The CBO Budget and Economic Outlook

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 ...

Budget and Economic Data | Congressional Budget Office

CBO regularly publishes data to accompany some of its key reports. These data have been published in the Budget and Economic Outlook and Updates and in ...

Visualizing CBO's Budget and Economic Outlook

The Congressional Budget Office's (CBO) February 2024 report on the budget and economic outlook of the United States.

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 ...

Congressional Budget Office Updates Baseline: Deficit Spending is ...

CBO now projects that deficit spending for FY24 will reach a staggering $1.9 trillion, an estimate that is $400 billion higher than CBO predicted just four ...

CBO's New Report Shows Worsening Fiscal Outlook

CBO projects that the annual budget deficit will rise over the next 10 years, climbing from $1.9 trillion in 2024 to $2.9 trillion in 2034.

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 ...

CBO: National Debt to Reach Record Share of GDP in Just Three

The annual budget deficit is projected to reach $2 trillion this fiscal year and grow to $2.8 trillion by 2034. Cumulative deficits from 2025 to ...

CBO's June 2024 Budget and Economic Outlook

This report updates the February 2024 baseline to include recent legislation and executive actions as well as changes to various economic and technical factors.

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

In CBO's projections, the federal budget deficit grows from $1.6 trillion in fiscal year 2024 to. $2.6 trillion in 2034. Deficits also expand in ...

CBO Examines Budget, Economic Outlook - Tax Notes

Total outlays are projected to increase by just $5 billion, while revenues are projected to rise by $70 billion. ... At the same time, revenues are projected to ...

The Important Immigration Story in CBO's New Budget and ...

The Congressional Budget Office (CBO) published its annual Budget and Economic Outlook on February 7, this one for the fiscal years 2024 through ...

House Budget Committee Holds Hearing Titled “The Congressional ...

CBO is now projecting that the federal government will spend 10 percent less on discretionary spending over the next decade, largely due to the ...

The CBO Budget and Economic Outlook| Hearings

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Highlights of CBO's Update to the Budget and Economic Outlook for ...

The Congressional Budget Office (CBO) released its updated budget and economic outlook, which provides Congress with a 10-year budget and economic baseline.

Major Takeaways from CBO's Updated Long-Term Outlook

The CBO reduced its projections of the cumulative deficit from 2024-2033 relative to the same period in its last estimate as of May 2023, from ...

June 2024 CBO Budget and Economic Outlook

The CBO updated its ten-year budget and economic outlook for 2024 to 2034 this week, projecting record levels of deficits and national debt over the next ...

CBO Director Testifies on Budgetary and Economic Outlook - C-SPAN

Congressional Budget Office Director Phillip Swagel testified before the House Budget Committee on the U.S. budgetary and economic outlook.

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 ...

Feb CBO Budget & Economic Projections are Troubling

Feb CBO Budget & Economic Projections are Troubling · In response to sharp increases in interest rates, the CBO expects economic growth to slow ...