Mid-session Review of the Office of Management and Budget: Hearing Before the Committee on the Budget, United States Senate, One Hundred Fourth Congress, First Session, August 1, 1995U.S. Government Printing Office, 1995 - 73 páginas |
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Palavras e frases frequentes
actuaries Administration's appropriation bill balance the budget balanced budget baseline believe BILL FRIST bipartisan Chairman DOMENICI changes Clinton Administration Response committee Congress Congressional Budget Office cut taxes deficit reduction discretionary spending DON NICKLES economic assumptions economic dividend estimates February budget Federal fee-for-service plan Financing Administration going growth of medicare HCFA Health Care Financing income insolvent JAMES EXON long-term managed care medi medicare and medicaid medicare cuts Medicare Trust Fund Mid-Session Review OPENING STATEMENT outlays Overly Tight Growth percent premium President's plan program costs projections rate of growth reform Republican Budget Resolution Republican plan Republican proposal Response to Trust RIVLIN savings Senator ABRAHAM Senator CONRAD Senator EXON Senator FRIST Senator GREGG Senator LAUTENBERG Senator Nickles set of numbers talking Thank things Tight Growth Rates train wreck trillion Trust Fund Problems trying U.S. GOVERNMENT PRINTING UNITED STATES SENATE veto White House
Passagens conhecidas
Página 4 - Senator Conrad? OPENING STATEMENT OF SENATOR CONRAD Senator CONRAD. Thank you, Mr. Chairman, and I thank Director Raines for being here.
Página 5 - STATEMENT OF ALICE M. RIVLIN, DIRECTOR, OFFICE OF MANAGEMENT AND BUDGET Dr. RIVLIN. Thank you very much, Mr.
Página 6 - ... budget and a program for this government that is fiscally responsible, preserves and strengthens the activities people need from their government, and eliminates or changes those activities that are not working well. It is a hard job, and we want to work together with you. [The prepared statement follows:] TESTIMONY OF ALICE M. RIVLIN DIRECTOR, OFFICE OF MANAGEMENT AND BUDGET BEFORE THE HOUSE COMMITTEE ON WAYS AND MEANS FEBRUARY 9, 199 S Mr.
Página 10 - ... Federal employment by 100,000 on the way to eliminating 272,900 full-time equivalents by the end of this decade. Education and training are prominently featured in this budget plan. The President provides full inflation protection for National Service, the GI Bill for America's Workers training programs, and Goals 2000. He provides enough funds for Pell Grants to keep up with inflation and serve the growing student population. We are emphasizing new and more efficient programs, not the more intrusive...
Página 8 - Greenspan said that prospects for sustained, noninf lationary growth are the best in a generation. The President's 1993 plan is the base upon which we will build future policy. Without this plan, which no Member of Congress in either party proposes to repeal, no plan on the table today would have any chance of balancing the budget in the foreseeable future. The President's Balanced Budget Plan Our long-run deficit outlook is much improved, with the nation carrying over Si trillion less debt by the...
Página 12 - ... necessary child care and work programs. It maintains the nutritional safety net, targets support to the neediest, and protects poor children. We believe...
Página 12 - The Issue of Baselines As long as the congressional budget process has existed -- about 20 years -- the Administration and Congress have differed over economic assumptions and budget estimates. Appropriately, Congress set up its own estimating authority to provide independent information. Over the years, CBO and OMB usually have had different baseline estimates, though usually the differences were not large.
Página 12 - This year, the estimating differences have two major sources. Different economic assumptions account for about half of the difference in deficit estimates. Different technical estimates of health care spending account for about another quarter. A myriad of other factors account for the rest. These differences are modest. According to C3O itself, "The economic assumptions of CBO and the Administration appear quite similar.
Página 10 - Reduction Trust Fund; and environmental protection, with consolidation of the Clean Water and Safe Drinking Water State Revolving Funds.