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CBO Releases "The Distribution of Major Tax Expenditures in the Individual Income Tax System"
May 29, 2013In 2013, the benefits of 10 of the largest tax expenditures will equal 11.7 percent of income for households in the lowest income quintile, 9.4 percent for the highest quintile, and under 8 percent for the middle quintiles, CBO estimates.read more -
CBO Releases "Report on the Troubled Asset Relief Program—May 2013"
May 23, 2013The cost to the federal government of the TARP’s transactions, including grants for mortgage programs that have not yet been made, will amount to $21 billion, CBO estimates—$3 billion less than it previously projected.read more -
CBO Releases "Effects of a Carbon Tax on the Economy and the Environment"
May 22, 2013A carbon tax’s effect on the economy depends on how lawmakers would use revenues generated by the tax. The tax would help reduce U.S. emissions but would have only a modest effect on the Earth’s climate without a worldwide effort.read more -
CBO Releases "Testimony on CBO's Appropriation Request for Fiscal Year 2014"
May 21, 2013Testimony before the Subcommittee on the Legislative Branch, Committee on Appropriations, United States Senateread more -
Comparing Budget Plans
May 17, 2013Following the release of CBO’s analysis of the President’s FY 2014 budget, in today’s blog post, Director Doug Elmendorf compares the President’s plan with Congressional budget plans.read more -
CBO Releases "An Analysis of the President’s 2014 Budget"
May 17, 2013Enactment of the President’s proposals would, CBO and the staff of the Joint Committee on Taxation estimate, result in deficits totaling $5.2 trillion between 2014 and 2023, $1.1 trillion less than the cumulative deficit in CBO’s baseline.read more -
CBO Releases "H.R. 45, a bill to repeal the Patient Protection and Affordable Care Act and health care-related provisions in the Health Care and Education Reconciliation Act of 2010"
May 15, 2013Due to time constraints, CBO will not be able to provide a cost estimate for H.R. 45, a bill that would repeal the Affordable Care Act.read more -
CBO’s Estimate of the Net Budgetary Impact of the Affordable Care Act’s Health Insurance Coverage Provisions Has Not Changed Much Over Time
May 14, 2013This blog post describes in more detail CBO's revised expectations about sources of people’s insurance coverage and the net budgetary impact of those revisions, as reflected in CBO's May 2013 baseline projections.read more -
CBO Releases "Updated Budget Projections: Fiscal Years 2013 to 2023"
May 14, 2013A robust increase in revenues projected over the next few years will help shrink deficits through 2015. But deficits are projected to rise later in the decade, partly because of pressures of an aging population and rising health care costs.read more -
CBO's Panel of Health Advisers
May 9, 2013Following yesterday’s post about CBO’s Panel of Economic Advisers, the agency reports the current members of its Panel of Health Advisers. CBO’s work benefits greatly from the members’ expertise on a variety of health care issues.read more -
Macroeconomic Analysis of Legislative Proposals
May 9, 2013What sorts of behavioral responses are included in CBO's estimates?read more -
CBO Releases "A Description of the Immigrant Population—2013 Update"
May 8, 2013About 40 million foreign-born people now live in the United States, accounting for about 13 percent of the total population.read more -
CBO's Panel of Economic Advisers
May 8, 2013CBO learns from many outside experts. Part of that learning comes through its Panel of Economic Advisers, which consists of distinguished economists with diverse areas of expertise. Today CBO announces the current members of that panel.read more -
CBO to Release Updated Baseline Projections, Analysis of the President’s FY 2014 Budget Next Week
May 8, 2013CBO plans to release its updated 10-year baseline budget projections on Tuesday, May 14. The agency’s analysis of the budgetary outlook under the President’s proposals will be available on CBO’s website Friday afternoon, May 17.read more -
CBO Releases "Monthly Budget Review for April 2013"
May 7, 2013The federal government ran a budget deficit of $489 billion in the first seven months of fiscal year 2013 (that is, from October 2012 through April 2013), according to CBO’s estimates.read more -
A Tour of the Federal Budget
May 7, 2013Director Doug Elmendorf briefly describes his presentation to an economics class at Harvard University on April 26 and features his slides in case you missed their original posting on CBO’s website.read more -
CBO Releases "CBO’s Projections of Federal Receipts and Expenditures in the National Income and Product Accounts"
May 6, 2013How do CBO’s projections of federal receipts and expenditures in the national income and product accounts compare with CBO’s baseline projections of revenues and outlays in the federal budget?read more -
How Would CBO Analyze the Economic Effects of Immigration Legislation?
May 2, 2013CBO wrote a letter to House Budget Committee Chairman Ryan about how the agency analyzes the economic effects of changes in immigration policy.read more -
CBO Releases "Modifying Mortgages Involving Fannie Mae and Freddie Mac: Options for Principal Forgiveness"
May 1, 2013CBO examined three options for Fannie Mae and Freddie Mac to use principal forgiveness for certain underwater borrowers. How would those options affect the number of mortgage defaults, the federal budget, and the overall economy?read more
monthly archive
- September 2013 (22)
- August 2013 (2)
- July 2013 (5)
- June 2013 (10)
- May 2013 (19)
- April 2013 (14)
- March 2013 (22)
- February 2013 (10)
- January 2013 (11)
- December 2012 (4)
- November 2012 (10)
- October 2012 (4)