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- Report
In certain reports and for some major pieces of legislation, CBO analyzes the short- and longer-term effects on the overall economy of changes in federal tax and spending policies. This report explains the methods that CBO uses.
- Report
The President’s policies would make U.S. output larger over the next decade than it would be under current law—mostly by changing immigration laws. Such economic effects would feed back into the budget in ways that would reduce deficits.
- Report
Enacting the President’s proposals would, CBO and JCT estimate, result in deficits totaling $6.6 trillion between 2015 and 2024, $1.0 trillion less than the cumulative deficit in CBO’s current-law baseline.