Projected deficit as a share of GDP, FY2017–FY2028

Year President’s budget Current law CPC budget
2017 3.5% 3.5% 3.5%
2018 3.9% 3.9% 4.5%
2019 4.5% 4.6% 3.2%
2020 3.9% 4.6% 1.7%
2021 4.1% 4.9% 2.2%
2022 4.4% 5.4% 2.5%
2023 3.9% 5.2% 2.3%
2024 3.4% 4.9% 2.0%
2025 3.4% 5.1% 2.2%
2026 3.2% 4.8% 1.9%
2027 3.4% 4.6% 1.7%
2028 3.6% 5.1% 2.1%

 

Note: Data for 2017 represent actual spending.

Source: EPI Policy Center analysis of scores from the Congressional Budget Office and Office of Management and Budget

View the underlying data on epi.org.