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An Update to the Budget and Economic Outlook: 2016 to 2026 [i] (August 2016)

handle is hein.congrec/cbo3078 and id is 1 raw text is: 






CONGRESS OF THE UNITED STATES
CONGRESSIONAL BUDGET OFFICE



  CBO


Percentage of GDP
28                                        'C-1 PrC e
    24         Outlays
24

20

16
    16        Revenues

12

8

4

1966 1971 1976 1981  1986  1991 1996  2001 2006   2011 2016  2021 2026



                                          Percent
                                          6


Growth in real GDP will be driven by

consumer spending and by business

and residential investment during the

next few years and will be modest over

the coming decade, CBO projects.


Over the next decade, outlays are

projected to grow more quickly than

revenues, increasing the debt.


-41
2001       2006       2011      2016       2021      2026


Percent

        6P

                                                  1Interest rates on Treasury securities

                                                                 are projected to rise steadily over the

                                                                 next few years, reflecting the cotinued
2
                                                                 economic improvement.


0
2001       2006       2011       2016      2021       2026

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