Budgetary and Economic Outcomes Under Paths for Federal Revenues and Noninterest Spending Specified by Chairman Price, March 2015

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Under budgetary paths, but not particular policies, specified by Chairman Price, total deficits and debt would be smaller than under CBO’s extended baseline. Economic output would be lower in the next few years but higher thereafter.

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Data and Supplemental Information

Corrections and Updates

Correction: On March 17, 2015, CBO reposted the accompanying Data Underlying Figures and Supplemental Data. The updated version includes changes on tabs 5, 7, and 8, providing additional information in instances in which numbers rounded to zero.