Projected public debt as a share of GDP, FY2016–FY2027
Year | Current Law | CPC budget |
---|---|---|
2016 | 77.0% | 77.0% |
2017 | 77.5% | 78.8% |
2018 | 77.4% | 79.1% |
2019 | 77.9% | 77.4% |
2020 | 78.8% | 76.4% |
2021 | 79.9% | 75.3% |
2022 | 81.3% | 74.7% |
2023 | 82.6% | 74.3% |
2024 | 83.8% | 74.2% |
2025 | 85.3% | 74.5% |
2026 | 87.0% | 75.0% |
2027 | 88.9% | 75.6% |
Note: Data for 2016 represent actual spending.
Source: EPI Policy Center analysis of scores from the Congressional Budget Office, Citizens for Tax Justice, Joint Committee on Taxation, Office of Management and Budget, and Tax Policy Center