Tax Policy Center

budget forecast

Federal Budget and Economy: TaxVox
CBO Predicts Historic Levels of Debt By Mid-Century If the US continues today’s patterns of taxes and spending, the national debt will almost triple as...
June 25, 2019Howard Gleckman
Federal Budget and Economy: TaxVox
In its annual budget update, the Congressional Budget Office projected yesterday that under current law the federal deficit is headed for $1 trillion by 2022...
January 29, 2019Howard Gleckman