Donald Marron could refer to: (wikipedia)
In principle, it may be possible to deliver a higher amount of fiscal aid to state and local governments at a lower cost to the federal government if such aid is delivered as an outlay instead of as a tax preference.
This is a current law projection, not a forecast.
You could argue this is something that had to happen, but it is happening faster, probably, than most people expected.
There's a significant amount of uncertainty about what's going to happen with the various tax provisions that are scheduled to expire and what's going to happen with the alternative minimum tax. Depending on how those issues turn out, our projections would obviously have to change.
After those several years of great growth, people's expectations have been very high - probably too high. And at the first sign of a slowdown they react they other way.
All of those things expiring is in our projection.
In 1990, we said the '90s were going to be the decade of the individual.
