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How Changes in Economic Conditions Might Affect the Federal Budget: 2023 to 2033

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  • Congressional Budget Office

Abstract

To show how variations in economic conditions might affect its budget projections, CBO analyzed how revenues, outlays, and deficits might change if the values of key economic variables differed from those in the agency’s forecast.

Suggested Citation

  • Congressional Budget Office, 2023. "How Changes in Economic Conditions Might Affect the Federal Budget: 2023 to 2033," Reports 58605, Congressional Budget Office.
    • Handle: RePEc:cbo:report:58605
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    File URL: https://www.cbo.gov/system/files/2023-04/58605-rules-of-thumb.pdf
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    More about this item

    JEL classification:

    • E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E47 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Forecasting and Simulation: Models and Applications
    • H60 - Public Economics - - National Budget, Deficit, and Debt - - - General
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure

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