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- Report
If current laws remained generally unchanged, the United States would face steadily increasing federal budget deficits and debt over the next 30 years—reaching the highest level of debt relative to GDP ever experienced in this country.
- Report
Federal investment in physical capital, education, and research and development boosts private-sector productivity gradually. The overall macroeconomic and budgetary effects of federal investment depend on how that spending is financed.
- Report
The President’s budget proposals would make U.S. output larger over the next decade than it would be under current law—mostly by changing immigration laws. The economic effects would affect the budget in ways that would reduce deficits.
- Report
Under budgetary paths (not particular policies) specified by Chairman Price, the budget would show a surplus in 2026. In comparison with CBO's extended baseline, economic output would be lower in the next few years but higher after 2020.
- Presentation
Presentation by Wendy Edelberg, an Associate Director for Economic Analysis at CBO, at the University of Chicago Booth School of Business
- Cost Estimate
Direct spending and revenue effects of H.R. 3762, as passed by the Senate on December 3, 2015, and following enactment of the Consolidated Appropriations Act, 2016