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Tax Policy Center: Economic Growth and Dynamic Scoring

Tax Policy Center reports on: Economic Growth and Dynamic Scoring - The Tax Policy Center is a joint venture of the Urban Institute and Brookings Institution. The Center is comprised of nationally recognized experts in tax, budget, and social policy who have served at the highest levels of government.

The Budget Outlook : Baseline and Adjusted Projections - September 22, 2003

The CBO's new budget update provides the opportunity to reassess fiscal prospects and reconsider policy options. This paper examines the baseline CBO projections and adjusts the official data in ways that we believe more accurately reflect the current trajectory of tax and spending policies and the government's underlying financial status. Although the CBO baseline projects unified deficits that average 1 percent of GDP and shrink over the next decade, realistic assumptions about current policy.
http://www.taxpolicycenter.org/publications/url.cfm?id=1000562&RSSFeed=Economic_Growth...
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