CBO/JCT
Latest
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Social Security, Medicare, & Interest Drive 3/4 of Spending Growth
Read moreThe deficit will grow from less than $550 billion in 2016 to $1.4 trillion in 2026, according to this week's report by the Congressional Budget Office...
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It Could Take $8 Trillion to Balance the Budget
Read moreTuesday’s release of the topline numbers for this year's Congressional Budget Office (CBO) baseline is a gut punch to congressional budget writers...
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Our Analysis of CBO's January 2016 Budget and Economic Outlook Summary
Read moreThe era of declining deficits is over. That's the conclusion of our analysis of the Congressional Budget Office's (CBO) January 2016 Budget and...
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Deficits Rise in Latest Budget Projections
Read moreUpdate: You can view our full analysis here. The Congressional Budget Office (CBO) just released baseline projections showing rapidly rising deficits...
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CBO's Latest Estimate of the Partial ACA Repeal
Read moreKicking off the new year in style, the Congressional Budget Office (CBO) released its latest estimate of the reconciliation bill passed by the Senate...
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CBO Releases Detailed Social Security Projections
Read moreAs it often does in December, CBO has released its detailed long-term projections for Social Security that build off the ones released with their long...
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JCT Estimates Over $1.2 Trillion in Tax Breaks in 2015
Read moreThe Joint Committee on Taxation (JCT) recently released its latest estimate of tax expenditures covering the years 2015-2019. Based on the summed cost...
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Budget Deal Truly Offsets Only Half Its Cost
Read moreLawmakers are currently considering a budget deal that would increase appropriated spending, suspend the debt limit until March 2017, reallocate...
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Most of Deficit's Decline Because Tax Breaks Aren't Included
Read moreMuch of the press coverage of the updated projections issued by the Congressional Budget Office last week focused on the fact that the deficit would...
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Growing Health & Interest Spending to Overwhelm Flat Revenue
Read moreCBO's recent budget projections show debt growing in the latter half of the decade as deficits widen. Entitlement spending will continue to grow as a...
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CRFB Breaks Down the Newest CBO Budget Projections
Read moreCRFB has released its analysis of CBO's latest ten-year budget projections, detailing the important facts from the report and how it has changed from...
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CBO Still Shows Unsustainable Debt in its August Baseline
Read moreThe Congressional Budget Office (CBO) just released its August baseline, updating budget projections from March and economic projections from January...