Congressional Budget Office

Supporting the congress since 1975

Congressional Budget Office

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Taxes

Over the past 40 years, federal revenues have ranged from nearly 21 percent of GDP, in fiscal year 2000, to less than 16 percent, in fiscal years 2009 through 2012; they have averaged about 18 percent of GDP over the four decades. In addition to projecting the future course of federal revenues, CBO analyzes the budgetary and economic effects of various features of the federal tax system and the effects of potential changes to current tax rules.

Sub-Topics:

  • Analysis of the President's Budget
  • Budget and Economic Outlook
  • Distribution of Federal Taxes
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A Tour of the Federal Budget and Possible Changes in Budget Policy

presentation

April 26, 2013

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S. 743, Marketplace Fairness Act of 2013

cost estimate

April 24, 2013

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CBO To Release Analysis of the President’s FY 2014 Budget and Updated Baseline Projections in May

posted by Doug Elmendorf on April 22, 2013

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Differences Between the Traditional CPI and the Chained CPI

posted by Rob McClelland on April 19, 2013

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  • Related Documents

  • Indexing with the Chained CPI-U for Tax Provisions and Federal Programs
  • Blog Post: CBO Testifies on Using the Chained CPI to Index Social Security, Other Federal Programs, and the Tax Code for Inflation
  • Blog Post: What Would Be the Effect on the Deficit of Using the Chained CPI to Index Benefit Programs and the Tax Code?

related publications


  • Using a Different Measure of Inflation for Indexing Federal Programs and the Tax Code

    February 24, 2010
  • Explaining the Consumer Price Index

    June 20, 2007
  • Social Security Trust Fund—February 2013 Baseline

    February 05, 2013
  • The 2012 Long-Term Projections for Social Security: Additional Information

    October 02, 2012
  • Reducing the Deficit: Spending and Revenue Options

    March 10, 2011
  • Social Security Policy Options

    July 01, 2010
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Testimony on Using the Chained CPI to Index Social Security, Other Federal Programs, and the Tax Code for Inflation

report

April 18, 2013

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CBO Testifies on Using the Chained CPI to Index Social Security, Other Federal Programs, and the Tax Code for Inflation

posted by Jeffrey Kling on April 18, 2013

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What Would Be the Effect on the Deficit of Using the Chained CPI to Index Benefit Programs and the Tax Code?

posted by Emily Stern on April 18, 2013

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Snapshot of Foster Care, Adoption Assistance, and Guardianship Assistance

posted by Jonathan Morancy on April 18, 2013

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Snapshot of Spending for Military Retirement Pay

posted by Matt Schmit on April 17, 2013

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Snapshot of the Supplemental Nutrition Assistance Program

posted by Kathleen FitzGerald on April 16, 2013

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