Tags: outlook

Department of Defense's Needs Significantly Exceed the Funding Available under the Budget Control Act

November 7th, 2014
in econ_news

from the Congressional Budget Office [Editor's Note: Based on the recent election results with Republican control of the USA purse strings, this will become an entertaining discussion for the 114th Congress] To provide information about its plans b… more »

US Government Ends Physical Year 2014 with Estimated Deficit of $486 Billion

October 8th, 2014
in econ_news

from the Congressional Budget Office The federal government ran a budget deficit of $486 billion in fiscal year 2014, the Congressional Budget Office (CBO) estimates—$195 billion less than the shortfall recorded in fiscal year 2013, and the smallest de… more »

Economic Growth Expected to Pick Up in the Next Few Years

August 28th, 2014
in econ_news, syndication

from the Congressional Budget Office Yesterday CBO released its updated budget and economic outlook. To get a quick overview of our new economic forecast, view The Economic Outlook for 2014 to 2024 in 15 Slides. As described in both the report and slid… more »

Government Budget Trend Cannot Be Maintained Indefinitely

September 28th, 2013
in econ_news, syndication

Testimony by the Congressional Budget Office (CBO) before the Committee on the Budget, U.S. House of Representatives In brief, between 2009 and 2012, the federal government recorded the largest budget deficits relative to the size of the economy since… more »

CBO: Expects Slow Growth in 2013

February 6th, 2013
in econ_news, syndication

CBO expects that economic activity will expand slowly this year, with real GDP growing by just 1.4 percent. That slow growth reflects a combination of ongoing improvement in underlying economic factors and fiscal tightening that has already begun or i… more »




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