CBO estimates that the effects on revenues and mandatory spending of laws enacted in 2020 will add $2.8 trillion to deficits from 2020 to 2030—the net result of a $634 billion reduction in revenues and a $2.2 trillion increase in outlays.
CBO estimates that the effects on revenues and mandatory spending of laws enacted in 2020 will add $2.8 trillion to deficits from 2020 to 2030—the net result of a $634 billion reduction in revenues and a $2.2 trillion increase in outlays.
