Government Receipts and Expenditures: Third Quarter of 2012

摘要

NET GOVERNMENT saying, the difference between current receipts and current expenditures of the federal government and state and local governments, was -$1,212.6 billion in the third quarter of 2012, increasing $26.4 billion from -$1,239.0 billion in the second quarter of 2012. Net federal government saving was -$1,073.5 billion in the third quarter, increasing $41.9 billion from -$1,115.4 billion in the second quarter (see page 12). Current receipts turned up, and current expenditures turned down in the third quarter. Net state and local government saving was -$139.1 billion in the third quarter, decreasing $15.4 billion from -$123.7 billion in the second quarter (see page 13). Current receipts decelerated, and current expenditures accelerated in the third quarter.