Budget Surpluses: Economic Effects of Debt Repayment, Tax Cuts, or Spending - An Overview

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Updated projections released on July 15 by the Congressional Budget Office (CBO) indicate budget surpluses rising from $63 billion (0.9% of GDP) in FY1998 to more than $100 billion (1.3% to 1.5% of GDP) from FY2002 through FY2005 and over $200 billion (1.8% to 1.9%) from FY2006 through FY2008.1

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6 pages.

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Cox, William July 23, 1998.

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This report is part of the collection entitled: Congressional Research Service Reports and was provided by the UNT Libraries Government Documents Department to the UNT Digital Library, a digital repository hosted by the UNT Libraries. It has been viewed 90 times. More information about this report can be viewed below.

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Description

Updated projections released on July 15 by the Congressional Budget Office (CBO) indicate budget surpluses rising from $63 billion (0.9% of GDP) in FY1998 to more than $100 billion (1.3% to 1.5% of GDP) from FY2002 through FY2005 and over $200 billion (1.8% to 1.9%) from FY2006 through FY2008.1

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6 pages.

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Congressional Research Service Reports

The Congressional Research Service (CRS) is the public policy research arm of Congress. This legislative branch agency works exclusively for Members of Congress, their committees and their staff. This collection includes CRS reports from the mid-1960's through 2018—covering a variety of topics from agriculture to foreign policy to welfare.

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  • July 23, 1998

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  • June 10, 2005, 7:09 p.m.

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  • July 9, 2020, 1:01 p.m.

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Thumbnail image of item number 1 in: 'Budget Surpluses: Economic Effects of Debt Repayment, Tax Cuts, or Spending - An Overview'.
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Cox, William. Budget Surpluses: Economic Effects of Debt Repayment, Tax Cuts, or Spending - An Overview, report, July 23, 1998; Washington D.C.. (https://digital.library.unt.edu/ark:/67531/metacrs552/: accessed September 29, 2023), University of North Texas Libraries, UNT Digital Library, https://digital.library.unt.edu; crediting UNT Libraries Government Documents Department.

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