An Update to the Budget and Economic Outlook: 2017 to 2027

Congressional Budget Office

No 52801, Reports from Congressional Budget Office

Abstract: In CBO’s baseline projections, the deficit in 2017 totals $693 billion, $134 billion more than CBO projected in January. If current law generally remained unchanged, the deficit would be on a path to rise over the next decade, with growth in revenues outpaced by growth in spending for large federal benefit programs and for interest payments on the debt.

JEL-codes: H20 H60 H61 H62 H63 H68 (search for similar items in EconPapers)
Date: 2017-06-29
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Citations: View citations in EconPapers (19)

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