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  • CBO Now Plans To Release Budget and Economic Outlook on February 5

    January 28, 2013

    CBO now plans to release its annual Budget and Economic Outlook on Tuesday, February 5, a day later than originally scheduled. That report will include updated economic and budget projections that incorporate the effects of the legislation enacted at the beginning of the year, a revised economic forecast consistent with the budget projections, and other changes to CBO’s estimates. It will be available on CBO's website at 1 p.m. (Details about arrangements for the press may be found on the press page.)

  • CBO Releases New Report: Refundable Tax Credits

  • CBO Releases New Report: CBO’s Economic Forecasting Record: 2013 Update

  • CBO Releases New Report: Unauthorized Appropriations and Expiring Authorizations

  • CBO Releases New Report: Private-Sector Mandates in Federal Legislation

  • CBO Plans to Release Budget and Economic Outlook on Monday, February 4

    January 14, 2013

    CBO plans to release its annual Budget and Economic Outlook on Monday, February 4. That report will include updated economic and budget projections that incorporate the effects of the legislation enacted at the beginning of the year, a revised economic forecast consistent with the budget projections, and other changes to CBO’s estimates. CBO’s most recent economic and budget projections can be found in An Update to the Budget and Economic Outlook: Fiscal Years 2012 to 2022, which was released last August.

  • How Will Older People’s Participation in the Labor Force Be Affected by the Coming Increase in the Full Retirement Age for Social Security?

    January 9, 2013

    CBO expects that the share of older people who work will increase in the latter part of this decade in response to the scheduled increase in the full retirement age (FRA) for Social Security. As a result, economic output will be slightly greater and budget deficits slightly smaller than would otherwise be the case. This blog entry explains CBO’s estimate of the effect of the change in Social Security on the size of the U.S.

  • CBO Releases New Report: Options for Taxing U.S. Multinational Corporations

  • CBO Releases New Report: Monthly Budget Review

  • The CBO Blog

    January 8, 2013

    With the opening of the 113th Congress, we at CBO will be using this blog a bit differently than in the past. The “Director’s Blog” has always been a collective effort, so why not reflect that fact in the blog’s name? Thus, we’re changing the name to the “CBO Blog.”

  • The “Fiscal Cliff” Deal

    January 4, 2013

    We’ve received a number of questions in the past few days about the budgetary and economic impact of the significant budget legislation just enacted by the Congress. Here are some of the most common questions and our answers to them:

    Does the Legislation Increase or Decrease Federal Budget Deficits?

    That depends on what you compare the legislation with:

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