Outlook for the Budget and the Economy
- Presentation
The Economy and the Budget
Presentation by Phillip Swagel, CBO’s Director, to the Prosperity Caucus.
- Report
Spending Reductions That Would Balance the Budget in 2033
CBO provides information about two budgetary paths specified by Chairman Whitehouse and Chairman Wyden that would eliminate the deficit through reductions in spending.
- Presentation
The Budget, the Economy, and the Budgetary Effects of Legislative Changes
A briefing by Phillip Swagel, CBO’s Director, for the U.S. House of Representatives.
- Presentation
The Budget: Health Care, Energy, and Telecommunications
Presentation by Phillip Swagel, CBO’s Director, to the Republican Members of the House Energy and Commerce Committee.
- Presentation
A Presentation on The Budget and Economic Outlook: 2023 to 2033
Presentation by Phillip Swagel, CBO’s Director, to the Committee for Economic Development of the Conference Board.
- Blog Post
Director’s Statement on the Budget and Economic Outlook for 2023 to 2033
CBO Director Phillip Swagel discusses the current budget and economic outlook.
- Report
Federal Debt and the Statutory Limit, February 2023
CBO projects that, if the debt limit is not raised or suspended, the government’s ability to issue additional debt—other than to replace maturing securities—will be exhausted between July and September 2023.
- Presentation
The Budget and Economic Outlook for 2023 to 2033 in 9 Slides
CBO Director Phillip Swagel briefs members of the press on the current budget and economic outlook.
- Report
The Budget and Economic Outlook: 2023 to 2033
In CBO’s projections, the federal deficit totals $1.4 trillion in 2023 and averages $2.0 trillion per year from 2024 to 2033. Real GDP growth comes to a halt in 2023 and then rebounds, averaging 2.4 percent from 2024 to 2027.
- Blog Post
CBO to Release Updated Budget and Economic Projections on February 15
CBO will release "The Budget and Economic Outlook: 2023 to 2033" and "Federal Debt and the Statutory Limit, February 2023," at 2 p.m. EST on February 15.