The Congressional Budget Office (CBO) projects that if current laws and policies remained the same, the federal government would run budget deficits of $368 billion in 2005 and $295 billion in 2006. However.those estimates omit a significant amount of spending that will occur this year-and conceivably for some time in the future-for U.S. military efforts in Iraq and Afghanistan and for other efforts in the war on terrorism.- Summary, The Budget and Economic Outlook: Fiscal Years 2006 to 2015The Budget and Economic Outlook presents topics related to leading economic issues including: .A review of 2004's budget outlook and the concept behind CBO's baseline projections.The importance of productivity growth for economic and budget projections as well as an overview of CBO's two-year forecast.Revenues by source and revenue projections in detail.An outlook of mandatory and discretionary spending, including net interest .Budget resolution targets vs. actual budget outcomesTHE U.S. BUDGET & ECONOMIC OUTLOOK: 2006-2015 is one of a series of reports on the state of the U.S. budget and economy that the Congressional Budget Office (CBO) issued each year. It is the requirement of Section 202(e) of the Congressional Budget Act of 1974 for the CBO to submit to the Committees on the Budget periodic reports about fiscal policy and to provide baseline projections of the federal budget. In accordance with the CBO's mandate to provide impartial analysis, the report makes no recommendations. For additional information about the Congressional Budget Office, please visit www.cbo.gov.

Written by Gary Trugman, Understanding Business Valuation: A Practical Guide to Valuing Small-to Medium-Sized Businesses, simplifies a technical and complex area of practice with real-world experience and examples. Trugman's informal, easy-to-read style covers all the bases in the various valuation approaches, methods, and techniques. Readers at all experience levels will find valuable information that will improve and fine-tune their everyday activities. Topics include valuation standards, theory, approaches, methods, discount and capitalization rates, S corporation issues, and much more. Author’s Note boxes throughout the publication draw on the author’s veteran, practical experience to identify critical points in the content. This edition has been greatly expanded to include new topics as well as enhanced discussions of existing topics.

Subnational political units are growing in influence in national and international affairs, drawing increasing scholarly attention to politics beyond national capitals. In this book, leading Russian and Western political scientists contribute to debates in comparative politics by examining Russia’s subnational politics. Beginning with a chapter that reviews major debates in theory and method, this book continues to examine Russia’s 83 regions, exploring a wide range of topics including the nature and stability of authoritarian regimes, federal politics, political parties, ethnic conflict, governance and inequality in a comparative perspective. Providing both qualitative and quantitative data from 20 years of original research, the book draws on elite interaction, public opinion and the role of institutions regionally in the post-Soviet years. The regions vary on a number of theoretically interesting dimensions while their federal membership provides control for other dimensions that are challenging for globally comparative studies. The authors demonstrate the utility of subnational analyses and show how regional research can help answer a variety of political questions, providing evidence from Russia that can be used by specialists on other large countries or world regions in cross-national scholarship. Situated within broader theoretical and methodological political science debates, this book will be of interest to students and scholars of Russian politics, comparative politics, regionalism and subnational politics.