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The 2022 Long-Term Budget Outlook

Federal deficits are projected to nearly triple over the next 30 years, from 4 percent of GDP in 2022 to 11 percent in 2052. Such persistently growing deficits would cause federal debt held by the public, which is already high, to continue to rise even further. In CBO’s projections, such debt reaches 185 percent of GDP in 2052.

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MAJOR RECURRING REPORTS

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Monthly Budget Review: July 2022

The 2022 Long-Term Budget Outlook

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CBO’s Recent Publications and Work in Progress as of June 30, 2022

An Analysis of the Discretionary Spending Proposals in the President’s 2023 Budget

Federal Subsidies for Health Insurance Coverage for People Under 65: 2022 to 2032

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Estimates of the Cost of Federal Credit Programs in 2023

The Budget and Economic Outlook: 2022 to 2032

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Report on the Troubled Asset Relief Program—May 2022

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Legislation Enacted in the First Session of the 117th Congress That Affects Mandatory Spending or Revenues

Transparency at CBO: Future Plans and a Review of 2021

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The Congressional Budget Office’s Request for Appropriations for Fiscal Year 2023

The Accuracy of CBO’s Budget Projections for Fiscal Year 2021

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Expired and Expiring Authorizations of Appropriations for Fiscal Year 2022—Information for Legislation Enacted Through September 30, 2021

Long-Term Costs of the Administration’s 2022 Defense Budget

CBO’s Economic Forecasting Record: 2021 Update

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Federal Debt and the Statutory Limit, November 2021

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CBO’s Projections of Federal Receipts and Expenditures in the National Income and Product Accounts: 2022 to 2031

An Analysis of the Navy’s Fiscal Year 2022 Shipbuilding Plan

The Distribution of Household Income, 2018

CBO’s 2021 Long-Term Projections for Social Security: Additional Information

Projected Costs of U.S. Nuclear Forces, 2021 to 2030

The U.S. Military’s Force Structure: A Primer, 2021 Update

Options for Reducing the Deficit: 2021 to 2030

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Federal Mandatory Spending for Means-Tested Programs, 2009 to 2029

Public Spending on Transportation and Water Infrastructure, by Level of Government

Public Spending on Transportation and Water Infrastructure, 1956 to 2017

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A Review of CBO’s Activities in 2014 Under the Unfunded Mandates Reform Act

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Estimated Impact of the American Recovery and Reinvestment Act on Employment and Economic Output in 2014

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ABOUT CBO

CBO is strictly nonpartisan; conducts objective, impartial analysis; and hires its employees solely on the basis of professional competence without regard to political affiliation. CBO does not make policy recommendations, and each report and cost estimate summarizes the methodology underlying the analysis.
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