Press Release

Highlights of the CBO Budget and Economic Outlook

AAF’s Director of Fiscal Policy Gordon Gray breaks down the key points of the Congressional Budget Office’s Budget and Economic Outlook: 2019-2029.

Gray notes that the agency’s economic forecast “reflects [its] somewhat consistent view that the U.S. economy will continue to enjoy solid, albeit moderating, real GDP growth in the near-term, followed by persistent real growth of below 2 percent per year.”

Read more