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The Federal Government's Long-Term Fiscal Outlook: January 2010 Update (open access)

The Federal Government's Long-Term Fiscal Outlook: January 2010 Update

Other written product issued by the Government Accountability Office with an abstract that begins "Since 1992, GAO has published long-term fiscal simulations of what might happen to federal deficits and debt levels under varying policy assumptions. We developed our long-term model in response to a bipartisan request from Members of Congress who were concerned about the long-term effects of fiscal policy. More recently, GAO has also begun publishing separate long-term fiscal simulations for the state and local government sector. GAO runs two simulations: (1) "Baseline Extended" follows the Congressional Budget Office's (CBO) January 2010 baseline estimates for the first 10 years and then simply holds revenue and spending other than large entitlement programs constant as a share of gross domestic product (GDP); and (2) the "Alternative" simulation is based on historical trends and policy preferences. Discretionary spending grows with GDP rather than inflation during the first 10 years, Medicare physician payment rates are not reduced as in CBO's baseline, all tax provisions are extended to 2020, and the alternative minimum tax (AMT) exemption amount is indexed to inflation through 2020; revenues are then brought back to their historical level. This update incorporates CBO's most recent baseline projections that were released …
Date: March 2, 2010
Creator: United States. Government Accountability Office.
System: The UNT Digital Library
Oral History Interview with Albert Brown, March 2, 2010 (open access)

Oral History Interview with Albert Brown, March 2, 2010

The National Museum of the Pacific War presents an interview with Albert Brown. Brown joined the Navy and served as a Radarman with amphibious forces at Guadalcanal for one year. In 1942, Brown worked aboard submarines as a specialist in surface attacks using radar. Admiral Chester Nimitz appointed him the officer in charge to create the Pacific Fleet Radar School for Senior Officers, and to instruct them in radar techniques. Brown completed this work through late 1945. He continued his service after the war ended.
Date: March 2, 2010
Creator: Brown, Albert
System: The Portal to Texas History