The Long-Term Budget Outlook Under Alternative Scenarios for the Economy and the Budget

Congressional Budget Office

No 59233, Reports from Congressional Budget Office

Abstract: In CBO’s most recent extended baseline projections, federal debt held by the public rises from 98 percent of GDP in 2023 to 181 percent of GDP in 2053—exceeding any previously recorded level and on track to increase further.

JEL-codes: E20 E60 E61 E62 E66 H50 H55 H60 H61 H62 H63 H68 (search for similar items in EconPapers)
Date: 2023-07-20
New Economics Papers: this item is included in nep-pub
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