Fiscal Facts: CBO Budget and Economic Outlook, Fiscal Years 2011-2021
On January 26, 2011, the Congressional Budget Office (CBO) released an update of their Budget and Economic Outlook for fiscal years 2011-2021. The CBO report includes projections of federal spending, revenue, deficit and debt, as well as economic forecasts, through 2021. The last CBO budget projections were released in August 2010.