Download or read book Revised Baseline Budget Projections for Fiscal Years 1999 2008 written by and published by . This book was released on 1998 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the course of preparing its annual analysis of the President's budget, the Congressional Budget Office (CBO) typically updates its baseline projections to take account of new information from the President's budget and other sources. The revised March projections usually become the baseline for the budget resolution. CBO's new March projections are not materially different from those issued in its January 1998 report, The Economic and Budget Outlook: Fiscal Years 1999-2008. The only major change since January is an increase in revenues from 1998 through 2000 to reflect more rapid inflows into the Treasury than either CBO or the Administration had anticipated. That change, however, is enough to shift CBO's projections from small annual deficits to small annual surpluses during those years. CBO expects that the budget surplus for this year will be nearly $8 billion. Assuming that current policies do not change and that the economy stays on the anticipated course, surpluses are projected to rise eventually to $138 billion in 2008. Both federal spending and revenues are expected to total around $1.7 trillion this year - or approximately 20 percent of gross domestic product (GDP). Under CBO's baseline assumptions, projected outlays as a percentage of GDP fall gradually to 18.3 percent by 2008. Revenues decline to 19.3 percent of GDP by 2003 and remain at that level through 2008.
Download or read book Baseline Budget Projections for Fiscal Years written by and published by . This book was released on 1983 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Economic and Budget Outlook An Update written by Congressional budget office (u s congress) washington dc and published by . This book was released on 1999 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is one in a series of reports on the state of the economy and the budget that the Congressional Budget Office (CBO) issues each year. It satisfies the requirement of section 202(e) of the Congressional Budget Act of 1974 for CBO to submit periodic reports to the Committees on the Budget with respect to fiscal policy and to provide five-year baseline projections of the federal budget. The budget resolution for fiscal year 2000 required CBO to publish this report by July 1, 1999. In accordance with CBO's mandate to provide objective and impartial analysis, the report contains no recommendations.
Download or read book The Economic and Budget Outlook written by Sherry Snyder and published by DIANE Publishing. This book was released on 1998-12 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contents: the economic outlook (the state of the economy; past mistakes and future risks); the budget outlook (outlook for the deficit or surplus; debt and deficit); the revenue outlook (risks to the revenue estimates); the spending outlook (discretionary spending). Appendices include: the economy's effect on the budget, budget resolution targets and actual outcomes, 1980-1997; the Federal sector of the national income and product accounts, historical budget data, Medicare projections, Medicaid and the state children's health insurance program, and projections of national health expenditures. Charts and tables.
Download or read book The long term budget outlook written by and published by Government Printing Office. This book was released on with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Long term Budget Outlook written by and published by . This book was released on 2009 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book An Analysis of the President s Budgetary Proposals for Fiscal Year written by United States. Congressional Budget Office and published by . This book was released on with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Revised Baseline Budget Projections for FY99 FY2008 written by and published by . This book was released on 1998 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Updated Budget Projections written by Jared Brewster and published by . This book was released on 2014 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: As it usually does each spring, the Congressional Budget Office (CBO) has updated the baseline budget projections that it released earlier in the year.1 CBO now estimates that if the current laws that govern federal taxes and spending do not change, the budget deficit in fiscal year 2014 will be $492 billion. Relative to the size of the economy, that deficit—at 2.8 percent of gross domestic product (GDP)—will be nearly a third less than the $680 billion shortfall in fiscal year 2013, which was equal to 4.1 percent of GDP. This will be the fifth consecutive year in which the deficit has declined as a share of GDP since peaking at 9.8 percent in 2009 (see Figure 1). But if current laws do not change, the period of shrinking deficits will soon come to an end. Between 2015 and 2024, annual budget shortfalls are projected to rise substantially—from a low of $469 billion in 2015 to about $1 trillion from 2022 through 2024—mainly because of the aging population, rising health care costs, an expansion of federal subsidies for health insurance, and growing interest payments on federal debt. CBO expects that cumulative deficits during that decade will equal $7.6 trillion if current laws remain unchanged (see Table 1). As a share of GDP, deficits are projected to rise from 2.6 percent in 2015 to about 4 percent near the end of the 10-year period. By comparison, the deficit averaged 3.1 percent of GDP over the past 40 years and 2.3 percent in the 40 years before fiscal year 2008, when the most recent recession began. From 2015 through 2024, both revenues and outlays are projected to be greater than their 40-year averages as a percentage of GDP (see Figure 2 on page 4).
Download or read book Concurrent Resolution on the Budget for Fiscal Year 1999 written by United States. Congress. Senate. Committee on the Budget and published by . This book was released on 1998 with total page 406 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book CBO s Analysis of the President s Fiscal Year 2000 Budget written by United States. Congress. House. Committee on the Budget and published by . This book was released on 1999 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Long term Budgetary Pressures and Policy Options written by United States. Congressional Budget Office and published by U.S. Government Printing Office. This book was released on 1998 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book CBO Budget Outlook and Analysis of President Clinton s Budget Proposal written by United States. Congress. House. Committee on the Budget and published by . This book was released on 1998 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Economic and Budget Outlook written by Sherry Snyder and published by U.S. Government Printing Office. This book was released on 1998 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Accidental System written by Michael D Reagan and published by Routledge. This book was released on 2018-03-09 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the demise of the Clinton health care reform plan, the debate on health care changed but did not subside. From opinion pieces in newspapers to dinner-table conversations, the debate over whether the right to quality health care is a public right, akin to educating our children, or whether it is a private one, akin to life insurance, continues. In The Accidental System Michael Reagan shows that in the American political context, health care is neither exclusively a public right nor a private privilege. This insightful policy study provides students with an excellent demonstration of how public policy intersects with private markets.
Download or read book The Economic and Budget Outlook written by and published by . This book was released on 1999 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Economic and Budget Outlook written by and published by . This book was released on 1998 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt:
