Committee for a Responsible Federal Budget

CRFB's Report on CBO's Analysis of the President's FY 2015 Budget

Apr 17, 2014 | Budgets & Projections

CBO has released their analysis of the President's FY 2015 Budget and CFRB released a report summarizing the findings. CBO finds a less optimistic outlook than the President's Office of Management and Budget (OMB) with debt up to 74.3 percent of GDP in 2024 as opposed to OMB’s projection of debt on a downward path toward 69.0 percent of GDP. You can read the full paper here.

This table summarizes the differences in CBO and OMB's estimates of fiscal impacts of proposals in the President's Budget.

Click Here to Read the Paper