Part 2 of Answers to Questions for the Record Following a Hearing on An Update to the Budget and Economic Outlook: 2024 to 2034
Report
The Senate Committee on the Budget convened a hearing at which Phillip L. Swagel, CBO's Director, testified. This document provides CBO’s answers to 18 of the 29 questions submitted for the record.
On July 9, 2024, the Senate Committee on the Budget convened a hearing at which Phillip L. Swagel, CBO’s Director, testified about the agency’s report An Update to the Budget and Economic Outlook: 2024 to 2034. After the hearing, Ranking Member Chuck Grassley and Senators Mike Lee and Rick Scott submitted 29 questions for the record. A document providing CBO’s answers to 11 of those questions was published on August 9, 2024. This document provides the agency’s answers to the remaining 18 questions.