This presentation highlights some key findings about the economic outlook from CBO’s recent report The Budget and Economic Outlook: 2020 to 2030.

    

This presentation highlights some key findings about the budget outlook from CBO’s recent report The Budget and Economic Outlook: 2020 to 2030.

    

In CBO’s projections of the outlook under current law, deficits remain large by historical standards, federal debt grows to 98 percent of GDP by 2030, and the economy expands at an average annual rate of 1.7 percent from 2021 to 2030.