The Budget Outlook: Updates and Implications

Research Report

The Budget Outlook: Updates and Implications

February 16, 2004

Abstract

The Congressional Budget Office (2004) has released new baseline budget projections, covering fiscal years 2005-2014. This article examines the baseline CBO projections, adjusts the official data in ways that more accurately reflect the current trajectory of tax and spending policies, and discusses some of the implications.

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