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As ordered reported by the Senate Committee on Commerce, Science, and Transportation on July 24, 2019
As ordered reported by the Senate Committee on Energy and Natural Resources on July 16, 2019
As ordered reported by the House Committee on Financial Services on July 11, 2019
As ordered reported by the Senate Committee on Energy and Natural Resources on July 16, 2019
As ordered reported by the House Committee on Financial Services on June 11, 2019
As ordered reported by the House Committee on Natural Resources on June 19, 2019
As ordered reported by the House Committee on Energy and Commerce on April 4, 2019
Today, CBO released An Update to the Budget and Economic Outlook: 2019 to 2029. In that report, we provide our latest projections of the federal budget and the U.S. economy under current law for this year and the decade that follows.
In CBO’s projections, federal budget deficits remain large by historical standards, and federal debt grows to equal 95 percent of GDP by 2029. Economic growth is expected to slow from 2.3 percent in 2019 to a rate that is below its long-run historical average.
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