Updated Budget Projections: 2016 to 2026

Report

CBO projects a $534 billion deficit in fiscal year 2016, about $100 billion more than in 2015. If current laws generally remained unchanged, the deficit would increase from 2.9 percent to 4.9 percent of GDP over the next decade.

Subsequent projections appear in Budget and Economic Outlook and Updates.

Baseline Projections for Education