july 1976 suevey of current business 39 · 2018-11-06 · july 1976 suevey of current business 39...

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July 1976 SUEVEY OF CURRENT BUSINESS 39 Table 3.11.—Contributions for Social Insurance [Millions of dollars] Table 3.12.—Government Transfer Payments to Persons [Millions of dollars] Contributions for social insurance Employer contributions .. Federal social insurance funds Old-age, survivors, disability, and hospital insurance.- Old-ape survivors and disability insurance Hospital insurance State unemployment insurance Federal unemployment tax Railroad unemployment insurance Railroad retirement Federal civilian employees retirement Veterans life insurance Workmen's compensation .. State and local social insurance funds State and local employees retirement - Cash sickness compensation - Workmen's compensation .. Personal contributions Federal social insurance funds Old-age, survivors, disability, and hospital insurance. . Employees Old-age survivors and disability insurance Hospital insurance Self-employed - - Supplementary medical insurance. . State unemployment insurance .. Railroad retirement Federal civilian employees retirement Veterans life insurance State andlocal social insurance funds . . State and local employees retirement Cash sickness compensation 1972 73, 594 39, 424 32, 491 23, 367 20 641 2,726 4,169 1,182 119 567 2,872 12 203 6,933 6,025 44 864 34, 170 30, 263 25, 525 23, 392 20, 664 2,728 2,133 1,375 26 499 2,144 694 3,907 3,495 412 1973 91,524 49, 289 41,420 30, 459 25, 200 5,259 5,103 1,511 118 766 3,217 9 237 7,869 6,828 47 994 42,235 38, 019 33, 034 30, 488 25, 222 5,266 2,546 1,545 27 524 2,246 643 4,216 3,765 451 1974 103, 416 55, 838 46, 657 34, 607 29 228 5 379 5,420 1,289 119 1,131 3,780 2 309 9,181 7,986 41 1,154 47, 578 43, 093 37, 798 34, 645 29, 255 5,390 3,153 1,795 30 358 2,455 657 4,485 4,015 470 1975 109, 657 59,658 49, 013 36, 115 30, 504 5,611 5,505 1,294 110 1,108 4,457 9 415 10, 645 9,303 32 1,310 49, 999 45,244 39, 609 36, 161 30, 537 5,624 3,448 1,908 61 364 2,656 646 4,755 4,282 473 Table 3.13.—Subsidies Less Current Surplus of Government Enterprises [Millions of dollars] Sudsidies less current surplus of government enter- prises Federal Subsidies Agricultural Housing.. ... - . . .. Maritime Air carriers Other 1 Less: Current surplus of government enterprises Postal Service- Commodity Credit Corporation . Federal Housing Administration. Tennessee Valley Authority ... Other 2 State and local . . . ... . Subsidies .. . . . - .. ... Less: Current surplus of government enterprises Water and sewerage Gas and electricity Toll facilities Liquor stores Air and water terminals. .. Housing and urban renewal Public transit... ... Other 3 . 1972 3 588 7 805 6 783 3 948 1 439 440 67 889 -1,022 1 466 -672 285 230 601 -4,217 53 4,270 1 501 1 252 728 417 419 461 -541 33 1973 3,872 8 223 5 392 2 622 1,646 440 67 617 -2, 831 —2 141 -1 740 260 257 533 —4,351 81 4,432 1 595 1 415 767 433 474 318 -722 152 1974 838 5 228 3 462 516 2 141 478 75 252 -1,766 1 979 —958 119 316 736 —4,390 114 4 504 1 635 1 496 723 468 522 5/5 -1,093 178 1975 2 014 6 534 4 517 768 2 476 523 63 687 -2,017 —3 169 -221 206 368 799 -4,520 156 4,676 1 792 1,554 687 507 573 712 -1,313 164 Government transfer payments to persons. . Federal - - Benefits from social insurance funds Old-age, survivors, and disability insurance. - Hospital and supplementary medical in- surance Unemployment insurance State Federal employees Railroad Railroad retirement Federal civilian employees retirement Civil service Other 1 Veterans life insurance. _.. Workmen' s compensation . Military retirement Veterans benefits. Pension and disability Readjustment . Unemployment Other 2 Food stamp benefits Black lung benefits Special unemployment benefits Supplemental security income . Direct relief Other 3 State and local Benefits from social insurance funds. . . Government pensions Cash sickness compensation Workmen's compensation Direct relief Aid to families with dependent children Other categorical public assistance 4 General assistance 4 Other' _ . ... 1972 99,377 80 461 62 472 40, 948 8 607 5 615 5 400 128 87 2 154 4 145 4 078 67 800 203 4,161 8,868 6 312 2,192 364 1,980 554 2 426 18, 916 6,256 5 149 417 690 10 982 6,875 3,365 742 1,678 1973 113,511 93 187 73 320 50, 665 9 712 4 282 4 100 124 58 2 566 5 041 4 963 78 817 237 4 695 9 484 6 461 2 823 200 2 209 1 057 2 422 20, 324 7 131 5 885 463 783 11 313 7,178 3,449 686 1,880 1974 134,643 114 331 86 997 57, 607 12 510 6 639 6 439 148 52 2 787 6*291 6 194 97 854 309 5 661 10 708 7 107 3 355 246 3 435 957 3 959 2 614 20, 312 8 042 6 671 495 876 10 035 7,887 1,322 826 2,235 1975 168,933 145 8ft 1 110 314 65,852 15 531 16 631 16 228 266 137 3 275 7 725 7 egg 119 885 415 6 827 13 408 7 803 5 096 509 4 599 959 664 4 464 4 566 23,132 9 003 7 526 517 960 11 780 9,186 1,455 1 139 2,349 1. Consists largely of foreign service and Tennessee Valley Authority. 2. Consists of mustering out pay, terminal leave pay, and adjusted compensation benefits. 3. Consists largely of payments to nonprofit institutions and aid to students. In 1975, also includes $1.672 million for special $50 payment to recipients of social security, railroad retire- ment, and supplemental security income benefits, as provided in the Tax Reduction Act of 1975. 4. Prior to 1974, consists of old-age assistance, aid to the blind, and aid to the permanently and totally disabled. In 1974, these programs were replaced by the Federal supplementary security income (SSI) program. Beginning with 1974 consists of State benefits under the SSI program. Federal SSI benefits are shown in line 25. 5. Consists largely of educational assistance, medical insurance premiums paid on behalf of indigents, veterans bonuses, other types of veterans aid, and foster cars payments. 1. Consists largely of subsidies to exporters of farm products and to railroads. 2. Consists largely of Federal Deposit Insurance Corporation, Federal Savings and Loan Insurance Corporation, Government National Mortgage Association, and Export-Import Bank. 3. Consists of State lotteries, off-track betting, local parking, and miscellaneous activities. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis July 1976

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Page 1: July 1976 SUEVEY OF CURRENT BUSINESS 39 · 2018-11-06 · July 1976 SUEVEY OF CURRENT BUSINESS 39 Table 3.11. Contributions for Social Insurance [Millions of dollars] Table 3.12

July 1976 SUEVEY OF CURRENT BUSINESS 39

Table 3.11.—Contributions for Social Insurance

[Millions of dollars]

Table 3.12.—Government Transfer Payments to Persons

[Millions of dollars]

Contributions for social insurance

Employer contributions ..Federal social insurance funds

Old-age, survivors, disability, and hospital insurance.-Old-ape survivors and disability insuranceHospital insurance

State unemployment insuranceFederal unemployment taxRailroad unemployment insuranceRailroad retirementFederal civilian employees retirementVeterans life insuranceWorkmen's compensation ..

State and local social insurance fundsState and local employees retirement -Cash sickness compensation -Workmen's compensation ..

Personal contributionsFederal social insurance funds

Old-age, survivors, disability, and hospital insurance. .Employees

Old-age survivors and disability insuranceHospital insurance

Self-employed - -Supplementary medical insurance. .State unemployment insurance ..Railroad retirementFederal civilian employees retirementVeterans life insurance

State and local social insurance funds . .State and local employees retirementCash sickness compensation

1972

73, 594

39, 42432, 49123, 36720 6412,7264,1691,182

119567

2,87212

2036,9336,025

44864

34, 17030, 26325, 52523, 39220, 6642,7282,1331,375

26499

2,144694

3,9073,495

412

1973

91,524

49, 28941,42030, 45925, 2005,2595,1031,511

118766

3,2179

2377,8696,828

47994

42,23538, 01933, 03430, 48825, 2225,2662,5461,545

27524

2,246643

4,2163,765

451

1974

103, 416

55, 83846, 65734, 60729 2285 3795,4201,289

1191,1313,780

2309

9,1817,986

411,154

47, 57843, 09337, 79834, 64529, 2555,3903,1531,795

30358

2,455657

4,4854,015

470

1975

109, 657

59,65849, 01336, 11530, 5045,6115,5051,294

1101,1084,457

9415

10, 6459,303

321,310

49, 99945,24439, 60936, 16130, 5375,6243,4481,908

61364

2,656646

4,7554,282

473

Table 3.13.—Subsidies Less Current Surplus of GovernmentEnterprises

[Millions of dollars]

Sudsidies less current surplus of government enter-prises

Federal

SubsidiesAgriculturalHousing.. ... - . . ..MaritimeAir carriersOther1

Less: Current surplus of government enterprisesPostal Service-Commodity Credit Corporation .Federal Housing Administration.Tennessee Valley Authority ...Other 2

State and local . . . ... .

Subsidies .. . . . - .. ...Less: Current surplus of government enterprises

Water and sewerageGas and electricityToll facilitiesLiquor storesAir and water terminals. ..Housing and urban renewalPublic transit... ...Other 3 .

1972

3 588

7 805

6 7833 9481 439

44067

889-1,022— 1 466

-672285230601

-4,217

534,2701 5011 252

728417419461

-54133

1973

3,872

8 223

5 3922 6221,646

44067

617-2, 831—2 141-1 740

260257533

—4,351

814,4321 5951 415

767433474318

-722152

1974

838

5 228

3 462516

2 141478

75252

-1,766— 1 979

—958119316736

—4,390

1144 5041 6351 496

7234685225/5

-1,093178

1975

2 014

6 534

4 517768

2 47652363

687-2,017—3 169

-221206368799

-4,520

1564,6761 7921,554

687507573712

-1,313164

Government transfer payments to persons. .

Federal - -

Benefits from social insurance fundsOld-age, survivors, and disability insurance. -Hospital and supplementary medical in-

suranceUnemployment insurance

StateFederal employeesRailroad

Railroad retirementFederal civilian employees retirement

Civil serviceOther1

Veterans life insurance. _..Workmen' s compensation .

Military retirementVeterans benefits.

Pension and disabilityReadjustment .UnemploymentOther2

Food stamp benefitsBlack lung benefitsSpecial unemployment benefitsSupplemental security income .Direct reliefOther3

State and local

Benefits from social insurance funds. . .Government pensionsCash sickness compensationWorkmen's compensation

Direct reliefAid to families with dependent childrenOther categorical public assistance 4

General assistance 4

Other' _ . . . .

1972

99,377

80 461

62 47240, 948

8 6075 6155 400

12887

2 1544 1454 078

67

800203

4,1618,8686 3122,192

364

1,980554

2 426

18, 916

6,2565 149

417690

10 9826,8753,365

742

1,678

1973

113,511

93 187

73 32050, 665

9 7124 2824 100

12458

2 5665 0414 963

78

817237

4 6959 4846 4612 823

200

2 2091 057

2 422

20, 324

7 1315 885

463783

11 3137,1783,449

686

1,880

1974

134,643

114 331

86 99757, 607

12 5106 6396 439

14852

2 7876*2916 194

97

854309

5 66110 7087 1073 355

246

3 435957

3 959

2 614

20, 312

8 0426 671

495876

10 0357,8871,322

826

2,235

1975

168,933

145 8ft 1

110 31465,852

15 53116 63116 228

266137

3 2757 7257 egg

119

885415

6 82713 4087 8035 096

509

4 599959664

4 464

4 566

23,132

9 0037 526

517960

11 7809,1861,4551 139

2,349

1. Consists largely of foreign service and Tennessee Valley Authority.2. Consists of mustering out pay, terminal leave pay, and adjusted compensation benefits.3. Consists largely of payments to nonprofit institutions and aid to students. In 1975, also

includes $1.672 million for special $50 payment to recipients of social security, railroad retire-ment, and supplemental security income benefits, as provided in the Tax Reduction Act of1975.

4. Prior to 1974, consists of old-age assistance, aid to the blind, and aid to the permanentlyand totally disabled. In 1974, these programs were replaced by the Federal supplementarysecurity income (SSI) program. Beginning with 1974 consists of State benefits under the SSIprogram. Federal SSI benefits are shown in line 25.

5. Consists largely of educational assistance, medical insurance premiums paid on behalf ofindigents, veterans bonuses, other types of veterans aid, and foster cars payments.

1. Consists largely of subsidies to exporters of farm products and to railroads.2. Consists largely of Federal Deposit Insurance Corporation, Federal Savings and Loan

Insurance Corporation, Government National Mortgage Association, and Export-ImportBank.

3. Consists of State lotteries, off-track betting, local parking, and miscellaneous activities.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

July 1976

Page 2: July 1976 SUEVEY OF CURRENT BUSINESS 39 · 2018-11-06 · July 1976 SUEVEY OF CURRENT BUSINESS 39 Table 3.11. Contributions for Social Insurance [Millions of dollars] Table 3.12

34 SUEVEY OF CUEEENT BUSINESS July 1977

Table 3.11.—Contributions for Social Insurance[Millions of dollars]

Table 3.12.—Government Transfer Payments to Persons[Millions of dollars]

Contributions for social insurance

Employer contributions

Federal social insurance funds—Old-age, survivors, disability, and hospital insurance

Old-age, survivors, and disability insurance...Hospital insurance

State unemployment insurance _Federal unemployment taxRailroad unemployment insuranceRailroad retirementFederal civilian employees retirement -Veterans life insuranceWorkmen's compensation

State and local social insurance fundsState and local employees retirementCash sickness compensation..Workmen's compensation

Personal contributions

Federal social insurance fundsOld-age, survivors, disability, and hospital insurance

Employees •Old-age, survivors, and disability insuranceHospital insurance

Self-employedSupplementary medical insuranceState unemployment insuranceRailroad retirement—-Federal civilian employees retirement—Veterans life insurance _

State and local social insurance fundsState and local employees retirementCash sickness compensation

1973

91,524

49,289

41,42030,45925,2005,2595,1031,511

118766

3,2179

2377,8696,828

47994

42,235

38,01933,03430,48825,2225,2662,5461,545

27524

2,246643

4,2163,765

451

1974

103,805

56,113

46,73434,681

5,3925,4241,289119

1,1313,779

2309

9,3798,184

411,154

47,692

43,16737,87134,71229,3115,4013,1591,795

30358

2,456657

4,5254,055470

1975

110,120

59,7&1

48,86736,20030,5755,6255,3561,294110

1,1244,359

9415

10,8949,552

321,310

50,359

45,34939,71536,25030,6115,6393,4651,908

64350

2,658654

5,0104,537473

1976

123,849

68,603

56,02640,05833,8336,2257,7511,420149

1,2564,867

7518

12,57711,100

351,442

55,246

49,68643,62440,12033,8786,2423,5042,049

86385

2,866676

5,5605,050510

Table 3.13.—Subsidies Less Current Surplus of GovernmentEnterprises

[Millions of dollars]

Subsidies less current surplus of government enter-prises

Federal

SubsidiesAgriculturalHousingMaritimeAir carriersOther i

Less: Current surplus of government enterprisesPostal ServiceCommodity Credit CorporationFederal Housing AdministrationTennessee Valley Authority...Other 2

State and local

Subsidies

Less: Current surplus of government enterprisesWater and sewerage __Gas and electricityToll facilitiesLiquor storesAir and water terminalsHousing and urban renewalPublic transitOther3

1973 1974 1975 1976

3,872

8,223

5,3922,6221,646

44067

617

-2,831-2,141-1,740

260257533

-4,351

81

4,4321,5951,415

767433474318

-722152

952

5,277

3,434508

2,13747875

-1,843-1,986-1,027

115327728

-4,325

116

4,4411,6201,499

733438513564

-1,133207

2,264

6,727

4,722780

2,42251463

943

-2,005-3,172

-253190357873

-4,463

158

4,6211,6441,681

757441535610

-1,275228

767

5,946

5,671706

3,13254174

1,218

-275-1,730

-197193469990

-5,179

231

5,4101,6152,030

736458558

1,161-1,423

275

1. Consists largely of subsidies to exporters of farm products and to railroads.2. Consists largely of Federal Deposit Insurance Corporation, Federal Savings and Loan

Insurance Corporation, Government National Mortgage Association, and Export-ImportBank.

3. Consists of State lotteries, off-track betting, local parking, and miscellaneous activities.

Government transfer payments to persons.

FederalBenefits from social insurance funds

Old-age, survivors, and disability insurance..Hospital and supplementary medical insur-

anceUnemployment insurance

State....Federal employees . . .Railroad

Railroad retirementFederal civilian employees retirement..

Civil serviceOther i

Veterans life insuranceWorkmen8s compensation.

Military retirementVeterans benefits

Pension and disability.Readjustment.Unemployment..-Other 2

Food stamp benefitsBlack lung benefitsSpecial unemployment benefits-Supplemental security income..Direct reliefOthers

State and local.Benefits from social insurance funds.

Government pensionsCash sickness compensationWorkmen's compensation

Direct reliefAid to families with dependent children..Other categorical public assistance 4

General assistance

Other«..

1973

113,511

93,187

73,32050,665

9,7124,2824,100

12458

2,5665,0414,963

78

817237

4,6959,4846,4612,823200

2,2091,057

2,422

20,324

7,1315,885463783

11,3137,1783,449686

1,880

1974

134,940

114,408

87,03657,607

12,5366,643

15252

2,7976,2906,193

97

854309

5,65710,7097,1073,355247

3,433957

3,959

2,657

20,532

8,2426,871495876

10,0447,8961,322826

2,246

1975

169,825

146,057

110,43965,895

15,53116,72316,316

270137

3,2657,7247,604120

415

6,82413,4157,7955,099521

4,604957665

4,437

4,716

23,768

9,5518,090517944

11,8559,2341,4821,139

2,362

1976

184,741

158,808

121,43874,502

18,36614,71214,184

309219

3,5508,8548,716138

936518

7,70113,3958,4464,347602

4,653984940

4,631

5,066

25,933

10,6829,100518

1,064

12,6939,9241,5421,227

2,558

1. Consists largely of foreign service and Tennessee Valley Authority.2. Consists of mustering out pay, terminal leave pay, and adjusted compensation benefits.3. Consists largely of payments to nonprofit institutions and aid to students. In 1975, in-

cludes $1,666 million for special $50 payments to recipients of social security, railroad retire-ment, and supplemental security income benefits. In 1976, includes $908 million for earnedincome credit payments. The $50 payments and the earned income credits are provisions ofthe Tax Reduction Act of 1975.

4. Prior to 1974, consists of old-age assistance, aid to the blind and aid to the permanentlyand totally disabled. In 1974, these programs were replaced by the Federal supplementarysecurity income (SSI) program. Beginning with 1974 consists of State benefits under the SSIprogram. Federal SSI benefits are shown in line 25.

5. Consists largely of educational assistance, medical insurance premiums paid on behalf ofindigents, veterans bonuses, other types of veterans aid, and foster care payments.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

July 1977

Page 3: July 1976 SUEVEY OF CURRENT BUSINESS 39 · 2018-11-06 · July 1976 SUEVEY OF CURRENT BUSINESS 39 Table 3.11. Contributions for Social Insurance [Millions of dollars] Table 3.12

42 SURVEY OF CURRENT BUSINESS July 1978

Table 3.11.—Contributions for Social Insurance[Millions of dollars]

Contributions for social insurance.

Employer contributions

Federal social insurance fundsOld-age, survivors, disability, and hospital insurance.

Old-age, survivors, and disability insuranceHospital insurance

State unemployment insuranceFederal unemployment taxRailroad unemployment insuranceRailroad retirementFederal civilian employees retirementVeterans life insuranceWorkmen's compensation

State and local social insurance fundsState and local employees retirementCash sickness compensationWorkmen's compensation

Personal contributions.

Federal social insurance fundsOld-age, survivors, disability, and hospital insurance.

EmployeesOld-age, survivors, and disability insuranceHospital insurance.

Self-employedSupplementary medical insuranceState unemployment insuranceRailroad retirementFederal civilian employees retirementVeterans life insurance

State and local social insurance fundsState and local employees retirementCash sickness compensation

1974 1975 1976 1977

103,805 110,579 125,141

56,113

46,73434,68129,2895,3925,4241,289119

1,1313,779

2309

9,3798,184

411,154

47,692

43,16737,87134,71229,3115,4013,1591,795

30358

2,456657

4,5254,055470

60,079

48,82436,23630,6055,6315,2831,294110

1,1244,353

9415

11,2559,889

291,337

50,500

45, 38739,75336,28630, 6415,6453,4671,908

64350

2,658654

5,1134,636477

69,674

56,52240,23733,9856,2527,9841,504149

1,2574,867

7517

13,15211,569

291,554

55,467

49,87643,81040, 30634,0366,2703,5042,049

91384

2,866676

5,5915,083508

140,346

79,376

63,75444,52237,6066,9169,4172,160220

1,4015, 456

7571

15, 62213,800

321,790

60,970

54,93048,47644,60237, 6646,9383,8742,234103404

3,040673

6,0405,482558

Table 3.13.—Subsidies Less Current Surplus of GovernmentEnterprises

[Millions of dollars]

Subsidies less current surplus of government enter-prises

Federal.

SubsidiesAgricultural.HousingMaritimeAir carriers..Other i

Less: Current surplus of government enterprises-Postal ServiceCommodity Credit CorporationFederal Housing AdministrationTennessee Valley AuthorityOther 2

State and local.

Subsidies

Less: Current surplus of government enterprises.Water and sewerageGas and electricityToll facilitiesLiquor storesAir and water terminalsHousing and urban renewalPublic transitOthers

1974 1975

952

5,277

3,434508

2,137478

75236

-1,843-1,986-1,027

115327728

-4,325

116

4,4411,6201,499

733438513564

-1,133207

2,339

6,831

4,808783

2,503513

63946

-2,023-3,218

-254197362890

- 4 , 4 9 2

158

4,6501,6601,696

775438535597

-1,321270

1976

687

5,796

5,574716

3,073501

731,211

-222-1,676

-185182465992

-5,109

190

5,2991,6831,968

809449531681

-1,204382

2,771

8,323

7, 4681,7743,480

50383

1,628

-855-2,126

-375197598851

-5,552

241

5,7931,7272,181

835466524855

-1,301506

1. Consists largely of mass transit and railroad subsidies.2. Consists largely of Federal Deposit Insurance Corporation, Federal Savings and Loan

Insurance Corporation, Government National Mortgage Association, and Export-ImportBank.

3. Consists of State lotteries, off-track betting, local parking, and miscellaneous activities.

Table 3.12.—Government Transfer Payments to Persons[Millions of dollars]

1974

Government transfer payments to persons..

Federal

Benefits from social insurance fundsOld-age, survivors, and disability insurance-Hospital and supplementary medical insur-

anceUnemployment insurance

StateFederal employeesRailroad

Railroad retirementFederal civilian employees retirement..

Civil serviceOther i

Veterans life insuranceWorkmen's compensation.

Military retirementVeterans benefits

Pension and disability.ReadjustmentUnemploymentOther 2

Food stamp benefitsBlack lung benefitsSpecial unemployment benefits.Supplemental security income. _Direct reliefOthers

State and local.

Benefits from social insurance funds..Government pensionsCash sickness compensationWorkmen's compensation

Direct reliefAid to families with dependent children.Other categorical public assistance 4

General assistance

Other s

134,940

114,408

87,03657,607

12,5366, 6436,439

15252

2,7976,2906,193

97

854309

5,65710,7097,1073,355247

3,433957

3,959

~~2~657'

20,532

8,2426,871495876

10,0447,8961,322826

2,246

1975

170,567

146,037

110,43965,895

15,53116, 72316,316

270137

3,2657,7247,604120

886415

6,82413,4167,7955,100521

4,597957664

4,437

1976

185,638

158,431

121,21574,502

18,36614,47913,950

310219

3,5508,8658,727138

936517

7,69613,3988,4474,349602

4,597981975

4,631

4,703

24,530

9.6158,132517966

11,9159,2341,5441,137

3,000

4,938

27,207

10,8329,150511

1,171

12,84510,0581,5601,227

3,530

1977

199,193

169,459

132,07783,326

21,70611,77211,329

270173

3,7979,9259,764161

980571

8,50312,8009,1923,145463

4,371973680

4,786

5,269

29,734

12,23810,400

5351,303

13,47810,5791,6571,242

4,018

1. Consists largely of foreign service and Tennessee Valley Authority.2. Consists of mustering out pay, terminal leave pay, and adjusted compensation benefits.3. Consists largely of payments to nonprofit institutions and aid to students. In 1975, also

includes $1,669 million for special $50 payment to recipients of social security, railroad retire-ment, and supplemental security income benefits, as provided in the Tax Reduction Act of1975.

4. Prior to 1974, consists of old-age assistance, aid to the blind and aid to the permanentlyand totally disabled. In 1974, these programs were replaced by the Federal supplementarysecurity income (SSI) program. Beginning with 1974 consists of State benefits under the SSIprogram and emergency assistance payments. Federal SSI benefits are shown in line 25.

5. Consists largely of educational assistance, medical insurance premiums paid on behalf ofindigents, veterans bonuses, other types of veterans aid, and foster care payments.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

July 1978

Page 4: July 1976 SUEVEY OF CURRENT BUSINESS 39 · 2018-11-06 · July 1976 SUEVEY OF CURRENT BUSINESS 39 Table 3.11. Contributions for Social Insurance [Millions of dollars] Table 3.12

42 SURVEY OF CURRENT BUSINESS July 1979

Table 3.11.—Contributions for Social Insurance[Millions of dollars!

j1978

Table 3.12.—Government Transfer Payments to Persons[Millions of dollars]

Contributions for social insurance

Employer contributions

Federal social insurance fundsOld-age, survivors, disability, and hospital insurant

Old-age, survivors, and disability insuranceHospital insurance

State unemployment insuranceFederal unemployment taxRailroad unemployment insuranceRailroad retirementFederal civilian employees retirementVeterans life insuranceWorkmen's compensation

State and local social insurance fundsState and local employees retirementCash sickness compensationWorkmen's compensation

Personal contributions

Federal social insurance fundsOld-age, survivors, disability, and hospital insurance

EmployeesOld-age, survivors, and disability insuranceHospital insurance

Self-employedSupplementary medical insuranceState unemployment insuranceRailroad retirementFederal civilian employees retirementVeterans life insurance

State and local social insurance fundsState and local employees retirementCash sickness compensation _.

1975

110,579

60,079

48, 82436, 23630, 6055,6315,2831,294110

1,1244,353

Q415

11,255.9,889

291,337

50,500

45, 38739, 75336, 28630,6415,6453,4671,908

64350

2,658654

5,1134,636477

1976

125,989

70,409

56, 53040,11433,8816,2338,1171,504150

1,2554,866

51713, 87912, 200

291,650

55,580

49,75743,68940,18233,9316,2513,5072,049

91386

2,866676

5,8235,315508

1977

142,457

81,182

63,97044,46337,5566,9079,5882,270219

1,3865,466

n571

17, 21215,208

341,970

61,275

54,91748,45144,54037, 6126,9283,9112,234103417

3,040672

6,3585,735623

164,117

94,562

74,28151, 35242.7858,56711, 7672,850219

1,4505,996

10637

20,28117, 890

392,352

69,555

62,76655.78651, 39342, 8088,5854,3932,456110454

3,273687

6,7896,068721

Table 3.13.—Subsidies Less Current Surplus of GovernmentEnterprises

[Millions of dollars]

Subsidies less current surplus of governmententerprises

Federal

SubsidiesAgriculturalHousingMaritimeAir carriersOther i

Less: Current surplus of government enterprisesPostal ServiceCommodity Credit CorporationFederal Housing AdministrationTennessee Valley Authority

Other 2

State and local

Subsidies

Less: Current surplus of government enterprisesWater and sewerageGas and electricityToll facilitiesLiquor storesAir and water terminalsHousing and urban renewalPublic transitOthers

1975

2,339

6,831

4,808783

2,50351363946

-2,023-3, 218-254197362890

-4,492

158

4,6501,6601,696775438535597

-1,321270

1976

964

5,793

5,584711

3,08150173

1,218

-209-1,665-185184465992

-4,829

189

5,0181,5811,893813413595593

-1,201331

1977

3,079

8,128

7,4861,7633,47952783

1,634

-642-1,999-311186591891

-5,049

210

5,2591,5172,088814397693631

-1,305424

1978

4,197

9,689

9,1202,8684,038

54472

1,598

-569-1,832

-762194640

1,191

-5,492

239

5,7311,6072,321

825406775745

-1,425477

1. Consists largely of subsidies to exporters of farm products and to railroads.2. Consists largely of Federal Deposit Insurance Corporation, Federal Savings and Loan

Insurance Corporation, Government National Mortgage Association, and Export-ImportBank.

3. Consists of State lotteries, off-track betting, local parking, and miscellaneous activities.

Government transfer payments to persons.

Federal

Benefits from social insurance fundsOld-age, survivors, and disability insurance-Hospital and supplementary medical insur-

anceUnemployment insurance

StateFederal employeesRailroad

Railroad retirementFederal civilian employees retirement-.

Civil serviceOther i

Veterans life insuranceWorkmen's compensation.

Military retirementVeterans benefits

Pension and disability.ReadjustmentUnemploy me ntOther 2

Food stamp benefitsBlack lung benefitsSpecial unemployment benefits.Supplemental security income..Direct reliefOthers

State and local.

Benefits from social insurance funds..Government pensionsCash sickness compensationWorkmen's compensation

Direct reliefAid to families with dependent childrenOther categorical public assistanceGeneral assistance

Other 4

1975

170,567

146,037

110,43965,895

15,53116,72316,316

270137

3,2657,7247,604120

415

6,82413,4167,7955,100521

4,597957664

4,437

"I

4,703

24,530

9,6158,132517

11,9159,2341,5441,137

3,000

1976

185,817

158,439

121,20974,501

18,36614,47913,950

310219

3,5508,8608,723137

936517

7,69613,3998,4524,345602

4,598981975

4,631

4,950

27,378

11,0619,350511

1,200

12,84310,0581,5581,227

3,474

1977

199,621

169,462

131,99583,240

21,70411,78811,338

276174

3,7839,9299,768161

980571

8,50312,8039,1903,145468

4,396972680

4,785

5,328

30,159

12,76510,797

5741,394

13,46810,5791,6521,237

3,926

1978

214,935

181,622

142,10491,395

24,8858,9008,522

187191

3,98511,27111,093

178

1,031637

9,42812,8299,7182,820

291

4,5951,038

1635,023

6,442

33,313

14,42712,200

6221,605

13,64510,7001,7401,205

5,241

1. Consists largely of foreign service and Tennessee Valley Authority.2. Consists of mustering out pay, terminal leave pay, and adjusted compensation benefits.3. Consists largely of payments to nonprofit institutions and aid to students. In 1975, also

includes $1,669 million for special $50 payment to recipients of social security, railroad retire-ment, and supplemental security income benefits, as provided in the Tax Reduction Act of1975.

4. Consists largely of educational assistance, medical insurance premiums paid on behalf ofindigents, veterans bonuses, other types of veterans aid, foster care payments, and paymentsto nonprofit organizations for employment and training programs.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

July 1979