Jan 3, 2018 | Blog Paper Press Release | Taxes

Official Analysis Finds Tax Bill Will Produce Marginal Growth, Cost $1.1 Trillion

At the end of December, the Joint Committee on Taxation (JCT) released its final dynamic analysis of the Tax Cuts and Jobs Act (TCJA). JCT's analysis...

CRFB's Top 10 Charts of 2017

The year 2017 was a busy time for budget policy as lawmakers considered major legislation dealing with health care and taxes following the...
Concept_Stock Market_Recession
Nov 30, 2017 | Blog Paper Press Release | Taxes

JCT Score Shows Tax Bill Would Cost $1 Trillion After Economic Growth

For Immediate Release The Joint Committee on Taxation (JCT) released its dynamic score of the Senate Finance Committee-passed Tax Cuts and Jobs Act...
Nov 15, 2017 | Blog Paper Press Release | Taxes

New Senate Tax Bill Hides Over $500 Billion of Gimmicks

NOTE: This is an old version of this analysis based on a version of the bill considered by the Senate Finance Committee. The bill was later modified...
Concept_DC_Capitol Building

A Dangerous Effort to Undermine the Work of the Congressional Budget Office

For Immediate Release When the House of Representatives considers the so-called appropriations “minibus” for fiscal year 2018, which includes...

Is CBO's Math on the BCRA Wrong Because It Uses Faulty Numbers?

The White House tweeted out a video Wednesday saying "the Congressional Budget Office's [CBO] math doesn't add up" because they use "faulty numbers...
Maya MacGuineas

Maya MacGuineas: White House Video Continues Dispiriting Pattern of CBO Attacks

Maya MacGuineas is president of the nonpartisan Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently...
Donald Trump

CBO Releases Its Own Estimate of the President's Budget

The Congressional Budget Office (CBO) released its estimate of the President's budget today. The estimate shows, perhaps unsurprisingly, a much worse...

Analysis of CBO’s Updated Budget and Economic Outlook (June 2017)

The Congressional Budget Office (CBO) released updated budget and economic projections today, continuing to show an unsustainable picture of debt...
Rudolph Penner

Rudolph Penner: The Attacks On The Congressional Budget Office Are Wrong

Dr. Rudolph Penner was the director of the Congressional Budget Office from 1983 to 1987, and he is an Institute Fellow at the Urban ...