The U.S. faces a challenging fiscal outlook according to CBO's extended baseline projections, which show budget deficits and federal debt held by the public growing steadily in relation to gross domestic product over the next three decades.
The U.S. faces a challenging fiscal outlook according to CBO's extended baseline projections, which show budget deficits and federal debt held by the public growing steadily in relation to gross domestic product over the next three decades.
In CBO’s projections, the size of the U.S. population increases from 335 million people in 2022 to 369 million people in 2052. Population growth is increasingly driven by net immigration, which accounts for all population growth in 2043 and beyond.
