The Budget and Economic Outlook: An Update

August 18, 2010

CBO estimates that the federal budget deficit for 2010 will exceed $1.3 trillion—$71 billion below last year's total and $27 billion lower than the amount that CBO projected in March 2010, when it issued its previous estimate.

Subsequent budget projections appear in Budget and Economic Outlook and Updates.

Data and Supplemental Information

Baseline Projections for Health

Corrections and Updates

Reposted on August 19, 2010, to correct the 5- and 10-year totals for revenues and outlays in Summary Table 1 because of an error in addition.