Episode 274: The CBO Predicts the Future
May 11, 2022
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30:11Now PlayingEpisode 274: The CBO Predicts the Future
YouTube Description
as posted by the channelThe Congressional Budget Office is the government entity that produces forecasts about the effects of new taxes and spending on the economy and the federal budget. Four years ago, we did an episode in which we showed that the CBO had a track record of under-estimating future spending and over-estimating future tax revenues. With four years behind us, we revisit the topic and ask whether the CBO has gotten any better and what it’s now forecasting for the future.
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Topic of the Week
Historical CBO forecasts
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