The 2019 Long-Term Budget Outlook

Report

If current laws generally remained unchanged, large budget deficits would boost federal debt to unprecedented levels over the next 30 years, CBO projects.

Data and Supplemental Information

Corrections and Updates

On July 30, 2019, CBO reposted the file of long-term budget projections to include additional data for the percentage of population growth attributable to births, deaths, and net immigration. In the same file, CBO also corrected values for earnings as a share of compensation.