The Budget and Economic Outlook: 2025 to 2035

The latest Budget and Economic Outlook for 2025 to 2035 paints a challenging fiscal landscape. With the budget deficit projected to reach $1.9 trillion in 2025 and debt held by the public soaring to 100% of GDP, long-term fiscal sustainability remains a key concern. Despite economic growth stabilizing at 1.8% annually, rising interest costs and increased spending on Social Security and Medicare continue to drive federal outlays. As policymakers navigate these financial realities, balancing economic resilience with fiscal responsibility will be crucial in shaping the nation’s future.