CBO commemorated its 50th anniversary with an event in the Capitol Visitor Center Auditorium—a celebration of the agency's enduring legacy and its nonpartisan mission first defined by CBO's founding director, Alice Rivlin.
August 2025
As tariffs changed frequently throughout 2025, CBO has regularly updated the Congress about projected tariff revenues; this blog post is the latest in that series.
CBO provides an overview of the main components of greenhouse gas emissions from agriculture, recent trends in those emissions, and projections of future emissions.
CBO announces the release schedule for several publications next month that provide updated information on the federal budget, demographic trends, and the short-term economic outlook.
As required by law, CBO reports on whether appropriations enacted for the current fiscal year have exceeded the statutory caps on discretionary funding. In CBO's estimation, they have not, and a sequestration will not be required for 2025.
The federal budget deficit totaled $1.6 trillion in the first 10 months of fiscal year 2025, CBO estimates. That amount is $109 billion more than the deficit recorded during the same period last fiscal year.