Professor Sandrablack during the Fall '07 term at UCLA.

Page1 / 2

Budget - -248 NIPA Government Receipts and Expenditures...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online