Projected deficit as a share of GDP, FY2016–FY2027
| Year | Current Law | CPC budget |
|---|---|---|
| 2016 | 3.2% | 3.2% |
| 2017 | 2.9% | 4.2% |
| 2018 | 2.4% | 2.9% |
| 2019 | 2.9% | 0.8% |
| 2020 | 3.2% | 1.3% |
| 2021 | 3.6% | 1.4% |
| 2022 | 4.2% | 2.0% |
| 2023 | 4.2% | 2.2% |
| 2024 | 4.1% | 2.5% |
| 2025 | 4.5% | 2.9% |
| 2026 | 4.8% | 3.1% |
| 2027 | 5.0% | 3.3% |
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
