"c           VAR 0040      15005 FED PEN 3R 945-962               MD= 1E-37   "
"c           REF 0040         LOC  321 WIDTH  9             DK   5 COL 71-79  "
"c                                                 EXP DEC=  1                "
"c                                                                            "
"c              FEDERAL BUDGET EXPENDITURES, TOTAL                            "
"c              ----------------------------------                            "
"c                                                                            "
"c              NBER SERIES:  15005                                           "
"c              AREA COVERED:  U.S.                                           "
"c              UNITS:  MILLIONS OF DOLLARS                                   "
"c              ANNUAL COVERAGE:  NONE                                        "
"c              QUARTERLY COVERAGE:  NONE                                     "
"c              MONTHLY COVERAGE:  07/1945-12/1962                            "
"c              SEASONAL ADJUSTMENT:  NONE                                    "
"c              SOURCE:  U.S. TREASURY DEPARTMENT, DATA FOR 1945-1953: DAILY  "
"c              TREASURY STATEMENT; DATA FOR 1954-1962: MONTHLY STATEMENT OF  "
"c              RECEIPTS AND EXPENDITURES OF THE UNITED STATES GOVERNMENT     "
"c                                                                            "
"c              NOTES:  SERIES 15005 IS PRESENTED HERE AS SIX                 "
"c              VARIABLES--(1)--ORIGINAL DATA, 1879-1915  (2)--ORIGINAL DATA, "
"c              1914-1933  (3)--ORIGINAL, 1932-1938 (4)--ORIGINAL, 1937-1940  "
"c              (5)--ORIGINAL, 1939-1947  (6)--ORIGINAL, 1945-1962.           "
"c                   IN FEBRUARY 1954, THE DAILY TREASURY STATEMENT           "
"c              DISCONTINUED REPORTING EXPENDITURES.  THE NEW MONTHLY REPORT  "
"c              ISSUED BY THE TREASURY DEPARTMENT WAS BASED ON REPORTS FROM   "
"c              COLLECTING AND DISBURSING AGENCIES AND IS CONSIDERED MORE     "
"c              ACCURATE BY THE TREASURY BECAUSE IT ALLOWS"THE NECESSARY      "
"c              TIME FOR UNIFORM REPORTING OF BUDGET RESULTS" (DAILY          "
"c              STATEMENT, FEBRUARY 17, 1954).                                "
"c                   BEGINNING IN JULY 1960,"NET" BUDGET RECEIPTS (AND        "
"c             "NET" BUDGET EXPENDITURES) EXCLUDE CERTAIN INTERFUND           "
"c              TRANSACTIONS WHICH ARE INCLUDED IN BOTH BUDGET RECEIPTS AND   "
"c              BUDGET EXPENDITURES.  THE TRANSACTIONS DEDUCTED ARE MAINLY    "
"c              INTEREST PAYMENTS TO THE TREASURY BY GOVERNMENT CORPORATIONS  "
"c              AND AGENCIES.  THIS DOES NOT AFFECT BUDGET SURPLUS OR         "
"c              DEFICIT.  THE WORKSHEETS FOR THIS VARIABLE SHOW THE OLD       "
"c             "NET" FIGURES, AFTER JUNE 1960 CALLED "SUBTOTAL RECEIPTS."     "
"c              IT IS BELIEVED THAT THE DATA CAN BE TREATED AS A CONTINUOUS   "
"c              SERIES SINCE DEDUCTIONS ARE VERY SMALL.                       "
"c                   FROM JANUARY 1962 ON, REFUNDS INCLUDE AMOUNTS            "
"c              APPLICABLE TO TRUST ACCOUNTS FORMERLY INCLUDED IN"TRANSFERS   "
"c              TO TRUST ACCOUNTS", ONE OF THE ITEMS DEDUCTED FROM RECEIPTS   "
"c              TO DERIVE"NET" RECEIPTS.  REFUNDS APPLICABLE TO TRUST         "
"c              ACCOUNTS HAVE HERE BEEN ELIMINATED AND THE AMOUNTS OF         "
"c              REFUNDS ADDED BACK INTO NET BUDGET RECEIPTS ARE COMPARABLE    "
"c              THROUGHOUT.                                                   "
"c                                                                            "
"c              CHECKED MANUALLY; NO CORRECTIONS NECESSARY.                   "
"c                                                                            "
"c           ...............................................................  "