An Evaluation of CBO’s Past Outlay Projections

Difference between CBO’s budget-year projections of total outlays and actual amounts

In the baseline projections CBO has issued each spring, projected outlays have generally been close to actual amounts, although they have been too high, on average—a consequence of the agency’s economic forecasts and other factors.

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Data and Supplemental Information

Corrections and Updates

On December 12, 2018, CBO reposted the file of data underlying figures and tables with corrections.