Budget and Economic Forecast

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 ...

The Budget and Economic Outlook: 2024 to 2034

In CBO's projections, federal budget deficits total $20 trillion over the 2025–2034 period and federal debt held by the public reaches 116 ...

Visualizing CBO's Budget and Economic Outlook

The Budget Outlook · The deficit will hit $1.6 trillion this fiscal year (5.6% of GDP), a slight decrease from last year's $1.7 trillion deficit ...

Budget and Economic Forecast - Minnesota.gov

Summary. Minnesota's budget and economic outlook has improved since November. The 2024-25 biennium is now projected to end with a surplus of ...

The CBO Budget and Economic Outlook: Debt Projected to Grow to ...

Over the next decade, excessive spending is the primary cause of elevated deficits. The CBO projects outlays growing from $6.5 trillion in 2024 ...

The Budget and Economic Outlook: 2024 to 2034 - Congress.gov

economy. My statement summarizes CBO's new baseline budget projections and economic forecast, which the agency released on February 7.

Budget and Economic Forecast - Minnesota.gov

Our Budget and Economic Forecast of state revenues and expenditures is prepared two times each year in November and February. Forecast information is used by ...

The federal budget outlook - Brookings Institution

The average nominal interest rate on government debt rises to exceed the nominal economic growth rate by 2046, setting off the possibility of ...

January Economic Update shows lower revenues, higher economic ...

1. End of year 2016 revenues are below projections. · 2. Higher national economic growth projected for 2016 and onward. · 3. The national economy ...

Projected State Shortfalls Grow as Economic Forecasts Worsen

As economic projections worsen, so do the likely state budget shortfalls from COVID-19's economic fallout. We now project shortfalls of $765 ...

Budget Projections | Committee for a Responsible Federal Budget

In the latest Congressional Budget Office (CBO) baseline, nominal spending is projected to grow from $6.8 trillion in Fiscal Year (FY) 2024 to $10.3... Read ...

The CBO Budget and Economic Outlook in the Post-COVID Fiscal Era

Growing spending is driving the growth in deficits. Federal outlays are projected to grow from $6.2 trillion in 2023 to nearly $10 trillion in ...

State's October economic update shows higher revenue collections ...

National economic growth projections for 2024 and 2025 are stronger than in the February Forecast. Forecasters predict national GDP growth in ...

Budget & Economic Outlook Reports | U.S. Government Bookstore

Are you having trouble finding the official Budget & Ecomic Outlook Reports? You will find some of the annual economic outlook projections, ...

Economic and Fiscal Policy Report FY24 FINAL ... - Illinois' budget

The forecast assumes the national unemployment rate will continue at a historical low of 3.7 percent for the remainder of fiscal year 2024 ...

The Budget and Economic Outlook: 2017 to 2027 | Press Briefing

On January 24, 2017, CBO Director Keith Hall spoke with members of the press about CBO's Budget and Economic Outlook: 2017 to 2027.

CBO's February 2024 Budget and Economic Outlook

After growing from $1.4 trillion in FY 2022 to $1.7 trillion in 2023, CBO projects deficits will fall to $1.5 trillion in 2024. CBO projects ...

US Economic Forecast Q3 2024 | Deloitte Insights

Despite the Inflation Reduction Act aiming to reduce the federal budget deficit, we predict the deficit as a share of GDP will fall only ...

Forecasts by Calendar Year - Colorado General Assembly |

Economy & Budget · Forecasting · Economy · Budget ... Economic and Revenue Forecast, September 2024 ... Economic and Revenue Forecast, December 2018 · Economic and ...

Update on the Administration's Economic Assumptions | OMB

Because agencies base their budget forecasts and estimates of the impact of the President's policies in part on these projections, assumptions ...