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i found it interesting
government reported
there
more probably
spawned some
it you can do
debate
and simply let venturing
about any deficit
and uh... current
media princy on the budget
so the report was generated time to congratulate their sir
that
let man agent p
that happened bt
when history
and respond to congress's requests war
detail information
they're really it sounds like a bunch of laughter and agency is underneath a parked car
uh...
but and this report was pathetic
about
the
but you can do
i need the budget deficit
their incurred
between
two thousand one to two thousand
in actual main of the reported
the impact of major legislation on budget deficits
he doesn't want to do
none cheer title of the report some would say he has indicated that mysterious is trying
to find plane upon
me and
with administration
or uh...
partly on
the republicans control congress string theaters
after reading through the report actually came to the conclusion that i think need
urea trying and wanted u
and and but you don't
so after reading the report
appearances
depending wind non-political you know
projected surpluses
during the last decade and we actually deficit
it just happens to be dead it was a republican president and republicans
happily republican congress
that
uh... enacted a lot of the legislation
but the results that were into the report
a democratic congress republican president cory
renewable
so uh...
ticket uh... justin agrees
educated
fml that unwanted to remain
some include to think that
from the report
emphatically too tight too good to think that
there's tax for changes
and aeromar
expanded
all the tax law changes in the report
equal
loss in revenues for the federal government
the he
it interchanges
uh...
outlays that billy
uphold
in the report
now it's up to
increased
deficit
for the budget
in combination piercing the two types of changes
anymore
uh... more
lor
largely responsible or
deficit crichton
that we face at that time
making a conclusion come to the end because that was that uh... they give him
crime when the report was written last year
but now in the media has been call the support
uh... and there's a lot of numbers
but
university give a good realistic perspective then
it's a very of the different changes because the monetary value placed upon the change
uh... indicates how
centurion pack
so i'll start with the tax changes
several major tax laws passed through congress reduced
federal government revenues
including
the economic growth and tax relief reconciliation act of two thousand one
the content protection and reconciliation act of two thousand three
and working families tax relief act of two thousand or
on in and repeated basis
estimates by the conventional budget office
and the joint committee on taxation
at the time of legislative enactment
played that but all anticipated home
need there you will
that one point six
trillion dollars for fiscal year two thousand one fiscal year two thousand eleven
so the cost of three tactful changes at the very beginning at the last decade
cost us one and three quarters trillion dollars
there were two other tactics
in response to a significant weaknesses in the u_s_ economy
economic and act of two thousand
provided a refundable individual
income-tax meeting
the joint committee on taxation estimated and generate heat up to me has already increased
federal budget deficits approximately one hundred and twenty four point five billion
dollars it's mutually company ghostly acute alchemist t
off
to provide additional economic stimulus
commitment to the american recovery and reinvestment act of two thousand nine
on henry and
in two thousand ten
the congressional budget office estimated that baseball quilting bees
battle budget that in sixty three billion dollars ten years
stock
the taxol changes at the very beginning at two decades
incurred for that decade
one three-quarters trillion-dollar local residents of the federal government
alter
in basically over the next
ten years
changes towards the end of the last decade incurred another loss in revenue growth
just under
one trillion dollars
so changes in tax fall between two thousand one and two thousand nine
incurred
internal
along revenue out
almost three trillion dollars
that window time november
indepen
and call heating or
on
we lol
conspiracy theorist report that
and actual reinventing
incurring yet more walt whitman
so that data particular support was jus
written last year
so they didn't know about the tax court angels and is one thing is there's even brother also
resident beyond what
five walton listed here
right now to direct expenditures
the very beginning decades
in medicare prescription drug in prison and modernization act of two thousand
established a new medicare part d prescription drug program
which the conventional budget office originally projected to cost five hundred eighty three
point three billion dollars over ten years
caliber
the board of trustees for medicare estimated and may two thousand nine third-party expenditures
because
three and an eighty one point three billion dollars from this experience
so if you have to be compelling video
dekhna somebody in the opposite over estimated cost of medicare
probably change
in actuality it's costing us
uh... carpenter government
about one into and willa animal ten
in milan increase
in expenditures of almost four hundred billion dollars
would
on september six two thousand eight
removing all team weekend economic
and shootings
the federal housing finance agency except that it's already provided in the bag housing
and economic recovery act of two thousand eight
by fannie mae and freddie mac engine conservatorship
in two thousand not
impersonal but not note that the people
the independent bed naked right now and one billion dollars it's only a few thousand
surfing the internet call
about three hundred billion dollars
emergency economic stabilization act of two thousand feet
established the trouble affect early program or tart
in january two thousand and the congressional budget office project a carpool increased
budget deficits by next nine billion dollars of the complete duration organ
economic recovery expenditure included
cost the federal government internal just under four hundred billion dollars
to stimulate the economy directly by
taking of any kidnapped and by really moving leotard
costs
about paying call and any medicare cantor
labor costs about four hundred eight dollars
now the final an objection
funding for the global war on terror operations
and provided primarily through emergency supplemental appropriations
up until your conduct more perfect community about the night
congress approved legislation appropriating nine hundred and forty three twenty billion
dollars from military operations in iraq and afghanistan
that an independent party doing knowledgeable
unknown
allocated directly to the department of defense
step
the final expenditure increase
what the facts
just under nine rental and incorrectly
informal and about international
in seventeen
them down
without being detected to defend outside the department sent
department of homeland security department energy yeah
in total
ni expenditure increases between two thousand one two thousand nine
ever enacted by the emergency legislation cost the federal government an additional
one trillion dollars
so that we have on the expenditures increased between two dozen went without them knowing
we have all the exporting
exporting jobs cost the federal government
about three twenty dollars some of the coffin still being occurred
uh... about one to two trillion dollars within her between two thousand
the expenditure increases let me know program rebecca anymore
increase by
two trillion dollars
about
four five hundred billion or make your point
abandon or
economic recovery dot
and then an additional
one hundred
one hundred
one thousand billion or one trillions of dollars and acts
central
new trim
lol lebanon
impactful changes
tax break
walls
animal immediate
increase
so the the two basic g_p_ bits of information here
i think or ordinary compound preparing and situation because
they begin that report what
we weren't had india
here's where we were supposed to be
after recording in fiscal year two thousand federal budget surplus
uh... ugandan
thirty six point two billion dollars
the conventional budget office in january two thousand one project continued surpluses
through out indicates
in fiscal year two thousand two
budget recorded a deficit for the first time since nineteen ninety seven
and federal
government as running that distance each
but the at here
set
i congratulated on expected the computer cause
during his entire
trafficking in human wednesday
instead
of having edit surplus as expected growing two hundred
certainly uh... that a quarter billion dollar
quarter trillion dollar
surplus to thirty six billion is one thing
estimating
instead of that surplus norman everytime
they happened
rekha
described and summer
africa's owns a little more an intellectual conversation about
wearing armani word here interpreted
situation
envy
and can introduce media and fear
the head
inflamed some p
in in
in analytical
changes
that need to be made
it can happen to me because than any and
so have fun with that gurion again title of the report was
from congressional research service
hall
the impact of native legislation on budget deficit
two thousand one two thousand
then