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In CBO’s projections, federal budget deficits total $20 trillion over the 2025–2034 period and federal debt held by the public reaches 116 percent of GDP. Economic growth slows to 1.5 percent in 2024 and then continues at a moderate pace.
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Parameters used in CBO’s microsimulation tax model and effective marginal tax rates on labor and capital.
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Projections of budget authority and outlays at the budget account level, organized by Treasury Identification Number.
- Recurring Data
Projections of revenues by category, estimates of the effects of extending tax provisions scheduled to expire within ten years, and estimates of selected policy options affecting revenues. Starting in April 2018, additional information on revenue projection errors and a listing of legislation with significant impacts on federal revenues have been added to the data.
- Recurring Data
Trust fund balances projected in CBO’s baseline.
- Recurring Data
Projections of output, prices, labor market measures, interest rates, and income. Beginning in January 2020, these files also include projections of potential GDP (the economy’s maximum sustainable output) and its underlying inputs.