Table 18.1 reports the composition of the federal budget as a percentage of GDP in 2015. Create
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TABLE 18.1 The U.S. Federal Government Budget, 2015 Dollars per Percentage of GDP person Total expenditures Health (including Medicare) Social Security 20.6 11,470 5.7 3,200 2,760 4.9 National defense 3.3 1,830 Income security 1,580 2.8 Net interest 1.2 690 Other 2.5 1,400 Total revenues 18.1 10,110 Individual income taxes 8.6 4,790 Social insurance and retirement receipts 5.9 3,310 Corporate income taxes 1,070 1.9 Other 1.7 930 Budget deficit -2.4 -1,360
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