Breaking precedent, WH won’t release economic projections this summer that would forecast extent of downturn

The White House is supposed to unveil a federal budget proposal every February and then provides a “mid-session review” in July or August with updated projections on economic trends such as unemployment, inflation and economic growth.

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Budget experts said they were not aware of any previous White House opting against providing forecasts in this “mid-session review” document in any other year since at least the 1970s…

“It gets them off the hook for having to say what the economic outlook looks like,” said Douglas Holtz-Eakin, a former director of the Congressional Budget Office who served as an economic adviser to the late senator John McCain (R-Ariz.).

Both liberal and conservative critics said the White House should publish its economic projections in line with the precedent set by prior administrations, regardless of the uncertainty caused by the pandemic. The White House under President Barack Obama continued to release these numbers during the Great Recession, although they were unflattering.

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