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This slide deck provides a quick overview of CBO's economic forecast published in An Update to the Budget and Economic Outlook: 2014 to 2024.
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This infographic is part of a set of four being released today about the federal budget.
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This infographic is part of a set of four being released today about the federal budget.
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This infographic is part of a set of four being released today about the federal budget.
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This infographic is part of a set of four about the federal budget. See how much the government spent and took in during 2013 as well as other information about the budget, deficits, and debt.
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Since 2008, corporate income tax receipts have been smaller, relative to the size of the economy, than their historical average of 1.9 percent of GDP—largely because the recent recession substantially reduced taxable corporate profits.
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In 2013, 37 percent of low- and moderate-income taxpayers who have earnings face total marginal tax rates between 30 percent and 39 percent, and over 20 percent of that group face marginal rates of 40 percent or more.
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In 2012, 27 percent of the foreign-born population between the ages of 25 and 64 had not completed high school, compared with 7 percent of the native-born population.
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By 2010, nearly 40 million foreign-born people lived in the United States, constituting about 13 percent of the U.S. population.
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The Department of Homeland Security has estimated that, in 2011, about 11.5 million U.S. residents were in the country without legal authorization—about 3 million more than in 2000.