Projected public debt as a share of GDP, FY2015–FY2026
Year | Current law | President’s budget | CPC budget |
---|---|---|---|
2015 | 73.65% | 73.65% | 73.65% |
2016 | 75.58% | 76.40% | 77.21% |
2017 | 75.73% | 76.51% | 76.54% |
2018 | 75.74% | 76.14% | 74.21% |
2019 | 76.69% | 76.45% | 72.90% |
2020 | 77.78% | 76.53% | 71.77% |
2021 | 78.84% | 76.41% | 70.68% |
2022 | 80.29% | 76.57% | 70.01% |
2023 | 81.65% | 76.71% | 69.29% |
2024 | 82.84% | 76.64% | 68.42% |
2025 | 84.34% | 76.79% | 67.90% |
2026 | 86.11% | 77.01% | 67.57% |
Note: For the president's budget, this figure uses CBO's projections of GDP. Data for 2015 represent actual spending.
Source: EPI Policy Center analysis of Congressional Budget Office, Citizens for Tax Justice, Joint Committee on Taxation, Office of Management and Budget, and Tax Policy Center data