Report
Fact-based, data-driven research and analysis to advance democratic debate on vital issues shaping people’s lives.
Center for Economic and Policy Research
1611 Connecticut Ave. NW
Suite 400
Washington, DC 20009
Tel: 202-293-5380
Fax: 202-588-1356
https://cepr.net
August 2003, Dean Baker and David Rosnick
This paper recommends an alternative measure of the federal budget and the budget deficit – a core budget – which would pull out programs financed by their own stream of revenue (like Social Security and Medicare) and focus only on the portion financed by general revenue (primarily personal and corporate income taxes).
