Updated Budget Projections: Fiscal Years 2013 to 2023
Summary
Data and Supplemental Information
Budget Data
Baseline Projections for Education
Baseline Projections for Health
Baseline Projections for Social Security and Pensions
Baseline Projections for Other Income Security
Baseline Projections for Other Programs
Corrections and Updates
Updated: In July 2013, the Bureau of Economic Analysis (BEA) revised upward the historical values for gross domestic product (GDP); CBO extrapolated from those revisions so that its baseline projections of GDP reflect them. Although CBO's projections of revenues, outlays, deficits, and debt over the 2013-2023 period have not changed since they were issued in May, those amounts measured as a percentage of GDP are now lower as a result of BEA's revisions. An updated version of Table 1 of this report shows those percentages of GDP taking into account BEA’s revisions.