• Report

    CBO estimates that if the Department of Defense implemented the plans described in its 2019 Future Years Defense Program, its base-budget costs (in 2019 dollars) would climb from the $617 billion requested for 2019 to $735 billion in 2033.

  • Report

    CBO did not publish the Monthly Budget Review for January 2019 because some data that the agency would have used to produce the report were unavailable as a result of the federal government’s partial shutdown from December 22, 2018, to January 25, 2019.

  • Report

    This report describes the methods used to assess how the new rules would affect the number of people who obtain health insurance and the costs of federal subsidies for that coverage. It also provides details about those projected effects.

  • Report

    CBO Director Keith Hall testifies about The Budget and Economic Outlook: 2019 to 2029 before the Senate Budget Committee.

  • Report

    CBO Director Keith Hall testifies about The Budget and Economic Outlook: 2019 to 2029 before the House Budget Committee.

  • Report

    In CBO’s projections, deficits remain large by historical standards, and federal debt grows to equal 93 percent of GDP by 2029. As the effects of fiscal stimulus wane, projected economic growth falls back below the historical average.

  • Report

    CBO estimates that the partial shutdown delayed $18 billion in federal spending and suspended some federal services, thus lowering the projected level of real GDP in the first quarter of 2019 by $8 billion (in 2019 dollars), or 0.2 percent.

  • Report

    In this report, CBO projects, on the basis of current law, marginal federal tax rates on labor income from 2018 through 2028. So that current trends can be understood in a historical context, the projections are accompanied by rates from 1962.

  • Report

    The Administration’s current plans for U.S. nuclear forces would cost $494 billion over the 2019–2028 period—$94 billion more than CBO’s 2017 estimate for the 2017–2026 period, in part because modernization programs continue to ramp up.

  • Report

    The federal budget deficit was $317 billion for the first quarter of fiscal year 2019, CBO estimates, $92 billion more than the deficit recorded during the same period last year.