CBO is engaged in many efforts to foster transparency, such as providing information to help people understand the federal budget process and the agency’s role in it. This week, CBO released three more primers as part of those efforts.
May 2023
Rescissions are provisions of law that cancel budget authority previously provided to federal agencies before it would otherwise expire. This document provides answers to key questions about how CBO estimates savings from rescissions.
CBO is required to regularly prepare a baseline consisting of projections of federal revenues, spending, deficits or surpluses, and debt under current law. This document describes the laws that govern how CBO prepares those projections.
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As defined by the Unfunded Mandates Reform Act of 1995, mandates generally require a nonfederal entity to take an action or comply with a prohibition. This primer describes the principles that CBO follows to identify mandates in legislation.
CBO released updated projections of health insurance coverage for people under age 65 in the journal Health Affairs.
CBO's graphics guide contains examples of the wide variety of graphics that have been produced for publications at the agency. It also includes examples of how various techniques can be applied to graphics to help convey their message.
CBO examines how the discretionary spending proposals in the President’s 2024 budget compare with CBO’s most recent baseline budget projections, which span 2023 to 2033.
CBO provides an introduction to the basics of satellites and constellations, describes the reasons for and consequences of the projected growth in large constellations, and discusses the costs of fielding those constellations.
CBO provides information about how its most recent budget projections would change under different assumptions about future legislated policies.
CBO’s updated projections show a federal budget deficit of $1.5 trillion for 2023. That estimate is subject to considerable uncertainty, though, in part because of a recent shortfall in tax revenues.