The Long-Term Budget Outlook: 2024 to 2054


The federal budget deficit increases significantly in relation to gross domestic product over the next 30 years, in CBO’s projections, pushing federal debt held by the public far beyond any previously recorded level.

Data and Supplemental Information

Corrections and Updates

On April 5, 2024, CBO reposted the supplemental file “Long-Term Budget Projections” to add projections of gross federal debt in Table 1.