Over the next 10 years, the cumulative deficit under the President’s proposals would be $2.9 trillion less than the $12.4 trillion in CBO’s baseline. The deficit would average 3.7 percent of GDP, CBO estimates.
Over the next 10 years, the cumulative deficit under the President’s proposals would be $2.9 trillion less than the $12.4 trillion in CBO’s baseline. The deficit would average 3.7 percent of GDP, CBO estimates.