O V E R V I E W O F T H E P R E S I D E N T ’ S 2 0 0 8 B U D G E T
























































’ ’
















































3.6
2.6
1.9
1.8
1.6
1.2
0.6
0.3
-0.3
2004 2005 2006 2007 2008 2009 2010 2011 2012
-1.0
0
1.0
2.0
3.0
4.0
Actuals Projections
Balancing the Budget
Deficit as a percent of GDP




























1970 1980 1990 2000 2010 2020 2030 2040 2050 2060 2070 2080
0
10
20
30
40
Discretionary Spending
Net Interest
Mandatory
Current Trends are not Sustainable
Percent of GDP
Total Revenues