Government Information

Earl Gregg Swem Library

The Budget and Economic Outlook: 2017 to 2027

Categories: Business/Economics,Govt Finance,Headlines,Laws/Regulations,Statistics

https://www.cbo.gov/sites/default/files/115th-congress-2017-2018/reports/52370-outlook.pdf

Offers a ten year forecast of the budget and economic situation if current laws remain generally unchanged.  Predicts growth in spending will be outpaced by growth of expenses in entitlement programs, with a deficit of $559 billion  or 2.9% of GDP in 2017. From the Congressional Budget Office