Over the past three months, CBO has provided a variety of budget and economic analyses, fulfilling the agency’s core mission of supporting the Congress during each stage of the legislative process.
The agency has published 104 cost estimates for legislation that was reported by a committee or that was the subject of a motion to be placed on the consensus calendar. Among other work was CBO’s estimate that the Infrastructure Investment and Jobs Act would increase federal budget deficits by $256 billion over the 2021–2031 period. CBO was also focused on providing technical assistance to the Congress as legislative proposals affecting health care, income security, and infrastructure were developed.
In addition, since its last quarterly report on work in progress, CBO has released 17 reports and working papers; they satisfied statutory requirements, fulfilled Congressional requests, or provided economic and budgetary analysis or technical information.