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CBO Blog

  • Tax Arbitrage by Colleges and Universities

    April 30, 2010
  • CBO Testified on Military Compensation

    April 28, 2010
  • U.S. Fiscal Policy

    April 23, 2010
  • CBO's Cost Estimate for the Restoring American Financial Stability Act of 2010

    April 22, 2010

    Yesterday CBO released a cost estimate for S. 3217, the Restoring American Financial Stability Act of 2010, as ordered reported by the Senate Committee on Banking, Housing, and Urban Affairs on March 22, 2010. S. 3217 would grant new federal regulatory powers and reassign existing regulatory authority among federal agencies with the aim of reducing the likelihood and severity of financial crises.

  • Losing a Job During a Recession

    April 22, 2010
  • Annual Estimates of the Loss in Households' Purchasing Power Under H.R. 2454

    April 20, 2010
  • The Effects of Health Reform on the Federal Budget

    April 12, 2010
  • Federal Budget Deficit Totals $714 Billion in the First Half of Fiscal Year 2010

    April 8, 2010
  • A Review of CBO's Activities in 2009 Under the Unfunded Mandates Reform Act

    April 1, 2010

    The federal governmentthrough laws and regulationssometimes requires state, local, and tribal governments and various entities in the private sector to expend resources to achieve national goals. In 1995, the Unfunded Mandates Reform Act (UMRA) became law, aimed at ensuring that, during the legislative process, the Congress receives information about such proposed requirements, known as federal mandates, before enacting a piece of legislation.

    UMRA defines a legislative provision as a mandate if that provision, when enacted, would

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