Merge pull request #394 from andersonfrailey/updatecbo

Update CBO baseline
PSLmodels · Jun 17, 2021 · 4dd757a · 4dd757a
2 parents 082c1ef + c7e9072
commit 4dd757a
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diff --git a/.pre-commit-config.yaml b/.pre-commit-config.yaml
@@ -8,4 +8,4 @@ repos:
   rev: v2.1.0
   hooks:
     - id: flake8
-      args: ["--max-line-length=100", "--ignore=F841,E203,W503"]
+      args: ["--max-line-length=105", "--ignore=F841,E203,W503"]
diff --git a/cps_stage1/stage1.py b/cps_stage1/stage1.py
@@ -6,7 +6,7 @@
 
 def main(syr=2014):
     SYR = str(syr)  # Start year of CPS
-    EYR = 2030  # Last year in our extrapolation
+    EYR = 2031  # Last year in our extrapolation
 
     # Read in state SOI estimates
     soi_estimates = pd.read_csv(

diff --git a/cps_stage1/stage_2_targets.csv b/cps_stage1/stage_2_targets.csv
@@ -1,24 +1,24 @@
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+,2014,2015,2016,2017,2015,2016,2017,2018,2019,2020,2021,2022,2023,2024,2025,2026,2027,2028,2029,2030,2031
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+Dep_return,96916673,96505181,94809260,94708629,99911398,100735190,101549290,102373082,103187182,104001282,104805690,105610099,106414507,107209224,107984557,108759890,109525532,110281482,111018049,111744924,112452416
+INTS,156367939,95881223,96640233,106055367,124828526,125813644,138072890,143655226,146798221,143373763,136337206,132381097,133538220,135633550,142779565,155961382,171410535,189127022,206718415,226311318,245919858
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diff --git a/cps_stage2/cps_weights.csv.gz b/cps_stage2/cps_weights.csv.gz
diff --git a/cps_stage2/solver.jl b/cps_stage2/solver.jl
@@ -77,7 +77,7 @@ function Solve_func(year, tol)
 
 end
 
-year_list = [x for x in 2014:2030]
+year_list = [x for x in 2014:2031]
 tol = 0.70
 
 # Run solver function for all years and tolerances (in order)

diff --git a/cps_stage2/stage2.py b/cps_stage2/stage2.py
@@ -9,7 +9,7 @@
 STAGE_1_PATH = Path(CUR_PATH, "..", "puf_stage1", "Stage_I_factors.csv")
 STAGE_2_PATH = Path(CUR_PATH, "..", "cps_stage1", "stage_2_targets.csv")
 START_YEAR = 2014
-END_YEAR = 2030
+END_YEAR = 2031
 
 
 def main():

diff --git a/doc/CBO_Baseline_Updating_Instructions.md b/doc/CBO_Baseline_Updating_Instructions.md
@@ -47,9 +47,9 @@ As previously mentioned, most of the variables we used can be found in the
 To manually update these variables download the latest file and copy/paste the 
 specific variables.
 
-Previous Document: January 2020
+Previous Document: July 2020
 
-Current Document: July 2020
+Current Document: February 2021
 
 | Variable | Name In CBO Document                                |
 |----------|-----------------------------------------------------|
@@ -70,9 +70,9 @@ Current Document: July 2020
 
 Source: [Revenue Projections, By Category (CBO)](https://www.cbo.gov/about/products/budget-economic-data#7)
 
-Previous: [January 2019](https://www.cbo.gov/system/files/2019-02/51138-2019-01-revenueprojections.xlsx)
+Previous: [January 2020](https://www.cbo.gov/system/files/2020-01/51138-2020-01-revenue-projections.xlsx)
 
-Current: [January 2020](https://www.cbo.gov/system/files/2020-01/51138-2020-01-revenue-projections.xlsx)
+Current: [February 2021](https://www.cbo.gov/system/files/2021-02/51138-2021-02-11-revenueprojections.xlsx)
 
 In the revenue projections file, the data is in the `Capital Gains Realizations`
 tab under the `Capital Gains Realizations` column.
@@ -81,9 +81,9 @@ tab under the `Capital Gains Realizations` column.
 
 Source: [IRS Publication 6187 Table 1B](https://www.irs.gov/statistics/projections-of-federal-tax-return-filings)
 
-Previous: [Fall 2019 Update](https://www.irs.gov/pub/irs-pdf/p6187.pdf)
+Previous: [Fall 2019 Report](https://www.irs.gov/pub/irs-soi/19projpub6187tables.xls)
 
-Current: [Fall 2019 Report](https://www.irs.gov/pub/irs-soi/19projpub6187tables.xls)
+Current: [Fall 2020 Report](https://www.irs.gov/pub/irs-soi/20projpub6187tables.xls)
 
 The projections in the publication typically end a few years before the
 10-year projections do. We use the growth rate from the final year in the
@@ -108,7 +108,7 @@ column of this table.
 Source: [BLS Database](http://data.bls.gov/timeseries/CUSR0000SAM?output_view=pct_1mth)
 
 Series ID: CUSR0000SAM
-Access Date: August 22 2020
+Access Date: June 16 2021
 
 Manual Instructions:
 

diff --git a/history/reports/taxdata_report_2021-06-16.pdf b/history/reports/taxdata_report_2021-06-16.pdf
diff --git a/puf_stage1/CBO_baseline.csv b/puf_stage1/CBO_baseline.csv
@@ -1,16 +1,16 @@
-,2008,2009,2010,2011,2012,2013,2014,2015,2016,2017,2018,2019,2020,2021,2022,2023,2024,2025,2026,2027,2028,2029,2030
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