Monthly Treasury statement of receipts and outlays of the United States government for period from ..

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Material Information

Title:
Monthly Treasury statement of receipts and outlays of the United States government for period from ..
Sept. issue of each year has title:
Final monthly Treasury statement of receipts and outlays of the United States government
Portion of title:
Monthly Treasury statement
Final monthly Treasury statement
Abbreviated Title:
Mon. Treas. statement receipts outlays U.S. gov.
Physical Description:
v. : ; 28 cm.
Language:
English
Creator:
United States -- Dept. of the Treasury
United States -- Dept. of the Treasury. -- Financial Management Service
Publisher:
Dept. of the Treasury
Place of Publication:
Washington, D.C.?
Frequency:
monthly
regular

Subjects

Subjects / Keywords:
Finance, Public -- Accounting -- Statistics -- Periodicals -- United States   ( lcsh )
Genre:
federal government publication   ( marcgt )
statistics   ( marcgt )
periodical   ( marcgt )

Notes

Additional Physical Form:
Vol. for June 30, 1994 distributed to depository libraries in microfiche.
Additional Physical Form:
Available via Internet from the Financial Management Service web site. Address of current issue as of 5/20/04: http://www.fms.treas.gov/mts/index.html; address of back issues as of 5/20/04: http://www.fms.treas.gov/mts/backissues.html. Current access is available via PURL.
Dates or Sequential Designation:
Began with July/Nov. 1974; ceased with June 2008.
Issuing Body:
Vols. for <Oct. 1979>-Apr. 1986 issued by U.S. Dept. of Treasury; May 1986-<Mar. 1996>, <Jan. 1998-> by U.S. Dept. of Treasury, Financial Management Service.
General Note:
Title varies slightly.
General Note:
Effective July 2008, paper copies will only be available only upon request.
General Note:
Description based on: Oct. 1, 1979 through Feb. 29, 1980; title from caption.

Record Information

Source Institution:
University of Florida
Rights Management:
All applicable rights reserved by the source institution and holding location.
Resource Identifier:
oclc - 02520295
lccn - 97656143
issn - 0364-1007
ocm02520295
Classification:
lcc - HJ10.2 .M66
ddc - 336.73/05
System ID:
AA00010653:00066

Related Items

Preceded by:
Monthly statement of receipts and outlays of the United States government
Succeeded by:
Monthly Treasury statement of receipts and outlays of the United States government (Online)

Full Text



For Fiscal Year 1988
Through March 31, 1988,
.-a-d Other Periods
*. ( '. 4 -


Monthly Treasury Statement

of Receipts and Outlays of

the United States Governmei


4*~L

--~
I -`

irc
7


-epartment of the Treasury
Financial Management Service

- -- -o-o-


-- - ---
C I "I^ ^ ^ ^J ^
S--S


Summary -
page 2


Receipts
Outlays
by Month


Receipts -
page 6


Federal
Trust Funds
Securities -


page 26 page
)pase~~~b ;~~iPUg~ I"..


28


Outlays -
page7





Receipts
by Source
Outlays by,
Function -
page 29


Deficit
Financing -
page 20





Explanatory
Notes -
page 30







Introduction


The Monthly Treasury Statement of Receipts and Outlays of the United States
Government (MTS) is prepared by the Department of the Treasury, Financial Manage-
ment Service, and after approval by the Fiscal Assistant Secretary of the Treasury,
is normally released on the 15th workday of the month following the reporting month.
The publication is based on data provided by Federal entities, disbursing officers,
and Federal Reserve banks.


Audience
The MTS is published to meet the needs of: Those responsible for or interested
in the cash position of the Treasury; Those who are responsible for or interested
in the Government's budget results; and individuals and businesses whose opera-
tions depend upon or are related to the Government's financial operations.


Disclosure Statement
This statement summarizes the financial activities of the Federal Government
and off-budget Federal entities conducted in accordance with the Budget of the U.S.
Government, i.e., receipts and outlays of funds, the surplus or deficit, and the means
of financing the deficit or disposing of the surplus. Information is presented on a
modified cash basis: receipts are accounted for on the basis of collections; outlays


of receipts are treated as deductions from gross receipts; revolving and manage-
ment fund receipts, reimbursements and refunds of monies previously expended
are treated as deductions from gross outlays; and interest on the public debt (public
issues) is recognized on the accrual basis. Major information sources include ac-
counting data reported by Federal entities, disbursing officers, and Federal Reserve
banks.

Triad of Publications
The MTS is part of a triad of Treasury financial reports. The Daily Treasury State-
ment is published each working day of the Federal Government. It provides data
on the cash and debt operations of the Treasury based upon reporting of the
Treasury account balances by Federal Reserve banks. The MTS is a report of
Government receipts and outlays, based on agency reporting. The U.S. Govern-
ment Annual Report is the official publication of the detailed receipts and outlays
of the Government. It is published annually in accordance with legislative mandates
given to the Secretary of the Treasury.

Data Sources and Information
The Explanatory Notes section of this publication provides information concern-
ing the flow of data into the MTS and sources of information relevant to the MTS.


Table 1. Summary of Receipts, Outlays, and the Deficit/Surplus of the U.S. Government, Fiscal Years 1987 and 1988,
by Month (in millions)


Period Receipts Outlays Deficit/Surplus (-)


FY 1987
October .... ....
November .. ...
December ....
January .. .....
February ...
M arch .. .... .. ....
A p ril ....... .. ..... .
M ay ....
June .......
July ...... ....
August ..
September .. ...

Year-to-Date ....................





FY 1988
October .... ..
November ........
December ....
January .. .
February .
March .

Year-to-date ....................


$59,012
52,967
78,035
81,771
55,463
56,515
122,897
47,691
82,945
64,223
60,213
92,410


$84,302
80,054
90,404
83,928
83,842
84,447
83,988
83,264
83,429
86,431
81,890
77,087


$25,290
27.087
12,369
2,157
28,379
27,932
-38,909
35,573
484
22,208
21,677
-15,323


854,143 1,21,003,067 1'2148,924






62,354 93,055 30,701
56,987 83,911 26.924
85,525 109,771 24,246
81,791 65,786 -16.005
60,355 84.258 23.903
64,961 94,108 29,147

$411,973 2 $530,890 2 $118,918


'The FY 1989 Budget of the United States (released on February 18, 1988) revised FY 1987 outlays to $1,004,586 million and the deficit to $150,444 million Adjustments to reclassify Thrift Savings
Fund ( $736 million) to a non-budgetary status and adjustments to outlays for the Department of Agriculture ( $757 million) and the Department of Housing and Urban Development
( $19 million) will be made in future months T,.-..', .11 continue to reflect a difference for the Small Business Administration (+ -F m.i'n...
2A total adjustment of $920 million for F'I 1987 and $1,565 million thru February 1988 has been distributed by mtonin for notes issued by Federal Savings and Loan
Insurance Corporation (FSLIC) in lieu of cash and not reported as outlays. All previous adjustments have been reversed prior to these corrections.
Note: Details may not add to totals due to rounding.
Source: Financial Management Service, Department of the Treasury.






Table 2. Summary of Budget and Off-Budget Results and Financing of the U.S. Government, March 1988 and
Other Periods (In millions)


Total on-budget and off-budget results:
Total receipts ................... .......... .

On-budget receipts ....................... .
Off-budget receipts .........................

Total outlays ..................................

On-budget outlays ....................... ....
Off-budget outlays .................. ... .

Total surplus (+) or deficit (-) ...................

On-budget surplus (+) or deficit (-) ............
Off-budget surplus (+) or deficit (-) ............

Total on-budget and off-budget financing ...........

Means of financing:
By Borrowing from the public ..................
By Reduction of operating cash, increase (-).....
By Other means .............. ..............


$64,961 $411,973 $909,163 $383,763 $964,674

44,189 299,712 669,264 282,086 706.193
20.772 112,261 239,899 101,678 258,481

94,108 530,890 1,055,904 506,977 1,094,215

76.088 431,053 852,778 411,557 880,873
18,020 99,837 203.126 95,420 213,342

-29,147 -118,918 -146,741 -123,214 -129,542

-31,899 -131,342 -183,514 -129,471 -174,680
+2,752 +12,424 +36,773 +6,258 +45,139

29,147 118,918 146,741 123,214 129,542


17,160
6,009
5,979


104,737
13,522
658


127,247
16,436
3,058


97,880
22,414
2,920


127,021

2,521


'Based on the FY 1989 Budget of the United States released by the Office of Management and Budget on February 18. 1988.
Note: Details may not add to total due to rounding.
Source: Financial Management Service, Department of the Treasury.


Figure 1. Monthly Receipts, Outlays, and Budget Deficit/Surplus of the U.S. Government, Fiscal Years 1987 and 1988

In billions of dollars
150

120 Outlays


90



Receipts
30

0


-30


60 Deficit (-)/Surplus

90


Dec. Feb. Apr. June Aug.


Dec. Feb. Mar.


Oct.
FY
87






Figure 2. Monthly Receipts of the U.S. Government, by Source, Fiscal Years 1987 and 1988

In billions of dollars
140

120 Total Receipts

100

80 Social Security Taxes
80

60

40

20

0
0 -Other Taxes and Receipts .. .

Oct. Dec. Feb. Apr. June Aug. Oct. Dec. Feb. Mar.
FY FY
87 88






Figure 3. Monthly Outlays of the U.S. Government, by Function, Fiscal Years 1987 and 1988

In billions of dollars
120


100 Total Outlays


80
Social Security & Medicare
60

Other Non Defense
40

2 National Defense:


0 Interest
es


Dec. Feb. Mar.


Oct. Dec. Feb. Apr. June Aug. Oct.
FY FY
87 88






Table 3. Summary of Receipts and Outlays of the U.S. Government, March 1988 and Other Periods (in millions)


Actual Actual Actual Budget
Classification This Month This Fiscal Comparable Estimates
Year to Date Prior Period Full Fiscal Year'


Budget Receipts
Individual income taxes ............. ..... .. $19,868 183,511 $172,341 $393,395
Corporation income taxes ........................ 12,706 38,582 35,490 105,567
Social insurance taxes and contributions:
Employment taxes and contributions (off-budget).......... 20,772 112,261 101,678 239,899
Employment taxes and contributions (on-budget) .... .... 4,369 29,789 28,533 63,170
Unemployment Insurance ...... ..... ...... 179 7,253 7,582 23,727
Other retirement contributions ............... 356 2,330 2,379 4,717
Excise taxes ... ...................... ........ 2,885 16,684 15,865 35,342
Estate and gift taxes ......... ....... ..... 622 3,485 3,605 7,567
Customs duties ............. .. ........ ... 1,444 7,922 7,112 16.399
Miscellaneous receipts ......... ... .. 1,760 10,156 9,178 19,380

Total Receipts ...................................... 64,961 411,973 383,763 909,163

(On-budget) ...................................... 44,189 299,712 282,086 669,264

(Off-budget) ...................................... 20,772 112,261 101,678 239,899

Budget Outlays
Legislative Branch ..... ... ................. 141 921 836 1,942
The Judiciary ............... ... .......... 222 650 529 1,359
Executive Office of the President ......... ........ 8 61 55 124
Funds Appropriated to the President .. .............. 654 4,148 5,684 5,233
Department of Agriculture ................. ............ 4,358 26,074 31,836 50,715
Department of Commerce .......... ........ 206 1.114 1.126 2,485
Department of Defense-Military. .... ............... 25,756 142,321 134,748 277,275
Department of Defense-Civil ....... .. ...... 1,818 10,877 10,251 22,284
Department of Education ................ ... .. 1,545 9,969 9,375 18,796
Department of Energy ....... .... ............. 993 5,766 5,430 10,506
Department of Health and Human Services,
except Social Security .................. .. 14,084 77,451 73,143 160,432
Department of Health and Human Services, Social Security .... 18,395 104,983 99,371 214,695
Department of Housing and Urban Development ............. 1,605 9,645 7,526 18,553
Department of the Interior ................. .. .... 348 2,529 2,569 5,407
Department of Justice ...................... ........ 407 2.512 1,924 5,151
Department of Labor ........... ............... 1,871 10,626 11,930 22,009
Department of State ....... ... ....... ... 221 1,681 1,416 3,321
Department of Transportation ............ ....... 1,790 12,313 12,067 26,323
Department of the Treasury:
Interest on the Public Debt ....... ............... 14,436 105,247 96,056 210,058
Other ............. .... .............. ........ 1,301 -6,244 -5.884 11,160
Environmental Protection Agency ........... 423 2.413 2,437 4,853
General Services Administration ............... 139 -141 -34 -135
National Aeronautics and Space Administration ............... 804 4,584 3,693 9,112
Office of Personnel Management ....... ..... 2,510 14,374 12,772 28,493
Small Business Administration ............ .... -29 88 95 280
Veterans Administration .................................. 2,555 14,226 13,373 27,623
Other independent agencies ....... ........... 3,107 29,116 29,150 17,886
Allowances, undistributed .......
Undistributed offsetting receipts:
Interest . ................. ........ -156 -19,650 -17,499 -41,592
Other .......... .............. ..... -2,802 -16,764 -16,997 -36,123

Total Outlays ...................................... 94,108 2530,890 2506,977 1,055,904

(On-budget) ................................... 76,088 431,053 411,557 852,778

(Off-budget) ......... ......... .................. 18,020 99,837 95,420 203,126

Surplus (+) or deficit (-) ........................... -29,147 2 118,918 2- 123,214 -146,741

(On-budget) ..................................... -31,899 -131,342 -129,471 -183,514

(Off-budget) ..................................... + 2,752 +12,424 + 6,258 + 36,773

'Based on the FY 1989 Budget of the United States released by the Office of Management and Budget on February 18, 1988
2A total adjustment of $920 million for FY 1987 and $1.565 million thru February 1988 has been distributed by month for notes issued by Federal Savings and Loan Insurance Corporation (FSLIC)
in lieu of cash and not reported as outlays. All previous adjustments have been reversed prior to these corrections
Source: Financial Management Service, Department of the Treasury.








Table 4. Receipts of the U.S. Government, March 1988 and Other Periods (in millions)

This Month Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross RefundsReceipts Gross Refunds Receipts Gross Refunds Rec
Receipts (Deduct) Receipts (Deduct) Receipts (Deduct) Rece


Individual Income taxes:
W withheld ...... ...... ...... ... .. ....
Presidential Election Campaign Fund ................
O their ........................... ..
Total-individual Income taxes ...................

Corporation Income taxes ....................... .

Social Insurance taxes and contributions:
Employment taxes and contributions:
Federal old-age and survivors ins. trust fund:
Federal Insurance Contributions Act taxes ..........
Self-Employment Contributions Act taxes ......... .
Deposits by States ....................... .
Other ........
Total-FOASI trust fund ..... .
Federal disability insurance trust fund:
Federal Insurance Contributions Act taxes ..........
Self-Employment Contributions Act taxes ...........
Receipts from Railroad Retirement Account .......
Deposits by States .. ................... ..
O their ............. ...... .
Total-FDI trust fund ... ................ .
Federal hospital insurance trust fund:
Federal Insurance Contributions Act taxes ..........
Self-Employment Contributions Act taxes .........
Receipts from Railroad Retirement Board .........
Deposits by States ........... .. ..........
Total-FHI trusi fund ..... .......... .. ...
Railroad retirement accounts:
Rail industry pension fund .. .......... ...
Railroad social security equivalent benefit .......

Total-Employment taxes and contributions .......
Unemployment insurance:
Unemployment trust fund:
State taxes deposited in Treasury .........
Railroad debt Repayment ....... ......... .
Federal Unemployment Tax Act taxes ............
O their ........... .... ..... .......
Total-Unemployment trust fund ....... .......
Federal employees retirement contributions:
Civil service retirement and disability fund .. .......
Foreign service retirement and disability fund.......
O their .. ............ ........ ..... ..
Total-Federal employees retirement contributions..
Other retirement contributions.
Civil service retirement and disability fund ..........

Total-Social Insurance taxes and contributions ......
Excise taxes:
Miscellaneous excise taxes' ...... ........ .. .
Airport and airway trust fund .........................
Highway trust fund ................. ...............
Black lung disability trust fund .... .. ...... ...
Total-Excise taxes .............................

Estate and gift taxes ...............................

Customs duties .............. .................
Miscellaneous receipts:
Deposits of earnings by Federal Reserve banks .........
All other .
Total-Miscellaneous receipts ....................

Total- Receipts ................................

Total-On-budget ............................

Total- Off-budget ........................... .

'Includes amounts received for Windfall Profits Tax pursuant to P.L
No Transactions.
( )Less than $500.000
ote Details may not add to totals due to rounding
Source Financial Management Service, Department of the Treasury


$33 296

4 315


$175 350
12
33292


$164.000
12
33.529


37,619 $17,751 $19,868 208,655 $25,144 $183,511 197,541 $25,200 $172,341

14,909 2,203 12,706 46,834 8,252 38,582 45,115 9,625 35,490




18,314 .. 18,314 100,033 ...... 100,033 85,367 ..... 85,367
640 ...... 640 2,339 ...... 2,339 1,822 ...... 1,822
1 ...... 1 47 ...... 47 5,481 ...... 5,481
(") *. (") (*") C .. (") (") ...... (")
18,955 .... 18,955 102,418 ...... 102,418 92,670 ...... 92,670

1,755 .... 1,755 9,612 ...... 9,612 8,209 ...... 8,209
62 .... 62 226 ..... 226 177 ... 177

(**) ... (") 5 ..... 5 622 ...... 622
... .- ..... ...... .. (" ) ('. )
1,817 .. 1,817 9,843 ..... 9,843 9,007 ...... 9,007

3,783 .. 3,783 27,327 ...... 27,327 24,339 ..... 24,339
178 ... 178 647 ...... 647 497 ...... 497

( ) ...... (*) -52 .. ... -52 1,804 .. 1,804
3,961 ... 3,961 27,922 ...... 27,922 26,639 ..... 26,639

245 -7 252 1,021 14 1,007 1,072 3 1,069
156 ...... 156 861 ...... 861 825 ... 825

25,134 -7 25,141 142,065 14 142,050 130,214 3 130,211


199 199 5,409 ..... 5,409 5,164 ...... 5,164
( *) ...... ( ) 14 14 32 ...... 32
37 57 -20 1,816 90 1,726 2,319 45 2,274
(**) ..... ( *) 105 ...... 105 113 ...... 113
236 57 179 7,343 90 7,253 7,627 45 7,582

344 ..... 344 2,252 ..... 2,252 2,308 ...... 2,308
3 .... 3 18 ...... 18 21 ...... 21
(" ) (...... *) 1 ...... 1 1 ...... 1
347 347 2,271 ...... 2,271 2,330 ...... 2,330

9 ...... 9 58 .... 58 49 ...... 49

25,726 50 25,676 151,737 105 151,633 140,220 48 140,173

1,078 -1 1,079 8,063 241 7,822 8,237 364 7,873
361 1 360 1,672 2 1,669 1,480 3 1,476
1,405 35 1,370 6,972 100 6,873 6,201 -15 6,216
76 76 320 .. 320 299 ... 299
2,920 35 2,885 17,027 343 16,684 16,217 352 15,865

641 18 622 3,574 90 3,485 3,691 86 3,605

1,484 41 1,444 8,149 227 7,922 7,343 232 7,112

1,502 .1,502 9,011 .. 9,011 8.368 .. 8.368
258 (") 258 1,146 1 1,145 811 2 810
1,760 (") 1,760 10,157 1 10,156 9,179 2 9,178

85,059 20,098 64,961 446,134 34,161 411,973 419,308 35,545 383,763

64,287 20,098 44,189 333,873 34,161 299,712 317,631 35,545 282,086

20,772 ...... 20,772 112,261 ...... 112,261 101,678 ...... 101,678

96-223






Table 5. Outlays of the U.S. Government, March 1988 and Other Periods (in millions)


This Month Current Fiscal Year to Date Prior Fiscal Year to Date

Gross Applicable Gross Applicable Gross Applicable
Outlays Receipts O Outlays Receipts Outlas Outlays Receipts ut


Legislative Branch:
Senate ....... ... ....
House of Representatives ...... ....
Joint items ..... .. .
Congressional Budget Office ............
Architect of the Capitol .... ..
Library of Congress .. ..............
Government Printing Office:
Revolving fund (net) .. ....
General fund appropriations ...... .....
General Accounting Office .......... .....
United States Tax Court .......
Other Legislative Branch agencies .....
Proprietary receipts from the public ..............
Intrabudgetary transactions ..... ....

Total-Legislative Branch ........................

The Judiciary:
Supreme Court of the United States ... .... ...
Courts of appeals, district courts, and other
judicial services....... . ...
O their ........... ..... ................... .

Total-The Judiciary ............................

Executive Office of the President:
Compensation of the President and the
W hite House Office ........ . .
Office of Management and Budget ...... .
Other ......... ......... ..........

Total-Executive Office of the President ...........

Funds Appropriated to the President:
International Security Assistance:
Guarantee reserve fund ......... ..
Foreign military sales credit .. ........ .. .
Economic support fund .............. .. ..
M military assistance ......... ............ .
Peacekeeping operations ...................
O th e r . . . .. . .
Proprietary receipts from the public ... ..

Total-International Security Assistance .. .......

International Development Assistance:
Multilateral assistance:
Contributions to International Financial Institutions:
International Development Association .......... .
Inter-American Development Bank ..... .. ....
O ther.. ...............
International Organizations and Programs.......

Total-Multilateral assistance ........

Agency for International Development:
Functional Development Assistance Program .......
Operating Expenses, Agency for
International Development ........... .
Payment to Foreign Service Retirement and
Disability Fund ................... ............
O their ............... ... .. ......
Proprietary receipts from the public ................

Total-Agency for International Development ....

Trade and Development Program...............
Peace Corps .............. .......... .....
Overseas Private Investment Corporation ..........
Other ................. ..... .. ..

Total-International Development Assistance ........
Table continued on next page.


$29 (**) $29 $168 (") $167 $143 (") $143
49 (*) 48 288 $1 287 234 (") 234
8 ... 8 44 44 55 55
1 .1 8 88 ...... 8
11 $1 10 64 3 61 65 $5 60
15 15 123 123 115 115

-8 .. -8 2 2 27 .. 27
10 10 51 51 42 42
27 .27 160 .... 160 135 135
2 2 12 12 11 ... 11
(" ) ... ( ) 10 ...... 10 8 8
1 -1 3 -3 ...... 2 -2
-1 ... -1 -2 ...... -2 -2 .. -2

143 1 141 928 6 921 844 7 836


1 1 8 8 8 .. 8

211 211 611 611 491 .. 491
10 .... 10 31 31 30 30

222 ...... 222 650 ...... 650 529 ...... 529



2 ... 2 15 .15 13 ...... 13
3 ... 3 20 20 18 18
4 .. 4 26 .. 26 24 ...... 24

8 ...... 8 61 ...... 61 55 ...... 55



117 60 57 412 279 133 412 406 6
470 81 390 2,191 1,191 1,000 2,071 397 1,674
205 ..... 205 2,249 ... 2,249 2,280 2,280
87 87 316 316 41 ...... 41
1 1 11 11 26 ... 26
4 ... 4 19 .. 19 20 20
...... 39 -39 164 -164 270 -270

884 179 704 5.197 1,634 3,563 4,849 1.073 3,777




...... ...... ...... 165 165 120 ... 120
.. ... ...... 100 ...... 100 114 114
...... .... 347 .. 347 123 123
54 .. .. 54 141 141 168 168

54 ..... 54 753 .... 753 525 525


42 .... 42 643 643 718 .. 718

32 .. 32 178 ...... 178 189 189

... ... .. 45 ...... 45
32 2 30 131 22 109 128 17 110
...... 69 -69 406 -406 ---. 361 -361

105 71 34 951 428 524 1,080 379 701

1 .. 1 9 ...... 9 8 ...... 8
15 .... 15 72 .. 72 59 .. 59
3 11 -8 26 73 -47 23 42 -19
2 5 -3 19 6 12 18 11 7

180 87 93 1,830 507 1,323 1,712 431 1,281


Classification








Table 5. Outlays of the U.S. Government, March 1988 and Other Periods (in millions)-Continued


This Month Current Fiscal Year to Date Prior Fiscal Year to Date

Gross Applicable Outlays Gross applicable Outlays Gross Applicable Outlays
Outlays Receipts Outlays Receipts las Outlays Receipts


Funds Appropriated to the President:-Continued
International Monetary Programs ........ -$192 .
Military Sales Programs:
Foreign military sales trust fund ...... 959
O their .. .. ...... .. ... 22 .. .
Proprietary receipts from the public ...... ... ...... $929
O their ................. ... 3 .....

Total-Funds Appropriated to the President ..... 1,850 1,196

Department of Agriculture:
Departmental Administration .......... 7 ..
Agricultural Research Service ........ .......... ... 46
Cooperative State Research Service ...... 21 .....
Extension Service .... .. ......... 28
Foreign Agricultural Service ................. 7 .
Foreign Assistance Programs ....... ... ... 334
Agricultural Stabilization and Conservation Service:
Conservation Program ............... .... 15 ..
O their .... .. ..........- 2 .
Federal Crop Insurance Corporation .... ... 19 6
Commodity Credit Corporation:
Price support and related programs ........... 1,377 718
National Wool Act Program .. ...... (")
Rural Electrification Administration .......... .. 759 539

Farmers Home Administration:
Public enterprise funds:
Self-help housing land development fund .... ... ()
Agricultural credit insurance fund ..... .... 758 246
Rural housing insurance fund. .. ...... 489 180
Rural development insurance fund. ...... .... 127 47
Other .... ... ..... ....... ... ..... (*) ..
Rural water and waste disposal grants ...... ....... 9
Salaries and expenses ................ .. 35
Other .. ... .. ............... 5


Total-Farmers Home Administration ......

Soil Conservation Service:
Conservation operations .. ...... .. ...
Water resource management and improvement ......
O their ..... ...... ....
Animal and Plant Health Inspection Service .....
Agricultural Marketing Service:
Funds for strengthening markets, income, and supply.
O their .............. ..
Food Safety and Inspection Service .... .
Food and Nutrition Service:
Food stamp program ....... ..... .
Nutrition assistance for Puerto Rico .. .
Child nutrition programs ... ..... .
Women, infants and children programs ..............
Other ... ...

Total-Food and Nutrition Service .. ..

Forest Service:
National Forest system .. .... .
Construction
Forest research .
Forest Service permanent appropriations ........
Cooperative work ..
Other ....

Total-Forest Service .. .

Other
Proprietary receipts from the public ..
Intrabudgetary transactions ...

Total-Department of Agriculture ................


1,424 473


-$192 -$844 ...... -$844 -$623 ...... -$623

959 4,635 ...... 4,635 5.019 ...... 5,019
22 115 $109 5 126 $128 -2
-929 ...... 4,551 -4,551 ...... 3,826 -3,826
-3 16 ..... 16 59 ..... 59

654 10,950 6,801 4,148 11,142 5,458 5,684


-7 62 .62 72 ..... 72
46 262 .... 262 248 ...... 248
21 146 146 139 .. 139
28 163 .... 163 159 ...... 159
7 41 ..... 41 40 .. .. 40
334 223 223 304 .. 304

15 153 .. 153 49 ...... 49
-2 -36 .... -36 -24 ...... -24
12 310 144 166 419 121 298

660 18,910 5,282 13,628 22,159 3,229 18,930
(' ) 7 7 2 ...... 2
220 2,140 4,054 -1,914 1,606 1,415 191


("*) (") ("*) (*") (* *) ( ")
512 2,745 1,239 1,506 2,616 1,708
309 1,457 2,174 -717 1,671 2,513
80 1,825 1,239 586 1,333 1,049
(*) -1 .. -1 -2
9 68 ..... 68 80
35 197 .. 197 176 .
5 32 .. 32 24 .

951 6,323 4,652 1,671 5,898 5,270


37 .. 37 209 .209 169 ... 169
13 13 99 99 111 111
3 .... 3 26 26 21 21
29 29 175 .. 175 158 158

38 38 226 ... 226 268 268
45 45 86 .. 86 61 3 58
32 32 198 198 179 179

1,133 1.133 6.547 6547 6.258 6.258
1 1 5 5 1 1
489 489 2.344 2,344 2,251 2,251
161 161 873 ... 873 827 827
27 .27 142 .142 136 .... 136

1,810 1,810 9,913 9,913 9,474 9,474


107 107 730 730 617 617
13 13 122 122 104 104
9 9 66 66 57 57
19 19 139 ... 139 139 ... 139
11 11 70 70 -44 -44
19 19 72 72 62 62

179 179 1,199 1.199 934 934

26 4 23 131 20 111 129 16 113
136 -136 740 -740 686 -686
S... .. ... ( ) (" *)

6,233 1,875 4,358 40,965 14,891 26,074 42,575 10,739 31,836


Table continued on next page.


Classification


~







Table 5. Outlays of the U.S. Government, March 1988 and Other Periods (in millions)-Continued

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross Applicable Gross Applicable Gross Applicable
Outlays Receipts Outlays Outlays Receipts Ouays Outlays Receipts Oay


Department of Commerce:
General Administration .. ....... .
Bureau of the Census ...............
Economic and Statistical Analysis ......
Promotion of Industry and Commerce...
Science and technology:
National Oceanic and Atmospheric Administration .....
Patent and Trademark Office ........ .. ...
National Bureau of Standards .
National Telecommunications and Information
Adm inistration ............... ..

Total-Science and Technology ....... .

O their .......... ....... .....
Proprietary receipts from the public .... ........
Intrabudgetary transactions ....

Total-Department of Commerce ..................

Department of Defense-Military:
Military personnel:
Department of the Army ............ ...
Department of the Navy ... ......
Department of the Air Force ......... .

Total-Military personnel ...................

Operation and Maintenance:
Department of the Army .......................
Department of the Navy ........... ........
Department of the Air Force ....
Defense agencies .........

Total-Operation and Maintenance .......

Procurement:
Department of the Army .............. ..
Department of the Navy ................... .
Department of the Air Force ...
Defense agencies .. ......

Total-Procurement .........

Research, Development, Test, and Evaluation:
Department of the Army .............. ...
Department of the Navy ........................ .
Department of the Air Force ....... .
Defense agencies .. ......

Total-Research, Development, Test, and Evaluation .

Military Construction:
Department of the Army ..... .......... ..
Department of the Navy ......... .......
Department of the Air Force ..... ..... ... .
Defense agencies .............. .....

Total-Military construction ................. ..

Family housing ...... .................
Revolving and Management Funds:
Public Enterprise Funds ............. ......
Intragovernmental Funds:
Department of the Army .. ....
Department of the Navy .................. .
Department of the Air Force ...... .. ... .
Defense agencies ....... ........ .
O their ... ................. ... ...... ....
Proprietary receipts from the public ....... ...
Intrabudgetary transactions .. ....

Total-Department of Defense-Military ............


$33 $3 $29 $157 $25 $132 $273 $47 $226
31 .. 31 143 143 105 105
4 .. 4 39 39 33 33
9 9 101 101 118 118

120 1 119 611 6 605 571 16 555
2 ... 2 43 .... 43 43 43
3 .... 3 56 56 55 55

3 .... 3 15 15 17 17

128 1 127 724 6 718 686 16 669

11 11 11 .... 11 ( ) (**)
S 5 -5 26 -26 22 -22
(') .(") -3 -3 -3 -3

215 9 206 1,171 57 1,114 1,211 85 1,126



2,367 2,367 14,044 14,044 13,767 13,767
2,150 2,150 12,643 12,643 12.305 12,305
1,827 1,827 10,433 .... 10,433 10,481 10,481

6,345 ...... 6,345 37,120 .... 37,120 36,553 36,553


2,245 ..... 2,245 12,406 12,406 10,432 10,432
2.683 ... 2,683 14,150 14,150 11,964 11,964
2.045 2,045 11,908 11,908 9,888 9,888
714 ... 714 3,844 3,844 4,131 4,131

7,688 7,688 42,308 42,308 36,415 36,415


1 333 ..... 1.333 8,240 8,240 8,023 8,023
2.487 ..... 2,487 14,437 14,437 13,693 13,693
3,018 3,018 15,842 ... 15,842 16,455 16,455
189 189 911 911 899 899

7,026 ..... 7,026 39,430 ...... 39,430 39,069 39,069


538 ... 538 2,470 2,470 2,225 2,225
874 .. 874 4,219 .... 4,219 4,417 4,417
1,484 1,484 7,150 7.150 6,915 6,915
654 .. 654 3,430 .. 3,430 2,928 .. 2,928

3,550 .... 3,550 17,268 .. 17,268 16,486 .... 16.486


141 .... 141 920 920 996 .. 996
98 98 792 792 741 ... 741
130 .... 130 874 874 848 848
51 .... 51 364 364 210 .... 210

421 .... 421 2,950 2,950 2,795 2,795

282 ..... 282 1,493 ..... 1,493 1,371 ... 1,371

32 (*) 32 15 1 14 10 1 9

40 ..... 40 328 ..... 328 332 332
220 ...... 220 841 .... 841 1,647 46 1,600
68 .... 68 307 ...... 307 116 ...... 116
92 ..... 92 218 .... 218 131 131
31 26 5 178 157 21 180 158 22
34 -34 ...... 301 -301 .. 423 -423
20 ...... 20 323 ...... 323 272 .... 272

25,816 61 25,756 142,779 459 142,321 135,377 629 134,748


Table continued on next page.








Table 5. Outlays of the U.S. Government, March 1988 and Other Periods (in millions)-Continued

This Month Current Fiscal Year to Date Prior Fiscal Year to Date

Classification Gross Applicable Outlays Gross Applicable Gross Applicable
Outlays Receipts Outlays Receipts Outlays Receipts


Department of Defense-Civil
Corps of Engineers:
General investigations ...
Construction, general .....
Operation and maintenance, general .......
Flood control, Mississippi River and coastal emergencies
Other .. .. ....
Proprietary receipts from the public ... .

Total-Corps of Engineers ...

M iIir, retirement fund:
Payments to military retirement fund .
Military retirement fund ....
Retired pay ...
Intrabudgetary transactions .
Education benefits fund ........
Other ...
Proprietary receipts from the public .... .

Total-Department of Defense-Civil ..............

Department of Education:
Office of Elementary and Secondary Education:
Compensatory education for the disadvantaged .....
Impact aid ... .
School improvement programs ....
O their ....... .. ... ....

Total-Office of Elementary and Secondary Education

Office of Bilingual Education and Minority Languages
A affairs ... .. ..... .
Office of Special Education and Rehabilitative Services:
Education for the handicapped .....
Rehabilitation services and handicapped research ....
Payments to institutions for the handicapped .
Office of Vocational and Adult Education ....
Office of Postsecondary Education:
College housing loans .......
Student financial assistance .
Guaranteed student loans ......
Higher education ......
Howard University .
Other ......

Total-Office of Postsecondary Education ...

Office of Educational Research and Improvement....
Departmental Management
Proprietary receipts from the public ..

Total-Department of Education ..................

Department of Energy:
Atomic energy defense activities ...
Energy programs
General science and research activities ..
Energy supply, R and D activities .
Uranium supply and enrichment activities ...
Fossil energy research and development ..
Naval petroleum and oil shale reserves ..
Energy conservation ....
Strategic petroleum reserve
Federal energy regulatory commission
Alternative Fuels Productions ...
Nuclear waste disposal fund
Other

Total-Energy Programs

Power Marketing Administration
Departmental Administration
Proprietary receipts from the public
Intrabudgetary transactions

Total-Department of Energy ....... .......... ..


$12
73
81
15
81


$12 $62 ...... $62 $65
73 523 ...... 523 469
81 593 ...... 593 580
15 132 ...... 132 139
81 244 ...... 244 117
$29 -29 ...... $60 -60 ......


$65
469
580
139
117
$28 -28


263 29 234 1,554 60 1,494 1,370 28 1,342


... 10,285 .... 10,285 10,524 .... 10,524
1.584 1,584 9,367 ...... 9,367 8,982 ... 8,982
('') (* ) 1 .... 1 1 .... 1
............ -10,285 ...... -10,285 -10,524 ... -10,524
-5 .... -5 -13 ...... -13 -85 .... -85
4 (") 4 33 (") 32 14 (") 13
.. ( *) (" ) .... 5 -5 ......2 -2

1,847 30 1,818 10,942 65 10,877 10,282 31 10,251



475 .. 475 2,078 ...... 2,078 1,597 1,597
83 .. 83 300 ...... 300 428 ..... 428
74 ... 74 274 .... 274 392 ... 392
1 ..... 1 21 ..... 21 23 23

633 .... 633 2,673 ...... 2,673 2,440 .... 2,440


15 ..... 15 110 ..... 110 99 99

25 .. 25 716 .. 716 868 ..... 868
109 .. 109 877 .. 877 730 730
9 9 43 ..... 43 51 51
141 141 655 .. 655 681 ..... 681

2 5 -4 34 69 -34 44 194 -149
512 .. 512 2,981 .. 2,981 2.771 ... 2,771
32 .32 1,458 .. 1,458 1,333 .... 1,333
14 .. 14 207 ... 207 240 .. 240
13 ... 13 71 ... 71 83 83
19 ... 19 10 10 -18 ..... -18

591 5 586 4,762 69 4,693 4,453 194 4,259

23 .... 23 88 88 124 124
17 ... 17 137 ... 137 140 140
12 -12 .. 23 -23 18 -18

1,563 18 1,545 10,061 92 9,969 9,586 212 9,375


717 .717 3,776 3,776 3,693 3,693

66 66 358 358 339 339
174 .. 174 1,030 1,030 1,007 1007
46 46 786 .. 786 504 504
25 25 158 .. 158 153 153
17 17 93 ...... 93 66 66
35 .. 35 139 .. 139 88 .... 88
49 .. 49 320 320 355 355
7 ..... 7 48 ... 48 44 44
(" ) ... (" ) (" ) ...... (" ) 1 1
36 ..... 36 230 230 209 ... 209
18 18 121 .. 121 135 135

474 474 3,282 3.282 2,901 2,901

130 107 23 595 635 -40 604 586 18
16 16 194 194 169 169
239 239 1.379 -1.379 1.326 -1.326
2 2 68 68 -25 25

1,339 346 993 7,781 2,014 5,766 7,342 1,912 5,430


Table continued on next page.


--


--







Table 5. Outlays of the U.S. Government, March 1988 and Other Periods (in millions)-Continued

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification
Gross Applicable s Gross Applicable Gross Applicable u
Outlays Receipts Outlays Recepts Outlays Outlays Receipts


Department of Health and Human Services, Except Social
Security:
Public Health Service:
Food and Drug Administration .. ....... .....
Health Resources and Services Administration:
Public enterprise funds:
Medical facilities guaranteed and loan fund......
Other ........ ........ .. ........
Health resources and services ....................
Indian Health Service ........... ........
Centers for Disease Control ............ .
National Institutes of Health:
Cancer Research ...... ...... ..........
Heart, Lung, and Blood Research ............
Diabetes, Digestive and Kidney Diseases .........
Neurological and Communicative Disorders and Stroke
Allergy and Infectious Diseases ....... .........
General Medical Sciences ................. ...
Child Health and Human Development ...........
Other research institutes ............. ... .. ..
Research resources..........................
Other.................... ..... ............

Total-National Institutes of Health ...........

Alcohol, Drug Abuse, and Mental Health Administration .
Office of Assistant Secretary for Health ..............

Total-Public Health Service ... .. ............ .

Health Care Financing Administration:
Grants to States for Medicaid .... .........
Payments to health care trust funds ...............
Other ........... ..... ..........
Federal hospital insurance trust fund:
Benefit payments ..................
Administrative expenses and construction ...........
Interest on normalized tax transfers ...............

Total-FHI trust fund ........................ .

Federal supplementary medical ins. trust fund:
Benefit payments ........................
Administrative expenses and construction ...........

Total-FSMI trust fund ................... ....

Total-Health Care Financing Administration ........

Social Security Administration:
Payments to social security trust funds .... .....
Special benefits for disabled coal miners .........
Supplemental security income program ..............

Total-Social Security Administration ............. .

Family Support Administration:
Program Administration ...................
Family Support Payments to States .................
Low Income Home Energy Assistance ...............
Refugee and Entrant Assistance ...................
Community Services .......................
Interim assistance to state for legalization ...........
O their ... ......... .........................

Total-Family Support Administration ..............

Human Development Services:
Social services .................
Human development services ........... .. .....
Payments to states for foster care and adoption assistance
Other ......................................

Total-Human Development Services ..............

Departmental management .............. .......
Proprietary receipts from the public .............. ...
Intrabudgetary transactions:
Payments for health insurance for the aged:
Federal hospital insurance trust fund............
Federal supplementary medical insurance trust fund.
Payments for tax and other credits:
Federal hospital insurance trust fund..............
Other ............... ........... .....

Total-Department of Health and Human Services
Except Social Security........................


$35 (") $35 $219 $1 $218 $195


457 .... 457


16
732
448
279

706
463
239
236
264
265
184
427
170
65

3,019

641
110


16
.. 732
448
279

.. 706
463
..... 239
..... 236
264
..... 265
184
427
..... 170
...... 65

. .... 3,019

. .... 641
. ... 110


$1 $193


3
751
426
206

599
402
224
207
188
229
159
312
136
44

2,499

549
95


3
751
42&
206

599
402
224
207
188
229
159
312
136
44

2,499

549
95


864 (") 864 5,465 1 5,463 4,725 1 4.723

2,673 2,673 14,629 ..... 14,629 13,141 .. 13,141
2,360 ... 2,360 12,811 .... 12,811 10,336 .. 10,336
-1 ..-1 31 ...... 31 31 -1 32

5,169 .... 5,169 25,709 .... 25,709 25,192 .. 25,192
75 ...... 75 396 ...... 396 412 ..... 412


5,245 ... 5,245 26,104 ...... 26,104 25,604 ...... 25,604

3,085 ... 3,085 16,437 .... 16,437 14,195 ..... 14,195
84 ... 84 547 ...... 547 489 ...... 489

3,168 .. 3168 16,984 ...... 16,984 14,684 .... 14,684

13,445 ... 13,445 70,560 ...... 70,560 63,797 63,797

122 122 2,219 ...... 2,219 2,164 2,164
77 .... 77 464 ...... 464 480 ...... 480
950 ... 950' 5,644 ...... 5,644 5,331 ...... 5,331

1,149 .. 1,149 8,326 ...... 8,326 7,975 ...... 7,975

6 6 32 ...... 32 24 24
1,047 .. 1,047 5,337 ...... 5,337 5,295 .... 5,295
183 ... 183 1,218 ...... 1,218 1,450 ...... 1,450
19 .. 19 166 ..... 166 220 ..... 220
48 ...... 48 185 .... 185 183 ...... 183
8 8 43 ...... 43 63 ..... 63
(" ) ... (" ) (* ) ( ) .. .. ..

1,311 ...... 1,311 6.981 ...... 6,981 7,236 ...... 7,236

198 ...... 198 1,332 1,332 1,381 .. 1.381
194 ..... 194 1,093 ...... 1,093 1,029 1,029
57 ... 57 522 ..... 522 415 .... 415

449 ...... 449 2,947 ...... 2,947 2,825 ...... 2,825

11 .. 11 56 ...... 56 73 73
..... $784 -784 .... 4,072 -4,072 ...... 3,151 -3,151


-2,331 .. -2,331 -12,706 ....- -12,706 -9,807 -9,807

-29 .. -29 -105 ...... -105 -529 ...... -529


14,869 785 14,084 81,525 4,073 77,451 76,294 3,151 73,143


' able continued on next page.


~ '


.








Table 5. Outlays of the U.S. Government, March 1988 and Other Periods (in millions)-Continued

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross Applicable Gross Applicable Gross Applicable
Outlays Receipts Otlays Outlays Receipts Outlays Receipts O

Department of Health and Human Services, Social
Security:
Federal old-age and survivors insurance trust fund:
Benefit payments ............ ... ...... $16,523 .. $16,523 $94,855 $94,855 $90,026 ..... $90,026
Administrative expenses and construction .... 130 ..... 130 899 .... 899 795 .... 795
Payment to railroad retirement account....... .......
Interest expense on interfund borrowings ..............
Interest on normalized tax transfers .. 387 ...... 387 274 .. 274

Total-FOASI trust fund .............. .. .. 16,654 .. 16,654 96,142 96,142 91,095 ..... 91,095

Federal disability insurance trust fund:
Benefit payments .......... ... ....... ..... 1,807 ..... 1,807 10,556 .. 10,556 10,120 .. 10,120
Administrative expenses and construction ....... 55 ..... 55 467 ... 467 328 .... 328
Payment to railroad retirement account ................... ........... .....
Interest on normalized tax transfers .... ... 37 37 26 .. 26

Total-FDI trust fund ................ 1,863 1,863 11,060 .... 11,060 10,474 ...... 10,474

Proprietary receipts from the public .... ...... .. .. (") (**) ... (*) (") .... $33 -33
Intrabudgetary transactions' ...... ......... -122 ...... -122 -2,219 -2,219 -2,164 .... -2,164

Total-Department of Health and Human Services,
Social Security .............................. 18,395 (") 18,395 104,983 (*) 104,983 99,404 33 99,371

Department of Housing and Urban Development:
Housing Programs:
Public enterprise funds:
Federal Housing Administration fund. .......... 685 $537 147 3,592 $2,643 949 2,593 3.055 -462
Housing for the elderly or handicapped fund ....... 17 41 -24 416 251 165 477 251 226
Other ... ..... ........ ....... 5 6 1 37 30 6 27 33 -6
Rent supplement payments ............ 4 ...... 4 24 24 24 ..... 24
Homeownership assistance ............... 10 .. 10 75 .. 75 92 92
Rental housing assistance ........ ...... .. 89 ..... 89 341 .. 341 343 343
Rental housing development grants ........ 4 ... 4 33 .. 33 33 .33
Low-rent public housing ............... ...... 26 ...... 26 441 441 447 .. 447
Public housing grants ..... .. .. ..... 20 ...... 20 58 .. 58 .
College housing grants .... .......... 1 .. 1 10 10 10 .10
Lower income housing assistance ... ........ 839 .. 839 4,515 .... 4,515 4,039 4,039
Other ..... ......... ...... .... -1 ..... -1 -8 ...... -8 -13 -13


Total-Housing Programs .... .........

Public and Indian Housing:
Payments for operation of low-income housing projects
Low-rent housing-loans and other expenses .

Total-Public and Indian Housing .......

Government National Mortgage Association:
Management and liquidating functions fund .. ..
Guarantees of mortgage-backed securities ....
Participation sales fund .... ..

Total-Government National Mortgage Association

Community Planning and Development:
Public enterprise fund ....
Community Development Grants ...
Urban development action grants ...
Rental rehabilitation grants ..
Other .

Total-Community Planning and Development ....

Management and administration .... .
Other .. .. ..


1,699 584 1,114 9,534 2,924 6,610 8,071 3,339 4.732


125 .. 125 701 701 648 .. 648
116 5 111 792 62 730 794 81 713

241 5 236 1,493 62 1,431 1,442 81 1,361


12 23 -11 52 106 -54 78 316 -239
28 46 -17 292 429 -137 52 190 -137
-18 -18 -24 -24 -50 -50

22 69 -46 320 535 -215 80 506 -426


13 13 (") 50 66 16 37 75 -38
239 239 1.496 1 496 1,515 20 1,495
20 20 124 124 199 199
11 11 50 .. 50 50 50
5 .5 17 17 13 13

287 13 274 1.737 66 1.670 1,814 95 1 719


26 ..... 26 139 139 130
1 1 9 9 8


Total-Department of Housing and Urban Development 2,276 671 1,605 13,232 3,588 9,645 11,546 4,020

Table continued on next page.


130
8

7,526






Table 5. Outlays of the U.S. Government, March 1988 and Other Periods (in millions)-Continued


This Month


Classification



Department of the Interior:
Land and minerals management
Bureau of Land Management:
Management of lands and resources
Payments in lieu of taxes ....
Other .. .. ..
Minerals Management Service .
Office of Surface Mining Reclamation and Enforcement

Total-Land and minerals management ...

Water and science:
Bureau of Reclamation:
Construction program
Operation and maintenance .
O their ... ..
Geological Survey.... .
Bureau of Mines ... .. .


Gross Applicable Gross Applicable Outs Gross Applicabl utlays
Outlays Receipts outlays Outlays Receipts uays Outlays Receipts uas


$35 $237
(") -1
8 120
61 285
27 178

130 819


$5 37 365 $52
16 76
24 100
46 211
2 11 78 11


Total-Water and science ....

Fish and wildlife and parks:
United Stales Fish and Wildlife Service
National Park Service .

Total-Fish and Wildlife and Parks .

Bureau of Indian Affairs:
Operation of Indian programs .
Construction ..
Indian tribal funds
Other ....

Total-Bureau of Indian Affairs .

Territorial and International Affairs .. ..
Departmental offices. .. .
Proprietary receipts from the public:
Receipts from oil and gas leases, national petroleum
reserve in Alaska.
Other
Intrabudgetary transactions

Total-Department of the Interior .................

Department of Justice:
Legal activities .. ... ...
Federal Bureau of Investigation ....
Drug Enforcement Administration ..
Immigration and Naturalization Service .... ....
Federal Prison System ... ..
Office of Justice Programs .. ..
O their ........ .. ..

Total-Department of Justice .....................

Department of Labor:
Employment and Training Administration:
Training and employment services ....
Community service employment for older Americans
Federal unemployment benefits and allowances .
Advances to the unemployment trust fund and other
funds ..... ....... ..
Other .. ....


141 7 135 830 62 768 794 50 744


65 347
70 486


347 293
486 460


135 135 834 834 753 753


87 87 508 .. 508 449 449
6 6 43 43 57 57
28 28 155 155 121 121
14 1 13 41 6 34 33 6 27

136 1 134 746 6 740 661 6 655

6 6 185 185 316 1 315
10 .. 10 54 54 41 41


S () (*) -1 1 -1 1
203 -203 868 -868 668 668
(*') ('*) -3 -3 (*') (' )

559 211 348 3,465 936 2,529 3,294 725 2.569


87 87 570 570 368 368
105 105 640 640 566 566
48 48 233 233 193 193
73 73 443 443 310 310
79 3 76 479 21 458 352 19 334
22 22 137 (") 137 108 (*) 108
-5 .. -5 30 .. 30 46 46

410 3 407 2,533 21 2,512 1,943 19 1,924



286 286 1,585 1,585 1,443 1,443
26 26 154 154 208 .. 208
12 12 74 74 39 39

9 .. 9 19 19 75 75
21 .21 86 86 83 .. 83


Table continued on next page.


Current Fiscal Year to Date Prior Fiscal Year to Date


819 729


374 $40
64
70
210
76 10







Table 5. Outlays of the U.S. Government, March 1988 and Other Periods (in millions)-Continued

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross Applicable y Gross Applicable u Gross Applicable
Outlays Receipts u s OutOutlays eipts Outays Outlays Receipts Out


Department of Labor:-Continued
Employment and Training Administration:-Continued
Unemployment trust fund:
Federal-State unemployment insurance:
State unemployment benefits ..... ..........
State administrative expenses .... ...........
Federal administrative expenses ..........
Veterans employment and training .......
Repayment of advances from the general fund.....
Railroad unemployment benefits .............
O their ................... ...... ..

Total-Unemployment trust fund .............

Total-Employment and Training Administration ....

Labor-Management Services .................
Pension Benefit Guaranty Corporation ..........
Employment Standards Administration:
Salaries and expenses.. ................... .
Special benefits ....................... ......
Black lung disability trust fund ...............
Special workers compensation expenses ...........
Occupational safety and health administration .........
Mine safety and health administration .............
Bureau of Labor Statistics .. .. ....... ...
Departmental management .. .......... ... .
Proprietary receipts from the public ....... ......
Intrabudgetary transactions .... ...... ..

Total-Department of Labor ....................

Department of State:
Administration of Foreign Affairs:
Salaries and expenses ......................... .
Acquisition and maintenance of buildings abroad ......
Payment to Foreign Service retirement and disability
fu nd ..... ... ...... ...... .. ..... ... .. .
Foreign Service retirement and disability fund ........
O their ............... .... ... .. ........

Total-Administration of Foreign Affairs ......... ...

International Organizations and Conferences ............
Migration and Refugee Assistance ..... ..... ..... .
International Narcotics Control .... ........... .. ...
O their ........... .. ........... .. .. ....
Proprietary receipts from the public ............ .
Intrabudgetary transactions ............ ... .....

Total-Department of State ......................

Department of Transportation:
Federal Highway Administration:
Highway trust fund:
Federal-aid highways ....... ..... ...
O their .. ..... .... ..... .
Other programs ... .. .... ............

Total-Federal Highway Administration ............

National Highway Traffic Safety Administration .........


$1,593 ... .. $1,593 $7,317 .... $7,317 $8,528 .... $8,528
206 ...... 206 1,138 .. ... 1,138 1,119 .... 1,119
15 ...... 15 88 ...... 88 41 ...... 41
10 ..... 10 68 ... 68 67 ...... 67
.. .. ...... 756 ..... 756
16 .. 16 74 ... ... 74 106 ...... 106
2 ... 2 9 ...... 9 12 ...... 12

1,843 ...... 1,843 8,695 ..... 8,695 10,628 ... 10,628

2,197 ...... 2,197 10,612 ...... 10,,612 12,477 ..... 12,477

4 .... 4 34 .. 34 28 .... 28
31 $313 -282 185 $501 -316 215 $253 -38

14 .... 14 97 ...... 97 84 ...... 84
-165 ..... -165 -358 ...... -358 -390 ...... -390
60 ...... 60 317 ... .. 317 314 ...... 314
8 .... 8 36 ...... 36 34 .. 34
18 ...... 18 107 ...... 107 105 .... 105
13 ...... 13 82 ...... 82 71 ...71
20 ...... 20 88 ...... 88 77 ..... 77
6 ...... 6 69 69 63 63
( ) ('*) 1 1 .. 1 1
-22 ..... -22 -142 ...... -142 -895 .... -895

2,184 313 1,871 11,128 502 10,626 12,184 254 11,930



143 .... 143 779 .... 779 673 .... 673
31 .. 31 153 .. 153 111 111

59 .. .. 59 86 ...... 86 127 ..... 127
24 .... 24 137 .... 137 156 ... 156
-1 .... -1 8 .. 8 28 28

255 ...... 255 1,163 ..... 1,163 1,095 ..... 1,095

5 5 366 ...... 366 263 263
7 ...... 7 163 ...... 163 179 ... 179
9 ... 9 48 ... 48 26 ..... 26
5 ..... 5 28 28 26 26
(" ) (* ) .. 2 -2 ..
-59 -59 -86 .... 86 -173 ...... -173

221 (*) 221 1,683 2 1,681 1,416 ...... 1,416




724 724 6,144 .... 6,144 5,694 5,694
17 17 49 49 29 29
1 1 40 40 54 54

742 .. 742 6,234 ...... 6,234 5,778 5.778

15 .... 15 96 96 100 ..... 100


Table continued on next page.






Table 5. Outlays of the U.S. Government, March 1988 and Other Periods (in millions)-Continued


This Month Current Fiscal Year to Date Prior Fiscal Year to Date

Gross Applicable s Gross Applicable Gross Applicable
Outlays Receipts Ou s Outlays Receipts uys Outlays Receipts Oay


Department of Transportatlon:-Continued
Federal Railroad Administration:
Grants to National Railroad Passenger Corporation
O their .. .. ..

Total-Federal Railroad Administration .....

Urban Mass Transportation Administration:
Form ula grants ........... .
Discretionary grants ......... .... ..
O the r ...... ..... ........ ..
Federal Aviation Administration:
Operations .............
O their .. ....... ...
Airport and airway trust fund:
Grants-in-aid for airports .............. ...
Facilities and equipment .. .. .. .
Research, engineering and development ........
Operations .......... ...... ... ......

Total-Airport and airway trust fund ............

Total-Federal Aviation Administration ...........

Coast Guard:
Operating expenses ......... ..... .. ...
Acquisition, construction, and improvements ...... .
Retired pay .............. .
O their ...... ... ........

Total-Coast Guard .. ... ... ..

Maritime Administration:
Public enterprise funds. ............ .............
Operating-differential subsidies ....... .. .
O their ................. ..... .. .
O their .. ..... ... .. .
Proprietary receipts from the public .... ..
Intrabudgetary transactions .. .

Total-Department of Transportation ............

Department of the Treasury:
Departmental Offices .. .. .....
Financial Management Service:
Salaries and expenses .. .. ......
Claims, Judgements, and Relief Acts .. .....
Energy Security Reserve .............. .
O the r ... ........ .. ...... .. ....... .

Total-Financial Management Service ..........

Federal Financing Bank ................ .
Bureau of Alcohol, Tobacco and Firearms:
Salaries and expenses ......... .
Internal Revenue collections for Puerto Rico ..........
United States Customs Service .................. ...
Bureau of Engraving and Printing .. .......
United States M int .. .... ............
Bureau of the Public Debt ...........................


$292
$7 56

7 236


168
58
55

216
3 (**)

54
101
18
69 ...

242 .

461 (**)


$292 $316
$8 64 74

8 228 389


168 828 828 753
58 332 332 283
55 348 348 436

216 1,214 1,214 1,134
3 16 (") 16 42

54 413 .. 413 510
101 487 487 367
18 77 ...... 77 92
69 413 .. 413 273

242 1,390 1,390 1,241

461 2,620 (') 2,620 2.417


1.i


153 153 930 930 872 872
22 22 167 167 211 211
35 .. 35 180 180 172 172
16 (*) 16 86 2 83 64 2 62

226 (*) 225 1,363 2 1,361 1,319 2 1,317


47 39 7 223 199 25 493 95 398
18 18 115 115 121 121
18 .... 18 67 67 46 46
17 (") 16 81 5 76 61 6 55
( ) (**) 11 -11 34 -34
(") (") -6 -6 -1 .. -1

1,833 43 1,790 12,538 226 12,313 12,195 129 12,067


-137 -137 -1,333 ...... -1,333 -566 -566

22 22 117 ...... 117 111 111
25 25 113 .. 113 184 184
9 9 41 41 21 21
6 ... 6 21 21 184 184

63 63 291 291 501 .. 501

1,640 1,856 -216 6,146 6,258 -112 4,478 4,831 -352

15 15 101 101 86 86
14 .. 14 105 105 120 .. 120
121 121 670 670 474 ... 474
-1 -1 -10 .. -10 -15 -15
14 14 55 55 61 61
14 14 99 99 104 104


Table continued on next page.


Classification








Table 5. Outlays of the U.S. Government, March 1988 and Other Periods (in millions)-Continued

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross Applicable Gross Applicable Gross Applicable
Outlays Receipts ys Outlays Receipts Outlays Outlays Receipts uta


Department of the Treasury:-Continued
Internal Revenue Service:
Salaries and expenses .. .. ...... ........ $8 ......
Processing tax returns ....... ... ........... 171 ......
Examinations and appeals ....... ........ .... 143 ......
Investigation, collection and taxpayer service ......... 109 .
Payment where earned income credit exceeds liability for tax 671 ..
Refunding internal revenue collections, interest ...... 168 ....
Other ................. .. .... (") (*")

Total-Internal Revenue Service .......... 1.270 (")

United States Secret Service ... .... ....... .. 28 ......
Comptroller of the Currency ........... ............. 20 $2
Interest on the public debt:
Public issues (accrual basis) ...... .... .. .. 14,066 .. .
Special issues (cash basis) .. ..... .. 370 .. ...

Total-Interest on the public debt ........ ....... 14,436 .....

O their .... .... ... .. ....... 4 ......
Proprietary receipts from the public ,......... .. 436
Receipts from off-budget Federal entities ... ... .... ... ...... ..
Intrabudgetary transactions ..... .... ... .. -2,070 1

Total-Department of the Treasury ................ 15,431 2,295

Environmental Protection Agency:
Salaries and expenses .............. .. 55 ..
Research and development ........ ... 21 .. ...
Abatement, control, and compliance ................. 50 ......
Construction grants .. ..... ........... ...... 220 ..
Hazardous substance superfund ........... .. 78 ......
Other ..... ................. ....... ..... 2 (" )
Proprietary receipts from the public .. ...... ....... 3
Intrabudgetary transactions ... ..... .

Total-Environmental Protection Agency ........... 426 3

General Services Administration:
Real property activities ......... ...... ...... 40 ......
Personal property activities ......... ... .. ... 92 ......
Information Resources Management Service .......... 24 .. ...
Federal property resources activities ................ -27 ......
General activities ...... ... ........... ..... 11 ......
Proprietary receipts from the public .. ......... .. 1

Total-General Services Administration ............ 140 1

National Aeronautics and Space Administration:
Research and development .... ............. ... 229 ......
Space flight, control, and data communications. .... .. 419 .. ...
Construction of facilities ... ... ........ 15 ..
Research and program management ........ 141 .
O their .. ............. .
Total-National Aeronautics and Space
Administration ................................ 804 ......

Office of Personnel Management:
Government payment for annuitants, employees
health benefits .. ... ............. ... 187 ...
Payment to civil service retirement and disability fund .... (") ...
Civil service retirement and disability fund ........ 2,367
Employees health benefits fund ....... ..... 728 751
Employees life insurance fund .......... .... 76 105
Retired employees health benefits fund ........... 1 1
Other .10
Intrabudgetary transactions:
Civil service retirement and disability fund:
General fund contributions ....... .) .
O their ...... ... .... 2

Total-Office of Personnel Management ............ 3,367 857


$8 $46 ...... $46 $44 ..... $44
171 816 ...... 816 657 ..... 657
143 888 ...... 888 759 ... 759
109 679 ...... 679 561 ...... 561
671 791 ...... 791 829 ... 829
168 779 .... 779 948 .948
(") 3 $3 (") 1 $2 -1

1,270 4,002 3 3,999 3,799 2 3.797

28 177 .. 177 147 ...... 147
18 111 103 8 90 106 -15

14,066 83,965 ...... 83,965 77,910 .... 77,910
370 21,282 ..... 21,282 18,146 18,146

14,436 105,247 ...... 105,247 96,056 ...... 96,056

4 15 ..... 15 82 .... 82
-436 .... 1,424 -1,424 ... 1,684 -1,684
...... -424 .. ... -424 -300 .. -300
-2,070 -8,463 1 -8,463 -8,322 .... -8,322

13,136 106,792 7,789 99,003 96,795 6,622 90,172


55 380 .. 380 337 .. .
21 99 ...... 99 102 .....
50 256 ...... 256 263 ..
220 1,294 ... 1,294 1,529 ..
78 398 .... 398 212 ..
2 133 (") 133 502 (*)
-3 ... 22 -22 .... 9
-125 ..... -125 -500 .. .


337
102
263
1,529
212
502
-9
-500


423 2,436 23 2,413 2,446 10 2,437


40 -222 ...... -222 -39 6 -45
92 136 .. 136 -39 .... -39
24 -51 -51 -9 ...... -9
-27 -10 ..... -10 18 18
11 66 66 75 .... 7E
-1 .. 60 -60 ..... 34 -34

139 -81 60 -141 6 40 -34


229 1,438 1,438 1,109 ...... 1,109
419 2,301 2,301 1,817 ..... 1,817
15 75 .. 75 79 79
141 769 769 688 ...... 688



804 4,584 ...... 4,584 3,693 ...... 3,693



187 960 ..... 960 722 ...... 722
(" ) (* ) (" ") 1 .... 1
2,367 13,693 13,693 12,330 ...... 12.330
-23 4.133 4,092 41 3,345 3,322 24
-29 488 862 -374 460 822 -361
(**) 6 6 1 7 5 1
10 71 71 73 73


(' ) ( ) (") 1 -1
-2 -17 17 -16 ... 16

2,510 19,334 4,960 14,374 16,920 4,148 12,772


Table continued on next page.






Table 5. Outlays of the U.S. Government, March 1988 and Other Periods (in millions)-Continued


This Month


Current Fiscal Year to Date Prior Fiscal Year to Date


Gross Applicable Outla Gross Applicable utlays Gross Applicable Outlas
Outlays Receipts utlay Outlays Receipts Outlays Outlays Receipts Outlays


Small Business Administration:
Public enterprise funds:
Business loan and investment fund ... ......
Disaster loan fund ... ... .......
O their .. .... ......... .
O their ...... ..... .

Total-Small Business Administration .............

Veterans Administration:
Public enterprise funds:
Loan guaranty revolving fund ....... ..
Direct loan revolving fund .... .....
O the r ....... .. .... ...
Compensation and pensions ............. ..
Readjustment benefits ..... .........
Medical care .. ... .
Medical and prosthetic research ... .....
General operating expenses ... ..
Construction projects .. ............ ..
Post-Vietnam era veterans education account ..........
Insurance funds:
National service life ... .......... ..........
United States government life ... ............
Veterans special life ..... .
O the r ........ .......... .....
Proprietary receipts from the public:
National service life ....... ........ ...
United States government life ........ ......
O the r .............. .. .. .
Intrabudgetary transactions .. ........


$59 $73 -$14 $519 $448 $71 $826 $741
19 60 -41 214 370 -156 281 413
5 2 3 27 8 19 13 7
24 24 155 155 136


106 135



275 104
1 4
36 37
1,334 .. ..
72 .
833 .
1
30 ...
60 ..
33 .

122 .
4
9 5
12

.. .. 43
S (*)
.42
-31 .


29 914 826


88 1,257 1,161


171 1,401 845 556 1,037 854
-3 9 21 12 10 26
-1 231 252 -21 229 257
1,334 7,307 .. .. 7,307 7,178
72 384 .. 384 438 .
833 5,021 5,021 4,655
1 91 .... 91 91
30 387 .. 387 375
60 304 304 256
33 168 ...... 168 151


122 550
4 18
3 44
12 55

-43 ..
(")
-42 .
-31 -120


S 550 512
18 19
80 -37 40
55 52

214 -214 ......
(C *) ( ) .. .
210 -210
-120 -51


512
19
77 -38
52

223 -223
('*) ("*)
183 -183


Total-Veterans Administration ................... 2,789 235 2,555 15,848 1,622 14,226 14,993 1,619 13,373


Independent agencies:
A action ........... .. .. ... .
Board for International Broadcasting .. ...........
Corporation for Public Broadcasting .. ..
District of Columbia:
Federal payment .. .. .
Proprietary receipts from the public .. .... ...
Equal Employment Opportunity Commission ............
Export-Import Bank of the United States ......... ..
Federal Communications Commission .. .. .... .
Federal Deposit Insurance Corporation ........ .
Federal Emergency Management Agency:
Public Enterprise Funds ... .................... .
Disaster Relief ........ .... ........ .
Salaries and expenses .... .... .
Emergency management and planning assistance......
Emergency food distribution and shelter program .....
Federal Home Loan Bank Board:
Public enterprise funds:
Federal Home Loan Bank Board revolving fund .....
Federal Savings and Loan Insurance Corp. fund .....
Federal Retirement Thrift Investment Board ...........
Federal Trade Commission ..................
Intragovernmental agencies:
Appalachian Regional Commission .. ......
Washington Metropolitan Area Transit Authority......
O the r ... ... ... ...... ...... ...... ..
Interstate Commerce Commission .. .... .. ..
Legal Services Corporation ... ....... ..
National Archives and Records Administration .....
National Credit Union Administration:
Credit union share insurance .........
Central liquidity facility ........... .. ..
O th e r . .. . .. .


10 73
18 93
214


13 .
435 162
7 2
1.813 914


73 78
93 82
214 200


534 ...... 534 358 .
30 -30 .... 293
13 91 ...... 91 80 .
273 1,107 1,670 -563 1,260 1,799
5 50 12 39 45
898 7,325 5,658 1,667 5,022 5,424


30 -20 69 157
27 128 ......
11 72 ..
28 142 ......
37 51


5 7
586 129
3 93
5 .

22 (*)
22(* *)
(" ) ...
3 ...
49 ....
4 ... ..

40 34
-5 4
5 (*")


-88 104 196
128 126
72 57 .
142 129
51 30 ..


-2 28 29 -1 14 26 -12
457 23,827 3,690 138 25,026 1,102 3,924
-90 10 484 -474 1 .. 1
5 32 ...... 32 32 .. 32


22 85 1
26 ..
(**) 1 (")
3 21 .
49 153 .
4 49 ...


84 69
26 26
1 1
21 21
153 153
49 48


6 189 181 8 106 128
-9 107 265 -158 26 194
4 -15 1 -15 -14 1


Table continued on next page.


Classification







Table 5. Outlays of the U.S. Government, March 1988 and Other Periods (in millions)-Continued

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross Applicable Outla Gross Applicable O s Gross Applicable Outlays
Outlays Receipts O Outlays Receipts Outlays Receipts a


Independent agencies:-Continued
National Foundation on the Arts and the Humanities:
National Endowment for the Arts ....
National Endowment for the Humanities. .....
Institute of Museum Services ........ .....
National Labor Relations Board .... ......
National Science Foundation .......... .. .
Nuclear Regulatory Commission ............
Panama Canal Commission .......
Postal Service:
Public Enterprise Funds .... ..... .
Payment to the Postal Service Fund ....... .

Railroad Retirement Board:
Federal windfall subsidy .. ........
Federal payments to the railroad retirement accounts ...
Payment to railroad unemployment insurance trust fund.
Milwaukee railroad restructuring, administration ........
Railroad retirement accounts:
Social Security Equivalent Benefit Account .. ......
Benefits payments and claims ..... .. .. .
Advances to the railroad retirement account from the
FOASI trust fund ..... .... ..... .. .
Advances to the railroad retirement account from the
FD I trust fund ........... ....... ...... .
Disbursements for the payment of FOASI benefits ....
Disbursements for the payment of FDI benefits ......
Administrative expenses .....
Interest on refunds of taxes ...... ........
O their .. .. .... .
Intrabudgetary Transactions:
Railroad retirement account:
Payments from other funds to railroad retirement
trust funds ......
Interest on advances to railroad accounts ........
Repayment of advances by railroad retirement board
Federal payments to the railroad social security
equivalent benefit account ..... ......
Federal payments to the rail industry pension fund ..

Total-Railroad Retirement Board ..............

Securities and Exchange Commission ......
Smithsonian Institution .. ... .. ..
Tennessee Valley Authority ...................
United States Information Agency .. ...
Other independent agencies .. .........

Total-Independent agencies ....................

Undistributed offsetting receipts:
O their Interest .. ... ... .. .....
Employer share, employee retirement:
Legislative Branch:
United States Tax Court:
Tax court judges survivors annuity fund .....
The Judiciary:
Judicial survivors annuity fund ..... .
Department of Defense-Civil:
Military retirement fund .... .. .
Department of Health and Human Services:
Federal old-age and survivors insurance trust fund
(OFF-BUDGET) .. ....
Federal disability insurance trust fund
(OFF-BUDGET) .. ... .. ..
Federal hospital insurance trust fund .........
Department of State:
Foreign Service retirement and disability fund
Office of Personnel Management:
Civil Service retirement and disability fund
Independent Agencies:
Federal Retirement Thrift Investment Board:
Thrift Savings fund ..

Subtotal

Table continued on next page.


$77
59
. .. 11
67
757
205
$113 62


33,001 $2,654 347 16,921 16,208 713 15,823
(**) ..... (") 259 ...... 259 325


$220

16,643


1,911
1,134

-374

-24
373
22
28
(")
(")


-25 -25 -96 .. -96
....... -169 ...... -169 -66 .... -66

581 .. 581 3,366 .. 3.366 3,254 3,254

9 .. 9 61 61 52 ..... 52
21 21 126 .. 126 114 114
522 465 57 3,137 2,885 252 3,114 2,624 490
84 (") 84 422 (*) 422 389 (*) 389
52 3 49 413 19 393 356 25 331

7,605 4,498 3,107 40,518 31,402 9,116 37,825 28,676 9,150


.. (") (*) 902 -902



(* *) ( ) (* ) .. ( *)

1 1

-1,493 -1,493 -9,074 -9,074 -9.046 .. -9,046


322 322 -1,778 -1,778 -1,422 ... -1,422

-31 -31 -169 -169 -138 -138
-152 -152 -859 -859 -837 .... -837

5 -5 -30 -30 -23 -23

-567 567 -3,256 -3,256 2677 -2.677


-36 -36 -171 .. -171

-2,607 .. 2,607 -15,337 -15.337 -14,144 -14.144






Table 5. Outlays of the U.S. Government, March 1988 and Other Periods (in millions)-Continued


This Month Current Fiscal Year to Date Prior Fiscal Year to Date

Gross Applicable Gross Applicable Gross Applicable
Outlays Receipts Outlays Outlays Receipts Outlays Outlays Receipts Outlays


Undistributed offsetting receipts:-Continued
Interest received by trust funds:
The Judiciary:
Judicial survivors annuity fund ....
Department of Defense-Civil:
Education benefits fund ........ ..
Military retirement fund .................
Soldiers' and Airmen's Home permanent fund .....
Corps of Engineers .....................
Department of Health and Human Services:
Federal old-age and survivors insurance trust fund
(OFF-BUDGET) ......... ... .
Federal disability insurance trust fund
(OFF-BUDGET) .................. .....
Federal hospital insurance trust fund ... .
Federal supplementary medical insurance trust fund
Department of Labor:
Unemployment trust fund ..................
Department of State:
Foreign Service retirement and disability fund ...
Department of Transportation:
Airport and airway trust fund ...................
Highway trust fund ........................
Environmental Protection Agency:
Other ................. .......
Post-closure liability trust fund .....
Office of Personnel Management fund:
Civil Service retirement and disability fund ..
Veterans Administration:
United States government life insurance fund....
National service life insurance fund ...
Independent agencies:
Federal Retirement Thrift Investment Board:
Thrift Savings Fund .. .....
Railroad Retirement Board:
Railroad retirement account .. ...
Other ...... ....... .....

Subtotal ....... ..... ....

Unrealized Discount on trust fund investments .........
Rents and Royalties on the Outer Continental Shelf lands
Sale of major assets ...... ..... .. .........

Total-Undistributed offsetting receipts ...........

Total outlays ............................... ..

Total On-Budget ............................ .

Total Off-Budget .............................

Total Surplus ( I or Deficit

Total On-Budget

Total Off-Budget










Proprietary receipts .. .....
Receipts from off-budget Federal entitil
Intrabudgetary transactions .

Total receipts offset against outlay


2,876

322
2,352
-391

-1.095

-174

437
-554

(* )
2


8,466 -7,503

-8 -9
-487 -470


47

-364
-36

19,656


-47

-364
36

19,656


-251 ..- 251
-30 .... -30

-16,596 -16,596


-1 ...... -1 6 6 1
$195 -195 ....... $1,427 -1,427 .. $2,553 -2,5!
..... ... .. .. ....... ... 300 3

-2,763 195 -2,958 -34,987 1,428 -36,415 -30,741 3,755 -34,4!

107,889 13,781 94,108 612,732 81,841 530,890 580,413 73,436 506,9;

89,869 13,781 76,088 512,895 81,841 431,053 484,960 73,403 411,5!

18,020 (*) 18,020 99,837 (*) 99,837 95,453 33 95,4;


29 147

31.899

S2.752


MEMORANDUM

Receipts offset against outlays (In millions)

Current
Fiscal Year
to Date

.$16,607
es .................... 424
69,350

s ..... ......... 86,381


118 918

-131 342

S12 424


Comparable Period
Prior Fiscal Year

$17,254
300
63,774

81,329


'Includes FICA and SECA tax credits, non-contributary military service credits, special benefits for the aged, and credit for unnegotiated OASI benefit checks,
2A total adjustment of $920 million for FY 1987 and $1.565 million thru February 1988 has been distributed by month for notes issued by Federal Savings and Loan Insurance Corporation (FSLIC)
in lieu of cash and not reported as outlays All previous adjustments have been reversed prior to these corrections.
3The Postal Service figure represents reporting for the full calendar month of March and is partially estimated. This estimate includes $914 million for postal money orders between March 12th and 31st.


Classification


1
53
00

96

77

57

20


123.214

- 129.471

-6 258







Table 6. Means of Financing the Deficit or Disposition of Surplus by the U.S. Government, March 1988 and Other Periods
(in millions)

Net Transactions
(^denotes net reduction of either Accun Blace
Assets and Liabilities i() denotes net t of either Current Fiscal Year
Directly Rlelated to liability or asset accounts
Directly Related to
Budget and Off-budget Activity
Fiscal Year to Date Beginning of
This Month This mont
This Year Prior Year This Year This Month This month


Liability accounts
Borrowing from the public:
Public debt securities, issued under general financing authorities:
Obligations of the United States, issued by:
United States Treasury .. .....
Federal Financing Bank ..... ... .... ......

Total public debt securities .. .. ...

Agency securities, issued under special financing authorities
(See Schedule B. For other agency borrowing, see Schedule C) ....

Total federal securities ............

Deduct:
Federal securities held as investments of government accounts
(See Schedule D) ...... .. .

Total borrowing from the public .......... .. .

Premium & discount on public debt securities .

Total borrowing from the public less premium & discount ...

Accrued interest payable to the public .... ......
Allocations of special drawing rights .. ...........
Deposit funds ....... .. ....... ...
Miscellaneous liability accounts (includes checks outstanding etc.) ...

Total liability accounts .................................

Asset accounts (deduct)
Cash and monetary assets:
U.S. Treasury operating cash:3
Federal Reserve account .. ......
Tax and loan note accounts .. .. .

Balance .. .. .

Special drawing rights:
Total holdings .. .. ........ ..
SDR certificates issued to Federal Reserve Banks .... .......

Balance .. ............ ......

Reserve position on the U.S. quota in the IMF:
U.S. subscription to International Monetary Fund:
Direct quota payments .. ........ ......
Maintenance of value adjustments .........
Letter of credit issued to IMF ... .....
Dollar deposits with the IMF .... ... .......... ........ .
Receivable/payable (-) for interim maintenance of value adjustments

Balance .

Loans to International Monetary Fund .. ..
Other cash and monetary assets .. ....

Total cash and monetary assets .. ....

Miscellaneous asset accounts .............

Total asset accounts ............... ................ .

Excess of liabilities (+) or assets (-) ........... .. .... ... ....

Transactions not applied to current year's surplus or deficit
(See Schedule A for details) ..... ..... ....

Total budget and off-budget federal entities
[Financing of deficit (+) or disposition of surplus (-)] ...........


$15,693 $137,429
.. -155


$121,419 $2,335,277 $2,457,013 $2,472,706
.... 15,000 14,845 14,845


15,693 137,274 121,419 2,350,277 2,471,858 2,487,551


63 '715 '1,059 4,929 5,580 5,643

15,756 137,989 122,478 2,355,206 2,477,438 2,493,195



-1,403 33,252 24,599 458,172 492.827 491.424

17,160 104,737 97,880 1,897,034 1,984,612 2,001,771

2- 2,017 -2,635 279 -9,702 -10,320 -12,337

15,142 102,102 98,159 1,887,332 1,974,292 1,989,434

6,070 1,191 838 31.712 26,833 32,903
129 527 354 6,270 6,668 6.797
115 -1,284 -2,373 9,104 7.705 7,820
4,116 -2,435 -226 13,633 7,082 11,197

25,572 100,100 96,751 1,948,051 2,022,579 2,048,152




-70 -6,717 -3,938 9,120 2,473 2,403
-5,939 -6,805 -18,476 27.316 26,450 20,510

-6,009 -13.522 -22,414 36,436 28,922 22,913


138 821 446 9,078 9,761 9,899
......... ...... ... -5,018 -5,018 -5,018

138 821 446 4,060 4,743 4,881



......... 19,699 19.699 19.699
471 1,929 1,294 3,230 4,688 5,159
35 -952 -669 -12,855 -13,842 -13,807
1 4 10 -66 -63 -62
-279 -1,085 -669 257 -550 -828

228 -105 -33 10,265 9.932 10,160

-28 -166 -169 642 505 477
-1,970 -4,826 -1.116 9,408 6,552 4,582

-7,641 -17,798 -23,287 60,811 50,654 43,013

4,131 -733 -2,917 5,714 851 4.981

-3,510 -18,531 -26,204 66,525 51,505 47,994

+ 29,083 +118,631 + 122,955 +1,881,526 +1,971,075 2,000,157


64 286 259 ... 222 286


+29,147 +118,918 +123,214 + 1,881,526 +1,971,297 +2,000,444


'A total adjustment of $920 million for FY 1987 and $1,565 million thru February 1988 has been distributed by month for notes issued by Federal Savings and Loan insurance Corporation (FSLICI
in hey of cash and not reported as outlays All previous adjustments have been reversed prior to these corrections
'includes a discount of $2,064 million on $2,556 million face amount of zero-coupon bonds sold to Mexico
3Major sources of information used to determine Treasury's operating cash include the Daily Balance Wires from Federal Reserve Banks, ,.,;-:-.'.'.. m the Bureau of Public Debt electronic
transfers through the Treasury Financial Communications System and reconciling wires from internal Revenue Service Centers Operating cash .= .-s,,-r-' on a modified ash basis deposits are
reflected, as received, and withdrawals are reflected as processed






Table 6. Schedule A-Analysis of Change in Excess of Liabilities of the U.S. Government, March 1988 and
Other Periods (in millions)


Fiscal Year to Date
This Month s Y
This Year Prior Year


Excess of liabilities beginning of period:
Based on composition of unified udgel in preceding period
Adjustments during current lfscal year for changes in
composition of unried budget
Classification of FDIC securities as budgetary transactions
Classificatlon of FSLIC securities s Dudgelar\ transactions

Excess of lhapilties beginning of period Icurrent Das.S5
Budget surplus I or deflic
Based on composition of unified budget ,n prior Ilscal year
Cnanges in composition of unified Duaget

Total Surplus I I or deafcit (Talie 2)

Total-on budget iTable 2?

ToTal-oft.budget able 21

Transactions not applied to current year s surplus or defict
Seigniorage
Increment on Gold
Proceeds from currency
Profit on sale of gold
Net gain I Iloss for IMF loan valuation adjustment

Total--ransactions not applied to current year s
surplus or aeIhc.l

Excess of liabilities close of period .


51 973 317 $1 880606



2 242 920


$1 '32827


442


1 971 075 1 881 526 1 '33 2'0


29 147 118 918 123 214


29 14' 118918 123214

31 899 131 342 129 4'1

-2 '52 -12 424 -6258


-57 250 237


8
S 37 14


-64 286 259

2.000.157 2.000.157 1.856.225


Table 6. Schedule B-Securities issued by Federal Agencies Under Special Financing Authorities, March 1988 and
Other Periods (in millions)

Net Transactions
(-)denotes net reduction of Account Balances
liability accounts Current Fiscal Year
Classification
Fiscal Year to Date Beginning of
This Month This month
This Year Prior Year This Year This Month


Agency securities, issued under special financing authorities:
Obligations of the United States, issued by:
Export-Import Bank of the United States ........................ ... ..... -$6 (" ) (") ( )
Federal Deposit Insurance Corporation ......................... $18 $135 275 $200 $48 $66
Federal Home Loan Bank Board:
Federal Savings and Loan Insurance Corporation ..........46 1,729 1,008 920 2,603 2,649
Obligations guaranteed by the United States, issued by:
Department of Defense:
Family housing mortgages .............. ......... (") -4 -13 15 12 12
Department of Housing and Urban Development:
Federal Housing Administration .... ............ .. -1 -79 42 178 101 100
Department of the Interior:
Bureau of Land Management ............................ ....... -2 13 13 13
Department of Transportation:
Coast Guard:
Family housing mortgages .... . .... ... ... (" ) (") (")
Obligations not guaranteed by the United States, issued by:
Department of Defense:
Homeowners assistance mortgages .. ........ ....... ...... 2 () 7 9 9
Department of Housing and Urban Development:
Government National Mortgage Association .................. ......... -800 1,965 1,165 1,165
Independent agencies:
Postal Service .............. ...... ....... ....... 250 250 250
Tennessee Valley Authority .................. ....... ....... -245 1,380 1,380 1,380

Total agency securities ................................. 63 715 1,059 4,929 5,580 5,643

.No transactions
(")Less than $500,000.
Note: Details may not add to totals because of rounding
Source: Financial Management Service, Department of the Treasury


Classification








Table 6. Schedule C (Memorandum)-Federal Agency Borrowing Financed Through the Issue of Public Debt Securities,
March 1988 and Other Periods (in millions)


Borrowing from the Treasury:
Housing and Other Credit Guarantee Program, AID .
Commodity Credit Corporation .. .............
Commerce Fishing Vessels NOAA ....
Export-import Bank of the United States ..............
Federal Emergency Management Agency:
National Insurance Development Fund ....... ... .. ..
Federal Financing Bank .... ... .......
Federal Housing Administration:
General insurance .... .
Special risk insurance .. .... ..... ..
General Services Administration:
Pennsylvania Avenue Development Corporation ..........
Rural Communication Development Fund ......
Rural Electrification Administration ..............
Rural Telephone Bank ..... .
Secretary of Agriculture, Farmers Home Administration:
Rural housing insurance fund ............
Agricultural credit insurance fund .. ...
Rural development insurance fund ........
Federal Crop Insurance Corp .... ..
Secretary of Education:
College housing loans ................. .......
Secretary of Energy:
Alternative fuel production, DOE ............
Bonneville Power Administration ....
Secretary of Housing and Urban Development:
Housing for the elderly or handicapped ........
Low-Rent Public housing ... ..
Urban renewal fund ......
Secretary of the Interior:
Bureau of Mines, helium fund .
Railroad retirement account .. ...
Railroad retirement social security equivalent fund ..
Secretary of Transportation:
Aircraft purchase loan guarantee program ..... ....
Federal ship revolving fund ... ... .
Railroad revitalization and improvement.. ... ......
Rail service assistance ... ... ...
Regional rail reorganization ... .......
Smithsonian Institution:
John F. Kennedy Center parking facilities .
Tennessee Valley Authority .
Veterans Administration:
Veterans direct loan program ......
Ocean Freight .........

Total agency borrowing from the Treasury
financed through issues of public debt securities ..........


$8 $8 ........ $20 $20 $28
957 -9,621 -$2,103 20,969 10,391 11,348


5
457 -7,363

80 305
-52 8


14 97
-924 140,786

-55 1,521
-57 1,915


90
415 -1,440
.... 320


2,049


3 -50 1,844

150 275 5,901
100 400 110 1,300


205 1,201 1,140

9 4 -14
30 30 315
S. 6
1


252
2,128
2,144

6
420


102
133,879

1,746
1,975

50
25
7,963
759

4,076
7,602
2,716
113

2,049


1,848

6,051
1,600


252
2,128
3,140

1
420


102
133,423

1,826
1,923

50
25
7,865
759

4.076
8,017
2,716
113

2,049


1,847

6,051
1,700


252
2,128
3,345


128 128

20- 20
150 150


1,156 15,975 4,082 208,106 190,975 192,131


1,156 -15,975


4,082 208,106 190,975


192,131







Table 6. Schedule C (Memorandum)-Federal Agency Borrowing Financed Through the Issue of Public Debt Securities,
March 1988 and Other Periods (in millions)-Continued


Borrowing from the Federal Financing Bank:
Funds Appropriated to the President:
Foreign military sales .......... .......... ........... .
Overseas Private Investment Corporation ............ ...
Department of Agriculture:
Rural Electrification Administration .. ..... ....
Farmers Home Administration:
Agriculture Credit Insurance Fund ... ....... .....
Rural Housing Insurance Fund ....... .. .........
Rural Development Insurance Fund ............ .... .
Department of the Navy ..... .. .........
Department of Education:
Student Loan Marketing Association ................ ...
Department of Health and Human Services, Except Social Security:
Medical Facilities Guarantee and Loan Fund .. ...........
Department of Housing and Urban Development:
Low Rent Housing Loans and Other Expenses ..................
Community Development Grants ................. ..
Department of Interior:
Territorial and International Affairs .. ..
Department of Transportation:
Grants to National Railroad Passenger Corporation ............
General Services Administration:
Federal Buildings Fund ........... .. ....
National Aeronautics and Space Administration:
Space Flight, Control and Data Communications ..............
Small Business Administration:
Business Loan and Investment Fund ......................
Independent Agencies:
Export-Import Bank of the United States ................. .
National Credit Union Administration ..............
Postal Service ................. .......... ... ... ..
Tennessee Valley Authority ....... .. ......
Washington Metropolitan Transit Authority ...............

Total borrowing from the Federal Financing Bank .........


$4 -$857 -$8 $19,164 $18,303 $18,307
-1 -1 1


9 -2,183

-175
-2,980
-2,180
-29


188 25,438 23,264


28,010
28,951
8,048
1,788

4,940


27,835
25,971
5,868
1,759

4,940


23,255

27,835
25,971
5,868
1,758

4,940


192 192


2 -37
26 35


37 2,074
22 355


2,035
346


60 60

55 54


-4

141

6 -39


457 -7,529


-3 395 392

79 809 949


95 1,662

161 12,463
22 111
4,353
763 18,210
177


1,630

11,971
113
5,853
18,474
177


153 157,258 150,186


11,488
119
5,853
18,532
177


149,729


Note: This table has been expanded to include lending by the Federal Financing Bank accomplished by the purchase of agency financial assets, by the acquisition of agency debt securities,
and by direct loans on behalf of an agency. The Federal Financing Bank borrows from Treasury and issues its own securities and in turn may loan these funds to agencies in heu of agencies borrowing
directly through Treasury or issuing their own securities.

Note: Details may not add to totals because of rounding
Source: Financial Management Service, Department of the Treasury.
.. No transactions.
(*) Less than $500,000








Table 6. Schedule D-Investments of Federal Government Accounts in Federal Securities, March 1988 and
Other Periods (in millions)


Federal funds:
Department of Agriculture ...... .
Department of Commerce .......
Department of Energy .. .. .
Department of Health and Human Services .......... .
Department of Housing and Urban Development:
Federal Housing Administration:
Federal Housing Administration fund:
Public debt securities ........ ....
Agency securities .... . .
Government National Mortgage Association:
Management and liquidating functions fund:
Public debt securities .. ....
Agency securities .. ... ..... ..
Guarantees of mortgage-backed securities:
Public debt securities ..............
Agency securities .
Participation sales fund:
Public debt securities .. .
Agency securities .
Housing Management:
Community disposal operations fund:
Agency securities .
O their ...... .. ..... ....
Department of the Interior .. ..
Department of Labor .. ...... .... ...

Department of Transportation .. ............

Department of the Treasury ....... ....... .
Veterans Administration:
Veterans reopened insurance fund .... ...

Independent agencies:
Export-Import Bank of the United States .. ......
Federal Emergency Management Agency:
National insurance development fund ........................
Federal Savings and Loan Insurance Corporation:
Public debt securities ... ... ....
Agency securities ......... ..
Postal Service ..... ..
National Credit Union Administration ...
O the r ... ........ ....... ...... .....
Total public debt securities ... ..
Total agency securities .. .. ..

Total Federal funds ....................................

Trust funds:
Legislative Branch:
United States Tax Court ..
Library of Congress ...

The Judiciary:
Judicial survivors annuity fund..
Funds Appropriated to the President ...

Department of Agriculture

Department of Commerce .. .
Department of Defense-Military ... ..... .......
Department of Defense-Civil ... .
Other .... .
Department of Health and Human Services:
Federal old-age and survivors insurance trust fund:
Public debt securities ......
Agency securities ...
Federal disability insurance trust fund
Federal hospital insurance trust fund:
Public debt securities
Agency securities .... .
Federal supplementary medical insurance trust fund .
O their ..... .. ...
Table continued on next page.


$1 $6 $6
(") $3 (-*) 15 19
-$34 80 37 1,506 1,620
.. -2 12 12 10


140 -371 707 6,482
-72 (*) 134


23 67
-6

15 150
2 -7

18 -745
-12


6,251
62


233 71
-2 72

131 1,522
6 17

84 2,164
12


( *)
-2,824
40


512 2.223

-3 13


-745 -147

49 104

-449 1,613
... -45
459 1,276
6 192
89 159


9 160 173

892 2,945 4,657

16 627 644


76 443 1,041


70

-2,984
(")
933
180
30


196

826
55
4,588
1,561
1,242


251

2,888
10
5,405
1,746
1,312


104 4,673 -2,357 26,098 30,666 30.770
2 -142 4 290 146 148

106 4,531 -2,354 26,388 30,812 30,918


(" ) ("*)
(") 2 2


('*)
9,105
109


2,736 12,962


(*")
-2
8,225
124


8 8
30.637 39,840
769 851


7,745 58,356 68,581


34 -586 767 7.193

763 5,323 4,436 50,374
140 405
184 200 -1,153 6,166
*) 2 -35 5


6.641

56.461
265
6,550
6


$6
19
1,587
10"



6,111
62


5,169


640


300

2,439
10
5,864
1,753
1,401


8
39,742
878


71,317

6.607

55,698
265
6,366
7







Table 6. Schedule D--Investments of Federal Government Accounts in Federal Securities, March 1988 and Other Periods
(in millions)-Continued


Trust funds:-Continued
Department of the Interior ........ .
Department of Labor:
Unemployment trust fund .......... .
O their ............. ....... ..
Department of State:
Foreign service retirement and disability fund ........
Other .......... ... ...... .
Department of Transportation:
Airport and airway trust fund ........ .... .
Highway trust fund ................. .
O their ................ .
Department of the Treasury ..... .. .... ....
Environmental Protection Agency ................ ..
Office of Personnel Management:
Civil service retirement and disability fund:
Public debt securities ............ ... ..
Agency securities ...... .
Employees health benefits fund ................
Employees life insurance fund ... ..... .. .............
Retired employees health benefits fund .............
Veterans Administration:
Government life insurance fund ..........................
National service life insurance:
Public debt securities .... .... .....
Agency securities ..... ...... ..... .....
Veterans special life insurance fund ... ... ....
General Post Fund National Homes ......... ..........
Independent agencies:
Federal Deposit Insurance Corporation .... ........
Harry S. Truman Memorial Scholarship Trust Fund .....
Japan-United States Friendship Commission ... ......
Federal Retirement Thrift Investment Board ............
Railroad Retirement Board .. .. ......... ..
Other ...................

Total public debt securities .. ... ....
Total agency securities ......

Total trust funds ....................................

Grand total ................ ..............................


$39 $64 $133 $212 $236 $275


27.917
33


49 186
S ( *)

1 541
572 1,611
-10 1
-17 -7
153 295


1,470 485
-140
23 -36
29 399
1

-3 -10


243 3,474
(")

658 9,937
,914 12,691
-17 363
23 134
-3 737


,495 176,748
175
-24 1,208
361 8,078
-1 2


28,500
12

3,611
(**)

10,479
13,730
374
144
879


178,702
35
1,148
8,448
2


10 222 216


69 154 182 9,990
135
-3 37 38 1,093
(") (**) 21

380 -1,776 790 17.040
*) 1 (") 45
) 1 (") 17
125 707 ......... 727
93 478 476 6,688
11 15 42 47


10,213
135
1,132
21

16,144
46
18
1,309
7.073
52


26,650
31

3,660
(**)

10,479
14,302
364
128
1,032


177,233
35
1,172
8,477
2

212

10,144
135
1,129
21

15,264
46
18
1,434
7,166
63


-1,509 29,001 26,952 431,069 461,580 460,070
...... -280 .... 715 435 435

-1,509 28,721 26,952 431,784 462,015 460,505

-1,403 33,252 24,599 458,172 492,827 491,424


.. No transactions.
(")Less than $500,000.
Note: Investments are in public debt securities unless otherwise noted.
Note: Details may not add to totals because of rounding
Source: Financial Management Service, Department of the Treasury








Table 7. Receipts and Outlays of the U.S. Government by Month, Fiscal Year 1988 (in millions)


Classification


Dec.


Jan.


Feb.


Receipts


Individual income taxes
Corporaton ncomre iaes
Social insurance tiaes and
cOn!riDutIons
Employment taxes and
coniriDulions
Unemployment insurance
Other relrremenl contriou.ons
Excise laAes
Estate and .gr, lanes
Customs d3ules
Miscellaneous receipts

Total-budget receipts this year

(On-budget) .

(Off-budget)

TOtal--hudilcr r ~'riil prl.',r riar

(Or,. ruale',



Outlays
Legis al.e Brar.cn
The Judic.r,
Execulr.e Oftce or Ine President
Funds Apprc.pra3led 1o Ine Presaenl
International securtr, assistance
Internai,'nal deveelopDment assistance
Otter
Depalmer.n of Agriculture
Foreign as.silance special erporl
programs and Commodity Creait
Corporalon
Other
Department of Commerce
Department of Defense
Military
Deprimenr of tne Army
Department of the Navy
Department of Ine Ar Force
Celense agencies

Total M.lltary

Civ I
Depanment of Eaucalton
Depanment icr Enr.g,
Depanrment ci Healrh and Human
Servc-s Ci cepl Social Securmly
Public Healin Ser,.ce
Healin Care F.nancng
Aamn,Sltrat.on
Grrant to Siart s for Medica.da
Federal nosp.ial ins trust fund
Federal suPP mrre ns Irust
lurd
Cin.ar
Social Securlh Adm.nlsralion
Fam,l1 Sup'porl Admr,n,slralin
Human De.elopmernl Ser..ce
Other
Department of Healnr, nd Human
Services S Socal Secur.1,
FecPral old.age ani sur-lrors ins
:ruSI lund
Federal dSD.il.1.1, ns truSI
fund ..
Other

Table continued on next page.


$32 429 $25 039 $36 53'
1 855 166'1 I'4"


20 791
956
131
2551
608
1 340
1 392


20 725
2667
364
2 848
617
1 253
1 80'


22 735
1'0
45'
3 832
540
1 36'
2 141


3 98' $25 1
3630I 9--


26 920
883:
3e0
2 3-1
531

1 893,


25 "39
2 399
362
2 199
566
1 301
I 16.4


March


19 868
12 '06



25 141
1 79
356
2 885
6:2
1 444
l '60


June


Fiscal
Year
To
Date


Com-
parable
Period
Prior
F.Y.


t I- I ~ l* I' +


$183 511 172 341
38582 35 490


142 050
7253
2 330
16684
3 485
7922
10 156


130211
7582
2 379
15865
3605
112
9 178


62.354 56.987 85.525 81 791 60.355 64.961 411.973

45.992 40,630 67.645 60 645 40.610 44.189 299.712

16.362 16.357 17.880] 21.146 19.745 20.772 112.261


43 .' 1i t / .i vj ,i. v ', i


1 -4 J / t I J / / ~ J I J ,I / j t "'



157 124 18i 143 1'4 111 921 836
83 85 90 85 86. 222 650 529
8 15 5 11 9 8 61 55

871 584 647 255 i5 1 704 3563 3 "'
464 121 91 3'' 184 93 1 323 1 281
82 -523 41, 42 5 ? 144. 738 627



5 115 3283 1 543 495 426 995 13857 19236
2530 1 91 2263 1 933 216 3 363 12217 12599
153 1'9 243 194 139 206 1 114 1 126


7 423 5356 7 990 5 C-84 648' 6 814. 39 154 36 509
8506 7 183 9283 6 673 '30' 8592 47 544 45 08'
8060 015 9 12 6 194 4 783 8 62' 46851 44863
1 285 1 106 1 913 1 254 1 490 1 723 8 "2 8289

25274 20661 28 358 19 205 2306' 25. 'b6 142 321 134 748


970


2 444
4 119

3022
1 775
2640
950
41:1
2 324



1550'

1,895
824


909'


2619
3 926

2 613
1 "78
186
1 263
434
2 339



15 44'

1.731
36


914


2 020
4 4'9


4 )44
2 023 I
81'
430

0I


34 90.

3,413
(0I


1813
1 61l,
1 1261


876 930 864


2 398 2 476' 2 673
.3 863 4 ', 5 245

2 550 2 "'I 3 168
292 2 394 2 35.9
I 1r. i 209 1 149
1 46F 1' 5 1 311
605 61v 441
i.5 3 189 3 1.33




396 164 258 1,6

986. 191 I


10 8"'
9 969
5 766


5463


14 629
26 104

16 984
12842
8326
6981
294'
16 82'


96 1421

11,0601
22191


10 251
9 375
5430


4 723


13 141
25 604

14 684
10 368
' 9'"5
'236
2825
13414



91 095

10.4741
- 198







Table 7. Receipts and Outlays of the U.S. Government by Month, Fiscal Year 1988 (in millions)-Continued


Fiscal Con-
Year parable
Classification Oct. Nov. Dec. Jan. Feb. March April May June July Aug. Sept. Year Perablod
To Period
Date Prior
Date
F.Y.

Outlays-Continued
Department o. Houui.ng and Urtar.
Development 11 .62 1i 41i i 00 i i1 i i I I I _u $9.645 ."7 526
Department of In. e ler.or -.92' .lF, i 13 -0 -i_. ja4i 2 529 2 569
Department or Ju-l,ce j 4,) 30 Z.: i' aSi .: 2 51 1 924
Department or Labor
Unemploym.rinl trust lrurl 1 012 I 1 .1i'.0 1 l I -ii( 1 8.13 8 695 an 628
Other .. 95, ''. ir 3'_ .' 193 1 302
Department c i Stale 302 6'80 ."' 1'. 2.C ; i 681 1 415
Department of Tr r,.sponaton
Highway Iruil lurn. 1 ?". 1 1i49 1 ;i 6 A i i ., 134 5 724
Other... i 0 "L 1 039 ,Sa I i3 i. 1 i 19 6 i19 C. 343
Department of me Treasur3
Interest on me purl.I: clat 14 1S i; 623 30 3' 5 1 1.4 i- 1 043 1.4 f, 105 24' 96 05
Other ... 2:96 'O% l .6 "'I 13 I 301 6244 5884
Environmeriail Pr'ecl.on Aqen.:, 393 -1)1 41 391 j3I 3 2 413 2 437
General Se-..cre A.lmn.stral.or ~.66i 28i4 3" 4J2 1i 1.' i 141 34
National Aer.:.naultcs ana Space
Administrai.crn 9.368 ". 4 3 622 '.c 8, i i 4 584 1 693
Office of Personnel Manaiement 2 4. 2 13 324 2 39; ;' 39 1, 1.4 34 12
Small Busiresi Aomnn.itral,.,n 241 34 .1 88. 95
Veterans Aamn.slratror
Compensation and pensions 3)2 I 3-32 4-11 i 1 "3" 34 7 30 i '"E
National ser..ce ile 52 4 t 1" 9 336 29,
Government senrcie Iie 1 31 3 3 1' J 18F 19
Other 1 232 801 1374 I 1:j .1i i I I I 5164 5667
Independent aigenc-res
Postal Ser,.ce 355 1.49 a .J439 -33 341 97; 495
Tennessee alliey Aulnorly 138 9 104 .89 11 5'I 252 .490
Other independent agencies 826 22-1 263 i ". l1, 7 .03 7893 9 155
Undistributed otiert.nq rece.prs
Employer snare emploltee
retirement 2589 .1 5:.' 2 65 1430 2 6.07 15 33 14 11
Interest recer.se by Irust lunas 235 .2 116 1 64 83 .113 154 19 OI.6 16 596
Rents ana rotalles on Outer
Continental Snelf lanas -99 -443. 34 8 4 68 19, 1 42' 2 553
Other .. 3 1 1 6 1 204

Totals this year:
Total outlays. 93.055 83.911 109 771 65.786 84.260 94.108 '530.890


(On-budgel)

(Off-budget)

Total-surplus (I) or deficit ( -

(On-budget)

(Off-budgel)

T o ta ls o u ,/i r ,. ," ,i'

(On-bucG~,-

(Off-budet ,

Total-suirl t i ,r jet -
prior year


76.870 67.140' 77.876 66.573 66.507 76.088 431.053

16.185 16.770 31.896 -787 17.753 18.020 99.837

-30.701 26.924 24.246 16.005 23.905 29.147 -118.918

30.878 26.510 10.230 5928 25.897 31.899 131.342

S176 414 14.016 .21.933 1 992 -2.752 12.424

\J 11, 1 1 *.I JllJ 0> '*' I J. 1 J J1l i f ~.



J".' e,'/ i' / J1 J ; "." ., .' .' J


_.'*_._ /_' '.': I .' : .'" '.'; I ;I .'-
------ ------r r I -- --- ------- -


(On-bud. 1 J v4,' ; I 2.': .'v .: v 'l

(Off-budi .,, 1 .. 1' .*...

'A total adjustment of $920 million for FY 1987 and $1.565 million thru February 1988 has been distributed by month for notes issued by Federal Savings and Loan Insurance Corporation (FSLIC)
in lieu of cash and not reported as outlays. All previous adjustments have been reversed prior to these corrections
....No transactions
(*)Less than $500,000.
Note: Details may not add to totals because of rounding
Source: Financial Management Service. Department of the Treasury








Table 8. Trust Fund Impact on Budget Results and Investment Holdings (in millions) as of March 31, 1988


Trust receipts, outlays, and Investments held:
A airport .... .. ..
Black lung disability .... .. .
FD IC ...... .......
Federal disability, insurance .. ....
Federal employees life and health .........
Federal employees retirement .......
Federal hospital insurance .
Federal old-age and survivors insurance ....
Federal supplementary medical insurance...
Highways ...... .
Military advances ...........
Railroad retirement ....... ....
Military retirement .................
Unemployment ... ....... .
Thrift savings .......
Veterans life insurance .. ....
All other trust ........... ..... .....

Total trust fund receipts and outlays and
Investments held from Table 6-D .....


$365 $242 $124 $2,106 $1,390 $716 $9,937 $10,479
84 60 25 341 317 24 ...
898 -898 .. 1,667 -1,667 17,040 16,144
1,862 1,863 -1 10,463 11,060 -597 7,193 6,641
.. -52 52 ... -332 332 9,287 9,598
1,020 2,392 -1,370 14,388 13,832 557 180,516 182,469
4,151 5,245 -1,093 31,259 26,104 5,155 50,779 56,726
19,407 16,654 2,753 109,163 96,142 13,021 58,356 68,581
3,122 3,168 -46 17,137 16,984 153 6,166 6,550
1,386 740 645 7,427 6,194 1,233 12,691 13,730
929 959 -30 4,551 4,635 -84 ...
437 551 -114 2,425 3,184 -759 6,688 7,073
1,480 1,584 -105 21,337 9,367 11,969 30,637 39,840
213 1,843 -1,629 8,471 8.695 -224 27,917 28,500
139 3 136 704 11 693 727 1,309
46 130 -84 711 532 179 11,440 11,696
419 378 42 1,885 1,787 99 2,409 2,679


35,062 36,657 -1,595 232,367 201,568 30,799 431,784 462,015


Iritertund Iransactions


5 3"' 5 377


61 054 1 054


Trust tuna receipt and oullays on rne Das ,
c-f lables 4 & 5

Tolal federal fund receipts and outlays

Internunl Iranri-aiCons

Federal lurd receDls & cutllays un lhe Das'E
of ltDle 4 & B.


OCiteltrng prorpr.eiarv recepsl

Nel budget receipts & outlays


29 685 31 280 1 595 171 313 1J0 514 30 799

37.301 64.852 -27.552 250.919 400.635 149.716


43 43


308 308


3' 258 64 809 -27552 250611 400 327 149 '16


- 982 1 982 9 952 9 952


64.961 94.108 29.147 411.973 530.890 -118.918


..No transactions.
(")Less than $500,000.
Note Interfund receipts and outlays are transactions between Federal funds and trust funds such as Federal payments and contributions, and interest and profits on investments in Federal securities.
They have no net effect on overall budget receipts and outlays since the receipt side of such transactions is offset against budget outlays In this table, interfund receipts are shown as an adjustment
to arrive at total receipts and outlays of trust funds respectively.
Note: Details may not add to totals because of rounding.
Source Financial Management Service. Department of the Treasury


$10,479

15,264
6,607
9,650
181,051
55,963
71,317
6,366
14.302

7,166
39,742
26,650
1,434
11,621
2,893


460,505






Table 9. Summary of Receipts by Source, and Outlays by Function of the U.S.
and Other Periods (in millions)


Government, March 1988


Classification This Month Fiscal Year Comparable Period
To Date Prior Fiscal Year

RECEIPTS
Individual income taxes .. ........... $19,868 $183,511 $172.341
Corporation income taxes ..... ........ 12,706 38,582 35,490
Social insurance taxes and contributions:
Employment taxes and contributions .... 25,141 142,050 130,211
Unemployment insurance. ................... ...... 179 7,253 7,582
Other retirement contributions ...... 356 2,330 2,379
Excise taxes .......................... 2,885 16,684 15,865
Estate and gift taxes ................ .. ... .. 622 3,485 3,605
Customs ................ ........ ... 1,444 7,922 7,112
Miscellaneous .......... ............ ... 1,760 10,156 9,178

Total .......................................... 64,961 411,973 383,763

NET OUTLAYS
National defense. ... ........... ..... ........ 26,484 146,396 138,784
International affairs .............. ......... .. 1,490 4,666 6,696
General science, space, and technology ................... 956 5,400 4,401
Energy ................ ...... ..... ...... 538 281 2,462
Natural resources and environment ............. ... 1.082 6,976 6,388
Agriculture .. ........... ....... .... .. 1,160 14,043 19,296
Commerce and housing credit .... ............... 2,409 5,848 3.807
Transportation ....... ....... ...... 1,838 12,720 12.464
Community and regional development ........ ... 535 3.340 3,109
Education, training, employment and social services ......... 2,545 16,157 15,218
Health ......... ... .......... .... .. .... 3,765 21,525 19,009
Medicare ................... ..... ...... 7,629 39,026 37,156
Income security ........ ......... ... ...... 11,969 64,775 63,884
Social security. .................... ... .. 18,516 106,778 101,235
Veterans benefits and services ................ ..... 2,555 14,250 13.296
Administration of justice ................... ........ 868 4,378 3,428
General government ..... ............... ..... 383 4,577 3,718
General purpose fiscal assistance ............. .......... .... -30 -293
Interest .. .. ............ ............ .... ...... .12,167 76,548 69,917
Undistributed offsetting receipts ................. ...... -2,802 -16,764 -16,997

Total .......................................... 94,108 530,890 506,977


Note: Details may not add to totals because of rounding.
Source: Financial Management Service, Department of the Treasury


GPO 933-077







Explanatory Notes


1. Flow of Data Into Monthly Treasury Statement
The Monthly Treasury Statement (MTS) is assembled from data in the
central accounting system. The major sources of data include monthly
accounting reports by Federal entities and disbursing officers, and daily
reports from the Federal Reserve banks. These reports detail account-
ing transactions affecting receipts and outlays of the Federal Government
and off-budget Federal entities, and their related effect on the assets and
liabilities of the U.S. Government. Information is presented in the MTS
on a modified cash basis.

2. Notes on Receipts
Receipts included in the report are classified into the following major
categories: (1) budget receipts and (2) offsetting collections (also called
applicable receipts). Budget receipts are collections from the public that
result from the exercise of the Government's sovereign or governmental
powers, excluding receipts offset against outlays. These collections, also
called governmental receipts, consist mainly of tax receipts (including
social insurance taxes), receipts from court fines, certain licenses, and
deposits of earnings by the Federal Reserve System. Refunds of receipts
are treated as deductions from gross receipts.
Offsetting collections are from other Government accounts or the public
that are of a business-type or market-oriented nature. They are classified
into two major categories: (1) offsetting collections credited to appropria-
tions or fund accounts, and (2) offsetting receipts (i.e., amounts deposited
in receipt accounts). Collections credited to appropriation or fund accounts
normally can be used without appropriation action by Congress. These
occur in two instances: (1) when authorized by law, amounts collected
for materials or services are treated as reimbursements to appropriations
and (2) in the three types of revolving funds (public enterprise, intragovern-
mental, and trust); collections are netted against spending, and outlays
are reported as the net amount.
Offsetting receipts in receipt accounts cannot be used without being
appropriated. They are subdivided into two categories: (1) proprietary
receipts-these collections are from the public and they are offset against
outlays by agency and by function, and (2) intragovernmental funds-
these are payments into receipt accounts from Governmental appropria-
tion or fund accounts. They finance operations within and between Govern-
ment agencies and are credited with collections from other Government
accounts. The transactions may be intrabudgetary when the payment and
receipt both occur within the budget or from receipts from off-budget
Federal entities in those cases where payment is made by a Federal en-
tity whose budget authority and outlays are excluded from the budget
totals.
Intrabudgetary transactions are subdivided into three categories:
(1) interfund transactions, where the payments are from one fund group
(either Federal funds or trust funds) to a receipt account in the other fund
group; (2) Federal intrafund transactions, where the payments and receipts
both occur within the Federal fund group; and (3) trust intrafund transac-
tions, where the payments and receipts both occur within the trust fund
group.
Offsetting receipts are generally deducted from budget authority and
outlays by function, by subfunction, or by agency. There are four types
of receipts, however, that are deducted from budget totals as undistributed
offsetting receipts. They are: (1) agencies' payments (including payments
by off-budget Federal entities) as employers into employees retirement
funds, (2) interest received by trust funds, (3) rents and royalties on the
Outer Continental Shelf lands, and (4) other interest (i.e., interest collected
on Outer Continental Shelf money in deposit funds when such money
is transferred into the budget).

3. Notes on Outlays
Outlays are generally accounted for on the basis of checks issued by
Government disbursing officers, and cash payments made Certain in-


tragovernmental outlays do not require issuance of checks. An example
would be charges made against appropriations representing a part of
employees' salaries which are withheld for individual income taxes, and
for savings bond allotments. Outlays are stated net of offsetting collec-
tions and refunds representing reimbursements as authorized by law,
refunds of money previously expended, and receipts of revolving and
management funds. Interest on the public debt (public issues) is recog-
nized on the accrual basis. Outlays of off-budget Federal entities are ex-
cluded from budget outlay totals.

4. Processing
The data on payments and collections are reported by account sym-
bol into the central accounting system. In turn, the data are extracted from
this system for use in the preparation of the MTS.
There are two major checks which are conducted to assure the con-
sistency of the data reported:
1. Verification of payment data. The monthly payment activity reported
by Federal entities on their Statements of Transactions is compared to
the payment activity of Federal entities as reported by disbursing officers.
2. Verification of collection data. Reported collections appearing on
Statements of Transactions are compared to deposits as reported by
Federal Reserve banks.


5. Other Sources of Information About Federal Government
Financial Activities

A Glossary of Terms Used in the Federal Budget Process, March 1981
(Available from the U.S. General Accounting Office, Gaithersburg,
Md. 20760). This glossary provides a basic reference document of stan-
dardized definitions of terms used by the Federal Government in the
budgetmaking process.

Daily Treasury Statement (Available from GPO, Washington,
D.C. 20402, on a subscription basis only). The Daily Treasury Statement
is published each working day of the Federal Government and provides
data on the cash and debt operations of the Treasury.

Monthly Statement of the Public Debt of the United States (Available
from GPO, Washington, D.C. 20402 on a subscription basis only). This
publication provides detailed information concerning the public debt.

Treasury Bulletin (Available from GPO, Washington, D.C. 20402).
This quarterly publication provides a summary of statistics concerning
the Federal Government's financial operations, international statistics,
cash management/debt collection, and special reports.

Annual Budget Publications (Available from GPO, Washington,
D.C. 20402). There are five annual publications which provide informa-
tion concerning the budget:

-The Budget of the United States Government, FY 19
-Appendix, The Budget of the United States Government, FY 19
-The United States Budget in Brief, FY 19
-Special Analyses
-Historical Tables

United States Government Annual Report and Appendix A alaole
from Financial Management Service, U.S. Department of the Treasury,
Washington, D.C. 20226). This annual report presents budgetary results
at the summary level. The appendix presents the individual receipt and
appropriation accounts at the detail level.















Scheduled Release


The scheduled release date for the April 1988 Statement
will be 2:00 p.m. EST May 20, 1988.

























For sale by the Superintendent of Documents, U.S. Government Printing
Office, Washington, D.C. 20402 (202) 783-3238. The subscription price is
$22.00 per year (domestic). $27.50 per year (foreign).
No single copies are sold.





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