Taxes
- Blog Post
Director’s Statement on The 2019 Long-Term Budget Outlook
In our extended baseline projections in The 2019 Long-Term Budget Outlook, budget deficits drive federal debt held by the public to unprecedented levels.
- Blog Post
CBO Releases Interactive Federal Budget Infographic
CBO released an interactive graphic showing the overall federal budget in fiscal year 2018 as part of its annual update of infographics on the federal budget.
- Blog Post
CBO to Release Long-Term Budget Projections on June 25
CBO will release The 2019 Long-Term Budget Outlook at 10:00 a.m. on Tuesday, June 25. The report presents projections of what federal spending, revenues, deficits, and debt would be for the next 30 years if current laws generally did not change.
- Blog Post
Director’s Statement on CBO’s Updated 10-Year Baseline Budget Projections
Overall, our baseline budget projections, which reflect the assumption that current laws generally remain in place, have changed little since January, when we released The Budget and Economic Outlook: 2019 to 2029. In our projections, federal debt continues to rise from its already high level because of persistently large budget deficits.
- Blog Post
CBO to Release Updated Baseline Budget Projections on May 2
On May 2, CBO plans to release updated 10-year baseline budget projections. At the same time, CBO will release Federal Subsidies for Health Insurance Coverage for People Under Age 65: 2019 to 2029.
- Blog Post
How the 2017 Tax Act Has Affected CBO’s GDP and Budget Projections Since January 2017
CBO Director Keith Hall discusses changes to CBO’s economic forecast since January 2017 and provides an estimate of the portion of those changes that can be attributed to the enactment of the 2017 tax act.
- Blog Post
Director's Statement on The Budget and Economic Outlook: 2019 to 2029
This morning I briefed the press about The Budget and Economic Outlook: 2019 to 2029, which CBO published today. I delivered the following remarks about that report. Also presented here are some answers to questions that I expected to receive.
- Blog Post
CBO to Release Budget and Economic Outlook on January 28
CBO will release its annual Budget and Economic Outlook at 10:00 a.m. ET on January 28. The report will include updated economic and budget projections spanning the period from 2019 to 2029.
- Blog Post
Director’s Statement on An Update to the Economic Outlook: 2018 to 2028
Today, CBO released An Update to the Economic Outlook: 2018 to 2028. The report presents the agency’s latest economic forecast, which includes projections of real (inflation-adjusted) gross domestic product (GDP) and other factors.
- Blog Post
The Effects on the Budget of Alternative Economic Scenarios
CBO released a report on its “rules of thumb” that shows how changes in four key economic variables might affect revenues, outlays, and deficits. An interactive workbook allows users to see the budgetary effects of their own scenarios.