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  • Report

    The Demographic Outlook: 2023 to 2053

    January 24, 2023

    In CBO’s projections, the U.S. population increases from 336 million people in 2023 to 373 million people in 2053. Population growth is increasingly driven by net immigration, which accounts for all population growth beginning in 2042.

  • Report

    Expired and Expiring Authorizations of Appropriations for Fiscal Year 2023—Information for Legislation Enacted Through September 30, 2022

    January 13, 2023

    CBO reports annually on programs whose authorizations of appropriations have already expired or will expire. This information covers legislation enacted through September 30, 2022. A full report will be issued later this year.

  • Report

    Long-Term Implications of the 2023 Future Years Defense Program

    January 11, 2023

    CBO analyzes the Department of Defense’s (DoD’s) plans for 2023 through 2027 as presented in the 2023 Future Years Defense Program and projects that DoD’s costs would increase by 9 percent from 2027 to 2037 without the effects of inflation.

  • Report

    Monthly Budget Review: December 2022

    January 10, 2023

    The federal budget deficit was $418 billion in the first quarter of fiscal year 2023, CBO estimates—$41 billion more than the shortfall recorded during the same period last year.

  • Report

    The Accuracy of CBO’s Budget Projections for Fiscal Year 2022

    January 9, 2023

    In its July 2021 projections for fiscal year 2022, CBO underestimated revenues by 10 percent and outlays by 5 percent. CBO’s projection of the federal budget deficit for 2022 was more than the actual amount by 0.8 percent of GDP.

  • Report

    CBO’s Recent Publications and Work in Progress as of December 31, 2022

    January 5, 2023

    In this report, the latest in a quarterly series, CBO highlights its recent work and summarizes its work in progress.

  • Report

    An Introduction to the Congressional Budget Office

    January 3, 2023

    Learn more about CBO, its work, and its processes in an introduction to the agency that is typically updated at the start of each Congress.

  • Report

    CBO’s 2022 Long-Term Projections for Social Security

    December 16, 2022

    In CBO’s projections, spending on Social Security exceeds revenues to the program in 2022 and increases relative to GDP over the next 75 years, while revenues remain stable. If combined, the program’s trust funds would be exhausted in 2033.

  • Report

    Emissions of Carbon Dioxide in the Electric Power Sector

    December 13, 2022

    CBO describes recent trends in carbon dioxide (CO2) emissions in the electric power sector, changes in how electric power is produced and the reasons for those changes, and expectations for future CO2 emissions in that sector.

  • Report

    Emissions of Carbon Dioxide in the Transportation Sector

    December 13, 2022

    CBO provides an overview of emissions of carbon dioxide (CO2, the most common greenhouse gas) in the transportation sector, describing the sources of and trends in such emissions and projecting their future path.

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