Concurrent Resolution on the Budget for Fiscal Year 2003: Hearings Before the Committee on the Budget, United States Senate, One Hundred Seventh Congress, Second SessionU.S. Government Printing Office, 2002 - 656 pages |
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Page 10
... Amount assumed in Budget Resolution . Bush FY 2002 Tax Proposal So that is where we are . Obviously this leaves us with a very substantial challenge . And I think we are up to that . We certainly have dealt with fiscal difficulties ...
... Amount assumed in Budget Resolution . Bush FY 2002 Tax Proposal So that is where we are . Obviously this leaves us with a very substantial challenge . And I think we are up to that . We certainly have dealt with fiscal difficulties ...
Page 12
... amount and that we need an economic stimulus of a significant amount . That is how I see the set - up for this committee . I see members now on this committee that I have grown to know , even though we haven't been meeting on a regular ...
... amount and that we need an economic stimulus of a significant amount . That is how I see the set - up for this committee . I see members now on this committee that I have grown to know , even though we haven't been meeting on a regular ...
Page 16
... amount to a swing of over $ 300 billion , as your chart indi- cated , Mr. Chairman , and they alter our baseline forecast from a $ 300 billion surplus to a small , perhaps $ 20 billion deficit . A simi- lar pattern exists for 2003 ...
... amount to a swing of over $ 300 billion , as your chart indi- cated , Mr. Chairman , and they alter our baseline forecast from a $ 300 billion surplus to a small , perhaps $ 20 billion deficit . A simi- lar pattern exists for 2003 ...
Page 18
... amount of resources we now expend for all Federal programs . That means , quite simply , that other programs will ... amounts ; raise taxes to 30 percent of GDP - obviously unprecedented in our history ; or eliminate most of the rest of ...
... amount of resources we now expend for all Federal programs . That means , quite simply , that other programs will ... amounts ; raise taxes to 30 percent of GDP - obviously unprecedented in our history ; or eliminate most of the rest of ...
Page 21
... amount stems from both regular and supplemental appropriations . CBO's January 2001 baseline assumed that discretionary budget authority for 2002 would total $ 665 bil- lion . The actual amount appropriated for 2002 in the 13 regular ...
... amount stems from both regular and supplemental appropriations . CBO's January 2001 baseline assumed that discretionary budget authority for 2002 would total $ 665 bil- lion . The actual amount appropriated for 2002 in the 13 regular ...
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Common terms and phrases
Administration Administration's alternative minimum tax American Amtrak baseline believe benefits billion bioterrorism capital CBO's Chairman CONRAD committee Concord Coalition CONGRESS THE LIBRARY Congressional Budget Office Corps cost CRIPPEN DANIELS debt defense deficit discretionary spending dollars economic growth effect Enron estimates Federal Government fiscal year 2003 forecast future going GREENSPAN gross domestic product highway homeland security impact improve income increase infrastructure interest rates investment issue January long-term look Medicaid ment military Northeast Corridor On-budget operations outlook percent of GDP prescription drug President President's budget priorities projects proposed question recession reduce reform revenues Secretary THOMPSON Security and Medicare Senator BYRD Senator CORZINE Senator DOMENICI Senator STABENOW September 11 Social Security Trust statement stimulus surplus talking tax cuts Thank things tion trillion war on terrorism
Popular passages
Page 207 - America ; to maintain law and order ; to foster and perpetuate a one hundred per cent Americanism ; to preserve the memories and incidents of our association in the Great War ; to inculcate a sense of individual obligation to the community, state and nation: to combat the autocracy of both the classes and the masses, to make Right the master of Might; to promote peace and good will on earth ; to safeguard and transmit to posterity the principles of justice, freedom and democracy ; to consecrate and...
Page 276 - It's not surprising then that both the Congressional Budget Office and the Office of Management and Budget project deficits for this year and next as a result of the economic slowdown and the response to the September 11 attacks.
Page 324 - The United States of America will not permit the world's most dangerous regimes to threaten us with the world's most destructive weapons.
Page 379 - FY 2003 budget also provides $5.5 billion for research on cancer throughout all of NIH. Currently, one of every two men and one of every three women in the United States will develop some type of cancer over the course of their lives. New research indicates that cancer is actually more than 200 diseases, all of which require different treatment protocols. Promising cancer research is leading to major breakthroughs in treating and curing various forms of cancer. Our budget continues to expand support...
Page 383 - B deductible. We must make these improvements to more effectively address the health needs of seniors today and for the future. Let me assure you, the President remains committed to the framework he introduced last summer, and to bringing the Medicare program up to date by providing prescription drug coverage and other improvements. We cannot wait; it is time to act. Recognizing that there is no time to waste, the President's budget also includes a series of targeted immediate improvements to Medicare....
Page 379 - Our fiscal year 2003 budget enhances support for a wide array of scientific research, while emphasizing and supporting research needed for the war against bioterrorism. NIH is the largest and most distinguished biomedical research organization in the world. The research that is conducted and supported by the NIH offers the promise of breakthroughs in preventing and treating a number of diseases and contributes to fighting the war against bioterrorism. The...
Page 80 - In most cases, businesses required that new investments pay off much more rapidly than they had previously. For much of last year, the resulting decline in investment outlays was fierce and unrelenting. Although the weakness was most pronounced in the technology area, reductions in capital outlays were broad-based. These cutbacks in capital spending interacted with, and were reinforced by, falling profits and equity prices. Indeed, a striking feature of the current cyclical episode relative to many...
Page 527 - Ultimately, we should strive to hand to the next generations the legacy of a government that is effective and relevant to a changing society — a government as free as possible of outmoded commitments and operations that can inappropriately encumber the future.
Page 343 - Instead of maintaining two occupation forces, we will place greater emphasis on deterrence in four critical theaters, backed by the ability to swiftly defeat two aggressors at the same time, while preserving the option for one major offensive to occupy an aggressor's capital and replace his regime. Since neither aggressor would know which conflict would be selected for regime change, the deterrent is undiminished. But by removing the requirement to maintain a second occupation force, we can free...
Page 279 - AMT, and checks to those who didn't benefit from last summer's tax rebates — enjoy bipartisan support in both houses of Congress. I'm eager to work with all of you to complete work on a package to create jobs and assist dislocated workers with extended unemployment benefits and temporary assistance with health care. Second, the President's budget proposes strict fiscal discipline— increasing spending for national security and homeland defense, and holding the line on other spending. His management...