CBO Blog

CBO presents its projections of revenues and outlays for the 2026–2036 period translated into projections of current federal receipts and expenditures in the national income and product accounts.

CBO explains the differences between revenues, outlays, and deficits in the federal budget and the corresponding measures of federal receipts, expenditures, and saving in the national income and product accounts.

In this report, the latest in a quarterly series, CBO highlights its recent publications and summarizes its work in progress.

The federal budget deficit totaled $2.0 trillion in fiscal year 2026, CBO estimates, $218 billion more than the deficit recorded in fiscal year 2025.

CBO examines how spending for flood adaptations today might affect the federal government's potential costs for disaster relief later, and what households are likely to pay for flood insurance that is subsidized by the federal government.

CBO's Director, Phillip Swagel, discusses his recent and upcoming speaking engagements about the agency's work, its mission, and the U.S. economy.

David E. Mosher, CBO's Director of National Security Analysis, testifies before the Senate Armed Services Committee's Subcommittee on Strategic Forces.

CBO examines the distribution of income—and of the means-tested transfers and federal taxes that affect it—from 1979 to 2023.

In CBO's projections, the gap between Social Security's outlays and revenues generally widens over the next 75 years, and the balance of the Old-Age and Survivors Insurance Trust Fund is exhausted in fiscal year 2032.

CBO announces the members of its Panel of Health Advisers for this year.