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The Budget Outlook press briefing 2013
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The Budget Outlook press briefing 2013

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  • 1. Congressional Budget OfficeThe Budget and Economic OutlookPress BriefingDouglas W. ElmendorfDirectorFebruary 5, 2013
  • 2. February 2013Real GDP (Percentage change) CONGRESSIONAL BUDGET OFFICE
  • 3. February 2013GDP and Potential GDP (Trillions of 2005 dollars) CONGRESSIONAL BUDGET OFFICE
  • 4. February 2013Unemployment Rate (Percent) CONGRESSIONAL BUDGET OFFICE
  • 5. February 2013Total Deficits or Surpluses (Percentage of GDP) CONGRESSIONAL BUDGET OFFICE
  • 6. Total Revenues and Outlays (Percentage of GDP) CONGRESSIONAL BUDGET OFFICE
  • 7. February 2013Federal Debt Held by the Public (Percentage of GDP) 140 Actual Projected 120 100 80 60 40 20 0 1940 1945 1950 1955 1960 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 2020 CONGRESSIONAL BUDGET OFFICE
  • 8. February 2013Projected Growth in Major Budget Categories (Percentage of GDP) 7 Major Health Care Programs 6 5 Social Security Defense 4 Discretionary Spending 3 Nondefense Discretionary Spending 2 Other Mandatory Spending Net Interest 1 0 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 CONGRESSIONAL BUDGET OFFICE

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