F.106 Federal Government
Billions of dollars; quarterly figures are seasonally adjusted annual rates
Description Series code 2018 2019 2020 2020 Q1 2020 Q2 2020 Q3 2020 Q4 2021 Q1 2021 Q2 Line
Federal government; current receipts, NIPA basis FA316010105 3569.0 3713.7 3684.5 3751.2 3481.1 3690.5 3815.1 3982.6 4130.9 1
Federal government; personal current taxes FA316210001 1616.5 1708.6 1679.6 1737.9 1581.5 1662.2 1736.9 1851.9 1927.2 2
Federal government; taxes on production and imports, receivable (IMA) FA316240001 163.6 174.7 158.0 185.8 138.3 151.3 156.6 166.2 177.6 3
Federal government; taxes on corporate income (accrual basis) FA316231001 208.8 217.0 192.7 166.7 167.4 211.7 225.1 246.4 261.2 4
Federal government; taxes from the rest of the world FA316231061 25.7 27.2 27.4 28.6 26.1 26.6 28.3 29.4 29.3 5
Federal government; contributions for government social insurance received FA316601001 1345.4 1406.2 1444.6 1457.1 1391.6 1443.8 1486.0 1517.9 1542.1 6
Federal government; property income (received) FA316150105 123.3 109.9 119.8 116.5 114.1 132.4 116.3 109.5 138.7 7
Federal government; other current transfers received FA316403105 86.3 72.5 62.9 59.5 62.7 62.6 66.6 62.8 56.7 8
Federal government; operating surplus, net FA316402101 -0.6 -2.6 -0.6 -0.9 -0.6 -0.2 -0.8 -1.6 -1.9 9
Federal government; current expenditures FA316900005 4497.1 4761.1 6794.5 4909.2 9106.7 7206.8 5955.2 8071.4 7472.2 10
Federal government; consumption expenditures FA316901001 1039.4 1097.4 1161.4 1124.7 1187.6 1169.4 1164.1 1219.9 1208.0 11
Federal government; social contributions paid FA316404001 2219.2 2348.4 3406.1 2443.0 4810.8 3503.3 2867.3 5107.4 3396.8 12
Federal government; other current transfers paid (IMA) FA316403001 634.0 659.5 931.9 694.8 1447.3 792.1 793.5 837.9 1680.1 13
Federal government; interest paid (IMA) FA316130001 541.8 583.5 534.2 566.4 537.3 521.5 511.7 502.5 503.8 14
Federal government; subsidies paid FA316402001 62.7 72.4 760.8 80.3 1123.6 1220.5 618.6 403.8 683.6 15
Federal government; net saving including net capital transfers paid, insurance and pension fund reserves adjustment and contributions for government social insurance for U.S. affiliated areas (NIPA) FA316006005 -928.1 -1047.5 -3110.0 -1158.0 -5625.6 -3516.3 -2140.1 -4088.9 -3341.4 16
Federal government; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis (NIPA basis) FA316300001 284.9 293.3 303.5 298.2 301.6 305.1 309.2 312.7 317.0 17
Federal government; life insurance and pension fund reserves, adjustment to convert NIPA to FOF savings; liability (1) FA313154015 -2.0 -2.2 -4.0 -4.2 -5.0 -3.6 -3.2 -1.9 -5.7 18
Federal government; net capital transfers paid excluding payments under the financial stabilization program (2) FA315440095 59.6 77.8 72.6 74.7 72.7 72.4 70.8 277.2 67.8 19
Federal government; gross saving less net capital transfers paid (other than for financial stabilization program) FA316000105 -700.7 -829.7 -2875.1 -930.2 -5391.7 -3280.0 -1898.5 -4051.4 -3086.5 20
Federal government; gross investment FA315090005 -676.3 -797.4 -2908.4 -1607.4 -6319.0 -1870.6 -1836.5 -4205.9 -3531.7 21
Federal government; gross fixed investment (NIPA basis) FA315019001 299.6 317.5 340.3 330.0 337.4 345.7 348.2 348.7 355.3 22
Federal government; acquisition of nonproduced nonfinancial assets (net) FA315420003 -0.8 -2.6 -2.9 -0.3 -0.1 -11.1 -0.2 -18.3 -0.3 23
Federal government; net lending (+) or borrowing (-) (financial account) FA315000005 -975.1 -1112.4 -3245.8 -1937.1 -6656.2 -2205.2 -2184.5 -4536.3 -3886.7 24
Federal government; total financial assets FA314090005 322.1 84.2 1701.9 661.1 6188.0 166.1 -207.7 -2396.1 -1237.4 25
Federal government; U.S. official reserve assets FA313011005 5.0 4.6 8.9 -1.0 19.8 7.2 9.8 -8.5 1.8 26
Federal government; checkable deposits and currency; asset FA313020005 173.5 1.0 1326.3 642.6 4840.1 164.0 -341.5 -2274.6 -1011.5 27
Federal government; total time and savings deposits; asset FA313030003 0.1 0.3 -1.3 -1.6 0.6 -1.7 -2.7 35.5 -34.4 28
Federal government; debt securities; asset FA314022005 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 29
Federal government; agency- and GSE-backed securities; asset FA313061703 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 30
Federal government; corporate bonds issued by commercial banking under TARP; asset FA313063763 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 31
Federal government; loans; asset FA314023005 99.1 93.5 253.2 76.0 541.8 312.3 82.8 112.6 113.1 32
Federal government; other loans and advances; asset FA313069005 5.0 9.9 188.1 -13.8 457.9 264.1 44.4 29.8 34.7 33
Federal government; total mortgages; asset FA313065005 3.4 0.6 3.3 6.1 5.6 -4.0 5.7 4.4 4.9 34
Federal government; consumer credit, student loans; asset (3) FA313066220 90.7 83.0 61.7 83.7 78.4 52.2 32.7 78.5 73.5 35
Federal government; corporate equities; asset (4) FA313064105 4.0 0.0 0.0 0.0 0.0 0.0 0.0 -0.0 -0.0 36
Federal government; trade receivables; asset FA313070000 10.4 -1.9 11.3 0.8 25.1 1.8 17.7 29.4 1.3 37
Federal government; total taxes receivable; asset FA313078000 15.0 -20.3 -18.6 -67.5 300.2 -326.0 18.9 -54.7 -269.6 38
Federal government; total miscellaneous assets FA313090005 15.0 7.0 122.0 11.9 460.4 8.4 7.3 -235.7 -38.1 39
Federal government; total liabilities FA314190005 1297.1 1196.6 4947.6 2598.2 12844.2 2371.3 1976.8 2140.3 2649.3 40
Federal government; special drawing rights (SDRs) allocations; liability FA313111303 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 41
Monetary authority; SDR certificates issued by federal government; asset FA713014003 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 42
Federal government; Treasury currency; liability FA313112003 -0.3 -0.5 -0.0 0.0 0.0 -0.2 0.0 0.0 0.0 43
Federal government; debt securities; liability FA314122005 1409.8 1174.9 4581.2 2682.6 12319.5 1374.7 1947.8 2122.3 2314.9 44
Federal government; Treasury securities; liability (5) FA313161105 1411.2 1176.6 4582.2 2682.7 12320.2 1378.2 1947.6 2123.8 2314.9 45
Federal government; marketable Treasury securities; liability FA313161205 1131.6 1062.7 4317.3 2462.0 11726.3 1221.9 1858.8 2184.3 2103.5 46
Federal government; nonmarketable Treasury securities; liability FA313161305 279.6 113.9 264.9 220.6 593.9 156.3 88.8 -60.5 211.3 47
Federal government; budget agency securities; liability FA313161705 -1.5 -1.7 -1.0 -0.1 -0.7 -3.5 0.2 -1.5 -0.0 48
Federal government; loans; liability FA314123005 -151.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 49
Federal government; multifamily residential mortgages; liability FA313165403 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 50
Federal government; other loans and advances due to federal government defined contribution retirement funds; liability FA313169003 -151.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 51
Federal government; trade payables; liability FA313170005 74.0 36.0 16.8 -36.4 -40.2 81.5 62.4 40.7 70.8 52
Federal government; life insurance reserves; liability FA313140003 0.2 0.9 0.2 -0.6 -0.0 1.4 0.0 1.1 -3.4 53
Federal government; total miscellaneous liabilities FA313190005 -34.9 -14.6 349.5 -47.4 564.9 913.8 -33.4 -23.9 267.0 54
Federal government defined benefit retirement funds; claims of pension funds on sponsor; asset FA343073045 -50.4 -32.9 -19.6 -47.0 -66.9 7.8 27.5 -67.7 -150.1 55
Federal government; Paycheck Protection Program payables; liability FA313172003 0.0 0.0 364.7 0.0 634.1 900.7 -75.9 51.0 383.0 56
Federal government; miscellaneous liabilities, excluding claims of pension funds FA313190015 15.5 18.3 4.4 -0.4 -2.3 5.3 15.1 -7.2 34.1 57
Federal government; sector discrepancy FA317005005 -24.4 -32.3 33.3 677.2 927.3 -1409.4 -62.0 154.5 445.2 58
Federal government; change in cash balance; asset (6) FA314000105 173.2 1.8 1324.3 557.7 4939.0 66.0 -265.5 -2319.3 -940.2 59

NOTES

  1. Railroad Retirement Board, the National Railroad Retirement Investment Trust, and federal government life insurance reserves.
  2. Table F.5, line 64 less line 12.
  3. Includes loans originated by the Department of Education under the Federal Direct Loan Program, as well as Federal Family Education Loan Program loans that the government purchased from depository institutions and finance companies.
  4. Corporate equities purchased from financial businesses under the Troubled Asset Relief Program (TARP) and from GSEs at issuance price.
  5. Includes marketable and nonmarketable Treasury securities held by the public and Treasury securities held by federal government employee retirement funds.
  6. Time and savings deposits (line 28) plus checkable deposits and currency at the monetary authority and U.S.-chartered depository institutions sectors (table F.204, lines 3 and 8).
Last Update: September 23, 2021