The Congressional Budget Office regularly publishes reports that present projections of what federal deficits, debt, revenues, and spending—and the economic path underlying them—would be for the current year and for the following 10 years and beyond if existing laws governing taxes and spending generally remained unchanged. This report is the latest in that series—and it shows a cumulative 10-year deficit that is slightly larger and a cumulative 30-year deficit that is notably larger than those in CBO’s previous projections.
Visual Summary
Chapter 1: The Budget Outlook
Chapter 2: The Economic Outlook
Appendix A: Changes in CBO’s Baseline Projections
Appendix B: CBO’s Economic Projections for 2020 to 2030
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Policymakers, members of government, and businesses will all want information on the Federal Budget since this data can affect future policy decisions and business and market trends. In addition, members of the general public who want to be informed about, and understand, the Federal Budget will enjoy this publication.
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- Federal Budgets
- Government Spending
- Economic Forecasting