OMB forecasts for GDP are far higher than CBO’s, even as CBO forecasts significant immigration: Forecasts for real GDP growth from the Trump administration, the CBO, and CBO forecasts if net immigration to the U.S. was halved or reduced to zero, 2026–2035

Year Real GDP Growth
OMB 2.89%
CBO 1.83%
CBO with net immigration halved 1.63%
CBO with zero net immigration 1.47%
Economic Policy Institute

Source: Author’s analysis based on data from CBO (2025a, 2025b). 

View the underlying data on epi.org.