What is the CBO forecasting will happen to the relative magnitudes of federal government receipts, federal government outlays, and GDP? The CBO is forecasting that the federal budget deficit will grow more ______ than GDP, and that federal government receipts will grow at a ______. A. rapidly; slower pace than outlays as a percentage of GDP B. rapidly; slower pace than outlays C. slowly; faster pace than outlays D. slowly; faster pace than outlays as a percentage of GDP