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

MISSING IMAGE

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:
AA00010653:00075

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



i -




Monthly Treasury Statement

of Receipts and Outlays of

the United States Government


Compiled and Published by
The Financial Management Service
Department of the Treasury


For Fiscal Year 1989
Through December 31, 1988,
and Other Periods


-I -- -


-q~~ )


Summary- -
page 2


Receipts -
page 6


.'








Outlays -
page 7


Deficit
Financing -
page 20


Lu i ~c;.i ~ .. !; : ..-,


Receipts
Outlays
by Month -
page 26


Federal
STrust Funds
Securities-
page 28


Receipts
by Source
Outlays by
Function -
page 29


Explanator\
Notes -
page 30


~;.

:P







Introduction


The Monthly Treasury Statement of Receipts and Outlays of the United States
Government (MTS) is prepared by the Financial Management Service, Department
of the Treasury, 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 1988 and 1989,
by Month (in millions)


Period Receipts Outlays Deflict/Surplus (-)



FY 1988
October ................ ... ...... $62,354 $93,164 $30,810
November........................ 56,987 84,009 27,022
December ......................... 85,525 109,889 24,363
January ........................... 81,791 65,895 -15,896
February ..... .................... 60,355 84,382 24,027
March ............................ 65,730 95,013 29,283
April ............................ 109,323 95,554 -13,769
May ............................ 59,711 82,295 22,583
June ..................... ........ 99,205 90,071 -9,134
July .............................. 60,690 83,634 22,944
August ......................... 69,479 92,561 23,082
September ....................... 97,803 87,588 -10,214

Year-to-date .................... 908,953 1,064,055 155,102



FY 1989
October ....................... 63,646 290,655 227,009
November ...................... 64,408 93,426 29,018
December ........................ 93,795 105,363 11,568
Year-to-Date ................... $221,850 $289,444 $67,595




'The outlay and deficit figures differ from the FY 1990 Budget released by the Office of Management and Budget on January 9, 1989 by a net of $11 million mainly due to revisions in data following
the release of the Final September 1988 Monthly Treasury Statement.
2Includes a net adjustment of $431 million for FSLIC notes issued in lieu of cash payments.
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
Other Periods (in millions)


Financing of the U.S. Government, December 1988 and


Actual Budget Previous udget
Current Estimates PreviousEstimates
Classification Fucal Year Fiscal Year Estites
Month to Date Full Fiscal to Date Next Fiscal
toDate Year (988 Year (1990)


Total on-budget and off-budget results:
Total receipts ............ .............. $93,795 $221,850 $975,534 $204,866 $1.059,339
On-budget receipts .................. ........ 74,682 167,552 708,662 154,268 770,446
Off-budget receipts ....... ..... ...... 19,114 54,297 266,872 50.598 288,893
Total outlays .................. ............ 105,363 289,444 1,137.030 287,062 1,151,848
On-budget outlays ........................... 91,732 240,672 926,169 222,210 931,730
Off-budget outlays .... ............. .......... 13,632 48,772 210,861 64,851 220,118
Total surplus (+) or deficit (-) ................... -11,568 -67,595 -161,496 -82,196 -92,509
On-budget surplus (+) or deficit (-) ............ -17,050 -73,120 -217,507 -67,942 -161,284
Off-budget surplus (+) or deficit (-) ............ +5,482 + 5,525 + 56,011 -14,253 +68,775
Total on-budget and off-budget financing ........... 11,568 67,595 161,496 82,196 92,509
Means of financing:
By Borrowing from the public .................. 12.036 53,841 143,622 62,494 91,196
By Reduction of operating cash, increase (-) ..... -12,268 10,698 14,398 14,067
By Other means ... .......................... 11,800 3,055 3,476 5,635 1,313

'Based on the FY 1990 Budget released by the Office of Management and Budget on January 9, 1989,
Note: Details may not add to totals 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 1988 and 1989

In billions of dollars
150

120 Outlays

90

60
Receipts
30 -
30




-30

60 Deficit(- )/Surplus

-90
-- 90


Oct.
FY
88


Dec. Feb. Apr. June Aug. Oct.
FY
89


Dec.





Figure 2. Monthly Receipts of the U.S. Government, by Source, Fiscal Years 1988 and 1989

In billions of dollars
140

120 Total Receipts

100

80 Social Security Taxes




40 Income Taxes

20

.. Other Taxes and Receipts::
Oct. Dec. Feb. Apr. June Aug. Oct. Dec.
FY FY
88 89


Figure 3. Monthly Outlays of the U.S. Government, by Function, Fiscal Years 1988 and 1989

In billions of dollars
120

Total Outlays
100 -


Oct. Dec. Feb. Apr.
FY
88


June Aug. Oct.
FY
89


Dec.






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


Actual Actual Actual Budget
Classification This Month This Fiscal Comparable Estimates
Year to Date Prior Period Full Fiscal Year1

Budget Receipts
Individual income taxes ................... $39,673 $100,781 $94,005 $425,193
Corporation income taxes ..... ........ ..... 22.160 25,396 21,271 106,997
Social insurance taxes and contributions:
Employment taxes and contributions (off-budget).......... 19.114 54,297 50,598 266,872
Employment taxes and contributions (on-budget) .......... 4,986 14,253 13.653 69,165
Unemployment Insurance ............... ........ 189 3,932 3,792 23,097
Other retirement contributions .......................... 409 1,138 1.252 4,737
Excise taxes ............ ................ 3.155 9.536 9,230 33,977
Estate and gift taxes ................ ....... 673 2,088 1,765 7,850
Customs duties .. .... 1,391 4.175 3.960 16,281
Miscellaneous receipts ... .................. 2.046 6.253 5,340 21,365

Total Receipts ...................................... 93,795 221,850 204,866 975,534

(On-budget) ....................... ............. 74,682 167,552 154,268 708,662

(Off-budget) ...................................... 19,114 54,297 50,598 266,872

Budget Outlays
Legislative Branch ......... .............. ..... 226 501 463 2,233
The Judiciary ........... ... ............... 125 317 258 1,478
Executive Office of the President ........................ 8 33 32 127
Funds Appropriated to the President .............. .. -985 -796 1,756 5,577
Department of Agriculture ............ .......... 4,917 16.004 16.645 52,055
Department of Commerce ........... ............... 312 748 576 2,792
Department of Defense-Military ..... .. ...... 28.201 77.295 74,296 289,800
Department of Defense-Civil ...... .. .... ........ 1,941 5,788 5,441 23,353
Department of Education ................................ 1,719 5,344 4,866 20,828
Department of Energy ........ ... .............. 1,045 3,517 2,832 11,403
Department of Health and Human Services,
except Social Security ....... ......... .. ... 14,735 39,989 37,734 174,715
Department of Health and Human Services, Social Security .. 18,756 54,595 68.991 226,920
Department of Housing and Urban Development ............ 2,054 5,417 5,283 20,383
Department of the Interior ... ....... .... ... 457 1,569 1,437 5,547
Department of Justice .............. ................ 507 1,547 1,267 6,010
Department of Labor .................. ............ 1,649 4,221 4,510 22,829
Department of State .................. .................. 348 1,081 1,060 3,596
Department of Transportation ................... ... 2,138 7,026 6,688 27,063
Department of the Treasury:
Interest on the Public Debt ..... ....... ........... 34,977 68,269 61,093 235,618
Other ................... ..................... -334 -2,844 -4,300 -7,956
Environmental Protection Agency ........ ...... ....... 434 1,195 1,210 5,159
General Services Administration ............. ...... 248 -111 42 -42
National Aeronautics and Space Administration ............. 884 2,876 2,551 10,596
Office of Personnel Management ..... .............. 2,494 7,291 6,918 30,792
Small Business Administration ................ ......... -43 120 162 153
Veterans Administration ....................... .. 3,531 8,090 8,303 29,196
Other independent agencies .............................. 8,047 12,052 4,302 24,719
Allowances, undistributed ................... .... .. .............
Undistributed offsetting receipts:
Interest ................... ........... .. ... ..... -20,492 -23,557 -18,982 -50,985
Other ................... ......... ........ -2,537 -8,132 -8,373 -36,931

Total Outlays .................. .................... 105,363 289,444 287,062 1,137,030

(On-budget) ..................................... 91,732 240,672 222,210 926,169

(Off-budget) ..................................... 13,632 48,772 64,851 210,861

Surplus (+) or deficit (-) ............................ -11,568 -67,595 -82,196 -161,496

(On-budget) ..................................... -17,050 -73,120 -67,942 -217,507

(Off-budget) ..................................... +5,482 +5,525 -14,253 +56,011

tBased on the FY 1990 Budget released by the Office of Management and Budget on January 9, 1989
... No Transactions.
Source: Financial Management Service, Department of the Treasury.






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

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

Classification Gross Refunds Receipts Gross Refunds Rece Gross Refunds Rei
Receipts (Deduct) Receipts (Deduct) Receipts (Deduct) Reet


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 ........................ .
Other .......... .... .................

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 trust fund ... ..... ... .
Railroad retirement accounts:
Rail industry pension fund .... ........ ..... ..
Railroad social security equivalent benefit ..........

Total-Employment taxes and contributions .......
Unemployment insurance:
State taxes deposited in Treasury ................
Federal Unemployment Tax Act taxes ..............
Railroad Unemployment taxes ...................
Railroad debt repayment .. .. .......... .. ...
Total-Unemployment insurance ............
Federal employees retirement contributions:
Civil service retirement and disability fund .... .....
Foreign service retirement and disability fund........
O the r ... ... ....... ..... .......... .. ... .
Total-Federal employees retirement contributions..
Other retirement contributions:
Civil service retirement and disability fund ..........
Total-Social Insurance taxes and contributions
Excise taxes:
Miscellaneous excise taxes2 ............... .. ...
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 ..............................


$37,578
("*)
3,034


$96,494
1
7,831


$89,030
1
8,536


40,611 '$939 $39,673 104,325 $3,544 $100,781 97,566 $3,561 $94,005

23,100 940 22,160 29,551 4,154 25,396 24,824 3,553 21,271




17,449 ...... 17,449 49,315 ...... 49,315 46,002 ...... 46,002
....... .238 ...... 238 107 ...... 107
-7 ...... -7 -5 ...... -5 43 ...... 43
("*) ...... (") ("*) .... (") (") ...... (")
17,442 ...... 17,442 49,548 ...... 49,548 46,152 ...... 46,152

1,672 ...... 1,672 4,726 ...... 4,726 4,430 ...... 4,430
. .... ... ...... 23 ... 23 10 ...... 10
+(" ) .' (" ) ("* ) ...... (" ) 5 ...... 5


1,672 ...... 1,672 4,750 ...... 4,750 4,446 ...... 4,446

4,699 .... 4,699 13,363 ...... 13,363 12,925 ...... 12,925
........... 65 ... 65 27 ...... 27

(") ...... (" ) 1 ...... 1 -53 ...... -53
4,699 ...... 4,699 13,429 ...... 13,429 12,900 ...... 12,900

160 (") 160 430 1 429 377 18 360
126 ..... 126 395 ...... 395 394 ...... 394

24,099 (") 24.100 68.551 1 68,551 64,268 18 64.251

166 ...... 166 3,008 ...... 3,008 3,044 ...... 3,044
31 8 22 890 18 871 714 25 689
("*) ..... (*) 48 ...... 48 47 ...... 47
(") ... (" ) 4 .. 4 12 ...... 12
197 8 189 3,950 18 3,932 3,817 25 3,792

395 ...... 395 1,101 .... 1,101 1,212 ...... 1,212
3 ...... 3 7 ...... 7 10 ...... 10
(* ) ...... ("*) 1 1 1 ........ 1
399 .... 399 1,109 ...... 1,109 1,223 ...... 1,223

11 .. 11 29 ..... 29 29 ...... 29

24,706 8 24,698 73,639 19 73,620 69,337 42 69,295

1,172 50 1,122 4,615 -39 4,654 5,047 89 4,958
477 ...... 477 1,010 80 930 793 1 792
1,505 ...... 1,505 3,865 65 3,800 3,396 65 3,331
52 ...... 52 152 ...... 152 149 ...... 149
3,205 50 3,155 9,642 106 9,536 9,386 155 9,230
691 18 673 2,156 68 2,088 1,813 48 1,765

1,453 62 1,391 4,335 160 4,175 4,077 117 3,960

1,742 ..... 1,742 5,524 ...... 5,524 4,871 ...... 4,871
316 12 304 758 29 729 469 (") 469
2,059 12 2,046 6,282 29 6,253 5,340 ( ) 5,340
95,824 2,029 93,795 229,930 8,080 221,850 212,343 7,477 204,866

76,711 2,029 74,682 175,633 8,080 167,552 161,745 7,477 154,268
19,114 ...... 19,114 54,297 ...... 54,297 50,598 ...... 50,598


'Includes $8 million of estimated earned income credit payments in excess of tax liability.
2Includes amounts for windfall profits tax pursuant to P.L. 96-223.
S.No Transactions
(" )Less than $500,000.
Note: Details may not add to totals due to rounding
Source Financial Management Service. Department of the Treasury.






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

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross Applicable Gross Applicable Ou Gross Applicable O
Outlays Receipts Outlays Outlays Receipts uays Outlays Receipts Oay


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........ ...........................
Other ............................................

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

Executive Office of the President:
Compensation of the President and the
White 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...........................
Military assistance..........................
Peacekeeping operations .........................
Other ..................... ...........
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 ...............
Other ... .................................
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 .................. .... ..........
Other ..................... ..............
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.


(" ) $80
(**) 134
.. 21
4
$2 30
... .. 121


(")
('')


(**)







(")


(*") $84
( ") 138
7
5
$1 33
71


I I I I .

226 $1 226 504 3 501 466 2 463


1 ...... 1 4 ..... 4 4 .. 4

118 ...... 118 300 .... 300 240 240
6 ...... 6 13 ...... 13 13 .... 13

125 ...... 125 317 ...... 317 258 ...... 258



2 ...... 2 7 ...... 7 7 ...... 7
3 ...... 3 11 ...... 11 11 ...... 11
4 ...... 4 14 .... 14 14 ...... 14

8 ...... 8 33 ...... 33 32 ...... 32



110 425 -316 491 509 -18 166 148 18
378 973 -595 863 3,653 -2,790 1,093 993 100
251 ...... 251 1,839 ...... 1,839 1,867 ...... 1,867
114 ...... 114 241 ...... 241 124 ...... 124
2 ...... 2 7 ...... 7 7 ...... 7
3 ...... 3 7 ...... 7 9 ...... 9
..... 653 -653 ..... 816 -816 ...... 22 -22

858 2,051 -1,193 3,448 4,978 -1,529 3,265 1,162 2,102




. .... ...... ..... 206 .. 206 ...... ...
...... ...... ..... 71 ...... 71 73 ...... 73
10 ...... 10 135 ...... 135 261 ...... 261
4 ...... 4 104 ...... 104 69 ... 69

14 ...... 14 517 ...... 517 402 ...... 402


108 ..... 108 382 .... 382 307 ... 307

'-4 ...... -4 -29 ... -29 93 ...... 93

...... 76 ...... 76 ...... .
40 7 33 81 13 68 71 16 56
...... 61 -61 ... 155 -155 ...... 222 -222

143 68 75 510 169 341 471 238 233

2 ...... 2 6 ...... 6 6 ...... 6
14 ...... 14 39 ...... 39 33 ...... 33
5 12 -7 7 24 -18 17 26 -9
3 (*) 3 8 (") 9 11 1 10

181 80 101 1,087 193 894 940 265 675


1






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

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classifcaton Gross Applicable Gross Applicable Gross Applicable
Outlays ReceiptsOutlays Outlays Receipts Outla Outlays Receipts O y


Funds Appropriated to the President:-Continued
International Monetary Programs ....... .... $146
Military Sales Programs:
Foreign military sales trust fund .... ....... 698
Other .. .. .. 17
Proprietary receipts from the public
Other ......... ........ .... 5

Total-Funds Appropriated to the President ...... 1,905


Department of Agriculture:
Departmental Administration .. ...
Agricultural Research Service .............
Cooperative State Research Service ...
Extension Service .. ..
Foreign Agricultural Service .
Foreign Assistance Programs ..................
Agricultural Stabilization and Conservation Service:
Conservation Program .....
O their ..... ....
Federal Crop Insurance Corporation ...
Commodity Credit Corporation:
Price support and related programs
National Wool Act Program .. ...
Rural Electrification Administration .....

Farmers Home Administration:
Public enterprise funds:
Agricultural credit insurance fund .......
Rural housing insurance fund .......
Rural development insurance fund ......
Other .... ....................
Rural water and waste disposal grants ..
Salaries and expenses ................ .
O other .............

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 ......
O their ....................

Total-Food and Nutrition Service ...............

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

Total-Forest Service ....

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

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


8
54
27
32
10
200

45
-9
223

2,855
(**)
47


$146 -$403 .. -$403 -$1,088 .. -$1,088

698 2,104 2,104 2,277 ...... 2,277
$8 9 59 $8 51 61 $46 15
750 -750 ..... 1,926 -1,926 ...... 2,234 -2,234
5 12 12 7 ...... 7

2,889 -985 6,308 7,105 -796 5,463 3,707 1,756


8 26 ... 26 46 ...... 46
54 144 .. 144 134 134
27 79 79 71 ..... 71
32 104 ..... 104 76 .... 76
10 21 .. 21 19 19
200 282 ... 282 230 ..... 230

45 21,195 1,195 39 ..... 39
-9 -46 -46 -32 ...... -32
74 149 617 102 515 204 120 84

754 2,101 28,410 1,929 6,481 12,676 2,966 9,709
S (" ) 5 5 1 ...... 1
77 -29 672 733 -61 769 838 -70


201 480 -279 664 1,008 -344 637 1,287 -650
263 203 60 1,381 622 759 1,358 611 747
173 72 101 2,057 1,733 324 1,355 934 421
1 (*") ("*) 1 1 (**) (') (*V) ('')
14 14 40 40 42 ... 42
34 34 102 102 102 ...... 102
5 ...... 5 18 ..... 18 17 .... 17

691 755 -64 4,263 3,364 899 3,510 2.833 678


49 49 118 118 107 .. 107
17 17 51 51 60 60
6 6 12 12 14 14
37 37 90 90 88 ...... 88

64 64 222 .. 222 124 .. 124
19 19 53 53 21 21
42 42 103 103 102 .... 102

1,162 1,162 3,346 .. 3.346 3,153 3.153
. (* ) (* ) . . .
489 489 1.173 1,173 1,062 ... 1,062
164 164 449 ...... 449 412 ..... 412
49 49 89 89 69 ...... 69

1,864 1,864 5,056 5,056 4,696 ... 4,696


138 138 536 536 468 ..... 468
23 23 70 70 80 ..... 80
13 13 36 36 36 36
119 119 140 140 107 107
17 17 47 47 39 39
10 10 31 31 29 ..... 29

321 321 859 ..... 859 759 ...... 759

30 3 27 69 7 61 63 9 54
54 -54 267 -267 ...... 366 -366


6,634 1,718 4,917 22,406 6,402 16,004 23,778 7,133 16,645


Table continued on next page.







Table 5. Outlays of the U.S. Government, December 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 O
Outlays Receipts Outlays Receipts Oulays Outlays Receipts ays


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 Institute of Standards and Technology ....
National Telecommunications and Information
Administration ............ ..... ........

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

Other ........... ....... .... ......
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


$20 $3 $16 $68 $10 $58 $78 $12 $66
53 ... 53 184 ..... 184 76 .. 76
6 .. 6 16 16 19 ..... 19
21 .21 65 65 53 ..... 53

184 1 183 357 3 354 309 3 306
8 .... 8 29 29 28 28
25 25 39 ..... 39 34 34

1 1 8 8 7 7

218 1 217 433 3 430 378 3 375

3 3 8 ..... 8 (* ) ( )
.4 -4 ... 12 -12 11 -11
-1 .. -1 -2 -2 -2 ...... -2

320 8 312 773 24 748 602 27 576


3,557
3,057
2,490


. 9,104


. 2,297
. 2,179
. 2,143
.... 713

... 7.332


3,557 8,277
3,057 7,001
2,490 6,001

9,104 21,279


.... 2,297 6,061
2,179 7,437
2,143 6,096
713 2,032

7.332 21.626


8,277 8,148
7,001 7,114
6,001 5,835

21.279 21,096


8,148
7,114
5,835

21,096


6,061 6.143
7,437 6,944
6,096 5,936
2,032 1,952

21.626 20.975


6,143
6,944
5,936
1,952

20.975


Procurement:
Department of the Army .... ........ ....... 1,654 ..... 1,654 4,448
Department of the Navy ...... .................. 2,782 ...... 2,782 8,329
Department of the Air Force...... ... 2,830 ...... 2,830 8,082
Defense agencies ........................... 294 ...... 294 678

Total-Procurement ....... .... .......... 7,561 .... 7,561 21,537

Research, Development. Test, and Evaluation:
Department of the Army ..... ........ .. 425 ...... 425 1,157
Department of the Navy ............ ..... 803 .. 803 2,307
Department of the Air Force ....................... 1,586 1,586 4,130
Defense agencies ............................... 742 .... 742 2,115

Total-Research, Development. Test, and Evaluation 3,556 3,556 9,709

Military Construction:
Department of the Army ............. .. .. ... 149 ...... 149 438
Department of the Navy .................. .. ... 131 131 429
Department of the Air Force ............ ..... .. .. 133 .... 133 377
Defense agencies .............. ..... ..... 30 ... 30 156

Total-Military construction ....................... 442 ...... 442 1,399

Family housing ......... ............... 293 .... 293 759
Revolving and Management Funds:
Public Enterprise Funds ................... 7 (") 7 12
Intragovernmental Funds:
Department of the Army ........ .... .... -254 ..... -254 75
Department of the Navy .............. ... ... 114 ..... 114 -26
Department of the Air Force ........ ....... .. 46 ..... 46 123
Defense agencies ............. ....... 351 210 141 339
Other ............ ............ ........... ... 33 31 2 97
Proprietary receipts from the public ............ ...... 145 -145 ......
Intrabudgetary transactions .................. ..... 2 ...... 2 382

Total-Department of Defense-Military ............ 28,587 386 28,201 77,310


4,448 4.146
8,329 7,307
8,082 8,262
678 409

21,537 20,124


4,146
7,307
8,262
409

20,124


1,157 1,148 1,148
2,307 1,948 1,948
... 4,130 3,296 3,296
2,115 1.671 1,671

9.709 8,063 .8,063


.... 438 520 ...... 520
429 436 436
.... 377 476 476
... 156 164 164

1,399 1,595 1,595

2 757 711 ..... 711

23 -12 3 1 3

75 268 .... 268
-26 748 ...... 748
.... 123 262 ...... 262
.. 339 101 .. 101
84 12 93 84 10
-95 95 ...... -57 57
..... 382 282 ...... 282

15 77,295 74,323 27 74,296


Table continued on next page.







Table 5. Outlays of the U.S. Government, December 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 u s Outlays Receipts ys Outlays Receipts uts


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

Total-Corps of Engineers ................. ..

Military retirement fund:
Payments to military retirement fund ................
Military retirement fund .. ........... ..........
Retired pay .................. .................
Intrabudgetary transactions ........................
Education benefits fund .... .....................
O their ............ .. ...........................
Proprietary receipts from the public .......... .........

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

Department of Education:
Office of Elementary and Secondary Education:
Compensatory education for the disadvantaged ........
Im pact aid .....................................
Special programs ..... .. ... .... ..............
Chicago litigation ................... ............
Indian education ......... .... ...............

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 ...............................
Higher education facilities loans ................ ....
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 Production .................. ........
Nuclear waste disposal fund .......................
Other ................. .....................

Total-Energy Programs .................. ......

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

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

Table continued on next page.


$13
.. 107
123
50
... 29
tin _1in


$31


$29
278
332
92
133
n 4f


. -. .. ,19 19

322 10 312 934 31 903 865 19 846


...... .... ...... 9782 9,782 10,285 10,285
1.625 .. .... 1,625 4,872 ..... 4,872 4,585 ...... 4,585
(") ..... (") (") ..... (*") (**) ..... (")
...... .... .... -9,782 .... -9,782 -10,285 ... -10,285
4 ...... 4 4 ...... 4 -3 ... -3
1 ...... 1 12 (") 11 15 (") 15
...... (") (") ...... 2 -2 .... 2 -2

1,952 10 1,941 5,821 33 5,788 5,462 21 5,441



568 ...... 568 988 .... 988 848 ...... 848
111 ...... 111 354 354 148 ... 148
146 ...... 146 307 307 187 .. 187
. . .. .. (* ) ( ) . .
4 ..... 4 13 ..... 13 12 ... 12

829 ..... 829 1,663 1,663 1,195 .. 1,195


10 ...... 10 39 39 44 ...... 44

96 ..... 96 480 480 470 ... 470
68 .. .. 68 335 ...... 335 474 .... 474
9 ... 9 31 31 20 ...... 20
1-141 .. -141 183 ...... 183 219 .. 219

1 2 -1 4 21 -17 4 57 -53
538 ..... 538 1,490 1,490 1,412 .... 1,412
189 ..... 189 836 ...... 836 851 ...... 851
37 ..... 37 119 119 108 ...... 108
19 ...... 19 45 ...... 45 25 ...... 25
("*) ... .(**) -5 -5 -11 ...... -11
...... ...... .. -4 ...... -4 ...... .....

784 2 783 2,486 21 2,465 2,389 57 2.331

46 ...... 46 83 83 44 ...... 44
26 ...... 26 76 .... 76 76 ...... 76
.5 -5 .. 10 -10 ...... 8 -8

1,726 7 1,719 5,375 31 5,344 4,931 65 4,866


703 ...... 703 2.054 .. 2,054 1,961 ...... 1,961

72 ...... 72 211 ... 211 177 .... 177
197 ...... 197 612 ...... 612 601 ...... 601
57 ..... 57 668 .... 668 244 ...... 244
29 ...... 29 84 ...... 84 80 ...... 80
15 ... .. 15 41 .. 41 38 ...... 38
-20 ...... -20 40 .. .. 40 36 ...... 36
57 .... 57 141 .... 141 169 ...... 169
9 ...... 9 26 .. 26 26 ...... 26
(") (*") (*) 39 39 (") ...... (")
25 ...... 25 81 81 99 ...... 99
17 ...... 17 46 ...... 46 53 ...... 53

460 (") 460 1,988 1,988 1,524 ..... 1,524

123 128 -5 317 338 -20 293 311 -18
35 ..... 35 115 .. 115 107 ...... 107
148 -148 ..... 567 -567 ..... 695 -695
( ) ...... ( ) -52 ... -52 -46 ...... -46

1,321 276 1,045 4,423 905 3,517 3,838 1,006 2,832


. .











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

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross Applcable Gross Applicable Gross ApplicableOutlays
Outlays ReOutlaysays Receipts Out receipts Oays Outlays Receipts O y


Department of Health and Human Services, Except Social
Security:
Public Health Service:
Food and Drug Administration ........... $35 (
Health Resources and Services Administration:
Public enterprise funds:
Medical facilities guaranteed and loan fund .... (") (
O their. ......... .........
Health resources and services ................... .. 137 ..
Indian Health Service .. ............. ..... 117
Centers for Disease Control ..... ....... 58 ..
National Institutes of Health:
Cancer Research .. ...... .... ......... 143
Heart, Lung, and Blood Research ............ 88
Diabetes, Digestive and Kidney Diseases ........... 48
Neurological and Communicative Disorders and Stroke 51
Allergy and Infectious Diseases ........... 61
General Medical Sciences .................. .. 58 ..
Child Health and Human Development ............. 37
Other research institutes ..... ....... .. .. 78
Research resources ......................... 34
Other ....... .......... ... ...... ...... -47

Total-National Institutes of Health .............. 551 .. .

Alcohol, Drug Abuse, and Mental Health Administration 139 ...
Office of Assistant Secretary for Health .............. 29 ....

Total-Public Health Service ..................... 1.065 (

Health Care Financing Administration:
Grants to States for Medicaid ..................... 2,736 ...
Payments to health care trust funds ................. 3,837 ....
O other ............................ ........ 40 ...
Federal hospital insurance trust fund:
Benefit payments .................. .. .. 4,661 .
Administrative expenses and construction ........... 72 ....

Total-FHI trust fund .................. ....... 4,732 ....

Federal supplementary medical ins. trust fund:
Benefit payments ............ .................... 3,017 .
Administrative expenses and construction ........... 91 .. .


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 states for legalization ........
O the r ................ ... ... .......... .


3,108 .

14,453 .. .


") $35 $124


")
(*") 4
137 404
117 291
58 188

143 372
88 245
48 131
51 132
61 157
58 144
37 95
78 217
34 90
-47 20

S 551 1,603

139 359
29 50

* ) 1,065 3,022


2,736 8,185
3,837 8,563
. 40 85

4,661 12,875
72 247

4,732 13,122


3,017 8,496
91 282

3,108 8,778

14,453 38,733


$1 $123 $114


4 10
404 369
291 232
188 141

372 374
245 242
131 129
132 124
157 128
144 145
95 91
217 217
90 79
20 57

1,603 1,585

359 297
.. 50 45

1 3,022 2,794


8,185 7,083
8.563 7,775
85 21

12,875 12,381
247 144

13,122 12,525


8,496 8,208
282 283

8,778 8,491

( ) 38,734 35,895


$1 $113


10
369
232
141

374
242
129
124
128
145
91
217
79
57

.. 1,585

297
..45

1 2,793


7,083
7,775
21

12,381
144

12,525


.. 8,208
..... 283

8,491

35,895


67 ...... 67 1,015 1,015 920 ... 920
74 ...... 74 223 223 309 ...... 309
1,917 ..... 1,917 3,061 .. 3,061 3,620 3,620

2,058 ...... 2,058 4.300 4,300 4,849 ..... 4,849

5 ...... 5 19 .... 19 15 ...... 15
782 .... 782 2,713 2,713 2,518 ... 2,518
237 ...... 237 379 ...... 379 308 .... 308
29 ...... 29 91 91 89 ..... 89
40 ... 40 91 91 73 73
29 ...... 29 44 44 (**) .... (*)
17 ..... 17 22 ..... 22 27 ...... 27


Total-Family Support Administration ............. 1,139 ...... 1,139 3,359

Human Development Services:
Social services ........... ..... .............. 309 ...... 309 695
Human development services .......... ......... 229 ...... 229 561
Payments to states for foster care and adoption assistance 95 ...... 95 244

Total-Human Development Services .............. 633 ...... 633 1,499

Departmental management ............ 23 ...... 23 26
Proprietary receipts from the public ......... ...... $800 -800 .. ...
Intrabudgetary transactions:
Payments for health insurance for the aged:
Federal supplementary medical insurance trust fund .. -3,837 ...... -3,837 -8,552
Payments for tax and other credits:
Federal hospital insurance trust fund.... ...... ...... ...... ......11

Total-Department of Health and Human Services,
Except Social Security ........................ 15,535 800 14,735 42,377

Table continued on next page.


3,359 3,030 ...... 3,030


695 491
561 499
244 287
1 4Aa 1 277


491
499
287
I 077


.... 26 47 47
2,388 -2,388 ..... 2,382 -2,382

-8,552 -7,770 ...... -7,770

11 -5 ..... -5

2,388 39,989 40,117 2,383 37,734


'''''~


-


--






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

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
ClassificationGross Applicable Gross Applicable Ou Gross Applicable
Outlays Receipts O s Outlays Receipts Outas Outlays Receipts Outlays


Department of Health and Human Services,
Social Security:
Federal old-age and survivors insurance trust fund:
Benefit payments ..... ...... ...... $16,379 ..
Administrative expenses and construction .......... 104
Payment to railroad retirement account ............
Interest on normalized tax transfers .......... 448 ...

Total-FOASI trust fund .. ....... 16,931

Federal disability insurance trust fund:
Benefit payments ... ...... ... ....... .. 1,791 ..
Administrative expenses and construction .......... 58 ..
Payment to railroad retirement account.......
Interest on normalized tax transfers ....... ......... 43 ..

Total-FDI trust fund ....... ..... ....... 1,892 .

Proprietary receipts from the public .................. .... (")
Intrabudgetary transactions3 ........ ..... -67 .. ..

Total-Department of Health and Human Services,
Social Security ................... ..... .. 18,756 ( ")

Department of Housing and Urban Development:
Housing Programs:
Public enterprise funds:
Federal Housing Administration fund........ 834 $530
Housing for the elderly or handicapped fund .. 327 345
Other ............. ............... .. 2 5
Rent supplement payments .......... .. ..... 4 ..
Homeownership assistance ..................... 12 (")
Rental housing assistance ........ ........... 82
Rental housing development grants .............. 10
Low-rent public housing ........ ...... ...... .. 229
Public housing grants .......................... 63
College housing grants .............. ........ 2
Lower income housing assistance ............ 797 ..
Supportive housing demonstration program .......... 2
O their ...................................... .... 1 ...

Total-Housing Programs ....................... 2,366 879


$16,379 $49,113
104 422

448 448

16,931 49,983


$49,113 $62,101
422 374

448 387

49,983 62,862


1,791 5,382 .... 5,382 6,743
58 203 ..... 203 269

43 43 ...... 43 37

1,892 5,628 ..5,628 7,050


$62,101
374

387

62,862


6,743
269

37

7,050


("*) .... ( ) (**) .. (" ) (" )
-67 -1,015 .... -1,015 -920 .... -920


18,756 54,595 ( ) 54,595 68,991 (") 68,991


304 1,849 $1,544 305
-18 673 431 242
-3 24 22 2
4 12 ...... 12
12 24 (") 24
82 151 151
10 24 24
229 277 ...... 277
63 143 .... 143
2 6 6
797 2,393 .. 2,393
2 6 6
1 4 ...... 4

1,486 5,586 1,997 3,589


1,771 $1,272 500
365 133 232
12 15 -3
12 ... .. 12
37 .... 37
180 ...... 180
21 ...... 21
371 ...... 371
10 ...... 10
6 ... 6
2,239 ...... 2,239

4 ... 4

5,030 1,420 3,610


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 ...............
O other ...... ....... ..... ......... ...

Total-Community Planning and Development .....

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


Total-Department of Housing and Urban Development


133 133 362 362 352 ... 352
116 -36 151 555 16 540 505 52 453

249 -36 285 918 16 902 858 52 806


(") 48 -47 2 74 -72 26 44 -17
35 15 20 131 158 -28 160 249 -90
(**) ... (" ) (* *) ...... (" ) 18 .. .. -18

36 63 -27 133 233 -100 168 293 -125


17 10 7 31 30 1 25 35 -10
294 ..... 294 814 .... 814 827 827
15 15 56 56 59 .... 59
15 ...... 15 39 .. 39 24 ..... 24
4 4 15 15 7 ..... 7

345 10 335 955 30 925 942 35 907

-25 .. -25 97 97 83 ... 83
1 1 3 3 2 ...... 2

2,971 917 2,054 7,691 2,274 5,417 7,083 1,800 5,283


Table continued on next page.






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

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross Applicable Gross Applicable Out Gross Applicable ays
Outlays Receipts Oly Outlays Receipts Outlays Receipts


Department of the Interior:
Land and minerals management:
Bureau of Land Management:
Management of lands and resources ...........
Payments in lieu of taxes ....... ..........
O their ............... .. .. .....
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 .. .......... ... .

Total-Water and science ................ .

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

Total-Fish and wildlife and parks ...............

Bureau of Indian Affairs:
Operation of Indian programs ... ...... .. .
C construction ...................... ....... ...
Indian tribal funds ............. ..............
O their ....... .......... .... .

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 .................. .
Other ......... ............ .... ... .... .. ...

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 .......
State unemployment insurance and employment service
operation ........ ... ....... .....
Advances to the unemployment trust fund and other
funds ....... ....... ............... .
O their ........ ......... ..... ...... .......


$50
(" ) ......
18
47 ...
28 .....

142 ..


$50 $155
(**) (*")
18 144
47 170
28 90

142 559


41 $2 40 195 $13 182 224 $28 196
5 ...... 5 18 ...... 18 38 .. 38
2 ..... 2 25 ...... 25 46 ... 46
28 ...... 28 116 ... 116 118 ... 118
18 2 16 44 6 38 41 6 35

94 4 90 398 19 379 467 34 433


96 .. 96 201 ...... 201 156 ... 156
122 122 303 ...... 303 269 .... 269

218 .... 218 504 ...... 504 425 ...... 425


118 ...... 118 287 .. ... 287 225 .. ... 225
7 .. 7 21 ...... 21 23 ..... 23
34 ..... 34 83 ...... 83 94 ...... 94
8 1 7 29 2 28 17 3 14

167 1 166 421 2 419 358 3 355

33 .. 33 149 .. 149 132 ...... 132
-23 .... -23 20 .... 20 48 ...... 48



...... 167 -167 ...... 458 -458 ...... 421 -421
-1 ...... -1 -3 .... -3 (" ) ...... (" )

629 172 457 2,047 479 1,569 1,895 458 1,437


130 ...... 130 325 ...... 325 302 ... 302
153 ... 153 409 ...... 409 312 ..... 312
31 ...... 31 119 119 96 .... 96
73 .... 73 274 ...... 274 225 .. 225
82 4 78 278 12 266 247 11 236
38 ... 38 102 ...... 102 64 (") 64
5 ...... 5 52 ...... 52 33 .. 33

512 4 507 1,560 12 1,547 1,278 11 1,267



270 ...... 270 777 ...... 777 826 ...... 826
27 ...... 27 85 .... 85 80 .... 80
8 ...... 8 37 ... .. 37 27 ..... 27

-48 ..... -48 -18 ...... -18 -21 ... -21

.. .. 1 ...... 1 .... .....
4 ...... 4 18 ...... 18 19 ... 19


Table continued on next page.





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

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


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.................
Other ........................ .. ..

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
fund ....................... .. ...... ..... .
Foreign Service retirement and disability fund .........
Other ........................ ........ ...

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 ..........


$1,072
263
1
15

6
2

1,361

1 6c2i


. .... .. $1,072
...... 263
...... 15

6
2

...... 1,361

1 4C0


$2,779
665
1
39

17
7

3,508

A A4l


$2,779
665
1
39

17
7

3,508

A Ana


$2,933
593
-3
28

29
5

3,585

A 455


$2,933
593
-3
28

29
5

3,585

SC1c


4 ...... 4 16 ...... 16 20 ...... 20
85 $28 57 204 $66 138 91 $109 -18

12 ...... 12 55 ...... 55 52 ...... 52
-151 ...... -151 -702 ...... -702 -344 .... -344
51 ...... 51 154 ...... 154 158 ...... 158
7 ...... 7 19 ... .. 19 16 ...... 16
17 ...... 17 56 ...... 56 52 ..... 52
9 ...... 9 44 ...... 44 44 ... 44
11 ...... 11 46 ...... 46 44 ...... 44
13 13 35 ... .. 35 40 .... 40
S ( ) ( ) ...... 2 -2 ...... 1 1
-3 ...... -3 -44 ...... -44 -69 ...... -69

1,678 29 1,649 4,290 69 4,221 4,620 110 4,510



216 ...... 216 415 ...... 415 466 ... 466
33 ...... 33 63 ...... 63 98 ...... 98

...... .. 108 ...... 108 27 27
24 ...... 24 77 ...... 77 54 ...... 54
7 ..... 7 12 ...... 12 8 8

280 ...... 280 675 ...... 675 652 ...... 652

1-24 ...... -24 404 ...... 404 285 ...... 285
45 ... 45 105 .... 105 113 113
7 ... .. 7 18 ... 18 25 ...... 25
4 ...... 4 28 ...... 28 13 ... 13
. ... (" ) (" ) ...... 1 -1 ...... 1 1
35 ...... 35 -148 ...... -148 -27 .. -27

348 (*) 348 1,081 1 1,081 1,062 1 1,060




1,073 ...... 1,073 3,703 ...... 3,703 3,654 ...... 3,654
10 ...... 10 23 ...... 23 17 ...... 17
9 ...... 9 27 ...... 27 25 ...... 25

1,093 ... .. 1,093 3,753 ...... 3,753 3,696 ..... 3,696

17 ...... 17 49 .... 49 51 ...... 51


Table continued on next page.


' '


I






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


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

Gross Applicable Gross Appl e Gross Applicable Outl Grs
Outlays Receipts Out Outlays Receipts O Outays Receipts Ou


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

Total-Federal Railroad Administration ......

Urban Mass Transportation Administration:
Formula grants ............... ..........
Discretionary grants .............
O other ......... ..... ...... ....... .
Federal Aviation Administration:
Operations .... ............ ..... ... ..
Other ..... .... ..... .........
Airport and airway trust fund:
Grants-in-aid for airports ... ....... .
Facilities and equipment ...... ..
Research, engineering and development
O operations ........... ........ .

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

Total-Federal Aviation Administration ......

Coast Guard:
Operating expenses .. ..... .. .. .
Acquisition, construction, and improvements .........
Retired pay ............ ..... .........
Other ................ .............. ---- .

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

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

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

Department of the Treasury:
Departmental Offices:
Exchange stabilization fund ....... ...........
O their ...................... ..... .

Financial Management Service:
Salaries and expenses ..... .. ............
Claims, Judgements, and Relief Acts ...............
Energy Security Reserve .... .. ... ..
O their ....... .... ....

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 Mint ............ .... .
Bureau of the Public Debt ........ .....


$11

11


$164
$13 38

13 202


$164 $119
$5 34 -44

5 197 75


159 159 480 480 379 379
76 76 198 ... 198 189 189
36 36 135 ... 135 168 ..... 168

131 131 764 .... 764 805 805
2 1 1 9 1 8 9 9

135 135 286 ...... 286 249 249
68 68 198 ... 198 238 238
13 13 41 41 34 34
118 118 118 118 ( ) (*)

333 333 643 ..643 521 521

466 1 465 1,416 1 1,415 1,334 1,334


201 201 519 .... 519 512 .512
26 26 81 ... 81 86 86
29 .. 29 92 ... 92 82 82
30 (") 29 57 2 55 42 1 40

286 (") 286 749 2 747 721 1 720


19 41 -22 82 132 -50 81 115 -33
19 19 45 45 67 .. 67
12 ... 12 22 .. ... 22 22 22
-13 1 -15 47 4 44 42 4 38
. .. (" ) ( ) ...... 2 -2 .. 10 -10
( ) (" ) -6 ...... -6 -4 ...... -4

2,181 43 2,138 7,172 146 7,026 6,822 134 6,688



101 3 97 -445 10 -455 -1,077 .. -1,077
19 .... 19 34 ... 34 19 19


21 21 58 58 55 .. 55
49 .... 49 175 ...... 175 42 .. 42
17 17 35 ... 35 14 14
2 ..... 2 32 .. 32 11 11

89 89 301 ... 301 121 121

1,232 730 502 2,882 2,579 303 3,511 3,129 382

16 .. 16 61 ... 61 56 56
34 34 111 111 33 33
71 71 356 .... 356 346 346
-7 .. .. -7 -11 .. ... -11 -19 .. -19
17 17 48 ..... 48 48 48
13 ... 13 49 .. 49 38 38


Table continued on next page.


Classification





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

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross Applicable Gross Applicable OGross Applicable O
Outlays Receipts Outlays Outlays Receipts ay Outays Receipts Out


Department of the Treasury:-Continued
Internal Revenue Service:
Salaries and expenses ......... ....
Processing tax returns ... ... ........
Examinations and appeals .........................
Investigation, collection and taxpayer service ..........
Payment where earned income credit exceeds liability for tax
Refunding internal revenue collections, interest ........
Other ... .... ....... ... ... .... .

Total-internal Revenue Service ..................

United States Secret Service .. ....
Comptroller of the Currency ..... ......... .. ...
Interest on the public debt:
Public issues (accrual basis) ........ .. ..
Special issues (cash basis) .. .. .. ....

Total-Interest on the public debt ..............

O their ..... ....... ........ .. ...
Proprietary receipts from the public ......
Receipts from off-budget Federal entities ............
Intrabudgetary transactions ....... ...... ..... .. ..

Total-Department of the Treasury ................

Environmental Protection Agency:
Salaries and expenses .. . ..
Research and development ....... ............ .. .
Abatement, control, and compliance .... .......... .
Construction grants. ............... ........ ...
Hazardous substance superfund ... ......... .
Other .................. ...... ...... ... ...
Proprietary receipts from the public ........ ......
Intrabudgetary transactions ................. ......

Total-Environmental Protection Agency ...........

General Services Administration:
Real property activities .......... ........... .......
Personal property activities ........ ................ .
Information Resources Management Service ...........
Federal property resources activities ........ .........
General activities ........ ...... .. ...
Proprietary receipts from the public ................ ..
O other ................... .. .. .....

Total-General Services Administration ............

National Aeronautics and Space Administration:
Research and development ... ......... .
Space flight, control, and data communications .........
Construction of facilities ..................... .
Research and program management ................
Other ............ ...... ......... ...
Total-National Aeronautics and Space
Administration ............................ .

Office of Personnel Management:
Government payment for annuitants, employees
health benefits ...... ............. .
Payment to civil service retirement and disability fund ..
Civil service retirement and disability fund .........
Employees health benefits fund ................... ....
Employees life insurance fund ............... .....
Retired employees health benefits fund ... ..........
Other .................. .. .. .. ...............
Intrabudgetary transactions:
Civil service retirement and disability fund:
General fund contributions ..... ..
O other ............... .. ......

Total-Office of Personnel Management............


$6 ..... $6 $23 .. $23 $24 ...... $24
113 ...... 113 465 ...... 465 351 .... 351
109 ..... 109 466 ...... 466 460 .... 460
114 ...... 114 392 ...... 392 334 .... 334
48 ..... 8 26 ..... 26 13 ..... 13
158 .. .. 158 477 .... 477 344 ..... 344
(") (") (") 1 $1 ("*) 3 $1 1

509 (") 508 1,850 1 1,850 1,530 1 1,529

26 .. 26 97 ...... 97 92 92
19 $2 18 57 5 53 55 3 53

15,070 ...... 15,070 44,271 ..... 44,271 41,586 ..... 41,586
19,907 ...... 19,907 23,998 ..... 23,998 19,506 .... 19,506

34,977 ...... 34,977 68,269 .... 68,269 61,093 ...... 61,093

4 .... 4 10 .... 10 7 ...... 7
384 -384 ..... 890 -890 ...... 694 -694
-491 ..... -491 -491 ...... -491 -424 ...... -424
-866 .... -866 -4,270 .. .. -4.270 -4,811 ...... -4,811

35,762 1,119 34,643 68,909 3,485 65,424 60,620 3,827 56,793


67 ... 67 209 ... 209 195 ... 195
15 ..... 15 48 48 50 ...... 50
45 ..... 45 132 ...... 132 129 ...... 129
230 ..... 230 578 578 662 .. 662
79 ... 79 230 230 174 174
3 ('*) 3 159 (*) 159 -111 (") -111
5 -5 ..... 11 -11 ...... 3 -3
.. .. .. .. -150 150 114 ..... 114

439 5 434 1,206 11 1,195 1,214 3 1,210


224 ... 224 -53 1 -54 54 .... 54
-18 ... -18 -69 69 15 ...... 15
33 33 -2 -2 -24 ..... -24
1 .1 3 3 7 .... 7
12 12 42 42 36 ...... 36
...... 1 -1 ...... 30 -30 ... 51 -51
3 -3 .... 1 -1 .... -5 5

252 4 248 -79 32 -111 88 46 42


330 ... 330 959 959 851 851
392 ...... 392 1,402 .. 1,402 1,278 ..... 1,278
13 ... 13 59 59 34 ...... 34
149 ... 149 471 471 387 .... 387
.... .... 15 ...... 15 ... .........

884 ..... 884 2,876 ...... 2,876 2,551 ...... 2,551



192 192 417 ..... 417 432 432
(* ) ...... (" ) (* ) ...... (" ) .
2,307 ...... 2,307 6,926 ...... 6,926 6,646 ...... 6,646
814 817 -3 2,361 2,223 138 1,940 1,943 -3
80 92 -12 260 485 -225 254 425 -171
1 1 (*) 3 3 (*) 3 2 (*)
13 .... 13 43 ..... 43 22 ..... 22


( *) ...... *) ( ) ...... (" ) ... ....
-3 ...... -3 -8 -8 -8 ...... -8

3,404 910 2,494 10,001 2,711 7,291 9,289 2,371 6,918


Table continued on next page.






Table 5. Outlays of the U.S. Government, December 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 las Gross Applicable Outlays
Outlays Receipts OI y Outlays Receipts Ouas Outlays Receipts Oua


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

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

Veterans Administration:
Public enterprise funds:
Loan guaranty revolving fund .................. .
Direct loan revolving fund .. .. .
Other .. ..... ......... .
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 .. ..... .... ......
Other ................. .... .. .. ...... ......
Proprietary receipts from the public:
National service life ............. ... ....... .
United States government life ........ .. .. ...
Other ........................................
Intrabudgetary transactions ........ ... ...... .....

Total-Veterans Administration ...................

Independent agencies:
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 Trade Commission .................. .. .
Intragovernmental agencies:
Appalachian Regional Commission ..................
Washington Metropolitan Area Transit Authority........
Other ......... ............ ...........
Interstate Commerce Commission .............. ....
Legal Services Corporation ................. .
National Archives and Records Administration .........
National Credit Union Administration:
Central liquidity facility .. ............ ........ .
Credit union share insurance fund ............. .....
Other ......... ....... .. ............. ......


$69 $79
7 62
1 1
24 ......

100 143


199 102
1 3
42 64
2,428 ..
95 ..
758 .
18 ..
65 ......
59 ..
43 ......

91 ..
3 .
8 61
27 .. .

.. 28
(**)
...... 44
44
-5

3,833 302


- $11 $283 $211
-55 130 164
(") 5 6
24 82 ......

-43 501 381


97 667 320
-1 4 8
-22 139 133
2,428 4,330 .
95 207 ......
758 2,689 ..
18 58 ......
65 210 ......
59 171 ......
43 97 ......

91 261 .... .
3 8 ......
-53 20 69
27 27 .....

-28 ...... 94
("* ) (**)
-44 ..... 122
-5 -51 .. ...

3,531 8,838 748


14 ..... 14 35 .....
14 ...... 14 55 .. ...
. 228 ......

. ..... .. .. 5 13 .....
.... ... .. 34
15 ...... 15 49 .. ...
398 203 195 554 512
7 12 -5 26 35
353 589 -236 3,661 3,048

5 26 -22 16 113
6 ...... 6 22 .
14 ...... 14 39 ......
23 ...... 23 64 .. ...
29 ...... 29 33 ....


5 8
59,796 2,314
6 ......

10 (**")

('3) ......
10 ......

10 .

27 20
87 1
-3 (*)


-3 16 18
7,482 611,596 3,480
6 16 ......

10 30 1
26 26 ..
(**) 1 .. .
3 12 .
28 .....
10 33 ..

7 77 82
86 94 3
-3 -1 (*)


$72 $322 $225
-33 166 187
-1 11 4
82 79

120 577 416


346 680 381 299
-4 5 11 -5
5 111 139 -28
4,330 4,738 ..... 4,738
207 224 ..224
2,689 2,617 ...... 2,617
58 56 .. 56
210 222 ...... 222
171 137 ..... 137
97 97 ...... 97

261 247 ...... 247
8 9 .. 9
-49 17 65 -49
27 28 ...... 28

-94 ...... 99 -99
(") ... (") (**)
-122 ...... 111 -111
-51 -79 .... -79

8,090 9,109 806 8,303


35 37 ... 37
55 37 ...... 37
228 214 ...... 214

513 230 ..... 230
-34 ...... 30 -30
49 46 ..... 46
42 553 1,139 -587
-9 27 5 22
614 3,337 2,200 1,136

-97 39 79 -39
22 35 ...... 35
39 39 ..... 39
64 71 ... 71
33 1 ...... 1


-2 14 13 1
8,116 2,213 2,748 -535
16 17 ...... 17

30 39 ("*) 39
26 26 ...... 26
1 1 (") 1
12 11 ...... 11
28 30 .... 30
33 22 ...... 22

-4 104 98 7
91 87 11 76
-1 -3 (") -3


Table continued on next page.





Table 5. Outlays of the U.S. Government, December 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 Outlays Outlays Receipts Outlays
Outay


Independent agencles:-Contlnued
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
FDI trust fund .................................
Disbursements for the payment of FOASI benefits ....
Disbursements for the payment of FDI benefits ......
Administrative expenses .. ...... .......
Interest on refunds of taxes .................. ..
Other ................. ............. ......
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 ..........

S ubtotal ............. .............. ... ......


$10
9
(")
9
132
24
37

72,474


$37

3,133


29




330
204

-68

-3
68
3
4
(")
(")


567

9
32
438
84
40

14,710


318
(")
4

6,663


$10
9
(")
9
132
24
(**)

-659


29




330
204

-68

-3
68
3
4
(")
(..)


$37
30
5
36
386
94
139

7,605
109


$37
29
5
36
349
96
115

8,263
129


$110

8,385


87


87
73

(")

989
613

-204

-10
204
10
11
(")
1


. ..... 10
... .. -63

567 1,701

9 35
32 72
120 1,393
84 223
36 291

8,047 29,381


1,487
(")
21

17,329


.... 87
73

(*'*)

. ... 989
. ... 613

.... 204

..... 10
204
. ... 10
11
(**)


-10
-63

1,701

35
72
-95
223
270

12,052


91
112

(")

962
577

-193

-10
195
10
15
2
(*")


-12 ...... -12
-100 ...... -100

1,649 ...... 1,649

31 ...... 31
62 ...... 62
1,588 1,249 339
195 (*) 195
156 10 146

19,971 15,669 4,302


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



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



-1,550 ...... -1,550 -4,497 ...... -4,497 -4,538 .... -4,538


-293 ...... -293 -875 ...... -875 -924 ...... -924

-28 ...... -28 -84 ...... -84 -87 .... -87
-141 .... .. -141 -421 ...... -421 -408 .... -408

-8 .... -8 -17 ...... -17 -15 ...... -15

-529 ...... -529 -1,707 ...... -1,707 -1,629 ..... -1,629

-2,548 ...... -2,548 -7,601 ...... -7,601 -7,601 ...... -7,601


Table continued on next page.


=r:


~


~


~


=r





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


This Month

Gross Applicable
Outlays Receipts


Outlays


Current Fiscal Year to Date Prior Fiscal Year to Date

Gross Applicable Gross Applicable out
Outlays Receipts Outays Outlays Receipts utays


Undistributed offsetting recelpts:-Contlnued
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 .......... .
National Aeronautics and Space Administration .
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:
Railroad Retirement Board:
Railroad retirement account .. ....
O their ......... .. ......

S ubto ta l .. ... ............. .............

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 (+) or Deficit ......................

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

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


$3

15
2,553

(")


4,487

-316
3,007
-373

1.485

-193

-460
-473

(")



-9,156

-7
-500


$3

-15
2,553

(")


-4,530

-335
-3,015
-393

-1,548

-194

-475
-540

-16
(**)
(")

-9,257

-8
-503


4,487 -4.530

-316 -335
3,007 -3,015
- 373 393

1,485 -1,548

-193 -194

-460 -475
-473 -540

(") -16
( *)
(")

9,156 -9,257

-7 -8
-500 -503


-45 -147
-3 -11


$2

-13
1,832

-16


2,823

-306
2,329
-360

1,100

-173

-424
-523

("*)
-1


8,381

-8
-481


- 2,823

-306
-2.329
-360

-1,100

-173

-424
-523

(**)
-1


-8,381

-8
-481


-194
-18


147 -194
-11 -18


-20,489 .... -20,489 -23,540 ...... -23,540 -18,984 ...... -18,984

-4 -4 -17 -17 2 ...... 2
-$12 12 $531 -531 ...... $772 -772


-23,041 -12 -23,029 -31,158 532 -31,689 -26,583 773 -27,355

121,756 16,393 105,363 334,558 45,113 289,444 327,858 40,796 287,062

108,124 16,393 91,732 285,785 45,113 240,672 263,007 40,796 222,210

13,632 ('") 13,632 48,772 (") 48,772 64,851 ( *) 64,851


-11,568

-17,050

+ 5,482


-67,595

-73,120

+5,525


-82,196

-67,942

-14,253


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

Total receipts offset against outlays .


MEMORANDUM

ceipts offset against outlays (In millions)

Current
Fiscal Year
to Date

................. $8,292
.491
.......... 54,990

..... ....... .... 63,773


Comparable Period
Prior Fiscal Year

$8.212
424
50,348

58,983


'Includes prior month adjustment.
2The outlays for Conservation Reserve Program have been increased and the outlays for Price Support and related programs have been correspondingly decreased by $777 million for October
1988 and $37 million for November 1988 to reflect an adjustment to prior month reporting
3lncludes FICA and SECA tax credits. non-contributary military service credits, special benefits for the aged. and credit for unnegotiated OASI benefit checks
'Represents estimated earned income credit payments in excess of tax liability
Slncludes $9.2 million of notes issued in lieu of cash payments
includes a net adjustment of $431 million for October 1988
7The Postal Service figure represents reporting for the full calendar month of December and is partially estimated This estimate includes $669 million for postal money orders between December
17th and 31st.
No transactions,
( *) Less than $500,000
Note: Details may not add to totals due to rounding
Source: Financial Management Service, Department of the Treasury


Classification






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

Net Transactions
Assets and Liabiies (-) denotes net reduction of either Account Balances
AssDirectly Reated to liability or asset accounts Current Fiscal Year

Budget and Off-budget Activity
Fiscal Year to Date Beginning of
This Month Close of
This Year Prior Year This Year This Month is month
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 ...................... .
D eposit funds .......... ............ ....... .... ..........
Miscellaneous liability accounts (includes checks outstanding etc.)......

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

Asset accounts (deduct)
Cash and monetary assets:
U.S. Treasury operating cash:1
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 (-)] ............


$26,089 $82,209 $81,593 $2,587.338 $2,643,458 $2,669.547
......... ....... -155 14,845 14,845 14,845

26,089 82,209 81,438 2,602,183 2,658,303 2,684,392

9,105 10,501 994 12.398 13,794 22,898

35,194 92,710 82,432 2,614,581 2,672,097 2,707,291



23,158 38,869 19,938 550,649 566,360 589,518

12,036 53,841 62,494 2,063,932 2,105,737 2,117,773

-426 -641 -1,133 -13,902 -14,118 -14,544

11.610 53.200 61,361 2,050,030 2,091,619 2,103,229

9,763 2,592 -1,345 34,067 26,895 36,658
-101 271 681 6.322 6,695 6,593
168 -147 -296 8,505 8,189 8,357
1,230 -541 4,710 10,368 8,597 9,828

22,671 55,374 65,112 2,109,292 2,141,995 2,164,666




3,458 -4,367 -3,807 13,024 5,198 8,657
8,810 -6,331 -10,260 31.375 16,234 25,044

12,268 -10,698 -14,067 44,398 21,432 33,700


-148 563 1,204 9,074 9,785 9,637
......... .. ..... -5,018 -5,018 -5,018

-148 563 1,204 4,056 4,767 4,619



... .. ... .... 19,699 19,699 19,699
-370 991 2,491 3,423 4,784 4,414
-196 -259 -601 -14,709 -14,772 -14,968
-1 2 4 -62 -59 -60
224 -588 -1,403 996 184 408

-343 146 491 9,347 9,836 9.493

-15 -36 -54 288 267 252
-1,990 -2,259 -1,302 10,314 10,045 8,056

9,772 -12,284 -13,727 68,403 46,347 56,119

1,388 235 -3,219 4,635 3,481 4,869

11,161 -12,049 -16,946 73,038 49,828 60,989

+11,510 +67,424 +82,057 +2,036,254 +2,092,167 +2,103,678


58 171 139 113 171

+11,568 +67,595 +82,196 +2,036,254 +2,092,280 +2,103,849


'Major sources of information used to determine Treasury's operating cash include the Daily Balance Wires from Federal Reserve Banks, reporting from the Bureau of Public Debt, electronic
transfers through the Treasury Financial Communications System and reconciling wires from Internal Revenue Service Centers. Operating cash is presented on a modified cash basis, deposits are
reflected, as received; and withdrawals are reflected as processed
.. No transactions.
Note, Details may not add to totals due to rounding.
Source: Financial Management Service. Department of the Treasury






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

Fiscal Year to Date
Classification This Month
This Year Prior Year


Excess of liabilities beginning of period:
Based on composition of unified budget in preceding period ....... $2,092,167 $2,036,254 $1,880,606
Adjustments during current fiscal year for changes in
composition of unified budget:
Classification of FDIC securities as budgetary transactions .............
Classification of FSLIC securities as budgetary transactions ..... ....... ....... 920
Reclassification of Federal Retirement Thrift Investment
Board to a non-budgetary status .. .. ... .... ... ........ ......... .737

Excess of liabilities beginning of period (current basis) ............ 2,092,167 2,036,254 1,882,263
Budget surplus (-) or deficit:
Based on composition of unified budget in prior fiscal year........ 11,568 67,595 82,196
Changes in composition of unified budget .......... ............ ..........

Total surplus (-) or deficit (Table 2) ........................... 11,568 67,595 82,196

Total-on-budget (Table 2) ................................... 17,050 73,120 67,942

Total-off-budget (Table 2) ................ ............. -5,482 -5,525 14,253

Transactions not applied to current year's surplus or deficit:
Seigniorage .................. ............ ........ -56 -162 -120
Increment on gold ............... ............ ........ ......... ..
Proceeds from currency .. .... ........... ......... ......... .........
Proceeds from sales of loan assets with recourse ............... ......... ......... .........
Profit on sale of gold ................. ......... ...... ....... ...... ...
Net gain (-)/loss for IMF loan valuation adjustment ............. -2 -9 -19

Total-transactions not applied to current year's
surplus or deficit ....... .... -58 -171 -139

Excess of liabilities close of period.......................... 2,103,678 2,103,678 1,964,320


Table 6. Schedule B-Securities issued by Federal Agencies Under Special Financing Authorities, December 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 Close of
This Month
This Year Prior Year This Year This Month This month


Agency securities, Issued under special financing authorities:
Obligations of the United States, issued by:
Export-import Bank of the United States ................... .. ..... ... ........ ........ (") (") ( )
Federal Deposit Insurance Corporation ............... ....... (") $997 -$145 $882 $1,879 $1,879
Federal Home Loan Bank Board:
Federal Savings and Loan Insurance Corporation ............... '$9,093 29,476 1,485 9,733 10,116 19,210
Obligations guaranteed by the United States, issued by:
Department of Defense:
Family housing mortgages ....... .. ....... (") -3 -2 11 8 8
Department of Housing and Urban Development:
Federal Housing Administration .......... .... 11 31 5 120 139 150
Department of the Interior:
Bureau of Land Management ................... ........ .... ....... ......... 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 ................ ......... (*) -1 1 9 8 8
Department of Housing and Urban Development:
Government National Mortgage Association .............. .......... -350 ....
Independent agencies:
Postal Service .................. ... ................ ....... .. ........ 250 250 250
Tennessee Valley Authority ............... ..... ......... ........... ......... 1,380 1,380 1,380

Total agency securities ..................... ............ 9,105 10,501 994 12,398 13,794 22,898

'Includes $9.2 million of notes issued in lieu of cash payments.
2lncludes a net adjustment of $431 million for October 1988.
....No transactions.
(")Less than $500,000.
Note: Details may not add to totals due to rounding.
Source: Financial Management Service, Department of the Treasury.






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


Borrowing from the Treasury:
Housing and Other Credit Guarantee Program, AID ...........
Defense Security Account ...... .............
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 ..........


$2,046


$293
4,027


-13,300
471 3,300


....$45

$6,787 11,759


1
-6.538


113
131,300


75 75 225 2,056
38 -38 60 1,937


3,100
2,105
1.270


50
25
7,865
759

6,276
10,837
3,576
113

1.105


1,792

6,226
850


-60

250
50 50


..... .. 252
.. 2,128
222 617 590 2,255

-5 11
515
89 .. 6


$45
293
5,686



112
128,471

2,056
1,937

50
25
7,908
759

3,111
8,732
2,206
113

1,082


1,732

6,476
850


252
2,128
2,650

11
515
95


$45
293
7,732



112
128,000

2,131
1,899

50
25
7,908
759

3,176
8,732
2,306
113


1,732

6,476
900


252
2,128
2,872


20 20
150 150


1,730


2,049 -12,596 -15,276 193,843 179,198


181,247






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


Transactions


Classification


This Month


Fiscal Year to Date


This Year Prior Year


Account Balances
Current Fiscal Yea

Beginning of

This Year This Month


Borrowing from the Federal Financing Bank:
Funds Appropriated to the President:
Foreign m military sales ..... .... ..... .........
Overseas Private Investment Corporation ...............
Department of Agriculture:
Rural Electrification Administration ................
Farmers Home Administration:
Agriculture Credit Insurance Fund ..........................
Rural Development Insurance Fund ............................
Rural housing Insurance Fund .................. .......
Department of the Navy .. ...................
Department of Education:
Student Loan Marketing Association ................ ..
Department of Energy .. ........
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 ..........


$964 $3,598


$810 $16,088 $13.453


27 -176 23,345 23.292


-175 27,625
2,180 4,900
2,980 25,971
1,759


(**) (**)


27,625
4,900
25.971
1.759

4,910
50


$12,489


23,317

27,625
4.900
25,971
1,759

4,910
50


182 182

39 2,037 1.995
-1 318 315


(**) ( ) (") 59 59

(') -3 -2 46 44


-4 -4 387 387

96 141 899 995


-18 1,521

-492 10,958
7 118
1,500 5,592
396 19,293
177


471 -3,377


10,958
107
5,592
19,071
177


4,833 146,234 143,328


ir


Close of
This month


.. No transactions.
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 lieu of agencies borrowing
directly through Treasury or issuing their own securities.
Note: Details may not add to totals due to rounding.
Source Financial Management Service, Department of the Treasury.


11,027
114
5.892
19,169
177

142,857


This Month






Table 6. Schedule D-Investments of Federal Government Accounts in Federal Securities, December 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 ......................
Other ...........................
Department of the Interior:
Public Debt Securities .... ... ............. .
Agency Securities ... .........

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

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

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

The Judiciary:
Judicial survivors annuity fund ............

Department of Agriculture ..... .

Department of Commerce ...... .... ....
Department of Defense-Military ... ............. ..
Department of Defense-Civil:
Military Retirement Fund ... .............
O th e r . . . ... .
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.


S......... $9 $9 $9
(") (") $2 19 19 20
(") $116 74 1.763 1,879 1,879
.. -2


$2



4


31
4






-183

-17


-57

-9

50

20


-126

-28

1,580

1,109
-83
-56
2,237
4

2,241


-32 -83 6,205
-29


6,171


6,173


28 24


61 89
12 3

-302
-12


-183

-29


-142

-3

868

16


32

-28

1,338

1,263
-90
-46
3,168
12

3,180


(* )
(")
8


3

(**) -6

("') (**)
S (")

-80 11,078
-3 54


5,924

-433

3,762

2,793
(")


.... 193

-330 1.029
2

20 763

9 189

1,618 1,433

17 635


274

50

2,055

801
-56
24
4,283
-38

4,245


(**)
1



2

3


-2

9,131
55


4,048

1,061

3.271
-75
2,242
1


88

403

1,640

3,949
1,802
1,653
23,420
80

23,499


3
1



128

8


9

41,310
897


97,137

7,345

66,078

6,326
6


192

1,017
2

679

195

2,251

631


245

403

1,398

4,103
1,795
1,663
24,351
88

24,439


131

2


8

52,468
953


97,745

6,789

66.656

7,163
6


120

375

2,978

5,212
1,712
1,606
26,588
91

26,679


131

2

("*)
8

52,388
950


103,061

6,913

69,840

9,120
6


I


I






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


Trust funds:-Contlnued
Department of the Interior:
Public debt securities ............... ...... ...... ..
Agency securities ...................................... ...

Department of Labor:
Unemployment trust fund .. .... ... ...............
O other ............ .... .... .. ..... ... ..........
Department of State:
Foreign service retirement and disability fund ..................
Other ............... ... .... ........ .......... .......

Department of Transportation:
Airport and airway trust fund ............. ................ .
Highway trust fund .......... .......... ..............
Other ................. ...... ........ ........... ... ....

Department of the Treasury ...................... ...............
Environmental Protection Agency .. . .....................
National Aeronautics and Space Administration ........ ....... .
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 .. ........ ... .......
Federal Emergency Management Agency .......................
Harry S. Truman Memorial Scholarship Trust Fund ...............
Japan-United States Friendship Commission ................. ..
Railroad Retirement Board ... ............ ........... ...... .
Other ................ ............... ....................

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

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

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

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


-$19 -$11 $20 $181 $188
5 92 .... 122 208


433
-11

172



616
662
-17

8
87



7,866

3
12


3

425

52


236

(")

-114
(**)

20,912
5

20,917

23,158


4,335
-18

235



731
791
-10

-13
230
16


5,211

-130
226


-2

322

48
2

431

2
-1
9
12

35,597
92

35,689

38,869


484
-14

165
("*)


684
665
6

-55
102



4,753
-75
8
196
(* )

-4

320

47
("*)

-1,264
-1
1

132
2

15,843
-150

15,693

19,938


36,197
32

3,924



11,132
13,448
429

204
1,468



195,048

1,564
8,845
1

201

10,440

1,168
22

15,565

46
18
7,783
63

527,028
122

527,150

550,649


40,100
25

3,988



11,247
13,577
436

183
1,611
16


192,392

1,431
9,059
1

196

10,337

1,165
24

15,760

48
17
7,906
74

541,713
208

541,921

566,360


213


40.533
14

4,159



11,863
14,239
419

191
1,698
16


200,259

1,434
9,071
1

199

10,762

1,217
24

15,995

48
17
7,793
75

562,625
213

562,838

589,518





Table 7. Receipts and Outlays of the U.S. Government by Month, Fiscal Year 1989 (in millions)


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


Receipts
Individual income taxes ...........
Corporation income taxes .........
Social insurance taxes and
contributions:
Employment taxes and
contributions ............... .
Unemployment insurance........
Other retirement contributions ....
Excise taxes ....................
Estate and gift taxes .............
Customs duties ..................
Miscellaneous receipts ............

Total-budget receipts this year ..

(On-budget) ..................

(Off-budget) ..................

Total-budget receipts prior year ....

(On-budget) .................

(Off-budget) ...................

Outlays
Legislative Branch ...............
The Judiciary ...................
Executive Office of the President ...
Funds Appropriated to the President:
International security assistance ..
International development assistance
Other .......................
Department of Agriculture:
Foreign assistance, special export
programs and Commodity Credit
Corporation ..................
Other .......................
Department of Commerce .........
Department of Defense:
Military:
Department of the Army .......
Department of the Navy .......
Department of the Air Force....
Defense agencies ............

Total Military ...........

C ivil .........................
Department of Education..........
Department of Energy ............
Department of Health and Human
Services, except Social Security:
Public Health Service..........
Health Care Financing
Administration:
Grants to States for Medicaid ..
Federal hospital ins. trust fund
Federal supp. med. ins. trust
fund ................... ...
Other ........ ............
Social Security Administration ....
Family Support Administration....
Human Development Service ....
Other ........................
Department of Health and Human
Services, Social Security:
Federal old-age and survivors ins.
trust fund ..................
Federal disability ins. trust
fund ................... ...
Other


$31,287 $29,822 $39,673
1,794 1,442 22,160


22,400
1,101
347
3,134
662
1,381
1,540


22,051
2,641
382
3,247
753
1,403
2,666


24,100
189
409
3,155
673
1,391
2,046


$100,781 $94,005
25,396 21,271


68,551
3,932
1,138
9.536
2,088
4,175
6,253


64,251
3,792
1,252
9,230
1,765
3,960
5,340


63,646 64,408 93,795 _221,850 .....

45,847 47,023 74,682 167,552 .....

17,799 17.385 19.114 54,297 .....

62.!d 5.6. 98' <.52!. 204.866

4. 992 4U.r,1 .6-AJ 154,268

16.36. 16.3 i. 1 ~- h ) 50.598


157 118 226 501 463
100 92 125 317 258
13 12 8 33 32

1.406 -1,741 -1 193 -1,529 2,102
683 111 101 894 675
-303 34 108 -161 -1,021



1,890 2,577 2,301 6,769 9,941
3.879 2.741 2.615 9.235 6,704
209 227 312 748 576


6.627 6.378 7 990 20994 20.770
8,978 7,984 9062 26,024 24,973
7,910 7.831 9 225 24.966 24.246
1,675 1 713 1 924 5.315 4.308

25,189 23.905 28 201 77.299 74.296


1,917
1,668
1,482


1.930
1,956
990


1 941
1,719
1,045


955 1,002 1,065


2,691
3,729

2,633
2,372
1,118
1,003
282
-3,126



16,512

1,866
-897


2,759
4,661

3,037
2,400
1,125
1,216
584
-3,185



16,539

1,870
51


2,736
4,732

3,108
3,877
2,058
1,139
633
-4,613



16,931

1,892
-67


5.441
4,866
2,832


3,022 2,793


8,185
13,122

8,778
8,648
4,300
3,359
1,499
-10,924


49,983

5,628
- 1.015


7,083
12,525

8,491
7,796
4,849
3,030
1,277
-10,110



62,862

7,050
-920


Table continued on next page.


-~--- '






Table 7. Receipts and Outlays of the U.S. Government by Month, Fiscal Year 1989 (in millions)-Continued
I- -- I


Classification


Jan. Feb. March April May June July Aug. Sept.


4 4 4 t t t ~ i* *i- i-


Outlays-Continued
Department of Housing and Urban
Development ........... ..
Department of the Interior .........
Department of Justice .........
Department of Labor:
Unemployment trust fund... .
Other ........ ...........
Department of State .........
Department of Transportation:
Highway trust fund ... ..
Other .... ....... ... .....
Department of the Treasury:
Interest on the public debt...
Other ... ...... .
Environmental Protection Agency
General Services Administration ....
National Aeronautics and Space
Administration ........... .
Office of Personnel Management
Small Business Administration ..
Veterans Administration:
Compensation and pensions .....
National service life ....
Government service life ........
O their .....................
Independent agencies:
Federal Deposit Insurance Corp. .
Federal Savings and Loan
Insurance Corp. Fund....... .
Postal Service ........
Tennessee Valley Authority ......
Other independent agencies .....
Undistributed offsetting receipts:
Employer share, employee
retirement .............. ....
Interest received by trust funds .
Rents and royalties on Outer
Continental Shelf lands .......
Other .......................

Totals this year:
Total outlays .................

(On-budget) ................

(Off-budget)................

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

(On-budget) ..............

(Off-budget)..................

Totals-outlays prior year ...........

(On-budget) ...................

(Off-budget) .................

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

(On-budget) ..... ...........

(Off-budget) ................ .


$1,706
629
511

1,043
-208
393

1,406
994

15,157
-1,319
350
-454

998
2,601
-12

672
50
3
1,129

-868

224
-146
-393
1,682


$1,657
482
528

1,103
634
339

1,236
1,253

18,135
-1,192
411
95

993
2.196
175

1,230
53
2
1,420

1,717

411
134
178
1,067


-2,576
-2,886

-268
-8


$2,054
457
507

1,361
288
348

1,084
1.054

34,977
-334
434
248

884
2.494
-43

2,428
63
3
1,037

-236

7,482
-659
120
1,339


-2,548
-20,489

12
-4


Fiscal
Year
To
Date





$5,417
1,569
1,547

3,508
714
1.081

3,726
3,300

68.269
-2,844
1.195
-111

2,876
7,291
120

4,330
166
8
3,585

614

8,116
-671
-95
4,088


-7,601
-23.540

-531
-17


Com-
parable
Period
Prior
F.Y.




$5,283
1,437
1,267

3,585
926
1,060

3,671
3,017

61,093
-4.300
1,210
42

2,551
6,918
162

4,738
148
9
3,408

1,136

-535
419
339
2,942


-7,601
-18,984

-772
2


90,655 93,426 105,363 289,444 .....

73,514 75,427 91,732 240,672 .....

17,141 17,999 13,632 48,772 .....

- 27,009 -29,018 -11,568 -67,595 .....

-27,667 -28,403 -17,050 -73,120 .......

+658 -614 +5,482 +5,525 .......

93,164 84,009 109,889 ...... 287,062

76,979 67,239 77,992 ...... 222,210

16,185 16,770 31,896 .... 64,851


-30,810 -27,022 -24.363 -82,196

30,986 26.609 10.347 ....... -67,942

+ 176 414 14,015 ...... 14,253


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






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


Current Month Fiscal Year to Date Securiies held as Investments
Current Fiscal Year
Classification
Beginning of
Receipts Outlays Excess Receipts Outlays Excess Close of
This Month
This Year This Month


Trust receipts, outlays, and investments held:
Airport ............. ............ $937 $333 $604 $1,405 $643 $762 $11,132 $11,247 $11,863
Black lung disability ... ..... .. 52 51 1 155 154 1 ....
FDIC .................. .... ........ ...... -236 236 ...... 614 -614 15,565 15,760 15,995
Federal disability insurance ............... 2,018 1,892 126 5,219 5,628 -409 7,345 6,789 6,913
Federal employees life and health ......... ...... -15 15 ...... -87 87 10,409 10,491 10,505
Federal employees retirement ............. 10,267 2,332 7,934 12,481 7,004 5,477 199,100 196,511 204,549
Federal hospital insurance ............... 7,847 4,732 3,115 16,885 13,122 3,763 66,078 66,656 69,840
Federal old-age and survivors insurance .... 22,288 16,931 5,356 55,917 49,983 5,934 97,137 97,745 103,061
Federal supplementary medical insurance... 5,009 3,108 1,901 11,321 8,778 2,543 6,326 7,163 9,120
Highways ................... ........ 1,978 1,084 893 4,341 3,726 614 13,448 13,577 14,239
Military advances ........ ..... .. 750 698 53 1,926 2,104 -178 .............
Railroad retirement ................. 332 538 -206 1,049 1,613 -565 7,783 7,906 7,793
Military retirement .......... ..... 1,535 1.625 -91 16,832 4,872 11,960 41,310 52,468 52,388
Unemployment ....................... 1,676 1,361 315 5,518 3,508 2,011 36,197 40,100 40,533
Veterans life insurance .............. 535 41 494 605 220 385 11,810 11,698 12,178
All other trust ........... ...... 259 407 -147 1,021 1,064 -43 3,509 3,811 3,862

Total trust fund receipts and outlays and
Investments held from Table 6-D ..... 55,481 34,880 20,600 134,674 102,944 31,730 527,150 541,921 562,838

Interfund transactions ......... .......... -26,930 -26,930 ... -51,051 -51,051 ..

Trust fund receipts and outlays on the basis
of tables 4 & 5 ... ........... ..... 28,550 7,950 20,600 83,622 51,893 31,730

Total federal fund receipts and outlays ..... 66,941 99,109 -32,168 142,968 242,292 -99,324

Interfund transactions ........... ... 25 -25 ...... -70 -70 ..

Federal fund receipts & outlays on the basis
of table 4 & 5 ........ ....... ..... .. 66,916 99,084 -32,168 142,898 242,222 -99,324


Offsetting proprietary receipts ............. -1,671 -1,671 ...... -4,671 -4,671 ..

Net budget receipts & outlays............. 93,795 105,363 -11,568 221,850 289,444 -67,595


....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 due to rounding.
Source: Financial Management Service. Department of the Treasury







Table 9. Summary of Receipts by Source, and Outlays by Function of the U.S. Government, December 1988
and Other Periods (in millions)

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

RECEIPTS
Individual income taxes ....... ............. ........ $39,673 $100,781 $94,005
Corporation income taxes ...... .... .. ........... 22.160 25,396 21,271
Social insurance taxes and contributions:
Employment taxes and contributions ................... 24,100 68,551 64,251
Unemployment insurance ........ ......... 189 3,932 3,792
Other retirement contributions ..... ....... .... 409 1,138 1,252
Excise taxes ............... .... .. ......... ... 3,155 9,536 9,230
Estate and gift taxes ................ .. . 673 2,088 1,765
Customs ... ................ ........... ...... 1,391 4.175 3,960
Miscellaneous ..... ...... ................ ... 2,046 6.253 5,340

Total .... ..................................... 93,795 221,850 204,866

NET OUTLAYS
National defense ......... ..... ................... 28,934 79,574 76,357
International affairs ........... ... .................... 805 926 1,587
General science, space, and technology ................ .. 1,007 3,260 2,922
Energy .............. ........ ...................... 406 1,311 1,131
Natural resources and environment ......... ... .. ... .1,480 5,211 3,827
Agriculture ................... .............. .. ...... 1,712 7,166 9,594
Commerce and housing credit .......... ......... ......... 7,217 10,027 3,007
Transportation .......................................... 2,249 7,323 6,897
Community and regional development .................. .. 536 1,773 1,893
Education, training, employment and social services .......... 2,849 8,547 7,801
Health ................................... ......... 4,102 12,058 10,534
Medicare ..................... ................ ... 7,042 19,516 18,636
Income security ............. .. ................... 12,355 32,264 31,551
Social security .............................. .. ... 18,332 55,119 69,487
Veterans benefits and services ............ .............. 3,539 8,109 8,317
Administration of justice ......... ........ ............. 765 2,433 2,096
General government....... .......................... 1,600 3,354 2,951
Interest ................................. .......... 12,972 39,608 36.846
Undistributed offsetting receipts .......... ...... ..... .. -2,537 8,132 -8,373

Total ...................................... .... 105,363 289,444 287,062


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


GPO 937-166







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,
by subscription or single copy). Quarterly. Contains a mix of narrative,
tables, and charts on Treasury issues, Federal financial operations, in-
ternational statistics, 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 (Available
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

Listed below are the scheduled release dates for the 1989 Statements.
The release time will be 2:00 p.m. EST.

Month Release Date

January 1989 2-22-89
February 1989 3-21-89
March 1989 4-21-89
April 1989 5-19-89
May 1989 6-21-89
June 1989 7-24-89
July 1989 8-21-89
August 1989 9-22-89
September 1989 (')
October 1989 11-22-89
November 1989 12-21-89
December 1989 1-25-90



'Release date subject to completion of year-end reporting requirements.



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.






UNIVERSITY OF FLORIDA
3 1262 09051 4877 1111111
3 1262 09051 4877