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U.S. CBO

@USCBO

Congressional Budget Office
Nonpartisan analysis for the U.S. Congress.
For cost estimates, follow @USCBOCostEst.

calendar_today19-06-2013 16:07:08

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4 months ago

In its May 2022 projections for fiscal year 2023, CBO overestimated revenues by 11 percent and underestimated outlays by 9 percent. CBO’s projection of the federal deficit for 2023 was less than the actual amount by 3.9 percent of GDP. cbo.gov/publication/59…

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