1.

Record Nr.

UNINA9910454560803321

Titolo

The budget and economic outlook [[electronic resource] ] : fiscal years 2008 to 2018 / / [the Congress of the United States,] Congressional Budget Office

Pubbl/distr/stampa

New York, : Nova Science Publishers, Inc., c2009

ISBN

1-60741-392-2

Descrizione fisica

1 online resource (211 p.)

Soggetti

Budget - United States

Expenditures, Public - Forecasting

Fiscal policy - United States

Electronic books.

United States Appropriations and expenditures

United States Economic policy

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

""Contents ""; ""Summary ""; ""The Budget Outlook ""; ""Baseline Projections for the 2009-2018 Period ""; ""Changes in the Baseline Budget Outlook Since August ""; ""The Economic Outlook ""; ""Chapter 1: The Budget Outlook ""; ""A Review of 2007 ""; ""The Concept Behind CBO�s Baseline Projections ""; ""CBO�s Baseline Projections for 2008 to 2018 ""; ""Outlays ""; ""Revenues ""; ""Debt Held by the Public ""; ""Changes in CBO�s Baseline Since August 2007 ""; ""Uncertainty and Budget Projections ""; ""Uncertainty of Future Legislative Actions ""; ""Other Sources of Uncertainty ""

""Federal Debt Held by the Public """"The Long-Term Budget Outlook ""; ""Chapter 2: The Economic Outlook ""; ""The Threat to the Economy From the Turmoil in the Financial Markets ""; ""Problems in Subprime Mortgage Markets ""; ""Spillovers Into Other Financial Markets ""; ""Federal Reserve Actions and Interest Rates ""; ""How the U.S. Subprime-Related Turmoil Has Affected Other Countries ""; ""The Prospect of Slow Economic Growth in the Near Term ""; ""Continued Weakness in the Housing Sector ""; ""A Slowdown in Consumer



Spending ""; ""Strengthening of Net Exports ""

""Steady Growth Projected in Government Purchases """"The Persistent Risk of Higher Inflation ""; ""Indicators of Moderate Inflation: Measures of Resource Constraints and Rents ""; ""Risks of Higher Inflation: Commodity Prices and the Falling Dollar ""; ""The Outlook Through 2018 ""; ""Potential Output ""; ""Inflation, Unemployment, and Interest Rates ""; ""Projections of Income ""; ""Data Problems ""; ""Income Shares ""; ""Changes in the Outlook Since August 2007 ""; ""How CBO�s Forecast Compares With Others ""; ""Chapter 3: The Spending Outlook ""; ""Mandatory Spending ""

""Medicare and Medicaid """"Social Security ""; ""Other Income-Security Programs ""; ""Other Federal Retirement and Disability Programs ""; ""Other Mandatory Spending ""; ""What Causes Growth in Mandatory Spending? ""; ""Offsetting Receipts ""; ""Legislation Assumed in the Baseline ""; ""Discretionary Spending ""; ""Recent Trends in Discretionary Funding and Outlays ""; ""Discretionary Spending from 2009 Through 2018 ""; ""Net Interest ""; ""Interest on Debt Held by the Public ""; ""Interest on Intragovernmental Holdings ""; ""Other Interest and Investment Income ""

""Chapter 4: The Revenue Outlook """"Sources of Revenues ""; ""Historical Perspective ""; ""Projections in Brief ""; ""CBO�s Current Revenue Projections in Detail ""; ""Individual Income Taxes ""; ""The Individual Income Tax Base ""; ""The Social Insurance Tax Base ""; ""The Corporate Income Tax Base ""; ""Social Insurance Taxes ""; ""Corporate Income Taxes ""; ""Business Cycles ""; ""Changes to Tax Law ""; ""Inflation ""; ""Average Tax Rates in Recent Years ""; ""Excise Taxes ""; ""Estate and Gift Taxes ""; ""Other Sources of Revenue ""; ""The Effects of Expiring Tax Provisions ""

""Provisions That Expire in CBO�s Baseline Projections ""