He has also issued a second budget estimate based on evidence from the 1960s, 1980s and 2000s that tax reform and spending restraint will increase GDP by about 0.5 to one percentage point a year.
Congressional budget analysts estimate that nearly 6 million will have to pay a tax penalty for not getting health insurance once the Affordable Health Care law is fully in place.
Increases in the estimated impact of the law on private insurance premiums, along with increases in the estimated cost of health care more generally, have led the Congressional Budget Office to increase its estimate of the budget cost of the law's coverage expansion.
We've been slapping each other high fives when we negotiate down an estimate to our budget.
But we have certainly attempted to base the budget projections on our best estimate of what lies ahead.
On Tuesday, the Congressional Budget Office released its 2012 estimate on the ten- year projected cost of the Affordable Care Act.
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The central projection in the latest graph shows that the Bank predicts growth somewhere between 2.5% and 3% next year, below its previous forecast, but above the Office for Budget Responsibility's current estimate of 2.3%.
By the CIA's estimate, its defense budget was just 0.59% of GDP in 2005.
The group refused to give any details, pending a cost estimate from the Congressional Budget Office expected Wednesday.
The French government raised its estimate of its 2003 budget deficit from 2.6% to 2.8%, edging ever closer to the Maastricht treaty's 3.0% limit.
First, budget projections depend on an accurate estimate of economic growth.
The most recent estimate by the Congressional Budget Office for this year's sequester is that nondefense spending will be cut by 4.6% and defense spending will be cut by 7.9%.
So it's the Senate bill, we know how much that costs -- but with these changes, are you going to get the Congressional Budget Office to give a final estimate, or do you guys come up with your own?
In 2010, the White House and the Congressional Budget Office seized upon the lowest estimate they could find: A brief from Rob Valetta and Katherine Kuang at the San Francisco Fed which suggested that extended unemployment benefits had added only 0.4 percentage points to the unemployment rate by December 2009.
Also Friday, the government said it narrowed its fiscal deficit to 4.9% of GDP in the last fiscal year, below the 5.2% estimate made in the federal budget announced in February.
The forecast is within the 6.1%-6.7% growth range predicted by the government in its budget presented late February and is faster than the estimate of 5% growth in the just-ended fiscal year.
The Innovation Alliance is particularly concerned about lawmakers' lack of analysis of a recent cost estimate of the House bill by the Congressional Budget Office, just released Tuesday.
The Congressional Budget Office long-range projections are growing worse with each estimate, and that assumes a very rosy 3% or more growth in the economy for each of the next five years.
Like the net lease, estimate what these extra expenses will be for comparison and budget purposes.
But the budget is not the place to project a very specific, precise estimate that implies when your troops move and what your levels of activities will be out in the future.
Some important caveats here: TPC did not estimate the revenue effects of a Ryan tax proposal since the budget does not include an actual plan.
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Local authority leaders originally forecast 100, 000 posts would go as a result of October's Spending Review, but revised up its estimate a month later after studying the impact of planned town hall budget cuts.
The Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT) estimate that the mandate alone, separate and apart from the other provisions in ObamaCare designed to induce people to buy insurance, will be responsible for bringing in 16 million newly insured about half of the total estimated number of newly insured.
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The budget for stadium construction and renovation has risen by over 60% from the initial estimate.
Maybe the estimate Obama gives for his tax increase will be endorsed by the Congressional Budget Office and Joint Tax Committee.
He refused to provide Congress with any estimate of the costs of the war before it started and while both houses were considering his budget plans.
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