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Long-Term Budget Impact of Paths for Federal Revenues and Spending Specified by Chairman Ryan
Douglas W. Elmendorf (ed)
CBO has calculated the long-term budgetary impact of paths for fed. revenues and spending specified by Ryan. The calculations represent an assessment of how the specified paths would alter the trajectories of fed. debt, revenues, spending, and economic output relative to the trajectories under two scenarios. The revenues and spending used in these calculations for 2012 through 2022 were provided by Ryan. The amounts for 2023 through 2050 were calculated on the basis of growth rates, percentages of GDP, or other formulas specified by Ryan. For all years, Ryan specified that there would be no spending for subsidies to purchase health insur. through exchanges estab. under the Affordable Care Act. Illus. A print on demand report.
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