TABLE 6.4 Federal Expenditures, Revenues, and Average Fiscal Balance by Households: California (1996 dollars per California household)

 

All

Native

Foreign- Born

Europe/ Canada

Asia

Latin America

Other

Expendituresa

Social Security

$3,064

$3,517

$1,728

$4,852

$1,308

$1,221

$1,834

Medicare

1,707

1,883

1,186

2,341

1,448

747

1,725

Transfers to households

3,461

2,977

4,727

3,059

4,672

5,265

3,593

Defense

2,809

2,809

2,809

2,809

2,809

2,809

2,809

All other

2,508

2,439

2,876

2,344

3,117

2,894

2,833

Total

13,549

13,625

13,326

15,405

13,354

12,936

12,794

Revenuesb

Income tax

6,733

7,621

4,123

6,153

6,198

2,357

7,207

Social Security

5,100

5,352

4,358

4,374

5,551

3,686

5,434

All other

3,063

3,374

2,163

2,392

2,468

1,855

2,398

Total

14,896

16,347

10,644

12,919

14,217

7,898

15,039

Average fiscal balancec

Federal

1,347

2,722

-2,682

-2,486

863

-5,038

2,245

Note: Other = Africa or Oceania.

a Federal expenditures include Social Security and Medicare, direct federal transfers to households, the federal share of AFDC, Medicaid, and SSI transfers, defense, and other expenditures (e.g., transfers to state and local governments). Excluded are federal interest payments on past federal deficits; see text.

b Federal revenues include all revenue collected from the household sector: personal income taxation, revenues from Social Security taxes (including employer share), unemployment insurance tax, corporate taxation allocated to the household sector, and various excise taxes.

c Average fiscal balance equals total revenues minus total expenditures. If the average fiscal balance > 0, then the average household in this category makes a net contribution to the federal treasury. If the average fiscal balance < 0, then the average household in this category receives a net contribution from the federal treasury.

Source: Calculations based on Clune (1996: Tables 2, 5a, and 6a). Clune's expenditure and revenue estimates for FY 1995 are adjusted upward to reflect December 1996 prices as measured by the CPIU index. All federal expenditures and revenues are based on Clune's estimates for households living in California.



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