1. Congressional Budget Office
Federal Budget Challenges
Presentation at the U.S. Monetary Policy Forum
Douglas W. Elmendorf
Director
February 22, 2013
2. Total Federal Deficits or Surpluses
(Percentage of GDP)
Estimates from The Budget and Economic Outlook: Fiscal Years 2013 to 2023 (February 2013).
CONGRESSIONAL BUDGET OFFICE
3. Total Federal Revenues and Outlays
(Percentage of GDP)
Estimates from The Budget and Economic Outlook: Fiscal Years 2013 to 2023 (February 2013).
CONGRESSIONAL BUDGET OFFICE
4. Federal Debt Held by the Public
(Percentage of GDP)
Actual Projected
Estimates from The Budget and Economic Outlook: Fiscal Years 2013 to 2023 (February 2013).
CONGRESSIONAL BUDGET OFFICE
5. Projected Growth in Major Federal Spending Categories
(Percentage of GDP)
Estimates from The Budget and Economic Outlook: Fiscal Years 2013 to 2023 (February 2013).
CONGRESSIONAL BUDGET OFFICE
6. Unemployment Rate
(Percent)
Estimates from The Budget and Economic Outlook: Fiscal Years 2013 to 2023 (February 2013).
CONGRESSIONAL BUDGET OFFICE
7. Components of Federal Spending
(Percentage of GDP)
Estimates from The Budget and Economic Outlook: Fiscal Years 2013 to 2023 (February 2013).
CONGRESSIONAL BUDGET OFFICE