Using the rising amounts of renewable transportation fuels required by the Renewable Fuel Standard will be difficult. CBO looks at how those requirements and alternatives would affect fuel and food prices and greenhouse gas emissions.
CBO finds that Ex-Im Bank’s credit programs would generate a budgetary cost using fair-value accounting—as opposed to savings under the current approach for measuring costs—because it more fully accounts for risk the government takes on.
Following a hearing on the budget and economic outlook, a Member of Congress asked whether federal investment or reductions in federal deficits and debt would be better for economic growth. Today's post provides that answer.
Peter Fontaine, CBO's Assistant Director for Budget Analysis, gave two presentations at a meeting of the Global Network of Parliamentary Budget Offices, which was sponsored by the World Bank Institute.
After a hearing on the budget and economy, CBO was asked further questions by Members of Congress. Some answers to those questions may be of broad interest, so starting today, CBO will post three of them—the first is about GDP per capita .
Following a recent hearing, CBO was asked by a Member of Congress to provide an updated estimate of the budgetary effects of the Affordable Care Act. This post explains why CBO cannot readily provide a retrospective analysis of the ACA.
How can lawmakers address the imbalance between revenues and spending in the Highway Trust Fund? How does the unique budgetary classification of surface transportation programs limit the effectiveness of standard spending controls?
Under the ACA, most legal residents must get health insurance or pay a penalty. CBO and JCT estimate that 30 million will be uninsured in 2016, but most will be exempt from the penalty; 4 million will make payments totaling $4 billion.