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Growth in Foreign Holdings of Federal Debt

Description: This report discusses the special role that the dollar plays in international finance and the strength and stability of the U.S. financial markets (including Treasury securities) which make them attractive sources for foreign investment.
Date: November 13, 2006
Creator: Winters, Philip D.
Partner: UNT Libraries Government Documents Department

The Budget for Fiscal Year 2006

Description: This report discusses the President's fiscal year (FY) 2007 budget (February 2006) included a revised FY2006 deficit estimate of $423 billion, $72 billion larger than its previous estimate (July 2005) and $53 billion larger than its original deficit estimate in February 2005.
Date: October 23, 2006
Creator: Winters, Philip D.
Partner: UNT Libraries Government Documents Department

The Budget for Fiscal Year 2006

Description: This report discusses the President's fiscal year (FY) 2007 budget (February 2006) included a revised FY2006 deficit estimate of $423 billion, $72 billion larger than its previous estimate (July 2005) and $53 billion larger than its original deficit estimate in February 2005.
Date: May 30, 2006
Creator: Winters, Philip D.
Partner: UNT Libraries Government Documents Department

The Budget for Fiscal Year 2005

Description: The Congressional Budget Office’s (CBO) January 2004 budget report for FY2005 (the Budget and Economic Outlook: Fiscal Years 2005-2014) estimated the FY2005 baseline deficit at $362 billion. CBO’s report provided estimates of the costs of selected alternative policies (measured from the baseline), such as estimates of the cost of extending the tax cuts, reforming the AMT, and discretionary spending growing at various rates.
Date: October 12, 2004
Creator: Winters, Philip D.
Partner: UNT Libraries Government Documents Department

The Budget for Fiscal Year 2006

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.
Date: July 21, 2005
Creator: Winters, Philip D.
Partner: UNT Libraries Government Documents Department

The Budget for Fiscal Year 2006

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.
Date: October 5, 2005
Creator: Winters, Philip D.
Partner: UNT Libraries Government Documents Department

The Budget for Fiscal Year 2006

Description: The July 2005 mid-year budget report from the Administration had an improved deficit outlook through FY2010, while CBO’s August 2005 mid-year report included a somewhat worsened baseline deficit outlook. Congress passed three continuing resolutions (CRs) on appropriations during the fall and early winter to fund otherwise unfunded activities. It needed the time to complete action on the regular appropriation bills for FY2006. The last two cleared Congress on December 21, almost three months after the start of FY2006.
Date: July 25, 2006
Creator: Winters, Philip D.
Partner: UNT Libraries Government Documents Department

The Budget for Fiscal Year 2006

Description: The July 2005 mid-year budget report from the Administration had an improved deficit outlook through FY2010, while CBO’s August 2005 mid-year report included a somewhat worsened baseline deficit outlook. Congress passed three continuing resolutions (CRs) on appropriations during the fall and early winter to fund otherwise unfunded activities. It needed the time to complete action on the regular appropriation bills for FY2006. The last two cleared Congress on December 21, almost three months after the start of FY2006.
Date: July 25, 2006
Creator: Winters, Philip D.
Partner: UNT Libraries Government Documents Department

The Budget for Fiscal Year 2006

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.
Date: March 31, 2005
Creator: Winters, Philip D.
Partner: UNT Libraries Government Documents Department

The Budget for Fiscal Year 2007

Description: The President’s fiscal year (FY) 2007 budget released in early February 2006 included proposals to make the 2001 and 2003 tax cuts permanent; slow the growth of Medicare spending; hold funding for non-defense, non-homeland security funding to little if any increase; and introduce, in FY2010, private accounts for Social Security. The Congressional Budget Office’s (CBO’s) January 2006 budget report provided baseline estimates and projections through FY2016. CBO also estimated the cost of alternative policies that some would say are more likely to occur than some of the policies assumed in the baseline.
Date: February 21, 2006
Creator: Winters, Philip D.
Partner: UNT Libraries Government Documents Department

Data on the National Debt, 1955-1980

Description: This report consolidates various data on the national debt; it presents changes and comparisons of the debt for the years 1955 to 1980. The report also contains information on the public debt limit, the ownership of the public debt, and the debt owed by several sectors of the economy.
Date: May 29, 1981
Creator: Winters, Philip D.
Partner: UNT Libraries Government Documents Department

Federal Spending by Agency and Budget Function, FY2001-FY2005

Description: This report provides federal spending data by agency and by budget function for fiscal year 2001 through fiscal year 2005. The data, ranked by size, reveal the concentrated nature of federal spending. The largest four agencies (of 51 listed) produce 83% of total outlays and the six largest (of 19) budget functions produce 86% of total outlays. Most of the spending by the largest agencies and within the largest budget functions is either mandatory spending (such as Social Security, Medicaid, and income support, among others), defense spending, or net interest spending on federal debt.
Date: January 9, 2006
Creator: Winters, Philip D.
Partner: UNT Libraries Government Documents Department

How Budget Surpluses Change Federal Debt

Description: This report discusses how budget surpluses change federal debt. The answer involves understanding what drives changes in the two components of total federal debt, debt held by the public (which includes debt held by individuals, pension funds, banks, and insurance companies, among other entities) and debt held by government accounts (almost all in federal trust funds, such as Social Security).
Date: January 4, 2001
Creator: Winters, Philip D.
Partner: UNT Libraries Government Documents Department

The Budget for Fiscal Year 2004

Description: The Congressional Budget Office (CBO) released the first of its annual budget reports in late January. The baseline estimates from CBO run through FY2013. CBO’s baseline estimates are similar in construction to those produced by the Office of Management and Budget (OMB) for the President. CBO’s January baseline has a $145 billion deficit in FY2004 (down from $199 billion in FY2003), that becomes a small surplus of $65 billion in FY2008. The report also included an update to CBO’s January baseline that pushed the deficit for FY2004 to $200 billion from $145 billion. The revisions move the return to a surplus from FY2007 to FY2008 and reduce the cumulative FY2004- FY2013 surplus from $1,336 billion (January) to $891 billion (March). CBO’s estimates of the President’s budget, a recasting of the policies using CBO assumptions and budget estimating methods, raise the expected deficit for FY2004 to $338 billion from the OMB estimated $307 billion.
Date: March 14, 2003
Creator: Winters, Philip D.
Partner: UNT Libraries Government Documents Department

The Budget for Fiscal Year 2004

Description: In March, CBO released its report analyzing the President’s policies. CBO’s estimates of the President’s budget, a recasting of the policies using CBO assumptions and budget estimating methods, raise the expected deficit for FY2004 to $338 billion from the OMB estimated $307 billion. The report also included an update to CBO’s January baseline that pushed the deficit for FY2004 to $200 billion from $145 billion. The revisions delay the return-to-a-surplus from FY2007 to FY2008 and reduce the cumulative FY2004-FY2013 surplus from $1,336 billion (January) to $891 billion (March).
Date: April 10, 2003
Creator: Winters, Philip D.
Partner: UNT Libraries Government Documents Department

The Budget for Fiscal Year 2004

Description: In March, CBO released its report analyzing the President’s policies. CBO’s estimates of the President’s budget, a recasting of the policies using CBO assumptions and budget estimating methods, raise the expected deficit for FY2004 to $338 billion from the OMB estimated $307 billion. The report also included an update to CBO’s January baseline that pushed the deficit for FY2004 to $200 billion from $145 billion. The revisions delay the return-to-a-surplus from FY2007 to FY2008 and reduce the cumulative FY2004-FY2013 surplus from $1,336 billion (January) to $891 billion (March).
Date: April 25, 2003
Creator: Winters, Philip D.
Partner: UNT Libraries Government Documents Department

The Budget for Fiscal Year 2004

Description: In March, CBO released its report analyzing the President’s policies. CBO’s estimates of the President’s budget, a recasting of the policies using CBO assumptions and budget estimating methods, raise the expected deficit for FY2004 to $338 billion from the OMB estimated $307 billion. The report also included an update to CBO’s January baseline that pushed the deficit for FY2004 to $200 billion from $145 billion. The revisions delay the return-to-a-surplus from FY2007 to FY2008 and reduce the cumulative FY2004-FY2013 surplus from $1,336 billion (January) to $891 billion (March).
Date: July 17, 2003
Creator: Winters, Philip D.
Partner: UNT Libraries Government Documents Department

The Budget for Fiscal Year 2004

Description: In March, CBO released its report analyzing the President’s policies. CBO’s estimates of the President’s budget, a recasting of the policies using CBO assumptions and budget estimating methods, raise the expected deficit for FY2004 to $338 billion from the OMB estimated $307 billion. The report also included an update to CBO’s January baseline that pushed the deficit for FY2004 to $200 billion from $145 billion. The revisions delay the return-to-a-surplus from FY2007 to FY2008 and reduce the cumulative FY2004-FY2013 surplus from $1,336 billion (January) to $891 billion (March).
Date: May 23, 2003
Creator: Winters, Philip D.
Partner: UNT Libraries Government Documents Department

The Budget for Fiscal Year 2004

Description: In March, CBO released its report analyzing the President’s policies. CBO’s estimates of the President’s budget, a recasting of the policies using CBO assumptions and budget estimating methods, raise the expected deficit for FY2004 to $338 billion from the OMB estimated $307 billion. The report also included an update to CBO’s January baseline that pushed the deficit for FY2004 to $200 billion from $145 billion. The revisions delay the return-to-a-surplus from FY2007 to FY2008 and reduce the cumulative FY2004-FY2013 surplus from $1,336 billion (January) to $891 billion (March).
Date: May 22, 2003
Creator: Winters, Philip D.
Partner: UNT Libraries Government Documents Department