[WilliamofCarmichael]

Some may find this interesting and germane to today's issues..

The major source of income to the Social Security Trust Funds is

• employment taxes,
• specifically taxes on
• wages as defined in the Federal Insurance Contributions Act (FICA) and
• taxes on self employment as defined in the Self Employment Contributions Act (SECA).

Employers are not required to distinguish Federal income taxes from Social Security taxes when they deposit taxes with Federal Reserve banks. Thus,

• Social Security taxes are first deposited in the trust funds on an estimated basis and
• are later adjusted to reflect actual employment data.

Treasury multiplies each day's actual tax receipts by each ratio [FICA and SECA], yielding the estimated [for both parts]. here

Social Security and Medicare taxes are listed separately on your paycheck,
however when your employer pays his payroll taxes, he makes one payment.

Want to know the federal government's receipt, appropriation, and other fund accounts (with symbols and titles) assigned by the Department of the Treasury?

Start at

• https://www.fiscal.treasury.gov/
• Select A-Z Index
• Select F
• FAST Book (Federal Accounts Symbols and Titles)
• make selection

Want to know the Department of the Treasury's Fiscal Year 2014 Details of Receipts?

Start at

• https://www.fiscal.treasury.gov/
• Select A-Z Index
• Select A
• Select Annual Report, United States Government Now known as "Combined Statement of Receipts, Outlays, and Balances of the United States Government"
• Select Current Report: 2014 Report
• Select Part Two Fiscal Year 2014 Details of Receipts, Table A - Receipts by Source Categories, PDF PDF file (207 KB) | EXCEL EXCEL file (663 KB)

There are hundreds of +-amounts to the penny. Here are the first few.

Individual Income Taxes 2014

Withheld Individual Income And FICA Taxes	101	1,149,747,986,699.95
Federal Tax Withheld From Payments To Nonresident Aliens (Suspense), Health And Human Services	75 F0109	-2,732,998.45
Individual Income Tax, Other	110	476,564,671,048.13
Refunding Internal Revenue Collections (Indefinite), Treasury	20 X0903	-231,732,625,385.07
Unidentified Cash Collections, Federal Tax Deposits, Internal Revenue Service, Ogden, Utah	20 F3820.029	-39,693,065.77
Presidential Election Campaign Fund	5081.001	29,705,724.00
Total, Individual Income Taxes		1,394,567,312,022.79

Corporation Income Taxes

Corporation Income And Excess Profits Taxes	111	353,552,914,638.45
Refunding Internal Revenue Collections (Indefinite), Treasury	20 X0903	-32,822,209,515.76
Transfer From The General Fund Of Amounts Equivalent To Corporate Environmental Tax, Hazardous Substance Superfund	8145.015	15,377.00
Total, Corporation Income Taxes		320,730,720,499.69

Total, Income Taxes

1,715,298,032,522.48

Social Insurance And Retirement Receipts

Employment And General Retirement

Federal Old-Age And Survivors Insurance:

Federal Old-Age And Survivors Insurance Trust Fund - Treasury Managed	28 X8006	-2,194,041,000.00
Transfers From General Fund Of Amounts Equal To FICA Taxes, Federal Old-Age And Survivors Insurance Trust Fund	8006.001	592,137,791,099.69
Transfers From General Fund Of Amounts Equal To SECA Taxes, Federal Old-Age And Survivors Insurance Trust Fund	8006.011	38,847,831,089.75
Total, Federal Old-Age And Survivors Insurance		628,791,581,189.44
Federal Disability Insurance:
Federal Disability Insurance Trust Fund - Treasury Managed, Social Security Administration	28 X8007	-372,573,000.00
Transfers From General Fund Of Amounts Equal To FICA Taxes, Federal Disability Insurance Trust Fund	8007.001	100,544,332,127.54
Transfers From General Fund Of Amounts Equal To SECA Taxes, Federal Disability Insurance Trust Fund	8007.011	6,601,167,132.11
Total, Federal Disability Insurance		106,772,926,259.65
Federal Hospital Insurance:
Transfers From General Fund Of Amounts Equal To FICA Taxes, Federal Hospital Insurance Trust Fund	8005.001	205,296,427,786.94
Receipts From Railroad Retirement Account, Federal Hospital Insurance Trust Fund	8005.010	580,700,000.00
Transfers From General Fund Of Amounts Equal To SECA Taxes, Federal Hospital Insurance Trust Fund	8005.011	18,230,296,745.50
Total, Federal Hospital Insurance		224,107,424,532.44
Railroad Retirement:
Social Security Equivalent Benefit Account, Railroad Retirement Board	60X8010	-7,540,905.29
Taxes, Social Security Equivalent Benefit Account,Railroad Retirement Board	8010.002	2,913,676,382.81
Receipts Transferred To Federal Hospital Insurance Trust Fund, Social Security Equivalent Benefit Account, Railroad Retirement Board	8010.021	-580,700,000.00
Railroad Retirement Account	60 X8011	-8,146,977.45
Railroad Retirement Taxes, Railroad Retirement Account	8011.002	3,039,848,409.34
Total, Railroad Retirement		5,357,136,909.41
Total, Employment And General Retirement		965,029,068,890.94
Unemployment Insurance
Unemployment Trust Fund - Treasury Managed	16 X8042	-140,584,893.89
Transfers From General Fund Of Amounts Equal To FUTA Taxes, Unemployment Trust Fund	8042.001	8,611,875,609.04
State Accounts, Deposits By States, Unemployment Trust Fund	8042.003	46,889,038,353.79
Deposits By Railroad Retirement Board, Unemployment Trust Fund	8042.005	35,449,369.34
Total Unemployment Insurance		55,395,778,438.28
Other Retirement
Federal Employees' Retirement--Employee Share:
Deductions From Employees' Salaries, Judicial Survivors Annuities Fund, The Judiciary	8110.001	8,820,593.10
Deductions From Employees' Salaries, Tax Court Judges Survivors Annuity Fund	8115.001	339,161.69
Judicial Officers' Annuities Deducted From Employees' Salaries, The Judiciary	8122.001	1,934,503.64
Deductions From Employees' Salaries, Civil Service Retirement And Disability Fund	8135.001	2,756,734,196.21
Voluntary Contributions, Donations, Service Credit Payments, Etc., Civil Service Retirement And Disability Fund	8135.003	643,036,985.79
Deductions From Employees' Salaries, Foreign Service Retirement And Disability Fund, State	8186.001	25,838,520.40
Voluntary Contributions, Donations, Service Credit Payments, Etc., Foreign Service Retirement And Disability Fund, Suspense	8186.003	1,533,681.95
Deductions From Employees' Salaries	8212.001	1,107,124.43
Employee Contributions, United States Court Of Appeals For Veterans Claims	8290.001	57,827.43
Deductions, Armed Forces Retirement Home	8522.001	7,087,752.99
Total, Federal Employees' Retirement--Employee Share		3,446,490,347.63
Non-Federal Employees Retirement:
Contributions From Employing Non-Federal Agencies, Civil Service Retirement And Disability Fund	8135.021	25,625,836.27
Total, Non-Federal Employees Retirement		25,625,836.27
Total, Other Retirement		3,472,116,183.90
Total, Social Insurance And Retirement Receipts		1,023,896,963,513.12

Elsewhere in Table A Interest Received By Trust Funds Interesting that

Earnings On Investments, Federal Old-Age And Survivors Insurance Trust Fund (8006.002) $96 269,708,090.70

[WilliamofCarmichael]

Total income tax for 2014 minus the amounts handed off to totals for Social Insurance and Retirement leaves

$691,401,069,009.36 left to fund Obama family perquisites, parties, and vacations for the year in 2014. Defense and other discretionary items are funded by borrowing. I think that's how it works. :)