The budget and economic outlook: 2020 to 2030

The budget and economic outlook: 2020 to 2030

Collection:
Health Policy and Services Research
Contributor(s):
United States. Congressional Budget Office, issuing body.
Publication:
[Washington, DC] : Congressional Budget Office, January 2020
Language(s):
English
Format:
Text
Subject(s):
Budgets -- statistics & numerical data
Budgets -- trends
United States
Genre(s):
Technical Report
Abstract:
In this report, the Congressional Budget Office provides detailed projections of the federal budget and the U.S. economy under current law for this year and the decade that follows as well as projections for the following two decades. The cumulative deficit currently projected for the next 10 years is slightly larger than what CBO projected last August because deficit increases resulting from new legislation and other changes are greater than the deficit-reducing effects of revisions to CBO's economic forecast. Beyond 2030, projected deficits have increased substantially. As a result, debt held by the public as a percentage of gross domestic product (GDP) in 2049 is now projected to be 30 percentage points higher than it was in CBO's previous long-term projections.
Copyright:
The National Library of Medicine believes this item to be in the public domain. (More information)
Extent:
1 online resource (1 PDF file (84 pages))
Illustrations:
Illustrations
NLM Unique ID:
101764554 (See catalog record)
Permanent Link:
http://resource.nlm.nih.gov/101764554