Monthly Treasury Statement

of Receipts and Outlays

of the United States Government

For Fiscal Year 1998 Through May 31, 1998, and Other Periods

Highlight

The budget estimates provided in Tables 2 and 3 are based on the Mid-Session Review of

the FY 1999 Budget, released by the Office of Management and Budget on May 26, 1998.

RECEIPTS, OUTLAYS, AND SURPLUS/DEFICIT

THROUGH MAY 1998

Contents

Summary, page 2

Receipts, page 6

Outlays, page 7

Means of financing, page 20

Receipts/outlays by month, page 28

Federal trust funds/securities, page 30

Receipts by source/outlays by

function, page 30

Explanatory notes, page 31

Compiled and Published by

Department of the Treasury

Financial Management Service
Introduction

The Monthly Treasury Statement of Receipts and Outlays of the United States refunds of receipts are treated as deductions from gross receipts; revolving and

Government (MTS) is prepared by the Financial Management Service, Department management fund receipts, reimbursements and refunds of monies previously

of the Treasury, and after approval by the Fiscal Assistant Secretary of the expended are treated as deductions from gross outlays; and interest on the public

Treasury, is normally released on the 15th workday of the month following the debt (public issues) is recognized on the accrual basis. Major information sources

reporting month. The publication is based on data provided by Federal entities, include accounting data reported by Federal entities, disbursing officers, and

Federal Reserve banks. disbursing officers, and Federal Reserve banks.

Triad of Publications Audience The MTS is part of a triad of Treasury financial reports. The Daily Treasury The MTS is published to meet the needs of: Those responsible for or interested Statement is published each working day of the Federal Government. 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

Disclosure Statement the Government. It is published annually in accordance with legislative mandates

given to the Secretary of the Treasury. This statement summarizes the financial activities of the Federal Government

and off-budget Federal entities conducted in accordance with the Budget of the U.S.

Government, i.e., receipts and outlays of funds, the surplus or deficit, and the Data Sources and Information

means of financing the deficit or disposing of the surplus. Information is presented The Explanatory Notes section of this publication provides information concernon a modified cash basis: receipts are accounted for on the basis of collections; ing the flow of data into the MTS and sources of information relevant to the MTS.

Table 1. Summary of Receipts, Outlays, and the Deficit/Surplus of the U.S. Government, Fiscal Years 1997 and 1998,

by Month

[$ millions]

Period Receipts Outlays Deficit/Surplus (−)

FY 1997

October . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 99,656 139,461 39,805

November .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 97,850 135,728 37,878

December .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 148,488 129,999 −18,490

January . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 150,718 137,354 −13,364

February .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 90,293 134,303 44,010

March . .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 108,074 129,397 21,323

April .. .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 228,588 134,649 −93,939

May ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 94,493 142,988 48,494

June .. .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 173,361 118,726 −54,635

July ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 109,178 134,802 25,624

August .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 103,483 138,672 35,189

September . .. .. ... .. .. .. .. .. ... .. .. .. .. .. 174,772 1124,839 −49,934

Year-to-Date . ... .. .. .. .. .. ... .. .. .. .. .. 21,578,955 21,600,917 221,963

FY 1998

October . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 114,898 150,866 35,968

November .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 103,481 120,830 17,349

December .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 168,000 154,361 −13,639

January . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 162,610 137,231 −25,379

February .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 97,952 139,701 41,750

March . .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 117,930 131,743 13,813

April .. .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 261,002 136,400 −124,603

May ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 95,278 134,057 38,779

Year-to-Date . ... .. .. .. .. .. ... .. .. .. .. .. 1,121,151 1,105,189 −15,962

(1) Outlays for September 1997 have increased by $7 million to reflect additional reporting by (2) The receipt, outlay and deficit figures differ from the FY 1999 Budget, released by the

the African Development Foundation. Office of Management and Budget on February 2, 1998 by $20 million due mainly to revisions in

the data following the release of the Final September Monthly Treasury Statement.

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

2
Table 2. Summary of Budget and Off-Budget Results and Financing of the U.S. Government, May 1998 and

Other Periods

[$ millions]

Budget Prior Budget Current This Estimates Fiscal Year Estimates Classification Fiscal Month Full Fiscal to Date Next Fiscal Year to Date Year (1) (1997) Year (1999) (1)

Total on-budget and off-budget results:

Total receipts .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 95,278 1,121,151 1,703,785 1,018,160 1,784,271

On-budget receipts . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 61,791 843,958 1,283,964 761,692 1,344,641

Off-budget receipts . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 33,488 277,192 419,821 256,468 439,630

Total outlays . .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 134,057 1,105,189 1,664,724 1,083,878 1,730,043

On-budget outlays . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 102,382 892,997 1,347,095 876,756 1,403,911

Off-budget outlays . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 31,675 212,192 317,629 207,122 326,132

Total surplus (+) or deficit (−) ......................... −38,779 +15,962 +39,061 −65,718 +54,228

On-budget surplus (+) or deficit (−) ................ −40,591 −49,038 −63,131 −115,064 −59,270

Off-budget surplus (+) or deficit (−) . .. ... .. .. .. .. .. +1,812 +65,000 +102,192 +49,346 +113,498

Total on-budget and off-budget financing ... .. .. .. .. .. 38,779 −15,962 −39,061 65,718 −54,228

Means of financing:

Borrowing from the public . ... .. .. .. .. .. ... .. .. .. .. .. −8,597 −9,639 −24,411 38,696 −32,589

Reduction of operating cash, increase (−) . .. .. .. .. 51,900 7,490 3,621 27,352 .. .. ..

By other means .. .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −4,524 −13,813 −18,271 −330 −21,639

(1) These figures are based on the Mid-Session Review of the FY 1999 Budget, released by ... No Transactions.

the Office of Management and Budget on May 26, 1998. 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 1997 and 1998

3
Figure 2. Monthly Receipts of the U.S. Government, by Source, Fiscal Years 1997 and 1998

Figure 3. Monthly Outlays of the U.S. Government, by Function, Fiscal Years 1997 and 1998

4
Table 3. Summary of Receipts and Outlays of the U.S. Government, May 1998 and Other Periods

[$ millions]

Current Budget Comparable Classification This Month Fiscal Estimates Prior Period Year to Date Full Fiscal Year (1)

Budget Receipts

Individual income taxes . .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 29,974 542,262 485,350 810,516

Corporation income taxes . ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 3,259 106,551 99,602 187,712

Social insurance and retirement receipts:

Employment and general retirement (off-budget) ... .. .. .. .. .. 33,488 277,192 256,468 419,821

Employment and general retirement (on-budget) ... .. .. .. .. .. 9,073 82,374 75,408 123,260

Unemployment insurance .. .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 8,273 21,182 21,530 27,941

Other retirement . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 406 2,917 2,978 4,328

Excise taxes .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 4,841 40,030 36,058 55,642

Estate and gift taxes .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1,845 16,402 13,295 23,091

Customs duties . ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1,297 11,519 11,268 17,879

Miscellaneous receipts .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 2,823 20,721 16,204 33,595

Total Receipts .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 95,278 1,121,151 1,018,160 1,703,785

(On-budget) ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 61,791 843,958 761,692 1,283,964

(Off-budget) .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 33,488 277,192 256,468 419,821

Budget Outlays

Legislative Branch . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 172 1,720 1,595 2,879

Judicial Branch . ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 283 2,195 2,214 3,719

Department of Agriculture . ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 2,705 35,869 36,760 54,836

Department of Commerce . ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 291 2,447 2,458 4,065

Department of Defense—Military .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 22,189 169,450 173,123 253,360

Department of Education .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1,197 20,777 20,387 30,747

Department of Energy . .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1,144 9,411 9,363 14,574

Department of Health and Human Services . .. .. .. ... .. .. .. .. .. 27,727 233,657 228,132 357,531

Department of Housing and Urban Development . ... .. .. .. .. .. 2,242 19,337 19,579 30,177

Department of the Interior ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 399 4,638 4,522 7,969

Department of Justice . .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1,263 10,387 9,626 15,474

Department of Labor .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 2,391 19,729 20,735 30,562

Department of State . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 308 3,311 3,689 5,261

Department of Transportation .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 2,968 24,794 25,350 40,419

Department of the Treasury:

Interest on the Public Debt . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 27,448 229,199 225,580 362,409

Other .. .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1,166 25,540 24,143 26,352

Department of Veterans Affairs .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 3,595 28,233 27,648 43,074

Corps of Engineers .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 300 2,373 2,515 4,168

Other Defense Civil Programs . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 2,627 20,784 20,127 31,494

Environmental Protection Agency .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 509 4,013 3,963 6,440

Executive Office of the President . .. .. ... .. .. .. .. .. ... .. .. .. .. .. 19 154 152 240

Federal Emergency Management Agency . .. .. .. .. ... .. .. .. .. .. 210 1,456 2,342 3,246

General Services Administration . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 589 1,815 372 944

International Assistance Program .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 547 7,626 28,058 9,619

National Aeronautics and Space Administration . .. ... .. .. .. .. .. 1,149 9,435 9,397 13,723

National Science Foundation .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 231 1,981 1,900 3,165

Office of Personnel Management .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 3,655 30,375 29,860 46,418

Small Business Administration . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 10 279 234 −62

Social Security Administration . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 33,905 267,866 260,477 408,172

Other independent agencies . .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1,814 4,954 −4,328 14,395

Undistributed offsetting receipts:

Interest .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −6,080 −61,374 −58,159 −112,696

Other .. .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −2,916 −27,242 −27,934 −47,950

Total outlays ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 134,057 1,105,189 1,083,878 1,664,724

(On-budget) ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 102,382 892,997 876,756 1,347,095

(Off-budget) .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 31,675 212,192 207,122 317,629

Surplus (+) or deficit (−) ..................................... −38,779 +15,962 −65,718 +39,061

(On-budget) ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −40,591 −49,038 −115,064 −63,131

(Off-budget) .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. +1,812 +65,000 +49,346 +102,192

(1) These figures are based on the Mid-Session Review of the FY 1999 Budget, released by ... No Transactions.

the Office of Management and Budget on May 26, 1998. Note: Details may not add to totals due to rounding.

(2) Outlays for September 1997 have increased by $7 million to reflect additional reporting by

the African Development Foundation.

5
Table 4. Receipts of the U.S. Government, May 1998 and Other Periods

[$ millions]

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

Classification Gross Refunds Gross Refunds Gross Refunds Receipts Receipts Receipts Receipts (Deduct) (Deduct) (Deduct) Receipts Receipts

Individual income taxes:

Withheld .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 49,854 435,262 395,996

Presidential Election Campaign Fund . .. .. .. .. ... .. .. .. .. .. 10 49 52

Other . .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 4,196 197,594 174,880

Total—Individual income taxes .. .. .. .. .. .. ... .. .. .. .. .. 54,060 24,086 29,974 632,904 90,642 542,262 570,928 85,578 485,350

Corporation income taxes . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 4,706 1,447 3,259 124,484 17,933 106,551 115,523 15,921 99,602

Social insurance and retirement receipts:

Employment and general retirement:

Federal old-age and survivors ins. trust fund:

Federal Insurance Contributions Act taxes .. .. .. .. .. .. 28,411 .. .. .. 28,411 226,062 .. .. .. 226,062 208,628 .. .. .. 208,628

Self-Employment Contributions Act taxes ... .. .. .. .. .. 479 .. .. .. 479 13,092 .. .. .. 13,092 11,110 .. .. .. 11,110

Deposits by States . .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. (* *) .. .. .. (* *) −5 ...... −5 26 .. .. .. 26

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

Total—FOASI trust fund . .. ... .. .. .. .. .. ... .. .. .. .. .. 28,890 .. .. .. 28,890 239,149 .. .. .. 239,149 219,765 .. .. .. 219,765

Federal disability insurance trust fund:

Federal Insurance Contributions Act taxes .. .. .. .. .. .. 4,520 .. .. .. 4,520 35,925 .. .. .. 35,925 34,778 .. .. .. 34,778

Self-Employment Contributions Act taxes ... .. .. .. .. .. 78 .. .. .. 78 2,119 .. .. .. 2,119 1,932 .. .. .. 1,932

Receipts from railroad retirement account .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

Deposits by States . .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. (* *) .. .. .. (* *) −1 ...... −1 −6 ...... −6

Total—FDI trust fund . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 4,598 .. .. .. 4,598 38,043 .. .. .. 38,043 36,703 .. .. .. 36,703

Federal hospital insurance trust fund:

Federal Insurance Contributions Act taxes .. .. .. .. .. .. 8,485 .. .. .. 8,485 73,787 .. .. .. 73,787 68,517 .. .. .. 68,517

Self-Employment Contributions Act taxes ... .. .. .. .. .. 192 .. .. .. 192 5,524 .. .. .. 5,524 4,034 .. .. .. 4,034

Receipts from Railroad Retirement Board ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

Deposits by States . .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. (* *) .. .. .. (* *) −2 ...... −2 −18 .. .. .. −18

Total—FHI trust fund . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 8,677 .. .. .. 8,677 79,310 .. .. .. 79,310 72,532 .. .. .. 72,532

Railroad retirement :

Rail industry pension fund . .. ... .. .. .. .. .. ... .. .. .. .. .. 245 1 245 1,607 8 1,599 1,536 5 1,532

Railroad Social Security equivalent benefit . .. .. .. .. .. 151 1 151 1,471 6 1,465 1,348 3 1,344

Total—Employment and general retirement: .. .. .. .. 42,561 1 42,560 359,581 14 359,566 331,884 8 331,876

Unemployment insurance:

State taxes deposited in Treasury .. .. .. .. .. ... .. .. .. .. .. 7,756 .. .. .. 7,756 16,021 .. .. .. 16,021 16,633 .. .. .. 16,633

Federal Unemployment Tax Act taxes .. .. .. ... .. .. .. .. .. 522 8 514 5,188 69 5,119 4,940 64 4,876

Railroad unemployment taxes .. ... .. .. .. .. .. ... .. .. .. .. .. 4 .. .. .. 4 42 .. .. .. 42 20 .. .. .. 20

Railroad debt repayment . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

Total—Unemployment insurance .. .. .. .. .. ... .. .. .. .. .. 8,281 8 8,273 21,251 69 21,182 21,593 64 21,530

Other retirement:

Federal employees retirement − employee share . .. .. .. 400 .. .. .. 400 2,869 .. .. .. 2,869 2,929 .. .. .. 2,929

Non-federal employees retirement .. .. .. .. .. ... .. .. .. .. .. 6 .. .. .. 6 48 .. .. .. 48 49 .. .. .. 49

Total—Other retirement . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 406 .. .. .. 406 2,917 .. .. .. 2,917 2,978 .. .. .. 2,978

Total—Social insurance and retirement

receipts .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 51,248 9 51,239 383,749 84 383,665 356,456 72 356,384

Excise taxes:

Miscellaneous excise taxes1 . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1,488 61 1,427 14,241 152 14,089 18,007 230 17,777

Airport and airway trust fund . .. .. ... .. .. .. .. .. ... .. .. .. .. .. 716 .. .. .. 716 6,131 22 6,108 2,517 28 2,489

Highway trust fund . .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 2,640 .. .. .. 2,640 19,937 518 19,419 16,112 708 15,404

Black lung disability trust fund . .. ... .. .. .. .. .. ... .. .. .. .. .. 58 .. .. .. 58 413 .. .. .. 413 388 .. .. .. 388

Total—Excise taxes .. .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 4,902 61 4,841 40,722 693 40,030 37,024 966 36,058

Estate and gift taxes . ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1,887 41 1,845 16,776 374 16,402 13,621 326 13,295

Customs duties .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1,379 81 1,297 12,472 954 11,519 12,791 1,523 11,268

Miscellaneous Receipts:

Deposits of earnings by Federal Reserve banks .. .. .. .. .. 2,216 .. .. .. 2,216 16,205 .. .. .. 16,205 12,520 .. .. .. 12,520

All other .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 608 1 608 4,532 16 4,516 3,701 17 3,683

Total — Miscellaneous receipts .. .. .. .. .. ... .. .. .. .. .. 2,824 1 2,823 20,737 16 20,721 16,221 17 16,204

Total — Receipts . ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 121,006 25,728 95,278 1,231,845 110,694 1,121,151 1,122,564 104,403 1,018,160

Total — On-budget .. .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 87,518 25,728 61,791 954,653 110,694 843,958 866,095 104,403 761,692

Total — Off-budget .. .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 33,488 .. .. .. 33,488 277,192 .. .. .. 277,192 256,468 .. .. .. 256,468

(1) Includes amounts for the windfall profits tax pursuant to P.L. 96-223. (* *) Less than $500,000.

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

6
Table 5. Outlays of the U.S. Government, May 1998 and Other Periods

[$ millions]

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

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

Legislative Branch:

Senate .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 35 (* *) 35 299 2 297 277 2 276

House of Representatives . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 62 (* *) 62 522 1 522 502 1 501

Joint items .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 8 .. .. .. 8 57 .. .. .. 57 56 .. .. .. 56

Congressional Budget Office .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 2 .. .. .. 2 15 .. .. .. 15 15 .. .. .. 15

Architect of the Capitol .. .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 14 1 12 116 6 110 112 5 107

Library of Congress . .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 32 1 31 404 2 402 368 .. .. .. 368

Government Printing Office .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −4 ...... −4 93 .. .. .. 93 49 .. .. .. 49

General Accounting Office . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 26 .. .. .. 26 221 .. .. .. 221 221 .. .. .. 221

United States Tax Court . .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 2 .. .. .. 2 20 .. .. .. 20 22 .. .. .. 22

Other Legislative Branch agencies ... .. .. .. .. .. ... .. .. .. .. .. 1 .. .. .. 1 4 .. .. .. 4 5 .. .. .. 5

Proprietary receipts from the public .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. 1 −1 ...... 1 −1 ...... 5 −5

Intrabudgetary transactions .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −2 ...... −2 −20 .. .. .. −20 −19 .. .. .. −19

Total—Legislative Branch . .. .. ... .. .. .. .. .. ... .. .. .. .. .. 174 3 172 1,731 11 1,720 1,608 12 1,595

Judicial Branch:

Supreme Court of the United States .. .. .. .. .. ... .. .. .. .. .. 3 .. .. .. 3 20 .. .. .. 20 19 .. .. .. 19

Courts of Appeals, District Courts, and other judicial

services .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 270 2 268 2,061 8 2,053 2,092 5 2,087

Other .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 12 .. .. .. 12 122 .. .. .. 122 108 .. .. .. 108

Total—Judicial Branch . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 285 2 283 2,203 8 2,195 2,220 5 2,214

Department of Agriculture:

Agricultural Research Service . .. .. ... .. .. .. .. .. ... .. .. .. .. .. 66 .. .. .. 66 505 .. .. .. 505 510 .. .. .. 510

Cooperative State Research, Education, and Extension

Service:

Research and education activities . .. .. .. .. .. ... .. .. .. .. .. 34 .. .. .. 34 275 .. .. .. 275 253 .. .. .. 253

Extension activities . ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 29 .. .. .. 29 265 .. .. .. 265 279 .. .. .. 279

Other . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 8 .. .. .. 8 44 .. .. .. 44 36 .. .. .. 36

Animal and Plant Health Inspection Service .. ... .. .. .. .. .. 54 .. .. .. 54 337 .. .. .. 337 330 .. .. .. 330

Food Safety and Inspection Service . .. .. .. .. .. ... .. .. .. .. .. 61 .. .. .. 61 389 .. .. .. 389 373 .. .. .. 373

Agricultural Marketing Service . .. .. ... .. .. .. .. .. ... .. .. .. .. .. 56 1 55 439 1 438 422 1 421

Risk Management Agency:

Administrative and operating expenses .. .. .. ... .. .. .. .. .. 9 .. .. .. 9 88 .. .. .. 88 35 .. .. .. 35

Federal crop insurance corporation fund .. .. ... .. .. .. .. .. 8 1 8 992 502 490 1,064 484 579

Farm Service Agency:

Salaries and expenses .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 52 .. .. .. 52 374 .. .. .. 374 420 .. .. .. 420

Commodity Credit Corporation .. ... .. .. .. .. .. ... .. .. .. .. .. 365 1,071 −706 12,858 5,471 7,387 10,520 4,877 5,643

Agricultural credit insurance fund .. .. .. .. .. .. ... .. .. .. .. .. 20 83 −62 345 956 −611 372 1,021 −649

Other . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 2 .. .. .. 2 53 .. .. .. 53 64 .. .. .. 64

Total—Farm Service Agency . ... .. .. .. .. .. ... .. .. .. .. .. 439 1,154 −715 13,630 6,427 7,203 11,376 5,898 5,478

Natural Resources Conservation Service:

Conservation operations . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 29 .. .. .. 29 384 .. .. .. 384 422 .. .. .. 422

Watershed and flood prevention operations . ... .. .. .. .. .. 15 .. .. .. 15 154 .. .. .. 154 165 .. .. .. 165

Other . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 6 .. .. .. 6 51 .. .. .. 51 64 .. .. .. 64

Rural Development .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 43 .. .. .. 43 373 .. .. .. 373 388 .. .. .. 388

Rural Utilities Service:

Rural electrification and telecommunications fund . .. .. .. 30 146 −116 1,211 1,743 −532 1,618 2,153 −534

Rural Development insurance fund .. .. .. .. .. ... .. .. .. .. .. 69 35 34 392 385 8 405 336 69

Other . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 23 −4 27 45 138 −93 470 556 −86

Rural Housing Service:

Rural housing insurance fund . .. ... .. .. .. .. .. ... .. .. .. .. .. 177 210 −33 1,435 1,473 −38 1,954 1,568 386

Rental assistance program .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 44 .. .. .. 44 354 .. .. .. 354 339 .. .. .. 339

Other . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 22 .. .. .. 22 −44 .. .. .. −44 −42 .. .. .. −42

Foreign Agricultural Service . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 72 .. .. .. 72 306 .. .. .. 306 383 .. .. .. 383

Food and Nutrition Service:

Food stamp program .. .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1,612 .. .. .. 1,612 13,632 .. .. .. 13,632 15,826 .. .. .. 15,826

Child nutrition programs . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 756 .. .. .. 756 6,413 .. .. .. 6,413 6,223 .. .. .. 6,223

Women, infants and children programs . .. .. ... .. .. .. .. .. 322 .. .. .. 322 2,687 .. .. .. 2,687 2,707 .. .. .. 2,707

Other . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 26 .. .. .. 26 262 .. .. .. 262 288 .. .. .. 288

Total—Food and Nutrition Service .. .. .. .. ... .. .. .. .. .. 2,716 .. .. .. 2,716 22,994 .. .. .. 22,994 25,045 .. .. .. 25,045

Forest Service:

National forest system . .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 141 .. .. .. 141 933 .. .. .. 933 811 .. .. .. 811

Wildland fire management .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 26 .. .. .. 26 214 .. .. .. 214 552 .. .. .. 552

Forest service permanent appropriations .. .. ... .. .. .. .. .. 10 .. .. .. 10 203 .. .. .. 203 252 .. .. .. 252

Other . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 51 .. .. .. 51 601 .. .. .. 601 478 .. .. .. 478

Total—Forest Service . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 228 .. .. .. 228 1,951 .. .. .. 1,951 2,093 .. .. .. 2,093

Other .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 45 3 42 422 26 396 368 23 345

Proprietary receipts from the public .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. 34 −34 .. .. .. 427 −427 .. .. .. 566 −566

Intrabudgetary transactions .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. (* *) .. .. .. (* *) −5 ...... −5

Total—Department of Agriculture .. .. .. .. .. ... .. .. .. .. .. 4,284 1,578 2,705 46,991 11,123 35,869 48,345 11,585 36,760

7
Table 5. Outlays of the U.S. Government, May 1998 and Other Periods—Continued

[$ millions]

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

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

Department of Commerce:

Economic Development Administration . .. .. .. .. ... .. .. .. .. .. 31 (* *) 30 262 6 257 285 16 269

Bureau of the Census ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 45 .. .. .. 45 307 .. .. .. 307 167 .. .. .. 167

Promotion of Industry and Commerce . .. .. .. .. ... .. .. .. .. .. 25 .. .. .. 25 228 .. .. .. 228 239 .. .. .. 239

Science and Technology:

National Oceanic and Atmospheric Administration . .. .. .. 130 (* *) 130 1,293 12 1,281 1,285 10 1,276

National Institute of Standards and Technology . .. .. .. .. 58 .. .. .. 58 446 .. .. .. 446 439 .. .. .. 439

Other . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 9 2 7 −14 23 −38 98 19 79

Total—Science and Technology . .. .. .. .. .. ... .. .. .. .. .. 197 2 195 1,725 35 1,690 1,822 29 1,793

Other .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 6 (* *) 6 56 2 54 76 1 75

Proprietary receipts from the public .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. 10 −10 .. .. .. 88 −88 .. .. .. 85 −85

Intrabudgetary transactions .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. (* *) .. .. .. (* *) (* *) .. .. .. (* *)

Offsetting governmental receipts .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

Total—Department of Commerce .. .. .. .. .. ... .. .. .. .. .. 304 13 291 2,578 131 2,447 2,589 131 2,458

Department of Defense—Military:

Military Personnel:

Department of the Army .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 2,080 .. .. .. 2,080 16,649 .. .. .. 16,649 17,836 .. .. .. 17,836

Department of the Navy .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 2,211 .. .. .. 2,211 16,077 .. .. .. 16,077 17,120 .. .. .. 17,120

Department of the Air Force .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1,546 .. .. .. 1,546 12,481 .. .. .. 12,481 13,277 .. .. .. 13,277

Total—Military Personnel .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 5,836 .. .. .. 5,836 45,207 .. .. .. 45,207 48,232 .. .. .. 48,232

Operation and Maintenance:

Department of the Army .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1,861 .. .. .. 1,861 14,444 .. .. .. 14,444 15,102 .. .. .. 15,102

Department of the Navy .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 2,120 .. .. .. 2,120 15,526 .. .. .. 15,526 15,805 .. .. .. 15,805

Department of the Air Force .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1,842 .. .. .. 1,842 16,169 .. .. .. 16,169 16,011 .. .. .. 16,011

Defense agencies . .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1,899 .. .. .. 1,899 14,333 .. .. .. 14,333 13,991 .. .. .. 13,991

Total—Operation and Maintenance . .. .. ... .. .. .. .. .. 7,722 .. .. .. 7,722 60,473 .. .. .. 60,473 60,910 .. .. .. 60,910

Procurement:

Department of the Army .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 669 .. .. .. 669 5,363 .. .. .. 5,363 5,272 .. .. .. 5,272

Department of the Navy .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1,411 .. .. .. 1,411 11,902 .. .. .. 11,902 11,780 .. .. .. 11,780

Department of the Air Force .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1,408 .. .. .. 1,408 11,901 .. .. .. 11,901 11,389 .. .. .. 11,389

Defense agencies . .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 364 .. .. .. 364 2,379 .. .. .. 2,379 2,102 .. .. .. 2,102

Total—Procurement . .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 3,853 .. .. .. 3,853 31,545 .. .. .. 31,545 30,544 .. .. .. 30,544

Research, Development, Test, and Evaluation:

Department of the Army .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 353 .. .. .. 353 3,090 .. .. .. 3,090 3,256 .. .. .. 3,256

Department of the Navy .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 629 .. .. .. 629 5,401 .. .. .. 5,401 5,339 .. .. .. 5,339

Department of the Air Force .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1,691 .. .. .. 1,691 10,088 .. .. .. 10,088 8,838 .. .. .. 8,838

Defense agencies . .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 849 .. .. .. 849 6,472 .. .. .. 6,472 6,487 .. .. .. 6,487

Total—Research, Development, Test, and

Evaluation . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 3,522 .. .. .. 3,522 25,051 .. .. .. 25,051 23,920 .. .. .. 23,920

Military Construction:

Department of the Army .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 56 .. .. .. 56 680 .. .. .. 680 697 .. .. .. 697

Department of the Navy .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 67 .. .. .. 67 489 .. .. .. 489 407 .. .. .. 407

Department of the Air Force .. .. ... .. .. .. .. .. ... .. .. .. .. .. 93 .. .. .. 93 663 .. .. .. 663 646 .. .. .. 646

Defense agencies . .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 200 .. .. .. 200 2,132 .. .. .. 2,132 2,243 .. .. .. 2,243

Total—Military Construction . .. ... .. .. .. .. .. ... .. .. .. .. .. 417 .. .. .. 417 3,964 .. .. .. 3,964 3,993 .. .. .. 3,993

Family Housing:

Department of the Army .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 105 .. .. .. 105 816 .. .. .. 816 899 .. .. .. 899

Department of the Navy .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 114 .. .. .. 114 866 .. .. .. 866 865 .. .. .. 865

Department of the Air Force .. .. ... .. .. .. .. .. ... .. .. .. .. .. 78 .. .. .. 78 650 .. .. .. 650 717 .. .. .. 717

Defense agencies . .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 11 7 4 88 42 46 95 41 54

Revolving and Management Funds:

Department of the Army .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 31 .. .. .. 31 −10 .. .. .. −10 48 .. .. .. 48

Department of the Navy .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 105 .. .. .. 105 1,073 .. .. .. 1,073 163 .. .. .. 163

Department of the Air Force .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 1 .. .. .. 1

Defense agencies:

Working capital fund .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 759 .. .. .. 759 −25 .. .. .. −25 2,976 .. .. .. 2,976

Other . .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −68 (* *) −68 −417 2 −419 −248 1 −248

Trust funds:

Department of the Army .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. (* *) .. .. .. (* *) (* *) .. .. .. (* *) (* *) .. .. .. (* *)

Department of the Navy .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1 .. .. .. 1 17 (* *) 17 17 3 14

Department of the Air Force .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1 1 (* *) 7 7 (* *) 10 10 (* *)

Defense agencies . .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 15 .. .. .. 15 145 .. .. .. 145 114 .. .. .. 114

Proprietary receipts from the public:

Department of the Army .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. −26 26 .. .. .. −18 18 .. .. .. 276 −276

Department of the Navy .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. 208 −208 .. .. .. 396 −396 .. .. .. 88 −88

Department of the Air Force .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. 35 −35 .. .. .. 172 −172 .. .. .. 159 −159

Defense agencies . .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. 23 −23 .. .. .. 226 −226 .. .. .. 243 −243

8
Table 5. Outlays of the U.S. Government, May 1998 and Other Periods—Continued

[$ millions]

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

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

Department of Defense—Military:—Continued

Intrabudgetary transactions:

Department of the Army .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 14 .. .. .. 14 67 .. .. .. 67 16 .. .. .. 16

Department of the Navy .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −39 .. .. .. −39 717 .. .. .. 717 759 .. .. .. 759

Department of the Air Force .. .. ... .. .. .. .. .. ... .. .. .. .. .. −33 .. .. .. −33 132 .. .. .. 132 74 .. .. .. 74

Defense agencies . .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −8 ...... −8 −87 .. .. .. −87 −153 .. .. .. −153

Offsetting governmental receipts:

Department of the Army .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 3 −3 .. .. .. 10 −10

Total—Department of Defense—Military ... .. .. .. .. .. 22,437 248 22,189 170,280 829 169,450 173,953 830 173,123

Department of Education:

Office of Elementary and Secondary Education:

Education reform . .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 23 .. .. .. 23 562 .. .. .. 562 286 .. .. .. 286

Education for the disadvantaged .. .. .. .. .. .. ... .. .. .. .. .. 437 .. .. .. 437 5,138 .. .. .. 5,138 5,094 .. .. .. 5,094

Impact aid ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 6 .. .. .. 6 589 .. .. .. 589 565 .. .. .. 565

School improvement programs .. ... .. .. .. .. .. ... .. .. .. .. .. 66 .. .. .. 66 952 .. .. .. 952 879 .. .. .. 879

Other . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 4 .. .. .. 4 33 .. .. .. 33 37 .. .. .. 37

Total—Office of Elementary and Secondary

Education .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 537 .. .. .. 537 7,274 .. .. .. 7,274 6,862 .. .. .. 6,862

Office of Bilingual Education and Minority Languages

Affairs .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 8 .. .. .. 8 124 .. .. .. 124 116 .. .. .. 116

Office of Special Education and Rehabilitative Services:

Special education . .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 292 .. .. .. 292 2,669 .. .. .. 2,669 2,307 .. .. .. 2,307

Rehabilitation services and disability research . .. .. .. .. .. 117 .. .. .. 117 1,648 .. .. .. 1,648 1,629 .. .. .. 1,629

Special institutions for persons with disabilities .. .. .. .. .. 7 .. .. .. 7 88 .. .. .. 88 86 .. .. .. 86

Office of Vocational and Adult Education . .. .. ... .. .. .. .. .. 65 .. .. .. 65 998 .. .. .. 998 912 .. .. .. 912

Office of Postsecondary Education:

College housing and academic facilities loans . .. .. .. .. .. 4 4 −1 6 67 −61 21 39 −18

Student financial assistance . .. .. ... .. .. .. .. .. ... .. .. .. .. .. 133 .. .. .. 133 5,646 .. .. .. 5,646 5,151 .. .. .. 5,151

Higher education .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 26 .. .. .. 26 498 .. .. .. 498 506 .. .. .. 506

Howard University .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 12 .. .. .. 12 128 .. .. .. 128 126 .. .. .. 126

Federal direct student loan program .. .. .. .. ... .. .. .. .. .. 18 .. .. .. 18 495 .. .. .. 495 524 .. .. .. 524

Federal family education loans . ... .. .. .. .. .. ... .. .. .. .. .. −74 .. .. .. −74 678 .. .. .. 678 1,738 .. .. .. 1,738

Total—Office of Postsecondary Education ... .. .. .. .. .. 120 4 116 7,451 67 7,384 8,066 39 8,027

Office of Educational Research and Improvement . .. .. .. .. 29 .. .. .. 29 322 .. .. .. 322 199 .. .. .. 199

Departmental Management .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 28 .. .. .. 28 269 .. .. .. 269 277 .. .. .. 277

Proprietary receipts from the public .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 28 −28

Total—Department of Education . .. .. .. .. .. ... .. .. .. .. .. 1,201 4 1,197 20,844 67 20,777 20,454 67 20,387

Department of Energy:

Atomic Energy Defense Activities:

Weapons activities .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 291 .. .. .. 291 2,586 .. .. .. 2,586 2,715 .. .. .. 2,715

Defense environmental restoration and waste

management . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 275 .. .. .. 275 3,017 .. .. .. 3,017 3,857 .. .. .. 3,857

Defense facilities closure projects . .. .. .. .. .. ... .. .. .. .. .. 61 .. .. .. 61 579 .. .. .. 579 .. .. .. .. .. .. .. .. ..

Other defense activities . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 153 .. .. .. 153 1,091 .. .. .. 1,091 1,018 .. .. .. 1,018

Defense nuclear waste disposal ... .. .. .. .. .. ... .. .. .. .. .. 32 .. .. .. 32 177 .. .. .. 177 106 .. .. .. 106

Energy Programs:

Science . .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 168 .. .. .. 168 1,445 .. .. .. 1,445 701 .. .. .. 701

Energy supply . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 88 .. .. .. 88 1,037 .. .. .. 1,037 1,993 .. .. .. 1,993

Non-defense environmental management . .. ... .. .. .. .. .. 31 .. .. .. 31 292 .. .. .. 292 .. .. .. .. .. .. .. .. ..

Fossil energy research and development . .. ... .. .. .. .. .. 29 .. .. .. 29 228 .. .. .. 228 289 .. .. .. 289

Energy conservation ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 53 .. .. .. 53 387 .. .. .. 387 375 .. .. .. 375

Strategic petroleum reserve . .. .. ... .. .. .. .. .. ... .. .. .. .. .. 19 .. .. .. 19 155 .. .. .. 155 151 .. .. .. 151

Uranium enrichment decontamination and

decommissioning fund .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 17 .. .. .. 17 190 .. .. .. 190 116 .. .. .. 116

Other . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 36 1 35 400 18 382 532 4 528

Total—Energy Programs .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 442 1 442 4,133 18 4,115 4,158 4 4,154

Power Marketing Administration . .. ... .. .. .. .. .. ... .. .. .. .. .. 167 140 27 967 1,261 −294 995 1,323 −328

Departmental Administration . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 20 .. .. .. 20 123 .. .. .. 123 154 .. .. .. 154

Proprietary receipts from the public .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. 10 −10 .. .. .. 1,154 −1,154 .. .. .. 1,584 −1,584

Intrabudgetary transactions .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −146 .. .. .. −146 −829 .. .. .. −829 −730 .. .. .. −730

Offsetting governmental receipts .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

Total—Department of Energy . ... .. .. .. .. .. ... .. .. .. .. .. 1,295 151 1,144 11,844 2,433 9,411 12,274 2,911 9,363

9
Table 5. Outlays of the U.S. Government, May 1998 and Other Periods—Continued

[$ millions]

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

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

Department of Health and Human Services:

Public Health Service:

Food and Drug Administration .. ... .. .. .. .. .. ... .. .. .. .. .. 51 (* *) 51 495 3 492 574 3 570

Health Resources and Services Administration .. .. .. .. .. 299 .. .. .. 299 2,322 4 2,318 2,339 1 2,337

Indian Health Services .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 113 .. .. .. 113 1,621 .. .. .. 1,621 1,601 .. .. .. 1,601

Centers for Disease Control and Prevention ... .. .. .. .. .. 211 .. .. .. 211 1,539 .. .. .. 1,539 1,532 .. .. .. 1,532

National Institutes of Health .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1,067 .. .. .. 1,067 8,049 .. .. .. 8,049 7,857 .. .. .. 7,857

Substance Abuse and Mental Health Services

Administration .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 230 .. .. .. 230 1,417 .. .. .. 1,417 875 .. .. .. 875

Agency for Health Care Policy and Research . .. .. .. .. .. 14 .. .. .. 14 48 .. .. .. 48 88 .. .. .. 88

Total—Public Health Service . ... .. .. .. .. .. ... .. .. .. .. .. 1,984 (* *) 1,984 15,491 8 15,484 14,866 4 14,862

Health Care Financing Administration:

Grants to States for Medicaid .. ... .. .. .. .. .. ... .. .. .. .. .. 7,872 .. .. .. 7,872 66,957 .. .. .. 66,957 63,462 .. .. .. 63,462

Payments to health care trust funds .. .. .. .. ... .. .. .. .. .. 4,944 .. .. .. 4,944 43,858 .. .. .. 43,858 43,081 .. .. .. 43,081

Federal hospital insurance trust fund:

Benefit payments . ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 10,663 .. .. .. 10,663 89,917 .. .. .. 89,917 91,587 .. .. .. 91,587

Administrative expenses .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 29 .. .. .. 29 780 .. .. .. 780 799 .. .. .. 799

Total—FHI trust fund . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 10,693 .. .. .. 10,693 90,698 .. .. .. 90,698 92,386 .. .. .. 92,386

Health care fraud and abuse control .. .. .. .. ... .. .. .. .. .. 24 .. .. .. 24 312 .. .. .. 312 338 .. .. .. 338

Federal supplementary medical insurance trust fund:

Benefit payments . ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 6,237 .. .. .. 6,237 50,553 .. .. .. 50,553 47,664 .. .. .. 47,664

Administrative expenses .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 109 .. .. .. 109 947 .. .. .. 947 934 .. .. .. 934

Total—FSMI trust fund . .. .. ... .. .. .. .. .. ... .. .. .. .. .. 6,346 .. .. .. 6,346 51,500 .. .. .. 51,500 48,598 .. .. .. 48,598

Other . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 46 .. .. .. 46 −73 .. .. .. −73 −2 ...... −2

Total—Health Care Financing Administration .. .. .. .. .. 29,926 .. .. .. 29,926 253,251 .. .. .. 253,251 247,864 .. .. .. 247,864

Administration for Children and Families:

Temporary assistance for needy families . .. ... .. .. .. .. .. 873 .. .. .. 873 8,876 .. .. .. 8,876 5,931 .. .. .. 5,931

Family support payments to States . .. .. .. .. ... .. .. .. .. .. 98 .. .. .. 98 1,255 .. .. .. 1,255 4,243 .. .. .. 4,243

Low income home energy assistance . .. .. .. ... .. .. .. .. .. 61 .. .. .. 61 920 .. .. .. 920 1,010 .. .. .. 1,010

Refugee and entrant assistance ... .. .. .. .. .. ... .. .. .. .. .. 24 .. .. .. 24 218 .. .. .. 218 197 .. .. .. 197

Job opportunities and basic skills training program . .. .. (* *) .. .. .. (* *) 44 .. .. .. 44 311 .. .. .. 311

Child care entitlement to States ... .. .. .. .. .. ... .. .. .. .. .. 222 .. .. .. 222 1,382 .. .. .. 1,382 743 .. .. .. 743

Payments to States for the child care and development

block grant . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 104 .. .. .. 104 680 .. .. .. 680 616 .. .. .. 616

Social services block grant . .. .. ... .. .. .. .. .. ... .. .. .. .. .. 144 .. .. .. 144 1,718 .. .. .. 1,718 1,782 .. .. .. 1,782

Children and families services programs .. .. ... .. .. .. .. .. 457 .. .. .. 457 3,696 .. .. .. 3,696 3,475 .. .. .. 3,475

Payments to States for foster care and adoption

assistance .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 290 .. .. .. 290 2,961 .. .. .. 2,961 2,683 .. .. .. 2,683

Other . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 16 .. .. .. 16 163 .. .. .. 163 123 .. .. .. 123

Total—Administration for Children and Families . .. .. .. 2,289 .. .. .. 2,289 21,913 .. .. .. 21,913 21,113 .. .. .. 21,113

Administration on Aging . .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 65 .. .. .. 65 554 .. .. .. 554 569 .. .. .. 569

Other .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 135 .. .. .. 135 472 .. .. .. 472 368 .. .. .. 368

Proprietary receipts from the public .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. 1,727 −1,727 .. .. .. 14,161 −14,161 .. .. .. 13,562 −13,562

Intrabudgetary transactions:

Payments for health insurance for the aged:

Federal hospital insurance trust fund . .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

Federal supplementary medical insurance trust fund . −4,942 .. .. .. −4,942 −39,934 .. .. .. −39,934 −39,460 .. .. .. −39,460

Payments for tax and other credits:

Federal hospital insurance trust fund . .. .. ... .. .. .. .. .. −2 ...... −2 −3,923 .. .. .. −3,923 −3,621 .. .. .. −3,621

Total—Department of Health and Human

Services . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 29,454 1,727 27,727 247,825 14,168 233,657 241,698 13,567 228,132

10
Table 5. Outlays of the U.S. Government, May 1998 and Other Periods—Continued

[$ millions]

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

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

Department of Housing and Urban Development:

Housing Programs:

Public enterprise funds .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 3 4 −1 28 39 −11 72 57 15

Credit accounts:

Federal housing administration fund .. .. .. ... .. .. .. .. .. 979 1,112 −133 7,390 8,713 −1,323 10,581 12,115 −1,534

Housing for the elderly or handicapped fund . .. .. .. .. 1 64 −63 370 465 −95 575 459 116

Other . .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 64 .. .. .. 64 488 .. .. .. 488 530 .. .. .. 530

Rent supplement payments . .. .. ... .. .. .. .. .. ... .. .. .. .. .. 4 .. .. .. 4 36 .. .. .. 36 38 .. .. .. 38

Homeownership assistance .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 4 .. .. .. 4 39 .. .. .. 39 54 .. .. .. 54

Rental housing assistance .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 54 .. .. .. 54 428 .. .. .. 428 437 .. .. .. 437

Rental housing development grants . .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

Low-rent public housing . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 63 .. .. .. 63 496 .. .. .. 496 502 .. .. .. 502

Public housing grants . .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 217 .. .. .. 217 2,169 .. .. .. 2,169 2,340 .. .. .. 2,340

College housing grants .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1 .. .. .. 1 12 .. .. .. 12 11 (* *) 11

Lower income housing assistance . .. .. .. .. .. ... .. .. .. .. .. 665 .. .. .. 665 6,355 .. .. .. 6,355 5,997 .. .. .. 5,997

Section 8 contract renewals .. .. ... .. .. .. .. .. ... .. .. .. .. .. 224 .. .. .. 224 2,647 .. .. .. 2,647 4,749 .. .. .. 4,749

Other . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 453 .. .. .. 453 3,284 .. .. .. 3,284 1,150 .. .. .. 1,150

Total—Housing Programs . .. .. ... .. .. .. .. .. ... .. .. .. .. .. 2,732 1,180 1,552 23,742 9,217 14,525 27,037 12,631 14,406

Public and Indian Housing Programs:

Low-rent public housing—loans and other expenses .. .. 2 (* *) 1 224 188 37 256 175 81

Payments for operation of low-income housing

projects .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 157 .. .. .. 157 742 .. .. .. 742 1,271 .. .. .. 1,271

Community Partnerships Against Crime . .. .. ... .. .. .. .. .. 23 .. .. .. 23 181 .. .. .. 181 176 .. .. .. 176

Other . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 124 .. .. .. 124 331 .. .. .. 331 145 .. .. .. 145

Total—Public and Indian Housing Programs .. .. .. .. .. 306 (* *) 305 1,478 188 1,290 1,847 175 1,673

Government National Mortgage Association:

Management and liquidating functions fund . ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. (* *) .. .. .. (* *) .. .. .. .. .. .. .. .. ..

Guarantees of mortgage-backed securities .. ... .. .. .. .. .. 13 70 −57 121 543 −422 136 528 −392

Total—Government National Mortgage Association .. .. 13 70 −57 121 543 −422 136 528 −392

Community Planning and Development:

Community development grants . ... .. .. .. .. .. ... .. .. .. .. .. 355 .. .. .. 355 3,023 .. .. .. 3,023 2,933 .. .. .. 2,933

Home investment partnerships program . .. .. ... .. .. .. .. .. 93 .. .. .. 93 849 .. .. .. 849 786 .. .. .. 786

Other . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 23 7 16 177 53 124 225 66 159

Total—Community Planning and Development .. .. .. .. 471 7 464 4,049 53 3,996 3,944 66 3,878

Management and Administration .. ... .. .. .. .. .. ... .. .. .. .. .. 23 .. .. .. 23 263 .. .. .. 263 315 .. .. .. 315

Other .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 3 .. .. .. 3 38 .. .. .. 38 44 .. .. .. 44

Proprietary receipts from the public .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. 39 −39 .. .. .. 337 −337 .. .. .. 331 −331

Offsetting governmental receipts .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. 8 −8 .. .. .. 16 −16 .. .. .. 15 −15

Total—Department of Housing and Urban

Development .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 3,547 1,305 2,242 29,691 10,354 19,337 33,324 13,745 19,579

Department of the Interior:

Land and Minerals Management:

Bureau of Land Management:

Management of lands and resources . .. .. ... .. .. .. .. .. 46 .. .. .. 46 394 .. .. .. 394 388 .. .. .. 388

Other . .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 29 (* *) 29 245 10 235 324 4 320

Minerals Management Service .. ... .. .. .. .. .. ... .. .. .. .. .. 30 .. .. .. 30 446 .. .. .. 446 521 .. .. .. 521

Office of Surface Mining Reclamation and

Enforcement . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 20 .. .. .. 20 216 .. .. .. 216 214 .. .. .. 214

Total—Land and Minerals Management .. ... .. .. .. .. .. 125 (* *) 125 1,302 10 1,292 1,446 4 1,442

Water and Science:

Bureau of Reclamation:

Water and related resources . ... .. .. .. .. .. ... .. .. .. .. .. 47 .. .. .. 47 358 .. .. .. 358 313 .. .. .. 313

Other . .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 10 12 −2 218 123 95 272 85 186

United States Geological Survey .. .. .. .. .. .. ... .. .. .. .. .. 41 .. .. .. 41 486 .. .. .. 486 480 .. .. .. 480

Other . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −1 ...... −1 35 .. .. .. 35 54 .. .. .. 54

Total—Water and Science .. .. ... .. .. .. .. .. ... .. .. .. .. .. 97 12 85 1,097 123 975 1,118 85 1,033

Fish and Wildlife and Parks:

United States Fish and Wildlife Service . .. .. ... .. .. .. .. .. 88 .. .. .. 88 851 .. .. .. 851 811 .. .. .. 811

National Park Service . .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 133 .. .. .. 133 1,097 .. .. .. 1,097 1,015 .. .. .. 1,015

Total—Fish and Wildlife and Parks . .. .. .. ... .. .. .. .. .. 221 .. .. .. 221 1,948 .. .. .. 1,948 1,826 .. .. .. 1,826

11
Table 5. Outlays of the U.S. Government, May 1998 and Other Periods—Continued

[$ millions]

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

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

Department of the Interior:—Continued

Bureau of Indian Affairs . .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 89 3 86 1,312 8 1,304 1,278 5 1,273

Departmental Offices:

Insular affairs . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 4 .. .. .. 4 182 .. .. .. 182 206 .. .. .. 206

Office of Special Trustee for American Indians . .. .. .. .. 25 .. .. .. 25 331 .. .. .. 331 259 .. .. .. 259

Other . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 9 2 7 90 8 82 120 .. .. .. 120

Proprietary receipts from the public .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. 139 −139 .. .. .. 1,300 −1,300 .. .. .. 1,423 −1,423

Intrabudgetary transactions .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −16 .. .. .. −16 −177 .. .. .. −177 −214 .. .. .. −214

Total—Department of the Interior . .. .. .. .. ... .. .. .. .. .. 555 156 399 6,086 1,449 4,638 6,040 1,518 4,522

Department of Justice:

General Administration ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −6 ...... −6 233 .. .. .. 233 264 .. .. .. 264

Legal Activities and United States Marshalls:

United States Attorneys . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 91 .. .. .. 91 650 .. .. .. 650 581 .. .. .. 581

Other . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 137 .. .. .. 137 1,267 .. .. .. 1,267 1,115 .. .. .. 1,115

Federal Bureau of Investigation . .. ... .. .. .. .. .. ... .. .. .. .. .. 229 .. .. .. 229 1,987 .. .. .. 1,987 1,784 .. .. .. 1,784

Drug Enforcement Administration . ... .. .. .. .. .. ... .. .. .. .. .. 78 .. .. .. 78 677 .. .. .. 677 691 .. .. .. 691

Immigration and Naturalization Service .. .. .. .. ... .. .. .. .. .. 267 .. .. .. 267 2,206 .. .. .. 2,206 1,771 .. .. .. 1,771

Federal Prison System .. .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 258 15 243 2,065 116 1,949 2,040 116 1,924

Office of Justice Programs:

Violent crime reduction programs .. .. .. .. .. .. ... .. .. .. .. .. 142 .. .. .. 142 705 .. .. .. 705 1,003 .. .. .. 1,003

Community oriented policing services . .. .. .. ... .. .. .. .. .. 97 .. .. .. 97 676 .. .. .. 676 369 .. .. .. 369

Other . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 50 .. .. .. 50 634 .. .. .. 634 682 .. .. .. 682

Other .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 2 .. .. .. 2 130 .. .. .. 130 232 .. .. .. 232

Intrabudgetary transactions .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −4 ...... −4 −38 .. .. .. −38 −74 .. .. .. −74

Offsetting governmental receipts .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. 64 −64 .. .. .. 689 −689 .. .. .. 715 −715

Total—Department of Justice . ... .. .. .. .. .. ... .. .. .. .. .. 1,341 79 1,263 11,193 806 10,387 10,457 832 9,626

Department of Labor:

Employment and Training Administration:

Training and employment services .. .. .. .. .. ... .. .. .. .. .. 353 .. .. .. 353 2,761 .. .. .. 2,761 2,584 .. .. .. 2,584

Welfare to work jobs .. .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1 .. .. .. 1 2 .. .. .. 2 .. .. .. .. .. .. .. .. ..

Community Service Employment for Older Americans .. 40 .. .. .. 40 294 .. .. .. 294 265 .. .. .. 265

Federal unemployment benefits and allowances . .. .. .. .. 24 .. .. .. 24 197 .. .. .. 197 217 .. .. .. 217

State unemployment insurance and employment service

operations .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 33 .. .. .. 33 170 .. .. .. 170 92 .. .. .. 92

Advances to the unemployment trust fund and other

funds .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. 10 .. .. .. 10 15 .. .. .. 15

Unemployment trust fund:

Federal-State unemployment insurance:

State unemployment benefits .. .. .. .. .. .. ... .. .. .. .. .. 1,426 .. .. .. 1,426 13,622 .. .. .. 13,622 14,754 .. .. .. 14,754

State administrative expenses ... .. .. .. .. .. ... .. .. .. .. .. 241 .. .. .. 241 2,008 .. .. .. 2,008 2,020 .. .. .. 2,020

Federal administrative expenses .. .. .. .. .. ... .. .. .. .. .. 10 .. .. .. 10 165 .. .. .. 165 171 .. .. .. 171

Veterans employment and training .. .. .. .. ... .. .. .. .. .. 16 .. .. .. 16 123 .. .. .. 123 113 .. .. .. 113

Repayment of advances from the general fund . .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

Other . .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. (* *) .. .. .. (* *) 2 .. .. .. 2 2 .. .. .. 2

Total—Unemployment trust fund .. .. .. .. ... .. .. .. .. .. 1,694 .. .. .. 1,694 15,920 .. .. .. 15,920 17,060 .. .. .. 17,060

Other . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 5 .. .. .. 5 56 .. .. .. 56 52 .. .. .. 52

Total—Employment and Training Administration . .. .. .. 2,149 .. .. .. 2,149 19,410 .. .. .. 19,410 20,284 .. .. .. 20,284

Pension Benefit Guaranty Corporation . .. .. .. .. ... .. .. .. .. .. 91 74 17 691 1,442 −751 640 1,146 −506

Employment Standards Administration:

Salaries and expenses .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 19 .. .. .. 19 193 .. .. .. 193 175 .. .. .. 175

Special benefits . .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 126 .. .. .. 126 66 .. .. .. 66 40 .. .. .. 40

Black lung disability trust fund .. ... .. .. .. .. .. ... .. .. .. .. .. 43 .. .. .. 43 337 .. .. .. 337 352 .. .. .. 352

Other . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 11 .. .. .. 11 102 .. .. .. 102 101 .. .. .. 101

Occupational Safety and Health Administration .. .. .. .. .. .. 24 .. .. .. 24 222 .. .. .. 222 212 .. .. .. 212

Bureau of Labor Statistics . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 23 .. .. .. 23 220 .. .. .. 220 203 .. .. .. 203

Other .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 37 .. .. .. 37 300 .. .. .. 300 294 .. .. .. 294

Proprietary receipts from the public .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. 1 −1 ...... 2 −2 ...... 4 −4

Intrabudgetary transactions .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −56 .. .. .. −56 −368 .. .. .. −368 −417 .. .. .. −417

Total—Department of Labor . .. ... .. .. .. .. .. ... .. .. .. .. .. 2,466 75 2,391 21,174 1,444 19,729 21,885 1,150 20,735

12
Table 5. Outlays of the U.S. Government, May 1998 and Other Periods—Continued

[$ millions]

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

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

Department of State:

Administration of Foreign Affairs:

Diplomatic and consular programs .. .. .. .. .. ... .. .. .. .. .. 77 .. .. .. 77 916 .. .. .. 916 975 .. .. .. 975

Security and maintenance of United States missions . .. 37 .. .. .. 37 155 .. .. .. 155 395 .. .. .. 395

Payment to Foreign Service retirement and disability

fund . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. 130 .. .. .. 130 126 .. .. .. 126

Foreign Service retirement and disability fund . .. .. .. .. .. 44 .. .. .. 44 343 .. .. .. 343 330 .. .. .. 330

Other . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 16 .. .. .. 16 405 .. .. .. 405 216 .. .. .. 216

Total—Administration of Foreign Affairs . .. ... .. .. .. .. .. 173 .. .. .. 173 1,950 .. .. .. 1,950 2,042 .. .. .. 2,042

International Organizations and Conferences .. ... .. .. .. .. .. 75 .. .. .. 75 936 .. .. .. 936 1,143 .. .. .. 1,143

Migration and refugee assistance . ... .. .. .. .. .. ... .. .. .. .. .. 37 .. .. .. 37 469 .. .. .. 469 515 .. .. .. 515

Other .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 23 .. .. .. 23 131 .. .. .. 131 167 .. .. .. 167

Proprietary receipts from the public .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. (* *) (* *) .. .. .. .. .. .. .. .. ..

Intrabudgetary transactions .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. (* *) .. .. .. (* *) −174 .. .. .. −174 −178 .. .. .. −178

Offsetting governmental receipts .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

Total—Department of State . .. ... .. .. .. .. .. ... .. .. .. .. .. 308 .. .. .. 308 3,311 (* *) 3,311 3,689 .. .. .. 3,689

Department of Transportation:

Coast Guard:

Operating expenses ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 198 .. .. .. 198 1,715 .. .. .. 1,715 1,743 .. .. .. 1,743

Acquisition, construction, and improvements ... .. .. .. .. .. 3 .. .. .. 3 189 .. .. .. 189 227 .. .. .. 227

Retired pay . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 53 .. .. .. 53 426 .. .. .. 426 416 .. .. .. 416

Other . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 33 (* *) 33 149 3 146 143 3 140

Total—Coast Guard . .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 287 (* *) 287 2,479 3 2,476 2,528 3 2,525

Federal Aviation Administration:

Operations .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 268 .. .. .. 268 2,189 .. .. .. 2,189 2,117 .. .. .. 2,117

Airport and airway trust fund:

Grants-in-aid for airports .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 79 .. .. .. 79 910 .. .. .. 910 993 .. .. .. 993

Facilities and equipment .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 159 .. .. .. 159 1,432 .. .. .. 1,432 1,534 .. .. .. 1,534

Research, engineering, and development . ... .. .. .. .. .. 13 .. .. .. 13 128 .. .. .. 128 141 .. .. .. 141

Trust fund share of FAA operations .. .. .. ... .. .. .. .. .. 160 .. .. .. 160 1,284 .. .. .. 1,284 1,098 .. .. .. 1,098

Total—Airport and airway trust fund .. .. ... .. .. .. .. .. 410 .. .. .. 410 3,754 .. .. .. 3,754 3,767 .. .. .. 3,767

Other . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 19 (* *) 19 19 1 18 −3 1 −4

Total—Federal Aviation Administration .. .. ... .. .. .. .. .. 697 (* *) 697 5,962 1 5,961 5,881 1 5,881

Federal Highway Administration:

Highway trust fund:

Federal-aid highways .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1,527 .. .. .. 1,527 12,014 .. .. .. 12,014 12,432 .. .. .. 12,432

Other . .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 11 (* *) 11 82 8 73 111 (* *) 111

Other programs . .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 17 .. .. .. 17 214 .. .. .. 214 123 .. .. .. 123

Total—Federal Highway Administration . .. ... .. .. .. .. .. 1,555 (* *) 1,555 12,310 8 12,301 12,666 (* *) 12,666

National Highway Traffic Safety Administration ... .. .. .. .. .. 20 .. .. .. 20 203 .. .. .. 203 178 .. .. .. 178

Federal Railroad Administration:

Grants to National Railroad Passenger Corporation . .. .. .. .. .. .. .. .. .. .. .. 479 .. .. .. 479 523 .. .. .. 523

Other . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 45 1 45 444 5 438 265 14 251

Total—Federal Railroad Administration .. .. ... .. .. .. .. .. 45 1 45 923 5 917 788 14 774

Federal Transit Administration:

Formula grants .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 177 .. .. .. 177 87 .. .. .. 87 656 .. .. .. 656

Major capital investments . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 149 .. .. .. 149 1,285 .. .. .. 1,285 1,371 .. .. .. 1,371

Trust fund share of expenses .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. 1,328 .. .. .. 1,328 830 .. .. .. 830

Other . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 22 .. .. .. 22 238 .. .. .. 238 253 .. .. .. 253

Total—Federal Transit Administration . .. .. ... .. .. .. .. .. 348 .. .. .. 348 2,938 .. .. .. 2,938 3,109 .. .. .. 3,109

Maritime Administration .. .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 35 12 23 385 393 −8 475 411 65

Other .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 14 1 13 145 8 137 252 7 244

Proprietary receipts from the public .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. 3 −3 ...... 9 −9 ...... 6 −6

Intrabudgetary transactions .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −9 ...... −9 −36 .. .. .. −36 (* *) .. .. .. (* *)

Offsetting governmental receipts .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. 7 −7 .. .. .. 85 −85 .. .. .. 86 −86

Total—Department of Transportation . .. .. ... .. .. .. .. .. 2,992 25 2,968 25,307 514 24,794 25,878 528 25,350

13
Table 5. Outlays of the U.S. Government, May 1998 and Other Periods—Continued

[$ millions]

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

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

Department of the Treasury:

Departmental Offices:

Exchange stabilization fund . .. .. ... .. .. .. .. .. ... .. .. .. .. .. −173 68 −241 −327 568 −895 −303 486 −789

Other . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 55 .. .. .. 55 337 .. .. .. 337 273 .. .. .. 273

Financial Management Service:

Salaries and expenses .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 22 .. .. .. 22 138 .. .. .. 138 150 .. .. .. 150

Payment to the Resolution Funding Corporation .. .. .. .. .. .. .. .. .. .. .. .. .. 1,751 .. .. .. 1,751 1,751 .. .. .. 1,751

Net interest paid to loan guarantee financing

accounts ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. 643 .. .. .. 643 399 .. .. .. 399

Claims, judgements, and relief acts . .. .. .. .. ... .. .. .. .. .. 94 .. .. .. 94 461 .. .. .. 461 845 .. .. .. 845

Other . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1 .. .. .. 1 19 .. .. .. 19 41 .. .. .. 41

Total—Financial Management Service .. .. ... .. .. .. .. .. 117 .. .. .. 117 3,012 .. .. .. 3,012 3,186 .. .. .. 3,186

Federal Financing Bank . .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −114 .. .. .. −114 −216 .. .. .. −216 −216 .. .. .. −216

Bureau of Alcohol, Tobacco, and Firearms:

Salaries and expenses .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 34 .. .. .. 34 311 .. .. .. 311 299 .. .. .. 299

Internal revenue collections for Puerto Rico ... .. .. .. .. .. 18 .. .. .. 18 153 .. .. .. 153 139 .. .. .. 139

United States Customs Service . .. ... .. .. .. .. .. ... .. .. .. .. .. 157 .. .. .. 157 1,343 .. .. .. 1,343 1,277 .. .. .. 1,277

Bureau of Engraving and Printing ... .. .. .. .. .. ... .. .. .. .. .. −6 ...... −6 23 .. .. .. 23 −9 ...... −9

United States Mint .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 39 161 −123 419 814 −395 394 547 −153

Bureau of the Public Debt .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 13 .. .. .. 13 179 .. .. .. 179 176 .. .. .. 176

Internal Revenue Service:

Processing, assistance, and management .. ... .. .. .. .. .. 202 .. .. .. 202 1,642 .. .. .. 1,642 1,103 .. .. .. 1,103

Tax law enforcement .. .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 236 .. .. .. 236 2,115 .. .. .. 2,115 2,637 .. .. .. 2,637

Information systems ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 86 .. .. .. 86 792 .. .. .. 792 745 .. .. .. 745

Payment where earned income credit exceeds liability

for tax . .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1,355 .. .. .. 1,355 22,510 .. .. .. 22,510 20,973 .. .. .. 20,973

Refunding internal revenue collections, interest .. .. .. .. .. 97 .. .. .. 97 1,260 .. .. .. 1,260 1,327 .. .. .. 1,327

Other . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 14 1 14 54 5 49 −2 (* *) −1

Total—Internal Revenue Service .. .. .. .. .. ... .. .. .. .. .. 1,991 1 1,990 28,373 5 28,368 26,784 (* *) 26,784

United States Secret Service .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 49 .. .. .. 49 409 .. .. .. 409 420 .. .. .. 420

Comptroller of the Currency . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 29 2 27 233 203 30 245 191 54

Office of Thrift Supervison .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 13 2 11 93 75 18 93 76 17

Interest on the public debt:

Public issues (accrual basis) .. .. ... .. .. .. .. .. ... .. .. .. .. .. 20,390 .. .. .. 20,390 162,205 .. .. .. 162,205 163,214 .. .. .. 163,214

Special issues (cash basis) . .. .. ... .. .. .. .. .. ... .. .. .. .. .. 7,057 .. .. .. 7,057 66,994 .. .. .. 66,994 62,366 .. .. .. 62,366

Total—Interest on the public debt . .. .. .. .. ... .. .. .. .. .. 27,448 .. .. .. 27,448 229,199 .. .. .. 229,199 225,580 .. .. .. 225,580

Other .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 7 .. .. .. 7 69 .. .. .. 69 40 .. .. .. 40

Proprietary receipts from the public .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. 458 −458 .. .. .. 2,910 −2,910 .. .. .. 2,000 −2,000

Intrabudgetary transactions .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −253 .. .. .. −253 −3,453 .. .. .. −3,453 −4,486 .. .. .. −4,486

Offsetting governmental receipts .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. 119 −119 .. .. .. 843 −843 .. .. .. 870 −870

Total—Department of the Treasury . .. .. .. ... .. .. .. .. .. 29,425 811 28,614 260,156 5,417 254,739 253,891 4,169 249,723

Department of Veterans Affairs:

Veterans Health Administration:

Medical care .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1,553 .. .. .. 1,553 11,640 .. .. .. 11,640 11,225 .. .. .. 11,225

Other . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 45 18 27 377 145 232 418 130 287

Veterans Benefits Administration:

Public enterprise funds:

Guaranty and indemnity fund . ... .. .. .. .. .. ... .. .. .. .. .. 19 .. .. .. 19 991 71 920 828 466 362

Loan guaranty revolving fund . ... .. .. .. .. .. ... .. .. .. .. .. 94 104 −10 1,152 1,142 10 248 199 49

Other . .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 45 53 −8 378 376 2 128 118 9

Compensation and pensions .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1,700 .. .. .. 1,700 13,426 .. .. .. 13,426 14,344 .. .. .. 14,344

Readjustment benefits . .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 125 .. .. .. 125 980 .. .. .. 980 977 .. .. .. 977

Insurance funds:

National service life . .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 100 .. .. .. 100 806 .. .. .. 806 822 .. .. .. 822

United States Government Life .. .. .. .. .. .. ... .. .. .. .. .. 1 .. .. .. 1 8 .. .. .. 8 9 .. .. .. 9

Veterans special life .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 12 3 9 112 96 16 102 97 5

Other . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 19 .. .. .. 19 75 .. .. .. 75 88 .. .. .. 88

Total—Veterans Benefits Administration . .. ... .. .. .. .. .. 2,115 160 1,955 17,928 1,685 16,243 17,545 881 16,665

Construction ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 47 .. .. .. 47 330 (* *) 329 403 (* *) 403

Departmental Administration . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 91 .. .. .. 91 657 .. .. .. 657 658 .. .. .. 658

Proprietary receipts from the public:

National service life ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. 16 −16 .. .. .. 145 −145 .. .. .. 163 −163

United States Government Life . ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

Other . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. 61 −61 .. .. .. 691 −691 .. .. .. 1,420 −1,420

Intrabudgetary transactions .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. (* *) .. .. .. (* *) −33 .. .. .. −33 −8 ...... −8

Total—Department of Veterans Affairs . .. ... .. .. .. .. .. 3,851 256 3,595 30,898 2,665 28,233 30,242 2,594 27,648

14
Table 5. Outlays of the U.S. Government, May 1998 and Other Periods—Continued

[$ millions]

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

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

Corps of Engineers:

Construction, general . ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 104 .. .. .. 104 678 .. .. .. 678 594 .. .. .. 594

Operation and maintenance, general .. .. .. .. .. ... .. .. .. .. .. 110 .. .. .. 110 768 .. .. .. 768 831 .. .. .. 831

Flood control .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 26 .. .. .. 26 266 .. .. .. 266 410 .. .. .. 410

Harbor maintenance trust fund .. .. ... .. .. .. .. .. ... .. .. .. .. .. 41 .. .. .. 41 331 .. .. .. 331 303 .. .. .. 303

Other .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 39 .. .. .. 39 498 .. .. .. 498 502 .. .. .. 502

Proprietary receipts from the public .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. 21 −21 .. .. .. 170 −170 .. .. .. 124 −124

Total—Corps of Engineers .. .. ... .. .. .. .. .. ... .. .. .. .. .. 320 21 300 2,543 170 2,373 2,639 124 2,515

Other Defense Civil Programs:

Military Retirement:

Payment to military retirement fund . .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. 15,119 .. .. .. 15,119 15,151 .. .. .. 15,151

Military retirement fund .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 2,612 .. .. .. 2,612 20,688 .. .. .. 20,688 20,051 .. .. .. 20,051

Educational Benefits .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 14 .. .. .. 14 126 .. .. .. 126 125 .. .. .. 125

Other .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 10 .. .. .. 10 87 .. .. .. 87 83 1 82

Proprietary receipts from the public .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. 1 −1 .. .. .. 10 −10 .. .. .. 8 −8

Intrabudgetary transactions .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −9 ...... −9 −15,227 .. .. .. −15,227 −15,274 .. .. .. −15,274

Total—Other Defense Civil Programs . .. .. ... .. .. .. .. .. 2,628 1 2,627 20,794 10 20,784 20,136 9 20,127

Environmental Protection Agency:

Science and technology . .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 36 .. .. .. 36 331 .. .. .. 331 319 .. .. .. 319

Environmental programs and management .. .. ... .. .. .. .. .. 126 .. .. .. 126 1,209 .. .. .. 1,209 1,118 .. .. .. 1,118

State and tribal assistance grants ... .. .. .. .. .. ... .. .. .. .. .. 249 .. .. .. 249 1,635 .. .. .. 1,635 1,788 .. .. .. 1,788

Hazardous substance superfund .. ... .. .. .. .. .. ... .. .. .. .. .. 101 .. .. .. 101 928 .. .. .. 928 1,654 .. .. .. 1,654

Other .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 17 (* *) 16 361 18 343 −434 1 −435

Proprietary receipts from the public .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. 18 −18 .. .. .. 176 −176 .. .. .. 225 −225

Intrabudgetary transactions .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. −250 .. .. .. −250 −250 .. .. .. −250

Offsetting governmental receipts .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. 1 −1 ...... 7 −7 ...... 6 −6

Total—Environmental Protection Agency . ... .. .. .. .. .. 527 19 509 4,214 201 4,013 4,195 232 3,963

Executive Office of the President:

Compensation of the President and the White House

Office .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 5 .. .. .. 5 30 .. .. .. 30 27 .. .. .. 27

Office of Management and Budget .. .. .. .. .. .. ... .. .. .. .. .. 5 .. .. .. 5 37 .. .. .. 37 39 .. .. .. 39

Other .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 9 .. .. .. 9 87 (* *) 87 86 .. .. .. 86

Total—Executive Office of the President . ... .. .. .. .. .. 19 .. .. .. 19 154 (* *) 154 152 .. .. .. 152

Federal Emergency Management Agency:

Public enterprise funds .. .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 28 57 −29 215 441 −226 599 248 352

Disaster relief . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 189 .. .. .. 189 1,342 .. .. .. 1,342 1,699 .. .. .. 1,699

Emergency management planning and assistance . .. .. .. .. 25 .. .. .. 25 157 .. .. .. 157 132 .. .. .. 132

Other .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 25 .. .. .. 25 191 .. .. .. 191 194 .. .. .. 194

Proprietary receipts from the public .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. (* *) (* *) .. .. .. 25 −25

Offsetting governmental receipts .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. (* *) (* *) .. .. .. 8 −8 ...... 9 −9

Total—Federal Emergency Management Agency . .. .. 267 57 210 1,905 449 1,456 2,624 282 2,342

General Services Administration:

Real Property Activities .. .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 468 .. .. .. 468 1,742 .. .. .. 1,742 280 .. .. .. 280

Supply and Technology Activities . ... .. .. .. .. .. ... .. .. .. .. .. 110 .. .. .. 110 −7 ...... −7 −14 .. .. .. −14

General Activities . .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 11 .. .. .. 11 85 .. .. .. 85 112 .. .. .. 112

Proprietary receipts from the public .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. (* *) (* *) .. .. .. 5 −5 ...... 6 −6

Total—General Services Administration .. ... .. .. .. .. .. 590 (* *) 589 1,819 5 1,815 378 6 372

International Assistance Program:

International Security Assistance:

Foreign military loan program . .. ... .. .. .. .. .. ... .. .. .. .. .. 26 22 3 210 301 −92 222 297 −75

Foreign military financing program . .. .. .. .. .. ... .. .. .. .. .. 83 .. .. .. 83 2,625 .. .. .. 2,625 2,649 .. .. .. 2,649

Economic support fund .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 134 .. .. .. 134 1,784 .. .. .. 1,784 1,838 .. .. .. 1,838

Other . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 50 .. .. .. 50 146 .. .. .. 146 128 .. .. .. 128

Proprietary receipts from the public . .. .. .. .. ... .. .. .. .. .. .. .. .. (* *) (* *) .. .. .. 387 −387 .. .. .. 451 −451

Total—International Security Assistance . .. ... .. .. .. .. .. 293 23 270 4,765 688 4,077 4,836 748 4,088

Multilateral Assistance:

Contribution to the International Development

Association . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. 776 .. .. .. 776 944 .. .. .. 944

International organizations and programs . .. ... .. .. .. .. .. 3 .. .. .. 3 280 .. .. .. 280 232 .. .. .. 232

Other . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 24 .. .. .. 24 379 .. .. .. 379 455 .. .. .. 455

Total—Multilateral Assistance . ... .. .. .. .. .. ... .. .. .. .. .. 27 .. .. .. 27 1,435 .. .. .. 1,435 1,630 .. .. .. 1,630

15
Table 5. Outlays of the U.S. Government, May 1998 and Other Periods—Continued

[$ millions]

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

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

International Assistance Program:—Continued

International Development Assistance:

Agency for International Development:

Economic assistance loans . .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. 65 −65 (* *) 884 −884 9 578 −569

Sustainable development assistance program . .. .. .. .. 60 .. .. .. 60 1,252 .. .. .. 1,252 839 .. .. .. 839

Assistance for Eastern Europe and the Baltic

States . ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 31 .. .. .. 31 223 .. .. .. 223 350 .. .. .. 350

Assistance for the new independent States of the

Former Soviet Union . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 51 .. .. .. 51 281 .. .. .. 281 447 .. .. .. 447

Development fund for Africa .. ... .. .. .. .. .. ... .. .. .. .. .. 18 .. .. .. 18 125 .. .. .. 125 370 .. .. .. 370

Operating expenses . .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 30 .. .. .. 30 329 .. .. .. 329 289 .. .. .. 289

Payment to the Foreign Service retirement and

disability fund .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. 44 .. .. .. 44 44 .. .. .. 44

Other . .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 44 7 37 200 59 141 161 50 110

Proprietary receipts from the public . .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 1 −1 ...... 1 −1

Intrabudgetary transactions . .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. (* *) .. .. .. (* *) (* *) .. .. .. (* *)

Total—Agency for International Development . .. .. .. 234 73 161 2,454 944 1,510 2,508 629 1,879

Overseas Private Investment Corporation . .. ... .. .. .. .. .. 16 46 −30 62 211 −149 50 199 −149

Peace Corps .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 17 .. .. .. 17 143 .. .. .. 143 149 .. .. .. 149

Other . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 2 .. .. .. 2 32 .. .. .. 32 143 .. .. .. 43

Total—International Development Assistance .. .. .. .. .. 268 119 150 2,691 1,155 1,536 2,748 828 1,920

International Monetary Programs .. ... .. .. .. .. .. ... .. .. .. .. .. 153 .. .. .. 153 380 .. .. .. 380 499 .. .. .. 499

Military Sales Programs:

Special defense acquisition fund .. .. .. .. .. .. ... .. .. .. .. .. (* *) 12 −12 10 36 −27 5 11 −6

Foreign military sales trust fund ... .. .. .. .. .. ... .. .. .. .. .. 979 .. .. .. 979 9,197 .. .. .. 9,197 9,884 .. .. .. 9,884

Kuwait civil reconstruction trust fund .. .. .. .. ... .. .. .. .. .. (* *) .. .. .. (* *) 1 .. .. .. 1 (* *) .. .. .. (* *)

Proprietary receipts from the public . .. .. .. .. ... .. .. .. .. .. .. .. .. 1,020 −1,020 .. .. .. 8,972 −8,972 .. .. .. 9,959 −9,959

Other .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. (* *) .. .. .. (* *) (* *) .. .. .. (* *) 2 .. .. .. 2

Total—International Assistance Program . ... .. .. .. .. .. 1,720 1,173 547 18,478 10,852 7,626 19,604 11,546 8,058

National Aeronautics and Space Administration:

Human space flight . .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 493 .. .. .. 493 3,672 .. .. .. 3,672 3,679 .. .. .. 3,679

Science, aeronautics, and technology . .. .. .. .. ... .. .. .. .. .. 455 .. .. .. 455 3,962 .. .. .. 3,962 3,873 .. .. .. 3,873

Mission support . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 194 .. .. .. 194 1,695 .. .. .. 1,695 1,603 .. .. .. 1,603

Other .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 7 .. .. .. 7 105 .. .. .. 105 242 .. .. .. 242

Total—National Aeronautics and Space

Administration .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1,149 .. .. .. 1,149 9,435 .. .. .. 9,435 9,397 .. .. .. 9,397

National Science Foundation:

Research and related activities . .. ... .. .. .. .. .. ... .. .. .. .. .. 80 .. .. .. 80 1,492 .. .. .. 1,492 1,400 .. .. .. 1,400

Education and human resources .. ... .. .. .. .. .. ... .. .. .. .. .. 93 .. .. .. 93 281 .. .. .. 281 275 .. .. .. 275

Other .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 58 .. .. .. 58 208 .. .. .. 208 225 .. .. .. 225

Total—National Science Foundation .. .. .. ... .. .. .. .. .. 231 .. .. .. 231 1,981 .. .. .. 1,981 1,900 .. .. .. 1,900

Office of Personnel Management:

Government payment for annuitants, employees health,

and life insurance benefits . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 358 .. .. .. 358 2,582 .. .. .. 2,582 2,574 .. .. .. 2,574

Payment to civil service retirement and disability fund .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

Civil service retirement and disability fund .. .. ... .. .. .. .. .. 3,598 .. .. .. 3,598 28,532 .. .. .. 28,532 27,709 .. .. .. 27,709

Employees life insurance fund .. .. ... .. .. .. .. .. ... .. .. .. .. .. 136 344 −208 1,093 2,057 −964 1,154 1,899 −746

Employees and retired employees health benefits fund . .. 1,454 1,526 −72 11,128 10,884 245 10,813 10,530 283

Other .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −18 .. .. .. −18 −2 ...... −2 56 .. .. .. 56

Intrabudgetary transactions:

Civil service retirement and disability fund:

General fund contributions .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

Other . .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −3 ...... −3 −18 .. .. .. −18 −17 .. .. .. −17

Total—Office of Personnel Management .. ... .. .. .. .. .. 5,525 1,870 3,655 43,316 12,941 30,375 42,289 12,429 29,860

16
Table 5. Outlays of the U.S. Government, May 1998 and Other Periods—Continued

[$ millions]

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

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

Small Business Administration:

Public enterprise funds:

Business loan fund . ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 22 33 −11 277 286 −9 277 367 −90

Disaster loan fund .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 10 20 −10 152 175 −24 191 191 (* *)

Other . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 2 1 1 11 10 1 13 8 5

Other .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 30 (* *) 30 311 (* *) 311 319 (* *) 319

Total—Small Business Administration .. .. ... .. .. .. .. .. 64 54 10 751 472 279 799 565 234

Social Security Administration:

Payments to social security trust funds . .. .. .. ... .. .. .. .. .. (* *) .. .. .. (* *) 6,990 .. .. .. 6,990 5,364 .. .. .. 5,364

Special benefits for disabled coal miners . .. .. ... .. .. .. .. .. 48 .. .. .. 48 399 .. .. .. 399 425 .. .. .. 425

Supplemental security income program .. .. .. .. ... .. .. .. .. .. 2,489 .. .. .. 2,489 19,403 .. .. .. 19,403 21,162 .. .. .. 21,162

Office of the Inspector General . .. ... .. .. .. .. .. ... .. .. .. .. .. (* *) .. .. .. (* *) 4 .. .. .. 4 3 .. .. .. 3

Federal old-age and survivors insurance trust fund (offbudget):

Benefit payments . .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 27,168 .. .. .. 27,168 215,113 .. .. .. 215,113 207,333 .. .. .. 207,333

Administrative expenses . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 148 .. .. .. 148 1,263 .. .. .. 1,263 1,329 .. .. .. 1,329

Payment to railroad retirement account . .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

Total—FOASI trust fund .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 27,316 .. .. .. 27,316 216,377 .. .. .. 216,377 208,663 .. .. .. 208,663

Federal disability insurance trust fund (off-budget):

Benefit payments . .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 4,043 .. .. .. 4,043 31,502 .. .. .. 31,502 30,165 .. .. .. 30,165

Administrative expenses . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 134 .. .. .. 134 989 .. .. .. 989 823 .. .. .. 823

Payment to railroad retirement account . .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

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

Total—FDI trust fund .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 4,177 .. .. .. 4,177 32,491 .. .. .. 32,491 30,987 .. .. .. 30,987

Proprietary receipts from the public:

On-budget ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. 121 −121 .. .. .. 789 −789 .. .. .. 746 −746

Off-budget ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. 5 −5 .. .. .. 18 −18 .. .. .. 17 −17

Intrabudgetary transactions:

Off-budget2 ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. (* *) .. .. .. (* *) −6,989 .. .. .. −6,989 −5,364 .. .. .. −5,364

Total—Social Security Administration .. ... .. .. .. .. .. 34,031 126 33,905 268,674 808 267,866 261,240 763 260,477

Other independent agencies:

Appalachian Regional Commission ... .. .. .. .. .. ... .. .. .. .. .. 17 .. .. .. 17 124 1 123 159 1 159

Corporation for National and Community Service .. .. .. .. .. 54 .. .. .. 54 386 .. .. .. 386 391 .. .. .. 391

Corporation for Public Broadcasting . .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. 250 .. .. .. 250 260 .. .. .. 260

District of Columbia:

Courts .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 6 .. .. .. 6 124 .. .. .. 124 .. .. .. .. .. .. .. .. ..

Corrections .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. 471 .. .. .. 471 .. .. .. .. .. .. .. .. ..

General and special payments . ... .. .. .. .. .. ... .. .. .. .. .. (* *) (* *) (* *) 201 (* *) 201 720 .. .. .. 720

Financing . ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 50 −50 .. .. .. 12 −12

Equal Employment Opportunity Commission .. ... .. .. .. .. .. 16 (* *) 16 160 1 159 156 1 155

Export-Import Bank of the United States .. .. .. ... .. .. .. .. .. 51 63 −12 258 399 −141 540 665 −126

Federal Communications Commission:

Universal service fund . .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 184 .. .. .. 184 1,033 .. .. .. 1,033 664 .. .. .. 664

Spectrum auction subsidies . .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 333 .. .. .. 333

Other . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 33 2 31 121 23 98 120 18 102

Federal Deposit Insurance Corporation:

Bank insurance fund .. .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 73 294 −221 674 1,769 −1,095 875 4,381 −3,507

Savings association insurance fund . .. .. .. .. ... .. .. .. .. .. 7 22 −16 50 311 −261 273 4,675 −4,402

FSLIC resolution fund:

Resolution Trust Corporation closeout .. .. ... .. .. .. .. .. 23 71 −49 284 1,198 −914 562 4,086 −3,524

Other . .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 2 21 −19 28 309 −281 52 1,010 −958

Office of Inspector General . .. .. ... .. .. .. .. .. ... .. .. .. .. .. (* *) .. .. .. (* *) 10 .. .. .. 10 (* *) .. .. .. (* *)

Total—Federal Deposit Insurance Corporation . .. .. .. .. 105 409 −304 1,046 3,587 −2,541 1,762 14,152 −12,391

Legal Services Corporation .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 24 .. .. .. 24 190 .. .. .. 190 188 .. .. .. 188

National Archives and Records Administration ... .. .. .. .. .. 15 (* *) 15 136 1 136 127 1 127

National Credit Union Administration . .. .. .. .. .. ... .. .. .. .. .. 10 11 −1 217 367 −149 175 307 −132

17
Table 5. Outlays of the U.S. Government, May 1998 and Other Periods—Continued

[$ millions]

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

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

Other independent agencies:—Continued

National Endowment for the Arts . ... .. .. .. .. .. ... .. .. .. .. .. 7 .. .. .. 7 62 .. .. .. 62 65 .. .. .. 65

National Endowment for the Humanities . .. .. .. ... .. .. .. .. .. 10 .. .. .. 10 71 .. .. .. 71 82 .. .. .. 82

Institute of Museum and Library Services . .. .. ... .. .. .. .. .. 6 .. .. .. 6 104 .. .. .. 104 115 .. .. .. 115

National Labor Relations Board . .. ... .. .. .. .. .. ... .. .. .. .. .. 12 .. .. .. 12 113 .. .. .. 113 117 .. .. .. 117

Nuclear Regulatory Commission .. ... .. .. .. .. .. ... .. .. .. .. .. 35 77 −42 318 342 −24 337 317 20

Panama Canal Commission . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 58 59 −1 446 491 −46 434 447 −13

Postal Service:

Public enterprise funds (off-budget) . .. .. .. .. ... .. .. .. .. .. 5,583 34,564 1,019 38,620 40,955 −2,335 37,200 39,629 −2,428

Payment to the Postal Service fund .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. 65 .. .. .. 65 99 .. .. .. 99

Railroad Retirement Board:

Federal windfall subsidy . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 16 .. .. .. 16 136 .. .. .. 136 146 .. .. .. 146

Federal payments to the railroad retirement accounts .. (* *) .. .. .. (* *) 191 .. .. .. 191 191 .. .. .. 191

Railroad unemployment insurance trust fund:

Benefit payments . ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 3 .. .. .. 3 43 .. .. .. 43 54 .. .. .. 54

Administrative expenses .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. (* *) .. .. .. (* *) (* *) .. .. .. (* *) 1 .. .. .. 1

Rail industry pension fund:

Benefit payments . ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 241 .. .. .. 241 1,937 .. .. .. 1,937 1,924 .. .. .. 1,924

Advances from FOASDI fund . ... .. .. .. .. .. ... .. .. .. .. .. −94 .. .. .. −94 −750 .. .. .. −750 −744 .. .. .. −744

OASDI certifications . .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 94 .. .. .. 94 750 .. .. .. 750 744 .. .. .. 744

Administrative expenses .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 9 .. .. .. 9 58 .. .. .. 58 59 .. .. .. 59

Interest on refunds of taxes .. ... .. .. .. .. .. ... .. .. .. .. .. (* *) .. .. .. (* *) 2 .. .. .. 2 2 .. .. .. 2

Other . .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. (* *) .. .. .. (* *) 3 .. .. .. 3 3 .. .. .. 3

Supplemental annuity pension fund:

Benefit payments . ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 6 .. .. .. 6 53 .. .. .. 53 55 .. .. .. 55

Interest on refund of taxes . .. ... .. .. .. .. .. ... .. .. .. .. .. (* *) .. .. .. (* *) (* *) .. .. .. (* *) (* *) .. .. .. (* *)

Railroad Social Security equivalent benefit account:

Benefit payments . ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 423 .. .. .. 423 3,378 .. .. .. 3,378 3,339 .. .. .. 3,339

Interest on refund of taxes . .. ... .. .. .. .. .. ... .. .. .. .. .. (* *) .. .. .. (* *) 1 .. .. .. 1 2 .. .. .. 2

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

Intrabudgetary transactions:

Payments from other funds to the railroad retirement

trust funds . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

Other . .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. −191 .. .. .. −191 −191 .. .. .. −191

Total—Railroad Retirement Board . .. .. .. ... .. .. .. .. .. 699 .. .. .. 699 5,612 .. .. .. 5,612 5,585 .. .. .. 5,585

Securities and Exchange Commission . .. .. .. .. ... .. .. .. .. .. −5 ...... −5 −61 .. .. .. −61 44 .. .. .. 44

Smithsonian Institution ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 36 .. .. .. 36 313 .. .. .. 313 177 .. .. .. 177

Tennessee Valley Authority .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 710 724 −14 5,915 6,387 −472 5,938 5,983 −45

United States Enrichment Corporation Fund .. ... .. .. .. .. .. 92 189 −98 801 929 −128 1,049 1,048 2

United States Information Agency . ... .. .. .. .. .. ... .. .. .. .. .. 127 (* *) 127 740 1 740 792 (* *) 792

Other .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 34 6 28 877 227 650 882 261 622

Total—Other independent agencies . .. .. .. ... .. .. .. .. .. 7,919 6,105 1,814 58,713 53,759 4,954 58,513 62,841 −4,328

Undistributed offsetting receipts:

Other interest .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. (* *) (* *) .. .. .. 2 −2 ...... 3 −3

Employer share, employee retirement:

Department of Health and Human Services:

Federal hospital insurance trust fund:

Federal employer contributions .. .. .. .. .. ... .. .. .. .. .. −152 .. .. .. −152 −1,200 .. .. .. −1,200 −1,179 .. .. .. −1,179

Postal Service employer contributions .. ... .. .. .. .. .. −50 .. .. .. −50 −403 .. .. .. −403 −402 .. .. .. −402

Payments for military service credits . .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

Department of State:

Foreign Service retirement and disability fund .. .. .. .. −10 .. .. .. −10 −77 .. .. .. −77 −73 .. .. .. −73

Other Defense Civil Programs:

Military retirement fund .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −873 .. .. .. −873 −6,916 .. .. .. −6,916 −7,377 .. .. .. −7,377

Office of Personnel Management:

Civil service retirement and disability fund .. .. .. .. .. .. −1,057 .. .. .. −1,057 −7,509 .. .. .. −7,509 −7,098 .. .. .. −7,098

Social Security Administration (off-budget):

Federal old-age and survivors insurance trust fund:

Federal employer contributions .. .. .. .. .. ... .. .. .. .. .. −506 .. .. .. −506 −3,855 .. .. .. −3,855 −3,466 .. .. .. −3,466

Payments for military service credits . .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

Federal disability insurance trust fund:

Federal employer contributions .. .. .. .. .. ... .. .. .. .. .. −80 .. .. .. −80 −612 .. .. .. −612 −575 .. .. .. −575

Payments for military service credits . .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

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

Total—Employer share, employee retirement .. .. .. .. .. −2,728 .. .. .. −2,728 −20,573 .. .. .. −20,573 −20,169 .. .. .. −20,169

18
Table 5. Outlays of the U.S. Government, May 1998 and Other Periods—Continued

[$ millions]

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

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

Undistributed offsetting receipts:—Continued

Interest received by trust funds:

Judicial Branch:

Judicial survivors annuity fund .. .. .. .. .. .. ... .. .. .. .. .. −5 ...... −5 −6 ...... −6 −16 .. .. .. −16

Department of Health and Human Services:

Federal hospital insurance trust fund . .. .. ... .. .. .. .. .. −27 .. .. .. −27 −4,556 .. .. .. −4,556 −5,046 .. .. .. −5,046

Federal supplementary medical insurance trust fund . −15 .. .. .. −15 −1,335 .. .. .. −1,335 −1,150 .. .. .. −1,150

Department of Labor:

Unemployment trust fund . .. .. ... .. .. .. .. .. ... .. .. .. .. .. −6 ...... −6 −2,144 .. .. .. −2,144 −1,963 .. .. .. −1,963

Department of State:

Foreign Service retirement and disability fund .. .. .. .. −1 ...... −1 −344 .. .. .. −344 −331 .. .. .. −331

Department of Transportation:

Oil spill liability trust fund . .. .. ... .. .. .. .. .. ... .. .. .. .. .. −2 ...... −2 −6 ...... −6 −6 ...... −6

Airport and airway trust fund . ... .. .. .. .. .. ... .. .. .. .. .. −2 ...... −2 −239 .. .. .. −239 −279 .. .. .. −279

Highway trust fund .. .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −8 ...... −8 −739 .. .. .. −739 −752 .. .. .. −752

Department of Veterans Affairs:

National service life insurance fund . .. .. .. ... .. .. .. .. .. −2 ...... −2 −493 .. .. .. −493 −513 .. .. .. −513

United States government life insurance fund . .. .. .. .. (* *) .. .. .. (* *) −3 ...... −3 −3 ...... −3

Corps of Engineers . ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −2 ...... −2 −15 .. .. .. −15 −16 .. .. .. −16

Other Defense Civil Programs:

Military retirement fund .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −5,154 .. .. .. −5,154 −11,303 .. .. .. −11,303 −11,141 .. .. .. −11,141

Educational benefits fund . .. .. ... .. .. .. .. .. ... .. .. .. .. .. −9 ...... −9 −31 .. .. .. −31 −29 .. .. .. −29

Armed Forces Retirement Home .. .. .. .. .. ... .. .. .. .. .. (* *) .. .. .. (* *) −5 ...... −5 −4 ...... −4

Environmental Protection Agency .. .. .. .. .. .. ... .. .. .. .. .. −1 ...... −1 −1 ...... −1 −1 ...... −1

National Aeronautics and Space Administration . .. .. .. .. (* *) .. .. .. (* *) −1 ...... −1 −1 ...... −1

Office of Personnel Management:

Civil service retirement and disability fund .. .. .. .. .. .. −159 .. .. .. −159 −15,952 .. .. .. −15,952 −15,373 .. .. .. −15,373

Social Security Administration (off-budget):

Federal old-age and survivors insurance trust fund . .. −212 .. .. .. −212 −20,711 .. .. .. −20,711 −18,933 .. .. .. −18,933

Federal disability insurance trust fund .. .. ... .. .. .. .. .. −34 .. .. .. −34 −2,155 .. .. .. −2,155 −1,744 .. .. .. −1,744

Independent agencies:

Railroad Retirement Board .. .. ... .. .. .. .. .. ... .. .. .. .. .. −422 .. .. .. −422 −1,190 .. .. .. −1,190 −679 .. .. .. −679

Other . .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −5 ...... −5 −17 .. .. .. −17 −18 .. .. .. −18

Other . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −15 .. .. .. −15 −129 .. .. .. −129 −162 .. .. .. −162

Total—Interest received by trust funds . .. ... .. .. .. .. .. −6,080 .. .. .. −6,080 −61,374 .. .. .. −61,374 −58,159 .. .. .. −58,159

Rents and royalties on the outer continental shelf lands . .. .. .. 118 −118 .. .. .. 2,682 −2,682 .. .. .. 2,720 −2,720

Sale of major assets . ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 3,191 −3,191 .. .. .. .. .. .. .. .. ..

Spectrum auction proceeds .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. 70 −70 .. .. .. 794 −794 .. .. .. 5,041 −5,041

Total—Undistributed offsetting receipts .. ... .. .. .. .. .. −8,808 188 −8,996 −81,947 6,669 −88,616 −78,328 7,765 −86,093

Total outlays . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 150,101 16,044 134,057 1,242,943 137,754 1,105,189 1,234,085 150,207 1,083,878

Total on-budget .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 113,857 11,475 102,382 989,777 96,780 892,997 987,317 110,561 876,756

Total off-budget . .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 36,244 4,569 31,675 253,165 40,973 212,192 246,768 39,646 207,122

Total surplus (+) or deficit .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −38,779 +15,962 −65,718

Total on-budget .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −40,591 −49,038 −115,064

Total off-budget . .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. +1,812 +65,000 +49,346

MEMORANDUM

Receipts offset against outlays [$ millions]

Current

Fiscal Year Comparable Period

to Date Prior Fiscal Year

Proprietary receipts .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 38,497 36,306

Intrabudgetary transactions . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 153,099 148,249

Governmental receipts . ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 2,786 7,070

Total receipts offset against outlays .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 194,382 191,624

(1) Outlays for September 1997 have increased by $7 million to reflect additional reporting by (3) The Postal Service accounting is composed of thirteen 28-day periods. To conform to the

the African Development Foundation. MTS calendar-month reporting basis used by all other Federal Agencies, the MTS reflects USPS

results through May 22nd and estimates for $382 million through May 31st. (2) Includes FICA and SECA tax credits, non-contributory military service credits, special

benefits for the aged, and credit for unnegotiated OASI benefit checks. ... No Transactions.

(* *) Less than $500,000.

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

19
Table 6. Means of Financing the Deficit or Disposition of Surplus by the U.S. Government, May 1998 and Other Periods

[$ millions]

Net Transactions Account Balances (−) denotes net reduction of either Assets and Liabilities Current Fiscal Year liability or asset accounts Directly Related to

Budget Off-budget Activity Fiscal Year to Date Beginning of Close of This Month This month

This Year Prior Year This Year 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 .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 6,461 93,210 120,150 5,398,146 5,484,895 5,491,356

Federal Financing Bank . .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. 15,000 15,000 15,000

Total, public debt securities .. .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 6,461 93,210 120,150 5,413,146 5,499,895 5,506,356

Plus premium on public debt securities .. .. .. .. .. ... .. .. .. .. .. −15 530 93 1,553 2,099 2,083

Less discount on public debt securities .. .. .. .. .. ... .. .. .. .. .. 216 1,913 −53 78,187 79,883 80,099

Total public debt securities net of Premium and

discount . .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 6,230 91,827 120,297 5,336,514 5,422,111 5,428,340

Agency securities, issued under special financing authorities (see

Schedule B. for other Agency borrowing, see Schedule C) . .. .. .. .. −102 −2,889 −760 33,187 30,399 30,297

Total federal securities . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 6,128 88,937 119,537 5,369,700 5,452,510 5,458,638

Deduct:

Federal securities held as investments of government

accounts (see Schedule D) . .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 15,498 102,130 82,096 1,605,559 1,692,190 1,707,689

Less discount on federal securities held as investments of

government accounts .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 774 3,554 1,254 7,000 9,780 10,554

Net federal securities held as investments of government

accounts . .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 14,725 98,576 80,842 1,598,559 1,682,411 1,697,135

Total borrowing from the public ... .. .. .. .. .. ... .. .. .. .. .. −8,597 −9,639 38,696 3,771,141 3,770,099 3,761,503

Accrued interest payable to the public . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −8,149 −1,681 −1,445 46,083 52,551 44,402

Allocations of special drawing rights .. .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −55 −146 −233 6,689 6,598 6,543

Deposit funds ... .. .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 402 606 121 6,800 7,004 7,406

Miscellaneous liability accounts (includes checks outstanding etc.) . .. .. 4,831 5,904 8,876 1,925 2,998 7,829

Total liability accounts . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −11,568 −4,956 46,014 3,832,638 3,839,250 3,827,682

Asset accounts (deduct)

Cash and monetary assets:

U.S. Treasury operating cash:1

Federal Reserve account .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −22,321 −1,998 −2,526 7,692 28,014 5,693

Tax and loan note accounts . .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −29,578 −5,492 −24,827 35,930 60,016 30,438

Balance .. .. .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −51,900 −7,490 −27,352 43,621 88,030 36,131

Special drawing rights:

Total holdings .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 108 299 −128 9,997 10,188 10,296

SDR certificates issued to Federal Reserve banks .. .. ... .. .. .. .. .. .. .. .. .. .. .. 518 −9,200 −9,200 −9,200

Balance .. .. .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 108 299 390 797 988 1,096

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 . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −300 −792 −1,262 4,453 3,960 3,661

Letter of credit issued to IMF . ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 892 5,295 −966 −22,087 −17,684 −16,792

Dollar deposits with the IMF . .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −113 −91 −89 −90

Receivable/Payable (−) for interim maintenance of value

adjustments . .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 146 412 763 9 275 421

Balance .. .. .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 738 4,917 −1,462 14,045 18,224 18,962

Loans to International Monetary Fund .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. (* *) (* *) (* *)

Other cash and monetary assets ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 715 4,396 −1,277 22,908 26,589 27,304

Total cash and monetary assets . .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −50,338 2,121 −29,700 81,372 133,831 83,493

Net Activity, Guaranteed Loan Financing . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 500 1,618 483 −13,905 −12,788 −12,288

Net Activity, Direct Loan Financing ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 616 8,248 10,805 53,816 61,448 62,064

Miscellaneous asset accounts .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −1,125 −895 −1,182 2-1,891 −1,660 −2,786

Total asset accounts . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −50,347 11,091 −19,594 119,393 180,831 130,484

Excess of liabilities (+) or assets (−) . .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 38,779 −16,047 65,608 3,713,246 3,658,419 3,697,198

Transactions not applied to current year’s surplus or deficit (see

Schedule a for Details) . .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. 86 110 .. .. .. 86 86

Total budget and off-budget federal entities

(financing of deficit (+) or disposition of

surplus (−)) . ... .. .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 38,779 −15,962 65,718 3,713,246 3,658,505 3,697,284

(1) Major sources of information used to determine Treasury’s operating cash income include (2) Includes an adjustment of $7 million to reflect additional reporting in September 1997 by

Federal Reserve Banks, the Treasury Regional Finance Centers, the Internal Revenue Service the African Development Foundation.

Centers, the Bureau of the Public Debt and various electronic systems. Deposits are reflected as ... No Transactions.

(* *) Less than $500,000. received and withdrawals are reflected as processed. Note: Details may not add to totals due to rounding.

20
Table 6. Schedule A—Analysis of Change in Excess of Liabilities of the U.S. Government, May 1998 and

Other Periods

[$ millions]

Fiscal Year to Date

Classification This Month

This Year Prior Year

Excess of liabilities beginning of period:

Based on composition of unified budget in preceding period . .. .. .. 3,658,412 3,713,893 3,691,636

Adjustments during current fiscal year for changes in

composition of unified budget:

Revisions by federal agencies to the prior budget results .. .. .. 7 −647 120

Excess of liabilities beginning of period (current basis) . .. ... .. .. .. .. .. 3,658,419 3,713,246 3,691,755

Budget surplus (−) or deficit:

Based on composition of unified budget in prior fiscal yr . .. .. .. .. .. 38,779 −15,962 65,718

Changes in composition of unified budget . ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. ..

Total surplus (−) or deficit (Table 2) .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 38,779 −15,962 65,718

Total-on-budget (Table 2) . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 40,591 49,038 115,064

Total-off-budget (Table 2) . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −1,812 −65,000 −49,346

Transactions not applied to current year’s surplus or deficit:

Seigniorage . .. .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. −80 −110

Profit on sale of gold ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. −6 ......

Total-transactions not applied to current year’s surplus or

deficit . ... .. .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. −86 −110

Excess of liabilities close of period .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 3,697,198 3,697,198 3,757,363

Table 6. Schedule B—Securities Issued by Federal Agencies Under Special Financing Authorities, May 1998 and

Other Periods

[$ millions]

Net Transactions Account Balances (−) denotes net reduction of Current Fiscal Year liability accounts

Classification

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

This Year Prior Year This Year This Month

Agency securities, issued under special financing authorities:

Obligations of the United States, issued by:

Export-Import Bank of the United States .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. (* *) (* *) (* *)

Federal Deposit Insurance Corporation:

FSLIC resolution fund ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. −32 −32 95 63 63

Obligations guaranteed by the United States, issued by:

Department of Housing and Urban Development:

Federal Housing Administration . ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 6 39 −50 68 102 108

Department of the Interior:

Bureau of Land Management . .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. 13 13 13

Department of Transportation:

Coast Guard:

Family Housing mortgages . .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. (* *) (* *) (* *)

Obligations not guaranteed by the United States, issued by:

Legislative Branch:

Architect of the Capitol .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1 2 2 179 179 181

Independent agencies:

Farm Credit System Financial Assistance Corporation .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. 1,261 1,261 1,261

National Archives and Records Administration . .. .. .. .. .. ... .. .. .. .. .. .. .. .. −2 −2 286 284 284

Postal Service .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. −2,500 .. .. .. 3,898 1,398 1,398

Tennessee Valley Authority . .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −109 −397 −678 27,386 27,098 26,989

Total, agency securities .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −102 −2,889 −760 33,187 30,399 30,297

... 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,

May 1998 and Other Periods

[$ millions]

Account Balances Transactions Current Fiscal Year

Classification

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

This Year Prior Year This Year This Month

Borrowing from the Treasury:

Department of Agriculture:

Farm Service Agency:

Commodity Credit Corporation . ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −839 6,672 4,996 7,748 15,259 14,420

Agricultural credit insurance fund . .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. 667 606 2,066 2,733 2,733

Natural Resources Conservation Service . .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. 4 4 4

Rural Utilities Service:

Rural water and waste disposal fund .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. 1,568 525 990 2,557 2,557

Rural communication development fund .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. 25 25 25

Rural electrification and telecommunications fund .. .. .. ... .. .. .. .. .. 111 835 527 8,982 9,706 9,817

Rural telephone bank .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −2 15 42 477 494 492

Rural development insurance fund . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. −1,375 −30 2,451 1,076 1,076

Rural Housing Service:

Rural community facility loans fund .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. 428 130 202 630 630

Rural housing insurance . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. 951 451 6,474 7,425 7,425

Self-help housing land development fund .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. (* *) (* *) (* *)

Rural Business − Cooperative Service:

Rural business and industry loans . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. 9 .. .. .. 9 18 18

Rural development loan fund .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. 15 32 110 125 125

Rural economic development loan fund .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. 9 .. .. .. 38 46 46

Foreign Agricultural Service .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. 670 670 670

Department of Commerce:

National Oceanic and Atmospheric Administration:

Fisheries finance . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. 24 25 25 48 48

Fishing vessel obligations .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. 9 .. .. .. 2 11 11

Department of Education:

Federal direct student loan program .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. 10,455 10,902 22,713 33,168 33,168

Federal family education loan program . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. 354 354 354

College housing and academic facilities loans .. .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. 6 465 465 465

Department of Energy:

Bonneville Power Administration fund .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −148 −58 162 2,499 2,589 2,441

Department of Housing and Urban Development:

Housing Programs:

Federal Housing Administration ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 975 1,475 .. .. .. 3,639 4,139 5,114

Housing for the elderly and handicapped .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. −881 .. .. .. 6,174 5,293 5,293

Public and Indian housing:

Low-rent public housing .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. 37 40 .. .. .. 37 37

Department of Interior:

Bureau of Reclamation loan fund ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. 11 16 50 60 60

Helium fund .. .. .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. 252 252 252

Bureau of Indian Affairs .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. (* *) (* *) 32 28 28 28

Department of Justice:

Federal Prison Industries, Incorporated . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. 20 20 20

Department of State:

Repatriation loans .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. (* *) (* *) (* *)

Department of Transportation:

Minority business resource center fund .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. 5 14 14 19 19

Federal Aviation Administration:

Aircraft purchase loan guarantee program . ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. (* *) (* *) (* *)

Federal Railroad Administration:

Alameda corridor project . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. 120 120 120

Railroad rehabilitation and improvement loan fund . .. .. ... .. .. .. .. .. .. .. .. (* *) .. .. .. (* *) .. .. .. .. .. ..

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

Department of Treasury:

Community development financial institutions fund . .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. 4 4 4 4

Federal Financing Bank revolving fund . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −670 −5,722 −10,180 34,944 29,892 29,222

Department of Veterans Affairs:

Guaranty and indemnity fund .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. 445 1,152 1,652 2,097 2,097

Loan guaranty revolving fund .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. −617 758 2,028 1,411 1,411

Direct loan revolving fund .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. (* *) (* *) (* *) (* *) (* *)

Native American veteran housing fund . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. −4 11 23 19 19

Vocational rehabilitation loan fund .. .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. 2 1 1 3 3

Corps of Engineers:

Washington aqueduct .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1 9 .. .. .. .. .. .. 8 9

Environmental Protection Agency:

Abatement, control, and compliance loan program . .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. 38 38 38

Federal Emergency Management Agency:

National insurance development fund . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. −192 262 920 728 728

Disaster assistance loan fund .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. 62 62 62

22
Table 6. Schedule C (Memorandum)—Federal Agency Borrowing Financed Through the Issue of Public Debt Securities,

May 1998 and Other Periods—Continued

[$ millions]

Account Balances Transactions Current Fiscal Year

Classification

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

This Year Prior Year This Year This Month

Borrowing from the Treasury:—Continued

General Services Administration:

Land aquisition and development fund . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. −85 .. .. .. 85 (* *) (* *)

International Assistance Program:

International Security Assistance:

Foreign military loan program .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. 296 306 1,408 1,703 1,703

Military debt reduction .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. 3 3 3 3

Agency for International Development:

International debt reduction .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. 234 234 234

Housing and other credit guaranty programs . .. .. .. .. .. ... .. .. .. .. .. .. .. .. −25 .. .. .. 110 85 85

Microenterprise and small enterprise development . .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. 2 2 2

Overseas Private Investment Corporation .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. −2 4 85 83 83

Small Business Administration:

Business loan fund .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. 8 54 391 399 399

Disaster loan fund . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. 145 1,091 9,015 9,160 9,160

Independent agencies:

District of Columbia .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. −223 −156 223 .. .. .. .. .. ..

Export-Import Bank of the United States . .. .. ... .. .. .. .. .. ... .. .. .. .. .. 22 303 405 3,140 3,421 3,443

Federal Communications Commission: .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

Spectrum auction loan fund . .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. 510 2,447 7,120 7,631 7,631

Railroad Retirement Board:

Rail industry pension fund . .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. 2,128 2,128 2,128

Social Security equivalent benefit account . ... .. .. .. .. .. ... .. .. .. .. .. 245 2,090 −1,056 2,911 4,756 5,000

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 .. .. ... .. .. .. .. .. −305 17,806 13,583 133,301 151,412 151,107

Borrowing from the Federal Financing Bank:

Department of Agriculture:

Rural Utilities Service:

Rural electrification and telecommunications fund .. .. .. ... .. .. .. .. .. 2 −609 −1,072 19,418 18,807 18,809

Rural development insurance fund . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. 3,675 3,675 3,675

Rural Housing Service:

Rural housing insurance fund .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −605 −2,180 −3,245 13,530 11,955 11,350

Department of Defense:

Department of Navy . .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. 1,624 1,624 1,624

Defense agencies .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. −83 −75 −316 −399 −399

Department of Education:

Historically Black college and university capital

financing fund . .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1 2 .. .. .. 1 2 2

Department of Health and Human Services:

Medical facilities guarantee and loan fund . .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. 13 13 13

Health maintenance organization loan and

loan guarantee fund .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. 4 4 4

Department of Housing and Urban Development:

Low rent housing − loans and other expenses . .. .. .. .. .. ... .. .. .. .. .. .. .. .. −70 −65 1,561 1,491 1,491

Community development grants .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −1 −3 −2 36 34 33

Department of Interior:

Assistance to territories ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. −1 −1 19 18 18

Department of Transportation:

Railroad rehabilitation and improvement loan fund . .. .. .. ... .. .. .. .. .. .. .. .. (* *) −94 4 4

General Services Administration:

Federal buildings fund . ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −7 −14 −40 1,794 1,787 1,780

Pennsylvania avenue activities . .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 10 66 79 626 682 692

International Assistance Program:

Foreign military financing program .. .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −13 −126 −114 3,048 2,935 2,923

Small Business Administration:

Business loan fund .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −3 −30 −30 275 249 245

Independent agencies:

Export-Import Bank of the United States . .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. −753 −465 1,295 542 542

FSLIC resolution fund:

Resolution Trust Corporation closeout .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −55 −958 −3,643 1,375 471 417

Postal Service .. .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. −964 −1,500 1,964 1,000 1,000

Total borrowing from the Federal Financing Bank .. ... .. .. .. .. .. −670 −5,722 −10,180 49,945 44,893 44,223

Note: This table includes lending by the Federal Financing Bank accomplished by the ... No Transactions.

purchase of agency financial assets, by the acquisition of agency debt securities, and by direct (* *) Less than $500,000.

loans on behalf of an agency. The Federal Financing Bank borrows from Treasury and issues its Note: Details may not add to totals due to rounding.

own 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, May 1998 and

Other Periods

[$ millions]

Securities Held as Investments Net Purchases or Sales (−) Current Fiscal Year

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

This Year Prior Year This Year This Month

Federal funds:

Department of Agriculture ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. 5 9 9 14 14

Department of Commerce .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. −6 9 23 18 18

Department of Defense—Military:

Defense cooperation account .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. (* *) (* *) 1 1 1

Department of Energy . .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 329 4,104 1,122 7,129 10,904 11,233

Department of Housing and Urban Development:

Housing Programs:

Federal Housing Administration fund . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1,297 1,388 3,435 13,475 13,566 14,863

Government National Mortgage Association:

Guarantees of mortgage-backed securities . ... .. .. .. .. .. ... .. .. .. .. .. 57 422 407 5,382 5,747 5,804

Other .. .. .. ... .. .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. −3 38 168 164 164

Department of the Interior .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −16 128 256 3,876 4,020 4,004

Department of Labor . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −6 559 538 7,835 8,400 8,394

Department of Transportation . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 5 −4 35 145 136 141

Department of the Treasury .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 33 249 3,508 15,875 16,090 16,124

Department of Veterans Affairs:

Canteen service revolving fund .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. 1 −1 38 39 39

Veterans reopened insurance fund . .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −5 −12 −11 521 514 509

Servicemen’s group life insurance fund .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. (* *) (* *) 4 4 4

Independent agencies:

Export-Import Bank of the United States . .. .. ... .. .. .. .. .. ... .. .. .. .. .. 155 −126 245 954 673 828

Federal Deposit Insurance Corporation:

Bank insurance fund ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 221 1,092 3,600 26,329 27,200 27,421

Savings association insurance fund .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 16 261 4,433 9,265 9,510 9,526

FSLIC resolution fund .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 19 249 919 1,806 2,037 2,055

National Credit Union Administration . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1 147 138 3,695 3,841 3,842

Postal Service .. .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −697 −829 1,134 860 728 32

Tennessee Valley Authority .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. −699 .. .. .. .. .. .. .. .. ..

Other .. .. .. ... .. .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 2 185 201 2,092 2,275 2,278

Other . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 78 186 271 3,851 3,959 4,037

Total public debt securities .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1,489 7,997 19,586 103,333 109,841 111,330

Total Federal funds .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1,489 7,997 19,586 103,333 109,841 111,330

Trust funds:

Legislative Branch:

Library of Congress .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 5 7 −1 19 21 26

United States Tax Court . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. (* *) (* *) (* *) 6 6 6

Other .. .. .. ... .. .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. (* *) 1 1 34 35 35

Judicial Branch:

Judicial retirement funds .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 11 49 37 353 390 401

Department of Agriculture ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. (* *) 11 10 7 17 17

Department of Commerce .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. (* *) .. .. .. .. .. .. .. .. ..

Department of Defense—Military:

Voluntary separation incentive fund . .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −5 75 110 862 942 937

Other .. .. .. ... .. .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1 2 1 66 67 68

24
Table 6. Schedule D—Investments of Federal Government Accounts in Federal Securities, May 1998 and

Other Periods—Continued

[$ millions]

Securities Held as Investments Net Purchases or Sales (−) Current Fiscal Year

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

This Year Prior Year This Year This Month

Trust Funds—Continued

Department of Health and Human Services:

Federal hospital insurance trust fund . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −4,788 −958 −9,615 116,621 120,451 115,663

Federal supplementary medical insurance trust fund . .. .. ... .. .. .. .. .. 3,112 2,965 4,307 34,464 34,318 37,430

Other .. .. .. ... .. .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −2 42 67 1,270 1,313 1,311

Department of the Interior .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −41 −46 14 422 417 376

Department of Justice .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 65 86 58 .. .. .. 21 86

Department of Labor:

Unemployment trust fund . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 8,775 7,545 6,666 61,923 60,693 69,468

Other .. .. .. ... .. .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −10 −31 −30 67 46 36

Department of State:

Foreign Service retirement and disability fund .. .. .. .. .. .. ... .. .. .. .. .. −31 271 263 8,978 9,280 9,249

Other .. .. .. ... .. .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. −679 3 3

Department of Transportation:

Airport and airway trust fund . .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 266 2,730 −952 6,360 8,824 9,090

Highway trust fund . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1,185 5,270 1,458 22,341 26,425 27,610

Other .. .. .. ... .. .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 19 27 34 2,111 2,119 2,138

Department of Treasury .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −27 −28 −59 273 272 245

Department of Veterans Affairs:

General post fund, national homes . .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1 8 2 37 43 44

National service life insurance . .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −72 −159 −147 12,023 11,935 11,864

United States government life insurance fund .. .. .. .. .. .. ... .. .. .. .. .. −1 −5 −6 92 88 87

Veterans special life insurance fund .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −8 −15 −4 1,610 1,603 1,595

Corps of Engineers .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 24 132 143 1,479 1,587 1,612

Other Defense Civil Programs:

Military retirement fund ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 3,564 13,364 14,357 126,022 135,821 139,386

Other .. .. .. ... .. .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 5 10 30 640 645 650

Environmental Protection Agency . .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −62 −356 −426 6,977 6,683 6,621

Federal Emergency Management Agency .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. 1 1 1

National Aeronautics and Space Administration ... .. .. .. .. .. ... .. .. .. .. .. (* *) 1 (* *) 16 17 17

Office of Personnel Management:

Civil service retirement and disability fund:

Public debt securities .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −2,028 341 −2,356 414,404 416,774 414,745

Agency securities .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. −2,500 .. .. .. 7,098 4,598 4,598

Employees life insurance fund . .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 207 963 770 18,038 18,794 19,001

Employees and retired employees health benefits fund .. ... .. .. .. .. .. 71 −283 −973 6,787 6,432 6,504

Social Security Administration:

Federal old-age and survivors insurance trust fund .. .. .. ... .. .. .. .. .. 2,281 53,803 38,602 567,445 618,967 621,248

Federal disability insurance trust fund .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 504 8,757 8,367 63,562 71,815 72,318

Independent agencies:

Harry S. Truman Memorial Scholarship trust fund .. .. .. .. ... .. .. .. .. .. .. .. .. (* *) (* *) 55 56 56

Japan-United States Friendship Commission . ... .. .. .. .. .. ... .. .. .. .. .. (* *) (* *) (* *) 16 15 16

Railroad Retirement Board . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 983 1,934 1,732 19,239 20,190 21,173

Other .. .. .. ... .. .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 2 127 39 498 623 625

Total public debt securities .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 14,009 96,633 62,510 1,495,128 1,577,751 1,591,760

Total agency securities . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. −2,500 .. .. .. 7,098 4,598 4,598

Total trust funds . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 14,009 94,133 62,510 1,502,226 1,582,349 1,596,358

Grand total . .. ... .. .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 15,498 102,130 82,096 1,605,559 1,692,190 1,707,689

... 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 6. Schedule E—Net Activity, Guaranteed and Direct Loan Financing, May 1998 and Other Periods

[$ millions]

Net Transactions Account Balances (−) denotes net reduction of Current Fiscal Year asset accounts

Classification

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

This Year Prior Year This Year This Month

Guaranteed Loan Financing Activity:

Department of Agriculture:

Farm Service Agency:

Commodity Credit Corporation export fund . ... .. .. .. .. .. ... .. .. .. .. .. −21 −266 −183 −159 −404 −425

Agricultural credit insurance fund .. .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −1 −1 9 −169 −169 −170

Rural Utilities Service:

Rural water and waste disposal fund . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. (* *) (* *) −24 −24 −24

Rural Housing Service:

Rural community facility loans .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. (* *) (* *) (* *) −2 −2 −2

Rural housing insurance fund . .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. (* *) −2 −7 −71 −73 −73

Rural Business-Cooperative Service:

Rural business and industry loans .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 2 −5 −11 −17 −24 −22

Department of Commerce:

National Oceanic and Atmospheric Administration:

Fishing vessel obligations . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. (* *) 9 −1 −376

Department of Defense—Military .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

Department of Education:

Office of Postsecondary Education:

Federal family education loans . ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 460 920 417 −7,957 −7,497 −7,037

Historically Black college and university capital financing fund .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

Department of Health and Human Services:

Health Resources and Services Administration:

Health education assistance loans . .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 2 9 (* *) −251 −244 −242

Department of Housing and Urban Development:

Public and Indian Housing Programs:

Indian housing loans . ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. (* *) −1 −1 −2 −3 −3

Community Planning and Development:

Community development loans .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. −2 −2 −2 −4 −4

Housing Programs:

FHA-Mutual mortgage insurance loans .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 12 1,435 476 2,903 4,326 4,338

FHA-General and special risk fund .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 101 195 −142 140 235 336

Government National Mortgage Association:

Guarantees of mortgaged-backed securities ... .. .. .. .. .. ... .. .. .. .. .. −5 −24 −18 −155 −174 −179

Department of the Interior:

Bureau of Indian Affairs ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. (* *) (* *) 37 −18 −18 −18

Department of Transportation:

Maritime Administration . ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. (* *) −10 −6 −184 −194 −194

Department of Veterans Affairs:

Veterans Benefits Administration:

Guaranty and indemnity fund . .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 11 88 614 −3,150 −3,074 −3,063

Loan guaranty revolving fund . .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. (* *) −1 −1 −1

International Assistance Program:

Agency for International Development:

Ukraine export credit insurance fund .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. −13 −26 −26 −26

Loan guarantees to Israel . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. −89 −34 −397 −486 −486

Urban and environmental credit guaranteed loans .. .. .. ... .. .. .. .. .. (* *) −15 −2 −37 −52 −52

Microenterprise and small enterprise development .. .. .. ... .. .. .. .. .. (* *) (* *) −1 −2 −2 −2

Overseas Private Investment Corporation . .. .. ... .. .. .. .. .. ... .. .. .. .. .. −1 −48 −50 −182 −229 −229

Small Business Administration:

Business loan fund . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. (* *) −103 21 −1,313 −1,415 −1,416

Independent agencies:

Export-Import Bank of the United States .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −58 −474 −622 −2,825 −3,241 −3,299

Net Activity, Guaranteed Loan Financing .. .. .. .. .. .. ... .. .. .. .. .. 500 1,618 483 −13,905 −12,788 −12,288

Direct Loan Financing Activity:

Department of Agriculture:

Farm Service Agency:

Agricultural credit insurance fund .. .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 64 92 16 1,798 1,826 1,890

Natural Resources Conservation Service:

Agricultural resource conservation demonstration program . .. .. .. .. .. .. .. .. 2 2 −5 −3 −3

Rural Utilities Service:

Rural water and waste disposal loans .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 37 202 329 1,005 1,170 1,208

Rural electrification and telecommunications fund . .. .. .. ... .. .. .. .. .. 55 443 450 3,774 4,162 4,217

Rural telephone bank . ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 3 3 −13 143 144 146

Rural development insurance fund .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. 1,065 1,065 1,065

Rural Housing Service:

Rural community facility loans fund . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 14 48 68 214 248 262

Rural housing insurance fund . .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 19 100 200 6,313 6,395 6,414

Self-help housing land development fund . .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. (* *) (* *) (* *) (* *) (* *)

26
Table 6. Schedule E—Net Activity, Guaranteed and Direct Loan Financing, May 1998 and Other Periods—Continued

[$ millions]

Net Transactions Account Balances (−) denotes net reduction of Current Fiscal Year asset accounts

Classification

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

This Year Prior Year This Year This Month

Direct Loan Financing Activity:—Continued

Department of Agriculture:—Continued

Rural Business-Cooperative Service:

Rural business and industry loan fund .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1 11 .. .. .. 3 12 14

Rural development loan fund . .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 2 9 11 84 91 93

Rural economic development loan fund . .. .. ... .. .. .. .. .. ... .. .. .. .. .. 2 3 2 32 34 36

Foreign Agricultural Service:

P.L. 480 direct loan fund . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 6 6 −2 336 336 342

International debt reduction . .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. (* *) (* *) 41 41 41

P.L. 480, title 1, Food for progress credits . ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. −15 −15 186 171 171

Department of Commerce:

National Oceanic and Atmospheric Administration:

Fisheries finance .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. (* *) 10 .. .. .. (* *) 10 10

Department of Education:

Office of Postsecondary Education:

Federal direct student loan program .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 149 6,363 5,997 21,902 28,116 28,265

College housing and academic facilities loans . .. .. .. .. .. ... .. .. .. .. .. −2 2 3 13 16 15

Historically Black college and university capital financing fund .. .. .. 1 2 .. .. .. 1 2 2

Department of Housing and Urban Development:

Housing Programs:

FHA-Mutual mortgage insurance loans .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1 (* *) (* *) 1 1 2

FHA-General and special risk fund .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. (* *) (* *) (* *) (* *) (* *)

Department of the Interior:

Bureau of Reclamation . ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 4 5 7 44 44 48

Bureau of Indian Affairs ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −1 −2 −1 26 25 24

Department of State:

Administration of Foreign Affairs:

Repatriation loans . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. (* *) (* *) (* *) −2 −2 −2

Department of Transportation:

Office of the Secretary:

Minority business resource center . .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. (* *) −15 5 5

Federal Highway Administration:

High priority corridors loan fund ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. −24 −3 −3 −3

Federal Railroad Administration:

Alameda corridor project .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. 120 120 120

Railroad rehabilitation and improvement loan fund .. .. .. ... .. .. .. .. .. .. .. .. (* *) (* *) 2 2 2

Amtrak corridor improvement loans .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. (* *) .. .. .. −1 −1 −1

Department of the Treasury:

Departmental Offices:

Community development financial institutions fund .. .. .. ... .. .. .. .. .. .. .. .. (* *) 1 3 3 3

Financial Management Service .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. .. .. .. (* *) (* *) (* *)

Department of Veterans Affairs:

Veterans Benefits Administration:

Guaranty and indemnity fund . .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 107 −139 254 663 416 524

Loan guaranty fund . .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. 114 555 555 555

Direct loan fund .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. .. .. .. (* *) (* *) (* *) (* *)

Native American veteran housing fund .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. (* *) (* *) 1 14 14 15

Vocational rehabilitation loan fund . .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. (* *) (* *) (* *) 1 1 1

Environmental Protection Agency:

Abatement, control, and compliance loan program .. .. .. .. ... .. .. .. .. .. −1 −3 −3 38 35 34

Federal Emergency Management Agency:

Disaster assistance loan fund . .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 6 10 −5 56 60 66

International Assistance Program:

International Security Assistance:

Foreign military loan program . .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 19 41 192 1,278 1,300 1,319

Military debt reduction ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. (* *) (* *) 3 3 3

Agency for International Development:

International debt reduction . .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. (* *) −8 −8 186 177 178

Microenterprise and small enterprise development .. .. .. ... .. .. .. .. .. .. .. .. (* *) .. .. .. 2 2 2

Overseas Private Investment Corporation . .. .. ... .. .. .. .. .. ... .. .. .. .. .. (* *) −15 5 70 55 55

Small Business Administration:

Business loan fund . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −2 −4 5 97 95 93

Disaster loan fund .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −24 93 292 4,019 4,136 4,112

Independent agencies:

District of Columbia . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. −223 −156 223 .. .. .. .. .. ..

Export-Import Bank of the United States .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 155 724 678 2,402 2,971 3,126

Federal Communications Commission:

Spectrum auction loan fund . .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. .. .. .. 487 2,406 7,110 7,597 7,597

Net Activity, Direct Loan Financing .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 616 8,248 10,805 53,816 61,448 62,064

Note: Federal credit programs provide benefits to the public in the form of direct loans and administrative expenses and subsidy payments are reported on a cash basis and included within

loan guarantees. This table reflects cash transactions and balances of the nonbudgetary financing each program’s budgetary totals in Table 5.

fund accounts that result from the disbursement of loans, collection of fees, repayment of ... No Transactions.

principle, sale of collateral, interest, and subsidy received from the credit program accounts at net (* *) Less than $500,000.

present value in accordance with the Credit Reform Act of 1990. Unreimbursed costs such as Note: Details may not add to totals due to rounding.

27
Table 7. Receipts and Outlays of the U.S. Government by Month, Fiscal Year 1998

[$ millions]

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

Receipts:

Individual income taxes . . . .............. 60,680 46,596 69,060 95,798 42,209 39,662 158,284 29,974 542,262 485,350

Corporation income taxes . .............. 3,254 3,913 44,037 4,407 829 19,491 27,361 3,259 106,551 99,602

Social insurance and retirement

receipts:

Employment and general

retirement ............................ 36,928 39,629 44,297 50,395 41,825 47,389 56,544 42,560 359,566 331,876

Unemployment insurance ............. 1,443 2,526 425 1,036 2,589 301 4,589 8,273 21,182 21,530

Other retirement . . . . . . . . . . . . . . . . . . . . . . 414 334 427 333 335 337 332 406 2,917 2,978

Excise taxes . ............................ 5,090 5,204 5,176 4,683 4,796 4,499 5,742 4,841 40,030 36,058

Estate and gift taxes .................... 2,198 1,510 1,498 1,808 1,500 1,845 4,198 1,845 16,402 13,295

Customs duties .......................... 1,802 1,323 1,416 1,387 1,454 1,412 1,428 1,297 11,519 11,268

Miscellaneous receipts .................. 3,089 2,447 1,663 2,764 2,414 2,994 2,525 2,823 20,721 16,204

Total—Receipts this year ........... 114,898 103,481 168,000 162,610 97,952 117,930 261,002 95,278 1,121,151 ......

(On-budget) ........................ 87,082 73,689 135,343 123,368 65,051 80,647 216,988 61,791 843,958 ......

(Off-budget) ........................ 27,816 29,792 32,657 39,243 32,900 37,283 44,014 33,488 277,192 ......

Total—Receipts prior year . . . ............ 99,656 97,850 148,488 150,718 90,293 108,074 228,588 94,493 . . .... 1,018,160

(On budget) . . ............................ 73,644 70,019 119,527 113,841 59,673 73,844 187,997 63,146 . . .... 761,692

(Off budget) . . ............................ 26,012 27,831 28,961 36,877 30,620 34,230 40,591 31,347 . . .... 256,468

Outlays

Legislative Branch . . . . . . . . . . . . . . . . . . . . . . . 373 213 210 191 188 179 194 172 1,720 1,595

Judicial Branch . . . . . . . . . . . . . . . . . . . . . . . . . . 299 363 185 223 372 240 230 283 2,195 2,214

Department of Agriculture:

Commodity Credit Corporation and

Foreign Agricultural Service ......... 2,670 1,471 2,492 1,997 −164 −103 −36 −634 7,693 6,026

Other .................................. 3,607 3,097 3,518 3,758 3,624 3,918 3,314 3,340 28,176 30,734

Department of Commerce . . . . . . . . . . . . . . 294 324 419 224 319 281 296 291 2,447 2,458

Department of Defense:

Military:

Military Personnel .................. 8,246 3,319 7,564 5,561 5,650 3,366 5,664 5,836 45,207 48,232

Operation and Maintenance ........ 7,477 6,280 7,921 7,225 7,134 8,263 8,450 7,722 60,473 60,910

Procurement ........................ 3,749 3,173 5,315 3,438 3,522 4,495 4,000 3,853 31,545 30,544

Research, Development, Test, and

Evaluation ......................... 3,764 2,400 3,735 2,835 2,390 3,668 2,738 3,522 25,051 23,920

Military Construction . . . . . . . . . . . . . . . . 575 649 494 532 425 419 453 417 3,964 3,993

Family Housing . . . . . . . . . . . . . . . . . . . . . 304 266 300 282 290 305 330 301 2,378 2,534

Revolving and Management

funds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 804 −142 558 76 87 −854 −740 827 618 2,939

Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 383 783 −100 −107 −39 −352 −64 −289 214 50

Total Military ................... 25,302 16,729 25,787 19,842 19,459 19,310 20,832 22,189 169,450 173,123

Department of Education . . .............. 2,369 2,933 2,752 3,142 4,799 1,183 2,403 1,197 20,777 20,387

Department of Energy .................. 1,249 1,113 1,399 1,155 997 1,070 1,283 1,144 9,411 9,363

Department of Health and Human

Services:

Public Health Service . . . .............. 1,870 1,834 1,960 2,127 1,863 1,825 2,021 1,984 15,484 14,862

Health Care Financing Administration:

Grants to States for Medicaid ..... 9,443 7,445 8,715 8,536 7,631 8,421 8,893 7,872 66,957 63,462

Federal hospital ins. trust fund .... 12,990 8,972 13,472 10,764 11,167 10,513 12,127 10,693 90,698 92,386

Federal supp. med. ins. trust

fund . . . ............................ 7,599 5,030 7,716 6,622 6,046 5,575 6,567 6,346 51,500 48,598

Other . . . ............................ 5,096 5,038 5,310 6,542 4,801 5,219 7,076 5,015 44,097 43,418

Administration for Children and

Families . . ............................ 2,267 2,870 2,807 2,822 2,860 3,162 2,837 2,289 21,913 21,113

Other .................................. −6,532 −6,568 −6,929 −8,127 −6,478 −7,126 −8,760 −6,472 −56,992 −55,706

Department of Housing and Urban

Development ........................... 3,535 1,707 2,116 3,205 1,904 1,926 2,702 2,242 19,337 19,579

Department of the Interior . . . . . . . . . . . . . . 625 465 952 535 591 544 527 399 4,638 4,522

Department of Justice ................... 1,110 1,220 1,543 1,263 1,423 1,320 1,245 1,263 10,387 9,626

Department of Labor:

Unemployment trust fund ............. 1,677 1,435 1,995 2,439 2,174 2,411 2,095 1,694 15,920 17,060

Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 727 580 105 419 239 302 740 697 3,810 3,675

Department of State . . . . . . . . . . . . . . . . . . . . 457 206 879 332 368 370 391 308 3,311 3,689

Department of Transportation:

Highway trust fund ................... 2,159 1,575 1,667 1,254 1,204 1,338 1,351 1,539 12,088 12,543

Other .................................. 1,755 1,438 2,036 1,529 1,540 1,610 1,368 1,429 12,706 12,807

Department of the Treasury:

Interest on the public debt ........... 21,771 26,407 67,795 21,176 21,609 21,781 21,212 27,448 229,199 225,580

Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 933 631 1,496 748 10,591 6,857 3,118 1,166 25,540 24,143

Department of Veterans Affairs:

Compensation and pensions ......... 3,160 90 3,204 1,666 1,718 154 1,734 1,700 13,426 14,344

National service life . . . . . . . . . . . . . . . . . . . 73 71 75 81 81 106 91 83 661 659

United States Government Life ...... 11111111 8 9

Other .................................. 2,025 1,686 1,640 1,575 1,576 1,608 2,216 1,812 14,138 12,636

28
Table 7. Receipts and Outlays of the U.S. Government by Month, Fiscal Year 1998—Continued

[$ millions]

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

Outlays—Continued

Corps of Engineers . . . . . . . . . . . . . . . . . . . . . 273 339 427 266 310 242 215 300 2,373 2,515

Other Defense Civil Programs .......... 2,532 2,568 2,569 2,617 2,616 2,628 2,627 2,627 20,784 20,127

Environmental protection . . . . . . . . . . . . . . . . 493 413 612 446 479 535 527 509 4,013 3,963

Executive Office of the President . . . . . . . 18 16 17 14 20 17 31 19 154 152

Federal Emergency Management

Agency . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 228 106 195 146 122 225 224 210 1,456 2,342

General Services Administration . . . . . . . . 486 −775 533 404 −487 461 603 589 1,815 372

International Assistance Program:

International Security Assistance . . . . . 127 242 3,014 153 142 22 107 270 4,077 4,088

Multilateral Assistance . . . . . . . . . . . . . . . . 345 2 1 319 69 138 535 27 1,435 1,630

International Development

Assistance . . . . . . . . . . . . . . . . . . . . . . . . . . . 300 187 294 146 −120 267 313 150 1,536 1,920

Other .................................. −348 279 544 −221 −226 271 179 101 578 419

National Aeronautics and Space

Administration .......................... 1,254 1,209 1,422 1,025 1,001 1,196 1,177 1,149 9,435 9,397

National Science Foundation . . . . . . . . . . . . 228 230 263 275 254 242 259 231 1,981 1,900

Office of Personnel Management ....... 3,744 3,746 3,920 3,834 3,493 4,060 3,922 3,655 30,375 29,860

Small Business Administration .......... −6 50 21 148 14 20 20 10 279 234

Social Security Administration:

Federal old-age and survivors ins.

trust fund (off-budget) . .............. 26,618 26,607 26,954 27,163 27,219 27,299 27,201 27,316 216,377 208,663

Federal disability ins. trust fund (offbudget) . . . ............................ 3,953 3,926 4,037 4,075 4,061 4,126 4,137 4,177 32,491 30,987

Other .................................. 4,559 159 4,629 2,331 2,353 134 2,422 2,412 18,998 20,827

Independent agencies:

Fed. Deposit Ins. Corp:

Bank insurance fund . .............. −71 −199 −21 −42 −169 −264 −107 −221 −1,095 −3,507

Savings association insurance

fund . . . ............................ −42 7 −65 1 −57 −48 −41 −16 −261 −4,402

FSLIC resolution fund:

RTC closeout .................... −244 −103 −174 −95 −34 −134 −81 −49 −914 −3,524

Other . ............................ −27 −28 −11 −144 −11 −22 −19 −19 −281 −958

Office of Inspector General . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 6 (* *) 10 (* *)

Postal Service:

Public enterprise funds (offbudget) ............................ −294 −441 −535 −166 −257 −945 −715 1,019 −2,335 −2,428

Payment to the Postal Service

fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 −1 (* *) 22 . . . . . . . . . . . . 22 . . . . . . 65 99

Tennessee Valley Authority .......... −139 99 −175 58 −197 −107 3 −14 −472 −45

Other independent agencies .......... 1,380 2,067 1,214 1,082 1,485 800 1,098 1,113 10,237 10,437

Undistributed offsetting receipts:

Employer share, employee

retirement ............................ −2,579 −2,413 −2,635 −2,499 −2,575 −2,582 −2,562 −2,728 −20,573 −20,169

Interest received by trust funds ...... −359 −5,635 −47,009 −167 −1,487 −358 −279 −6,080 −61,374 −58,159

Rents and royalties on outer

continental shelf lands .............. −482 −48 −994 −5 −247 −482 −306 −118 −2,682 −2,720

Sale of major assets . . . .............. −6 ...... ...... ...... ...... ...... −3,185 ...... −3,191 ......

Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (* *) −152 −1 (* *) −572 . . . . . . (* *) −70 −796 −5,044

Totals this year:

Total outlays ......................... 150,866 120,830 154,361 137,231 139,701 131,743 136,400 134,057 1,105,189 ......

(On-budget) ........................ 123,866 91,326 146,649 108,844 109,393 101,967 108,570 102,382 892,997 ......

(Off-budget) ........................ 27,000 29,504 7,711 28,388 30,308 29,775 27,830 31,675 212,192 ......

Total-surplus (+) or deficit (−) ...... −35,968 −17,349 +13,639 +25,379 −41,750 −13,813 +124,603 −38,779 +15,962 ......

(On-budget) ........................ −36,784 −17,637 −11,307 +14,524 −44,342 −21,320 +108,419 −40,591 −49,038 ......

(Off-budget) ........................ +816 +287 +24,946 +10,855 +2,592 +7,508 +16,184 +1,812 +65,000 ......

Total borrowing from the public . . . 6,315 29,108 −1,771 −24,807 30,565 20,137 −60,587 −8,597 −9,639 38,696

Total-outlays prior year . ................ 139,461 135,728 129,999 137,354 134,303 129,397 134,649 142,988 . . .... 1,083,878

(On-budget) ............................ 113,282 106,328 120,762 110,551 104,964 100,401 107,842 112,626 . . .... 876,756

(Off-budget) . . . ........................ 26,179 29,400 9,237 26,803 29,339 28,995 26,807 30,362 . . .... 207,122

Total-surplus (+) or deficit (−) prior

year . .................................... −39,805 −37,878 +18,490 +13,364 −44,010 −21,323 +93,939 −48,494 . . .... −65,718

(On-budget) ............................ −39,638 −36,309 −1,234 +3,289 −45,291 −26,558 +80,155 −49,479 . . .... −115,064

(Off-budget) . . . ........................ −167 −1,569 +19,724 +10,075 +1,281 +5,234 +13,784 +985 . . .... +49,346

... No transactions.

(* *) Less than $500,000.

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

29
Table 8. Trust Fund Impact on Budget Results and Investment Holdings as of May 31, 1998

[$ millions]

Securities held as Investments This Month Fiscal Year to Date Current Fiscal Year

Classification

Beginning of Close of Receipts Outlays Excess Receipts Outlays Excess This Month This Year This Month

Trust receipts, outlays, and investments held:

Airport and airway .. ... .. .. .. .. .. ... .. .. .. .. .. 719 410 309 6,347 3,757 2,591 6,360 8,824 9,090

Black lung disability ... .. .. .. .. .. ... .. .. .. .. .. 58 43 15 425 337 87 .. .. .. .. .. .. .. .. ..

Federal disability insurance . .. .. ... .. .. .. .. .. 4,715 4,177 538 41,225 32,491 8,734 63,562 71,815 72,318

Federal employees life and health .. .. .. .. .. .. .. .. −280 280 .. .. .. −719 719 24,825 25,226 25,505

Federal employees retirement .. ... .. .. .. .. .. 1,639 3,643 −2,005 27,026 28,891 −1,865 430,839 431,048 429,000

Federal hospital insurance .. .. .. ... .. .. .. .. .. 9,022 10,717 −1,695 90,346 91,010 −664 116,621 120,451 115,663

Federal old-age and survivors insurance . .. 29,609 27,316 2,293 270,308 216,377 53,931 567,445 618,967 621,248

Federal supplementary medical insurance .. 6,571 6,346 224 54,172 51,500 2,672 34,464 34,318 37,430

Hazardous substance superfund ... .. .. .. .. .. 21 101 −80 524 928 −404 5,877 5,503 5,437

Highways .. .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 2,650 1,697 953 20,160 14,855 5,305 22,341 26,425 27,610

Military advances . .. ... .. .. .. .. .. ... .. .. .. .. .. 1,020 979 41 8,972 9,197 −224 .. .. .. .. .. .. .. .. ..

Military retirement .. ... .. .. .. .. .. ... .. .. .. .. .. 6,027 2,612 3,414 33,338 20,688 12,650 126,022 135,821 139,386

Railroad retirement . ... .. .. .. .. .. ... .. .. .. .. .. 817 680 138 4,446 5,433 −987 19,239 20,190 21,173

Unemployment .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 8,333 1,696 6,637 23,676 15,962 7,714 61,923 60,693 69,468

Veterans life insurance .. .. .. .. .. ... .. .. .. .. .. 18 110 −92 642 830 −188 13,724 13,626 13,545

All other trust . .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 265 581 −316 2,476 4,189 −1,713 8,983 9,442 9,486

Total trust fund receipts and outlays and

investments held from Table 6-D ......... 71,483 60,828 10,654 584,083 495,725 88,358 1,502,226 1,582,349 1,596,358

Less: Interfund transactions . .. .. .. ... .. .. .. .. .. 13,827 13,827 .. .. .. 149,458 149,458 .. .. ..

Trust fund receipts and outlays on the basis

of Tables 4 & 5 . .. .. ... .. .. .. .. .. ... .. .. .. .. .. 57,656 47,001 10,654 434,625 346,267 88,358

Total Federal fund receipts and outlays ....... 40,481 89,915 −49,434 710,521 782,917 −72,396

Less: Interfund transactions . .. .. ... .. .. .. .. .. 21 21 .. .. .. 295 295 .. .. ..

Federal fund receipts and outlays on the

basis of Table 4 & 5 .. .. .. .. .. .. ... .. .. .. .. .. 40,461 89,894 −49,434 710,226 782,622 −72,396

Less: Offsetting proprietary receipts . .. .. .. .. .. 2,838 2,838 .. .. .. 23,700 23,700 .. .. ..

Net budget receipts & outlays .................. 95,278 134,057 −38,779 1,121,151 1,105,189 15,962

Note: Interfund receipts and outlays are transactions between Federal funds and trust funds of such transactions is offset against bugdet outlays. In this table, Interfund receipts are shown as

such as Federal payments and contributions, and interest and profits on investments in Federal an adjustment to arrive at total receipts and outlays of trust funds respectively.

securities. They have no net effect on overall budget receipts and outlays since the receipts side

Table 9. Summary of Receipts by Source, and Outlays by Function of the U.S. Government, May 1998

and Other Periods

[$ millions]

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

RECEIPTS

Individual income taxes . .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 29,974 542,262 485,350

Corporation income taxes . .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 3,259 106,551 99,602

Social insurance and retirement receipts:

Employment and general retirement .. ... .. .. .. .. .. ... .. .. .. .. .. 42,560 359,566 331,876

Unemployment insurance . ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 8,273 21,182 21,530

Other retirement ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 406 2,917 2,978

Excise taxes .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 4,841 40,030 36,058

Estate and gift taxes .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1,845 16,402 13,295

Customs duties . .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1,297 11,519 11,268

Miscellaneous receipts .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 2,823 20,721 16,204

Total . .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 95,278 1,121,151 1,018,160

NET OUTLAYS

National defense .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 23,212 178,964 182,899

International affairs .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 720 10,417 11,507

General science, space, and technology ... .. .. .. .. .. ... .. .. .. .. .. 1,548 12,860 11,996

Energy .. .. .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 42 −203 697

Natural resources and environment . .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1,574 13,745 13,759

Agriculture . .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −451 9,555 7,769

Commerce and housing credit . .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 791 −4,574 −14,012

Transportation . .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 2,746 22,941 23,552

Community and regional development .. ... .. .. .. .. .. ... .. .. .. .. .. 873 6,723 7,530

Education, training, employment and social services ... .. .. .. .. .. 2,798 35,169 34,245

Health ... .. .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 10,419 86,384 82,219

Medicare .. .. .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 15,341 128,718 127,805

Income security . .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 18,705 165,608 167,898

Social security .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 31,490 248,854 239,636

Veterans benefits and services .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 3,604 28,288 27,682

Administration of justice . .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 1,781 14,428 13,550

General government . .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 925 8,737 8,349

Net interest . .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 20,855 165,815 164,727

Undistributed offsetting receipts .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. −2,916 −27,240 −27,930

Total . .. .. .. ... .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. ... .. .. .. .. .. 134,057 1,105,189 1,083,878

... No transactions.

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

30
Explanatory Notes

1. Flow of Data Into Monthly Treasury Statement Outlays are stated net of offsetting collections (including receipts of

The Monthly Treasury Statement (MTS) is assembled from data in the revolving and management funds) and of refunds. Interest on the public

central accounting system. The major sources of data include monthly debt (public issues) is recognized on the accrual basis. Federal credit

accounting reports by Federal entities and disbursing officers, and daily programs subject to the Federal Credit Reform Act of 1990 use the cash

reports from the Federal Reserve banks. These reports detail accounting basis of accounting and are divided into two components. The portion of

transactions affecting receipts and outlays of the Federal Government the credit activities that involve a cost to the Government (mainly

and off-budget Federal entities, and their related effect on the assets and subsidies) is included within the budget program accounts. The remainliabilities of the U.S. Government. Information is presented in the MTS on ing portion of the credit activities are in non-budget financing accounts.

a modified cash basis. Outlays of off-budget Federal entities are excluded by law from budget

totals. However, they are shown separately and combined with the on2. Notes on Receipts budget outlays to display total Federal outlays.

Receipts included in the report are classified into the following major

categories: (1) budget receipts and (2) offsetting collections (also called 4. Processing

applicable receipts). Budget receipts are collections from the public that The data on payments and collections are reported by account

result from the exercise of the Government’s sovereign or governmental symbol into the central accounting system. In turn, the data are extracted

powers, excluding receipts offset against outlays. These collections, also from this system for use in the preparation of the MTS.

called governmental receipts, consist mainly of tax receipts (including There are two major checks which are conducted to assure the

social insurance taxes), receipts from court fines, certain licenses, and consistency of the data reported:

deposits of earnings by the Federal Reserve System. Refunds of receipts

are treated as deductions from gross receipts. 1. Verification of payment data. The monthly payment activity reported by

Offsetting collections are from other Government accounts or the Federal entities on their Statements of Transactions is compared to the

public that are of a business-type or market-oriented nature. They are payment activity of Federal entities as reported by disbursing officers.

classified into two major categories: (1) offsetting collections credited to 2. Verification of collection data. Reported collections appearing on

appropriations or fund accounts, and (2) offsetting receipts (i.e., amounts Statements of Transactions are compared to deposits as reported by

deposited in receipt accounts). Collections credited to appropriation or Federal Reserve banks.

fund accounts normally can be used without appropriation action by

Congress. These occur in two instances: (1) when authorized by law, 5. Other Sources of Information About Federal Government

amounts collected for materials or services are treated as reimburse- Financial Activities

ments to appropriations and (2) in the three types of revolving funds

(public enterprise, intragovernmental, and trust); collections are netted • A Glossary of Terms Used in the Federal Budget Process, January

against spending, and outlays are reported as the net amount. 1993 (Available from the U.S. General Accounting Office, P.O. Box 6015,

Offsetting receipts in receipt accounts cannot be used without being Gaithersburg, Md. 20877). This glossary provides a basic reference

appropriated. They are subdivided into two categories: (1) proprietary document of standardized definitions of terms used by the Federal

receipts—these collections are from the public and they are offset against Government in the budgetmaking process.

outlays by agency and by function, and (2) intragovernmental funds—

these are payments into receipt accounts from Governmental appropria- • Daily Treasury Statement (Available from GPO, Washington, D.C.

tion or funds accounts. They finance operations within and between 20402, on a subscription basis only and on the Internet at

Government agencies and are credited with collections from other http://www.fms.treas.gov/). The Daily Treasury Statement is published

Government accounts. The transactions may be intrabudgetary when the each working day of the Federal Government and provides data on the

payment and receipt both occur within the budget or from receipts from 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 • Monthly Statement of the Public Debt of the United States

budget totals. (Available from GPO, Washington, D.C. 20402 on a subscription basis

only and on the Internet at http://www.publicdebt.treas.gov/opd/opd.htm). Intrabudgetary transactions are subdivided into three categories:

(1) interfund transactions, where the payments are from one fund group This publication provides detailed information concerning the public debt.

(either Federal funds or trust funds) to a receipt account in the other fund • Treasury Bulletin (Available from GPO, Washington, D.C. 20402, by group; (2) Federal intrafund transactions, where the payments and subscription or single copy and on the Internet at receipts both occur within the Federal fund group; and (3) trust intrafund http://www.fms.treas.gov/). Quarterly. Contains a mix of narrative, tables, transactions, where the payments and receipts both occur within the trust and charts on Treasury issues, Federal financial operations, international fund group. statistics, and special reports. Offsetting receipts are generally deducted from budget authority and

outlays by function, by subfunction, or by agency. There are four types of • Budget of the United States Government, Fiscal Year 19 receipts, however, that are deducted from budget totals as undistributed (Available from GPO, Washington, D.C. 20402 and on the Internet at offsetting receipts. They are: (1) agencies’ payments (including payments http://access.gpo.gov/). This publication is a single volume which pro- by off-budget Federal entities) as employers into employees retirement vides budget information and contains: funds, (2) interest received by trust funds, (3) rents and royalties on the

Outer Continental Shelf lands, and (4) other interest (i.e., interest -Budget of the United States Government, FY 19 collected on Outer Continental Shelf money in deposit funds when such -Appendix, Budget of the United States Government, FY 19 money is transferred into the budget). -Analytical Perspectives

-Historical Tables

3. Notes on Outlays -Citizens Guide to the Federal Budget

Outlays are generally accounted for on the basis of checks issued,

electronic funds transferred, or cash payments made. Certain outlays do • United States Government Annual Report and Appendix (Available

not require issuance of cash or checks. An example is charges made from Financial Management Service, U.S. Department of the Treasury,

against appropriations for that part of employees’ salaries withheld for Washington, D.C. 20227). This annual report represents budgetary

taxes or savings bond allotments — these are counted as payments to results at the summary level. The appendix presents the individual

the employee and credits for whatever purpose the money was withheld. receipt and appropriation accounts at the detail level.

31
Scheduled Release

The release date for the June 1998 Statement

will be 2:00 pm EST July 22, 1998.

For sale by the Superintendent of Documents, U.S. Government Printing

Office, Washington, D.C. 20402 (202) 512-1800. The subscription price is

$38.00 per year (domestic), $47.00 per year (foreign).

No single copies are sold.

The Monthly Treasury Statement is now available on the Department of Commerce’s Economic Bulletin Board.

For information call (202) 482-1986.

Internet service subscribers can access the current issue of the Monthly Treasury Statement through the

Financial Management Service’s home page:

http://www.fms.treas.gov/