CBO/JCT
Latest
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The Final Tally for 2012: $1.09 Trillion Deficit
Read moreCBO's final Monthly Budget Review for FY 2012 came out today, showing the (preliminary) final estimate for the deficit that year: $1.09 trillion, or 7...
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CBO Projects a Recession -- But How Deep?
Read moreWe've warned many times before that going off the fiscal cliff would throw the economy into a double dip recession. With CBO's updated budget and...
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CRFB's Newest Realistic Baseline
Read moreWith the release of CBO's updated budget and economic outlook, we at CRFB have the opportunity to update our Realistic baseline. Recall that our...
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What Else is New? Changes in CBO's Baseline
Read moreNaturally, when a new budget projection is released, as CBO's updated baseline was yesterday, a good question to ask is: what happened? It is...
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CBO's Updated Baseline Just Released
Read moreThe Congressional Budget Office has just updated its Economic and Budget Outlook. We will be releasing a paper on changes to CBO's projections from...
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CBO's Updated Economic and Budget Outlook
Read moreCRFB has just released a new analysis of CBO's updated Budget and Economic Outlook. The CBO updates its baseline every year in January, March, and...
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Through Ten Months, the Deficit is $975 Billion
Read moreCBO's Monthly Budget Review for July lays out how the first ten months of this fiscal year compared to last year. The FY 2012 deficit so far totals...
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Fiscal Fact Checker: What Caused the Swing From Surplus to Deficit?
Read moreThe Hill points to a press release by Senator (and former OMB director) Rob Portman (R-OH) that claims the upper-income portion of the 2001/2003/2010...
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CBO Projects DoD's Plans Will Cost More Than Their Estimates
Read moreToday, CBO has released yearly estimates of the long-term budget projections for the Department of Defense. The DoD provides a plan to Congress called...
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Targeting Tobacco: The Budgetary Effects of a Cigarette Tax Increase
Read moreCBO's latest report details the full effects on the federal budget of raising the federal excise tax on cigarettes. As they would when analyzing any...
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The Drivers: Health Care Cost Growth and Population Aging
Read moreIn our recent analysis of CBO's Long-Term Budget Outlook, we elaborated on how the overall federal debt is on an unsustainable path. Just twelve years...