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Index/Topics/Federal budget and deficits

Federal budget and deficits

The impact of immigration on the federal budget, including revenues, outlays, and deficits, as projected by the Congressional Budget Office.

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3 results
Jan 26, 2026
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How do CBO and Brookings differ in assumptions when projecting the macroeconomic impact of reduced immigration?

and the diverge chiefly on underlying population tallies, assumed outflow rates for recent arrivals, and whether (and how) to fold immigration-driven productivity gains into macro projections; Brookin...

Feb 3, 2026

How do CBO’s federal estimates compare with its analysis of state and local fiscal impacts from the 2021–2026 immigration surge?

federal estimates find that the boosts enough—after accounting for higher mandatory spending and interest—to lower projected deficits by about $0.9 trillion over 2024–2034, while its state and local a...

Feb 3, 2026

How have CBO and Brookings projections about immigration-driven GDP and employment changed since 2021?

Since 2021 the revised its demographic baseline sharply upward to reflect an unprecedented post‑2020 , and those revisions have lifted CBO’s projections of and while also changing the presumed pace of...

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