Economic Outlook and Fiscal Policy Choices

Economic Outlook and Fiscal Policy Choices

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This is a print on demand edition of a hard to find publication. Reviewing CBO's recent analyses of the economic outlook and the potential impact on the economy of various fiscal policy options. It also adds to those analyses by quantifying the economic impact of extending some or all of the 2001 and 2003 tax cuts that are scheduled to expire in three months. CBO expects -- as do most private forecasters -- that the economic recovery will proceed at a modest pace during the next few years. Charts and tables.B A temporary increase in infrastructure investment and a temporary across the board reduction in income taxes would have ... a change affecting all provisions but only through 2012 (a€œfull extension through 2012a€), and a change through 2012 but ... for this analysis was quite similar to the methodology that CBO uses in analyzing the Presidenta#39;s budget each spring. ... on the economy in 2011 and 2012 focus on the policiesa#39; impact on the demand for goods and services, because CBOanbsp;...

Title:Economic Outlook and Fiscal Policy Choices
Author: Douglas W. Elmendorf
Publisher:DIANE Publishing - 2011-01

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