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 Collection: Congressional Research Service Reports
The Budget for Fiscal Year 2003

The Budget for Fiscal Year 2003

Date: April 10, 2003
Creator: Winters, Philip D
Description: None
Contributing Partner: UNT Libraries Government Documents Department
The Budget for Fiscal Year 2003

The Budget for Fiscal Year 2003

Date: February 6, 2003
Creator: Winters, Philip D
Description: This report discusses the budget for fiscal year 2003. It debates issues such as budget action, receipts surpluses or deficits, and the economy.
Contributing Partner: UNT Libraries Government Documents Department
Basic Federal Budgeting Terminology

Basic Federal Budgeting Terminology

Date: April 27, 1998
Creator: Heniff, Bill, Jr
Description: In its most elemental form, the federal budget is a comprehensive accounting of the government’s spending, revenues, and borrowing. This fact sheet provides a brief overview of the basic terminology and concepts used in the federal budget process.
Contributing Partner: UNT Libraries Government Documents Department
Baseline Budget Projections: A Discussion of Issues

Baseline Budget Projections: A Discussion of Issues

Date: March 1, 2005
Creator: Labonte, Marc
Description: Between January 2001 and January 2005, the Congressional Budget Office (CBO) reduced its 10-year baseline projection for the period 2002-2011 from a peak surplus of $5.6 trillion to a deficit of $2.6 trillion for three reasons. First, about one third of the reduction is due to technical revisions CBO made to its projections (e.g., to account for the smaller than predicted growth in tax revenues). Second, the recession both reduced revenues and raised outlays automatically. This factor accounts for less than one-tenth of the 10-year decline, and is only significant in 2002 and 2003. Finally, about 60% of the reduction was due to policy changes, the largest of which was tax cuts, and the second largest of which was increased military outlays. Even without a recession or technical revisions, policy changes alone would have pushed the budget into deficit from 2003 to 2005.
Contributing Partner: UNT Libraries Government Documents Department
Basic Federal Budgeting Terminology

Basic Federal Budgeting Terminology

Date: March 5, 2001
Creator: Heniff, Bill, Jr
Description: In its most elemental form, the federal budget is a comprehensive accounting of the government’s spending, revenues, and borrowing. This fact sheet provides a brief overview of the basic terminology and concepts used in the federal budget process.
Contributing Partner: UNT Libraries Government Documents Department
Basic Federal Budgeting Terminology

Basic Federal Budgeting Terminology

Date: February 25, 1999
Creator: Heniff, Bill, Jr
Description: In its most elemental form, the federal budget is a comprehensive accounting of the government’s spending, revenues, and borrowing. This fact sheet provides a brief overview of the basic terminology and concepts used in the federal budget process.
Contributing Partner: UNT Libraries Government Documents Department
FY2004 Budget Documents: Internet Access and GPO Availability

FY2004 Budget Documents: Internet Access and GPO Availability

Date: March 10, 2003
Creator: Murray, Justin
Description: None
Contributing Partner: UNT Libraries Government Documents Department
FY2003 Budget and Related Documents: Internet Access and GPO Availability

FY2003 Budget and Related Documents: Internet Access and GPO Availability

Date: April 12, 2002
Creator: Murray, Justin
Description: None
Contributing Partner: UNT Libraries Government Documents Department
The Budget for Fiscal Year 2006

The Budget for Fiscal Year 2006

Date: October 5, 2005
Creator: Winters, Philip D
Description: The budget report of the Congressional Budget Office (CBO), The Budget and Economic Outlook: Fiscal Years 2006-2015 (January 25, 2005), included baseline estimates (assuming current policies) for FY2005 through FY2015. Under the baseline assumptions, CBO estimated a FY2006 deficit of $295 billion (2.3% of gross domestic product [GDP]). This is smaller than CBO’s FY2005 baseline deficit estimate ($368 billion, 3.0% of GDP). CBO’s baseline estimates do not include assumptions about possible future legislation that may increase or decrease spending or receipts and therefore change the deficit. The baseline assumptions assume the continuation of current law, including that laws changing the level of future revenues or outlays will go into effect as scheduled. Hurricane Katrina’s devastation of the central Gulf Coast and additional damage done by Hurricane Rita has changed the budget outlook for fiscal year (FY) 2006.
Contributing Partner: UNT Libraries Government Documents Department
The Budget for Fiscal Year 2006

The Budget for Fiscal Year 2006

Date: July 21, 2005
Creator: Winters, Philip D
Description: On February 7, 2005, the President presented his FY2006 budget, containing proposals and estimates for FY2006 through FY2010. The proposal has a deficit of $390 billion (3.0% of GDP) in FY2006, and steadily declining deficits through FY2010. The budget did not include estimates of the cost of the war on terror beyond FY2005. It did not include cost estimates of the Administration’s proposals for changes in Social Security. It did include specific proposals that, over five years, would reduce spending among the non-defense discretionary programs; slow the growth in defense spending; slow the growth in selected categories of mandatory spending; and make further tax cuts along with making permanent the 2001 and 2003 tax cuts.
Contributing Partner: UNT Libraries Government Documents Department