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The Budget Enforcement Act: Its Operation Under a Budget Surplus

Description: The Budget Enforcement Act was enacted in 1990 in an effort to control future budgetary actions. It did this through two separate, but related, mechanisms: limits on discretionary spending, and the pay-as-you-go process to require that any legislative action on direct spending or revenues which would increase the deficit be offset. These procedures currently would apply through FY2002 (for legislation enacted before October 1, 2002, for measures affecting direct spending or revenues), regardles… more
Date: February 11, 1998
Creator: Saturno, James V.
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
open access

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

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
Date: July 23, 1998
Creator: Cox, William
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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