Sec. 423. To convey clear information to Congress and the public about projected Federal outlays, revenues, and deficits
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As part of the annual update to the Budget and Economic Outlook required by section 202(e) of the Congressional Budget Act of 1974 ( 2 U.S.C. 602(e) ), and at any other time the Congressional Budget Office releases projections of Federal deficits over any term of years, the Congressional Budget Office shall publish with its projection a 1-page statement— summarizing and categorizing total outlays, including tax expenditures, receipts, surpluses, and deficits of the Federal Government on a unified basis for that same prospective time period; categorizing and subtotaling separately— outlays for mandatory programs and for discretionary programs; outlays, tax expenditures, payroll tax revenue, and offsetting receipts for Social Security and for Medicare; the surplus or deficit of revenues over outlays for Social Security and for Medicare; and revenues.
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Sec. 423
To convey clear information to Congress and the public about projected Federal outlays, revenues, and deficits
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