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CBO – The Effects of Automatic Stabilizers on the Federal Budget

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The Effects of Automatic Stabilizers on the Federal Budget – April 21, 2011. See also Tables to Accompany the 2011 Automatic Stabilizers Report

  • “This report focuses on the automatic responses of revenues and outlays to developments in the economy—the automatic stabilizers—that reflect cyclical movements in real (inflation-adjusted) output and unemployment. CBO estimates that automatic stabilizers are adding significantly to the budget deficit now but that their contribution will steadily fade over the next few years.”
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