AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Budget deficits keep skyrocketing.(Insider Report)
The nonpartisan Congressional Budget Office (CBO) announced on August 26th that the fiscal year 2004 federal budget deficit will be an estimated $480 billion, and that deficits could total $5 trillion over the next 10 years. Since March, "the budget outlook has worsened substantially," the agency's report forcefully declared. This represents a sharp turn-around from last year's CBO forecast of a $1 trillion surplus for the 2003-2012 fiscal period, and is far below the 10-year, $5.6 trillion surplus the agency predicted in 2001.
The CBO also confirmed its earlier estimate that the federal budget deficit for the fiscal year ending this September 30th (fiscal year 2003) will be $401 billion, smashing the previous record of $290 billion, set in 1992.
The 10-year forecast is based primarily on the cost of three programs that President Bush and Congressional Republicans broadly support:
* making all tax cuts of the past three years permanent;
* enacting a new prescription drug program for senior ...
- Federal budget estimates for fiscal year 2007.(Statistical data)
- Magazine article from: Survey of Current Business Mandel, Benjamin A. Roy, Mary L. March 1, 2006 700+ words
...Congress. (1) For fiscal year 2007, the Federal budget projects a $354...5 billion to the Federal budget deficit in fiscal year 2007; the increase...budget proposal, Federal budget receipts in fiscal year 2007 are projected...
- Federal budget estimates for fiscal year 2006.
- Magazine article from: Survey of Current Business Robinson, Michelle D. Mandel, Benjamin A. March 1, 2005 700+ words
...economic growth. For fiscal year 2006, the Federal budget projects a $390...8 billion to the Federal budget deficit in fiscal year 2006; the increase...Budget Estimates Federal budget receipts in fiscal year 2006 are projected...
- Fiscal year 2005 federal budget for Labor/HHS/Education.(Illustration)
- Magazine article from: Report on Disability Programs July 22, 2004 700+ words
Fiscal Year 2005 Federal Budget for Labor/HHS/Education (figures in the millions) FY04 Bush House Actual Request Proposal Research Programs NIH Child Health...
- Federal Budget Estimates, Fiscal Year 2001.(Statistical Data Included)
- Magazine article from: Survey of Current Business Beall, Laura M. Keehan, Sean P. March 1, 2000 700+ words
THE FEDERAL Budget of the United States Government, Fiscal Year 2001 that was released...171.1 billion, in fiscal year 2001. These Federal budget surplus estimates are...outlays.(2) The fiscal year 2001 surplus reflects...
- Federal Budget Estimates, Fiscal Year 2002.
- Magazine article from: Survey of Current Business Keehan, Sean P. Pitzer, Claire G. May 1, 2001 700+ words
THE Federal Budget of the United States Government, Fiscal Year 2002 shows a $231...221.0 billion, in fiscal year 2002. These Federal budget estimates are derived...The administration's fiscal year 2002 budget estimates...
- Department of Justice.(EPN News Roundup: The Fiscal Year 2007 Federal Budget)
- Magazine article from: Emergency Preparedness News March 7, 2006 700+ words
...Perhaps leery of zeroing out the popular Community Oriented Policing Services program altogether, the Bush Administration's fiscal year 2007 Department of Justice budget request allocates $40.1 million to COPS, directing that the money be spent on a methamphetamine...
- Remarks on the Fiscal Year 2001 Federal Budget and an Exchange With Reporters.
- Newspaper article from: Weekly Compilation of Presidential Documents January 31, 2000 700+ words
...How much? The President. I don't know yet. We're working on it. We'll put it out as quick as we know. FY 2001 Federal Budget Q. Mr. President, why isn't it right for the next President and the next Congress to put forward such a long-term...
- House conferees urged to adopt Senate budget, but protect defense. (fiscal year...
- Newspaper article from: Defense Daily April 14, 1994 700+ words
...Penny (D-Minn.) intend to introduce a motion today instructing House budget conferees to accept the Senate's FY '95 federal budget, but prohibit any of the $26 billion in unspecified cuts contained in that bill from coming out of defense. The motion...
