The Chairman of the House Budget Committee has announced that the committee will be considering a proposed budget resolution soon. What are budget resolutions, and what is CBO's role in this process?
CBO Blog
Under budgetary paths (not particular policies) specified by Chairman Price, the budget would show a surplus in 2026. In comparison with CBO's extended baseline, economic output would be lower in the next few years but higher after 2020.
CBO plans to release its updated 10-year baseline projections and its updated estimates of the budgetary effects of the insurance coverage provisions of the Affordable Care Act on March 24.
CBO Director Keith Hall testified on CBO’s appropriation request for fiscal year 2017 before the Subcommittee on the Legislative Branch, Committee on Appropriations, United States Senate.
The federal budget deficit was $352 billion for the first five months of fiscal year 2016, CBO estimates.
Federal spending on highways does not correspond very well with how the roads are used. CBO examines three approaches lawmakers could consider to make highway spending more productive.
Premiums for private health insurance, which are high and rising, are affected by various federal subsidies and regulations. In 2016, the federal government will subsidize most premiums, at a cost of roughly $300 billion.
After questions were raised by outside analysts, we identified some errors in one part of our report, CBO’s 2015 Long-Term Projections for Social Security: Additional Information, which was released on December 16, 2015.
The federal budget deficit was $165 billion for the first four months of fiscal year 2016, CBO estimates.
In an opening statement to the House Budget Committee, CBO Director Keith Hall discussed The Budget and Economic Outlook: 2016 to 2026, which was released in January.