Outlook for the Budget and the Economy
- Presentation
The Budget Outlook
CBO Director Doug Elmendorf's Presentation to the National Association for Business Economics
- Blog Post
How Have CBO’s Projections of Spending for Medicare and Medicaid Changed Since the August 2012 Baseline?
In its most recent baseline projections, CBO reduced its estimates of spending for the Medicare and Medicaid programs compared with its estimates in the August 2012 baseline.
- Blog Post
CBO Testifies on the Budget and Economic Outlook
I testified twice this week about CBO’s latest projections for the economy and the budget—on Tuesday to the Senate Budget Committee, and on Wednesday to the House Budget Committee.
- Report
Testimony on the Budget and Economic Outlook: Fiscal Years 2013 to 2023
This statement summarizes CBO's new economic forecast and baseline budget projections, which cover fiscal years 2013 to 20
- Report
Testimony on the Budget and Economic Outlook: Fiscal Years 2013 to 2023
Testimony before the Committee on the Budget, United States Senate
- Blog Post
Looming Policy Decisions May Have a Substantial Effect on the Budget Outlook
Yesterday CBO released The Budget and Economic Outlook: Fiscal Years 2013 to 2023. In that report, CBO projects that the federal deficit will drop to $845 billion in 2013—its smallest size since 2008.
- Presentation
Press Briefing on The Budget and Economic Outlook
Press Briefing on The Budget and Economic Outlook
- Report
The Budget and Economic Outlook: Fiscal Years 2013 to 2023
Under current law, federal debt will stay at historically high levels relative to the economy, CBO projects. Economic growth will be slow in 2013 but pick up thereafter. Even so, the unemployment rate will be above 7.5 percent through 2014.
- Blog Post
CBO Now Plans To Release Budget and Economic Outlook on February 5
CBO now plans to release its annual Budget and Economic Outlook on Tuesday, February 5, a day later than originally scheduled.
- Report
CBO's Economic Forecasting Record: 2013 Update
CBO’s macroeconomic forecasts have been comparable in quality with those of the Administration and the Blue Chip consensus.