learn more about working at cbo and check out the agency’s career opportunities
report
March 5, 2013
read complete document (pdf, 992 kb)
![]()



Economic Effects of Policies Contributing to Fiscal Tightening in 2013Nov 2012 - Significant tax increases and spending cuts are slated to take effect in January 2013, sharply reducing the federal budget deficit and causing, by CBO’s estimates, a decline in economic output and an increase in unemployment.