Number: RL30239
Title: Economic Forecasts and the Budget
Authors: Brian W. Cashell, Government and Finance Division 
Abstract: Economic conditions can have substantial effects on the federal budget. Similarly, budget projections depend on economic forecasts. This report examines the accuracy of past economic forecasts underlying projections of the federal budget. Estimates of the sensitivity of budget projections to those economic forecasts are also presented.
Pages: 11
Date: February 6, 2008