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CONGRESS OF THE UNITED STATESCONGRESSIONAL BUDGET OFFICE
 A Preliminary Analysis of the President’s Budget and anUpdate of CBO’s Budget and Economic Outlook 
MARCH 2009
 Total Deficit orSurplus
(Percentage of GDP)
2015201020052000199519901985198019751970 420-2-4-6-8-10-12-14CBO’s BaselineProjectionCBO’sEstimateof thePresident’sBudget
Revenues and OutlaysUnder thePresident’s Budget 
(Percentage of GDP)
2015201020052000199519901985198019751970 3230282624222018160
OutlaysRevenues
 The Gap Between Actual and Potential Output 
(Percentage of GDP)
2015201020052000199519901985198019751970 86420-2-4-6-8-10-12
 
Pub. No. 3196
 
The Congress of the United States
O
Congressional Budget Office
CBO
 A Preliminary Analysis of thePresident’s Budget and an Update of CBO’s Budget and Economic Outlook 
March 2009
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