Table 3

"Budget for shared prosperity" vs baseline (billions of dollars)

2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2020-2049 2020-2029 2030-2049
Revenues
Total -77 2,203 3,339 3,588 3,793 4,010 4,217 4,169 4,260 4,460 4,662 4,848 5,045 5,255 5,474 5,702 5,940 6,190 6,452 6,728 7,016 7,316 7,610 7,912 8,226 8,556 8,901 9,262 9,640 10,037 10,455 185,262 387,00 146,561
Outlays
Social Security 0 3 7 10 13 18 21 26 30 35 41 46 52 59 67 74 82 92 101 112 121 132 143 155 168 182 194 208 222 239 247 2,902 204 2,698
Healthcare 0 1,004 1,395 1,407 1,500 1,607 1,635 1,700 1,768 1,773 1,864 1,959 2,059 2,162 2,270 2,383 2,500 2,621 2,748 2,880 3,017 3,160 3,308 3,462 3,621 3,787 3,959 4,137 4,322 4,514 4,691 79,215 15,653 63,562
Discretionary 0 -44 0 30 75 117 121 126 149 171 178 185 193 200 209 217 226 235 244 254 264 275 286 298 310 322 335 348 363 377 392 6,454 922 5,532
Other mandatory 0 629 1,108 1,296 1,247 1,261 1,249 1,274 1,300 1,326 1,348 1,378 1,408 1,438 1,469 1,502 1,537 1,572 1,610 1,650 1,691 1,734 1,778 1,824 1,872 1,922 1,973 2,028 2,084 2,142 2,203 46,852 12,038 34,814
Net interest 1 -9 -34 -63 -96 -129 -167 -207 -248 -292 -342 -394 -450 -510 -573 -641 -713 -790 -872 -959 -1,052 -1,151 -1,257 -1,368 -1,486 -1,610 -1,741 -1,880 -2,027 -2,183 -2,348 -25,589 -1,587 -24,002
Total 1 1,583 2,476 2,680 2,739 2,873 2,859 2,919 2,999 3,013 3,089 3,175 3,262 3,350 3,442 3,535 3,631 3,730 3,832 3,937 4,042 4,149 4,259 4,371 4,485 4,603 4,720 4,842 4,964 5,089 5,186 109,835 27,230 82,605
Deficit (-) or surplus -78 620 862 908 1,054 1,137 1,358 1,250 1,261 1,446 1,573 1,673 1,784 1,904 2,031 2,166 2,309 2,460 2,620 2,791 2,974 3,167 3,351 3,541 3,740 3,953 4,181 4,420 4,676 4,948 5,269 75,427 11,470 63,957
Debt held by the public 78 -542 -1,405 -2,313 -3,367 -4,504 -5,862 -7,112 -8,374 -9,820 -11,393 -13,066 -14,849 -16,754 -18,785 -20,951 -23,260 -25,719 -28,340 -31,130 -34,104 -37,271 -40,622 -44,163 -47,903 -51,857 -56,037 -60,457 -65,133 -70,081 -75,349 n.a n.a n.a
Memorandum
GDP 21,141 22,059 22,899 23,756 24,660 25,621 26,629 27,640 28,709 29,837 31,039 32,290 33,591 34,945 36,353 37,818 39,342 40,928 42,577 44,293 46,078 47,935 49,867 51,876 53,967 56,142 58,404 60,758 63,207 65,754 68,404 1,227,378 262,849 964,529

Note: Proposals were scores against the January 2019 CBO baseline, extended through fiscal year 2049 using CBO's Long-Term Outlook and extrapolating for 2049. Numbers may not add due to rounding.

Source: EPI (spending proposals) and TPC (revenue proposals)

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