Budget Projections

The Congressional Budget Office (CBO) today released an estimate of how much it would cost to make most temporary provisions in the House-passed Build...

The Congressional Budget Office (CBO) recently estimated that the House-passed Build Back Better Act will increase outlays by $1.64 trillion over ten...

UPDATE 12/13: Since this analysis was published, CBO has issued a correction to its initial estimate of H.R. 5376. Instead of adding $160 billion to...

New estimates from the Committee for a Responsible Federal Budget project that debt as a percentage of Gross Domestic Product (GDP) is on track to...

Congress is attempting to enact a large and ambitious agenda of new programs through the reconciliation process. While President Biden has made the...

As lawmakers negotiate the details of their reconciliation package, they will need to scale back some of their ambitions to prevent arbitrary policy...

The Biden administration recently extended the federal student loan moratorium through January 2022. Under the moratorium, most federal student loan...

The recently released fiscal year (FY) 2022 Senate budget resolution provides reconciliation instructions allowing for deficit increases of up to $1...

In its updated Budget and Economic Outlook, the Congressional Budget Office (CBO) projected budget deficits will total $15.1 trillion between Fiscal...

Note: (7/6/2022): This analysis is now out of date. We released an updated version of this analysis, available here, which includes updated estimates...

The Congressional Budget Office (CBO) just released its updated Budget and Economic Outlook, accounting for enactment of the American Rescue Plan and...

Last year, we estimated that fully canceling student debt would produce eight to 23 cents of economic activity for every dollar of cost and speculated...