Congressional Budget Office

FEATURED

Additional Information About the Economic Outlook: 2021 to 2031

This report provides additional information on the economic forecast that CBO initially released on February 1, 2021. In that forecast, which covers the period from 2021 to 2031, CBO projects that the economy will continue the recovery that it began in 2020 and then enter a sustained expansion. Specifically, real (inflation-adjusted) gross domestic product is projected to return to its prepandemic level in mid-2021 and to surpass its potential (that is, its maximum sustainable) level in early 2025. In CBO’s projections, the unemployment rate gradually declines through 2026, and the number of people employed returns to its prepandemic level in 2024.

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MAJOR RECURRING REPORTS

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Additional Information About the Economic Outlook: 2021 to 2031

United States Department of the Treasury Building, Washington DC

Monthly Budget Review: January 2021

United States Capitol Building in Washington, DC

Expired and Expiring Authorizations of Appropriations for Fiscal Year 2021—Information for Legislation Enacted Through December 23, 2020

Final Sequestration Report for Fiscal Year 2021

CBO’s Recent Publications and Work in Progress as of January 1, 2021

CBO's 2020 Long-Term Projections for Social Security: Additional Information

The Accuracy of CBO’s Budget Projections for Fiscal Year 2020

Options for Reducing the Deficit: 2021 to 2030

The Distribution of Household Income, 2017

Federal Subsidies for Health Insurance Coverage for People Under 65: 2020 to 2030

The 2020 Long-Term Budget Outlook

Long-Term Implications of the 2021 Future Years Defense Program

Estimates of the Cost of Federal Credit Programs in 2021

An Analysis of the President's 2021 Budget

Report on the Troubled Asset Relief Program—March 2020

The Congressional Budget Office's Work in 2019: A Report to the Congress

Federal Debt: A Primer

Transparency at CBO: Future Plans and a Review of 2019

Legislation Enacted in the First Session of the 116th Congress That Affects Mandatory Spending or Revenues

CBO’s Economic Forecasting Record: 2019 Update

An Analysis of the Navy's Fiscal Year 2020 Shipbuilding Plan

CBO’s Projections of Federal Receipts and Expenditures in the National Income and Product Accounts: 2019 to 2029

Federal Mandatory Spending for Means-Tested Programs, 2009 to 2029

Projected Costs of U.S. Nuclear Forces, 2019 to 2028

Public Spending on Transportation and Water Infrastructure, by Level of Government

Public Spending on Transportation and Water Infrastructure, 1956 to 2017

A Review of CBO’s Activities in 2014 Under the Unfunded Mandates Reform Act

Estimated Impact of the American Recovery and Reinvestment Act on Employment and Economic Output in 2014

TOPICS

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Cost Estimate
H.R. 1, For the People Act of 2021
March 1, 2021
Cost Estimate
H.R. 1280, the George Floyd Justice in Policing Act of 2021
March 1, 2021
Report
Potential Statutory Pay-As-You-Go Effects of the American Rescue Plan Act of 2021
February 25, 2021
Report
Additional Information About the Economic Outlook: 2021 to 2031
February 23, 2021
Cost Estimate
CBO’s Estimate of the Statutory Pay-As-You-Go Effects of Rules Committee Print 117-2 for H.R. 803, The Protecting America’s Wilderness and Public Lands Act, with the Manager’s Amendment
February 23, 2021

H.R. 1, For the People Act of 2021
March 1, 2021
H.R. 1280, the George Floyd Justice in Policing Act of 2021
March 1, 2021
CBO’s Estimate of the Statutory Pay-As-You-Go Effects of Rules Committee Print 117-2 for H.R. 803, The Protecting America’s Wilderness and Public Lands Act, with the Manager’s Amendment
February 23, 2021
Estimated Budget Effects of the American Rescue Plan Act of 2021
February 20, 2021
Reconciliation Recommendations of the House Committee on Education and Labor
February 15, 2021

Potential Statutory Pay-As-You-Go Effects of the American Rescue Plan Act of 2021
February 25, 2021
Additional Information About the Economic Outlook: 2021 to 2031
February 23, 2021
A Comparison of Brand-Name Drug Prices Among Selected Federal Programs
February 18, 2021
The Breadth of the Budgetary Effects of the Raise the Wage Act of 2021 Compared with Certain Other Reconciliation Legislation
February 15, 2021
The Budget and Economic Outlook: 2021 to 2031
February 11, 2021

Shipbuilding and Expeditionary Warfare Operations
February 2, 2021
Baseline Budget Projections
January 22, 2021
Navy Shipbuilding: Prospects for Building a Larger Fleet
January 15, 2021
The 2021 Outlook for Navy Shipbuilding: Prospects and Challenges in Building a Larger Fleet
January 6, 2021
CBO’s Economic Projections as of July 2020
November 19, 2020

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ABOUT CBO

CBO is strictly nonpartisan; conducts objective, impartial analysis; and hires its employees solely on the basis of professional competence without regard to political affiliation. CBO does not make policy recommendations, and each report and cost estimate summarizes the methodology underlying the analysis.