File:U.S. Budget Deficits CBO 2009 Forecast vs Actual.png
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Understanding the chart
The chart shows three data series from the Congressional Budget Office Budget & Economic Outlook documents for 2009 (forecasts) and 2016 (actual).
- CBO January 2009 baseline, which assumed the Bush tax cuts of 2001 and 2003 would expire in 2010, along with other smaller tax cut expiration.[1] Sum of deficits: $3.7 trillion.
- CBO January 2009 baseline adjusted, assuming the tax cuts would not expire. This data necessary to construct this series is provided in an alternate CBO scenario available in the supplemental data spreadsheets supporting the CBO report. Add the effects of the Bush tax cut extension and other tax cut extensions to the baseline series to derive this series. Sum of deficits: $5.7 trillion.
- Actual deficits reported by the CBO for 2009-2016. The 2016 deficit statistic is from the CBO Monthly Budget Outlook for October 2016. Sum of deficits: $7.3 trillion
Sources
- ↑ CBO Budget and Economic Outlook 2009-2019. CBO. Retrieved on November 21, 2016.
Summary
| Description |
English: Image compares U.S. budget deficits forecast by CBO in 2009 under two scenarios and the actual budget deficits that occurred during the Obama administration. |
| Date | |
| Source | Line chart based on CBO data |
| Author | Farcaster |
Licensing
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Permission is granted to copy, distribute and/or modify this document under the terms of the GNU Free Documentation License, Version 1.2 or any later version published by the Free Software Foundation; with no Invariant Sections, no Front-Cover Texts, and no Back-Cover Texts. A copy of the license is included in the section entitled GNU Free Documentation License. |
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File history
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| Date/Time | Thumbnail | Dimensions | User | Comment | |
|---|---|---|---|---|---|
| current | 14:41, 26 January 2017 | | 1,224 × 725 (88 KB) | Farcaster | Update |
| 16:58, 21 January 2017 |  | 1,088 × 727 (84 KB) | Farcaster | Colors | |
| 23:36, 4 December 2016 |  | 1,343 × 782 (136 KB) | Farcaster | Add $ billions to header | |
| 20:16, 23 November 2016 |  | 1,221 × 726 (88 KB) | Farcaster | Added notation to lines | |
| 19:42, 23 November 2016 |  | 1,227 × 725 (85 KB) | Farcaster | {{subst:Upload marker added by en.wp UW}} {{Information |Description = {{en|Image compares U.S. budget deficits forecast by CBO in 2009 under two scenarios and the actual budget deficits that occurred during the Obama administration.}} |Source = Line c... |
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