CBO/JCT
Latest
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CBO Director Testifies Before House Budget Committee
Read moreCBO Director Douglas Elmendorf testified before the House Budget Committee this morning following CBO's release of the 2014 Budget and Economic...
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CRFB Releases Analysis of CBO's 2014 Budget and Economic Outlook
Read moreYesterday, the Congressional Budget Office released its 2014 Budget and Economic Outlook, serving as a budget baseline for the new year. To help make...
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CBO Shows Deteriorating Budget and Economic Projections
Read moreThe Super Bowl was held last Sunday, and the Olympics are coming up in a few days, but the biggest event this week happened today as CBO released its...
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Report: Analysis of CBO’s 2014 Budget and Economic Outlook
Read moreNote: The paper's mention of the change in deficits from 2015 to 2024 has been corrected.
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Sources of Spending Growth in CBO's Baseline
Read moreThe CBO's baseline released today shows how spending is expected to grow over time and where that growth occurs in the federal budget. In general...
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CBO's "Approaches to Reducing Federal Spending on Military Health Care"
Read moreMilitary personnel costs continue to increase as a share of the defense budget. One of the fastest growing components is military health care, where...
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UI Offsets a Good Start, But Fall Short
Read moreToday, the Congressional Budget Office released their score of the proposal from Majority Leader Harry Reid (D-NV) to renew extended unemployment...
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CBO 95 Percent Confident Social Security Trust Fund Runs Out in 25 Years
Read moreCBO's Long-Term Budget Outlook contains significant amounts of helpful data on Social Security. However, a lot of the data focus on just the outlays...
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CBO Predicts the "X Date"
Read moreGiven the nature of debt ceiling politics lately, estimating when the federal government will start defaulting on obligations has become a common...
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CBO Director Examines Drivers of Health Care Spending Growth
Read moreAs the conferees met yesterday, any doubt that we can afford to wait on the long-term debt problem should have quickly been erased after CBO Director...
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CBO Takes a Look at the Distribution of Taxes and Transfers
Read moreOn Monday, we took a look at the breakdown of federal spending and taxes by the type of household, particularly between elderly and non-elderly...
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CBO Director Lays Out Budget Challenges for Conference Committee
Read moreAt the second meeting of the budget conference committee earlier today, CBO director Doug Elmendorf was on hand to present the budget and economic...