CBO estimates how expanding certain children’s eligibility for Medicaid or the Children’s Health Insurance Program over the next 10 years would affect the U.S. economy and the federal budget through the end of the century.
CBO Blog
This report presents CBO’s projections of revenues and outlays for the 2025–2034 period translated into the framework of the national income and product accounts and their categories of current receipts and expenditures.
The federal budget deficit totaled $622 billion in October and November 2024, the first two months of fiscal year 2025, CBO estimates. That amount is $242 billion more than the deficit recorded during the same period last fiscal year.
CBO assesses the quality of the baseline projections of deficits and debt that it has made each spring from 1984 to 2023.
CBO’s Director describes how expiring provisions of the 2017 tax act affect the agency’s baseline projections and reviews some information that has become available since CBO first estimated the effects of the tax act in April 2018.
CBO announces the release schedule for several upcoming publications that will provide insights on the federal budget and the economy.
CBO maintains a benchmark projection of greenhouse gas (GHG) emissions to estimate the effects of certain emissions policies. According to that projection, GHG emissions in the United States decline by about 8 percent from 2025 to 2034.
CBO analyzes the Department of Defense’s plans for 2025 to 2029 as presented in the 2025 Future Years Defense Program. Under those plans, CBO projects, defense costs would increase by 11 percent between 2029 and 2039.
Since 2003, CBO has projected the Department of Defense’s costs for the 10 to 15 years beyond those covered in the Future Years Defense Program’s five-year plan. This report describes some of the methods CBO uses to make those projections.
Of the rotary-wing aircraft operated by the Army, the Department of the Navy (DoN), and the Air Force, the Army’s are the most numerous and have had the greatest availability rates. But DoN’s aircraft have flown the most hours per aircraft.