- Report
In CBO’s latest projections, economic growth slows and then picks up over the 2023–2025 period. That initial slowdown in economic growth drives up unemployment. Inflation continues to gradually decline.
- Report
David E. Mosher, CBO's Director of National Security Analysis, testifies before the Senate Armed Services Committee's Subcommittee on Personnel.
- Report
CBO provides information to Members of Congress about the agency’s efforts to provide budgetary analysis related to the reauthorization of what is commonly known as the farm bill.
- Report
CBO analyzed eight scenarios that differ from those underlying the agency’s long-term baseline budget projections—six that vary economic outcomes, one that varies budgetary outcomes, and one that limits Social Security benefits.
- Report
CBO has estimated what the economic and budgetary effects would be if the discretionary funding caps enacted in June 2023 had been those required under H.R. 2811, the Limit, Save, Grow Act of 2023.
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Two Navy databases, DECKPLATE and AMSRR, track aircraft availability. Looking at Super Hornet aircraft, CBO found AMSRR’s availability rates better predict actual flying hours. DECKPLATE’s predictions are similar if data errors are fixed.
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CBO estimates that plans for U.S. nuclear forces, as described in the fiscal year 2023 budget and supporting documents, would cost $756 billion over the 2023–2032 period, $122 billion more than CBO’s 2021 estimate for the 2021–2030 period.
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In this report, the latest in a quarterly series, CBO highlights its recent publications and summarizes its work in progress.
- Report
CBO’s Director, Phillip Swagel, testifies about the agency’s projections of Social Security’s finances before the Senate Budget Committee.
- Report
The federal budget deficit was $1.4 trillion in the first nine months of fiscal year 2023, CBO estimates—$875 billion more than the shortfall recorded during the same period last year.