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Budget and Economic Outlook 2015 to 2025

Title:
Budget and Economic Outlook 2015 to 2025
Format:
Paperback
USA Price: 
$32.00
$16.00
Display Foreign Price
Stock:
Low stock
GPO Stock Number:
052-070-07681-0
ISBN:
9780160927430
Description

The federal budget deficit, which has fallen sharply during the past few years, is projected to hold steady relative to the size of the economy through 2018. Beyond that point, however, the gap between spending and revenues is projected to grow, further increasing federal debt relative to the size of the economy—which is already historically high.

Those projections by the Congressional Budget Office, based on the assumption that current laws governing taxes and spending will generally remain unchanged, are built upon the agency’s economic forecast. According to that forecast, the economy will expand at a solid pace in 2015 and for the next few years—to the point that the gap between the nation’s output and its potential (that is, maximum sustainable) output will be essentially eliminated by the end of 2017. As a result, the unemployment rate will fall a little further, and more people will be encouraged to enter or stay in the labor force. Beyond 2017, CBO projects, real (inflation-adjusted) gross domestic product (GDP) will grow at a rate that is notably less than the average growth during the 1980s and 1990s.

ITEM AVAILABLE DATE 02/10/15.

NOTE: NO FURTHER DISCOUNTS FOR ALREADY REDUCED SALE ITEMS.

Audience

Policymakers, members of government, governmental agencies, and businesses will all want information on the Federal Budget since this data can affect future policy decisions and business and market trends. In addition, members of the general public who want to be informed about, and understand, the Federal Budget will enjoy this publication.

Product Details

Availability Details:
In Stock
USA Price:
$16.00
International Price:
$22.40
Publisher:
Congress, Congressional Budget Office
Year/Pages:
2015: 181 p.; ill.
Key Phrases:
  • Budgets
  • Economic Outlook
Weight:
1.4375
Quantity Price:
Discount
Cover:
Paper
Unit of Issue (US):
1
Unit of Issue (Non-US):
1
Item available Date:
02/06/2015
Last Status Update:
01/26/2017
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