CBO/JCT

Sometimes, the timing of things can really work out in Washington. Yesterday, President Obama nominated Rep. Mel Watt (D-NC) to be the head of the...

Opponents of the chained CPI often propose an alternative index for cost-of-living adjustments, the experimental CPI for Americans 62 years of age and...

Late last week, David Rogers of Politico reported that there will indeed be a "second sequester," or a $1 billion scorekeeping adjustment due to OMB's...

CBO's latest Monthly Budget Review (MBR) for March means that we now have budget data for the first six months of FY 2013. The six-month deficit...

The Congressional Budget Office has been busy on its blog lately, posting both snapshots of federal programs and also publishing responses to...

It is a well-known fact that the U.S. spends a sizeable amount on defense, more than the next 15 countries combined, including China and Russia. But...

Last Friday, the CBO released a report showing how much the business cycle has affected budget deficits since 1960. The report shows the effect that...

The last Congress attempted to work out a new farm bill but could never reach an agreement. The American Taxpayer Relief Act, the agreement reached...

Analyses of the CBO budget baseline generally focus on the current law baseline, the one that CBO presents in most detail. In the past, we constructed...

In CBO’s latest Budget and Economic Outlook, much has changed since their August baseline. As we explain in our report on the February baseline, the...

On the same day they released their February Baseline projection, the Congressional Budget Office (CBO) released a companion report on Macroeconomic...

CBO's new budget baseline released yesterday relies on its own economic projections over the next decade. After comparing their economic projections...