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Federal Budget Outlook and Economic Implications
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Editors: Michael S. Okada
Book Description:
The federal budget is central to Congress's ability to assert its "power of the purse." Federal budget decisions express Congress's priorities among competing aims and reinforce Congress's influence on federal policies. The budget also affects, and is affected by, the national economy as a whole. The federal budget over the next few fiscal years will likely face significant challenges to both revenues and outlays as a result of recent turmoil in the economy and financial markets. This new book explores the federal budget outlook and economic implications as concerns remain about the federal government's long-term fiscal situation. The rising costs of federal health care programs and the effects of the baby boom generation's retirement present serious challenges to fiscal stability. (Imprint: Nova)

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Table of Contents:

The Federal Budget: Current and Upcoming Issues, pp. 1-40
(D. Andrew Austin, Mindy R. Levit)

The Economic Implications of the Long-Term Federal Budget Outlook, pp. 41-77
(Marc Labonte)

The Federal Government's Long-Term Fiscal Outlook, pp. 79-91

The Effects of Automatic Stabilizers on the Federal Budget, pp. 93-106
(Congressional Budget Office)

The Budget Resolution and Spending Legislation, pp. 109-119
(Megan Suzanne Lynch)

Chapter Sources pp.121-122

Index pp.123-128

      Economic Issues, Problems and Perspectives
      American Political, Economic, and Security Issues
   Binding: Hardcover
   Pub. Date: 2011 1st quarter
   Pages: 128.pp
   ISBN: 978-1-61761-769-0
   Status: AV
Status Code Description
AN Announcing
FM Formatting
PP Page Proofs
FP Final Production
EP Editorial Production
PR At Prepress
AP At Press
AV Available
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Federal Budget Outlook and Economic Implications