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    The Federal Budget in Fiscal Year 2021: An Infographic

    September 20, 2022

    The federal deficit in 2021 was $2.8 trillion, equal to 12.4 percent of gross domestic product.

  • Interactive

    How Increasing the Federal Minimum Wage Could Affect Employment and Family Income

    August 18, 2022

    This interactive tool, updated in August 2022, allows users to explore how various policies to increase the federal minimum wage would affect earnings, employment, family income, and poverty.

  • Interactive

    CBO's Waterfall Model for Projecting Discretionary Spending, August 2022

    August 10, 2022

    CBO's interactive tool allows users to simulate the agency's process for projecting discretionary budget authority and outlays for different types of spending over the course of 10 years.

  • Interactive

    Workbook for How Changes in Economic Conditions Might Affect the Federal Budget: 2022 to 2032

    June 8, 2022

    This workbook allows users to define and analyze alternative economic scenarios by specifying differences in the values of four economic variables from those underlying CBO's May 2022 projections.

  • Interactive

    How Changes in Revenues and Outlays Would Affect Debt Service, Deficits, and Debt

    June 7, 2022

    This interactive workbook allows users to see how revenues and outlays that differed from those in CBO’s May 2022 baseline budget projections would increase or decrease net interest costs and thus affect deficits and debt.

  • Interactive

    CBO’s Interactive Force Structure Tool

    May 17, 2022

    This tool allows the user to see the effects on the Department of Defense’s total operation and support costs and on the size of the military of adding or subtracting tanks, ships, aircraft, and other units.

  • Report

    The Distribution of Household Income, 2018

    August 4, 2021

    In 2018, average household income after accounting for means-tested transfers and federal taxes was $37,700 among households in the lowest quintile and $243,900 among households in the highest quintile.

  • Interactive

    Workbook for How Changes in Economic Conditions Might Affect the Federal Budget, June 2021

    June 4, 2021

    This workbook allows users to define and analyze alternative economic scenarios by specifying differences in the values of four economic variables relative to the values for those variables underlying CBO's February 2021 projections.

  • Interactive

    CBO's Waterfall Model For Projecting Discretionary Spending, March 2021

    March 17, 2021

    CBO’s interactive tool allows users to simulate the agency’s process for projecting discretionary budget authority and outlays for different types of spending over the course of 10 years.

  • Interactive

    How Changes in Revenues and Outlays Would Affect Debt Service, Deficits, and Debt

    February 17, 2021

    This interactive workbook allows users to see how revenues and outlays that differed from those in CBO’s February 2021 baseline budget projections would increase or decrease net interest costs and thus affect deficits and debt.

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