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An Overview of The 2020 Long-Term Budget Outlook

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Congressional Budget Office
Congressional Budget Office

Presentation by Phill Swagel, CBO’s Director, at the Economic Policy Summit 2020.

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Congressional Budget Office Presentation at the Economic Policy Summit 2020 September 24, 2020 Phillip L. Swagel Director An Overview of The 2020 Long-Term Budget Outlook For further information about the venue, see https://tinyurl.com/y6puwwnk.
1 CBO Federal Debt Held by the Public
2 CBO The Federal Budget
3 CBO Total Outlays and Revenues
4 CBO Components of Outlays
5 CBO Sources of Revenues
6 CBO Composition of Federal Deficits
7 CBO The Size of Policy Changes Needed to Make Federal Debt Meet Two Possible Goals in 2050 79 Percent of GDP 100 Percent of GDP Deficit Reduction Needed Annually, 2025 to 2050 (Percentage of GDP) 3.6 2.9 Total reduction in 2025 (Billions of dollars) 900 730 Per person reduction in 2025 (Dollars) 2,700 2,200 2050 Debt Target
8 CBO How Timing Affects the Size of Policy Changes Needed to Make Federal Debt Meet Two Possible Goals in 2050
9 CBO Population
10 CBO Average Annual Growth of Real Potential GDP
11 CBO Composition of Federal Outlays
12 CBO Interest Rate on 10-Year Treasury Notes
13 CBO Federal Debt If Total Factor Productivity Growth Differed
14 CBO Federal Debt If Interest Rates Differed

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