The 2015 Long-Term Budget Outlook


If current laws remained generally unchanged, federal debt held by the public would exceed 100 percent of GDP by 2040 and continue on an upward path relative to the size of the economy—a trend that could not be sustained indefinitely.

Data and Supplemental Information

Corrections and Updates

Since the initial release, CBO has reposted this file (most recently on September 25, 2015) with minor corrections to Chapter 2, Chapter 7, and Appendix A. The corrections are noted on pages 47, 95, 103, 104, and 113.