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CONGRESS OF THE UNITED STATES CONGRESSIONAL BUDGET OFFICE The Long-Term Budget Outlook Percentage of Gross Domestic Product 200 Actual Projected 150 World War II 100 The Great Depression 50 World

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What is cbo form long-term budget?

CBO form long-term budget is a document used by the Congressional Budget Office to analyze and project the budgetary effects of legislative proposals and government policies over an extended period of time.

Who is required to file cbo form long-term budget?

The Congressional Budget Office is responsible for filing the CBO form long-term budget as part of its mandate to provide Congress with nonpartisan information on the financial impact of proposed legislation and policy changes.

How to fill out cbo form long-term budget?

The CBO form long-term budget is filled out by the experts and economists working at the Congressional Budget Office who analyze various factors including economic growth, revenue projections, spending patterns, and policy changes to create long-term budget projections.

What is the purpose of cbo form long-term budget?

The purpose of the CBO form long-term budget is to provide policymakers with an analysis of the potential long-term fiscal implications of proposed legislation and policy changes, allowing them to make informed decisions about fiscal policy and budget priorities.

What information must be reported on cbo form long-term budget?

The CBO form long-term budget reports information such as projected federal revenue, spending, deficits, and debt levels over a specified period of time, typically up to 75 years. It takes into account various factors such as economic growth, demographic changes, and proposed policy changes.

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