There aren’t many budgetary projections that look 69 years into the future. But CBO does produce long-term budget analyses, including one under a scenario in which the current baseline budget numbers are adjusted to include changes to those policies that are widely expected to be enacted.
Under this status-quo scenario, CBO sees the deficit growing consistently as a percentage of GDP, from 7.4 percent of GDP in 2020 to 17.2 percent in 2040, 28 percent in 2060 and 42.8 percent in 2080.
As for debt, the situation is similar. According to CBO, the status-quo model produces debt levels that reach 433 percent of GDP by 2060 and 716 percent of GDP by 2080.
The comparable numbers for Ryan’s plan are 77 percent of GDP by 2060.
BRILLIANT !