Tax Reform Proposals


Book Description




Tax Expenditures


Book Description




Monthly Catalog of United States Government Publications


Book Description

February issue includes Appendix entitled Directory of United States Government periodicals and subscription publications; September issue includes List of depository libraries; June and December issues include semiannual index







Transfer Spending, Taxes, and the American Welfare State


Book Description

In 1989 the federal government spent $1197 billion, a mind-boggling sum that is almost impossible to visualize. Since there were 248. 8 million people living in the United States in that year, the government spent an average of $4811 for every man, woman, and child in the nation. For a hypothetical family of four, federal spending in 1989 amounted to an average of$19,244. To put this sum in perspective, the money income of an American family averaged $35,270 in the same year. To finance spending $1197 billion, the government collected taxes from American citizens and residents in an amount of $1047 billion. Because of a shortfall between what it spent and what it took in taxes, the government had to borrow $150 billion, partly from individuals, but mostly from banks, insurance companies, and foreigners. How, where, and on whom did the federal government spend all this money? Since federal spending in 1989 totaled 23 cents in comparison to every dollar spent for the buying of goods and services, finding an answer to this question is not a trivial matter. Spending by Washington reaches into every nook and cranny of the economy, touching the lives and fortunes of almost everyone in the nation. Thus, answers to these questions are of more than academic interest.




Production Credit Associations


Book Description







Federal Support for Education, Fiscal Years 1980 to 1996


Book Description

This report attempts to provide a comprehensive picture of total federal financial support for education since fiscal year 1980. It takes into account programs that reside in Federal agencies other than the Department of Education if they have significant educational components. Federal support for education, excluding estimated Federal tax expenditures was an estimated $96.4 billion in fiscal year (FY) 1996, an increase of $33.6 billion, or 54%, since FY 1990. After adjustment for inflation, Federal support for education increased 29% between FY '90 and FY '96. In FY '96, on-budget Federal funds for education programs were estimated to be $70.9 billion, an increase of 37% since FY 90 in current dollars or an increase of 15% after being adjusted for inflation. Off-budget support and nonFederal funds generated by Federal legislation were estimated at $25.6 billion, an increase of 92% in constant dollars since FY '90. Between FY '90 and FY '96 funds for elementary and secondary education increased 34% in constant dollars. Over 58% of Federal education support, excluding estimated Federal tax expenditures, went to educational institutions in FY '96. The estimated share of expenditures of educational institutions declined from 14% in FY '80 to 10% in FY '90, but rose to 11% in FY '96. Six appendixes present detailed tables of expenditures. (Contains nine tables, six appendix tables, and three figures.) (SLD)