Déjà Vu All Over Again: On the Dismal Prospects for the Federal Budget

Alan Auerbach and William Gale

National Tax Journal, 2010, vol. 63, issue 3, 543-60

Abstract: This paper provides new estimates of the federal budget outlook over 10-year and long-term horizons under three sets of assumptions: the Congressional Budget Office baseline, which assumes no changes in current law; an extended policy scenario, in which it is assumed that future Congresses act more or less like previous Congresses in extending expiring provisions; and the Administration budget.

Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:ntj:journl:v:63:y:2010:i:3:p:543-60

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