The Budget and Economic Outlook: Fiscal Years 2004-2013
Abstract
Each January, the Congressional Budget Office (CBO) issues its outlook for the budget and the economy to help the Congress prepare for the upcoming legislative year. The baseline budget projections that CBO provides are based on the assumption that current laws and policies remain unchanged as well as on various estimates and assumptions about how the economy will behave and government programs will operate. Such projections are always uncertain, but this year, the uncertainty seems to be magnified. As a result, estimates of budgetary outcomes should be interpreted cautiously.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 01, 2003
- Accession Number
- ADA411149
Entities
Organizations
- Congressional Budget Office