Budget and Economic Outlook: Fiscal Years 2008 to 2018 (Google eBook)

Front Cover
Government Printing Office
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Contents

The Budget Outlook
1
A Review of 2007
3
The Concept Behind CBOs Baseline Projections
5
Changes in CBOs Baseline Since August 2007
9
Uncertainty and Budget Projections
11
Federal Debt Held by the Public
15
The LongTerm Budget Outlook
18
The Economic Outlook
21
The Spending Outlook
51
Mandatory Spending
55
Discretionary Spending
69
Net Interest
75
The Revenue Outlook
79
CBOs Current Revenue Projections in Detail
82
The Effects of Expiring Tax Provisions
99
Changes in CBOs Baseline Since August 2007
107

The Threat to the Economy From the Turmoil in the Financial Markets
23
The Prospect of Slow Economic Growth in the Near Term
30
The Persistent Risk of Higher Inflation
39
The Outlook Through 2018
41
Projections of Income
44
Changes in the Outlook Since August 2007
45
How CBOs Forecast Compares With Others
47
Trust Funds and Measures of Debt
119
How Changes in Economic Assumptions Can Affect Budget Projections
125
The Treatment of Federal Receipts and Expenditures in the National Income and Product Accounts
133
CBOs Economic Projections for 2008 to 2018
143
Historical Budget Data
147
Contributors to the Revenue and Spending Projections
161
Glossary
165

Common terms and phrases

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