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Budget and Economic Outlook: 2017 to 2027 [i] (January 24, 2017)

handle is hein.congrec/cbo3319 and id is 1 raw text is: CONGRESS OF THE UNITED STATES CONGRESSIONAL BUDGET OFFICE CBO.... Percentage of GDP 4 Actual Current-Lai SurplusesProjection 2 0 ol -2 -4 Average, -6 1967 to 2016 Deficits -8 -10 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 2020 2025 Growth in revenues is projected to be eventually outpaced by rapid growth in spending for major programs that benefit older people and for interest on the federal debt. Percentage of GDP 100 80 I The growing deficits are projected to increase debt from its already high level. urrent-Law Proje ction 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 2020 2025 -JIAINURIY 201

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