CBO To Release Updated Baseline Projections and Analysis of the President’s FY 2015 Budget Next Week
CBO plans to release its updated 10-year baseline projections of federal spending, revenues, and budget deficits on Monday, April 14. The projections reflect new information obtained since The Budget and Economic Outlook: Fiscal Years 2014-2024 was issued in February and will be available on CBO’s website at 11:00 a.m. Also on Monday, CBO will release a separate document detailing its revised estimates of the budgetary effects of the insurance coverage provisions of the Affordable Care Act. (Those estimates are incorporated in the agency’s new baseline projections; CBO’s most recent projections of the effects of that legislation were released in February.)
In addition, each year, CBO works together with the staff of the Joint Committee on Taxation to estimate the budgetary effects of the changes to spending programs and the tax code that were proposed in the President’s budget. That analysis of the budget outlook under the President’s proposals will be available on CBO’s website at 10:00 a.m. on Thursday, April 17.
Deborah Kilroe is CBO's Associate Director for Communications.