CBO/JCT

According to CBO Director Doug Elmendorf: CBO is celebrating its 35th birthday! The agency was created by the Congressional Budget and Impoundment...

The CBO has released its cost estimate of the Senate Jobs bill, the Hiring Incentives to Restore Employment Act, as introduced by Senator Harry Reid...

Although our initial analysis of the President's Budget focused on his ten-year budget plan, the Budget itself includes much, much more. Nestled in...

The Congressional Budget Office came out with their Monthly Budget Review yesterday. It states that the federal government incurred a deficit of $434...

In yet another sign that the legislative process needs serious fixing, Congress last year appropriated $290.8 billion for programs that the House and...

The federal deficit in FY10 is expected to be $1.35 billion--a slight drop from the $1.41 trillion in FY09--but still the second largest in our nation...

Today, we released our Analysis of CBO’s January 2010 Baseline, which discusses the new CBO baseline in detail, including the new deficit and debt...

At the start of the new decade, one in every ten Americans is unemployed. By broader measures of unemployment (including discouraged workers who may...

The government ran record deficits of $390 billion in the first quarter of FY2010, according to the CBO’s Monthly Budget Review. Even last year, with...

UPDATE: CBO mistakenly overestimated the deficit-reducing effect of the Medicare Commission in their score. As a result, they now estimate deficit...

The Congressional Budget Office has come out with a report estimating the impact of the American Recovery and Reinvestment Act on employment and...

Under the Senate health care reform bill the average American will pay about the same for insurance as he or she pays now, the CBO and the Joint...