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This infographic provides an overview of CBO's report, The 2016 Long-Term Budget Outlook. Gain quick insight into why CBO projects a substantial imbalance in the federal budget beyond the next 10 years.
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Since 2008, corporate income tax receipts have been smaller, relative to the size of the economy, than their historical average of 1.9 percent of GDP—largely because the recent recession substantially reduced taxable corporate profits.
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The 2012 Long-Term Budget Outlook: Infographic
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The federal government spent $3.6 trillion in fiscal year 2011 (which ended on September 30, 2011).
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The federal government spent $3.6 trillion in fiscal year 2011 (which ended on September 30, 2011).
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Budget Infographic - Revenues
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Infographic
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CBO's first infographic summarizes some of the agency's most recent projections for Social Security and provides background information on the program.