The Congressional Budget Office usually publishes its budget and economic projections for the next 10 years in January and then updates the budget projections in the spring and summer. The January projections were delayed this year, as CBO’s Recent Publications and Work in Progress as of December 31, 2021 mentioned. Producing the projections on the typical schedule would have prevented CBO from carrying out other pressing work for the Congress, and pending legislation might have made the projections outdated shortly after they were published.
This year, CBO anticipates publishing the projections during the week of May 23 and releasing its analysis of the President’s budget request by early July. Then, sometime in July, the agency will publish its recurring report on the long-term budget outlook. Once it is known, the precise schedule for those reports will be announced on CBO’s website.
Phillip L. Swagel is CBO’s Director.