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Presentation to the Fixed Income Forum's Spring Roundtable

机译：介绍固定收益论坛的春季圆桌会议

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This report presents the Congressional Budget Office's (CBOs) latest projections for the budget and economic outlook, updating the projections published in early January 2009. In addition, CBO has reviewed the President's budgetary proposals contained in the February publication A New Era of Responsibility: Renewing America's Promise, and this report summarizes CBO's preliminary analysis of that budget plan. (CBO will review the complete plan after the Administration submits it to the Congress later this spring.) CBOs updated budget projections indicate that: Largely as a result of the enactment of recent legislation and the continuing turmoil in financial markets, CBO's baseline projections of the deficit have risen by more than $400 billion in both 2009 and 2010 and by smaller amounts thereafter. Those projections assume that current laws and policies remain in place.

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