An Analysis of the President’s 2017 Budget

March 29, 2016

CBO and the staff of the Joint Committee on Taxation (JCT) project that, between 2017 and 2026, the President’s budget would result in deficits averaging 3 percent of GDP and totaling $6.9 trillion, $2.4 trillion less than CBO’s baseline.

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A subsequent version of this report, An Analysis of the President’s 2018 Budget, was published in July 2017.

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