“ Estimated Budgetary Effects of Public Law 117-169, to Provide for Reconciliation Pursuant to Title II of S. “ Estimated Impact of the American Recovery and Reinvestment Act on Employment and Economic Output from October 2011 Through December 2011,” ( of PDF).Ĭongressional Budget Office.
“ Historical Tables: OMB: President’s Budget,” download Excel “Table 3.2-Outlays by Function and Subfunction: 1962–2028.”Ĭongressional Budget Office. “ What Is the National Debt?”įiscal Data, U.S. Yellen Sends Letter to Congressional Leadership on the Debt Limit.”įiscal Data, U.S. Jobs and Growth Tax Relief Reconciliation Act second Iraq Warīailout cost $250 billion American Recovery and Reinvestment Act (ARRA) added $242 billionĪRRA added $400B payroll tax holiday ended Obama tax cuts Affordable Care Act Simpson-Bowles debt reduction planĭebt crisis, recession, and tax cuts reduced revenue Long-Term Capital Management crisis recessionĩ/11 attacks Economic Growth and Tax Relief Reconciliation Act Watergate Nixon resigns budget process createdįed Chairman Volcker raised fed rate to 20%
Nixon ended gold standard OPEC oil embargo Truman’s first-term budgets and recession