CBO learns from many outside experts. Part of that learning comes through our panels of advisers—a Panel of Economic Advisers and a Panel of Health Advisers—which consist of widely recognized authorities on a range of issues.
CBO and the staff of the Joint Committee on Taxation are in the process of preparing a cost estimate for the House-passed version of the American Health Care Act.
Today I testified about the cost of government before the Senate Budget Committee and gave the following opening remarks.
As required, CBO reports on whether appropriations enacted for the current fiscal year have exceeded the statutory caps on discretionary spending. In CBO’s estimation, they have not, and a sequestration will not be required for 2017.
CBO and JCT are in the process of preparing a cost estimate for the House-passed version of the American Health Care Act. CBO will provide advance notice of the date and time of release before publishing it.
The federal budget deficit was $348 billion for the first seven months of fiscal year 2017, CBO estimates—$5 billion less than the shortfall recorded during the same span last year.
This blog post explains how CBO analyzes the economic effects of federal subsidies for education and job training. It provides information on the basis for CBO’s estimates and the research that informs them.