Real-World
Economics

 

George H. Blackford, Ph.D.

 Economist at Large

 Email: george(at)rwEconomics.com

 

It ain't what you don't know that gets you into trouble.

It’s what you know for sure that just ain't so.
Attributed to Mark Twain (among others)

    

 

Home
Economic Papers
Political Essays
Bibiliography
Biography
Links     

 

http://www.rweconomics.com/_themes/sandston/astonrul.gif

OMB Budget Tables 3.1, 3.2, and 11.3

http://www.rweconomics.com/_themes/sandston/astonrul.gif

 

 

Table 3.1—Outlays by Superfunction and Function

2015

Program

Billions of Dollars

Percent of Budget

Percent  of GDP

National Defense

589.6

15.98%

3.31%

Human resources

2,706.8

73.39%

15.20%

Education, Training, Employment, and Social Services

122.1

3.31%

0.69%

Health

482.2

13.07%

2.71%

Medicare

546.2

14.81%

3.07%

Income Security

508.8

13.80%

2.86%

Social Security

887.8

24.07%

4.99%

Veterans Benefits and Services

159.7

4.33%

0.90%

Physical resources

115.2

3.12%

0.65%

Energy

6.8

0.19%

0.04%

Natural Resources and Environment

36.0

0.98%

0.20%

Commerce and Housing Credit

-37.9

-1.03%

-0.21%

(On-budget)

-36.2

-0.98%

-0.20%

(Off-budget)

-1.7

-0.05%

-0.01%

Transportation

89.5

2.43%

0.50%

Community and Regional Development

20.7

0.56%

0.12%

Net interest

223.2

6.05%

1.25%

Other functions

169.4

4.59%

0.95%

International Affairs

48.6

1.32%

0.27%

General Science, Space, and Technology

29.4

0.80%

0.17%

Agriculture

18.5

0.50%

0.10%

Administration of Justice

51.9

1.41%

0.29%

General Government

21.0

0.57%

0.12%

Allowances

0.0

0.00%

0.00%

Undistributed offsetting receipts

-115.8

-3.14%

-0.65%

Total, Federal outlays

3,688.3

100.00%

20.72%

Gross National Product

17,803.4

482.70%

100.00%

 

 

 

Table 3.2—Outlays by Function and Subfunction

2015

Program

Millions of Dollars

Percent of Budget

Percent  of GDP

050 National Defense:

-

0.00%

0.00%

051 Department of Defense-Military:

-

0.00%

0.00%

Military Personnel

145,206

3.94%

0.82%

Operation and Maintenance

247,239

6.70%

1.39%

Procurement

101,342

2.75%

0.57%

Research, Development, Test, and Evaluation

64,124

1.74%

0.36%

Military Construction

8,114

0.22%

0.05%

Family Housing

1,198

0.03%

0.01%

Other

(4,724)

-0.13%

-0.03%

051 Subtotal, Department of Defense-Military

562,499

15.25%

3.16%

053 Atomic energy defense activities

18,692

0.51%

0.10%

054 Defense-related activities

8,373

0.23%

0.05%

Total, National Defense

589,564

15.98%

3.31%

150 International Affairs:

-

0.00%

0.00%

151 International development and humanitarian assistance

24,087

0.65%

0.14%

152 International security assistance

12,907

0.35%

0.07%

153 Conduct of foreign affairs

13,246

0.36%

0.07%

154 Foreign information and exchange activities

1,531

0.04%

0.01%

155 International financial programs

(3,195)

-0.09%

-0.02%

Total, International Affairs

48,576

1.32%

0.27%

250 General Science, Space, and Technology:

-

0.00%

0.00%

251 General science and basic research

11,719

0.32%

0.07%

252 Space flight, research, and supporting activities

17,693

0.48%

0.10%

Total, General Science, Space, and Technology

29,412

0.80%

0.17%

270 Energy:

-

0.00%

0.00%

271 Energy supply

4,707

0.13%

0.03%

272 Energy conservation

1,187

0.03%

0.01%

274 Emergency energy preparedness

449

0.01%

0.00%

276 Energy information, policy, and regulation

495

0.01%

0.00%

Total, Energy

6,838

0.19%

0.04%

300 Natural Resources and Environment:

-

0.00%

0.00%

301 Water resources

7,760

0.21%

0.04%

302 Conservation and land management

10,519

0.29%

0.06%

303 Recreational resources

3,501

0.09%

0.02%

304 Pollution control and abatement

7,241

0.20%

0.04%

306 Other natural resources

7,013

0.19%

0.04%

Total, Natural Resources and Environment

36,034

0.98%

0.20%

350 Agriculture:

-

0.00%

0.00%

351 Farm income stabilization

13,424

0.36%

0.08%

352 Agricultural research and services

5,076

0.14%

0.03%

Total, Agriculture

18,500

0.50%

0.10%

370 Commerce and Housing Credit:

-

0.00%

0.00%

371 Mortgage credit

(35,658)

-0.97%

-0.20%

372 Postal service

(1,610)

-0.04%

-0.01%

373 Deposit insurance

(12,812)

-0.35%

-0.07%

376 Other advancement of commerce

12,175

0.33%

0.07%

Total, Commerce and Housing Credit

(37,905)

-1.03%

-0.21%

400 Transportation:

-

0.00%

0.00%

401 Ground transportation

59,126

1.60%

0.33%

402 Air transportation

20,033

0.54%

0.11%

403 Water transportation

9,994

0.27%

0.06%

407 Other transportation

380

0.01%

0.00%

Total, Transportation

89,533

2.43%

0.50%

450 Community and Regional Development:

-

0.00%

0.00%

451 Community development

7,817

0.21%

0.04%

452 Area and regional development

3,861

0.10%

0.02%

453 Disaster relief and insurance

8,992

0.24%

0.05%

Total, Community and Regional Development

20,670

0.56%

0.12%

500 Education, Training, Employment, and Social Services:

-

0.00%

0.00%

501 Elementary, secondary, and vocational education

40,022

1.09%

0.22%

502 Higher education

51,341

1.39%

0.29%

503 Research and general education aids

3,493

0.09%

0.02%

504 Training and employment

7,103

0.19%

0.04%

505 Other labor services

1,799

0.05%

0.01%

506 Social services

18,303

0.50%

0.10%

Total, Education, Training, Employment, and Social Services

122,061

3.31%

0.69%

550 Health:

-

0.00%

0.00%

551 Health care services

446,360

12.10%

2.51%

552 Health research and training

31,400

0.85%

0.18%

554 Consumer and occupational health and safety

4,463

0.12%

0.03%

Total, Health

482,223

13.07%

2.71%

570 Medicare:

-

0.00%

0.00%

571 Medicare

546,202

14.81%

3.07%

600 Income Security:

-

0.00%

0.00%

601 General retirement and disability insurance (excluding social security)

7,805

0.21%

0.04%

602 Federal employee retirement and disability

139,166

3.77%

0.78%

603 Unemployment compensation

34,978

0.95%

0.20%

604 Housing assistance

47,823

1.30%

0.27%

605 Food and nutrition assistance

104,797

2.84%

0.59%

609 Other income security

174,274

4.73%

0.98%

Total, Income Security

508,843

13.80%

2.86%

650 Social Security:

-

0.00%

0.00%

651 Social security

887,753

24.07%

4.99%

700 Veterans Benefits and Services:

-

0.00%

0.00%

701 Income security for veterans

76,360

2.07%

0.43%

702 Veterans education, training, and rehabilitation

13,383

0.36%

0.08%

703 Hospital and medical care for veterans

61,908

1.68%

0.35%

704 Veterans housing

743

0.02%

0.00%

705 Other veterans benefits and services

7,344

0.20%

0.04%

Total, Veterans Benefits and Services

159,738

4.33%

0.90%

750 Administration of Justice:

-

0.00%

0.00%

751 Federal law enforcement activities

26,934

0.73%

0.15%

752 Federal litigative and judicial activities

14,717

0.40%

0.08%

753 Federal correctional activities

7,049

0.19%

0.04%

754 Criminal justice assistance

3,203

0.09%

0.02%

Total, Administration of Justice

51,903

1.41%

0.29%

800 General Government:

-

0.00%

0.00%

801 Legislative functions

3,760

0.10%

0.02%

802 Executive direction and management

510

0.01%

0.00%

803 Central fiscal operations

11,096

0.30%

0.06%

804 General property and records management

(490)

-0.01%

0.00%

805 Central personnel management

81

0.00%

0.00%

806 General purpose fiscal assistance

7,266

0.20%

0.04%

808 Other general government

3,528

0.10%

0.02%

809 Deductions for offsetting receipts

(4,782)

-0.13%

-0.03%

Total, General Government

20,969

0.57%

0.12%

900 Net Interest:

-

0.00%

0.00%

901 Interest on Treasury debt securities (gross)

402,429

10.91%

2.26%

902 Interest received by on-budget trust funds

(45,823)

-1.24%

-0.26%

903 Interest received by off-budget trust funds

(95,968)

-2.60%

-0.54%

908 Other interest

(37,781)

-1.02%

-0.21%

909 Other investment income

324

0.01%

0.00%

Total, Net Interest

223,181

6.05%

1.25%

920 Allowances:

-

0.00%

0.00%

923 Immigration Reform

-

0.00%

0.00%

924 Adjustment for Budget Control Act Caps (Non-Security)

-

0.00%

0.00%

925 Future Disaster Costs

-

0.00%

0.00%

929 Placeholder for Outyear OCO Costs

-

0.00%

0.00%

Total, Allowances

-

0.00%

0.00%

950 Undistributed Offsetting Receipts:

-

0.00%

0.00%

951 Employer share, employee retirement (on-budget)

(65,112)

-1.77%

-0.37%

952 Employer share, employee retirement (off-budget)

(16,008)

-0.43%

-0.09%

953 Rents and royalties on the Outer Continental Shelf

(4,555)

-0.12%

-0.03%

954 Sale of major assets

-

0.00%

0.00%

959 Other undistributed offsetting receipts

(30,128)

-0.82%

-0.17%

Total, Undistributed Offsetting Receipts

(115,803)

-3.14%

-0.65%

Total outlays

3,688,292

100.00%

20.72%

 

 

 

OMB's Table 11.3 Payments for Individuals

2015

Programs

Billions of Dollars

Percent of Budget

Percent  of GDP

Social security and railroad retirement:

 

 

 

Social security: old age and survivors insurance

738.0

20.0%

4.15%

Social security: disability insurance

143.4

3.9%

0.81%

Railroad retirement (excl. social security)

8.9

0.2%

0.05%

Total, Social security and railroad retirement

890.2

24.1%

5.00%

Federal employees retirement and insurance:

0.0

0.0%

0.00%

Military retirement

56.8

1.5%

0.32%

Civil service retirement

81.8

2.2%

0.46%

Veterans service-connected compensation

69.7

1.9%

0.39%

Other

3.7

0.1%

0.02%

Total, Federal employees retirement and insurance

212.0

5.7%

1.19%

Unemployment Assistance

32.7

0.9%

0.18%

Medical care:

 

 

 

Medicare: hospital insurance

273.5

7.4%

1.54%

Medicare: supplementary medical insurance

348.6

9.5%

1.96%

Children's health insurance

9.2

0.3%

0.05%

Medicaid

349.8

9.5%

1.96%

Indian health

4.6

0.1%

0.03%

Hospital and medical care for veterans

63.7

1.7%

0.36%

Health resources and services

7.7

0.2%

0.04%

Substance abuse and mental health services

3.1

0.1%

0.02%

Uniformed Services retiree health care fund

10.0

0.3%

0.06%

Center for Medicare and Medicaid Innovation

1.0

0.0%

0.01%

Refundable Premium Tax Credit and Cost Sharing Reductions

27.2

0.7%

0.15%

Postal Service Retiree Health Benefits Fund

0.0

0.0%

0.00%

Other

12.7

0.3%

0.07%

Total, Medical care

1,111.0

30.1%

6.24%

Assistance to students:

 

 

 

Veterans education benefits

13.6

0.4%

0.08%

Student assistance--Department of Education and other

61.1

1.7%

0.34%

Total, Assistance to students

74.7

2.0%

0.42%

Housing assistance

46.7

1.3%

0.26%

Food and nutrition assistance:

 

 

 

SNAP (formerly Food stamps)(including Puerto Rico)

76.1

2.1%

0.43%

Child nutrition and special milk programs

21.0

0.6%

0.12%

Supplemental feeding programs (WIC and CSFP)

6.3

0.2%

0.04%

Commodity donations and other

1.1

0.0%

0.01%

Total, Food and nutrition assistance

104.6

2.8%

0.59%

Public assistance and related programs:

 

 

 

Supplemental security income program

52.3

1.4%

0.29%

Family support payments to States and TANF

20.0

0.5%

0.11%

Low income home energy assistance

3.4

0.1%

0.02%

Earned income tax credit

60.1

1.6%

0.34%

Payments to States for daycare assistance

5.1

0.1%

0.03%

Veterans non-service connected pensions

5.3

0.1%

0.03%

Payments to States--Foster Care/Adoption Assist.

7.3

0.2%

0.04%

Payment where child credit exceeds tax liability

20.6

0.6%

0.12%

Family Energy Assistance Fund

0.0

0.0%

0.00%

Other public assistance

1.2

0.0%

0.01%

Total, Public assistance and related programs

175.3

4.8%

0.98%

All other payments for individuals:

 

 

 

Coal miners and black lung benefits

0.4

0.0%

0.00%

Veterans insurance and burial benefits

1.2

0.0%

0.01%

Aging services programs

1.7

0.0%

0.01%

Energy employees compensation fund

1.0

0.0%

0.01%

September 11th victim compensation

0.1

0.0%

0.00%

Refugee assistance and other

3.2

0.1%

0.02%

Total, All other payments for individuals

7.7

0.2%

0.04%

Total, payments for individuals

2,654.9

72.0%

14.91%

Total Outlays

       3,688.3

100.0%

20.72%

Gross National Product

17,803.4

482.7%

100.00%

 

 

 

 

 

HTML hit counter - Quick-counter.net