When I was watching the Cain / Gingrich thing on CSPAN, Gingrich railed against the Congressional Budget Office because of how
it estimates budget changes from proposed policies.
Not exact matches
It
changes numerous deductions and tax breaks and is expected to add $ 1 trillion or more to federal
budget deficits over a decade, according to congressional
estimates.
A group of European and Canadian scientists published their best
estimates of our carbon
budget in 2016 in Nature Climate
Change.
However, regardless of any
changes made, a detailed reconciliation of the differences between the
Estimates and the
Budget is essential.
This note focuses on the
changes between the
estimates presented in the January 2009
Budget and the Seventh Report (Table 1).
It is doubtful that the recent classification
changes announced by the Department of Finance will be reflected in the Main
Estimates, thereby increasing the confusion between spending in the Main
Estimates and in the
Budget and related documents.
Budget Omnibus Bills should be restricted to proposed tax
changes only and all proposed spending initiatives should be presented either through the Main
Estimates or through separate legislation, submitted to the applicable Parliamentary Committee for review.
One would have to go through the individual
budgets to derive
estimates for the impact of the new policy initiatives — tax and spending
changes.
The four pillars are: timing of the tabling of the Main
Estimates; the scope and accounting methods used in the
Estimates and the
Budget;
changes to the current vote structure; and
changes to the Reports on Plans and Priorities and the Departmental Performance Reports.
Initial
estimates from the Department of
Budget and Management suggest Maryland residents could pay as much as $ 680 million in extra state taxes next year unless the state
changes its tax laws.
Budget scoring: The process of
estimating the budgetary effects of proposed
changes in tax and expenditure policies and enacted legislation.
The
changes were a surprise because they came soon after the consensus revenue
estimates were released last week by the governor's
budget office and the legislature's nonpartisan fiscal office.
The GOP bill including some
changes would increase federal
budget deficits by $ 1.7 trillion over 10 years, according to Joint Committee on Taxation estimates shared by the nonpartisan Congressional Budget O
budget deficits by $ 1.7 trillion over 10 years, according to Joint Committee on Taxation
estimates shared by the nonpartisan Congressional
Budget O
Budget Office.
Although the Minister of Finance saw fit to update his March 22, 2011
Budget expense projections in the June 2011
Budget, the Main
Estimates for 2011 - 12 continued to be based on the out - of - date October 2010 Update, although it would not have been a major exercise to
change the Main
Estimates accordingly.
The four pillars are: timing of the tabling of the
Estimates; the scope and accounting methods used in the
Estimates and the
Budget;
changes to the current vote structure; and
changes to the Reports on Plans and Priorities and the Departmental Performance Reports.
The explanation provided was that as a «result of accounting
changes due to the Jobs and Economic Action Plan, public debt charge forecasts from the Federal
Budget are no longer a reasonable
estimate of cash - basis expenditures for reporting in the
Estimates» [5].
Unfortunately, these improvements were not mirrored by
changes in the way spending in the
Estimates is presented and this has made comparisons to the
Budget more and more difficult and the relationship between the two less relevant.
Upon the completion of the review and investigation of the
estimates and requests from the various administrative units and authorized agencies, the
Budget Director shall prepare and submit to the County Executive a proposed tentative operation and maintenance budget setting forth the Budget Director's estimate of expenditures and revenues of the county for the next ensuing fiscal year showing a comparison with (1) the corresponding actual expenditures and revenues in the last completed fiscal year, (2) the corresponding budget items of expenditure and revenue for the current fiscal year adjusted for transfers and changes in appropriations, if any, and (3) the estimates of expenditures and revenues for the ensuing fiscal year submitted by the heads of administrative units and authorized age
Budget Director shall prepare and submit to the County Executive a proposed tentative operation and maintenance
budget setting forth the Budget Director's estimate of expenditures and revenues of the county for the next ensuing fiscal year showing a comparison with (1) the corresponding actual expenditures and revenues in the last completed fiscal year, (2) the corresponding budget items of expenditure and revenue for the current fiscal year adjusted for transfers and changes in appropriations, if any, and (3) the estimates of expenditures and revenues for the ensuing fiscal year submitted by the heads of administrative units and authorized age
budget setting forth the
Budget Director's estimate of expenditures and revenues of the county for the next ensuing fiscal year showing a comparison with (1) the corresponding actual expenditures and revenues in the last completed fiscal year, (2) the corresponding budget items of expenditure and revenue for the current fiscal year adjusted for transfers and changes in appropriations, if any, and (3) the estimates of expenditures and revenues for the ensuing fiscal year submitted by the heads of administrative units and authorized age
Budget Director's
estimate of expenditures and revenues of the county for the next ensuing fiscal year showing a comparison with (1) the corresponding actual expenditures and revenues in the last completed fiscal year, (2) the corresponding
budget items of expenditure and revenue for the current fiscal year adjusted for transfers and changes in appropriations, if any, and (3) the estimates of expenditures and revenues for the ensuing fiscal year submitted by the heads of administrative units and authorized age
budget items of expenditure and revenue for the current fiscal year adjusted for transfers and
changes in appropriations, if any, and (3) the
estimates of expenditures and revenues for the ensuing fiscal year submitted by the heads of administrative units and authorized agencies.
According to Politico, this
change more than doubles the
estimated budget for the program — $ 82.6 billion — and means the city will be on the hook for $ 16.9 billion instead of $ 8.2 billion.
SYRACUSE, N.Y. — The latest
estimate from Syracuse
budget officials shows the city heading off a financial cliff in two years unless something dramatic
changes, according to data Mayor Stephanie Miner presented today at a statewide conference.
If I'm not mistaken, this is a reference to so - called «baseline» reporting or the «present law»
budget; requirements (sometimes in law, sometimes in government accounting principles) stipulating the «base» for the next year's
budget estimate is what costs would be absent
change.
An amended version of the
budget has since been submitted, although none of the
estimates have
changed.
Budget officials present a quick overview of proposed mid-year
changes in spending and revenue
estimates, and the Council briefly reviews and approves them, allowing the administration to divert additional resources to agencies that need them and to cut back in other areas.
Cuomo's
budget office
estimated the
change would have generated $ 200 million in new revenue for the state over the next two years while closing a loophole that critics argued benefits out - of - state sellers over those in New York.
These include lowering expense projections for retirement and health insurance expense to reflect lower projected usage and rates not available at the time the
budget request was prepared; lowering utility cost
estimates to reflect the significant decline in energy demand and prices resulting from reduced economic activity and lowering other operating cost
estimates to reflect lower anticipated price
changes.
Topics in the Q&A included the source of money for the City's planned pre-K advertising campaign, the City's target number of pre-K applicants, whether Speaker Silver thinks the proposed income tax surcharge should be pursued next year, how the pre-K selection process will work, how the City will cover the approximately $ 40 million annual gap between the
estimated cost of pre-K and the amount provided in the state
budget, when parents will learn whether their pre-K application has been accepted, how the City will collect data and measure success of the pre-K program, whether the existing pre-K application process will be
changed, how the City will use money from the anticipated school bond issue, the mayor's reaction to a 2nd Circuit ruling that City may bar religious groups from renting after - hours space in public schools, the status on a proposed restaurant in Union Square, a tax break included in the state
budget that provides millions of dollars to a Bronx condominium project, the «shop & frisk» meeting today between the Rev. Al Sharpton and Police Commissioner Bratton and a pending HPD case against a Brooklyn landlord.
Despite our incredible efforts to
change the direction of our county by setting priorities, cutting bureaucracy, reducing spending and re-positioning government for the future, our 2016
budget will include an
estimated payment of $ 17 million to pay for «the sins of the past.»
Figure 2 shows «average» proposed year - over-year
changes to the federal R&D
budget by major spending category in the eight Obama - submitted
budgets (FY 2010 through FY 2017), based mostly on historical
estimates compiled by AAAS, alongside the same data for President Bush (FY 2001 through FY 2009) for comparison.
Not even the Intergovernmental Panel on Climate
Change has managed to muster much enthusiasm for the technology: it recently
estimated that the ocean's maximum contribution to the global energy
budget would not exceed a paltry 1 to 2 per cent by 2050.
Rudd said the
change would slash A$ 3.8 billion from the federal
budget over the forward
estimates period.
(2) One can empirically
estimate climate sensitivity on different time scales, by comparing actual temperature variations to
estimated changes in the radiation
budget.
Study of Environmental Arctic
Change (SEARCH) launched a CH4 synthesis project with the goal of
estimating contemporary
budgets for CH4 in the Arctic and projecting rates of future release.
Based on individual contributions tabulated in the Fifth Assessment Report7 of the Intergovernmental Panel on Climate
Change, this
estimate closes the twentieth - century sea - level
budget.
Forster and Gregory (2006)
estimate ECS based on radiation
budget data from the ERBE combined with surface temperature observations based on a regression approach, using the observation that there was little
change in aerosol forcing over that time.
The prize is awarded for «ground - breaking work that provides a powerful
estimate of the effects of climate
change on the global hydrological cycle, with a clear explanation of the global water
budget.»
Wisconsin's Legislative Fiscal Bureau, which conducts
budget - related analyses for state legislators, has provided fodder to both sides of the Milwaukee voucher debate with periodic
estimates of the financial impact of eliminating the program based on a wide range of assumptions regarding
changes in public schoolenrollments.
The net effects on state education funding appear to be
budget - neutral, as we
estimate that there is little
change in total education funding after an SFJ under a divided government.
When
estimating the budgetary effects of proposals to
change federal loan programs, the Congressional
Budget Office is required by law to use the method established in the Federal Credit Reform Act (FCRA).
This report examines: (1) current IDR plan
budget estimates and how those
estimates have
changed over time, and (2) the extent to which Education's approach to
estimating costs and quality control practices help ensure reliable
estimates.
With the federal deficit now
estimated to come in at $ 18 billion (or more), there is nervous speculation that Finance Minister Bill Morneau may go beyond the specific tax
changes already detailed in the Liberal pre-election platform and introduce new measures in his March 22
budget to raise much needed tax revenue.
The graphic, below, from the UN Environment Program
estimates that we only have about 1,000 gigatons (1 gigaton = 1 billion tons) of carbon dioxide left in our
budget to «spend» before significant climate
change occurs.
Additionally the oceanic warming and cooling cycles introduce constant, rapid and substantial
changes not yet reflected in any models and which invalidate any averaged global
estimates of the planetary heat
budget.
The SkyShares model enables users to relate a target limit for temperature
change to a global emissions ceiling; to allocate this emissions
budget across countries using different policy rules; and then uses
estimated marginal abatement costs to calculate the costs faced by each country of decarbonising to meet its emissions
budget, with the costs for each country depending in part on whether and how much carbon trading is allowed.
There has been a recent emphasis in decadal - scale prediction, and also creating a marriage between climate and fields such as synoptic - dynamic meteorology... something relatively new (and a different sort of problem, than say,
estimating the boundary condition
change in a 2xCO2 world); as Susan Solomon mentioned in her writing, a lot of people have become much more focused on the nature of the «noise» inherent within the climate system, something which also relates to Kevin Trenberth's remarks about tracking Earth's energy
budget carefully.
They are left with 0.7 mm / yr of their observed 1.8 mm / yr
budget unexplained (clearly this means they don't say anything like «half ice half warming»), which they suggest could be partially closed by terrestrial storage
changes though that would be beyond the range of their forward modelling
estimates.
Study of Environmental Arctic
Change (SEARCH) launched a CH4 synthesis project with the goal of
estimating contemporary
budgets for CH4 in the Arctic and projecting rates of future release.
Its newly released global carbon
budget for 2017 provides
estimates of emissions by country, global emissions from land - use
changes, atmospheric accumulation of CO2, and absorption of carbon from the atmosphere by the land and oceans.
This ends up
changing estimates of cumulative carbon emissions since the pre-industrial period, but given the large uncertainties involved the authors caution against using these revisions to draw conclusions about remaining carbon
budgets associated with staying within the 2C or 1.5 C warming targets.
Every year the GCP provides an
estimate of the global carbon
budget, which
estimates both the release and uptake of carbon including emissions from fossil fuels and industry, emissions from land - use
changes, carbon taken up by the oceans and land, and
changes in atmospheric concentrations of CO2.
The GCP's new global carbon
budget also includes updated
estimates of sources and sinks based on
changes in inventories and new research published since the last
budget came out.