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The 2017 United States federal budget is the United States federal budget for fiscal year 2017, which lasted from October 1, 2016 to September 30, 2017. President Barack Obama submitted a budget proposal to the 114th Congress on February 9, 2016. The 2017 fiscal year overlaps the end of the Obama administration and the beginning of the Trump ...
The 2017 New Jersey state government shutdown was the second shutdown in the history of the U.S. state of New Jersey after an eight-day shutdown in July 2006. [1] The shutdown occurred after the New Jersey Legislature and Governor Chris Christie failed to agree on a state budget by the constitutional deadline. Exercising his constitutional ...
A positive (+) number indicates that revenues exceeded expenditures (a budget surplus), while a negative (-) number indicates the reverse (a budget deficit). Normalizing the data, by dividing the budget balance by GDP, enables easy comparisons across countries and indicates whether a national government saves or borrows money.
CBO forecasts that the 2017 Tax Act will increase the budget deficit by $2.289 trillion over the 2018–2027 decade, or $1.891 trillion after macro-economic feedback. [114] CBO forecast in January 2017 (just prior to Trump's inauguration) that revenues in fiscal year 2018 would be $3.60 trillion if laws in place as of January 2017 continued. [119]
Fact-checkers noted that although Trump's speech to Congress had "fewer untrue statements than many of his remarks", [7] the address nevertheless included numerous false and misleading statements on a variety of issues, including the federal budget, immigration and crime, immigration and the economy, welfare, and the job impact of the Keystone ...
English: Some of the most conservative members of Congress are ready to vote for a budget that would balloon the deficit to more than $1 trillion per year by the end of the decade, all for the sake of eventually repealing the Affordable Care Act. The hard-line Republican House Freedom Caucus said they are prepared to support a budget measure ...
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The United States federal budget for fiscal year 2018, which ran from October 1, 2017, to September 30, 2018, was named America First: A Budget Blueprint to Make America Great Again. It was the first budget proposed by newly elected president Donald Trump, submitted to the 115th Congress on March 16, 2017. [4] [5]