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The Budget for Fiscal Year 2007

Description: The Senate passed its version of the fiscal year 2007 budget resolution on March 16, 2006. After extended delays, the House passed its resolution on May 16, 2006. The extensive differences between the Senate and House versions of the FY2007 budget may prevent a House-Senate agreement. This report contains information on the background and analysis for the federal budget in the fiscal year 2007, the financial situation at that time, budgeting tools, budgetary actions, outlays, receipts, deficits… more
Date: May 23, 2006
Creator: Winters, Philip D.
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The Impact of Major Legislation on Budget Deficits: 2001 to 2009

Description: This report examines to what extent major legislative changes from 2001 to 2009 caused the budget to move from surplus to deficit. Legislative actions taken in 2009 increased the FY2009 deficit by $509 billion, whereas legislative actions taken between 2001 and 2008 increased the FY2009 deficit by $903 billion. Furthermore, legislative changes have cumulatively increased federal budget deficits over FY2001 to FY2009 by $5.4 trillion.
Date: March 23, 2010
Creator: Labonte, Marc & Hanna, Andrew
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