Economic effects of long-term Federal obligations: hearing before the Committee on the Budget, House of Representatives, One Hundred Eighth Congress, first session, hearing held in Washington, DC, July 24, 2003
U.S. G.P.O., 2003 - Administrative agencies - 50 pages
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$1 trillion activities appropriate billion borrowing budget deficits budget window budgetary burden cash flows Chairman NUSSLE chart commitment committee Congress Congressional Budget Office costs of Federal credit reform DIAZ-BALART discretionary spending dynamic scoring economic cost economic growth effects entitlement programs Federal budget Federal government Federal programs Federal spending financed fiscal gap focusing future GALE going government spending Gregory Mankiw guarantee hearing HENSARLING HOLTZ-EAKIN impact income increase insurance programs interest rates issues JIM NUSSLE kind long run long-term fiscal look MAJETTE Medicaid Medicare prescription drug Michael Boskin national debt nomic numbers obligations outlays PAYGO PBGC percent of GDP percentage present value private sector problem projections question real fiscal danger reduce SCHROCK SCOTT Security and Medicare SHAYS side Social Security SPRATT talk tax cuts tax relief taxpayers testimony Thank things tion trillion dollars trust fund voted