Budget Control Act Lowers Discretionary Spending After Stimulus Ends, but Only Temporarily
Created on December 4, 2014
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Source: U.S. Office of Management and Budget, Budget of the United States Government, Fiscal Year 2015: Historical Tables, 2014, pp. 172–178, Table 8.7, http://www.whitehouse.gov/ omb/budget/Historicals/ (accessed September 17, 2014), and Congressional Budget Office, “An Update to the Budget and Economic Outlook: 2014 to 2024,” August 2014, http://www.cbo.gov/publication/45653 (accessed September 17, 2014).
Tags: deficits, entitlements, federal-budget,