Budget estimate

• Getting from estimate to budget.

EXECUTIVE SUMMARY The mega-project was looking good and now headlines reforecast it as $1 billion over budget. What suddenly caused this overrun? Co...

• Industrial Management
• Vol. 51 Nbr. 6, November 2009

• Budget buster; CBO estimate on Obamacare at $1.76 trillion.

COLUMN: IN OUR OPINION Two years ago, just before Congress narrowly approved the Patient Protection and Affordable Care Act, colloquially known as O...

• Telegram & Gazette (Worcester, MA)
• Nbr. 2012, January 2012

• Fda Can't Estimate Budget Needs

WASHINGTON -- The Food and Drug Administration -- which has struggled to fulfill its mission of regulating food, drugs and other consumer goods that make up nearly a quarter of the U.S. economy -- does not have the expertise to forecast its own budget needs, according to congressional investigators. While many lawmakers and consumer advocates have long complained that the agency lacks the staff and equipment to accomplish its mission, the Government Accountability Office says the agency doesn't even have "the data to develop a complete and reliable estimate of the resources it needs.

• Deseret News (Salt Lake City)
• July 21, 2009

• News Release: Analysis of Cbo's Fy'05 Budget Deficit Estimate

WASHINGTON, Oct. 6 /U.S. Newswire/ -- Following is a release from the Center on Budget and Policy Priorities: The Congressional Budget Office reported today that the deficit for fiscal year 2005 will be $317 billion, down significantly both from last year's level and from projections made at the beginning of this year. This progress is due to an increase in tax collections from last year (and from what had been projected earlier this year). Some are using this fact to argue that it proves the tax cuts "are working" and are responsible for stronger economic growth and a large increase in revenues.

• U.S. Newswire
• October 06, 2005

• Obama's Red Ink Grows by $2.7 Trillion ; Cbo Revises Estimate of Deficit Spending in President's Budget

W hen dealing with the massive spending levels of the federal government, a small rounding error can add up to big money. Now it looks like the amount of debt President Obama's budget will generate in the coming decade will be $2.7 trillion more than expected. Oops. The Congressional Budget Office (CBO) on Friday updated its analysis of the government's red ink and found the fiscal hole deeper than expected. "For the 10-year projection period as a whole, the deficit that would result under the President's proposals - $9.5 trillion, or 4.8 percent of GDP - would be $2.7 trillion greater than the cumulative deficit projected under current law," CBO's report explained.

• The Washington Times
• March 21, 2011

• Arizona's Budget Web Site to Cost Fraction of $100m Estimate

It looks like Arizona won't have to spend $100 million to put state budget information online. In fact, not even close. The cost of the Financial Transparency Web site scheduled to be launched in 2011 is estimated to cost $740,000, according to a Sept. 1 report by the General Accounting Office. That's less than one- hundredth of what the Department of Administration estimated a year ago during debate on the bill.

• Arizona Capitol Times
• October 09, 2009

• Resuscitating Health Care ; Budget Office Estimate Offers Hope That Reform Costs Could Be Contained

Health reform is coming back, and just in the nick of time. Politically and economically, Washington is breathing life back into one of the most critical domestic matters on the national agenda. A new Associated Press poll shows that opposition to President Obama's plans has eroded dramatically over the course of a few weeks. That's a remarkable change in temperament after the preposterous comparisons to Nazis and lies about death panels.

• Buffalo News
• October 13, 2009

• Ky. Short On Bridge Budget I-69 Estimate Doubled in Five Years

HENDERSON, Ky. - Kentucky is finding it difficult to pay for its share of building Interstate 69 from Evansville to Henderson. The estimated cost of that section of the interstate nearly has doubled in the past five years, and collecting interstate tolls won't generate enough money to pay Kentucky's share, a new study reveals.

• Evansville Courier & Press (2007-Current)
• July 16, 2008

• Budget Deficit Estimate Drops; White House Figures Forecast $296 Billion in Red Ink, a $127 Billion Improvement From Earlier 2006 Estimates

WASHINGTON (AP) - President Bush is crediting his tax cuts for new deficit figures that are far lower than earlier White House estimates, but the red ink is expected to climb again next year and the longer-term outlook is more bleak. White House figures released Tuesday estimate the federal deficit for the 2006 budget year ending Sept. 30 will be $296 billion - much better than the $423 billion Bush predicted in February but only a slight improvement over last year's $318 billion.

• Telegraph - Herald (Dubuque)
• July 12, 2006

• Milliman Explains Assumptions and Methodology Used in Nebraska Medicaid Budget Exposure Analysis ; Cost of Insuring Children, Other Key Aspects of Reform Law Explain Higher Cost Estimate

SEATTLE, Sept. 17 /PRNewswire/ -- Milliman has been retained by several states, most visibly Nebraska and Indiana, to calculate the budget exposure for state Medicaid agencies created by the Patient Protection and Affordable Care Act (PPACA). Recent criticism of this analysis, especially in Nebraska, ignores the explanations of methodologies in our report and overlooks important implications that go beyond the bottom line numbers. Several considerations are essential for a constructive discussion of the analysis and the new law.

• U.S. Newswire
• September 17, 2010