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

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Monthly Treasury statement of receipts and outlays of the United States government for period from ..
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United States -- Dept. of the Treasury. -- Financial Management Service
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Full Text


Monthly Treasury Statement
of Receipts and Outlays
of the United States Government
S For Fiscal Year 1996 Through March 31, 1996, and Other Periods




Highlight


The cumulative outlays for the Earned Income Credit are $13.8 billion, $5.9 billion more than Fiscal Year 1995. This is due primarily to elimination of delays experience in 1995
that were associated with Internal Revenue Service fraud preventi a*i 4v


RECEIPTS, OUTLAYS, AND SURPLUS/DEFICIT 3W
THROUGH MARCH 1996

800- Content S O
700- -Summary, page 2
B 600- -Receipts, page 6
I 500-L OUTLY Outlays, page 7
L 400- Means of financing, page 20
I 300-"
O 0 0- RCEIPT Receipts/outlays by month, page 26
N Federal trust funds/securities, page 28
S 100-1
Si
Receipts by source/outlays by
0_ function, page 29
DEFICIT
-1 00- Explanatory notes, page 30
-2001, "


Compiled and Published by

Department of the Treasury
Financial Management Service






Introduction
The Monthly Treasury Statement of Receipts and Outlays of the United States of receipts are treated as deductions from gross receipts; revolving and manageGovernment ('MTS) is prepared by the Financial Management Service, Department of ment fund receipts, reimbursements and refunds of monies previously expended are the Treasury, and after approval by the Fiscal Assistant Secretary of the Treasury, is treated as deductions from gross outlays; and interest on the public debt (public normally released on the 15th workday of the month following the reporting month. issues) is recognized on the accrual basis. Major information sources include The publication is based on data provided by Federal entities, disbursing officers, accounting data reported by Federal entities, disbursing officers, and Federal and Federal Reserve banks. Reserve banks.

AudienceTriad of Publications forenc oritrse The MTS is part of a triad of Treasury financial reports. The Dail Treasury
The MTS is published to meet the needs of: Those responsible froinestd Statement is published each working day of the Federal Gover-nment. It provides in the cash position of the Treasury; Those who are responsible for or interested in data on the cash and debt operations of the Treasury based upon reporting of the the Government's budget results; and individuals and businesses whose operations Treasury account balances by Federal Reserve banks. The MTS is a report of depend upon or are related to the Government's financial operations. Government receipts and outlays, based on agency reporting, The U.S. Government
Annual Report is the official publication of the detailed receipts and outlays of the Disclosure Statement Government. It is published annually in accordance with legislative mandates given
This statement summarizes the financial activities of the Federal Government to the Secretary of the Treasury. 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 Data Sources and Information of financing the deficit or disposing of the surplus. Information is presented on a The Explanatory Notes section of this publication provides Information concernmodified cash basis: receipts are accounted for on the basis of collections; refunds Ing the flow of data into the MTS and sources of information relevant to the MrTS.










Table 1. Summary of Receipts, Outlays, and the Deficit/Surplus of the U.S. Government, Fiscal Years 1995 and 1996,
by Month
[$ millions]

Period Receipts Outlays DeficitlSurplus HIFY 1995
October.................................... 89,024 120,365 31,342
November.................................. 87,673 124,915 37,242
December.................................. 130,810 135,613 4,803
January..................................... 131,801 116,166 -15,635
February...................... ............. 82,544 120,899 38,355
March...................................... 92,532 143,074 50,543
April....................................... 165,392 115,673 -49,720
May........................................ 90,405 129,958 39,553
June....................................... 147,868 135,054 -12,814
July........................................ 92,7r49 106,328 13,579
August..................................... 96,560 130,411 33,851
September................................. 1143,221 1,2135,978 -7243
Year-to-Date............................. 31,350,577 31,514,433 31 M&W5
IFY 1996
October............................... .... 95593 118,352 22,758
November.................................. 90,008 128,458 38,450
December.................................. 138,271 132,984 -5.286
January..................................... 142,922 123,647 -19,274
February.................................... 89,349 133,644 44,295
March...................................... 89,011 136,286 47,275
Year-to-Date ..............645,154 773,372 128,216

'Receipts have been increased by $2 million and outlays have been increased by $1 million In Wthe receipt, outlay, and deficit figures differ from the FY 1997 Budget, released by the Office September 1995 to reflect additional reporting by the Corporation for National and Community of Management and Budget on March 19, 1996 by $84 million due mainly, to revisions in data Service. folowin the release of the Final September Monthly Treasury Statement.
'Outlays have been Increased by $5 million In September 1995 to reflect additional reporting by the Department of Justice.






Table 2. Summary of Budget and Off-Budget Results and Financing of the U.S. Government, March 1996 and
Other Periods
_______________[$ millions]__________ ________Current Budget Prior Budget
ClsiiainThis FiclEstimates Fiscal Year Estimates
ClsiiainMonth FiarlDt Full Fiscal to Date Next Fiscal
Yer oDaeYear 1 (1995) Year (1997)1



Total on-budget and off-budget results:
Total receipts ............ .... 89,011 645,154 1,426,775 614,383 1,495,238

On-budget receipts .......................... 56,677 474,378 1,059,334 448,738 1,107,223
Off-budget receipts.................32,334 170.776 367,441 165,644 388,015
Total outlays ...... .....................136,286 773,372 1,572,411 761,033 1,635,329
On-budget outlays.......................108,365 627,804 1,270,292 621,514 1,317,655
Off-budget outlays ...... ........ ............27,921 145,568 302,119 139,519 317,674
Total surplus (+) or deficit (-) ......-... .... -47275 -128,218 -145,636 -146,650 -140,091

On-budget surplus +)or deficit (-) .. ..... ... -51.688 -153,426 -210,958 -172,776 -210,432
Off-budget surplus (- or deficit (-)......... +4,413 +25,208 +65,322 +26,125 +70,341
Total on-budget and off-budget financing ......47,275 128,218 145,636 146,650 140,091

Means of financing:
Borrowing from the public......................... 38,189 113,798 165,272 125,615 164,326
Reduction of operating cash, increase (-) .....9,283 16,075 -2,051 17,845
By other means .._ .........-197 -1,655 -17,585 3,190 -24,235

'These figures are based on the FY 1997 Budget, released by the Office of Management and ... No Transactions.
Budget on March 19, 1996. Note: Details may not add to totals due to rounding.





Figure 1. Monthly Receipts, Outlays, and Budget Deficit/Surplus of the U.S. Government, Fiscal Years 1995 and 1996




$ billions


180

160- uly

140- N

120 //





60- Receipts










-60 Deficft(-)/Surplus


Oct. Dec. Feb. Apr. Jun. Aug. Oct. Dec. Feb. Mar.


FY FY

95 96







3




Figure 2. Monthly Receipts of the U.S. Government, by Source, Fiscal Years 1995 and 1996


$ billions 180
STotal Receipts
160

140

120
ocial Security 100

80
60-

40- IncomeTaxes

20
Other Taxes and Receipts
0 1 1 1 1 1 1 1 1 1 1 1 1
Oct. Dec. Feb. Apr. Jun. Aug. Oct. Dec. Feb. Mar.

FY FY
95 96




Figure 3. Monthly Outlays of the U.S. Government, by Function, Fiscal Years 1995 and 1996


$ billions 180

160 Total Outlays





140
Scial Security & Medicare IIII
100 + iiiiI k l i l f l

80
O~ther Non-Dees
60

40 National Defense,
2 0 -. .
20- interest ,

0
Oct. Dec. Feb. Apr. Jun. Aug. Oct. Dec. Feb.Mar.

FY FY
95 96


4






Table 3. Summary of Receipts and Outlays of the U.S. Government, March 1996 and Other Periods ($ millions)

Current Comparable Budget
Classification This Month Fiscal Prior Period Estimates

E year to Date Full Fiscal Year'
Budget Receipts
Individual income taxes ... ........ ........ 22,523 293,584 274,680 630,873
Corporation income taxes .... ... __ ........ ................ 15,460 64,205 56,650 167,108
Social insurance taxes and contributions:
Employment taxes and contributions (off-budget) ............ 32,334 170,776 165,644 367,441
Employment taxes and contributions (on-budget) .. ....... 8,752 49,654 48,416 105,745
Unemployment insurance ......... ........ ....... ........ 258 8,261 8,571 29,810
Other retirement contributions ....... ... __ ... ... ........ 419 2,294 2,275 4,539
Excise taxes ... ......... 4,133 27,159 27,680 53,886
Estate and gift taxes ............ ....... ...... 1,137 7,405 6,653 15,924
Customs duties ... ............... ............... ......... .... 1,528 9,284 9,865 19,313
Miscellaneous receipts ... __ ............ ................... ... 2,467 12,532 213,949 32,136
Total Receipts ................................................. 89,011 645,154 614,383 1,426,775
(On-budget) .................................................. 56,677 474,378 448,738 1,059,334
(Off-budget) ................................................. 32,334 170,776 165,644 367,441

Budget Outlays
Legislative Branch .. ....... ........ ................ ...... 162 1,129 1,464 2,695
The Judiciary ....... ....... ........... ....... ...... ... 215 1,366 1,406 3,297
Execubve Office of the President ............................... 25 99 112 206
Funds Appropriated to the President ............. .............. 825 6,357 7,124 10,445
Department of Agriculture ... ....... ....................... 3,916 28,437 35,022 54,840
Department of Commerce ............. ............ ........... 287 1,842 1,770 3,789
Department of Defense-Military ....... ... __ ... ........... 21,556 122,926 130,088 254,325
Department of Defense-Civil ........ ......................... 2,664 16,194 15,656 32,255
Department of Education ....... __ .......... ................ 2,620 15,096 16,207 30,404
Department of Energy ....... ............ ....................... 1,222 8,022 8,927 14,678
Department of Health and Human Services ........... ........ 26,366 155,035 148,383 327,429
Department of Housing and Urban Development ............... 3,122 14,069 14,653 26,432
Department of the Interior .............. ............ ....... 485 3,262 3,812 6,939
Department of Justice ....... 920 5,596 35,214 12,964
Department of Labor ............................................. 2,990 16,811 15,748 34,404
Department of State ... ... ............ ........... 432 2,466 3,092 5,500
Department of Transportation ........ .................. ........ 2,915 18,567 19,111 38,994
Department of the Treasury:
Interest on the Public Debt .... .............. ......... 20,739 170,951 161,985 344,628
Other ... ....................... ........ ....... ... 7,171 14,507 8,592 20,328
Department of Veterans Affairs .... ....... ......... ........... 3,287 17,619 18,862 37,606
Environmental Protection Agency ............................ ... 481 3,059 3,077 6,329
General Services Administration ........ ..................... 396 1,591 709 469
National Aeronautics and Space Administration ........ ........ 1,057 6,558 6,472 14,190
Office of Personnel Management .. ........ ................. 3,758 20,959 20,205 42,374
Small Business Administration ................................... 41 386 473 957
Social Security Administration .............. ......... 31,384 182,683 176,776 377,255
Other independent agencies ... ..................... -117 1,806 2-2,105 9,192
Allow ances ............... ....... ..................... ..... ...... ..... 647
Undistributed offsetting receipts:
Interest ..................... ................................... -143 -47,851 -45,534 -97,598
Other ........... ...................................... -2,490 -16,170 -16,270 -42,268
Total outlays ................................................... 136,286 773,372 761,033 1,572,411
(On-budget) .................................................. 108,365 627,804 621,514 1,270,292
(Off-budget) ................................................. 27,921 145,568 139,519 302,119
Surplus (+) or deficit (-) .................................... -47,275 -128,218 -146,650 -145,636
(On-budget) .................................................. -51,688 -153,426 -172,776 -210,958
(Off-budget) ........................................... ..... +41,413 +25,208 +26,125 +65,322

'These figures are based on the FY 1997 Budget, released by the Office of Management and 30utlays have been increased by $5 million in September 1995 to reflect additional reporting by Budget on March 19, 199& the Department of Justice.
2Receipts have been increased by $2 million and outlays have been increased by $1 million in Note: Details may not add to totals due to rounding. September 1995 to reflect additional reporting by the Corporation for National and Community
Service,












5






Table 4. Receipts of the U.S. Government, March 1996 and Other Periods 1$ millions]
This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross Refunds Gros Refu ds Gross Refunds
Receipts (Deduct) Receipts Recei;. (Deduct) Receipts Receipts (Deduct) I ReceiptaIndividual income taxes:
W ithheld ..................... ................... ........... 41,834 281,367 0 263,677
Presidential Election Campaign Fund ....................... 16 25 24
Other ......................................................... 5,790 51,231 44,730
Total-individual income taxes ......................... 47,640 25,118 22,523 332,623 39,039 293,584 308,431 33,752 274,680
Corporation income taxes .................................... 17,793 2,332 15,460 74,794 10,589 64,205 66,948 10,298 56,650
Social insurance taxes and contributions:
Employment taxes and contributions:
Federal old-age and survivors ins. trust fund:
Federal Insurance Contributions Act taxes ............ 26,797 ...... 26,797 143,217 643 142,574 123,806 ...... 123.806
Self-Employment Contributions Act taxes ............. 634 ...... 634 2,268 ...... 2,268 2,943 ...... 2,943
Deposits by States ..................................... 2 ...... 2 1 ...... 1 1 ...... I
Other .................................................... V I ...... V I V I ...... V I V *) ...... C I
Total-FOASI trust fund ............................. 27,433 ...... 27,433 145,486 643 144,843 126,751 ...... 126,751
Federal disability insurance trust fund:
Federal Insurance Contributions Act taxes ............ 4,788 ...... 4,788 25,511 119 25,391 37,840 ...... 37,840
Self-Employment Contributions Act taxes ............. 113 ...... 113 542 ...... 542 1,053 ...... 1,053
Receipts from railroad retirement account ............. ...... ...... ...... .... I ...... ... ...... ...... ......
Deposits by States ..................................... V *) ...... ( ) V I ...... C I V I ...... V I
O ther .................................................... ...... ...... ...... ...... ...... .... ...... ...... .....
Total-FDI trust fund ................................ 4,901 ...... 4,901 26,052 119 25,933 38,894 ...... 38,894
Federal hospital insurance trust fund:
Federal Insurance Contributions Act taxes ............ 8,081 ...... 8,081 46,665 -13 46,678 44,936 ...... ".936
Self-Employment Contributions Act taxes ............. 259 ...... 259 988 ...... 988 1,326 ..... 1,326
Receipts from Railroad Retirement Board ............. ...... ...... ...... ...... ...... ...... ...... ......
Deposits by States ..................................... V I ...... V ) V I ...... V I C I ......
Total-FHl trust fund ................................ 8,340 ...... 8,340 47,653 -13 47,666 46,263 ...... 46.263
Railroad retirement accounts:
Rail industry pension fund ............................. 209 1-45 254 1,120 88 1,031 1,185 9 1,176
Railroad Social Security equivalent benefit ............ 158 ...... 158 956 ...... 956 978 ...... 978
Total-Employment taxes and contributions ........ 41,041 -45 41,086 221,267 838 220,430 214,070 9 214,061
Unemployment insurance:
State taxes deposited in Treasury ....................... 210 ...... 210 6,594 ...... 6,594 6,753 ...... 6,753
Federal Unemployment Tax Act taxes ................... 49 1 48 1,687 31 1,656 1,836 30 1.806
Railroad unemployment taxes ............................ C I ...... C 1 11 ..... 11 12 ...... 12
Railroad debt repaym ent ................................. .... ...... ...... ...... ...... ...... ...... ...... ......
Total-Unemployment insurance ....................... 259 1 258 8.292 31 8,261 8,601 30 8,571
Other retirement contributions:
Federal employees retirement employee
contributions .............................................. 401 ...... 401 2,238 ...... 2,238 2,228 .... 2,228
Contributions for non-federal employees ................. 18 ...... 18 56 ...... 56 47 ...... 47
Total-Other retirement contributions .................. 419 ...... 419 2,294 ...... 2,294 2,275 ...... 2,275
Total-Social insurance taxes and
contributions ........................................ 41,719 -44 41,763 231,854 869 230,985 224,946 39 224,907
Excise taxes:
Miscellaneous excise taxes ................................ 2,341 -189 2,530 14,579 148 14,430 14,270 693 13,577
Airport and airway trust fund ............................... 31 310 21 1,490 16 1,474 2,589 9 2,580
Highway trust fund .......................................... 1,836 298 1,538 11,356 395 10,961 11,427 211 11,217
Black lung disability trust fund ............................. 44 ...... 44 294 ...... 294 307 ...... 307
Total-Excise taxes ..................................... 4,252 119 4,133 27,718 559 27,159 28,593 913 27,680
Estate and gift taxes ......................................... 1,170 34 1,137 7,604 196 7,405 6,850 197 6,653
Customs duties ............................................... 1,608 so 1,528 9,831 547 9,284 10,694 829 9,865
Miscellaneous Receipts:
Deposits of earnings by Federal Reserve banks .......... 2,051 ...... 2,051 10,344 ..... 10,344 11,756 ... 11,756
All other .......... .................................... 417 1 416 2,193 5 2,188 42,199 7 2,192
Total Miscellaneous receipts ........................ 2,469 1 2,467 12,537 5 12,532 13,956 7 13,949
Total Receipts ........................................ 116,652 27,641 89,011 696,961 51,807 645,154 660,417 46,035 614,383
Total On-budget ...................................... 84,318 27,641 56,677 525,422 51,044 474,378 494,773 46,035 448,738
Total Off-budget ...................................... 32,334 ...... 32,334 171,639 763 170,776 165,644 ...... 165,644

'includes a prior period adjustment. 4Recelpts have been increased by $2 million in September 1995 to reflect additional reporWV
'Includes amounts for the windfall profits tax pursuant to P.L. 96-223. by the Corporation for National and Community Service,
3Represents a quarterly adjustment of excise tax receipts for the period ending September 30, No Transactions.
1995. *) Less than $500,000.
Note: Details may not add to totals due to rounding.

6






Table 5. Outlays of the U.S. Government, March 1996 and Other Periods 141 millions)

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

Legislative Branch;
Senate ........ ......... ....... 36 V 1) 36 211 1 210 217 1 216
House of Representatives .......... ............ 60 V 60 353 1 352 369 1 367
Joint items ...... ...... ___ .... .... 6 6 40 40 38 38
Congressional Budget Office ... ...... ......... 2 2 11 ...... 11 10 10
Architect of the Capitol ....... 13 1 13 78 3 74 94 4 90
Library of Congress ........ 31 31 169 .... 169 450 450
Government Printing Office
Revolving fund (net) ...... -26 ...... -26 2 2 27 ... 27
General fund appropriations ........ 9 9 48 .... 48 47 47
General Accounting Office ...... 30 .... 30 207 ...... 207 202 202
United States Tax Court ...... 4 .... 4 16 .... 16 15 ... 15
Other Legislative Branch agencies .......... 2 2 13 ..... 13 16 16
Proprietary receipts from the public ...... ...... -1 ...... 5 -5 ...... 8 -8
Intrabudgetary transactions ................. -2 ...... -2 -11 -11 -7 -7
Total-Legislative Branch ................................ 164 2 162 1,139 10 1,129 1,478 14 1,464
The Judiciary:
Supreme Court of the United States ... .......... 2 ... 2 14 ... 14 13 ...... 13
Courts of Appeals, District Courls, and other judicial
services .... ...... ......... .... ....... ........... ... 202 V 1 202 1,297 3 1,294 1,338 3 1,335
Other ............. 11 ...... 11 58 58 58 .... I 58
Total-The Judiciary ..................................... 215 V 215 1,369 3 1,366 1,408 3 1,406
Executive Office of the President:
Compensation of the President and the White House
Office ... ........... _ ... ... ...... .............. 3 ... 3 19 ... 19 18 ...... 18
Office of Management and Budget ................. 5 ...... 5 26 ..... 26 28 28
Other ...... ........... ........... .... 16 ...... 16 54 ...... 54 66 ...... 66
Total-Executive Office of the President .............. 25 ...... 25 99 ...... 99 112 ...... 112
Funds Appropriated to the President:
International Security Assistance:
Foreign military loan program ..................... 35 81 -46 228 308 -80 467 341 126
Foreign military financing program ... 52 ...... 52 2,202 ..... 2,202 2,461 ...... 2,461
Economic support fund ...... ....... ....... 97 97 1,667 ...... 1,667 2,112 ...... 2,112
Peacekeeping Operations .... .......... .......... 4 ...... 4 25 ...... 25 46 .... 46
O ther .... ......... ........ ................... 1 ...... 1 12 ...... 12 12 ..... 12
Proprietary receipts from the public ...................... ...... 4 -4 .... 450 -450 ...... 405 -405
Total-international Security Assistance ... ....... 189 85 104 4,135 758 3,377 5,099 746 4,353
International Development Assistance:
Multilateral Assistance:
Contribution to the International Development
Association ...... ... .... ........ ...... ...... ...... .... 627 ...... 627 509 ...... 509
International organizations and programs .............. 67 ... ... 67 84 ...... 84 397 ..... 397
Other ... ....... ............... ....... 98 .... 98 336 ...... 336 250 ...... 250
Total-Multilateral Assistance ...... ........... ..... 165 ...... 165 1,047 ...... 1,047 1,156 1,156

Agency for International Development:
Sustainable development assistance program ... ....... 63 ...... 63 678 ...... 678 561 561
Assistance for eastern europe and the baltic States 26 ...... 26 172 ...... 172 188 ...... 188
Assistance for the new independent States of the
former soviet union .... .................... 102 ...... 102 356 ...... 356 405 ..... 405
Development fund for Africa .... ...... ...... 58 ...... 58 301 ..... 301 389 ...... 389
Operating expenses ....... ....... .......... 39 ...... 39 235 ...... 235 255 ..... 255
Payment to the Foreign Service retirement and
disability fund ........ ... ...... ................... -2 ...... -2 ...... 44 45 45
Other ............ ............ ....... ....... ... 25 6 19 148 32 116 141 24 116
Proprietary receipts from the public .................... .... 71 -71 ...... 423 -423 ...... 413 -413
Intrabudgetary transactions .... ........ .............. V I ...... V I V I V I ...... ..... ......
Total-Agency for International Development ....... 311 77 233 1,933 455 1,478 1,983 438 1,546
Overseas Private Investment Corporation ......... ...... 4 13 -9 40 146 -106 24 122 -99
Peace Corps ..... ............ ............ .... 21 ...... 21 97 ..' ... 97 114 ... 114
O ther .. .......... ...... ...... ....... ....... 7 ...... 7 42 ...... 42 44 ..' ... 44
Total-international Development Assistance .... ...... 506 90 416 3,160 601 2,559 3,321 560 2,761
International Monetary Programs ....... ........ ...... 75 ...... 75 444 ...... 444 -798 ..... -798
Military Sales Programs:
Special defense acquisition fund .......... ...... 5 V 1 5 28 53 -25 89 90 -1
Foreign military sales trust fund .......................... 1,228 ...... 1,228 7,130 ...... 7,130 6,753 ... 6,753
Kuwait civil reconstruction trust fund ... ............ V I ... V I V I ... C I C I V I
Proprietary receipts from the public ...................... ..... 1,007 -1,007 ... 7,149 -7,149 ... 5,958 -5,958
Other ..... .... .......... ............. .... 5 ...... 5 20 ...... 20 14 ...... 14
Total-Funds Appropriated to the President ........... 2,008 1,183 825 14,918 8,561 6,357 14,477 7,353 7,124

7






Table 5. Outlays of the U.S. Government, March 1996 and Other Periods-Continued ($ millions]

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross JAppli iPT Gross Applicable Gross jApplicablel outtay.
Outlays Receipts Outlays Outlays I Receipts Outlays Outlays Receipts

Department of Agriculture:
Agricultural Research Service ................................ 58 ...... 58 372 ...... 372 373 ...... 373
Cooperative State Research Education and Extension
Service:
Cooperative state research activities ..................... 35 ... 35 201 ... 201 217 .... 217
Extension Service ................................. 35 ..... 35 190 ...... 190 218 ...... 218
Other ................................... 3 ...... 3 14 ..... 1 14 23 ...... 23
Animal and Plant Health Inspection Service ................ 37 ...... 37 230 ...... 230 255 ...... 255
Food Safety and Inspection Service ........................ 37 ... 37 254 ...... 254 250 ...... 250
Agricultural Marketing Service ............................... 12 ...... 12 401 ...... 401 460 ..... 460

Farm Service Agency:
Salaries and expenses .................................... 85 ...... 85 262 ...... 262 494 ...... 494
Conservation programs .................................... 6 ...... 6 1,779 ..... 1 1,779 1,801 ...... 1.801
Federal crop insurance corporation fund ..... ........... 155 5 150 1,319 343 976 401 448 -46
Commodity Credit Corporation:
Price support and related programs .................... 461 848 -387 6,897 4,090 2,807 13,450 4.612 8,838
National Wool Act Program ............................. ...... ..... ...... -1 -1 5 ... 5
Agricultural credit insurance fund ......................... 38 112 -75 317 782 -464 561 884 -323
O ther ....................................................... 1 ...... 1 2 2 1 ...... 1
Total-Farm Service Agency ........................... 745 965 -220 10,576 5,215 5,361 16,715 5,944 10,770

Natural Resources Conservation Service:
Conservation operations ................................... 46 ... 46 306 ...... 306 286 ...... 286
Watershed and flood prevention operations .............. 18 ...... 18 121 ...... 121 148 ..... 148
Other ....................................................... 16 ..... 16 74 .... 74 56 ...... 56
Rural Utilities Service:
Rural electrification and telephone fund .................. 268 246 22 1,181 1,867 -686 1,413 1,592 -178
Rural development insurance fund ........................ 84 32 51 337 242 96 381 248 133
Other ....................................................... 36 13 23 300 103 197 211 107 104
Rural housing and Community Development Service:
Rural housing insurance fund ............................. 392 229 163 1,575 1,285 290 1,894 1,259 635
Other ................. 83 ...... 83 130 130 -68 ......
Foreign Agricultural Service .................................. 74 ...... 74 237 ...... 237 594 ...... 594

Food and Consumer Service:
Food stamp program ...................................... 2,121 ...... 2,121 12,917 ...... 12,917 13,062 ...... 13,062
State child nutrition programs ............................. 803 ...... 803 4,376 ...... 4,376 4,033 ...... 4,033
Women, infants and children programs ................... 332 .... I 332 1,900 ... ... 1,900 1,836 ...... 1,836
Other ........ ............................................ 21 ...... 21 168 ...... 168 258 ...... 258
Total-Food and Consumer Service ................... 3,277 ...... 3,277 19,360 ...... 19,360 19,189 ...... 19.189

Forest Service:
National forest system .................................... 85 ...... 85 644 ...... 644 653 ...... 653
Forest and rangeland protection .......................... 26 ...... 26 169 1 ..... 169 345 ...... 345
Forest service permanent appropriations ................. 23 ...... 23 406 ...... 406 435 ...... 435
Other ............................ ............. ............ 48 ...... 48 400 ...... 400 1398 ...... 398
Total-Forest Service ................................... 182 ...... 182 1,619 ...... 1,619 1,832 ...... 1,832

Other ........................................... ............. 34 4 30 230 20 210 291 19 272
Proprietary receipts from the public ......................... ...... 67 -67 ...... 495 -495 ...... 1545 -545
Intrabudgetary transactions .................................. C I ...... C 1 -46 ...... -46 C I ... (* 1)

Total-Department of Agriculture ....................... 5,472 1,556 3,916 37,663 9,226 28,437 44,736 9,714 35,022

Department of Commerce:
Economic Development Administration ...................... 33 1 32 233 5 229 173 7 166
Bureau of the Census ...... ........................... 21 ...... 21 146 ...... 146 216 ... 216
Promotion of Industry and Commerce ...................... 29 ...... 29 158 ... 158 187 ...... 187

Science and Technology:
National Oceanic and Atmospheric Administration ....... 176 1 175 1,032 6 1,026 968 12 956
National Institute of Standards and Technology ... 47 ...... 47 272 ...... 272 220 ...... 220
Other .... ................ ................................. -8 3 -11 38 14 24 57 16 41
Total-Science and Technology ........................ 214 3 211 1,341 19 1,321 1,245 28 1,217

Other .................................................... 5 ... 5 52 .... 52 47 V 1) 47
Proprietary receipts from the public ..................... ...... 11 -11 ...... 64 ..... 63
Intrabudgetary transactions ............................ V I .... I C I V I ...... I C I ...... C I
Offsetting governm ental receipts ............................ ..... ... ...... ...... ... ...... ...... ...... ....

Total-Department of Commerce ....................... 302 is 287 1,930 88 1,842 1,868 98 1,770



8






Table 5. Outlays of the U.S. Government, March 1996 and Other Periods-Continued ($ millions]

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

Department of Defense-Military:
Military personnel:
Department of the Army .... ... 2,092 2,092 11,413 11,413 12,791 12,791
Department of the Navy .... 1,892 ... 1,892 11,485 11,485 13,089 ...... 13,089
Department of the Air Force ... ....... 1,569 .... 1,569 8,707 8,707 9,676 9,676
Total-Military personnel ....... ................ 5,552 .... 5,552 31,606 ..... 31,606 35,556 35,556

Operation and maintenance:
Department of the Army .... 1,946 1,946 10,789 ...... 10,789 11,209 .... 11,209
Department of the Navy ., ..... ........ ....... 2,155 ..... 2,155 10,892 10,892 11,306 11.306
Department of the Air Force ... 1,983 .... 1,983 11,509 .... 11,509 12,358 ... 12,358
Defense agencies ......... ... 1,478 ...... 1,478 9,617 ...... 9,617 9,604 ...... 9,604
Total-Operation and maintenance ....... ... 7,562 ... 7,562 42,806 ..... 42,806 44,477 44,477

Procurement:
Department of the Army .......... .......... ...... 638 ... 638 3,360 ...... 3,360 3,796 3,796
Department of the Navy ...... ............ ... ..... 1,896 ...... 1,896 9,501 ... 9,501 11,998 11,998
Department of the Air Force ..... ............ ........ 1,749 1,749 8,651 ..... 8,651 11,206 ...... 11,206
Defense agencies .... ........ ... __ ........ ... 279 279 1,816 ...... 1,816 1,972 ...... 1,972
Total-Procurement .... ...... ................... 4,562 ...... 4,562 23,328 .... 23,328 28,972 28,972

Research, development, test, and evaluation:
Department of the Army .. ........ ............... 460 ... 460 2,587 ..... 2,587 2,520 ...... 2,520
Department of the Navy ............ 817 ... 817 4,317 .... 4,317 4,819 4,819
Department of the Air Force ....... ....... 1,194 ... 1,194 6,245 ..... 6,245 6,438 6,438
Defense agencies ...... ....... ........... .......... 728 ...... 728 4,152 ...... 4,152 3,956 ...... 3,956
Total-Research, development, test and evaluation 3,199 ..... 3,199 17,301 ...... 17,301 17,733 .... 17,733

Military construction:
Department of the Army ...... .................. ........ 82 ... 82 450 450 464 464
Department of the Navy ..... .... ............... .... -2 ...... -2 260 ...... 260 422 ... 422
Department of the Air Force ... ............... ......... 104 ...... 104 618 618 655 ... 655
Defense agencies ....... ............... ....... .... 332 ...... 332 1,941 ...... 1,941 1,655 ... 1,655
Total- Military construction ....... ....... ............. 517 ...... 517 3,269 .... 3,269 3,197 ...... 3,197

Family housing:
Department of the Army ......... ........................ 114 ...... 114 631 ...... 631 588 ... 588
Department of the Navy .. .... ........ ........... .... 119 ...... 119 658 ...... 658 502 1 ..... 502
Department of the Air Force ......................... .... 89 ...... 89 513 .... 513 531 ...... 531
Defense agencies .- ... ........ ....... ...... 11 7 4 70 36 34 71 24 48
Revolving and management funds:
Department of the Army ...... ....... .......... 11 11 63 ... 63 -22 -22
Department of the Navy .. .............. ............ 69 ...... 69 565 ...... 565 185 185
Departm ent of the Air Force .... .................... ...... ... ...... ...... ...... ..... ...... ......
Defense agencies:
Defense business operations fund .......... ......... -129 ...... -129 1,976 ...... 1,976 -1,195 ... -1,195
Other ............ ........... ........................... -12 V 1 -12 -23 2 -26 -131 2 -133
Trust funds:
Department of the Army .... ....... ....... ......... V ...... V I V I ...... V V I V
Department of the Navy .... ....... ......... 1 V I V 1 21 10 11 15 3 12
Department of the Air Force ... .............. I V I V 1 4 4 V I V *) V I V I
Defense agencies .......... ....... ................... 11 ...... 11 94 ...... 94 99 ...... 99
Proprietary receipts from the public:
Department of the Army ..... ...... 57 -57 ...... 211 -211 161 -161
Department of the Navy .... ............ ....... ... 13 -13 .... 77 -77 ... 138 -138
Department of the Air Force ... .......................... ...... -19 19 .... 177 -177 ..... 426 -426
Defense agencies .... ...... ................ ... -10 10 ...... 54 -54 ... 188 -188
Intrabudgetary transactions:
Department of the Army ....... ....... ........ .... -27 ..... -27 49 ...... 49 38 .... 38
Department of the Navy ........... ................ -24 ...... -24 736 ...... 736 377 ... 377
Department of the Air Force .... ....... ............ -5 ..... -5 127 ...... 127 113 113
Defense agencies ...... ........ ............ ............. -11 ...... -11 -290 ...... -290 -76 ... -76
Offsetting governmental receipts:
Department of the Army ........................ ......... ...... 4 -4 ...... 7 -7 ....
Defense agencies ...... __ ...... ...... .................. ...... V I V I V I V I V C 1)

Total-Department of Defense-Military ............. 21,610 53 21,556 123,504 578 122,926 131,031 943 130,088








9






Table S. Outlays of the U.S. Government, March 1996 and Other Periods-Continued E$ millions]

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

Department of Defense-Civil
Corps of Engineers:
Construction, general ...................................... 85 ...... 85 525 ...... 525 533 ...... 533
Operation and maintenance, general ...................... 105 ...... 105 547 ...... 547 727 ... 727
Other ....................................................... 91 ..... 91 921 ...... 921 723 ...... 723
Proprietary receipts from the public ...................... ...... 13 -13 ...... 78 -78 ..... 64
Total-Corps of Engineers ............................. 281 13 268 1,993 78 1,915 1,983 64 1,919

Military retirement:
Payment to military retirement fund ...................... ...... ...... ...... 10,699 ...... 10,699 11,470 ... 11,470
Military retirement fund .................................... 2,385 ...... 2,385 14,241 ...... 14,241 13,662 ...... 13,662
Intrabudgetary transactions ................................ ...... ...... ...... -10,699 ...... -10,699 -11,470 .... -11,470
Education benefits ........................................... 7 ...... 7 12 ...... 12 43 ... ... 43
Other ............................. ........................... 6 V .) 5 37 2 35 40 2 38
Proprietary receipts from the public ......................... ...... 2 -2 ...... 9 -9 ...... 6 -6

Total-Department of Defense-Civil ................... 2,679 is 2,664 16,283 89 16,194 15,729 72 15,656

Department of Education:
Office of Elementary and Secondary Education:
Education for the disadvantaged .......................... 555 ...... 555 3,504 ...... 3,504 3,455 ...... 3,455
Impact aid .................................................. 77 ...... 77 296 ...... 296 610 ...... 610
School improvement programs ............................ 127 ...... 127 663 ...... 663 718 ...... 718
Other ....................................................... 55 ...... 55 172 ... 172 57 ...... 57
Total-Office of Elementary and Secondary
Education ............................................... 814 ...... 814 4,635 ...... 4,635 4,839 ...... 4,839

Office of Bilingual Education and Minority Languages
Affairs ... ................................................... 22 ...... 22 86 ...... 86 108 ...... 108
Office of Special Education and Rehabilitative Services:
Special education .......................................... 295 ...... 295 1,707 ...... 1,707 1,706 ...... 1,706
Rehabilitation services and disability research ............ 183 ...... 183 1,204 ...... 1,204 1,161 ...... 1,161
Special institutions for persons with disabilities .......... 3 ...... 3 54 ...... 54 70 ...... 70
Office of Vocational and Adult Education .................. 134 ...... 134 816 ...... 816 772 ...... 772

Office of Postsecondary Education:
College housing loans ................ .................... 5 1 4 5 24 -20 14 35 -21
Student financial assistance ............................... 573 ...... 573 4,073 ...... 4,073 4,204 ...... 4.204
Higher education ........................................... 57 ...... 57 403 ...... 403 415 ...... 415
Howard University ......................................... 8 ...... 8 84 ...... 84 108 ...... 108
Federal direct student loan program ...................... 107 ...... 107 403 ...... 403 230 ...... 230
Federal family education loans ............................ 333 ...... 333 1,214 ...... 1,214 2,207 ...... 2,207
O ther ............................. ......................... V *) ...... V *) 1 ...... 1 2 2
Total-Office of Postsecondary Education ............. 1,082 1 1,081 6,182 24 6,158 7,177 35 7,142

Office of Educational Research and Improvement ......... 69 ...... 69 223 ...... 223 203 ...... 203
Departmental management ............. .................... 35 ...... 35 238 ...... 238 238 ...... 238
Proprietary receipts from the public ......................... ...... 17 -17 ..... 26 -26 ... 33 -33

Total-Department of Education ........................ 2,639 18 2,620 15,147 51 15,096 16,274 68 16AD7

Department of Energy:
Atomic energy defense activities ............................ 869 ...... 869 5,998 ...... 5,998 6,081 ..... 6,081

Energy programs:
General science and research activities .................. 84 ...... 84 524 ...... 524 780 ...... 780
Energy supply, R and D activities ........................ 207 .... 1.. 207 I'S" ...... 1,544 1,663 ...... 1,663
Uranium supply and enrichment activities ........ ....... 11 ...... 11 56 ...... 56 49 ..... 49
Fossil energy research and development ... ............. 37 ...... 37 235 I .... 235 217 ...... 217
Energy conservation ............ ....... .................. 56 ...... 56 326 ...... 326 306 ...... 306
Strategic petroleum reserve ........ ..................... 22 ...... 22 118 ...... 118 110 .... 110
Clean coal technology ..................................... ...... ...... ...... ...... .... ...... ......
Nuclear waste disposal fund ...... ....................... 13 ...... 13 113 ...... 113 171 ...... 171
Other ....................................................... 76 V 1 76 426 1 425 486 1 486
Total-Energy programs ............................. 507 V 1 507 3,343 1 3,342 3,783 1 3,782

Power Marketing Administration ............................. 88 222 -135 714 1,015 -301 906 988 -82
Departmental administration ........... ....... ......... 31 ..... 31 193 ...... 193 234 ..... 234
Proprietary receipts from the public ... ............. ...... 92 -92 ...... 862 -862 ... 848 -848
Intrabudgetary transactions .................................. 42 ...... 42 -345 .... I -345 -231 ... -231
Offsetting governmental receipts ... ...... ....... ....... V I V *) ...... 4 -4 9 -9

Total-Department of Energy ............................ 1,536 315 1,222 9,904 1,682 8,022 10,772 1,846 8,927


10






Table 5. Outlays of the U.S. Government, March 1996 and Other Periods-Continued [S millions)

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Applicable Outlays Gross Applicable Outlays Gross jApplicablel Outlay.
Receipts Outlays Receipts Outlays Receipts
Gr
Ou
Department of Health and Human Services:
Public Health Service:
Food arid Drug Administration ......... 68 V 68 381 2 379 397 3 394
Health Resources and Services Administration .... __ ... 442 "2 1,780 1,780 1,232 1,232
Indian Health Services - .......... ...... 247 247 1,131 .... 1,131 1,127 ..... 1J27
Centers for Disease Control and Prevention ......... 205 205 1,208 1,208 872 872
National Institutes of Health ..... ....... .... 928 .... 928 4,742 4,742 5,100 ...... 5,100
Substance Abuse and Mental Health Services
Administration ....... ...... ....... 106 106 938 ...... 938 1,283 1,283
Agency for Health Care Policy and Research .... 9 9 63 .... 63 67 67
Assistant secretary for health ............ 50 ...... 50 344 ...... 344 256 256

Total-Public Health Service ........... ..... 2,056 2,055 10,587 2 10,585 10,333 3 10,330

Health Care Financing Administration:
Grants to States for Medicaid ....... ............. 7,787 7,787 43,952 ... 43,952 43,845 ... 43,845
Payments to health care trust funds .......... ...... 12,351 ...... 12,351 34.626 ...... 34,626 22,353 ... 22,353

Federal hospital insurance trust fund:
Benefit payments ... ....... ........ 10,335 ...... 10,335 59,970 ...... 59,970 54,559 ... 54,559
Administrative expenses ........... 76 ...... 76 572 ...... 572 613 ...... 613
Interest on normalized tax transfers ................... ...... ...... .. ... ...... ...... ......
Total-FHl trust fund ...... ... __ ....... .... 10,410 ... 10,410 60,542 ... 60,542 55,171 ...... 55,171

Federal supplementary medical insurance trust fund:
Benefit payments ... ... ........ ....... ........ 5,222 ...... 5,222 32,617 ...... 32,617 30,806 ..... 30,806
Administrative expenses ............. ................... 145 ...... 145 863 ... 863 834 ...... 834
Total-FSMI trust fund ......................... ..... 5,367 ...... 5,367 33,480 33,480 31,640 .... 31,640

O ther ......................... ............ ............ 4 ...... 4 8 ...... 8 22 ...... 22

Total-Health Care Financing Administration ..... ... 35,920 ...... 35,920 172,609 ...... 172,609 153,031 ...... 153,031

Administration for children and families:
Family support payments to States ....... ............ 1,080 1,080 8,624 ...... 8,624 8,684 ...... 8,684
Low income home energy assistance ........ 171 ...... 171 654 ...... 654 990 .... 990
Refugee and entrant assistance .... ............ 43 ...... 43 178 ...... 178 212 ..... 212
Payments to States for the job opportunities and basic
skills training program ...... .......... 70 ..... 70 450 ... 450 492 .... 492
State legalization impact assistance grants ............ ...... V 1 -2 .... -2 1 ...... 144
Payments to States for the child care and development
block grant ... ............ 59 ...... 59 496 ... 496 452 ...... 452
Social services block grant .................... ...... 241 I .... 241 1,395 ...... 1,395 1,417 .... I 1,417
Children and families services programs ................. 408 ...... 408 2,542 ...... 2,542 2,555 ...... 2,555
Payments to States for foster care and adoption
assistance ............. ............ ........ ........ 256 ...... 256 1,738 ...... 1,738 1,560 ...... 1,560
Other .... ....... ........... ............. ....... 2-23 ...... -23 84 .... I 84 9 ...... 9
Total-Administration for children and families ........ 2,306 ...... 2,306 16,157 ...... 16,157 16,515 ... 16,515

Administration on aging ...... ...... ............ ....... 73 ...... 73 382 ...... 382 480 .... 480
Departmental management .... ... ....... .... 20 ...... 20 130 I .... 130 208 ...... 208
Proprietary receipts from the public ........ ....... ... ...... 1,657 -1,657 ...... 10,203 -10,203 ..... 9,829 -9,829
Intrabudgetary transactions:
Payments for health insurance for the aged:
Federal hospital insurance trust fund .... ...... ...... ...... ...... ...... ...
Federal supplementary medical insurance trust fund -11,783 ...... -11,783 -32,915 ...... -32,915 -20,632 ...... -20,632
Payments for tax and other credits:
Federal hospital insurance trust fund .................. -568 ...... -568 -1,711 ...... -1,711 -1,721 ..... -1,721
O ther ......................... ............. ... ...... ...... ...... ...... ...... ....

Total-Department of Health and Human Services 28,023 1,657 26,366 165,240 10,205 155,035 158,214 9,831 148,393















11






Table 5. Outlays of the U.S. Government, March 1996 and Other Periods-Confinued [$ millions]

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross Applicable Outlays Gross Applicable Outlays Gross JApplicable
Outlays I Receipts Outlay's Receipts Outlays Receipts outlays

Department of Housing and Urban Development:
Housing programs:
Public enterprise funds .................................... 8 6 3 63 36 27 80 54 26
Credit accounts:
Federal housing administration fund .................... 556 682 -127 4,170 5,283 -1,113 3,932 3,787 145
Housing for the elderly or handicapped fund .......... -10 56 -66 217 293 -76 -277 329
Other ..................................................... 59 ...... 59 324 ...... 324 285 ..... 285
Rent supplement payments ............................... 9 ...... 9 57 ...... 57 68 ...... 68
Homeownership assistance ................................ 9 ...... 9 52 ...... 52 59 ...... 59
Rental housing assistance ................................. 52 ...... 52 328 ...... 328 324 ...... 324
Rental housing development grants ...................... ...... ...... ...... ...... ...... ... C I ...... V I
Low-rent public housing ................................... 42 ...... 42 398 ...... 398 413 ...... 413
Public housing grants .................. .................. 336 ...... 336 2,010 ...... 2,010 1,804 ..... 1,804
College housing grants .................................... 1 ...... 1 8 V 1 8 9 V 1 9
Lower income housing assistance ........................ 1,077 ..... 1 1,077 4,443 ...... 4,443 4,931 ...... 4,931
Section 8 contract renewals .............................. 938 ...... 938 2,915 ...... 2,915 2,470 ...... 2,470
Other ....................................................... 39 ...... 39 174 ...... 174 86 ...... 86
Total-Housing programs ............................... 3,116 744 2,372 15,159 5,612 9,547 14,739 4,170 10,569

Public and Indian Housing programs:
Low-rent public housing-Loans and other expenses ... 4 4 244 187 57 254 197 57
Payments for operation of low-income housing
projects ................................................... 225 ...... 225 1,387 ...... 1,387 1,325 ...... 1,325
Community Partnerships Against Crime .................. 23 ...... 23 114 ...... 114 78 ...... 78
O ther ....................................................... 7 ...... 7 42 ...... 42 8 ...... 8
Total-Public and Indian Housing programs ........... 260 260 1,787 187 1,600 1,665 197 1,468

Government National Mortgage Association:
Management and liquidating functions fund .............. ...... ...... ...... ...... V I V I ... V I V I
Guarantees of mortgage-backed securities ............... 9 46 -36 103 396 -293 196 421 -226
Total-Government National Mortgage Association .... 9 46 -36 103 397 -294 196 422 -226

Community Planning and Development:
Community Development Grants .......................... 360 ...... 360 2,279 ...... 2,279 2,118 ...... 2,118
Home investment partnerships program .................. 102 ...... 102 578 ...... 578 582 ..... 582
Other ....................................................... 29 10 19 182 59 123 159 61 97
Total-Community Planning and Development ......... 491 10 481 3,039 59 2,979 2,859 61 2,797

Management and Administration ............................ 66 ...... 66 352 .... 352 251 ...... 251
O ther ......................................................... 5 ...... 5 25 ...... 25 31 ...... 31
Proprietary receipts from the public ......................... ...... 19 -19 ...... 136 -136 ...... 233 -233
Offsetting governmental receipts ............................ ....... 6 -6 ...... 6 -6 ...... 5 -5

Total-Department of Housing and Urban
Development ............................................. 3,947 825 3,122 20,465 6,396 14,069 19,742 SIOB9 14,653

Department of the Interior:
Land and minerals management:
Bureau of Land Management:
Management of lands and resources .................. 44 ...... 44 324 ...... 324 383 ...... 383
Other ..................................................... 15 ...... 15 94 ...... 94 236 ...... 236
Minerals Management Service ............................ 58 ..... 58 323 ...... 323 363 ...... 363
Office of Surface Mining Reclamation and
Enforcement .............................................. 18 ...... 18 176 .... 176 165 ...... 165
Total-Land and minerals management ................ 136 ...... 136 916 ...... 916 1,146 ...... 1,146

Water and science:
Bureau of Reclamation:
Construction program ... ....................... 21 ...... 21 126 ...... 126 151 ...... 151
Operation and maintenance ............................. 18 ...... 18 117 ...... 117 130 ...... 130
Other ................ .................................... 33 16 17 191 66 125 209 98 ill
Central utah project ..................... ................. 6 ...... 6 27 ...... 27 25 ...... 25
United States Geological Survey .......................... 26 ..... 26 225 ...... 225 265 ...... 265
Bureau of Mines ....... ................................. 12 3 9 79 13 66 88 13 75
Total-Water and science .......... ....... ... 116 19 97 767 80 687 868 ill 757

Fish and wildlife and parks:
United States Fish and Wildlife Service .................. 112 .... 112 617 ...... 617 611 .... 611
National Biological Survey ... ........... .......... ....... 12 ...... 12 62 ...... 62 65 ...... 65
National Park Service ...................................... 110 110 715 .... 715 773 ...... 773
Total-Fish and wildlife and parks ................. .. 234 .... 234 1,395 ...... 1,395 1,449 ...... 1,449


12






Table 5. Outlays of the U.S. Government March 1996 and Other Periods-Continued [$ millions)

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

Department of the Interion-Confinued
Bureau of Indian Affairs:
Operation of Indian programs ..... ....... ... 156 156 730 730 807 .... 807
Indian tribal funds ...... ...... ___ ........ ........ 27 .... 27 139 139 101 101
Other ......... .............. ........ 20 3 17 164 8 156 207 6 201
Total-Bureau of Indian Affairs ....... .... 203 3 200 1,033 8 1,025 1,115 6 1,109

Territorial and international affairs ........ ............ 7 ..... 7 174 .... 174 353 ..... 353
Departmental offices .. ...... ... ............ ........ -2 -2 55 55 50 ... 50
Proprietary receipts from the public .... .................... ...... 162 -162 ...... 869 -869 ..... 938 -938
Intrabudgetary transactions .. ...... ....... __ ........ -24 -24 -121 1 ... -121 -112 ...... -112
Offsetting governmental receipts ........... ........... ... ...... V V I ...... V I V 1 3 -3

Total-Department of the Interior ....................... 669 184 485 4,219 957 3,262 4,870 1,058 3,812

Department of Justice:
Legal activities ....... .............................. 273 ...... 273 1,322 ...... 1,322 1,298 1,298
Federal Bureau of Investigation .... ....................... 175 ... 175 1,111 ... 1,111 987 ...... 987
Drug Enforcement Administration ........... ................ 1 .... 1 358 358 458 ... 458
Immigration and Naturalization Service ...................... 182 ...... 182 1,016 ..... 1,016 3825 ...... 825
Federal Prison System ................. 244 10 234 1,537 66 1,471 1,371 63 1,309
Office of Justice Programs ....... ............... ... 143 ...... 143 548 ...... 548 291 291
Other ... ...... ...................... .................. -30 ...... -30 195 ...... 195 432 ...... 432
Intrabudgetary transactions .... ....... ...... 4 ...... 4 -18 ..... -18 -27 .... -27
Offsetting governmental receipts ....... ................... ...... 61 -61 ... ... 406 -406 ...... 358 -358
Total-Department of Justice ........................... 991 72 920 6,068 472 5,596 5,635 421 5,214

Department of Labor
Employment and Training Administration:
Training and employment services ......... .............. 339 ...... 339 1,992 ...... 1,992 2,103 ...... 2,103
Community Service Employment for Older Americans ... 29 ...... 29 202 ...... 202 191 ...... 191
Federal unemployment benefits and allowances ....... 31 ... 31 149 ...... 149 140 ...... 140
State unemployment insurance and employment service
operations .............. ................................. 43 ...... 43 85 ...... 85 38 ...... 38
Payments to the unemployment trust fund .............. ... ...... ...... ...... ...... ..... ...... ...... ......
Advances to the unemployment trust fund and other
funds .. ........... ............. ......................... ...... .... .... ...... ... ..... 573 ...... 573

Unemployment trust fund:
Federal-State unemployment insurance:
State unemployment benefits ......................... 2,304 ...... 2,304 12,026 ...... 12,026 11,249 ...... 11,249
State administrative expenses ..... .................. 252 ..... 1 252 1,584 ...... 1,584 1,628 ...... 1,628
Federal administrative expenses ....... .............. 34 ... 34 130 ...... 130 127 ...... 127
Veterans employment and training ................... 15 .... I 15 77 ... 77 93 ...... 93
Repayment of advances from the general fund ..... ...... ...... ...... ...... ...... ...... ...... .... I I ....
Railroad unemployment insurance ............... I ....... 7 ...... 7 39 .... 39 35 ...... 35
O ther ........... ........ ................................ 1 1 10 ...... 10 10 ...... 10
Total-Unemployment trust fund ..................... 2,613 ...... 2,613 13,865 ...... 13,865 13,141 ..... 1 13,141

Other .......... .................... 4 ...... 4 37 ...... 37 45 ...... 45

Total-Employment and Training Administration ....... 3,060 .... 3,060 16,329 ... 16,329 16,231 ...... 16,231

Pension Benefit Guaranty Corporation .................... 79 323 -245 484 723 -239 789 1,010 -220
Employment Standards Administration:
Salaries and expenses .......... ......................... 15 ...... 15 108 ...... 108 121 ...... 121
Special benefits ... ......................................... 109 ...... 109 91 ..... 91 -345 ...... -345
Black lung disability trust fund ......... .................. 43 ... 43 271 ...... 271 286 ...... 286
O ther .... ............................ .............. 9 ...... 9 70 ...... 70 69 .... 1. 69
Occupational Safety and Health Administration ........... 18 1 ..... 18 137 ...... 137 149 ...... 149
Bureau of Labor Statistics ... .... ....... ................ 40 ...... 40 125 ...... 125 135 ... 135
Other ............................. ........................... 27 ...... 27 223 ..... 223 234 ... 234
Proprietary receipts from the public ........................ ...... 1 -1 3 -3 ...... 3 -3
Intrabudgetary transactions .............. ................... -87 ...... -87 -302 ...... -302 -909 ...... -909

Total-Department of Labor ............................. 3,315 325 2,990 17,537 726 16,811 16,761 1,013 15,748










13




I


Table 5. Outlays of the U.S. Government, March 1996 and Other Periods-Continued ($ millions]

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

Department of State:
Administration of Foreign Affairs:
Diplomatic and consular programs ........................ 175 ...... 175 911 ..... 911 760 ...... 760
Acquisition and maintenance of buildings abroad ........ 40 ...... 40 271 ...... 271 265 ...... 265
Payment to Foreign Service retirement and disability
fund ................. : ..................................... ...... ...... ...... 56 ...... 56 129 ...... 129
Foreign Service retirement and disability fund ........... 38 ...... 38 228 ...... 228 226 ...... 226
Other ....................................................... 37 ...... 37 184 ...... 184 266 ...... 266
Total-Administration of Foreign Affairs ............... 290 ...... 290 1,649 ...... 1,649 1,646 ...... 1,646

International organizations and Conferences ................ 78 ...... 78 521 ...... 521 1,229 ...... 'I'm
Migration and refugee assistance ........................... 44 ...... 44 282 ...... 282 349 ...... 349
Other ......................................................... 20 ...... 20 114 ...... 114 49 ...... 49
Proprietary receipts from the public ......................... ...... ...... ...... ...... ...... ...... ...... ...... ......
Intrabudgetary transactions .................................. (* I ...... V 1 -100 ...... -100 -182 .... I -182
Offsetting governmental receipts ............................ ...... ...... ...... ...... ...... ...... ...... ...... ......

Total-Department of State .............................. 432 432 2,466 ...... 2,466 3,092 ...... 3,092

Department of Transportation:
Federal Highway Administration:
Highway trust fund:
Federal-aid highways .......... ......................... 1,455 ...... 1,455 9,089 ...... 9,089 8,735 ...... 8,735
Other ..................................................... 17 ...... 17 94 ...... 94 86 ..... 86
Other programs ............................................ 12 ...... 12 108 ...... 108 96 ...... 96
Total-Federal Highway Administration ................. 1,483 1 ..... 1,483 9,291 ...... 9,291 8,917 ...... 8,917

National Highway Traffic Safety Administration ............. 11 ...... 11 126 ...... 126 127 ...... 127

Federal Railroad Administration:
Grants to National Railroad Passenger Corporation ..... I ...... 1 390 ...... 390 547 ...... 547
Other ....................................................... 36 1 35 138 6 131 100 5 95
Total-Federal Railroad Administration ................. 37 1 36 528 6 522 648 5 642

Federal Transit Administration:
Formula grants ............................................. 101 ...... 101 351 .... 351 503 ...... 503
Discretionary grants ....................................... 211 ...... 211 1,104 ...... 1,104 993 ...... 993
Other ....................................................... 32 ...... 32 709 ...... 709 830 ...... 830
Total-Federal Transit Administration .................. 344 ...... 344 2,164 ...... 2,164 2,326 ...... 2,326

Federal Aviation Administration:
Operations ................................................. 196 ...... 196 1.219 ...... 1,219 1,123 ...... 1,123

Airport and airway trust fund:
Grants-in-aid for airports .............. ................. 116 ...... 116 852 ...... 852 985 ...... 985
Facilities and equipment ................................ 199 ...... 199 1,147 ...... 1,147 1,260 ...... 1,260
Research, engineering and development ............... 22 ...... 22 115 ...... 115 107 ...... 107
Operations ... .......................................... 185 ...... 185 1,111 ...... 1,111 1,321 ...... 1,321
Total-Airport and airway trust fund ................ 522 ...... 522 3,225 ...... 3,225 3,673 ...... 3,673

Other .... .................................................. V I V I V I V 1 1 -1 V .) V I V I

Total-Federal Aviation Administration ................. 718 V 1 718 4,445 1 4,444 4,797 V 1 4,796

Coast Guard:
Operating expenses ....................................... 240 ...... 240 1,209 ... 1,209 1,298 ...... 1,298
Acquisition, construction, and improvements ............. 12 ...... 12 173 ...... 173 127 ...... 127
Retired pay ................................................ 59 ...... 59 282 ...... 282 268 ...... 268
Other ............................................. ......... 33 V 1 32 106 3 103 154 3 151
Total-Coast Guard ........ ........................ 344 V 1 343 1,770 3 1,767 1.846 3 1,844

Maritime Administration ...................................... 73 98 -25 307 159 148 368 80 288
Other ......................................................... 21 1 19 145 4 141 205 4 200
Proprietary receipts from the public ...... .................. ...... V I V I ...... 2 -2 ...... 3 -3
Intrabudgetary transactions ................................. .... ...... ...... 7 ...... 7 ...... ...... ......
Offsetting governmental receipts ....... .......... ......... ... 14 -14 ...... 39 -39 ..... 27 -27

Total-Department of Transportation ................... 3,030 115 2,915 18,782 215 16,567 19,234 122 19,111







14






Table 5. Outlays of the U.S. Government, March 1996 and Other Periods-Continued [$ millions)

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification
Gross JApplicablel Outlays Gross Applicabi Outlays Gross Applicable Oud
utlays Receipts Outlays ]ipepcefpt. Outlays Receipts

Department of the Treasury:
Departmental offices:
Exchange stabilization fund ....... -12 15 -28 -806 70 -875 -1,262 10 -1,272
Other ....... .... ............... ........ 8 ...... 8 206 ... 206 98 ..... 98

Financial Management Service:
Salaries and expenses .............. ...... 19 19 119 119 126 .... 126
Payment to the Resolution Funding Corporation ........ ...... ...... ...... 1,164 1,164 1,164 1 ... 1,164
Claims, judgements, and relief acts ......... ........ 57 ...... 57 440 ..... 440 389 .... 389
Net interest paid to loan guarantee financing accounts 15 15 48 ... 48 766 ...... 766
Other ............. ........... .................. 4261 ...... 261 300 ... 300 60 ... 60
Total-Financial Management Service ....... ..... 352 ...... 352 2,071 ...... 2,071 2,505 ...... 2,505

Federal Financing Bank ....... ......... ........ .... -113 ... -113 4 ...... 4 8 ... 8
Bureau of Alcohol, Tobacco and Firearms:
Salaries and expenses ...... ............ ....... 36 ...... 36 159 ... 159 189 189
Internal revenue collections for Puerto Rico ..... .... __ 9 ...... 9 115 ... 115 108 108
United States Customs Service ... ............ 143 ...... 143 918 .... 918 898 ... 898
Bureau of Engraving and Printing .......................... 3 ... ... 3 33 33 67 ...... 67
United States Mint .. .............. ..... __ ................ 64 182 -118 269 622 -353 -62 ... -62
Bureau of the Public Debt ... ......................... 46 ...... 46 151 ...... 151 145 ..... 145

Internal Revenue Service:
Processing, assistance, and management ................ 104 .... 104 704 ...... 704 866 ...... 866
Tax law enforcement .... ........... .................. 291 ...... 291 2,091 ...... 2,091 2,046 ...... 2,046
Information systems .................................. .... 101 ... 101 693 ...... 693 730 ...... 730
Payment where earned income credit exceeds liability
for tax .......... .............. ..................... 7,221 .... 7,221 13,826 ...... 13,826 7,878 ...... 7,878
Health insurance supplement to earned income credit .. .. .... ...... ...... ...... ...... ...... .... ...... ......
Refunding internal revenue collections, interest ..... .... 242 ...... 242 1,145 ...... 1,145 1,592 ...... 1,592
Other ............ __ ....... .......... ............ .... C I ... C *) C I ...... C 1 3 3
Total-internal Revenue Service ............... ....... 7,959 ...... 7,959 18,459 ...... 18,459 13,114 ...... 13,114

United States Secret Service ........... ....... ............ 41 ...... 41 267 ..... 1 267 271 ...... 271
Comptroller of the Currency ............ ........... 28 2 26 187 191 -4 216 196 20
Office of Thrift Supervison ................. ............. 15 1 13 89 75 14 85 78 7

Interest on the public debt:
Public issues (accrual basis) ...... ...... ............. 20,470 ... 20,470 120,929 ..... 120,929 114,018 ...... 114,018
Special issues (cash basis) ........................ .... 269 ...... 269 50,022 .... 50,022 47,967 I .... 47,967
Total-Interest on the public debt .... ................ 20,739 ...... 20,739 170,951 ...... 170,951 161,985 ...... 161,985

O ther ...... ........ ................ ................ 9 9 40 ...... 40 25 ...... 25
Proprietary receipts from the public ........... ............. .... 491 -491 ... ... 2,077 -2,077 2.384 -2,384
Receipts from off-budget federal entities ................... ...... ...... ...... ...... ...... ...... ...... ......
Intrabudgetary transactions ..... ....................... -654 ...... -654 -4,037 ...... -4,037 -4,629 ...... -4,629
Offsetting governmental receipts ................... ........ ... ... 70 -70 ..... 583 -583 .... 515 -515

Total-Department of the Treasury ..................... 28,671 762 27,909 189,075 3,616 185,459 173,761 3,183 170,577



























15






Table 5. Outlays of the U.S. Government, March 1996 and Other Periods-Confinued ($ millions]

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross Applicable Gross Applicable Gross JApplk:able
Outlays Outlays Ot Outlays
Outlays Receipts Outlays I Receipts utlays Receipts

Department of Veterans Affairs:
Veterans Health Administration:
Medical care ............... ............................... 1,297 ...... 1,297 7,845 ...... 7,845 7,881 ...... 7,881
Other ........................................ .............. 48 17 32 309 99 210 346 138 208

Veterans Benefits Administration:
Public enterprise funds:
Guaranty and indemnity fund ........................... 139 56 83 498 313 185 365 237 128
Loan guaranty revolving fund ................. ... 48 29 19 199 169 30 259 201 57
Other ..................................................... 12 7 5 69 59 9 94 62 32
Compensation and pensions .............................. 1,569 ...... 1,569 7,713 ...... 7,713 8,853 ...... 8,853
Readjustment benefits .................. .................. 127 ...... 127 649 ...... 649 665 ..... 665
Post-Vietnam era veterans education account ........... 5 ...... 5 22 ...... 22 37 ...... 37
Insurance funds:
National service life ...... .............................. 127 ...... 127 598 ...... 598 612 ...... 612
United States government life .......................... 2 ...... 2 8 ...... 8 9 ...... 9
Veterans special life ..................................... 15 3 12 74 89 -15 74 89 -15
O ther ............... ....................................... 6 ...... 6 10 ...... 10 15 ...... 15
Total-Veterans Benefits Administration ............... 2,048 95 1,953 9,838 631 9,207 10,982 589 10,393

Construction .................................................. 58 ... 58 341 V 1 341 316 V 1 316
Departmental administration ................................. 18 ..... 18 473 ... 473 574 ...... 574
Proprietary receipts from the public:
National service life ........................................ ...... 22 -22 ...... 118 -118 ...... 138 -138
United States government life ............................ ...... ...... V I V I ...... V I V I
Other ....................................................... ...... 48 -48 ...... 333 -333 ...... 358 -358
Intrabudgetary transactions .................................. -1 -1 -6 ...... -6 -15 ...... -15

Total-Department of Veterans Affairs ................. 3,468 182 3,287 18,801 1,182 17,619 20,085 1,223 18,862

Environmental Protection Agency:
Program and research operations ........................ V I C 1 44 ... 44 450 ...... 450
Abatement, control, and compliance ........................ 126 ...... 126 850 ...... 850 716 ...... 716
Water infrastructure financing ....................... ....... 221 ...... 221 1,338 ...... 1,338 1,168 ...... 1,168
Hazardous substance superfund ............................ 113 ...... 113 669 ...... 669 677 ...... 677
Other .. ................ ..................................... 42 V *) 42 280 V *) 280 470 V 1 470
Proprietary receipts from the public ......................... ..... 1 20 -20 ...... 115 -115 ...... 150 -150
Intrabudgetary transactions .................................. ...... ...... ...... ...... ...... ..... -250 ...... -2,50
Offsetting governmental receipts ............................ ...... 1 -1 ...... 5 -5 ...... 4 -4
Total-Environmental Protection Agency ............... 502 22 481 3,180 121 3,059 3,231 155 3.077

General Services Administration:
Real property activities ...................................... 68 ...... 368 1,381 ...... 1,381 496 ...... 496
Personal property activities .................................. 9 ...... 9 -83 .. .... -83 -5 ...... -5
Other ............... ......................................... 20 ...... 20 308 ...... 308 217 ...... 217
Proprietary receipts from the public ................ ........ ...... V I (* I ...... 15 -15 -1 1
Total-General Services Administration ................ 396 V 1 396 1,606 is 1,591 706 -1 709

National Aeronautics and Space Administration:
Human space flight .......................................... 424 ...... 424 2,594 ...... 2,594 1,065 ...... 1,065
Science, aeronautics and technology ........................ 376 ..' ... 376 2,233 2,233 953 ...... 953
M ission support .............................................. 181 ...... 181 1,098 ..... 1,098 889 ...... 889
Research and development .................... ............. 48 .. .... 48 335 ..... 335 2,242 ...... 2,242
Space flight, control and data communications ............. 7 ...... 7 146 ..' ... 146 1,071 ...... 1 071
Construction of facilities ................................ .... 20 ...... 20 141 ...... 141 156 ...... 156
Research and program management ............. .... ... V *) I .... C 1 3 ...... 3 89 ..... 89
O ther ......................................................... 1 ... 1 8 ...... 8 7 ...... 7
Total-National Aeronautics and Space
Administration ............................................ 1,057 ...... 1,057 6,558 ...... 6,658 6,472 ...... 6,472

Office of Personnel Management:
Government payment for annuitants, employees health
and life insurance benefits .... .......................... 305 ...... 305 1,733 .... 1,733 1,987 ...... 1,987
Payment to civil service retirement and disability fund ..... ...... ...... ...... .... I ... ... ... ...... ......
Civil service retirement and disability fund .................. 3,350 .... 3,350 19,542 .... 19,542 18,946 ...... 18,946
Employees life insurance fund ............................... 136 124 12 814 1,303 -489 806 1,261 -456
Employees and retired employees health benefits fund .... 1,341 1,257 84 7,841 7,669 172 7,737 8,027 -290
O ther ...................... ................................. 8 8 14 ...... 14 35 ...... 35
Intrabudgetary transactions:
Civil service retirement and disability fund:
General fund contributions .............................. ...... ...... ... ...... ......
Other ..... ................... ............... -2 ...... -2 -14 ..... -14 -16 ...... -16
Total-Office of Personnel Management ............... 5,139 1,381 3,758 29,930 8,972 20,959 29,494 9,288 20,205

16






Table 5. Outlays of the U.S. Government, March 1996 and Other Periods-Confinued 1$ mollons)

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

Small Business Administration:
Public enterprise funds:
Business loan fund ........... ....... .... 46 40 6 318 231 88 186 169 17
Disaster loan fund .......... ... 24 27 -3 222 168 54 291 127 164
Other .. ...... __ ... ____ .... 1 1 1 6 7 V 1 11 7 4
Other ... .......... ......... ....... ____ ........ 38 .... 38 244 V 1 244 288 C 1 288
Total-Small Business Administration .................. 109 68 41 791 405 386 776 304 473

Social Security Administration:
Payments to Social Security trust funds ................... 25 ...... 25 2,701 ...... 2,701 2,259 2,259
Special benefits for disabled coal miners .... .............. 56 ...... 56 338 ...... 338 365 365
Supplemental security income program 2,305 ... 2,305 11,627 ... ... 11,627 13,007 ...... 13,007
Office of the Inspector General .. ... .... ............ -1 ...... -1 4 .... 4 ......

Federal old-age and survivors insurance trust fund (offbudget):
Benefit payments .... ........... .... 25,253 ...... 25,253 148,688 ...... 148,688 142,789 ...... 142,789
Administrative expenses ....... ..... 84 ...... 84 828 1 ..... 828 725 725
Payment to railroad retirement account ... I ..... .... ...... ...... .... ...... ...... ...... ....
Quinquennial military service credit adjustment ........ ... ... ...... ...... 129 ...... 129 ... ... ......
Total-FOASI trust fund .............. .... 25,337 ...... 25,337 149,646 ... ... 149,646 143,514 ... 143,514

Federal disability insurance trust fund (off-budget):
Benefit payments ....... _._ ... ........... ..... 3,714 ...... 3,714 21,087 ...... 21,087 19,650 ... 19,650
Administrative expenses ............. ............. ....... 71 ...... 71 512 ...... 512 556 ..... 556
Payment to railroad retirement account .... ............. ...... ...... ...... ...... I ..... ...... ......
Quinquennial military service credit adjustment ........... V I ...... V 1 203 .... I 203 ......
Total-FDI trust fund ......... ...... ................. 3,786 ...... 3,786 21,802 ...... 21,802 20,205 ...... 20,205

Proprietary receipts from the public:
On-budget ............. ....... ....... .... ...... 94 -94 ...... 393 -393 ..... 311 -311
Off-budget .. ........... ...... ...... 6 -6 9 -9 4 -4
Intrabudgetary transactions:
On-budget:
Quinquennial Adjustment for Military Service
Credits from FOASI and FDI: ...... ............ .... ...... ...... ...... -332 ...... -.332 .....
Off-budgets ...... ................ .............. ... -25 -25 -2,701 ... ... -2,701 -2,258 ...... -2,258
Total-Social Security Administration ................... 31,483 100 31,384 183,085 402 182,683 177,091 315 176,776

Other independent agencies:
Board for International Broadcasting ........................ C I ...... V I V I ...... V 1 94 ... 94
Corporation for National and Community Service ......... 40 ...... 40 220 ...... 220 6211 ...... 211
Corporation for Public Broadcasting .... ............... ...... ...... ...... 275 ...... 275 236 ... 286
District of Columbia:
Federal paym ent ...... .......................... ...... ...... ...... 457 ...... 457 714 ...... 714
O ther ... ....... ........................................ 1 ...... 1 1 12 11 1 12 11
Equal Employment Opportunity Commission ... ..... 15 .... 15 104 V 1 104 123 V 1 123
Export-import Bank of the United States ..... ......... 52 57 -5 220 687 -466 852 556 296
Federal Communications Commission ....... ............... 2_99 3 -101 85 11 74 78 30 49

Federal Deposit Insurance Corporation:
Bank insurance fund ............ ......... ............ 156 97 59 623 1,343 -720 1,364 5,903 -4,539
Savings association insurance fund ..... ........ 3 145 -142 135 7550 -515 24 528 -504
FSLIC resolution fund:
Resolution Trust Corporation closeout ........ ....... 82 720 -638 516 5,608 -5,092 2,832 8,928 -6,096
Other ... ....... .............. ........ 34 67 -33 803 477 326 1,170 628 541
Affordable housing and bank enterprise ....... C I ...... V 1 1 1 3 ...... 3
Total-Federal Deposit Insurance Corporation ............ 275 1,029 -753 1,978 7,978 -6,000 5,393 15,987 -10,595

Federal Emergency Management Agency:
Public enterprise funds .......... ...... .................. 124 25 99 492 142 351 257 159 98
Disaster relief ... ...... 183 ...... 183 1,043 ... 1,043 1,291 1,291
Emergency management planning and assistance ....... 19 ...... 19 117 ..... 1 117 132 ...... 132
Other .......... ....... ................................... 24 V 1 23 123 10 113 159 6 153
Federal Trade Commission ........ ....................... 8 ...... 8 47 ...... 47 38 ..... 38
Interstate Commerce Commission .... C I ...... V 1 8 ..... 1 8 20 ..... 20
Legal Services Corporation .................................. 22 .... 22 118 ...... 118 227 ...... 227
National Archives and Records Administration .............. 13 V 1 12 93 V 1 92 119 V 1) 119
National Credit Union Administration:
Credit union share insurance fund ............... 56 54 2 93 51 42 -13 169 -182
Central liquidity facility ........... ................... ...... ...... .... ...... ..... .... 5 5 C I
Other ....... ........... ........ ......... -13 V 1 -13 -15 3 -17 -8 2 -11


17






Table 5. Outlays of the U.S. Government, March 1996 and Other Periods-Confinued [$ millions]

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification Gross Applicable Outlays Gross Applicable Outlays Gross Applicable
Outlays Receipts Outlays Receipts ava I Receipts outlays

Other independent agencies:-Continued
National Endowment for the Arts .......................... 10 ...... 10 72 ...... 72 92 ...... 92
National Endowment for the Humanities .................... 10 1 ..... 10 73 ...... 73 81 .. .... 81
National Labor Relations Board ............................. 12 ...... 12 79 ...... 79 87 ...... 87
National Science Foundation ..... ........................... 240 ..... 1. 240 1,337 ...... 1,337 1,263 ...... 1,263
Nuclear Regulatory Commission ......................... ... 42 11 31 243 235 8 264 268 -4
Panama Canal Commission .................................. 48 52 -3 299 323 -25 276 306 -31
Postal Service:
Public enterprise funds (off-budget) ....................... 4,016 4,690 -674 26,481 28,977 -2,496 24,930 27,781 -2,851
Payment to the Postal Service fund ...................... ...... ...... ...... 79 ...... 79 84 ...... 84

Railroad Retirement Board:
Federal windfall subsidy ................................... 20 ...... 20 119 ...... 119 128 ...... 128
Federal payments to the railroad retirement accounts C C 1 102 ... 102 109 ...... 109
Rail industry pension fund:
Benefit payments ........................................ 240 ...... 240 1,415 ...... 1,415 1,395 ...... 1,395
Advances from FOASDI fund ........................... -93 ...... -93 -555 ...... -555 -548 ...... -548
OASDI certifications ..................................... 93 ...... 93 555 ...... 555 548 ...... W
Administrative expenses ................................. 5 ...... 5 34 ...... 34 3 ...... 35
Interest on refunds of taxes ............................ 2-13 ...... -13 23 ...... 23 16 ...... 16
O ther ...... .............................................. 1 ...... 1 3 ...... 3 3 ...... 3
Intrabudgetary transactions:
Payments from other funds to the railroad
retirem ent trust funds ............................... ... ...... ...... ...... ...... ...... ...... ...... .....
Other .................................................. ...... ...... -102 ...... 102 109 ..... 109
Supplemental annuity pension fund:
Benefit payments ........................................ 7 ...... 7 44 ..... 44 46 ...... 46
Interest on refund of taxes ............................. V ...... V I I ...... 1 1 ...... 1
Railroad Social Security equivalent benefit account:
Benefit payments ........................................ 413 ...... 413 2,470 ... 2,470 2,451 ..... 2,451
Interest on refund of taxes ............................. 9 9 ...... -9 19 ...... '19 V I ...... V I
O ther ....................................................... V I ...... C I I ...... 1 1 ...... 1
Total-Railroad Retirement Board ...................... 664 ...... 664 4,126 ...... 4,126 4,077 ...... 4,077

Oversight Board .............................................. I ...... V 1 558 ...... 558 -3 ...... -3
Securities and Exchange Commission ...................... 3 ...... 3 7 ...... 7 62 ...... 62
Smithsonian Institution ................ ...................... 35 ...... 35 209 ...... 209 217 ...... 217
Tennessee Valley Authority .................................. 668 775 -106 4,564 4,266 297 4,763 3,864 899
United States Information Agency ........................... 92 V 1 92 585 V 1 585 568 V I 5W
Other ............... ......................................... 169 149 20 1,317 984 333 1,437 1,136 301

Total-Other independent agencies .................... 6,727 6,844 -117 45,486 43,680 1,806 48,176 50,291 -2,105

Undistributed offsetting receipts:
O ther interest ................................................ ...... ...... ...... ...... C V *11 ...... C I

Employer share, employee retirement:
Legislative Branch:
United States Tax Court:
Tax court judges survivors annuity fund ............ ...... ...... ...... V I ...... V I V I ..... V I
The Judiciary:
Judicial survivors annuity fund .......................... ...... ...... ...... ...... ...... ...... ...... ...... ......
Department of Defense-Civil:
Military retirement fund ................................. -938 ...... -938 -5,552 ...... -5,552 -6,107 ..... -6,107
Department of Health and Human Services:
Federal hospital insurance trust fund:
Federal employer contributions ....................... -100 ...... -100 -910 ...... -910 -909 ... -909
Postal Service employer contributions ........... ... -43 -43 -241 ...... -241 -276 ...... -276
Paym ents for m ilitary service credits ................ ...... ...... ...... .... ...... ...... ...... ...... ......
Department of State:
Foreign Service retirement and disability fund ......... -12 ...... -12 -55 ...... -55 -55 ...... -55
Office of Personnel Management:
Civil service retirement and disability fund ............. -804 ...... -804 -5,026 ...... -5,026 -4,843 ...... -4,843
Social Security administration (off-budget):
Federal old-age and survivors insurance trust fund:
Federal employer contributions ....................... -326 ...... -326 -2,443 ...... -2,443 -2,504 ...... -2,504
Payments for military service credits ................ ...... ...... .... ...... ...... ... 17 ..... 17
Federal disability insurance trust fund:
Federal employer contributions .......... ............ -58 ...... -58 -436 ...... -436 ......
Payments for military service credits ................ ...... ...... ...... ..... ...... ...... -17 ...... -17
Independent agencies:
Court of veterans appeals retirement fund .. .......... ...... ...... .... V I ...... V 1) ...... ......
Total-Employer share, employee retirement I ......... -2,282 ...... -2,282 -14,663 ...... -14,663 -15,141 ...... -15,141


18






Table 5. Outlays of the U.S. Government, March 1996 and Other Periods-Continued [$ millions)

This Month Current Fiscal Year to Date Prior Fiscal Year to Date
Classification
Gross Applicable Outlays Gross Applicable Outlay, Gross Applicable Outlays
Outlays Receipts Outlays I Receipts Outlays Receipts [0

Undistributed offsetting receipts:-Continued
Interest received by trust funds:
The Judiciary:
Judicial survivors annuity fund V I C 1 -11 -9 9
Department of Defense-Civil:
Corps of Engineers ... ...... .......... ...... -2 -2 -11 -9 9
Military retirement fund ........ .......... 92 92 -5,689 -5,689 -5,541 -5,541
Education benefits fund ......... .......... __ C I ..... C 1 -19 -19 -22 -22
Soldiers' and airmen's home permanent fund ...... V 1) ...... V 1) -3 -3 -5
O ther .. .... .......... ............... ....... ...... ...
Department of Health and Human Services
Federal hospital insurance trust fund .... ........ -29 ... -29 -5,232 ..... -5,232 -5,381 -5,381
Federal supplementary medical insurance trust fund -21 ...... -21 -601 ...... -601 -955 -955
Department of Labor:
Unemployment trust fund ....... ........ ........ -23 ...... -23 -1,704 -1,704 -1,351 -1,351
Department of State:
Foreign Service retirement and disability fund ........ C I ... V 1 -312 -312 -299 -299
Department of Transportation:
Highway trust fund -8 ...... -8 -605 .... -605 -543 ... -543
Airport and airway trust fund -8 -8 -405 ... -405 -388 -388
Oil spill liability trust fund ..... ............. -1 -1 -4 -4 -4 -4
Department of Veterans Affairs:
National service life insurance fund ..... ........ -1 -1 -527 -527 -535 -535
United States government life Insurance Fund ... V I ...... C 1 -4 -4 -4 -4
Environmental Protection Agency .............. V I
National Aeronautics and Space Administration ......... V I ...... C 1 -1 -1 -1 -1
Office of Personnel Management:
Civil service retirement and disability fund ............. -13 -13 -14,242 ...... -14,242 -13,886 .... -13,886
Social Security administration (off-budget):
Federal old-age and survivors insurance trust fund -101 ... -101 -16,676 ...... -16,676 -15,285 .... -15,285
Federal disability insurance trust fund .... ....... -10 ...... -10 -1,118 -1,118 -851 ... -851
Independent agencies:
Railroad Retirement Board ... ........... ........ -6 -6 -638 ... -638 -349 .... -349
Other ...... ......................... V I ...... C *) -16 -16 -9 ...... -9
Other ...................... ....... ...................... -11 -11 -34 ...... -34 -105 -105
Total-interest received by trust funds ............ ... -143 ...... -143 -47,851 -47,851 -45,534 ... -45,534
Rents and royalties on the outer continental shelf lands ... 8 -8 ...... 1,306 -1,306 1 ..... 1,128 -1,128
Sale of m ajor assets ...... .......... .................... ...... ...... ...... ...... ... ...... ...... ..... ...
Spectrum auction proceeds ....... ................... ...... 200 -200 ..... 200 -200 ...
Total-Undistributed offsetting receipts ................ -2,424 208 -2,632 -62,514 1,507 -64,021 -60,675 1,128 -61,803
Total outlays ................................................. 152,187 15,900 136,286 872,730 99,358 773,372 864,553 103,520 761,033

Total on-budget ........................................... 119,570 11,204 108,365 698,175 70,371 627,804 697,250 75,736 621,514
Total off-budget ........................................... 32,617 4,696 27,921 174,555 28,987 145,568 167,304 27,785 139,519

Total surplus (+) or deficit ................................ -47,275 -128,218 -146,660
Total on-budget ........................................... -51,688 -153,426 -172,776

Total off-budget ........................................... +4,413 +25,208 +26,125

MEMORANDUM
Receipts offset against outlays [$ millions]
Current
Fiscal Year Comparable Period
to Date Prior Fiscal Year
Proprietary receipts ........ ................. ........ ........ 23,654 24,321
Receipts from off-budget federal entities .......... .................... .... ......
Intrabudgetary transactions .... ... ..... ........... ... ... ... 115,653 103,061
Governm ental receipts ... ............................................ ... 1,494 1,195
Total receipts offset against outlays ...................... .... 140,801 128,577

'includes an adjustment of $350 million in September 1995 to report offsetting receipts 60utlays have been increased by $1 million in September 1995 to reflect additional reporting by erroneously reported as outlays by the Department of Agriculture. the Corporation for National and Community Service,
21ncludes a prior period adjustment. 70utlays and collections have been decreased by $119 million in January 1996 to reflect
30utlays have been increased by $5 million in September 1995 to reflect additional reporting by additional reporting by the Federal Deposit Insurance Corporation. the 4 Department of Justice. ... No Transactions.
Includes $255 million for restitution of forgone interest to the Federal Retirement Thrift (* ') Less than $500,000
Investment Board. Note: Details may not add to totals due to rounding
sIncludes; FICA and SECA tax credits, non-contributory military service credits, special benefits for the aged, and credit for negotiated OASI benefit checks,







19






Table 6. Means of Financing the Deficit or Disposition of Surplus by the U.S. Government March 1996 and fter periods 1$ millions]
Not Transactions Account Balances
Assets and Liabilities denotes not reduction of either Current Fiscal Year
Directly Related to liability or asset accounts
Budget Off-budget Activity Fiscal Year to Date Beginning of Close of
This Month ------ This month
This Year I Prior Year -;is Year 7 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 ............................................. 100,746 143,803 171,366 4,958,983 5,002,041 5,102,786
Federal Financing Bank ............................................. ...... ...... ...... 15,000 15,000 15.000
Total, public debt securities ...................................... 100,746 143,803 171,366 4,973,983 5,017,041 5,117,786
Plus premium on public debt securities ....................... -8 -46 -48 1,236 1.198 1.190
Less discount on public debt securities ....................... -328 -1,573 2,761 81,231 79,9ffi 79,658
Total public debt securities net of Premium and
discount ..................................................... 101,066 145,331 168,557 4,893,989 4,938,253 5.039,319
Agency securities, issued under special financing authorities (see
Schedule B. for other Agency borrowing, see Schedule C) .......... -666 8,547 -1,743 26,962 36,174 35,508
Total federal securities ........................................ 100,400 153,878 166,813 4,920,950 4,974,428 5,074,828
Deduct:
Federal securities held as investments of government accounts
(see Schedule D) .............................................. 62,553 40,832 41,570 1,320,800 1,299,079 1,361,632
Less discount on federal securities held as investments of
government accounts ......................................... 342 753 372 3,188 3,598 3.940
Net federal securities held as investments of government
accounts ..................................................... 62,211 40,079 41,199 1,317,612 1,295,481 1,357,692
Total borrowing from the public .......................... 38,189 113,798 125,615 3,603.338 3,678,947 3,717,136
Accrued interest payable to the public .............................. ... 15,599 642 920 50,611 35,654 51,253
Allocations of special drawing rights ...................................... -37 -221 456 7,380 7,196 7.159
Deposit funds .............................................................. -22,466 -1,225 2,313 8,186 29.426 6,960
Miscellaneous liability accounts (includes checks Outstanding etc.) ...... 12,387 6,954 8,149 4,813 -620 11,767
Total liability accounts .................................................... 43,672 119,947 137,454 3,674,329 3,750,604 3,794,276
Asset accounts (deduct)
Cash and monetary assets:
U.S. Treasury operating cash:'
Federal Reserve account .............................................. 1,389 -1,599 -2,305 8,620 5,632 7,021
Tax and loan note accounts .......................................... -10,672 -14,477 -15,540 29,329 25,525 14.853
Balance .............................................................. -9,283 -16,075 -17,845 37,949 31,157 21,8ii
Special drawing rights:
Total holdings .......................................................... -57 14 1,680 11,035 11,106 11,049
SDR certificates issued to Federal Reserve banks .................. ...... ...... ...... -10,168 -10,168 -10,168
Balance .............................................................. -57 14 1,680 867 938 881
Reserve position on the U.S. quota in the IMF:
U.S. subscription to International Monetary Fund:
Direct quota payments .............................................. ...... ...... ...... 31,762 31,762 31,762
Maintenance of value adjustments ................................. -198 -1,197 2,470 8,196 7,197 6,999
Letter of credit issued to IMF ........................................ 512 1,014 555 -26.315 -25,814 -25.302
Dollar deposits with the IMF .......................................... -3 -5 -7 -105 -107 -110
Receivable/Payable (-) for interim maintenance of value
adjustments ........................................................... 123 753 -1,672 1,145 1,774 1,898
Balance ........................................ ..................... 434 565 1.347 14,682 14,813 15,247
Loans to International Monetary Fund .................................. ...... ...... ..... C I C I C I
Other cash and monetary assets ....................................... 207 -308 3,295 30,525 30,010 30,216
Total cash and monetary assets ..................................... -8,699 -15,805 -11,524 84,023 76,918 68,219
Net activity, guaranteed loan financing .................................... -342 -126 -839 -12,714 -12,498 -12,840
Net activity, direct loan financing ........................ ........ * 1,135 6,975 3,325 19,732 25,571 26,706
Miscellaneous asset accounts ............................................. 4,303 685 197 -1,725 -5,342 -1,040
Total asset accounts ..................................................... -3,603 -8,271 --8,841 89,316 84,648 81,045
Excess of liabilities (+) or Assets (-) ................... 9 ................ +47,275 +128,218 +146,295 +3,585,012 +3,665,955 +3,713,231
Transactions not applied to current year's surplus or deficit (see
Schedule a for Details) ...................................................... ..... ...... 355 ..... ......
Total budget and off-budget federal entities (financing of deficit (+)
or disposition of surplus (-)) ............................................ +47,275 +128,218 +146,650 +3,585,012 +3,665,955 +3,713,231

'Major sources of Information used to determine Treasury's operating cash Income include No Transactions.
Federal Reserve Banks, the Treasury Regional Finance Centers, the Internal Revenue Service V 1) LOSS ttlan $500,000 Centers, the Bureau of the Public Debt and various electronic systems. Deposits are reflected as Note: Detalls may not add to totals due to rounding received and withdrawals am reflected as processed.



20






Table 6. Schedule A-Analysis of Change in Excess of Liabilities of the U.S. Government, March 1996 and
Other Periods
[$ millions]
Fiscal Year to Date
Classification This Month
This Year I Prior Year

Excess of liabilities beginning of period:
Based on composition of unified budget in preceding period ..... 3,665,951 3,584,970 3,422,146
Adjustments during current fiscal year for changes in composition
of unified budget:
Revisions by federal agencies to the prior budget results ...... 4 43 -268
Excess of liabilities beginning of period (current basis) ... ...... ... 3,665,955 3,585,012 3,421,878
Budget surplus (-) or deficit:
Based on composition of unified budget in prior fiscal yr ..... ..... 47,275 128,218 146,650
Changes in composition of unified budget ... ............ ........ ...... ... .....
Total surplus (-) or deficit (Table 2) ....... .... __ ... ............... 47,275 128,218 146,650

Total-on-budget (Table 2) .... ........................ .... 51.688 153,426 172,776
Total-off-budget (Table 2) ...... ................... -4,413 -25,208 -26,125

Transactions not applied to current years surplus or deficit:
Selginiorage ........ ....... ................................. ...... ...... 355
Profit on sale of gold ....... ....................... ..... V I
Totat-transactions not applied to current year's Surplus or
deficit ....... ..................................... ........ ...... ...... 355
Excess of liabilities close of period ................................... 3,713,231 3,713,231 3,568,173




Tableli. Schedule B-Securities Issued by Federal Agencies Under Special Financing Authorities, March 1996 and
Other Periods
J$ millions]

Net Transactions Account Balances
denotes net reduction of Current Fiscal Year
liability accounts
Classification

This Month Fiscal Year to Date Beginning of Close of
This month
This Year I Prior Year This Year I This Month

Agency securities, issued under special financing authorities: Obligations of the United States, issued by: Export-Import Bank of the United States .... ........................... ... ...... ...... V I V I C I
Federal Deposit Insurance Corporation:
FSLIC resolution fund .... ............................................. ...... -32 -32 158 126 126
Obligations guaranteed by the United States, issued by: Department of Defense:
Family housing mortgages ....................................... ... ...... ...... ...... 6 6 6
Department of Housing and Urban Development:
Federal Housing Administration .................................. ..... 17 -35 -47 87 35 52
Department of the Interior:
Bureau of Land Management .......................................... ...... ...... ...... 13 13 13
Department of Transportation:
Coast Guard:
Family housing mortgages .... ............ .............. .... ...... ...... V I V I V I
Obligations not guaranteed by the United States, issued by: Legislative Branch:
Architect of the Capitol ............. .................................. 1 -1 -1 182 180 181
Department of Defense:
Homeowners assistance mortgages ................................... ...... C I ...... C V I
Independent agencies:
Farm Credit System Financial Assistance Corporation ................ ...... ...... ...... 1,261 1,261 1,261
National Archives and Records Administration ........................ ...... -2 -2 295 293 293
Postal Service ...... ....... ......... ....... ................... .... 4,665 ...... 4,665 4,665
Tennessee Valley Authority .............. ......... ................... -685 3,951 -1,662 24,960 29,595 28,911
Total, agency securities ........................................... -666 8,547 -1,743 26,962 36,174 35,508

... No Transactions.
(* *) Less than $500,000.
Note: Details may not add to totals due to rounding.










21






Table 6. Schedule C (Memorandum)-Federal Agency Borrowing Financed Through the Issue of Public Debt Securities,
March 1996 and Other Periods
[$ millions]

Transactions Account Balances
Current Fiscal Year
Classification

This Month Fiscal Year to Date Beginning of Close of
This month
This Year Prior Year This Year This Month

Borrowing from the Treasury:
Funds Appropriated to the President:
International Security Assistance:
Foreign military loan program ......................................... ...... 343 337 788 1,131 1,131
Agency for International Development:
International Debt Reduction ............. ............................ ...... ...... ... 335 335 335
Housing and other credit guaranty programs ........................ ...... ...... ...... 125 125 125
Private sector revolving fund ......................................... ...... ...... ...... 1 1 1
Overseas Private Investment Corporation ............................... 3 21 22 52 71 73
Department of Agriculture:
Farm Service Agency:
Commodity Credit Corporation ........................................ ...... -6,836 -8,196 6,987 151 151
Agricultural credit insurance fund ..................................... ...... 604 -1,748 1,605 2,209 2,209
Natural Resources Conservation Service ............................... ...... ... 4 4 4
Rural Utilities Service:
Rural electrification and telephone revolving fund .................... ...... 678 720 8,666 9.3" 9,344
Rural Telephone Bank ................................................ -1 -20 85 664 644 644
Rural development insurance fund ................ ................... ...... 220 715 2,806 3,026 3,026
Rural communication development fund .............................. ...... ...... ...... 25 25 25
Rural housing and Community Development Service:
Rural housing insurance fund ....... .................................. ..... 951 1,192 5,353 6,304 6,304
Self-help housing land development fund ............................ ...... ...... 1 V I C I V I
Rural Business and Cooperative Development Service:
Rural development loan fund ......................................... ...... 17 40 61 78 78
Rural economic development loan fund ............................. ...... ...... 8 30 30 30
Foreign Agricultural Service ................. ........................... ...... ...... 97 563 563 563
Department of Education:
Federal direct student loan program .................................... ..... 7,607 4,868 5,067 12.674 12,674
Federal family education loan program ................................. ...... ...... ...... 1,134 1,134 1,134
College housing and academic facilities fund ........................... ...... ...... 18 184 184 184
College housing loans ................................................... ...... V I ...... 360 359 359
Department of Energy:
Isotope production and distribution fund ......................... ..... ...... ...... -14 .... ...... ......
Bonneville power administration fund ................................... -205 -115 -5 2,563 2.653 2,448
Department of Housing and Urban Development:
Housing programs:
Federal Housing Administration ....................................... ...... -68 -21 1,647 1,579 1,579
Housing for the elderly and handicapped ............................. .... -805 -770 7,714 6,909 6,909
Public and Indian housing:
Low-rent public housing ............................................... 20 ...... -135 20 ...... 20
Department of the Interior:
Bureau of Reclamation Loans ........................................... ...... 9 ...... 17 26 26
Bureau of Mines, Helium Fund ......................................... ...... ...... ..... 252 252 252
Bureau of Indian Affairs:
Revolving funds for loans ............................................. ...... ...... 8 28 28 28
Department of Justice:
Federal prison industries, incorporated ......... ........................ ...... ..... ...... 20 20 20
Department of Transportation:
Federal Highway Administration:
High priority quarters loan fund ...................................... ...... ...... 40 32 32 32
Federal Railroad Administration:
Railroad rehabilitation and improvement
financing funds .................................... ...... .......... ...... ...... V I V I V I
Amtrak corridor improvement loans ....... ........................ ...... ...... V 1 3 3 3
O ther ................... ............................................... ...... ...... ...... V I V I C I
Federal Aviation Administration:
Aircraft purchase loan guarantee program ........................... ...... ...... C I V I C I V I
Minority business resource center fund .... .......................... ...... 7 14 15 22 22
Department of the Treasury:
Federal Financing Bank revolving fund ................................. -1,312 -17,572 -11,091 69,297 53,037 51,725
Department of Veterans Affairs:
Guaranty and indemnity fund ... ........... .......................... 1.161 586 302 1,463 1,463
Loan guaranty revolving fund ........................................... ... 722 903 1,272 1,994 1,994
Direct loan revolving fund ......... ............... ..................... ...... C 1) V 1) 1 1 1
Native american veteran housing fund ....................... .......... ...... 18 12 7 25 25
Vocational rehabilitation revolving fund ................................. C 1 -1 V 1 2 1 1






22






Table 6. Schedule C (Memorandum)-Federal Agency Borrowing Financed Through the Issue of Public Debt Securities,
March 1996 and Other Periods-Continued
[$ millions]

Transactions Account Balances
Current Fiscal Year
Classification

This Month Fiscal Year to Date Beginning of Close of
This month
This Year Prior Year I This Year I This Month

Borrowing from the Treasury:-Continued
Environmental Protection Agency:
Abatement, control, and compliance loan program ........ ...... 10 11 37 47 47
Small Business Administratiow
Business loan and revolving fund -13 -13 ..... 342 342 329
Disaster loan fund ............ ....... ........ ... ...... ... 7,999 7,999 7,999
Independent agencies:
District of Columbia .. ...... ..................... 232 ... 147 379 379
Export-Import Bank of the United States ....... .... 59 30 2,665 2,723 2,723
Federal Emergency Management Agency:
National insurance development fund .................. ....... 106 341 .... 268 503 609
Disaster assistance loan fund ... ............... .............. -37 -37 169 222 222 185
Pennsylvania Avenue Development Corporation:
Land acquisition and development fund ........... ....... ......... ...... ...... ...... 85 85 85
Railroad Retirement Board:
Rail industry pension fund ........... ....... ........... ...... ... 2,128 2,128 2,128
Social Security equivalent benefit account ...... ....... 270 1,546 1,518 2,828 4,104 4,374
Smithsonian Institution:
John F. Kennedy Center parking facilities ............ ...... ...... ...... 20 20 20
Tennessee Valley Authority ................ ...... ....... ... ... ... ...... 150 150 150
Total agency borrowing from the Treasury
financed through public debt securities issued .................. -1,168 -10,920 -10,584 134,892 125,140 123,972

Borrowing from the Federal Financing Bank:
Funds Appropriated to the President:
Foreign military financing program .... ....... ....... -48 -136 -150 3,493 3,405 3,357
Department of Agriculture:
Farm Service Agency:
Agriculture credit insurance fund ....... ....... ............ .... -55 -55 -610 1,470 1,470 1,415
Rural Utilities Service:
Rural electrification and telephone revolving fund ................ 9 -227 -24 21,875 21,639 21,648
Rural development insurance fund ..... ........... ...... .......... ...... ..... ...... 3,675 3,675 3,675
Rural housing and Community Development Service:
Rural housing insurance fund ......................................... ...... -685 -760 21,700 21,015 21,015
Department of Defense:
Department of the Navy ... ........... ....... ............. ...... ...... ...... 1,624 1,624 1,624
Defense agencies ...... ............. ........... ........ ...... -49 -47 -192 -242 -242
Department of Health and Human Services:
Medical facilities guarantee and loan fund ....... ............ ...... .... -18 33 33 33
Department of Housing and Urban Development:
Low rent housing loans and other expenses .......... ...... -62 -58 1,689 1,627 1,627
Community Development Grants ...... ........ ...... -3 -8 -14 89 84 81
Department of Interior:
Territorial and international affairs ......... ................ ...... -1 -1 21 20 20
Department of Transportation:
Federal Railroad Administration ...... ......... V -1 -3 14 13 13
Federal Transit Administration .......... ...... ... -665 ...... ... ......
General Services Administration:
Federal buildings fund .......... ....... ....... ........... -1 -12 102 1,893 1,882 1,881
Small Business Administration:
Business loan fund ........... ............ ............ ........... -5 -25 -62 361 342 337
Independent agencies:
Export-import Bank of the United States ......... -35 -498 -777 2,506 2,044 2,008
FSLIC resolution fund:
Resolution Trust Corporation closeout ........... ........ ....... -1,181 -5,704 -6,763 13,209 8,686 7,504
Pennsylvania Avenue Development Corporation ....... 7 55 58 374 421 429
Postal Service ......... ......... ........... ... -6,965 -1,100 7,265 300 300
Tennessee Valley Authority ........... ............. ........ ...... -3,200 -200 3,200 ..... .... I .
Total borrowing from the Federal Financing Bank ................ -1,312 -17,572 -11,092 84,298 68,038 66,726

Note: This table includes lending by the Federal Financing Bank accomplished by the purchase ... No Transactions.
of agency financial assets, by the acquisition of agency debt securities, and by direct loans on I* *) Less than $500,000 behalf of an agency. The Federal Financing Bank borrows from Treasury and issues its own Note: Details may not add to totals due to rounding securities and in turn may loan these funds to agencies in lieu of agencies borrowing directly through Treasury or issuing their own securities.












23






Table 6. Schedule D-Investments of Federal Government Accounts in Federal Securities, March 1996 and
Other Periods
[$ millions)

Net Purchases or sales Securities Held as Invesbrients
Current Fiscal Year
Classification This Month Fiscal Year to Date Beginning of Close of

This month
This Year Prior Year This Year This Month I

Federal funds:
Department of Agriculture ..... ..................... ..................... 2 1 ...... 1 2
Department of Commerce ............... ................................. -5 -2 4 20 23 18
Department of Defense-Military:
Defense cooperation account ............................ .............. ...... V 1 -4 1 1 1
Department of Energy ..................................................... -71 554 321 4,951 5,575 5.504
Department of Housing and Urban Development:
Housing programs:
Federal housing administration fund ............ ..................... 599 822 -571 6,678 6,901 7,500
Government National Mortgage Association:
Management and liquidating functions fund:
Agency securities ................................................... ...... 15 ...... 15 ...... ......
Guarantees of mortgage-backed securities:
Public debt securities ............................................... 36 286 250 4,210 4,460 4,496
Agency securities ................................................... ...... 1 .... 1 ...... ......
Other ... ................................................................. -31 -21 11 209 219 188
Department of the Interior .... ............................................ -27 14 537 3,431 3,472 3,445
Department of Labor ... .................................................... 254 179 220 5,796 5,721 5,975
Department of Transportation ................................. ........... 10 -72 37 481 399 409
Department of the Treasury ............................................... 1,209 1,546 -2,588 2,559 2,896 4,105
Department of Veterans Affairs:
Canteen service revolving fund .... ........................ ........... 1 2 6 38 39 40
Veterans reopened insurance fund ...................................... -4 5 a 526 535 531
Servicemen's group life insurance fund ............................ .... ...... V 1 -38 4 4 4
Independent agencies:
Export-Import Bank of the United States .............................. -27 188 22 135 350 323
Federal Deposit Insurance Corporation:
Bank insurance fund .................................................. -56 752 4,597 21,017 21,825 21,769
Savings association insurance fund ................................... 142 516 509 3,600 3,974 4,116
FSLIC resolution fund ...................... .......................... 33 -193 -573 528 302 335
Federal Emergency Management Agency:
National flood insurance fund ......................................... ..... ...... -120 ...... ......
National Credit Union Administration .............. ............ ........ 11 -34 192 3,325 3,280 3,291
Postal Service ............................................................ 566 523 1,740 1,249 1,206 1,772
Tennessee Valley Authority .............................................. -149 384 -2,701 1,242 1,775 1,626
Other .. .................................................................. 1 178 198 1,422 1,599 1,600
Other ........ .............................................................. 89 271 374 2,978 3,160 3,249
Total public debt securities ............................ ............. 2,584 5,901 2,408 64,399 67,716 70,300
Total agency securities .................. ............................. ...... 16 .... .. 16 ...... ......

Total Federal funds ............................................. 2,584 51885 2,408 64,415 67,716 70,300

Trust funds:
Legislative Branch:
Library of Congress ................................................ V 1 2 9 13 14 14
United States Tax Court ................................................ V I V 1 5 5 5
O ther ............................................................. ....... V 1 1 5 31 32 32
The Judiciary:
Judicial retirement funds ................................................. -2 43 36 287 331 330
Department of Agriculture .... ....................................... 10 56 16 310 356 366
Department of Commerce ................................................. ...... C I V I C I V I
Department of Defense-Military:
Voluntary separation incentive fund ..................................... -5 200 C 685 889 885
O ther ........... ...... .......... ..................................... 2 20 1 88 67 69
Department of Defense-Civil:
Military retirement fund ....... ............ .................. ..... -1,558 6,614 10,284 112,963 121,135 119,577
O ther ........................ ............................................ -1 130 52 1,495 1,625 1,624















24






Table 6. Schedule D-Investments of Federal Government Accounts in Federal Securities, March 1996 and
Other Periods-Continued
millions)

Not Purchases or sales u-) Securities Held as Investments
Current Fiscal Year
Classification This Month Fiscal Year to Date Beginning of Close of

This month
This Year Prior Year This Month

Trust Funds-Continued
Department of Health and Human Services:
Federal hospital insurance trust fund ........ -3,792 1,034 129,864 127,583 126,072
Federal supplementary medical insurance trust fund .... 8,373 9,204 -1,675 13,513 14,345 22,718
Other .... 56 58 87 992 994 1,050
Department of the Interior ....... ...... ............ -93 59 24 315 467 374
Department of Justice ... ....... .............. 5 77 47 .... 72 77
Department of Labor:
Unemployment trust fund ... ............ -2,088 -3,018 -2,099 47,141 46,212 44,123
Other ........ 46 1 7 77 32 78
Department of State:
Foreign Service retirement and disability fund ....... .......... ..... -27 254 365 7,801 8,082 8,055
Other .................... ........ -2 -29 -9 29 2
Department of Transportation-,
Highway trust fund .. .... ... __ ........... ...... -331 785 1,349 18,531 19,648 19,317
Airport and airway trust fund ..,. ...... __ ..... ......... ........ .... -488 -1,195 -751 11,145 10,439 9,950
Other ...... ...... ....... ........................ -7 29 144 1,880 1,917 1,909
Department of the Treasury ....... ............ ........ -14 -21 -19 235 228 215
Department of Veterans Affairs:
General post fund, national homes ........... ........... ...... .... V 1 -1 36 35 35
National service life insurance ......... ............. -88 57 66 11,954 12,099 12,011
United States government life Insurance Fund ................... -1 -4 -4 106 103 102
Veterans special life insurance fund ... ........ ........... -9 15 16 1,546 1570 1,561
Environmental Protection Agency ....... ...................... -117 133 524 7,243 7,494 7,377
National Aeronautics and Space Administration ...... ........ ...... V 16 16 16
Office of Personnel Management:
Civil service retirement and disability fund:
Public debt securities ... ...... ....... ............. ......... 53,920 -6,516 1,985 366,126 305,690 359,610
Agency securities .. ........ .................. ...... .............. 7,865 ...... ...... 7,865 7,865
Employees life insurance fund .. ..... ....... ...... -12 488 456 15,839 16,339 16,327
Employees and retired employees health benefits fund ................ -81 -153 298 7,890 7,817 7,736
Social Security Administration:
Federal old-age and survivors insurance trust fund ....... ...... 2,541 16,790 5,929 447,947 462,196 464,737
Federal disability insurance trust fund ... ......... ........ 1,191 5,861 20,520 35,225 39,896 41,087
Independent agencies:
Harry S. Truman memorial scholarship trust fund ...... ............ 1 1 54 55 55
Japan-United States Friendship Commission ... ....... ............. 2 1 16 16 18
Railroad Retirement Board ....................... ................... 257 972 339 14,440 15,156 15,413
Other ...... ............. ................ ........ 1 -3 127 544 540 542
Total public debt securities ................................ ... ...... 59,969 27,082 39,162 1,256,385 1,223,498 1,283,467
Total agency securities ............. ........ ................ .... ..... 1 7,865 ...... .... 1 1 7,865 7,865
Total trust funds ................................................. 59,969 34,947 39,"2 1,256,385 1,231,363 1,291,332

Grand total ................................................................... 62,553 40,832 41,570 1,320,800 1,299,079 1,361,632

... No Transactions Note: Investments are in public debt securities unless otherwise noted.
Less than $500,000. Note: Details may not add to totals due to rounding.





























25






Table 7. Receipts and Outlays of the U.S. Government b Month, Fiscal Year 1996 [I millions]

Fiscal ComYear parable
Classification Oct. Nov. Dec. Jan. Feb. March April May June July Aug. Sept. TO Period
Prior
Date F.Y.


Receipts:
Individual income taxes ................. 51,840 39,524 53,179 86,192 40,327 22,523 293,584 274,680
Corporation income taxes ............... 2,180 1,694 38,021 5,158 1,692 15,460 64,205 56,650
Social insurance taxes and
contributions:
Employment taxes and
contributions ......................... 30,549 34,919 37,123 40,742 36,011 41,086 220,430 214,061
Unemployment insurance ............. 1,214 2,940 223 1,081 2,546 258 8,261 8,571
Other retirement contributions ........ 342 340 416 374 403 419 2,294 2,275
Excise taxes ............................. 4,453 5,154 4,870 4,241 4,308 4,133 27,159 27,680
Estate and gift taxes ................... 1,160 1,349 1,383 1,288 1,090 1,137 7,405 6,653
Customs duties .......................... 1,786 1,593 1,439 1,482 1,456 1,528 9,284 9,865
Miscellaneous receipts ................... 2,070 2,496 1,6181 2,364 1,5171 2,467 1 1 12,532 13 949
Total-Receipts this year ........... 95,593 90,008 138,271 142,922 89,349 89,011 645,154 ......
(On-budget) ........................ 72,200 63,651 110,322 110,616 60,913 56,677 474,378 ......
(Off-budget) ........................ 23,393 26,357 27,949 32,307 28,437 32,334 170,T76 ......
Total-Receipts prior year ........... 89,024 87,673, 130,810 131,801 82,544, 92,532. ...... 614.383
(On budget) ........................... 65,384 62,083 103,860 101,036 54,405 61,970 ..... 448,738
(Off budget) ........................... 23,639 25,590 26,950 30,765 28,139 30,562 ...... 165,644

Outlays
Legislative Branch ....................... 175 173 158 262 199 162 1,129 1,464
The Judiciary ............................ 197 196 226 320 212 215 1,366 1,406
Executive Office of the President ....... 14 14 14 18 15 25 99 112
Funds Appropriated to the President:
International Security Assistance ..... 120 764 239 138 2,012 104 3,377 4.353
International Development
Assistance ........................... 801 256 240 585 261 416 2,559 2,761
Other ................................... -199 183 -286 350 67 305 421 10
Department of Agriculture:
Commodity Credit Corporation and
Foreign Agricultural Service ......... 820 2,104 352 112 -31 -313 3,043 9,438
Other .................................. 4,990 4,436 3,888 4,138 3,713 4,229 25,394 25,585
Department of Commerce ............... 353 280 250, 363 307, 287 1,842 1,770
Department of Defense:
Military:
Military personnel ................... 3,033 5,927 8,009 3,325 5,760 5,552 31,606 35,556
Operation and maintenance ........ 5,957 6,721 7,265 7,723 7,579 7,562 42,806 44,477
Procurement ........................ 3,616 3,250 3,924 4,579 3,396 4,562 23,328 28,972
Research, development, test, and
evaluation ......................... 2,645 2,689 2,905 2,985 2,878 3,199 17,301 17,733
Military construction ................ 535 611 635 543 429 517 3,269 3,197
Family housing ..................... 307 287 296 337 283 327 1,836 1,669
Revolving and management
funds .............................. 796 1,105 702 -145 182 -61 2,579 -1,165
Other ............................... 381 -328 253, 24 -28, -101 201 -351
Total Military ................... 17,270 20,262 23,988 19,371 20,478 21,556 122,926 130,088
Civil ................ .................. 2,660 2,707 2,593 2,718 2,853 2,664 16,194 15,656
Department of Education ................ 2,056 2,336 1,891 3,624 2,568 2,620 15,096 16,207
Department of Energy ................... 1,495 1,383 1,498 1,139 1,285 1,222 8,022 8,927
Department of Health and Human
Services:
Public Health Service ................. 1,902 1,696 1,478 1,632 1,821 2,055 10,585 10,330
Health Care Financing Administration:
Grants to States for Medicaid 7,252 8,071 6,702 6,730 7,411 7,787 43,952 43,845
Federal hospital ins. trust fund 9,082 9,869 10,302 10,169 10,709 10,410 60,542 55,171
Federal supp. med. Ins. trust
fund ...... ........................ 5,367 5,913 6,032 5,758 5,043 5,367 33,480 31,640
Other ... ............ .............. 3,934 3,792 3,577 6,161 4,814 12,356 34,635 22,375
Administration for children and
families .... .......................... 2,426 2,972 2,607 3,051 2,795 2,306 16,157 16,515
Other ............................ ..... -5,545 -5,485 -4,931 -8,049 -6,390 -13,915 -44,316 -31,494
Department of Housing and Urban
Development ........................... 1,087 2,350 2,701 2,646 2,162 3,122 14,069 14,653
Department of the Interior .............. 641 477 499 536 624 485 3,262 3,812
Department of Justice ... ............. 809 985 838 1,112 933 920 5,596 5,214
Department of Labor:
Unemployment trust fund ............. 1,786 1,864 2,133 2,872 2,596 2,613 13,865 13,141
Other ........................ ......... 730 957 298 661 -76 377 2,946 2,608
Department of State .................... 531 341 439 300 423 432 2,466 3,092
Department of Transportation:
Highway trust fund ................... 1,632 1,873 1,492 1,315 1,401 1,471 9,1831 8,821


26






Table 7. Receipts and Outlays of the U.S. Government by Month, Fiscal Year 1996-Continued
______ [S1 millions] __Fiscal cornYear parable
Classif ication Oct. Nov. Dec. Jan. Feb. March April May June July Aug. Sept. To Period
Dae F.Y.


Outlays-Continued
Other .... ........ .. 1,506 1,427 1,630 1,800 1.578 1,443 9,384 10 290
Department of the Treasury:
Interest on the public debt ...... 21,631 26,006 60,676 20,923 20,977 20,739 170,951 161,985
Other .................. -30 -1,053 1,146 406 6,870 7,171 14,507 8,592
Department of Veterans Affairs:
Compensation and pensions .... 101 1, 488 2,911 83 1,561 1,569 7,713 8,853
National service life ........ 75 63 63 83 91 105 480 474
United States government life 1.. 1 1 1 1 2 8 9
Other ......... ......... __ 1,442 1,710 1,441 1.985 1,231 1.612 9,419 9,526
Environmental Protection Agency .. 484 538 435 595 526 481 3,059 3,077
General Services Administration 339 389 477 -393 382 396 1,591 709
National Aeronautics and Space
Administration .. ..... _........... ... 1,128 1,119 973 1,208 1,073 1.057 6,558 6,472
Office of Personnel Management .... 3,576 3,418 3,576 3,379 3,252 3,758 20,959 20.205
Small Business Administration .. 16 238 76 -9 23 41 386 473
Social Security Administration:
Federal old-age and survivors ins.
trust fund (off-budget) ...........24,544 24,413 25,064 25,126 25,163 25,337 149,646 143,514
Federal disability ins, trust fund (of fbudget) ....... ...........3,516 3,475 3,773 3,581 3,671 3,786, 21,802 20,205
Other ........... 174 2,233 3,941 254 2,372 2,261 11,235 13,057
Independent agencies:
Fed. Deposit Ins. Corp:
Bank insurance fund ........ ...... -609 -69 20 -110 -10 59 -720 -4,539
Savings association insurance
fund .......... ................ 40 -14 -82 -235 -2 -142 -515 -504
FSLIC resolution fund:
RTC closeout ._ ........-1,502 -840 -638 -797 -676 -638 -5,092 -6,096
Other .... .................... 407 87 -71 -37 -27 -33 326 541
Affordable housing and bank
enterprise .................. ...... V** I ** V ** I(*IV) 1 3
Postal Service:
Public enterprise funds (offbudget) ...... ....... _........ -374 -618 333 -883 -280 -674 -2,496 -2,851
Payment to the Postal Service
fund ... ........__......_........55 .... 3 21 ... ....79 84
Oversight Board ..... ........ ....... 556 C" I C I" C('CI ) 558 -3
Tennessee Valley Authority ... ........123 186 96 106 -108 -106 297 899
Other independent agencies .... ......2,026 1,792 1,069 1,408 1,655 1,417 9,368 10,361
Undistributed offsetting receipts:
Employer share, employee
retirement.._..................... -2,404 -2,365 -2,562 -2,491 -2,559 -2,282 -14,663 -15,141
Interest received by trust funds .... -415 -5,736 -40,465 -65 -1,028 -143 -47,851 -45,534
Rents and royalties on outer
continental shelf lands............. -361 -200 -121 -322 -295 -8 -1,306 -1,128
Other ........ ........ C...... ...... 1 ___ -200 ____ 1___ -200 C

Totals this year:
Total outlays .............118,352 128,458 132,984 123,647 133,644 136,286 ___ __ 773,372 ...
(On-budget).................... 92,151 101,767 121,753 98,058 105,711 108,365 ___ __ 627,804 ...
(Off-budget) .................... 26,201 26,691 11,231 25,591 27,933 27,921 ___ ______ ______ 145,568 ...
Total-surplus (+) or deficit (-) ...-22,758 -38,450 +5,286 +19,274 -"4,295 -47,275 ___ ___ -128,218 ...
(On-budget) .................... -19,951 -38,116 -11,431 +12,558 -44,799 -51,688 __ ______ ___ -153,426 ...
(Off-budget) .................... -2,807 -334 +16,717 +6,716 +504 +4,413 ___ +25,208 ...
Total borrowing from the public ... 13,353 38,339 -18,358. -4,747 47,022, 38,189 _______ ___ 113,798 125,615
TotaI-outlat~. prior Year .........120,365 124,915 135,0613 116,166 120,899 143,074 161.033
(On-budget) ..................... 95.307 99.464 124.316 90.883 94,421 117,123 .. 621,514
(Off-budget) ................... 25.05 9 25,452 11,297 25,282 26,478 25,951..........................139,519
Tota1-surplus (I)or deficit (-) prior
year....................... -31,342 -3,4 -4,803 +15,635 -38,355 -50.543 ... 146,650
(On-budget).......... ...-29,922 -37,381 -20,456 + 10,152 -40,016 -55.153 -.. 172,776

(011-budget) -....._1.4 20 +138 +15.653 +5,483 +1,661 +4,610 26.1251

..No transactions.
(* *) Less than $500,000.
Note: Details may not add to totals due to rounding.





27






Table 8. Trust Fund Impact on Budget Results and Investment Holdings as of March 31, 1996 [$ millions)

This Month Fiscal Year to Date Securities held as Invesimients
Classification Current Fiscal Yew

Receipts Outlays Excess Receipts Outlays Excess Sepning of C11011110 Of
This Year This Month TWS Month
Trust receipts, outlays, and investments
held:
Airport and airway ............................ 28 522 -493 1,879 3,225 -1,347 11,145 10,439 9,950
Black lung disability .......................... 44 43 1 295 271 24 ...... ...... ......
Federal disability insurance ................... 4,974 3,786 1,188 27,672 21,802 5,870 35,225 39,896 41,087
Federal employees life and health ........... ...... 97 -97 ...... -317 317 23,729 24,157 24,063
Federal employees retirement ................ 1,249 3,390 -2,141 22,079 19,778 2,301 374,219 321,974 375,865
Federal hospital insurance ................... 9,180 10,410 -1,230 56,294 60,542 -4,247 129,864 127,583 126,072
Federal old-age and survivors insurance .... 27,887 25,337 2,550 166,487 149,646 16,841 "7,947 462,196 464,737
Federal supplementary medical insurance ... 13,359 5,367 7,992 43,164 33,480 9,684 13,513 14,345 22,718
Highways .................................... 1,546 1,698 -152 11,567 10,955 612 18,531 19,648 19,317
Military advances ............................. 1,007 1,228 -221 7,149 7,130 19 ...... ......
Railroad retirement ........................... 419 6" -225 2,727 4,007 -1,280 14,"0 15,156 15,413
Military retirement ............................ 846 2,385 -1,539 21,939 14,241 7,698 112,963 121,135 119.577
Unemployment ................................ 368 2,613 -2,245 10,262 13,865 -3,603 47,141 46,212 44,123
Veterans life insurance ....................... 23 140 -117 650 590 60 13,606 13,772 13,675
All other trust ................................. 360 531 -171 2,426 2,419 7 14,060 14,851 114,735
Total trust fund receipts and outlays
and investments hold from Table 6D .......................................... 61,292 58,190 3,101 374,591 341,636 32,955 1,256,385 1,231,363 1,291
Less: Interfund transactions .................... 14,914 14,914 ...... 111,535 111,535 ......
Trust fund receipts and outlays on the basis
of Tables 4 & 5 ............................... 46,378 43,276 3,101 263,056 230,101 32,955
Total Federal fund receipts and outlays .... 45,467 95,843 -50,377 400,284 561,458 -161,174
Less: Interfund transactions .................. 49 49 ...... 211 211 ......
Federal fund receipts and outlays on the
basis of Table 4 & 5 ......................... 45,418 95,794 -50,377 400,073 561,246 -161,174
Less: Offsetting proprietary receipts ........... 2,784 2,784 ...... 17,975 17,975 ......
Net budget receipts & outlays ............... 89,011 136,286 -47,275 645,154 773,372 -128,218

... No transactions. Note: Details may not add to totals due to rounding.
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 receipts 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.







































28






Table 9. Summary of Receipts by Source, and Outlays by Function of the U.S. Government March 1996
and Other Periods
J$ millions]

Classification This Month Fiscal Year Comparab4o Period
TO Dotv T Prior Fiscal Year

RECEIPTS
Individual income taxes ....... ............................ 22,523 293,SU 274,680
Corporation income taxes ....... ........ ....... 15,460 64.205 56,650
Social Insurance taxes and contributions:
Employment taxes and contributions .......... ....... ...... 41,086 220.430 214,061
Unemployment insurance .................... ................... 258 8,261 8,571
Other retirement contributions .................. .... 419 2,294 2,275
Excise taxes ............. ............... ................. ........ 4,133 27,159 27,680
Estate and gift taxes ...... ...... ...... .................. 1,137 7,405 6,653
Customs ... ............. ............ 1,528 9,284 9.865
Miscellaneous ..... .............. ........ ......................... 2,467 12,532 13,949
Total ......................................................... 89,011 645,154 614,383

NET OUTLAYS
National defense ..... ............ ....................... ......... 22,479 129,377 136,665
International affairs .... ...... ................................ 1,391 8,205 10,446
General science, space, and technology .... ............... 1,381 8,418 8,514
Energy ............ ................. .................. 131 975 2,577
Natural resources and environment ....... .................... 1,592 12,070 12,381
Agriculture ....... ....... .................... -62 4,726 10,279
Commerce and housing credit ..................................... -1,443 -8,058 -11,783
Transportation .... ................ ............................ 2,864 18,446 19,008
Community and Regional Development ........................... 1,007 5,353 5,067
Education, training, employment and social services ............. 4,270 25,549 26,919
Health ..... ....... .............. .............. 10,306 56,926 56,385
Medicare ............ ............ ............ .................. 14,123 83,841 77,005
Income security ...... ........................................ 25,968 119,362 112,373
Social Security .......... -: ....... ................................. 29,116 171,110 163,715
Veterans benefits and services ............................. ...... 3,300 17,675 18,953
Administration of justice ....... ........ ................ ......... 1,342 8,143 7,949
General government .................. ....... ................... 766 7,086 7,397
Interest .............................................................. 20,244 120,337 113,453
Undistributed offsetting receipts ................................... -2,490 -16,169 -16,270
Total ......................................................... 136,286 773,372 761,033


Note: Details may not add to totals due to rounding.









































29






Explanatory Notes
1. Flow of Data Into Monthly Treasury Statement the employee and credits for whatever purpose the money was withheld.
The Monthly Treasury Statement (MTS) is assembled from data in the Outlays are stated net of offsetting collections (including receipts of central accounting system. The major sources of data include monthly revolving and management funds) and of refunds. Interest on the public accounting reports by Federal entities and disbursing officers, and daily debt (public issues) is recognized on the accrual basis. Federal credit reports from the Federal Reserve banks. These reports detail accounting programs subject to the Federal Credit Reform Act of 1990 use the cash transactions affecting receipts and outlays of the Federal Government basis of accounting and are divided into two components. The portion of and off-budget Federal entities, and their related effect on the assets and the credit activities that involve a cost to the Government (mainly liabilities of the U.S. Government. Information is presented in the MTS on subsidies) is included within the budget program accounts. The remaining a modified cash basis. portion of the credit activities are in non-budget financing accounts.
Outlays of off-budget Federal entities are excluded by law from budget
2. Notes on Receipts totals. However, they are shown separately and combined with the onReceipts included in the report are classified into the following major budget outlays to display total Federal outlays. categories: (1) budget receipts and (2) offsetting collections (also called
applicable receipts). Budget receipts are collections from the public that 4. Processing result from the exercise of the Government's sovereign or governmental The data on payments and collections are reported by account symbol powers, excluding receipts offset against outlays. These collections, also into the central accounting system. In turn, the data are extracted from called governmental receipts, consist mainly of tax receipts (including this system for use in the preparation of the MTS. social insurance taxes), receipts from court fines, certain licenses, and There are two major checks which are conducted to assure the deposits of earnings by the Federal Reserve System. Refunds of receipts consistency of the data reported: are treated as deductions from gross receipts.
Offsetting collections are from other Government accounts or the 1. Verification of payment data. The monthly payment activity reported by public that are of a business-type or market-oriented nature. They are Federal entities on their Statements of Transactions is compared to the classified into two major categories: (1) offsetting collections credited to payment activity of Federal entities as reported by disbursing officers. appropriations or fund accounts, and (2) offsetting receipts (i.e., amounts 2. Verification of collection data. Reported collections appearing on deposited in receipt accounts). Collections credited to appropriation or Statements of Transactions are compared to deposits as reported by fund accounts normally can be used without appropriation action by Federal Reserve banks. Congress. These occur in two instances: (1) when authorized by law,
amounts collected for materials or services are treated as reimburse- 5. Other Sources of Information About Federal Government ments to appropriations and (2) in the three types of revolving funds Financial Activities (public enterprise, intergovernmental, and trust); collections are netted
against spending, and outlays are reported as the net amount. A Glossary of Terms Used in Me Federal Budget Process, January
Offsetting receipts in receipt accounts cannot be used without being 1993 (Available from the U.S. General Accounting Office, P.O. Box 6015, appropriated. They are subdivided into two categories: (1) proprietary Gaithersburg, Md. 20877). This glossary provides a basic reference receipts-these collections are from the public and they are offset against document of standardized definitions of terms used by the Federal outlays by agency and by function, and (2) intergovernmental funds- Government in the budgetmaking process. these are payments into receipt accounts from Governmental appropriation or funds accounts. They finance operations within and between e Daily Treasury Statement (Available from GPO, Washington, D.C. Government agencies and are credited with collections from other 20402, on a subscription basis only). The Da* Treasury Statement is Government accounts. The transactions may be intrabudgetary when the published each working day of the Federal Government and provides data payment and receipt both occur within the budget or from receipts from on the cash and debt operations of the Treasury. off-budget Federal entities in those cases where payment is made by a
Federal entity whose budget authority and outlays are excluded from the o Monthly Statement of the Public Debt of the Unhed States budget totals. (Available from GPO, Washington, D.C. 20402 on a subscription basis
Intrabudgetary transactions are subdivided into three categories: only). This publication provides detailed information concerning the public
(1) interfund transactions, where the payments are from one fund group debt. (either Federal funds or trust funds) to a receipt account in the other fund 9 Treasury Bulletin (Available from GPO, Washington, D.C. 20402, by group; (2) Federal intrafund transactions, where the payments and subscription or single copy). Quarterly. Contains a mix of narrative, tables, receipts both occur within the Federal fund group; and (3) trust intrafund and charts on Treasury issues, Federal financial operations, international transactions, where the payments and receipts both occur within the trust statistics, and special reports. fund group.
Offsetting receipts are generally deducted from budget authority and Budget of the United States Government, Fiscal Year 19
outlays by function, by subfunction, or by agency. There are four types of (Available from GPO, Washington, D.C. 20402). This publication is a receipts, however, that are deducted from budget totals as undistributed single volume which provides budget information and contains: offsetting receipts. They are: (1) agencies' payments (including payments
by off-budget Federal entities) as employers into employees retirement -Appendix, The Budget of the United States Government, FY 19 funds, (2) interest received by trust funds, (3) rents and royalties on the -The United States Budget in Brief, FY 19 Outer Continental Shelf lands, and (4) other interest (i.e., interest collected -Special Analyses on Outer Continental Shelf money in deposit funds when such money is -Historical Tables transferred into the budget). -Management of the United States Government
-Major Policy Initiatives
3. Notes on Outlays
Outlays are generally accounted for on the basis of checks issued, United States Government Annual Report and Appendix (Available electronic funds transferred, or cash payments made. Certain outlays do from Financial Management Service, U.S. Department of the Treasury, not require issuance of cash or checks. An example is charges made Washington, D.C. 20227). This annual report represents budgetary against appropriations for that part of employees' salaries withheld for results at the summary level. The appendix presents the individual receipt taxes or savings bond allotments these are counted as payments to and appropriation accounts at the detail level.



30



















Schedule Releas

The release date for the April 1996 Statement will be 2:00 pm EST May 21, 1996.




























For sale by the Superintendent of Documents, U.S. Government Printing Office, Washington, D.C. 20402 (202) 512-1800. The subscription price is $35.00 per year (domestic), $43.75 per year (foreign).
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