Download or read book Observations on Budget Estimates from the Mid-Session Review written by and published by . This book was released on 2005 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Office of Management and Budget has released its annual Mid-Session Review (MSR) that updates the budget projections from this past February. While the rapid increase in federal revenues shows that the 2003 tax cuts have succeeded, continued runaway spending threatens America's fiscal and economic future.