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Economic and Budget Outlook

Economic and Budget Outlook PDF Author: United States. Congress. House. Committee on the Budget
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 70

Book Description


Economic and Budget Outlook

Economic and Budget Outlook PDF Author: United States. Congress. House. Committee on the Budget
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 70

Book Description


Economic and budget outlook: fiscal years 1995-1999

Economic and budget outlook: fiscal years 1995-1999 PDF Author: United States. Congressional Budget Office
Publisher:
ISBN:
Category : Budget
Languages : en
Pages : 0

Book Description
The federal budget will come close to balance this year and will move into surplus by 2002, according to the latest estimates of the Congressional Budget Office (CBO). Indeed, the budget is projected to be in virtual balance through 2007, with the deficit or surplus below 1 percent of gross domestic product (GDP) in any year. By contrast, at the beginning of this year, CBO projected that the deficit would be almost 2 percent of GDP by 2002, rising slightly above that by 2007. The dramatic improvement in the fiscal outlook stems both from a brighter economic outlook and newly enacted legislation that will reduce the growth of federal spending. On July 31, the Congress completed action on two major pieces of legislation-the Taxpayer Relief and Balanced Budget Acts of 1997-which the President signed on August 5. Those two laws will directly reduce the projected federal deficit by $95 billion in 2002 and by $118 billion over the 1998-2002 period. In addition, balancing the budget will help to lower projected interest rates and improve the outlook for future economic growth.

The Economic and Budget Outlook

The Economic and Budget Outlook PDF Author: United States. Congressional Budget Office
Publisher:
ISBN: 9780160430725
Category : Budget
Languages : en
Pages : 654

Book Description


Economic and Budget Outlook; Fiscal Years 1995 Through 1999

Economic and Budget Outlook; Fiscal Years 1995 Through 1999 PDF Author:
Publisher:
ISBN: 9781332258932
Category : Reference
Languages : en
Pages : 60

Book Description
Excerpt from Economic and Budget Outlook; Fiscal Years 1995 Through 1999: Hearing Before the Committee on the Budget, House of Representatives, One Hundred Third Congress, Second Session, February 2, 1994 The committee met, pursuant to call, at 10:11 a.m., Room 210, Cannon House Office Building, Hon. Martin Olav Sabo, Chairman, presiding. Members present: Representatives Sabo, Stenholm, Frank, Coyne, Gordon, Price, Johnston, Orton, Blackwell, Pomeroy, Browder, Woolsey Kasich, Kolbe, Shays, Snowe, Herger, Bunning, Smith of Texas, Cox, Allard, Hobson, Miller, Lazio, Franks, Smith of Michigan, Inglis, and Hoke. Chairman Sabo. Good morning. The committee will come to order. The House Budget Committee is in session for a hearing on the economic and budget outlook for fiscal years 1995 through 1999. Our witness today is Dr. Robert Reischauer, Director of the Congressional Budget Office, which released its annual economic and budget outlook last Thursday. You are always welcome here, Bob, but especially when you bring good news. And you are doing that today. In your own words, there has been a dramatic improvement in the deficit projections over the projections of just a year ago. And you give the major share of the credit to the Budget Reconciliation Act that Congress so narrowly passed last August. The graph on the right tells that good-news story. The Reconciliation Act, which embodied the Clinton economic plan, clearly is working. Building on the Reconciliation Act of 1990, we are restraining spending and we are strengthening our economic recovery. And I might add, that really that is what it was all about. And the projections, that show close to 2 million new jobs created in the last year is indeed good news, and those projections continue in the future. For the first time since the Truman Administration, we can look forward to four consecutive years of declining deficits. In the chart on the right, as I indicate, the difference between the red line and the blue line, projects that difference. When we passed the Budget Act in August, we made certain projections of deficits for 1994 through 1998. I note that your current estimate of those numbers is $178 billion less than what we were indicating as we passed that act. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Economic and Budget Outlook

Economic and Budget Outlook PDF Author: United States Congress House Committe
Publisher: Palala Press
ISBN: 9781341535802
Category :
Languages : en
Pages : 56

Book Description
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Economic and Budget Outlook

Economic and Budget Outlook PDF Author: United States. Congress. House. Committee on the Budget
Publisher:
ISBN:
Category : Budget
Languages : en
Pages : 49

Book Description


The Economic and Budget Outlook

The Economic and Budget Outlook PDF Author: Sherry Snyder
Publisher: DIANE Publishing
ISBN: 9780788174346
Category :
Languages : en
Pages : 192

Book Description
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.

Concurrent Resolution on the Budget for Fiscal Year 1995

Concurrent Resolution on the Budget for Fiscal Year 1995 PDF Author: United States. Congress. Senate. Committee on the Budget
Publisher:
ISBN:
Category : Budget
Languages : en
Pages : 507

Book Description


The Economic and Budget Outlook

The Economic and Budget Outlook PDF Author: Paul L. Houts
Publisher: DIANE Publishing
ISBN: 0788139991
Category :
Languages : en
Pages : 177

Book Description
Contents: the economic outlook (the state of the economy); the budget outlook (the deficit outlook; the revenue outlook; the spending outlook; Fed. funds and trust funds); uncertainty in budget projections (the budgetary impact of alternative economic assumptions; other factors that may affect budgetary outcomes); and economic and budgetary implications of balancing the budget. Appendixes: Medicare projections; historical budget data; how the economy affects the budget; the Fed. sector of the nat. income and product accounts; projections of nat. health expend. Glossary.

The Economic and Budget Outlook

The Economic and Budget Outlook PDF Author:
Publisher:
ISBN:
Category : Budget
Languages : en
Pages : 540

Book Description