How Will the Federal Budget Change Over the Decade if Congress Does Nothing?

Brief

How Will the Federal Budget Change Over the Decade if Congress Does Nothing?

Estimates from Fiscal Policies in Place at the Start of 2019

Abstract

The federal budget in place at the beginning of 2019 puts a substantial squeeze on almost all areas of government activity other than health, Social Security, and interest on the debt. Before funding is spent on anything else, those three items capture far more than all the projected growth in revenues that accompany economic growth. Indeed, almost all programs oriented toward economic growth—investments in work, saving, education, skills, and capital—will continue to suffer as long as we stay on this budget path.

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