The CBO's long-run real GDP growth projection is just under 2%, approximately 1.8%, and this projection incorporates a positive productivity effect from generative AI amounting to an increase of about 10 basis points per year.
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Unidentified Speaker — CBO Director Warns Debt Will Surpass WWII Levels, Interest … [ASm34vcYj5g]Evidence Quote
“A real GDP growth rate uh long run of 2% or just under Yeah, just under 2% 1.8%. Um and you're assuming that uh your projections of economic growth incorporate a positive effect of generative AI on productivity growth amounting to an increase of about 10 basis points per year.”
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CBO Director Warns Debt Will Surpass WWII Levels, Interest Rates To Spike | Phillip Swagel— David LinCreated: 8/12/2026, 6:33:54 PM
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