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Budget Trends: Federal Investment Outlays, Fiscal Years 1981-2002

  Premium   Download PDF Now (23 pages)
Report Type Reports and Testimonies
Report Date May 21, 1997
Report No. AIMD-97-88
Subject
Summary:

During the past decade, concerns have been raised about the declining levels of federally and domestically financed investment and national savings. Continued efforts to reduce the federal deficit could help boost national savings and expand domestic capital available for private investment. At the same time, reducing the deficit constrains the government's discretionary spending, which finances most federal investment. As the constraints on discretionary spending have tightened with the broad agreement to balance the budget by fiscal year 2002, legislative proposals before Congress have sought to promote long-term economic growth in the private sector. This report provides trend data and estimates of future outlays for investments through fiscal year 2002.

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