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March 13, 2012
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Budget and Economic Outlook
CBO's Budget and Economic Outlook—usually produced in January each year and updated in August—includes projections of spending and revenues under current law over the next 10 years as well as an economic forecast for that period. CBO also typically prepares an update of its budget projections in March each year in conjunction with its analysis of the President's budgetary proposals. Those projections under current law provide the Congress with a benchmark against which to measure the effects of proposed changes in spending and tax laws.
Full Text
- document
Projections
- budget projections
Additional Data
- spending by budget function
Supplemental Material
- blog post
Baseline Projections for Mandatory Spending Programs
- USDA mandatory farm programs
- student loan and pell grant program
- children's health insurance program
- health insurance exchanges
- medicaid
- medicare
- social security disability insurance
- Old-Age and Survivors Insurance
- Old-Age, Survivors, and DI Trust Funds
- Child Nutrition Programs
- Child Support Collections
- Child Support Enforcement and Family Support
- Civil Service Retirement and Disability Fund
- Foster Care and Adoption Assistance
- Military Retirement
- Pension Benefit Guaranty Corporation
- Railroad Retirement
- Supplemental Nutrition Assistance Program
- Supplemental Security Income
- Temporary Assistance for Needy Families
- unemployment compensation
- Changes in Payments to Physicians
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