US Population Projections Drop Due to Lower Birth Rates, Less Immigration

The Congressional Budget Office projects that the U.S. population will grow more slowly than previously expected, with a forecasted population of 372 million by 2055. This decline is attributed to a lower fertility rate and reduced immigration levels, leading to potential population shrinkage by 2033 without sustained immigration. These projections have significant implications for fiscal decisions and highlight the need for policy adjustments to address demographic challenges.

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