Budget

CBO's regular budget publications include semiannual reports on the budget and economic outlook, annual reports on the President's budget and the long-term budget picture, and a biannual set of options for reducing budget deficits. CBO also prepares cost estimates and mandate statements for nearly all bills that are reported by Congressional committees. Numerous analytic studies provide more in-depth analysis of specific budgetary issues.

BUDGET PROJECTIONS FOR FY 2024

(As of )

OUTLAYS

$6.4 Trillion

REVENUES

$4.9 Trillion

DEFICIT

$1.5 Trillion

DEBT HELD BY THE PUBLIC (End of Fiscal Year)

$27.9 Trillion