An Update to the Budget and Economic Outlook: 2015 to 2025

August 25, 2015
Report

CBO expects that the deficit this year will be $426 billion––$60 billion less than projected in March. The economy is expected to expand modestly this year, at a solid pace in 2016 and 2017, and at a more moderate pace in subsequent years.  

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

Data and Supplemental Information

Corrections and Updates

On September 3, 2015, CBO reposted this report; the updated version corrects a typographical error.