The Budget and Economic Outlook: 2016 to 2026

The Budget and Economic Outlook: 2016 to 2026

Agency Publisher: Congress, Congressional Budget Office
USA List Price:
$29.00 Display International Price
Availability:
In Stock
GPO Stock Number: 052-070-07697-6 ISBN: 9780160932182
Price: $29.00

Description

Ten year economic forecast of the Federal budget by the CBO for long-term governmental planning is a valuable tool for decision-making by associated private sector industries. In addition, this is an important resource for media news organizations to inform the general public of the potential impact the economic climate has on personal life choices and decisions by Congress in shaping legislation affecting social and other key Federal public management responsibilities.

The CBO updates the Outlook on a yearly basis to ensure the latest economic changes are factored into the forecast.

 

Table of Contents

Summary
The Budget Deficit for 2016 Will Increase After Six Years of Decline
Growing Deficits Are Projected to Drive Up Debt
Solid Economic Growth Over the Next Few Years Will Reduce
Slack in the Labor Market
A Note About These Budget and Economic Projections
 

1 The Budget Outlook
A Review of 2015
The Budget Outlook for 2016
CBO’s Baseline Budget Projections for 2017 to 2026
Changes in CBO’s Baseline Since August 2015
Uncertainty in Budget Projections
Alternative Assumptions About Fiscal Policy
The Long-Term Budget Outlook
 

2 The Economic Outlook
The Economic Outlook for 2016 Through 2020
BOX 2-1. SLACK IN THE LABOR MARKET AT THE END OF 2015
The Economic Outlook for 2021 Through 2026
Projections of Income
Some Uncertainties in the Economic Outlook
Comparison With CBO’s August 2015 Projections
Comparison With Other Economic Projections
3 The Spending Outlook


BOX 3-1. CATEGORIES OF FEDERAL SPENDING
Mandatory Spending
Discretionary Spending
Net Interest
II THE BUDGET AND ECONOMIC OUTLOOK: 2016 TO 2026 JANUARY 2016
CBO
4 The Revenue Outlook
The Evolving Composition of Revenues
Individual Income Taxes
Payroll Taxes
Corporate Income Taxes
Smaller Sources of Revenues
Tax Expenditures
Accuracy of CBO’s Revenue Projections
A Changes in CBO’s Baseline Since August 2015
B How Changes in Economic Projections Might Affect Budget Projections
C The Automatic Stabilizers in the Federal Budget
D Trust Funds
E CBO’s Economic Projections for 2016 to 2026
F Historical Budget Data
List of Tables and Figures

Related items:

Analytical Perspectives, Budget of the U.S. Government, Fiscal Year 2017 is available at: http://vmlxbookstore01.gpo.gov/products/analytical-perspectives-budget-us-government-fiscal-year-2017

 

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.

Keywords: CBO, Congressional Budget Outlook, The Budget and Economic Outlook 2016 to 2026, federal budget, federal debt, U.S. economic predictions, U.S. tax expenditures, CBO historical budget data, labor market, projections of income

Product Details

GPO Stock Number:
052-070-07697-6
ISBN:
9780160932182
Availability Details:
In Stock - Warehouse and Retail (Priced)
USA Price:
$29.00
International Price:
$40.60
Publisher:
Congress, Congressional Budget Office
Author:
 
Year/Pages:
2016: 165 p.; ill.
Note:
 
Key Phrases:
Budget and Economic Outlook: 2016 to 2026
Federal Budgets
Budgets
Eonomic Outlook: 2016 to 2026
SuDocs Class:
 
Weight:
1.3125 lb.
Quantity Price:
Discount
Binding:
Paperback
Cover:
Paper
Subject Bibliography:
 
Unit of Issue (U.S.):
Each
Item Available Date:
04/19/2016
Last Status Update:
03/13/2017