An Analysis of the President’s 2023 Budget

Congressional Budget Office

No 58417, Reports from Congressional Budget Office

Abstract: On March 28, 2022, the Administration submitted its annual set of budgetary proposals to the Congress. 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. Under the President’s proposals, the cumulative deficit for the 2023-2032 period would be $2.6 trillion smaller than it is in CBO’s baseline projections because revenues would be higher and spending lower.

JEL-codes: H20 H30 H50 H51 H55 H60 H61 H62 H63 H68 (search for similar items in EconPapers)
Date: 2022-09-13
New Economics Papers: this item is included in nep-pub
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