Sequestration Preview Report for Fiscal Year 1999
Abstract
The Congressional Budget Office (CBO) estimates that the statutory limits on discretionary spending detailed in this sequestration report would allow the Congress and the President to increase appropriations slightly for 1999 - although by less than the expected rate of inflation. For mandatory spending and revenues, the modest pay-as-you-go balance that is available in 1998 would allow a small increase in mandatory spending or reduction in revenues without triggering a sequestration.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 28, 1998
- Accession Number
- ADA347245
Entities
Organizations
- Congressional Budget Office