ReportMay 24, 2018
Over the next 10 years, the cumulative deficit under the President’s proposals would be $2.9 trillion less than the $12.4 trillion in CBO’s baseline. The deficit would average 3.7 percent of GDP, CBO estimates.
ReportJuly 13, 2017
Under the President’s proposals, budget deficits from 2018 through 2027 would total nearly one-third less than those in CBO’s baseline projections, ranging between 2.6 percent and 3.3 percent of GDP, down from 3.6 percent in 2017.
ReportJune 6, 2016
The President’s budget proposals would make U.S. output larger over the next decade than it would be under current law—mostly by changing immigration laws. The economic effects would affect the budget in ways that would reduce deficits.
ReportMarch 29, 2016
CBO and the staff of the Joint Committee on Taxation (JCT) project that, between 2017 and 2026, the President’s budget would result in deficits averaging 3 percent of GDP and totaling $6.9 trillion, $2.4 trillion less than CBO’s baseline.