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- Report
CBO’s Director, Phillip Swagel, testifies before the House Budget Committee.
- Presentation
CBO’s Director, Phillip Swagel, briefs members of the press on the current budget and economic outlook.
- Blog Post
CBO’s Director, Phillip Swagel, discusses the current budget and economic outlook.
- Report
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.
- Recurring Data
- Recurring Data
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- Recurring Data
Parameters used in CBO’s microsimulation tax model and effective marginal tax rates on labor and capital.
- Recurring Data
Projections of budget authority and outlays at the budget account level, organized by Treasury Identification Number.