Receipts such as taxes, customs duties, trust receipts, etc., and miscellaneous budget receipts, which are collected by Government agencies, and expenditures represented by checks issued and cash payments made by disbursing officers are reported in the Monthly Statement of Receipts and Expenditures of the United States Government and in the annual Combined Statement of Receipts, Expenditures, and Balances. These monthly and annual reports include deposits and collections in, and payments from, cash accounts of Government agencies held outside the Treasury as well as those of the general account of the Treasurer of the United States.

Public and private debt.-These data appear annually in the May or July issue of the monthly Survey of Current Business of the Department of Commerce. Net public and private debt outstanding is a comprehensive aggregate of indebtedness of borrowers after elimination of certain duplicating governmental and corporate debt. This measure of indebtedness provides a more significant indication of trends in debt structure than does gross debt, since effects of nominal changes in financial practices and organization are largely removed. To obtain net figures, gross or total debt is adjusted for specific types of duplications pertaining to the following: (1) Federal Government and its corporations and agencies generally; (2) State and local governments; and (3) within the private area, those affiliated corporations which operate under a single management. In the noncorporate private area, data are gross throughout with no adjustments for duplications.

Employment and payrolls.-The Civil Service Commission collects employment and payroll data from all departments and agencies of the Federal Government but not from the District of Columbia Government. Employment figures represent the number of persons who occupied civilian positions on the last day of the calendar month shown and who are paid for personal services rendered for the Federal Government, regardless of the nature of appointment or method of payment. Intermittent workers are counted if they performed any service during the report month. Employment totals exclude persons serving without compensation, persons on leave without pay for scheduled periods longer than 30 days, persons in leave status after reduction-inforce, and persons hired informally "on the spot" without formal appointment procedures to cope with fire, flood, or other extreme emergencies.

Federal payrolls include all payments for personal services rendered during the calendar month and payments for accumulated annual leave of employees who separate from the service. Since most Federal employees are paid on a biweekly basis, the calendar month earnings are partially estimated on the basis of the number of work days in each month where payroll periods overlap consecutive months. Monthly payroll totals fluctuate in amount because the number of work days in each month varies from 20 to 23 days. Holidays may be disregarded since Federal employees are paid for the eight national holidays on which they do not work.

Historical statistics.-Tabular headnotes provide cross-references, where applicable, to Historical Statistics of the United States, Colonial Times to 1957. See preface.

FIG. XXIII. THE GOVERNMENT OF THE UNITED STATES
[As of June 1, 1967. Only the more important agencies are shown. See table 571]

Source: General Services Administration, Nations Archives and Records Service.

FIG. XXIV. FEDERAL ADMINISTRATIVE BUDGET TOTALS: 1955 TO 1968 [For years ending June 30. See table 538]

Source: Chart prepared by Dept. of Commerce, Bureau of the Census. Data from Executive Office of the President, Bureau of the Budget.

FIG. XXV. THE FEDERAL GOVERNMENT DOLLAR: 1968

[For year ending June 30. Based on estimated Federal administrative budget and trust fund receipts and expenditures. See table 546]

Source: Chart prepared by Dept. of Commerce, Bureau of the Census. Data from Executive Office of the President, Bureau of the Budget.

No. 538. FEDERAL ADMINISTRATIVE BUDGET TOTALS AND THE PUBLIC DEBT: 1940 TO 1968

[In millions of dollars, except per capita. For years ending June 30. Certain interfund transactions excluded from receipts and expenditures. See also Historical Statistics, Colonial Times to 1957, series Y 254-257]

1 Includes Government enterprise debt guaranteed by the U.S. Treasury. Change in public debt from year to year reflects not only the budget surplus or deficit but also changes in the Government's cash on hand, and the use of corporate debt and investment transactions by certain Government enterprises.

2 Based on Bureau of the Census estimated population as of July 1.

Source: Executive Office of the President, Bureau of the Budget; The Budget of the United States Government, and unpublished data.

No. 539. FEDERAL TRUST FUND RECEIPTS AND EXPENDITURES, BY MAJOR FUND: 1961 TO 1968

[In millions of dollars. For years ending June 30. Receipts based on collections received and deposited, including U.S. Government securities received in lieu of cash and contributions to the trust funds from the general fund; excludes conversion of U.S. Government securities on hand into cash. Expenditures stated on a checksissued basis, less refunds collected; excludes net investments in U.S. Government securities]

X Not applicable. 1 Beginning 1966, includes supplemental account.

2 Beginning 1966, includes beauty and safety trust funds.

3 Included in both receipts and expenditures. • Deduct.

Source: Executive Office of the President, Bureau of the Budget; The Budget of the United States Government.

Estimated by Council of Economar. A divisers from receives send expendimas in the messama) oma Cash receipts consist of persILL TAI ADÓ DOLIAI TECH DOS, indirect duches 19 sed morzet nyrjete a rate tax accruals acrusted in & erlernion bassS The fer th and less contributions for sock surate. Federal grants--sid air included only in Pode aja karet Source: Executive Office of the President. Comell of Economic Advisers Foonomie Braven a the Popula January 1967. Data from Treasury Dept., Bureau of the Budget, and Office of Business Roomom f

No. 541. FEDERAL RECEIPTS AND EXPENDITURES IN THE NATIONAL INCOME ACCOUNTS: 1950 TO 1968

(In billions of dollars. For years ending June 30. Prior to 1960, excludes Alaska and Hawaii. actions of trust accounts; excludes capital transactions of a financial nature and certain lending raw-Actiona Business taxes included on an accrual basis; purchases timed with delivery of goods and sery tops Country Credit Corporation guaranteed price-support crop loans financed by banks counted as expenditures when loans are made]