CBO/JCT

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CBO Releases Latest Budget Options Report

Today, the Congressional Budget Office (CBO) released its "Options for Reducing the Deficit, 2019-2028" report, featuring 121 policy options and...
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CBO Shows $782 Billion Deficit for FY 2018

Late last week, the Congressional Budget Office (CBO) released its estimate of the final FY 2018 deficit. CBO estimates that the deficit increased to...
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Sep 27, 2018 | Blog Paper Press Release | Taxes

JCT: Tax Cuts 2.0 Would Slow Long-Term Economic Growth

The Joint Committee on Taxation (JCT) has released an official dynamic score of "Tax Reform 2.0" – a bill permanently extending last December's tax...
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CBO Shows Faster Growth Is Important for Fixing the Debt

Strong, sustained economic growth is an important ingredient in putting the debt on a sustainable course. In addition to increasing incomes and...
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Taking a Look at CBO's New Transparency Efforts

The Congressional Budget Office (CBO) has worked hard to improve transparency and accessibility of its data and analysis. Over the past two years,...
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CBO’s Alternative Long-Term Budget Scenarios

The Congressional Budget Office (CBO) released alternative scenarios to its Long-Term Budget Outlook today. These scenarios show that if the recent...
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CBO Shows That Policymakers Could Make the Long-Term Outlook Much Worse

The Congressional Budget Office (CBO) today released a look at various long-term budget scenarios. Most notably, the report shows how much more bleak...
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Does CBO "Expect the TCJA to Significantly Boost" the Economy in 2018?

UPDATE: The FRBSF paper has been corrected to remove the erroneous claim that CBO’s growth estimates are well in excess of theirs. The below fact...
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Health Care Spending in the Long-Term Outlook

The Congressional Budget Office's (CBO) long-term outlook shows debt reaching an all-time record as a share of GDP by 2034 and nearly doubling as a...
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CBO is Pretty Good at Estimating Spending

In March 2016, CBO estimated the federal government would spend $4.06 trillion for fiscal year (FY) 2017 – a number that would increase to $4.08...

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