CBO

Perhaps the underlying assumption is that the buyout costs would be offset by disappearing salaries, but that’s homework that no one, least of all the CBO, appears to have done.

It’s difficult to speculate exactly where the CBO would land for an estimate, with so many elements and unknowns.

In 2019, the deficit rose to $984 billion, nearly $300 billion more than what the CBO had forecast.

The CBO estimated in a report issued Wednesday that the extension of parts of Trump’s tax cuts set to expire after 2025 would add another $4.6 trillion to the national debt through the year 2034.

That’s 5.1 million more jobs than what the CBO forecasted he would add before his coronavirus relief and other policies became law — a sign of how much he boosted the labor market.