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- Blog Post
Director Keith Hall testified before the Senate Budget Committee on CBO's latest long-term projections for the budget.
- Report
If current laws remained generally unchanged, federal debt held by the public would exceed 100 percent of GDP by 2040 and continue on an upward path relative to the size of the economy—a trend that could not be sustained indefinitely.
- Presentation
Presentation by Wendy Edelberg, Assistant Director for CBO’s Macroeconomic Analysis Division, at the Conference of Business Economists.
- Report
Under budgetary paths, but not particular policies, specified in the 2016 budget resolution conference report, total debt would be smaller than in CBO’s baseline. Economic output would be lower in the next few years but higher thereafter.
- Report
Under budgetary paths, but not particular policies, specified by Chairman Enzi, total deficits and debt would be smaller than under CBO’s baseline. Economic output would be lower in the next few years but higher thereafter.
- Report
Under budgetary paths, but not particular policies, specified by Chairman Price, total deficits and debt would be smaller than under CBO’s extended baseline. Economic output would be lower in the next few years but higher thereafter.
- Working Paper
This paper asks: What models do economists use to estimate the fiscal multiplier (for proposed changes in taxes and government spending)? Why do estimates of it vary widely? And how can economists use those estimates to analyze U.S. economic policy?
- Report
In certain reports and for some major pieces of legislation, CBO analyzes the short- and longer-term effects on the overall economy of changes in federal tax and spending policies. This report explains the methods that CBO uses.
- Report
The President’s policies would make U.S. output larger over the next decade than it would be under current law—mostly by changing immigration laws. Such economic effects would feed back into the budget in ways that would reduce deficits.
- Report
If current laws remained generally unchanged, federal debt held by the public would exceed 100 percent of GDP by 2039 and would be on an upward path relative to the size of the economy—a trend that could not be sustained indefinitely.