The document summarizes a Congressional Budget Office report on the distribution of federal spending and taxes in 2006. It finds that in 2006:
- Federal spending totaled $2.7 trillion while revenues were $2.4 trillion. Spending primarily went to cash/near-cash transfers, health care transfers, and other goods/services.
- Elderly households received more in transfers than they paid in taxes, while non-elderly households paid more in taxes than they received in transfers and other spending.
- Among non-elderly households, lower income groups received more in transfers than they paid in taxes, while higher income groups paid more in taxes than they received in transfers and other federal spending
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The Distribution of Federal Spending and Taxes in 2006
1. Congressional Budget Office
December 3, 2013
The Distribution of
Federal Spending and Taxes in 2006
Molly Dahl, Microeconomic Studies Division
Kevin Perese, Tax Analysis Division
2. Overview
Extends prior CBO distributional analyses by including spending
Snapshot of a single year: calendar year 2006
Not a lifetime analysis
Household types
Elderly
Nonelderly with children
Nonelderly without children
Income groups among the nonelderly
Market income quintiles
CONGRESSIONAL BUDGET OFFICE
3. Federal Spending and Revenues, 2006
Federal
Spending
Federal
Revenues
$2.7
Trillion
$2.4
Trillion
CONGRESSIONAL BUDGET OFFICE
4. Allocated Federal Spending and Revenues, 2006
Analyzed the distribution of most federal spending (88 percent),
and virtually all federal taxes (98 percent) in calendar year 2006
Federal
Spending
Federal
Revenues
$2.3
Trillion
$2.4
Trillion
CONGRESSIONAL BUDGET OFFICE
5. Categories of Federal Spending, 2006
Cash and
Near-Cash
Transfers
Social Security
Cash Transfers
Social Security
Refundable Tax Credits
SSI
UI
TANF
Means-Tested Veterans’ Benefits
Black Lung Disability
$785
Billion
Near-cash Transfers
SNAP
Housing Assistance
Pell Grants
Child Nutrition Programs
WIC
LIHEAP
CONGRESSIONAL BUDGET OFFICE
6. Categories of Federal Spending, 2006
Cash and
Near-Cash
Transfers
Health Care
Transfers
$785
Billion
Social Security
Medicare
$481
Billion
Medicare
Medicaid and CHIP
Means-Tested Veterans’ Health Benefits
CONGRESSIONAL BUDGET OFFICE
7. Categories of Federal Spending, 2006
Cash and
Near-Cash
Transfers
Health Care
Transfers
Other
Goods and
Services
$785
Billion
Social Security
Medicare
$481
Billion
$1,080
Billion
National Defense
National Defense
Other HHS
Education
OPM
Transportation
Other Veterans Affairs
Agriculture
Justice
Energy
Other
CONGRESSIONAL BUDGET OFFICE
8. Categories of Federal Spending, 2006
Cash and
Near-Cash
Transfers
Health Care
Transfers
Other
Goods and
Services
Unallocated
Spending
$785
Billion
Social Security
$481
Billion
Medicare
$1,080
Billion
National Defense
Interest
On Debt
$312
Billion
Total Spending:
$2.7 Trillion
Interest on
Debt
CONGRESSIONAL BUDGET OFFICE
9. Spending on Cash and Near-Cash Transfers,
by Type of Household, 2006
(Billions of dollars)
500
400
Other
300
Social Security
200
100
0
Elderly
Nonelderly
With Children
CONGRESSIONAL BUDGET OFFICE
Nonelderly
Without Children
10. Spending on Health Care Transfers,
by Type of Household, 2006
(Billions of dollars)
500
400
300
200
Medicaid
and Other
Medicare
100
0
Elderly
Nonelderly
With Children
CONGRESSIONAL BUDGET OFFICE
Nonelderly
Without Children
11. Federal Taxes, by Type of Household, 2006
(Billions of dollars)
1,200
800
400
0
Elderly
Nonelderly
With Children
CONGRESSIONAL BUDGET OFFICE
Nonelderly
Without Children
12. Average Transfers, Taxes, and Transfers Minus Taxes,
by Type of Household, 2006
(Dollars per household)
30,000
20,000
Taxes
10,000
0
Transfers
Transfers
minus
Taxes
-10,000
-20,000
Elderly
Nonelderly with
Children
CONGRESSIONAL BUDGET OFFICE
Nonelderly without
Children
13. Federal Spending, 2006
Cash and
Near-Cash
Transfers
$785
Billion
Health Care
Transfers
$481
Billion
Other
Goods and
Services
Unallocated
Spending
$1,080
Billion
$312
Billion
CONGRESSIONAL BUDGET OFFICE
Total Spending:
$2.7 Trillion
14. Federal Spending on Other Goods and Services,
by Type of Household, 2006
(Billions of dollars)
600
400
200
0
Allocated Allocated
by
by
Share
Share
of
of
Population Market
Income
Elderly
Nonelderly with
Children
CONGRESSIONAL BUDGET OFFICE
Nonelderly
without Children
15. Average Spending Minus Taxes,
by Type of Household, 2006
(Dollars per household)
30,000
20,000
Transfers plus Other G&S
(by Share of Population)
minus Taxes
Transfers plus Other G&S
(by Share of Market Income)
minus Taxes
10,000
0
Transfers
minus Taxes
-10,000
-20,000
Elderly
Nonelderly with
Children
CONGRESSIONAL BUDGET OFFICE
Nonelderly
without Children
16. Spending and Revenues Allocated to
Nonelderly Households
Federal
Spending
Federal
Revenues
$1.5
Trillion
$2.7
Trillion
$2
Trillion
CONGRESSIONAL BUDGET OFFICE
$2.4
Trillion
17. Spending on Nonelderly Households
$1.5 Trillion
Cash and
Near-Cash
Health
Care
Other Goods and Services
$375
Billion
$175
Billion
$920
Billion
CONGRESSIONAL BUDGET OFFICE
18. Spending on Cash and Near-Cash Transfers
for Nonelderly Households
Cash and
Near-Cash
Transfers
By Income
Group
$375 Billion
Lowest
Quintile
CONGRESSIONAL BUDGET OFFICE
19. Spending on Cash and Near-Cash Transfers
for Nonelderly Households, by Income Group and Transfer
(Billions of dollars)
200
NearCash
Transfers
100
Other
Cash
Transfers
Social
Security
0
Lowest
Quintile
Middle
Quintile
CONGRESSIONAL BUDGET OFFICE
Highest
Quintile
20. Spending on Health Care Transfers
for Nonelderly Households
Health
Care
Transfers
By Income
Group
$175
Billion
Lowest
Quintile
CONGRESSIONAL BUDGET OFFICE
21. Spending on Health Care Transfers
for Nonelderly Households, by Income Group and Transfer
(Billions of dollars)
100
Medicaid
and
Other
Medicare
0
Lowest
Quintile
Middle
Quintile
CONGRESSIONAL BUDGET OFFICE
Highest
Quintile
22. Spending on Transfers
for Nonelderly Households, by Income Group
(Billions of dollars)
300
200
100
0
Lowest
Quintile
Middle
Quintile
CONGRESSIONAL BUDGET OFFICE
Highest
Quintile
24. Average Market Income Plus Transfers Minus Taxes
for Nonelderly Households
(Dollars per household)
300,000
DOWN 27%
250,000
200,000
150,000
100,000
DOWN 14%
50,000
0
UP 101%
Lowest
Quintile
Middle
Quintile
CONGRESSIONAL BUDGET OFFICE
Highest
Quintile
25. Federal Spending on Other Goods and Services
for Nonelderly Households
Other
Goods and
Services
Allocated
by Share of
Population
$920 Billion
Lowest
Quintile
Allocated
by Share of
Market
Income
CONGRESSIONAL BUDGET OFFICE
26. Average Spending Minus Taxes for Nonelderly Households
(Dollars per household)
25,000
0
Transfers plus Other G&S
(by Share of Market Income)
minus Taxes
-25,000
Transfers plus Other G&S
(by Share of Population)
minus Taxes
-50,000
Transfers
minus Taxes
-75,000
Lowest
Quintile
Middle
Quintile
CONGRESSIONAL BUDGET OFFICE
Highest
Quintile
27. Recap
Extends prior CBO distributional analyses by including spending
More spending on elderly households than taxes paid by those
households in 2006; the opposite was true for nonelderly
households
Among the nonelderly, more spending on lower income
households than taxes paid by those households in 2006;
the opposite was true for higher income households
CONGRESSIONAL BUDGET OFFICE