2000 Budget of the United States Government - Effects on the Budget of Changes in Economic Assumptions since Last Year

Table 1-4. EFFECTS ON THE BUDGET OF CHANGES IN ECONOMIC ASSUMPTIONS SINCE (In billions of dollars) ________________________________________________ _ ________ _ ________ _ 1999 2000 ________________________________________________ _ ________ _ ________ _ Budget totals under 1999 Budget economic assumptions and 2000 Budget policies: Receipts................................................................................................................................................................................................................. 1,778.40 1,857.00 Outlays................................................................................................................................................................................................................. 1,743.10 1,789.00 ________ _ ________ _ Surplus................................................................................................................................................................................................................. 35.40 68.10 Changes due to economic assumptions: Receipts................................................................................................................................................................................................................. 27.90 25.90 Outlays: Inflation................................................................................................................................................................................................................. -4.90 -6.30 Unemployment................................................................................................................................................................................................................. -3.50 -2.40 Interest rates................................................................................................................................................................................................................. -6.40 -11.00 Interest on changes in borrowing......................................................................................................................-1.20 -3.60 ________ _ ________ _ Total, outlay decreases (-)............................................................................................................................-16.00 -23.30 ________ _ ________ _ Increase in surplus................................................................................................................................................................................................................. 43.90 49.20 Budget totals under 2000 Budget economic assumptions and policies: Receipts................................................................................................................................................................................................................. 1,806.30 1,883.00 Outlays................................................................................................................................................................................................................. 1,727.10 1,765.70 ________ _ ________ _ Surplus................................................................................................................................................................................................................. 79.30 117.30 ________________________________________________ _ ________ _ ________ _ECONOMIC ASSUMPTIONS SINCE LAST YEAR ________ _ ________ _ ________ _ ________ _ 2001 2002 2003 2004 ________ _ ________ _ ________ _ ________ _ 1,909.00 1,988.90 2,060.20 2,154.50 1,824.80 1,846.30 1,921.00 1,987.80 ________ _ ________ _ ________ _ ________ _ 84.10 142.60 139.20 166.80 24.40 18.10 14.80 11.00 -6.60 -6.90 -7.30 -7.90 -1.60 -0.70 -0.90 -1.00 -11.40 -10.00 -9.20 -8.30 -6.10 -8.40 -10.60 -12.70 ________ _ ________ _ ________ _ ________ _ -25.60 -26.00 -28.10 -29.90 ________ _ ________ _ ________ _ ________ _ 50.00 44.10 42.90 40.90 1,933.30 2,007.10 2,075.00 2,165.50 1,799.20 1,820.30 1,893.00 1,957.90 ________ _ ________ _ ________ _ ________ _ 134.10 186.70 182.00 207.60 ________ _ ________ _ ________ _ ________ _