Mid-Term and Long-Term Deficit Projections

September 29, 2003

Related Areas of Research

Issued Jointly With

On September 29, 2003, the Center on Budget and Policy Priorities joined with the Committee for Economic Development and the Concord Coalition for a press conference on the federal budget outlook. The following joint documents released at this press conference detail the likely size of the mid-term and long-term deficits and discuss their economic and budgetary consequences.

Press Release: 19K-HTML, 34K-PDF, 3pp.
Joint Statement: 19K-HTML, 56K-PDF, 6pp.
Full Report: 153K-PDF, 19pp.
Full Press Packet: 421K-PDF, 39pp.

In September 2004, the Center on Budget and Policy Priorities issued updated mid-term deficit projections. These new numbers supersede those from September 2003, but the long-term projections and the economic and budgetary implications of the deficits — which the September 2003 releases discuss in detail — remain much the same. The following report features the updated mid-term deficit projections, as well as a detailed explanation of the methodology.

Updated Report: 82K-HTML, 65K-PDF, 11pp.

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