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cited in today's budget update, albeit the largest.
The nonpartisan Congressional Budget Office separately will release its budget update in August.
The announcement comes just days after the government released its budget update, Myefo.
This is a budget update released independent of government by the secretaries of Treasury and finance.
Legislators stayed in Parliament later than usual to vote a first draft of a highly controversial budget update.
Morrison signalled he would reveal spending cuts in his first budget update, to be delivered next week.
Joe Hockey's budget update in the mid-year economic and fiscal outlook (Myefo) statement shows unthinking and inflexible economic policy.
CHICAGO — Mayor Rahm Emanuel's first reading material each morning, at 5 30, is not a budget update, a legislative proposal or a packet of headlines.
When it returned to session in late January 2009, the government introduced a new budget update that included an economic stimulus package.
"Preparatory work for Telkom's initial public share offer is well advanced," Mr. Manuel said in his budget update to Parliament this week.
The $123bn figure was a reference to the total deficits over four years that were outlined in the first mid-year budget update presented by the Coalition government.
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CEO of Professional Science Editing for Scientists @ prosciediting.com