B MONEY OUTS DE TREASURY AND FEDERAL RESERVE BANKS BY DENOM Source Federal Reserve Bulletin, circulation statement of U.S. money (since January 1966, statement of US currency PERSONAL INCOME, NATIONAL INCOME, AND GROSS NATIONAL PRODUCT, 1929-67 1 Personal income: Sum of all income flowing to individuals (including unincorporated business), both from production and from payments such as Government pensions and social security benefits. 2 National income: Net income of individuals and corporations from production after depreciation allowances but before income taxes. 3 Gross national product: Market value of all production of goods and services in the country. * Seasonally adjusted annual rate. 5 Preliminary estimates, Council of Economic Advisers. Not available. COMPARISON OF NET BUDGET ESTIMATES OF REVENUE WITH ACTUAL REVENUE, FISCAL YEARS 1935-67 imate, are based on the revenue laws existing at the time of making the estimates or on legislation as proposed in the burger document. In many years there were significant changes in legislation after the estimates were made and these, of course were reflected in actual receipts] budget receipts general and special accounts, on the basis of the daily Treasury statement or the monthly Governgures are after deduction of transfers to Federal old-age and survivors insurance trust fund, Federal surance trust fund, highway trust fund, railroad retirement account, and refunds of receipts, but before deducterest and other income received by Treasury from Government agencies included in receipts and also in ex ces the effect of proposed legislation. Wine Estimates are not adjusted to take account of the changes in legislation which affect receipts subsequent to the me of making the estimates Souma Fatmates are as published in the respective President's budget messages. Actual receipts are as shown in The ta v Treasury statement of June 33 for the fiscal years 1935 through 1953 and in the monthly Government statement #4 and subsequent years ·994 0—68—pt 1- -8 |