CBO Blog

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.

The federal budget deficit totaled $2.0 trillion in the first 11 months of fiscal year 2026, the CBO estimates. That amount is $6 billion less than the deficit recorded during the same period last fiscal year.

Almost half of the employees at small businesses work for ones that do not offer a health insurance plan. CBO describes sources of coverage, health plan options, enrollment, and premiums.

CBO provides estimates of the budgetary effects of automatic stabilizers—as well as the size of federal budget deficits without them—over the past 50 years and in CBO's current economic forecast from 2026 to 2036.

CBO reports annually on programs whose authorizations of appropriations have already expired or will expire. This report updates CBO's preliminary report that was released on January 15, 2026.

CBO describes the rules governing the taxation of Social Security benefits and examines how those rules affect federal revenues, the distribution of taxes among beneficiaries, and the broader economy.