CBO's regular budget publications include semiannual reports on the budget and economic outlook, annual reports analyzing the President’s budget and discussing the long-term budget picture, and a biannual set of options for reducing budget deficits. CBO also prepares cost estimates and mandate statements for nearly every bill that is reported by a Congressional committee. Numerous analytic studies provide more in-depth analysis of specific budgetary issues.
Budget
featured work
An Analysis of the President’s 2014 BudgetMay 2013 - Enactment 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.
Updated Budget Projections: Fiscal Years 2013 to 2023May 2013 - A 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.
The Budget and Economic Outlook: Fiscal Years 2013 to 2023Feb 2013 - Under current law, federal debt will stay at historically high levels relative to the economy, CBO projects. Economic growth will be slow in 2013 but pick up thereafter. Even so, the unemployment rate will be above 7.5 percent through 2014.
Macroeconomic Effects of Alternative Budgetary PathsFeb 2013 - CBO examined three budgetary paths that would increase or reduce budget deficits relative to current law. Through 2023, those paths would result in considerably different trajectories of federal debt and the nation’s output and income.
Choices for Deficit ReductionNov 2012 - Putting the federal budget on a more sustainable path is likely to require a combination of policies, many of which may stand in stark contrast to policies now in place.
Long-Term Budget OutlookJun 2012 - The explosive path of federal debt under the fiscal scenario that many budget analysts believe is more representative of fiscal policies that are now or have recently been in effect underscores the need for large policy changes to put the federal government on a sustainable course.
The U.S. Federal BudgetDec 2011 - CBO published an infographic that provided an overview of the federal budget in fiscal year 2011. The agency has released three additional infographics that provide a more detailed look at federal revenues and at mandatory and discretionary spending in 2011.
latest work
Estimated Effects on Direct Spending and Revenues for Health Care Programs of Proposals in the President's 2014 Budget
data or technical informationMay 17, 2013Comparing Budget Plans
blog postMay 17, 2013CBO's Reestimate of the President's 2014 Mandatory Proposals for Postsecondary Education
data or technical informationMay 17, 2013Projections of Highway Trust Fund Accounts Under CBO's Reestimate of the President's Fiscal Year 2014 Budget
data or technical informationMay 17, 2013Pension Benefit Guaranty Corporation: CBO's May 2013 Baseline and the President's FY 2014 Budget
data or technical informationMay 17, 2013Social Security Proposals in the President's Fiscal Year 2014 Budget as Reestimated by CBO
data or technical informationMay 17, 2013Unemployment Compensation and Trade Adjustment Assistance for Workers
data or technical informationMay 17, 2013SSI Refugee Proposal, Reestimate of the President’s Budget, May 2013
data or technical informationMay 17, 2013
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