Alternative projection for sustained trend economic performance versus CBO's forecast of actual and potential GDP, 2007–2022

* By the end of fiscal 2022, GDP would be 6.5 percent smaller under the trend extrapolation scenario than under CBO's GDP forecast.

Source: Authors' analysis of CBO's February 2013 economic baseline (CBO 2013d) and Bivens and Fieldhouse (2012d)

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