Exclusion of military benefits and allowances 500 Budget outlays plus tax expenditures (in billions of dollars) Tax expenditures Total budget outlays plus tax expenditures Tax expenditures as percent of budget outlays *Less than $50 million. 1968 1969 1970 SOURCE: DATA FROM THE BUDGET OF THE U.S. GOVERNMENT, 1970 AND THE DEPARTMENT OF THE TREASURY ESTIMATES. |