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Budget for Fiscal Year 2006 / Philip D. Winters.
HeinOnline Taxation & Economic Reform in America, Parts I & II, 1781-2010 Available online
View online- Format:
- Book
- Author/Creator:
- Winters, Philip D., author.
- Series:
- CRS report for Congress, RL32812.
- CRS report for Congress, RL32812
- Language:
- English
- Subjects (All):
- Expenditures, Public.
- Budget--United States.
- Budget.
- Physical Description:
- 1 online resource (27 pages) : illustrations.
- Place of Publication:
- Washington, D.C. : Congressional Research Service, the Library of Congress, 2006.
- Summary:
- The Administration's Mid-Session Review (July 2006) had a revised deficit estimate for FY2006 of 296 billion (2.3% of gross domestic product). This was over 100 billion below the FY2006 deficit estimate in the President's FY2007 budget (February 2006). On March 17, 2005, the House and Senate adopted their respective budget resolutions for FY2006. After extensive leadership discussion, a conference reached agreement on April 28; both chambers adopted it later that day. The conference agreement included reconciliation instructions for mandatory spending reductions, tax reductions, and an increase in the statutory debt limit. This report explores these issues in full, as well as detailing additional legislation regarding the FY2006 Budget and budget resolutions.
- Notes:
- Description based on publisher supplied metadata and other sources.
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