Future Federal Budget Deficits Depend on Policy Choices〜その２

第三パラグラフ　(tuned by Excite)

  1. What will actually happen to the deficit depends on policy assumptions on the deficit forecasts
    • 赤字が実際にどうなるかは赤字予測の方針前提によります。
  2. All of the forecasts are from CBO, except for the Office of Management and Budget's(OMB) forecast of the President's budget proposal(which is very similar to CBO's estimates of the deficits which would result from the President's proposal)
    • 予測のすべてがCBOから来ています、社長の予算提案に関する行政管理予算庁(OMB)の予測を除いて(CBOの社長の提案から生じる赤字の見積りと非常に同様です)
  3. In addition to the baseline and the President's budget proposal, three alternative scenarios analyzed by CBO are shown this chart
    • 基線と社長の予算提案に加えて、この図はCBOによって分析された3つの予備のプランに示されます。
  4. CBO alternative case 1 forecasts deficits under the assumption that all of the Bush era tax cuts are made permanent (including the bonus depreciation provision)
    • ブッシュ時代減税のすべてが仮定での赤字ですが、永久的に作られていて、1が予測するCBOの代替のケース(ボーナス減価償却支給を含んでいます)
  5. CBO alternative case2 assumes that in addition to the tax cuts being made permanent, the tax brackets of the AMT are indexed for inflation
    • CBOの代替のcase2は、永久的にされる減税に加えてAMTの税率区分がインフレーションで索引をつけられると仮定します。
  6. CBO alternative case 3 assumes that discretionary spending grows at the same rate as GDP (rather than being constant in real terms) in addition to the tax cuts being permanent the Alternative Minimum Tax(AMT) being indexed
    • CBOの代替のケース3が、裁量支出がGDP(実物称呼で一定であるよりむしろ)と同じ速度で永久的な減税に加えて成長すると仮定する、索引をつけられるAlternative Minimum Tax(AMT)

第四パラグラフ

  1. Under the President's budget proposal ,which makes the tax cuts permanent, the deficit would decrease to 2.1% of GDP by fiscal 2006. and then stabilize at roughly 1.6% of GDP in 2012
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  1. An arguably more realistic scenario ,which includes reform of the AMT and somewhat greater discretionary spending, would result in the deficit exceeding 4% of GDP in 2012