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Summary
| Description |
English: Projections by National Commission on Fiscal Responsibility and Reform Understanding the ChartThe chart is from page 10 of the final report of the National Commission on Fiscal Responsibility and Reform, which was issued in December 2010. The following is the chart caption in the report: "The Extended-Baseline Scenario generally assumes continuation of current law. The Alternative Fiscal Scenario incorporates several changes to current law considered likely to happen, including the renewal of the 2001/2003 tax cuts on income below $250,000 per year, continued Alternative Minimum Tax (AMT) patches, the continuation of the estate tax at 2009 levels, and continued Medicare “Doc Fixes.” The Alternative Fiscal Scenario also assumes discretionary spending grows with Gross Domestic Product (GDP) rather than to inflation over the next decade, that revenue does not increase as a percent of GDP after 2020, and that certain cost-reducing measures in the health reform legislation are unsuccessful in slowing cost growth after 2020."[1] These scenarios are discussed in further detail in the Commissions Report and the CBO's periodic Long Term Budget Outlook reports. Bear in mind also that this chart represents the public debt, which excludes the intragovernmental debt. |
| Source | Fiscal Commission Report-December 2010 |
| Author | Farcaster (talk) 23:01, 10 April 2011 (UTC) |
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Licensing
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This United States Congress image is in the public domain. This may be because it was taken by an employee of the Congress as part of that person’s official duties, or because it has been released into the public domain and posted on the official websites of a member of Congress. As a work of the U.S. federal government, the image is in the public domain.
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Original upload log
| Date/Time | Dimensions | User | Comment |
|---|---|---|---|
| 2011-04-10 23:01 | 960×720× (33903 bytes) | Farcaster | {{Information |Description = Projections by National Commission on Fiscal Responsibility and Reform |Source = http://www.fiscalcommission.gov/sites/fiscalcommission.gov/files/documents/TheMomentofTruth12_1_2010.pdf |Date = ~~~~~ | |
File history
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| Date/Time | Thumbnail | Dimensions | User | Comment | |
|---|---|---|---|---|---|
| current | 23:21, 29 March 2016 | | 960 × 720 (33 KB) | FastilyClone | Transferred from enwp |
