Unsustainable Budget Deficits

Excessive government spending, especially on autopilot (mandatory) programs, will continue to increase budget deficits if left unchecked. By 2049, the federal budget deficit is projected to be 8.7 percent of GDP, triple the 50-year average. Lawmakers must cut spending and pursue structural budget reforms to control these deficits.

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Date Produced: June 27, 2019

Source: Congressional Budget Office

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