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Apr 18 2012

Fiscal Commission Guiding Principles and Values

Fiscal Commission Guiding Principles and Values

Chart appeared in: Description of the Fiscal Commission Budget Plan (April 18, 2012)

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Fiscal Commission Guiding Principles and Values Fisc Comm Plan_Opening Stat_Page_07.jpg (358.4 KBs)

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12/21/12 -

Private Sector Jobs Picture
12/19/12 -

U.S. Is Borrowing 31 Cents of Every Dollar It Spends
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Last Five Times Budget in Surplus, Revenues Near 20% of GDP
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Spending and Revenues: 1950-2012
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Uncertainty in CBO's Projections of the Surplus Under Current Policies (From 2000)
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Gross Debt as % of GDP Under CBO Alternative Fiscal Scenario
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White House Budget Offer
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Other Mandatory Savings Represent 4% of 10-Year Other Mandatory Spending
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Additional Revenue Increases 10-Year Revenue Collection by 3.2%
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Possible Compromise from 2001
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Effective Tax Rate of NYC Janitor vs. Park Ave Building Residents
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Health Expenditures as Share of GDP
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Already-Enacted Savings Exceed $1 Trillion
12/19/12 -

Jobs Picture: With and Without Federal Response to Financial Crisis and Recession
12/19/12 -

Health Savings Represent 3.6% of 10-Year Health Spending
12/19/12 -

Discretionary Savings Represent 1.7% of 10-Year Discretionary Spending
12/19/12 -

Economic Performance: 2008-2012
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Taxpayers Wind Up Making $22B off AIG
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National Commission of Fiscal Responsibility and Reform
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Compromise Budget Plan