CBO的意思|CBO的解释-里氏词典

CBO

=Channel Bus Out 通道总线输出

Rostenkowski, in a statement on the new report, said the reduction in tax burdens for the wealthy was "staggering." The CBO conclusion is essentially the same as that in a study by Citizens for Tax Justice that was made public Thursday.
But the CBO says administration budget-writers adopted unrealistically rosy economic assumptions.
The CBO said that Bush's budget would leave a deficit of about $109 billion, not including sell-offs of government assets which don't count as deficit reduction under Gramm-Rudman.
By that standard, the CBO said, the United States devoted 6.7 percent of its gross domestic product to defense in 1986.
The CBO figures that the deficit for the year beginning Oct. 1, under Gramm-Rudman accounting rules, will be $153 billion.
"Tax collections during the month of April and early May fell short of our estimates by $15 billion," said Paul Van der Water, a CBO analyst.
Preliminary 1990 projections sent to Congress earlier this month by CBO are more pessimistic than the White House, with economic growth of 1.7 percent and 90-day interest rates of about 7.2 percent.
Blum noted that over the years, White House economic forecasts have been more optimistic than those coming from CBO, and said choosing between them is "a political judgment call" Congress must make.
According to CBO, the 1995 deficit will be $119 billion unless action is taken.
The White House said its program would reduce the deficit to about $61 billion, far less than the CBO's $131 billion.
But in practice the CBO report is political dynamite because it implies the Clinton plan would result in a huge expansion of the public sector.
The projections by CBO, a legislative agency that supplies non-partisan fiscal guidance to Congress, play no role in Gramm-Rudman procedures.
But CBO's figures, which the agency officially releases Thursday, are noteworthy because they are respected by lawmakers and private economists, who use them to measure the fiscal effects of programs and legislative proposals.
Most of this difference is to be explained by more conservative CBO economic projections, and thus far the economy seems to be on a more optimistic path.
CBO also said that: _This year's budget deficit will be $159 billion, about $2 billion lower than the administration projects.
"CBO estimates that the administration's program for the B-2 bomber would cost about $76.7 billion based on the best information we have," the office said in the letter.
Democrats point out that CBO and many private economists have been expecting the higher deficit figures for months.
But that will be $4 billion less than those programs would need to stay even with inflation, CBO says.
CBO had projected the 1989 deficit at $155 billion just last month, but increased that figure based on expectations of higher spending for agriculture, housing and the savings and loan crisis.
In rewriting the statute, Congress relegated the CBO to advisory status.
The CBO now forecasts that the economy will grow 2.8% in 1992, slightly below the office's earlier 3.3% forecast.
CBO used a forecast that included 2.9 percent growth for the economy, an inflation rate of 4.9 percent and 7.9 percent short-term interest rates.
However, Domenici said CBO might have found more encouraging trends among such families if it had taken into account such non-cash programs as food stamps and the 1986 tax law that took millions of low-income families off the tax rolls.
The shipbuilding budget for 1990 totals $11.4 billion, the CBO said.
Nonetheless, the CBO figures are widely respected on Capitol Hill.
One big difference is that the CBO estimates the president's tax increase proposals are worth $9.4 billion, compared with $15.7 billion in the administration estimate.
"These people would have their lives disrupted, face at least temporary unemployment and lose the chance to receive the retirement benefits that may have been an important factor in their earlier decisions to re-enlist," the CBO said.
"I'm tempted to say: `Read my book,'" he says, referring to a CBO budget analysis published earlier this year.
The senator said the bill requires that all forms generated be destroyed within 60 days and that the CBO estimates are for another bill requiring different federal background checks.
Anyhow, where did this CBO economist get his information if not from all the data that gave different answers?

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