The Budget and Economic Outlook: Fiscal Years 2012 to 2022
The Budget and Economic Outlook: Fiscal Years 2012 to 2022. January 2012 “Each January, CBO prepares baseline budget projections spanning the next 10 years. Those projections are not a forecast of future events; rather, they are intended to provide a benchmark against which potential policy changes can be measured. Therefore, as specified in law, those …