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January 31, 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
Additional Data
- data underlying figures
- Alternative Minimum Tax
- Automatic Stabilizers
- budget projections
- economic baseline projections
- expiring tax provisions
- historical budget data
- key assumptions in projecting potential gdp
- tax receipts
Supplemental Material
- print-friendly charts from the outlook
- slides from press briefing
- CBO Releases the Budget and Economic Outlook: Fiscal Years 2012 to 2022
- Glossary
- blog post
Baseline Projections for Mandatory Spending Programs
- Child Nutrition Programs—January 2012 Baseline
- Child Support Collections—January 2012 Baseline
- Child Support Enforcement—January 2012 Baseline
- Foster Care and Adoption Assistance—January 2012 Baseline
- Military Retirement—January 2012 Baseline
- Pension Benefit Guaranty Corporation—January 2012 Baseline
- Social Security Disability Insurance—January 2012 Baseline
- Social Security Old-Age and Survivors Insurance—January 2012 Baseline
- Social Security Trust Funds—January 2012 Baseline
- Supplemental Nutrition Assistance Program—January 2012 Baseline
- Supplemental Security Income—January 2012 Baseline
- Temporary Assistance for Needy Families—January 2012 Baseline
- Unemployment Compensation—January 2012 Baseline