Congressional Budget Office

An Update to the Budget and Economic Outlook: 2015 to 2025

Press Briefing

Keith Hall Director August 25, 2015

For more details, see www.cbo.gov/publication/50724.

CO NGRES S IO NA L BUDGE T O F F IC E 1

The Budget Outlook

CO NGRES S IO NA L BUDGE T O F F IC E 2

Total Deficits or Surpluses

CO NGRES S IO NA L BUDGE T O F F IC E 3

Federal Debt Held by the Public

CO NGRES S IO NA L BUDGE T O F F IC E 4

Total Revenues and Outlays

CO NGRES S IO NA L BUDGE T O F F IC E 5

Projected Outlays for Major Budget Categories

CO NGRES S IO NA L BUDGE T O F F IC E 6

Revenues, by Major Source

CO NGRES S IO NA L BUDGE T O F F IC E 7

The Economic Outlook

CO NGRES S IO NA L BUDGE T O F F IC E 8

Growth of Real GDP

CO NGRES S IO NA L BUDGE T O F F IC E 9

GDP and Potential GDP

CO NGRES S IO NA L BUDGE T O F F IC E 10

Labor Force Participation and Hourly Labor Compensation

CO NGRES S IO NA L BUDGE T O F F IC E 11

Unemployment Rate

CO NGRES S IO NA L BUDGE T O F F IC E 12

Inflation

CO NGRES S IO NA L BUDGE T O F F IC E 13

Interest Rates

CO NGRES S IO NA L BUDGE T O F F IC E 14

Congressional Budget Office

An Update to the Budget and Economic Outlook: 2015 to 2025

Press Briefing

Keith Hall Director August 25, 2015

For more details, see www.cbo.gov/publication/50724.