CBO's Publications - 2 new documents

New From CBO Federal Debt and the Statutory Limit, March 2015 CBO To Release Updated Baseline Projections Friday and Analysis of the President’s FY 2016 Budget Next Week Federal Debt and the Statutory Limit, March 2015 Under current law, as of March 16, the Treasury will be at the statutory borrowing limit and will need to use so-called extraordinary measures to continue raising cash. Those measures would probably be exhausted by October or November. CBO To Release Updated Baseline Projections Friday and Analysis of the President’s FY 2016 Budget Next Week On Friday, March 6, CBO will release its updated 10-year baseline projections of federal spending, revenues, and budget deficits reflecting new information obtained since the January release of the Budget and Economic Outlook: 2015 to 2025.