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d-15098House OversightOther

1999 CBO Long-Term Budget Outlook Shows Revenue Could Cover Entitlements and Interest Through 2060

The document only reproduces an old CBO projection chart with no new actors, transactions, or allegations. It provides no actionable leads, no mention of influential individuals, and no controversial CBO projected in 1999 that federal revenue would cover entitlement spending and net interest through The projection was 35 years longer than current forecasts at the time of the document. No alternat

Date
November 11, 2025
Source
House Oversight
Reference
House Oversight #020929
Pages
1
Persons
0
Integrity
No Hash Available

Summary

The document only reproduces an old CBO projection chart with no new actors, transactions, or allegations. It provides no actionable leads, no mention of influential individuals, and no controversial CBO projected in 1999 that federal revenue would cover entitlement spending and net interest through The projection was 35 years longer than current forecasts at the time of the document. No alternat

Tags

budgetcbohouse-oversightlong-term-outlookentitlement-spendingfederal-revenue
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Browse House Oversight Committee ReleasesHouse Oversight #020929

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Text extracted via OCR from the original document. May contain errors from the scanning process.
CBO’s Projection from 10 Years Ago (in 1999) Showed Federal Revenue Sufficient to Support Entitlement Spending + Interest Payments Until 2060E — 35 Years Later than Current Projection CBO’s Projection in the ‘1999 Long-Term Budget Outlook’ on Entitlement Spending + Interest Payments vs. Revenue as % of GDP, 1980 — 2070E —— Revenue —o— Entitlement Spending + Net Interest Payments Total Revenue & Entitlement + Net Interest Payments as % of GDP NO o s 0% | 1980 1990 2000 2010E 2020E 2030E 2040E 2050E 2060E 2070E Source: Congressional Budget Office Long-Term Budget Outlook (1999). KP Note that there was no alternative fiscal scenario in CBO’s forecast back then. (@)E) www.kpcb.com USA Inc. | Income Statement Drilldown 175 If the Previous Two Slides... arenta wake-up call, we don't know what Is... | (@E) www.kpcb.com USA Inc. | Income Statement Drilldown 176

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