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- Report
The House Committee on the Budget convened a hearing at which Phillip L. Swagel, CBO's Director, testified. This document provides CBO’s answers to questions submitted for the record.
- Report
The federal budget deficit increases significantly in relation to gross domestic product over the next 30 years, in CBO’s projections, pushing federal debt held by the public far beyond any previously recorded level.
- Report
In CBO’s projections, federal budget deficits total $20 trillion over the 2025–2034 period and federal debt held by the public reaches 116 percent of GDP. Economic growth slows to 1.5 percent in 2024 and then continues at a moderate pace.
- Report
In CBO’s projections, the U.S. population increases from 342 million people in 2024 to 383 million people in 2054. Net immigration increasingly drives population growth, accounting for all population growth beginning in 2040.
- Recurring Data
Projections of the size of the population, immigration, emigration, mortality, and fertility.
- Report
CBO issues a volume that contains short descriptions of 59 policy options that would each reduce the federal budget deficit by less than $300 billion over the next 10 years.
- Cost Estimate
As reported by the House Committee on the Judiciary on June 7, 2022
- Cost Estimate
As reported by the House Committee on the Judiciary on November 15, 2022
- Report
In CBO’s projections, the size of the U.S. population increases from 335 million people in 2022 to 369 million people in 2052. Population growth is increasingly driven by net immigration, which accounts for all population growth in 2043 and beyond.
- Report
CBO responds to Congressman Jason Smith’s request to provide information about the cost of eight executive actions taken by the Biden Administration and how they are reflected in CBO’s baseline projections.