Analysis: FY 2017 Budgets Comparison
How do the House Budget and the President’s Budget differ?
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How do the House Budget and the President’s Budget differ?
The federal budget is on an unsustainable and damaging fiscal trajectory, according to a new report from the nonpartisan Congressional Budget Office.
https://www.pgpf.org/analysis/2019/02/cbo-report-highlights-unsustainable-fiscal-outlook
The report anticipates that in 2020 — for the first time since 1982 — the program’s total costs will exceed its total income.
CBO’s estimate of the cumulative deficit over the next 10 years totals $2.3 trillion more than the Administration had estimated.
National debt could climb from 74% of GDP in 2014 to 166% of GDP in 2039.
https://www.pgpf.org/analysis/gao-sends-clear-warning-long-term-debt-is-on-an-unsustainable-path
The report projects that in 2018 — for the first time since 1982 — the program’s total costs will exceed its total income.
The two proposals present distinct visions of the role of the federal government in our economy.
https://www.pgpf.org/analysis/fy-2015-budgets-comparing-chairman-ryans-and-the-presidents-proposals
Federal debt would rise to 78 percent of GDP in 2014 — higher than it has been at any point in our history since 1950.
https://www.pgpf.org/analysis/analysis-of-the-president%E2%80%99s-fiscal-year-2014-budget
The President’s budget reflects a dramatically worse fiscal outlook than last year’s version released just nine months ago.
CBO projects that federal debt will remain at historically high levels over the next decade under current laws and warns that such high levels of debt could harm the economy.
https://www.pgpf.org/analysis/cbo-warns-fiscal-path-is-unsustainable-and-threatens-economic-growth