- Report
The federal budget deficit was $1.8 trillion in fiscal year 2024, CBO estimates. The estimated deficit for 2024 was $139 billion more than the shortfall recorded during fiscal year 2023.
- Cost Estimate
As ordered reported by Senate Committee on Homeland Security and Governmental Affairs on September 18, 2024
- Blog Post
CBO's Director, Phillip Swagel, discusses his upcoming and recent presentations about the fiscal outlook and fiscal policy.
- Cost Estimate
As reported by the House Committee on Education and the Workforce on October 1, 2024
- Report
CBO describes how it selects and uses discount rates to produce estimates for a wide range of federal activities that can have budgetary effects far into the future.
- Report
CBO discusses prescription drug prices and approaches aimed at reducing those prices. Some of the approaches would cap prices or limit their growth, and other approaches would promote price competition or affect the flow of information.
- Report
CBO and JCT have estimated the effects on revenues and spending of many of the President’s budgetary proposals. This report builds on an earlier one that focused on the President’s proposals for discretionary spending.
- Presentation
Presentation by Robert Reese, Chief of CBO’s Natural and Physical Resources Cost Estimates Unit, to the AASHTO Transportation Policy Forum Virtual Meeting.
- Cost Estimate
As ordered reported by the Senate Committee on Indian Affairs on
July 25, 2024 - Cost Estimate
Letter to the Honorable Jodey Arrington, the Honorable Cathy McMorris Rodgers, the Honorable Jason Smith, the Honorable Charles E. Grassley, and the Honorable Mike Crapo