Federal Budget: Revenues & Outlays

Comparing the projections of the Federal Budget after 2009: Baseline (if no change in policy were happen) vs the President’s Budget.

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Jason Seligman
April 28, 2009 at 1:36 pm

This is a wonderful post. It really begs the question, “What is the Obama administration doing proposing to cut revenues below the Bush Baseline?”
spencer
April 28, 2009 at 4:12 pm

The baseline scenario makes several unrealistic assumptions that make the baseline projections unrealistic small. They include the assumption that the Bush tax cuts
will expire and nothing will be done to eliminate the Alternative minimum Tax.

Consequently it is an extremely biased projection.
GS
April 28, 2009 at 11:35 pm

Can you chart the difference to see how “now” compares to the past? Charted with recessions?
ben rush
April 29, 2009 at 6:16 pm

there are no units on this chart! what is the vertical axis referring to?
Charles L. Baker
May 17, 2009 at 7:19 pm

This graph is FALSE. Don’t you remember that President Bush kept the cost of his two wars “off budget?”

While Obama is attempting to be honest and include everything – this was never done during the Bush years.

Read more details about this kind of lying here:

http://www.asymptosis.com/this-time-mankiws-just-plain-lying-and-he-knows-it.html

-Charlie
PB
May 27, 2009 at 5:03 am

This is a wonderful post. It really begs the question, “What is the Obama administration doing proposing to cut revenues below the Bush Baseline?”