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A CBO Report: The Cyclically Adjusted and Standardized Budgets: Updated Estimates [i) (October 2003)

handle is hein.congrec/cbo0763 and id is 1 raw text is: 





            A
            CBO
         REPORT

The Cyclically Adjusted and
   Standardized Budgels:
     tpdated Estimates
       October 2003


                                       Notes

Numbers in the text and tables of this report may not ad up to totals because of rounding.

All of the years referred to in relation to the budget and the business cycle are federal fiscal
years.

Deficits are tIegative surl)luscs.






                                    CONTENTS


Wily Alust c.asuLs of the Total l3udget SUtrluls'?


1li_('ycl~i+tl !y .Ad~ttstcd Surplus


_i Statdardimtl-Bthdget Surplus

'I tie I cttcts of Rcc lit Tax and Spending 1,cgishliij


Appendix: Details of CBO's 1tojections of the Slandardized IHtltgt


Tables


I.    Adjusted Measures of the Surflus, 1999-2004
A- 1. The Standardized-Budget Surplus, 1999-2004
A-2. Details of the Standardized-Budget Surplus, 1999-2001 (In billions of dollars)
A-3. Details of the Standardized-BudgCt Surplus, 1999-2004 (As a percentage of potential
      GDP)
A-4. The Standardized-BLudget Surplus and Related Series, 1962-2002 (In billions of
      dollars)
A-5. The Standardized-Budgel Surplus and Related Series, 1962-2002 (As a percentage of

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