Friday, March 21, 2008

An Analysis of the President’s Budgetary Proposals for Fiscal Year 2009
"This Congressional Budget Office (CBO) analysis of the President’s budgetary proposals for fiscal year 2009—prepared at the request of the Senate Committee on Appropriations— was produced by the staffs of CBO’s Budget Analysis, Macroeconomic Analysis, and Tax Analysis Divisions under the supervision of Peter Fontaine, Robert Dennis, and Thomas Woodward, respectively. CBO prepared the baseline revenue estimates and the estimates of selected revenue proposals; the Joint Committee on Taxation (JCT) prepared most of the estimates of the President’s revenue proposals. The report expands on CBO’s preliminary analysis, which was released on March 3, 2008."

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