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CBO Fact vs Fiction; A New Middle East 6/16/25

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Navigating Economic Projections and Policy Impacts

This chapter explores the challenges of fiscal analysis influenced by legislative discussions and the established baselines set by law. It addresses the complexities of projecting economic growth amidst factors like an aging population and recent immigration trends while considering the residual effects of the 2017 Tax Cuts and Jobs Act. The conversation underscores the importance of nonpartisan economic analysis and the collaborative efforts of various institutions in accurately forecasting the implications of new policies on GDP and deficit levels.

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