A Macroeconomic Analysis of the President’s 2017 Budget

"Each year, after the President releases the Administration’s budget request, the Congressional Budget Office analyzes the proposals in that request. Using its own economic projections and estimating procedures, CBO projects what the federal budget would look like over the next 10 years if the President’s proposals were adopted. CBO provides that information in two reports. In general, the first report examines the proposals’ direct effects on the budget; the second, which takes more time to prepare, shows the effects that the proposals would have on the economy and how those macroeconomic effects would, in turn, feed back into the budget..."
Federal budget