| Description: | In March, CBO released its report analyzing the President’s policies. CBO’s estimates of the President’s budget, a recasting of the policies using CBO assumptions and budget estimating methods, raise the expected deficit for FY2004 to $338 billion from the OMB estimated $307 billion. The report also included an update to CBO’s January baseline that pushed the deficit for FY2004 to $200 billion from $145 billion. The revisions delay the return-to-a-surplus from FY2007 to FY2008 and reduce the cumulative FY2004-FY2013 surplus from $1,336 billion (January) to $891 billion (March). |
|---|---|
| Creator(s): | |
| Creation Date: | July 17, 2003 |
| Partner(s): |
UNT Libraries Government Documents Department
|
| Collection(s): |
Congressional Research Service Reports
|
| Usage: |
Total Uses: 2
Past 30 days: 0
Yesterday: 0
|
| Creator (Author): |
|
|
|---|---|---|
| Creator (Author): | ||
| Publisher Info: |
Publisher Name: Congressional Research Service, Library of Congress
Place of Publication: Washington D.C., USA
|
|
| Original Creation Date: | July 17, 2003 | |
| Description: | In March, CBO released its report analyzing the President’s policies. CBO’s estimates of the President’s budget, a recasting of the policies using CBO assumptions and budget estimating methods, raise the expected deficit for FY2004 to $338 billion from the OMB estimated $307 billion. The report also included an update to CBO’s January baseline that pushed the deficit for FY2004 to $200 billion from $145 billion. The revisions delay the return-to-a-surplus from FY2007 to FY2008 and reduce the cumulative FY2004-FY2013 surplus from $1,336 billion (January) to $891 billion (March). |
|
| Physical Description: |
20 pages. |
|
| Language(s): | ||
| Subject(s): |
|
|
| Partner: |
UNT Libraries Government Documents Department
|
|
| Collection: |
Congressional Research Service Reports
|
|
| Identifier: |
|
|
| Resource Type: | Text | |
| Format: | Text | |
