Usa federal grants

FEDERAL RECEIPTS, OUTLAYS, AND DEBT

In fiscal 2002, there was a deficit of $158.5 billion, compared with a surplus of $127.1 billion a year earlier.

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FEDERAL RECEIPTS BY SOURCE AND OUTLAYS BY FUNCTION

In fiscal 2002, receipts were $137.7 billion lower than a year earlier and outlays were $147.9 billion higher.

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FEDERAL SECTOR, NATIONAL INCOME ACCOUNTS BASIS

In the third quarter of 2002, according to advance estimates, Federal current expenditures fell $6.4 billion (annual rate); receipts data are incomplete.

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