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- Report
On February 10, the Administration transmitted its annual set of budgetary proposals to the Congress. CBO estimates that in the coming decade deficits under those proposals would be smaller and debt held by the public would be lower than amounts in CBO’s baseline projections—but larger than the Administration projected. CBO’s estimates do not account for changes to the nation’s economic or fiscal outlook arising from the recent public health emergency.
- Recurring Data
- Recurring Data
- 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.
- Blog Post
CBO To Release Updated Baseline Projections and Analysis of the President’s FY 2015 Budget Next Week
CBO plans to release its updated 10-year baseline projections of federal spending, revenues, and budget deficits on Monday, April 14.
- Working Paper
This paper reviews CBO’s estimates of the effects of changes in federal deficits on national saving and private domestic investment.