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The Accuracy of CBO’s Budget Projections for Fiscal Year 2020

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  • Congressional Budget Office

Abstract

CBO reviews its baseline projections of federal revenues, outlays, and deficits at the end of every fiscal year and compares them with actual budgetary outcomes. The review incorporates the effects of legislation that was enacted after the projections were prepared.

Suggested Citation

  • Congressional Budget Office, 2020. "The Accuracy of CBO’s Budget Projections for Fiscal Year 2020," Reports 56885, Congressional Budget Office.
    • Handle: RePEc:cbo:report:56885
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    File URL: https://www.cbo.gov/system/files/2020-12/56885-analysis-of-actuals.pdf
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    JEL classification:

    • C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods

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