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TeachMeFinance.com - explain Federal General Revenues Federal General Revenues The term 'Federal General Revenues ' as it applies to the area of Medicare in the United States can be defined as ' Federal tax revenues (principally individual and business income taxes) not earmarked for a particular use'. Previous 5 Terms: Federal electric utility Federal Emergency Management Agency (FEMA) Federal Energy Regulatory Commission (FERC) Federal Farm Credit Banks Funding Corporation (FFCBFC) Federal Food, Drug, and Cosmetic Act (FFDCA) of 1938 Next 5 Terms: Federal grain inspection program Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA) Federal Insurance Contribution Act Payroll Tax Federal Insurance Contributions Act Federal Land Bank Associations (FLBAs) About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.