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Mid-Term and Long-Term Deficit Projections

September 29, 2003

Issued Jointly With

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    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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