Deficit Reduction Proposals: Hearings Before the Committee on Finance, United States Senate, Ninety-eighth Congress, First Session, December 12, 13, 14, 1983U.S. Government Printing Office, 1984 - 801 pages |
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Page 3
... investment and inventory . Consum- ers will make decisions about home purchases based on prevailing mortgage rates . Investors will make decisions based on their best judgment of future developments . All of them will act throughout the ...
... investment and inventory . Consum- ers will make decisions about home purchases based on prevailing mortgage rates . Investors will make decisions based on their best judgment of future developments . All of them will act throughout the ...
Page 15
... investment Residential investment 1982 1983 1981 1982 Q3 Q4 Q1 Q2 Q3 2.6 1.8 2.7 1.4 5.2 -4.7 -1.9 -1.0 -1.3 2.6 9.7 7.7 -0.7 -1.5 4.5 0.6 6.8 0.9 3.6 2.9 10.0 -8.8 -6.6 5.1 3.0 -1.5 7.9 16.3 -5.2 -15.4 -13.0 53.2 57.3 79.5 30.1 0.8 1.8 ...
... investment Residential investment 1982 1983 1981 1982 Q3 Q4 Q1 Q2 Q3 2.6 1.8 2.7 1.4 5.2 -4.7 -1.9 -1.0 -1.3 2.6 9.7 7.7 -0.7 -1.5 4.5 0.6 6.8 0.9 3.6 2.9 10.0 -8.8 -6.6 5.1 3.0 -1.5 7.9 16.3 -5.2 -15.4 -13.0 53.2 57.3 79.5 30.1 0.8 1.8 ...
Page 16
... investment is being offset by the net favorable effects of the tax acts of 1981 and 1982 - the Economic Recovery Tax Act ( ERTA ) and the Tax Equity and Fiscal Responsibility Act ( TEFRA ) . Housing has also recovered at a normal rate ...
... investment is being offset by the net favorable effects of the tax acts of 1981 and 1982 - the Economic Recovery Tax Act ( ERTA ) and the Tax Equity and Fiscal Responsibility Act ( TEFRA ) . Housing has also recovered at a normal rate ...
Page 18
... investment and investment in producers ' durable equipment were a little stronger than anticipated . Some interest rates have fallen a little faster than forecast . But the main lines of the economic situation are much as expected in ...
... investment and investment in producers ' durable equipment were a little stronger than anticipated . Some interest rates have fallen a little faster than forecast . But the main lines of the economic situation are much as expected in ...
Page 36
... INVESTMENT : RECOVERING FROM A LOW BASE. TROUGH IS - .00 1 FIGURE 4. BUSINESS INVESTMENT HAS GROWN ABOUT AS USUAL NONRESIDENTIAL FIXED INVESTMENT ( 1972 DOLLARS ) 1.14- 1. 10+ 1.08- 1.06- CURRENT RECOVERY 1.04 1.02 + TROUGH 1S 1.00 1.20 ...
... INVESTMENT : RECOVERING FROM A LOW BASE. TROUGH IS - .00 1 FIGURE 4. BUSINESS INVESTMENT HAS GROWN ABOUT AS USUAL NONRESIDENTIAL FIXED INVESTMENT ( 1972 DOLLARS ) 1.14- 1. 10+ 1.08- 1.06- CURRENT RECOVERY 1.04 1.02 + TROUGH 1S 1.00 1.20 ...
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Common terms and phrases
Administration American average balance benefits billion borrowing budget deficits budget resolution capital formation CHAIRMAN changes Congress Congressional Budget Office continue corporate cost December 12 defense spending deficit problem deficit reduction package depreciation dollar economic growth economic recovery effect employment energy tax equity expenditures federal deficit Federal Reserve federal spending fiscal policy forecast funds going government spending gross national product high interest rates higher impact incentives income tax indexing industries inflation investment item allocations large deficits legislation major Medicare monetary policy outlays partner partnership payments PENNER percent of GNP percentage points President private sector projected proposal real interest rates recession reduce the deficit result revenues rise Robert Dole royalty trust savings Senate Finance Committee Senator MITCHELL Social Security spending cuts spending reductions statement STHEA student loans substantial surtax tax cuts tax increases tax rates taxation Treasury
Popular passages
Page 732 - ... at least 80 percent of the total combined voting power of all classes of stock entitled to vote, and at least 80 percent of the total number of shares of all other classes of stock (except nonvoting stock which is limited and preferred as to dividends...
Page 319 - Committee therefore recommends the following: 1. Congress, the Office of Management and Budget (OMB), the Congressional Budget Office (CBO) and the General Accounting Office (GAO) should agree on the definitions for all credit terminology. Currently, major differences exist in the interpretation of these terms. A unified effort would produce the reliable data necessary to assess and establish responsible levels of federal credit activity.
Page 732 - Section 351 (a) provides, in general, for the nonrecognition of gain or loss upon the transfer by one or more persons of property to a corporation solely in exchange for stock or securities in such corporation...
Page 484 - Statement by William R. Button, Executive Director National Council of Senior Citizens 925 15th Street, NW Washington, DC 20005 before the US Senate Committee on Labor and Human Resources June 21, 1984 Mr.
Page 322 - Acts; and (C) to make payments (including loans and grants), the budget authority for which is not provided for in advance by appropriation Acts, to any person or government if, under the provisions of the law containing such authority, the United States is obligated to make such payments to persons or governments who meet the requirements established by such law.
Page 142 - The views expressed in this testimony are those of the author and do not necessarily reflect the official policy or position of the Department of Defense or the US Government.
Page 733 - Section 112(b) (5) to save the taxpayer from an immediate recognition of a gain, or to intermit the claim of a loss, in certain transactions where gain or loss may have accrued in a constitutional sense, but where in a popular and economic sense there has been a mere change in the form of ownership and the taxpayer has not really "cashed in" on the theoretical gain, or closed out a losing venture.
Page 737 - ACRS, 15 years); (2) amortization of certified pollution control facilities (the excess of 60-month amortization over depreciation otherwise allowable); (3) in the case of certain financial institutions, the excess of the bad debt deductions over the amount of...
Page 322 - Such term does not include authority to insure or guarantee the repayment of indebtedness incurred by another person or government.
Page 54 - Mr . Chairman/ it is an honor to be here today to present our foreign economic assistance proposals for the coming fiscal year.