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| | Congressional Budget Office - Wikipedia, the free encyclopedia |
 | | The Congressional Budget Office is a federal agency within the legislative branch of the United States government. | | | It was created by the Congressional Budget and Impoundment Control Act of 1974. | | | The main goal is to provide Congress with objective, timely, nonpartisan analyses needed for economic and budget decisions and with the information and estimates required for the Congressional budget process. |
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http://en.wikipedia.org/wiki/Congressional_Budget_Office
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| | budget - Columbia Encyclopedia article about budget |
| | Budget reforms passed in 1974 mandated congressional budget resolutions to serve as alternatives to the president's proposed budget, and budget impasses became common. | | | The national budget is often regarded as one of the major policy statements of a presidential administration. | | | In the United States, the president was not required to submit an annual federal budget estimate until the passage (1921) of the Budget and Accounting Act. |
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http://columbia.thefreedictionary.com/budget
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| | U.S. Senate: Reference Home > Virtual Reference Desk > Budget |
| | The Senate Committee on the Budget was established in 1974 by the Congressional Budget Act (pdf). | | | The annual budget resolution is an agreement between the House and Senate on a budget plan for the upcoming fiscal year and at least the following four fiscal years. | | | Along with the House Budget Committee, it is responsible for drafting Congress’ annual budget plan and monitoring action on the budget for the federal government. |
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http://www.senate.gov/reference/reference_index_subjects/Budget_vrd.htm
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| | The Implications of the Social Security Projections Issued by the Congressional Budget Office, 6/14/04 |
| | Note: Estimates of the costs of the tax cuts derived from data supplied by the Congressional Budget Office and the Joint Committee on Taxation, and assume that the tax cuts are continued the Alternative Minimum Tax is indexed for inflation. | | | CBO projects the shortfall to be 1.0 percent of taxable payroll, or 47 percent less than the Trustees project. | | | Social Security’s modest impact on the nation’s long-term budget problems are confirmed by projections of the long-term “fiscal gap” — the amount by which revenues must be raised and/or spending cut in order to stabilize the federal debt as a share of the economy and prevent a debt explosion that could cause serious economic damage. |
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http://www.cbpp.org/6-14-04bud.htm
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| | Cliff Notes - Appendix B |
| | CBO also prepares cost estimates for proposals at other stages of the legislative process at the request of a committee of jurisdiction, a budget committee, or the Congressional leadership. | | | The Balanced Budget and Emergency Deficit Control Act of 1985, the Balanced Budget and Emergency Deficit Control Reaffirmation Act of 1987, and the Budget Enforcement Act of 1990 assign further duties to the Congressional Budget Office, such as providing budget estimates for the purpose of budget control. | | | Under those titles, CBO must prepare estimates of new budget authority, outlays, or revenues provided by the bills or resolutions, or the costs that the government would incur in carrying out the provisions of the proposed legislation. |
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http://budget.senate.gov/republican/major_documents/reference/cliff_notes/cliffapb.htm
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| | Congressional Budget Office (from United States government) -- Britannica Student Encyclopedia |
| | The Congressional Budget Office was established in 1974 as an agency to help Congress oversee the federal budget process, aid in fiscal policy, review tax policies, and study the allocation of federal funds. | | | In national finance, the period covered by a budget is usually a year, known as a financial or fiscal year, which may or may not correspond with the calendar year. | | | Information on the agency responsible for overseeing the state's fiscal issues and budget process. |
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http://www.britannica.com/ebi/article-209653
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| | Congressional Budget Office Projects $477 Billion Deficit |
| | Critics from both parties say the actual shortfalls could be even worse than projected because the budget office excluded the cost of extending tax cuts and other items that are set to expire in coming years. | | | Congressional Budget Office Projects $477 Billion Deficit By THE ASSOCIATED PRESS | | | ``These budget deficits as far as the eye can see are the predictable result of a president and Congress spending taxpayer dollars with reckless abandon,'' said Brian Riedl, who studies the budget for the conservative Heritage Foundation. |
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http://home.earthlink.net/~platter/articles/040126-ap-cbo.html
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| | washingtonpost.com: 2004 Deficit to Reach $480 Billion, Report Forecasts |
| | "Balancing the budget is an important goal of government, but not as important as the safety and prosperity of its citizens," said Hazen Marshall, staff director of the Senate Budget Committee. | | | In July, Bush's budget office released projections showing a $455 billion deficit for this year would decline to $62 billion by 2008, absent policy changes the president had requested. | | | Should the cuts be allowed to vanish, the federal budget would be nearly balanced by 2011 and have a $161 billion surplus by 2012, congressional forecasters say. |
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http://www.washingtonpost.com/ac2/wp-dyn/A46805-2003Aug26?language=printer
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| | [No title] |
| | Officers and employees of the Congressional Budget Office shall be subject to the same statutory penalties for unauthorized disclosure or use as officers or employees of the department, agency, establishment, or regulatory agency or commission from which it is obtained. | | | 101-508 substituted "new budget authority" for "budget authority" in subsec. | | | During that session of Congress such revenue estimates shall be transmitted by the Congressional Budget Office to any committee of the House of Representatives or the Senate requesting such estimates, and shall be used by such Committees in determining such estimates. |
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http://uscode.house.gov/download/pls/2C17.txt
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| | CBO Star Wars Cost Estimate - Attachment |
| | CBO assumes that the ground-based layer would include 300 interceptors deployed at 3 sites and would cost $13 billion, or about $4.5 billin more than the costs of meeting the minimum requirements. | | | CBO estimates that H.R. 3144 would cost nearly $10 billion over the next five years, or about $7 billion more than is currently programmed for national missile defense. | | | Through 2010, the system would cost between $31 billion and $60 billion. |
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http://www.fas.org/spp/starwars/congress/1996_r/cbo1505a.htm
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| | CONGRESSIONAL BUDGET OFFICE / On the record: Douglas Holtz-Eakin |
| | As director of the nonpartisan Congressional Budget Office, Holtz-Eakin is the legislature's chief numbers cruncher, charged with giving lawmakers objective and independent analysis of the fiscal effects of proposed laws. | | | The president's budget, you can see the strategy is to focus on discretionary spending. | | | With no other changes to the federal budget, if those monies are going into private accounts, you are going to borrow more. |
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http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2005/02/13/BUGPRBA2A31.DTL
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| | Congressional Budget Office predicts increased joblessness |
| | CBO said overall economic growth, as measured by the gross domestic product, could be reduced by between 0.5 percentage point and a full percentage point for the second half of this year but this downshift in growth should be temporary as long as gasoline prices retreat to pre-Katrina levels. | | | Many private budget experts are predicting increased federal spending for Katrina will push up next year's deficit by $100 billion or more, putting in jeopardy Bush's efforts to cut the deficit in half by 2009. | | | The hurricane's ultimate impact on the budget was unclear, CBO said, however it noted that Congress already has approved $10.5 billion in emergency spending with more on the way. |
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http://www.thejournalnews.com/apps/pbcs.dll/article?AID=/20050908/BUSINESS01/509080330/1066
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| | OMB Watch - Congressional Budget Office Projections: No Change in Bleak Long-Term Fiscal Outlook |
| | CBO has confirmed what many private analysts have reported: the recent jump in federal revenue is due to short-term, temporary factors that are unsustainable, and over the long-term the country still faces large and difficult fiscal challenges. | | | Similar to the July Office of Management and Budget (OMB) projections, the CBO report foresees a $331 billion deficit for fiscal year 2005 (FY05), a $33 billion reduction since CBO released an initial estimate in March. | | | CBO also has increased their estimate of the total deficits over the next ten years by more than $1.1 trillion to $2.1 trillion. |
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http://www.ombwatch.org/article/articleview/3059/1/2?TopicID=
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| | Tax Burden Shifts to the Middle (washingtonpost.com) |
| | The CBO study, due to be released today, found that the wealthiest 20 percent, whose incomes averaged $182,700 in 2001, saw their share of federal taxes drop from 64.4 percent of total tax payments in 2001 to 63.5 percent this year. | | | Since 2001, President Bush's tax cuts have shifted federal tax payments from the richest Americans to a wide swath of middle-class families, the Congressional Budget Office has found, a conclusion likely to roil the presidential election campaign. | | | The full financial plan, by department and topic, available from the Office of Management and Budget. |
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http://www.washingtonpost.com/wp-dyn/articles/A61178-2004Aug12.html
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| | 10-year plan: $2.75 trillion in new debt / Congressional Budget Office analyzes White House proposal |
| | By contrast, CBO says the deficit under Bush's budget policies would be only $478 billion this year, and then fall to $258 billion in 2009, before climbing to $289 billion by 2014. | | | The CBO projections indicate that by 2014, the president's spending and tax cut policies would push the government into a hole that would be $737 billion deeper than if Congress ignored Bush's policy prescriptions. | | | He said that even under the CBO projections, the deficit, as expressed as a percentage of the economy, would be cut in half, from 4.2 percent of the economy this year to 1.8 percent of the economy. |
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http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/2004/02/28/MNG1I5AGTQ1.DTL
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| | Congressional Budget Office Report |
| | See Congressional Budget Office, Comparing Federal Salaries with Those in the Private Sector, CBO Memorandum (July 1997), the findings of which are summarized in the last section of this memorandum. | | | An analysis by the Congressional Research Service found, as does this analysis, that federal and private benefit packages were fairly close in value, with the federal government often offering more valuable retirement benefits but less valuable health insurance. | | | An analysis by the Congressional Research Service found that federal and private benefit packages are fairly close in value and that the federal government in many cases offers more valuable retirement benefits but less valuable health insurance. |
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http://eea.natca.net/cbo_report.htm
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| | Congressional Budget Office Expects Larger Surplus - April 23, 1998 |
| | The last CBO estimate was in March, when the agency projected an $8 billion surplus for the current fiscal year. | | | WASHINGTON (April 23) -- The Congressional Budget Office [CBO] has significantly increased its projected federal budget surplus for the current fiscal year to between $45 billion and $55 billion, CNN learned Thursday. | | | The new estimate was provided to House Budget Committee Chairman John Kasich, who was meeting with the Republican leadership behind closed doors Thursday to outline his budget proposal. |
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http://www.cnn.com/ALLPOLITICS/1998/04/23/budget.surplus
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| | Democratic Policy Committee |
| | The new Congressional Budget Office (CBO) forecast underscores the dramatic fiscal reversal under President Bush and leaves little doubt that this is the most fiscally irresponsible Administration in our history. | | | CBO's baseline only shows the deficit shrinking (and a surplus returning in 2014) because it assumes that recent tax cuts will expire under current law. | | | Instead, CBO now projects that we will have $5.6 trillion in debt held by the public at the end of that year. |
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http://democrats.senate.gov/~dpc/pubs/108-2-024.html
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| | Department of State Washington File: Congressional Budget Office Projects Smaller Budget Surpluses |
| | The CBO projections are likely to provide fuel for a partisan debate in Washington on who is to blame for the government's dramatic shift from budget surpluses to budget deficits. | | | In January 23 testimony before the Senate Budget Committee, Congressional Budget Office (CBO) Director Dan Crippen said that the recession coupled with additional spending has reduced the estimated budget surpluses for fiscal years 2002 through 2011 by 71 percent. | | | His testimony was based on "The Budget and Economic Outlook: Fiscal Years 2003-2012" report, which is to be released January 31. |
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http://usinfo.org/wf-archive/2002/020123/epf308.htm
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| | Budget Deficit Drops Again - CBS News |
| | The new report by the nonpartisan Congressional Budget Office, which does budget analysis for lawmakers in Washington, gave the latest proof that surging revenues and a steadily growing economy are combining to bring the deficit down from a record $412 billion posted last year. | | | CBO predicts a $314 billion deficit for the budget year starting Oct. 1. | | | "The CBO report confirms the dramatic improvement in the 2005 deficit picture that the administration reported last month," said Scott Milburn a spokesman for the White House budget office. |
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http://www.cbsnews.com/stories/2005/08/15/national/main778985.shtml
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| | June Ellenoff O'Neill '51, Former Director of the Congressional Budget Office |
| | Her topic was "CBO and the Budget Outlook: 2002 and Beyond." This profile was prepared in April 1997. | | | Testimony before the House Budget Committee on CBO's Analysis of the President's Budgetary Proposals for Fiscal Year 1998, March 1997. | | | She was Director of CBO from 1995 to 1999. |
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http://www2.bxscience.edu/alum/profiles/oneill.htm
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| | CONGRESSIONAL BUDGET OFFICE (CBO), Washington, DC |
| | CBO's mission is to provide Congress with the objective, timely, nonpartisan analyses needed for economic and budget decisions and with the information and estimates required for the Congressional budget process. | | | Candidates should have: a Ph.D. with recognized research and publication record; considerable expertise in their area of proposed research in the fields of macroeconomics, health economics, financial economics, or public finance; a commitment to undertaking analysis of interesting, real-world issues in economics and public policy. | | | The Fellowship is designed to offer outstanding economists and policy analysts with expertise in macroeconomics, health economics, financial economics, public finance or other specialty, the opportunity to pursue research and contribute to CBO products on policy issues in economics over the course of a year while in residence at CBO. |
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http://www.aeaweb.org/joe/0402d/html/joe083.html
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| | Committee Reports |
| | CBO's estimate of AST's expenses over the 2005-2007 period is based on the $12 million appropriated for the agency for fiscal year 2004, including adjustments for anticipated inflation. | | | CBO estimates that implementing the bill would cost $38 million over the 2005-2009 period, assuming appropriation of the necessary amounts. | | | CBO estimates that enacting H.R. 3752 would have no effect on direct spending or revenues. |
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http://www.congress.gov/cgi-bin/cpquery?&dbname=cp108&&r_n=hr429.108&sel=TOC_43788&
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| | Congressional Budget Office |
| | A substantial part of what CBO does is to support the work of the two other Congressional institutions created by the 1974 Budget Act: a Committee on the Budget in both the House of Representatives and the Senate, each with its own staff. | | | The mission of the Congressional Budget Office is to provide the Congress with economic and budgetary information. |
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http://www.virtualref.com/abs/323.htm
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| | Congressional Budget Office Says Storm Could Cost Economy 400,000 Jobs |
| | Still, the budget office saidin its report that the start of the recovery of the country's refineries was promising. | | | Hurricane Katrina is about to blow a hole in the federal budget, and it is already jeopardizing President Bush's agenda for cutting taxes and reducing the deficit. | | | The Congressional Budget Office reported today that it had told congressional leaders that Hurricane Katrina could reduce employment this year by 400,000 jobs and could slow the economy's expansion by as much as a full percentage point. |
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http://www.freerepublic.com/focus/f-news/1479614/posts
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| | Congressional Budget Office Estimates Smaller Deficit. |
| | The Congressional Budget Office believes that federal deficits through 2002 will be lower than expected, moderately easing the task President Clinton and Republicans face in their attempt to eliminate deficits. | | | Over the next five years, total deficits will be one-third smaller than the budget office projected last year, says the testimony which CBO Director June O'Neill plans to deliver today to the Senate Budget Committee. | | | That is $56 billion less than the nonpartisan budget office estimated for that year in May. |
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http://clinicalfreedom.org/CONGRESS.HTM
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| | Budget Office Forecasts Record Deficit in ’04 |
| | Find more results for Congressional Budget Office and Budgets and Budgeting | | | But the new budget estimate painted a much gloomier picture for the long-term outlook, even though Congressional analysts are expecting rapid economic growth to lead to big increases in tax revenue for the next several years. | | | The nonpartisan budget office's outlook for the long term is significantly more pessimistic than it was just one year ago. |
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http://www.nytimes.com/2004/01/27/politics/27BUDG.html?ei=5007&en=cf91e85a5fc67a37&ex=1390539600&adxnnl=1&partner=USERLAND&adxnnlx=1075184054-GkupQu5VaNUzlKPrKLvzyA
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| | CONGRESSIONAL BUDGET OFFICE, Washington, DC |
| | CBO is a nonpartisan agency that provides the Congress with the objective and timely analyses needed for economic and budget decisions. | | | Other activities include working with CBO analysts to carry out cost analyses of current legislative proposals and representing CBO in the policy research community. | | | Early applications are encouraged as CBO is scheduling interviews at the ASSA Conference in January. |
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http://www.aeaweb.org/joe/0410d/html/joe251.html
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| | Congressional Budget Office Projects $477B Deficit |
| | The budget office also estimated that deficits for the decade ending in 2013 would total nearly $2.4 trillion. | | | Rather, they provide lawmakers with a baseline from which to measure the effect their policies would have on the budget. | | | In its annual wintertime economic outlook, lawmakers' nonpartisan fiscal analyst also estimated that the deficit would ease to $362 billion in 2005, according to numbers obtained by the AP. |
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http://www.nysscpa.org/home/2004/104/4week/article6.htm
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| | Congressional Budget Office |
| | CBO applied those percentages to the Administration's plans for service budgets in 2001--the last year for which plans were available. | | | CBO evaluated four alternative strategies--illustrated in seven options or variations of options--that might be pursued in the future if less money is available for purchasing tactical fighters than current plans require. | | | Under the plans for the 1997 budget, 3,436 of the 4,400 planes would be bought through 2020. |
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http://www.fas.org/man/congress/1997/h970305w.htm
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| | National Review: Static quo - Congressional Budget Office |
| | Rosemary Marcuss, a staffer who oversaw the 1987 CBO report that was the seed-corn for years of faulty data on income inequality, is still assistant director for tax analysis. | | | The CBO estimates the bill would cost $31 to $60 billion through 2010. | | | Instead, the CBO opted for an all-space-based system that would stop 199.9 out of 200 warheads at a cost of a cool $37 to $43 billion. |
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http://www.findarticles.com/p/articles/mi_m1282/is_n12_v48/ai_18433332
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| | Economist's View: Wanted: Nonpartisan Congressional Budget Office Director |
| | CBO is composed primarily of economists and public policy analysts. | | | CBO's Staff:The Director appoints all CBO staff, including the Deputy Director, and all appointments are based solely on professional competence, without regard to political affiliation. | | | The Appointment of the Director: The Speaker of the House of Representatives and the President pro tempore of the Senate jointly appoint the CBO Director, after considering recommendations from the two budget committees. |
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http://economistsview.typepad.com/economistsview/2005/12/wanted_nonparti.html
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| | Report paints picture of high deficits - Politics - MSNBC.com |
| | The analysis by the nonpartisan Congressional Budget Office said Bush’s plans for spending and taxes would yield deficits through the decade ending in 2015 totaling $2.58 trillion. | | | The congressional analyst noted that Bush’s budget omitted the costs of overhauling Social Security, which some analysts expect to exceed $1 trillion for the first decade. | | | That is $1.6 trillion worse than they would be if none of the president’s fiscal plans become law, the budget office said, the chief factor being his plan to make already enacted tax cuts permanent. |
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http://www.msnbc.msn.com/id/7092469
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| | People Congressional Budget Office Director Announces Plans To Leave Position at End of 2005 - Kaisernetwork.org |
| | Congressional Budget Office Director Douglas Holtz-Eakin on Monday announced that he will leave the position at the end of 2005, the | | | The House speaker and the Senate president pro tempore appoint the CBO director, with the recommendations of the House and Senate Budget Committee chairs likely to "figure prominently" in the decision, | | | Congressional Budget Office Director Announces Plans To Leave Position at End of 2005 |
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http://www.kaisernetwork.org/daily_reports/rep_index.cfm?DR_ID=33741
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| | Congressional Budget Office Raises 10-Year Cost Estimate for Medicare Prescription Drug Benefit to $849 Billion - ... |
| | Noam Neusner, spokesperson for the Office of Management and Budget, said, "The drug benefit is a necessary improvement to Medicare. | | | The Congressional Budget Office on Friday said that the Medicare prescription drug benefit will cost $849 billion over the 10-year period ending in 2015, up $54 billion from the agency's January projection, the | | | Analysts attributed the net spending increase to a higher estimated cost of basic benefits and a change in the cost of low-income subsidies under the original bill. |
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http://www.californiahealthline.org/index.cfm?Action=dspItem&itemID=109441&ClassCD=CL113
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| | CNY man to head budget office (Syracuse prof to head Congressional Budget Office) |
| | He is responsible for objective, nonpartisan budget forecasts, cost estimates and deficit projections. | | | But with the method known as ''dynamic scoring,'' which is preferred by the Republican budget chairmen, the projections would factor in revenues generated by economic growth resulting from the tax cut. | | | At the Congressional Budget Office, Holtz-Eakin, 44, will lead a staff of more than 250 professionals whose studies and reports become the basis for budgetary decisions. |
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http://www.freerepublic.com/focus/news/820831/posts
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| | IGLSS: Latest News |
| | The Congressional Budget Office found that allowing same-sex couples to marry would boost federal income tax revenues by $400 million per year til the end of this decade, mainly because of the so-called “marriage penalty.” Social security payments would rise over time, as would spending on spousal health insurance benefits for federal workers. | | | Amherst, MA---The Congressional Budget Office reported yesterday that allowing same-sex couples to marry would have a positive impact on the federal budget. | | | The net impact would be a federal budget savings of nearly $1 billion per year. |
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http://www.iglss.org/pubs/highlights/latest_news.html
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| | CONGRESSIONAL BUDGET OFFICE COST ESTIMATE |
| | The Congressional Budget Office (CBO) estimates that the proposal would reduce federal tax revenues by $230 million in 2002 and by $5.4 billion over the 2002-2011 period. | | | However, because the preemption only would prohibit the application of state regulatory law, CBO estimates that the costs of the mandate would not be significant and thus would not exceed the threshold established by UMRA ($56 million in 2001, adjusted annually for inflation). | | | The bill would affect the federal budget because it would result in higher premiums for employer-sponsored health benefits. |
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http://www.openminds.com/indres/paritycost.htm
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| | Congressional Budget Office |
| | This Office provides the Congress with assessment of the economic impact of the federal budget. | | | The assessment allows the Congress to have an overview of the annual budget and analyses of alternative fiscal, budgetary and policy issues. | | | Budget of the U.S. Catalog of U.S. Government Publications |
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http://www.mc3.edu/sa/lib/govdocs/cong-budg.htm
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| | Bruce Bartlett Opinion Editorial: A Different Role For The Congressional Budget Office |
| | Thus if there is a change in party control of Congress we should automatically expect a reorientation of the leadership at the CBO at least down to the assistant director level, as is the case at OMB when there is a change in administration. | | | Established in 1974 as the congressional counterpart of the president's Office of Management and Budget (OMB), CBO has never played quite the same role. | | | OMB is far more than just the administration's budget numbers cruncher; it is really its central domestic policymaking agency. |
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http://www.ncpa.org/oped/bartlett/nov498.html
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| | Groups Scramble to Defeat Budget Cuts - The NewStandard |
| | CBO estimates that about 45,000 enrollees would lose coverage in fiscal year 2010 and that 65,000 would lose coverage in fiscal year 2015 because of the imposition of premiums. | | | The 2006 budget reconciliation bill, if passed into law, would cut the federal Medicaid and Medicare budgets by $11.2 billion over five years. | | | The CBO report predicts a rise in healthcare costs by 2010 for about a fifth of Medicaid recipients, or 13 million low-income people, in the form of higher co-payments for services such as visits to physicians or hospitals. |
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http://newstandardnews.net/content/index.cfm/items/2748
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| | BREITBART.COM - Hurricane Tab Below Original Estimates |
| | The improved budget picture came despite increased costs for hurricane aid and rising monthly costs for the Iraq war. | | | As for hurricane damage, the CBO's Holtz-Eakin told the House Budget Committee that his office now estimates damage to homes, government buildings, oil refineries and businesses will cost between $70 billion and $130 billion. | | | Senate leaders such as Budget Committee Chairman Judd Gregg, R-N.H., also are working to bring that chamber along, though even implementing prior budget plans is proving difficult. |
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http://www.breitbart.com/news/2005/10/07/D8D376688.html
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| | Department of the Interior - Office of Budget |
| | Thank you for inviting me to discuss the fiscal year 2007 budget for the Department of the Interior. | | | Department of the Interior - Office of Budget | | | An amendment that requires that increases for SIPI and Haskell Tribal College be distributed in accordance with the needs based formula, that requires that the 2007 budget bring the amount of funding for these schools up to the need based on the formula, and that authorizes additional funds for SIPI. |
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http://www.doi.gov/budget
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| | The tax-cuts-for-the wealthy myth exposed :: by the Congressional Budget Office |
| | A new Congressional Budget Office (CBO) report produced at the request of Congressional Democrats confirms that tax cuts since 2001 increased the share of federal income taxes paid by the highest earners while decreasing the tax share of lower- and middle-income groups. | | | The CBO analysis, Effective Tax Rates Under Current Law, 2001 to 2014, shows that the income tax remains highly progressive, with the top 5 percent of earners paying more than half of all federal income taxes. | | | The tax-cuts-for-the wealthy myth exposed :: by the Congressional Budget Office |
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http://www.politicalforum.com/viewtopic.php?t=7158
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| | ARTBA Government Affairs: Congressional Budget Office's Projections |
| | The Congressional Budget Office (CBO) released its semi-annual baseline forecast of Highway Trust Fund revenues January 25, which will provide a foundation for preparation of the FY 2006 Congressional Budget Resolution. | | | The new figures show a significant increase in Highway Trust Fund (HTF) revenues from the same analysis CBO released last January—largely due to changes enacted in 2004 affecting the taxation of gasohol and fuel tax evasion. |
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http://www.artba.org/government/CBO_Analysis.htm
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| | Annotated Congressional Budget Web Sites |
| | Congressional Budget Office Provides the Congress with objective, timely, nonpartisan analyses needed for economic and budget decisions and with the information and estimates required for the Congressional budget process | | | Charged with examining matters relating to the receipt and disbursement of public funds, GAO performs audits and evaluations of Government programs and activities. | | | Congressional News and Analysis - A library of Congress Internet Resource Page Timely news |
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http://www.usgs.gov/budget/congsites.html
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| | Federal deficit seen $100 billion lower - washingtonpost.com Highlights - MSNBC.com |
| | The improving federal borrowing picture, they said, may just be bringing the administration's $521 billion deficit forecast more into line with the $477 billion deficit predicted by the nonpartisan Congressional Budget Office, Capitol Hill's official budget scorekeeper. | | | Democratic and Republican budget aides in the House warned yesterday that it was too early to reach conclusions. | | | Smaller-than-expected tax refunds and rising individual tax receipts will pare back federal borrowing significantly for the first half of this year and could reduce the $521 billion deficit projected for the fiscal year by as much as $100 billion, Treasury and congressional budget officials said yesterday. |
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http://www.msnbc.msn.com/id/4898377
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| | FactCheck.org A Rigged "Calculator" |
| | It's a fact that the Congressional Budget Office did publish a study of a proposed system of individual accounts in which it used a "risk-adjusted" figure of 3 percent for one part of its analysis. | | | To justify their lowball 3 percent figure, the calculator's authors state that it is "the same assumption used by the CBO for its Social Security analysis." That's not entirely true. | | | The calculator's authors claim that they use the same assumption used by the Congressional Budget Office. Actually, CBO projects a 6.8 percent gain. |
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http://www.factcheck.org/article319.html
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| | eRiposte Policy: Social Security Myths v. Reality |
| | The long-term cost of the Bush tax cuts is five times the budget office's estimate of Social Security's deficit over the next 75 years. | | | All you can have is a general budget crisis. | | | In fact, according to the Congressional Budget Office estimates, Social Security can be made solvent throughout its seventy five year planning period with a tax increase that is less than one quarter as large as the one in the eighties. |
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http://www.eriposte.com/policy/socialsecurity.htm
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