"Budget for shared prosperity" vs baseline (billions of dollars)
2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 | 2035 | 2036 | 2037 | 2038 | 2039 | 2040 | 2041 | 2042 | 2043 | 2044 | 2045 | 2046 | 2047 | 2048 | 2049 | 2020-2049 | 2020-2029 | 2030-2049 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenues | ||||||||||||||||||||||||||||||||||
Total | -77 | 2,203 | 3,339 | 3,588 | 3,793 | 4,010 | 4,217 | 4,169 | 4,260 | 4,460 | 4,662 | 4,848 | 5,045 | 5,255 | 5,474 | 5,702 | 5,940 | 6,190 | 6,452 | 6,728 | 7,016 | 7,316 | 7,610 | 7,912 | 8,226 | 8,556 | 8,901 | 9,262 | 9,640 | 10,037 | 10,455 | 185,262 | 387,00 | 146,561 |
Outlays | ||||||||||||||||||||||||||||||||||
Social Security | 0 | 3 | 7 | 10 | 13 | 18 | 21 | 26 | 30 | 35 | 41 | 46 | 52 | 59 | 67 | 74 | 82 | 92 | 101 | 112 | 121 | 132 | 143 | 155 | 168 | 182 | 194 | 208 | 222 | 239 | 247 | 2,902 | 204 | 2,698 |
Healthcare | 0 | 1,004 | 1,395 | 1,407 | 1,500 | 1,607 | 1,635 | 1,700 | 1,768 | 1,773 | 1,864 | 1,959 | 2,059 | 2,162 | 2,270 | 2,383 | 2,500 | 2,621 | 2,748 | 2,880 | 3,017 | 3,160 | 3,308 | 3,462 | 3,621 | 3,787 | 3,959 | 4,137 | 4,322 | 4,514 | 4,691 | 79,215 | 15,653 | 63,562 |
Discretionary | 0 | -44 | 0 | 30 | 75 | 117 | 121 | 126 | 149 | 171 | 178 | 185 | 193 | 200 | 209 | 217 | 226 | 235 | 244 | 254 | 264 | 275 | 286 | 298 | 310 | 322 | 335 | 348 | 363 | 377 | 392 | 6,454 | 922 | 5,532 |
Other mandatory | 0 | 629 | 1,108 | 1,296 | 1,247 | 1,261 | 1,249 | 1,274 | 1,300 | 1,326 | 1,348 | 1,378 | 1,408 | 1,438 | 1,469 | 1,502 | 1,537 | 1,572 | 1,610 | 1,650 | 1,691 | 1,734 | 1,778 | 1,824 | 1,872 | 1,922 | 1,973 | 2,028 | 2,084 | 2,142 | 2,203 | 46,852 | 12,038 | 34,814 |
Net interest | 1 | -9 | -34 | -63 | -96 | -129 | -167 | -207 | -248 | -292 | -342 | -394 | -450 | -510 | -573 | -641 | -713 | -790 | -872 | -959 | -1,052 | -1,151 | -1,257 | -1,368 | -1,486 | -1,610 | -1,741 | -1,880 | -2,027 | -2,183 | -2,348 | -25,589 | -1,587 | -24,002 |
Total | 1 | 1,583 | 2,476 | 2,680 | 2,739 | 2,873 | 2,859 | 2,919 | 2,999 | 3,013 | 3,089 | 3,175 | 3,262 | 3,350 | 3,442 | 3,535 | 3,631 | 3,730 | 3,832 | 3,937 | 4,042 | 4,149 | 4,259 | 4,371 | 4,485 | 4,603 | 4,720 | 4,842 | 4,964 | 5,089 | 5,186 | 109,835 | 27,230 | 82,605 |
Deficit (-) or surplus | -78 | 620 | 862 | 908 | 1,054 | 1,137 | 1,358 | 1,250 | 1,261 | 1,446 | 1,573 | 1,673 | 1,784 | 1,904 | 2,031 | 2,166 | 2,309 | 2,460 | 2,620 | 2,791 | 2,974 | 3,167 | 3,351 | 3,541 | 3,740 | 3,953 | 4,181 | 4,420 | 4,676 | 4,948 | 5,269 | 75,427 | 11,470 | 63,957 |
Debt held by the public | 78 | -542 | -1,405 | -2,313 | -3,367 | -4,504 | -5,862 | -7,112 | -8,374 | -9,820 | -11,393 | -13,066 | -14,849 | -16,754 | -18,785 | -20,951 | -23,260 | -25,719 | -28,340 | -31,130 | -34,104 | -37,271 | -40,622 | -44,163 | -47,903 | -51,857 | -56,037 | -60,457 | -65,133 | -70,081 | -75,349 | n.a | n.a | n.a |
Memorandum | ||||||||||||||||||||||||||||||||||
GDP | 21,141 | 22,059 | 22,899 | 23,756 | 24,660 | 25,621 | 26,629 | 27,640 | 28,709 | 29,837 | 31,039 | 32,290 | 33,591 | 34,945 | 36,353 | 37,818 | 39,342 | 40,928 | 42,577 | 44,293 | 46,078 | 47,935 | 49,867 | 51,876 | 53,967 | 56,142 | 58,404 | 60,758 | 63,207 | 65,754 | 68,404 | 1,227,378 | 262,849 | 964,529 |
Note: Proposals were scores against the January 2019 CBO baseline, extended through fiscal year 2049 using CBO's Long-Term Outlook and extrapolating for 2049. Numbers may not add due to rounding.
Source: EPI (spending proposals) and TPC (revenue proposals)