CBO/JCT
Latest
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Ignoring PAYGO Could Add $2.5 Trillion to the Debt
Read moreCBO's official budget estimates rely on general adherence to current law, meaning that no new laws are passed other than to keep the government...
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Trust Fund Deadlines Are Closing In
Read moreIn addition to updating budget projections, CBO's baseline also looks at the state of various government trust funds over the next ten years. Two of...
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CRFB Publishes Analysis of CBO's 2015 Budget and Economic Outlook
Read moreYesterday, CRFB published an analysis of CBO’s latest Budget and Economic Outlook. The six-page document summarizes the forecasts and emphasizes the...
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CBO Report Shows Return of Trillion-Dollar Deficits
Read moreTrillion-dollar deficits are coming back in 2025. That's one of the many stories told by the new budget update released today by the Congressional...
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Report: CBO's January 2015 Budget and Economic Outlook
Read moreThe Congressional Budget Office (CBO) released its Budget and Economic Outlook today, showing their budget and economic forecasts through 2025. After...
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The House's New Rule on Dynamic Scoring
Read moreThis week, the House approved a rule change related to dynamic scoring. Specifically, the rule would require the Congressional Budget Office (CBO) and...
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CBO Shows Social Security is in Financial Trouble
Read moreIt is clear that Social Security faces financial challenges. This year, its own Trustees estimated the combined trust funds would run out of reserves...
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Discussing the Uncertainty of Long-Term Budget Projections
Read moreAn old saying goes, "Nothing is certain but death and taxes." But in budget projections, neither of those things -- mortality rates nor revenue levels...
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Event Recap: A Discussion on Dynamic Scoring
Read moreThe Committee for a Responsible Federal Budget hosted a policy discussion this past Tuesday on dynamic scoring. CRFB President Maya MacGuineas opened...
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Measuring Inflation Right Saves $375 Billion
Read moreAccording to the latest CBO Budget Options report, adopting the chained CPI – an inflation index that most economists believe is a more accurate...
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CBO Releases 2014 Budget Options
Read moreWith the national debt at record highs and projected to increase, lawmakers need to find ways to reduce the long-term budget deficit. Fortunately, CBO...
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Highlights from CBO's New Data on Income Distribution and Taxes
Read moreThe CBO has updated its data on the distribution of income and taxes. This analysis contains a wealth of data detailing changes in household income...