CBO/JCT
Latest
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CBO: Our Increased Fiscal Crisis Risk
Read more"The current fiscal path of the federal government is unsustainable." This sentence begins any discussion about the future of US fiscal policy and CBO...
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CRFB Releases Report on Long-Term Effects of Health Reform
Read moreToday, CRFB released its report on the long-term effects of the recent health care reform package (be sure to check it out!), based on information...
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CBO Issues Monthly Budget Review
Read moreCBO issued its monthly review for June, finding that so far this year, the federal government has run a deficit of just over $1 trillion, $81 billion...
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CBO Releases Report on Social Security Reform Options
Read moreLast Friday, CBO released a report on 30 options for changing the Social Security system, analyzing both the savings and distributional effects of the...
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‘Line’ Items: Post-Fourth Edition
Read moreAfter the Fireworks – The Independence Day celebrations have concluded. The fireworks have fizzled and most of us are back to work. Capitol Hill is...
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CRFB Releases Analysis of CBO's Long Term Outlook
Read moreCRFB just released its analysis of the long term outlook. The analysis noted that while the debt picture has improved somewhat under CBO's extended...
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CBO Releases Sobering New Long Term Outlook
Read moreCBO’s Long Term Budget Outlook, released today (see our press release here), paints a more alarming picture of the U.S. debt path than had been...
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Fiscal Commission Holds Public Forum
Read moreThis morning, CBO Director Doug Elmendorf released CBO's long-term outlook at the third public meeting of The National Commission on Fiscal...
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Spending and Revenues in the Long Term Outlook
Read moreAfter much anticipation, the CBO has released its Long Term Budget Outlook, which gives the first glimpse at the long-term effects of the recently...
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CBO Issues Its Monthly Report on the Deficit, Outlays, and Revenues
Read moreThe Congressional Budget Office (CBO) issued its Monthly Review late last week (and today, the Treasury released its Monthly Statement for May). CBO...
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Deficits, GDP, and Automatic Stabilizers
Read moreAccording to a new CBO report, automatic stabilizers added about $282 billion to the federal deficit last year and are projected to add $351 billion...