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Baseline Budget Projections: A Discussion of Issues

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.
Date: March 1, 2005
Creator: Labonte, Marc
Partner: UNT Libraries Government Documents Department

The Federal Budget: Overview and Issues for FY2015 and Beyond

Description: This report provides an overview of federal budget issues, focusing on recent fiscal policy changes. It discusses the major policy proposals contained in the President's FY2015 budget and the House and Senate budget resolutions and also addresses major short- and long-term fiscal challenges.
Date: April 11, 2014
Creator: Levit, Mindy R.
Partner: UNT Libraries Government Documents Department

The Magnitude of Changes That Would Be Required to Balance the FY2011 Budget

Description: This report lays out generic scenarios for balancing the budget in the next fiscal year. Although these are not policy options that are likely to be enacted, they are meant to offer simple examples to gauge the scope of tradeoffs that would be required if policymakers eventually decide to bring the budget back to balance. If changes are postponed or stretched over a longer time period, they would need to be larger because of higher debt service.
Date: March 12, 2010
Creator: Labonte, Marc
Partner: UNT Libraries Government Documents Department

The Federal Budget: Issues for FY2011, FY2012, and Beyond

Description: The federal budget is central to Congress's ability to exercise its "power of the purse." Over the last several fiscal years the imbalance between spending and revenues has grown as a result of the economic downturn and policies enacted in response to financial turmoil. In FY2010, the last completed fiscal year, the U.S. government spent $3,456 billion (23.8% of GDP) and collected $2,162 billion in revenue (14.9% of GDP), resulting in a budget deficit of $1,294 billion (8.9% of GDP).
Date: April 12, 2011
Creator: Levit, Mindy R.
Partner: UNT Libraries Government Documents Department

Defense: FY2010 Authorization and Appropriations

Description: On February 26, 2009, the Administration released the broad outlines of its federal budget request for FY2010, listing for each Cabinet department and for several independent agencies the total discretionary budget authority President Obama would request, but providing no additional details. Full details of the request were made public May 7, 2009. This report summarizes the budget request in an abbreviated yet detailed format.
Date: May 8, 2009
Creator: Towell, Pat
Partner: UNT Libraries Government Documents Department

Defense: FY2006 Authorization and Appropriations

Description: This report is a guide to one of the 13 regular appropriations bills that Congress considers each year. It is designed to supplement the information provided by the House and Senate Appropriations Subcommittees on Defense. It summarizes the status of the bill, its scope, major issues, funding levels, and related congressional activity, and is updated as events warrant. The report lists the key CRS staff relevant to the issues covered and related CRS products.
Date: January 20, 2006
Creator: Daggett, Stephen
Partner: UNT Libraries Government Documents Department

Defense: FY2006 Authorization and Appropriations

Description: This report is a guide to one of the 13 regular appropriations bills that Congress considers each year. It is designed to supplement the information provided by the House and Senate Appropriations Subcommittees on Defense. It summarizes the status of the bill, its scope, major issues, funding levels, and related congressional activity, and is updated as events warrant. The report lists the key CRS staff relevant to the issues covered and related CRS products.
Date: June 17, 2005
Creator: Daggett, Stephen
Partner: UNT Libraries Government Documents Department

Defense: FY2006 Authorization and Appropriations

Description: This report is a guide to one of the 13 regular appropriations bills that Congress considers each year. It is designed to supplement the information provided by the House and Senate Appropriations Subcommittees on Defense. It summarizes the status of the bill, its scope, major issues, funding levels, and related congressional activity, and is updated as events warrant. The report lists the key CRS staff relevant to the issues covered and related CRS products.
Date: December 9, 2005
Creator: Daggett, Stephen
Partner: UNT Libraries Government Documents Department

Defense: FY2006 Authorization and Appropriations

Description: This report is a guide to one of the 13 regular appropriations bills that Congress considers each year. It is designed to supplement the information provided by the House and Senate Appropriations Subcommittees on Defense. It summarizes the status of the bill, its scope, major issues, funding levels, and related congressional activity, and is updated as events warrant. The report lists the key CRS staff relevant to the issues covered and related CRS products.
Date: July 8, 2005
Creator: Daggett, Stephen
Partner: UNT Libraries Government Documents Department

Defense: FY2006 Authorization and Appropriations

Description: This report is a guide to one of the 13 regular appropriations bills that Congress considers each year. It is designed to supplement the information provided by the House and Senate Appropriations Subcommittees on Defense. It summarizes the status of the bill, its scope, major issues, funding levels, and related congressional activity, and is updated as events warrant. The report lists the key CRS staff relevant to the issues covered and related CRS products.
Date: July 19, 2005
Creator: Daggett, Stephen
Partner: UNT Libraries Government Documents Department

Defense: FY2006 Authorization and Appropriations

Description: This report is a guide to one of the 13 regular appropriations bills that Congress considers each year. It is designed to supplement the information provided by the House and Senate Appropriations Subcommittees on Defense. It summarizes the status of the bill, its scope, major issues, funding levels, and related congressional activity, and is updated as events warrant. The report lists the key CRS staff relevant to the issues covered and related CRS products.
Date: May 17, 2005
Creator: Daggett, Stephen
Partner: UNT Libraries Government Documents Department

Defense: FY2006 Authorization and Appropriations

Description: This report is a guide to one of the 13 regular appropriations bills that Congress considers each year. It is designed to supplement the information provided by the House and Senate Appropriations Subcommittees on Defense. It summarizes the status of the bill, its scope, major issues, funding levels, and related congressional activity, and is updated as events warrant. The report lists the key CRS staff relevant to the issues covered and related CRS products.
Date: July 15, 2005
Creator: Daggett, Stephen
Partner: UNT Libraries Government Documents Department

Defense: FY2007 Authorization and Appropriations

Description: The House passed its version of the FY2007 defense authorization bill, H.R. 5122, on May 11. The bill authorizes $513 billion for national defense, including $50 billion in emergency funding for operations in Iraq and elsewhere in the first months of the fiscal year. The Senate Armed Services Committee marked up its version of the bill, S. 2766, on May 4. It also authorizes $513 billion, including emergency funding. Senate floor action appears likely in June. House subcommittee markup of the defense appropriations bill is tentatively scheduled for June 7.
Date: May 31, 2006
Creator: Daggett, Stephen
Partner: UNT Libraries Government Documents Department