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The output gap is the distinction among expected financial output as measured by GDP beneath present law and achievable financial output if the economy have been operating at complete potential. CBO estimates the output gap will total $650 billion over the subsequent six months, $1.1 trillion over the subsequent year, $1.85 trillion more than two years, and $3.65 trillion more than five years. Importantly, these policies may well increase economic activity in the brief-term, but they will ultimately add to the debt and thus slow long-term economic growth.



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