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Bookmark or Share- Outlook for the Budget and the Economy - Congressional Budget OfficeIn CBO’s projections, federal budget deficits total $20 trillion over the 2025–2034 period and federal debt held by the public reaches 116 percent of GDP. Economic growth slows to 1.5 percent in 2024 and then continues at a moderate pace.
- Congressional Budget OfficeCBO describes its projections of the federal budget and the U.S. economy under current law for this year and the decade that follows. In those projections, the federal budget deficit in fiscal year 2025 is $1.9 trillion and grows to $2.7 trillion by 2035 (if adjusted to remove the effects of shifts in the timing of certain payments that ...
- Options for Reducing the Deficit: 2025 to 2034 | Congressional Budget ...This report, the latest in the series, presents 76 options for altering spending and revenues to reduce federal budget deficits. The options come from a variety of sources, including legislative proposals, budget proposals from various Administrations, Congressional staff, federal agencies, and private groups.
- Budget and Economic Data - Congressional Budget OfficeLong-Term Budget Projections. Extensions of 10-year budget projections for additional decades. Beginning in March 2021, extensions of 10-year economic projections for additional decades are included in the supplemental files that contain CBO’s long-term economic projections.
- An Analysis of the President’s 2025 Budget - Congressional Budget OfficeO n March 11, 2024, the Administration submitted its annual set of budgetary proposals to the Congress. 1 In this report, the Congressional Budget Office examines how those proposals, if enacted, would affect budgetary outcomes in relation to CBO’s most recent baseline budget projections. 2 Those projections extend from 2024 to 2034 and reflect the assumption that current laws governing ...
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