Government Information

Earl Gregg Swem Library

The Budget and Economic Outlook: 2018 to 2028

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

https://www.cbo.gov/system/files/115th-congress-2017-2018/reports/53651-outlook.pdf

Estimates that the federal budget deficit will grow substantially over the next few years, then stabilize at a high level by historical standards.  Sees federal deficit rising to nearly 100% of GDP by 2028.  From the Congressional Budget Office