The Congressional Budget Plan: A Brief Analysis of the Conference Agreement

Publication Date: May 2007

Publisher: Center on Budget and Policy Priorities (Washington, D.C.)

Author(s): James Horney; Richard Kogan; Matt Fiedler

Research Area: Banking and finance

Keywords: Economic projections; Fiscal future; Federal budget

Type: Report


Both the House and the Senate passed the conference report (S Rpt 110-153) the next day, and the report has now gone into effect as the approved fiscal year 2008 budget plan. This paper provides a brief overview of the conference agreement’s major provisions.