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

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.  

Data and Supplemental Information

Baseline Projections for Other Programs

Corrections and Updates

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