Editing Automatic stabilizer (section)

==Estimated effects==
[[File:Contributions of Automatic Stabilizers to Budget Deficits Surpluses.png|400px|right|Contributions of Automatic Stabilizers to Budget Deficits Surpluses — Congressional Budget Office, "The Effects of Automatic Stabilizers on the Federal Budget as of 2013," pp. 6-7]]
Analysis conducted by the [[Congressional Budget Office]] in 2013 estimated the effects of automatic stabilizers on budget deficits and surpluses in each fiscal year since 1960. The analysis found, for example, that stabilizers increased the deficit by 32.9% in fiscal 2009, as the deficit soared to $1.4 trillion as a result of the [[Great Recession]], and by 47.6% in fiscal 2010. Stabilizers increased deficits in 30 of the 52 years from 1960 through 2012. In each of the five surplus years during the period, stabilizers contributed to the surplus;  the $3 billion surplus in 1969 would have been a $13 billion deficit if not for stabilizers, and 60% of the 1999 $126 billion surplus was attributed to stabilizers.<ref>''The Effects of Automatic Stabilizers on the Federal Budget as of 2013'', pp.6-7: https://www.cbo.gov/sites/default/files/113th-congress-2013-2014/reports/43977_AutomaticStablilizers_one-column.pdf</ref>