              Sentence “i or @xuinple; "NIPA excludes: <sipixal  iianslers, like eiate tas-receipits, whieh are. recorded as  revenue inthe -anified.-bitdget, and investment grants  aid (0 stare itl Toei govemniment’, which, the unibe  budget iecbeds’s outlays.                Seatenge 2:NIPA'doés 1idt, exclude’ capital tthslers: