The 2013 Long-Term Budget Outlook
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Congressional Budget Office The 2013 Long-Term Budget Outlook Press Briefing Douglas W. Elmendorf Director September 17, 2013
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Press Briefing by Director Douglas W. Elmendorf
Transcript of The 2013 Long-Term Budget Outlook
Congressional Budget Office
The 2013 Long-Term Budget Outlook
Press Briefing
Douglas W. Elmendorf Director September 17, 2013
C O N G R E S S I O N A L B U D G E T O F F I C E
Federal Debt Held by the Public Under CBO’s Extended Baseline
September 2013
C O N G R E S S I O N A L B U D G E T O F F I C E
Components of Federal Spending Under CBO’s Extended Baseline
September 2013
C O N G R E S S I O N A L B U D G E T O F F I C E
Total Spending and Revenues Under CBO’s Extended Baseline
September 2013
C O N G R E S S I O N A L B U D G E T O F F I C E
Federal Debt Held by the Public Under CBO’s Extended Baseline
September 2013
C O N G R E S S I O N A L B U D G E T O F F I C E
Other Budget Projections
Based on Alternative Fiscal Policies
– Different policies would have different effects on the budget and the economy in the long term and the short term.
Based on Different Outcomes for Productivity, Interest Rates, and Federal Spending for Health Care
– Under a wide range of possible assumptions about some key factors, the budget is on an unsustainable path.
September 2013
C O N G R E S S I O N A L B U D G E T O F F I C E
Choices Facing Lawmakers
The Magnitude of Deficit Reduction
The Policies to Be Used to Reduce Deficits
The Timing of Deficit Reduction
September 2013
Congressional Budget Office
The 2013 Long-Term Budget Outlook
Press Briefing
Douglas W. Elmendorf Director September 17, 2013
