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Over recent decades, corporate economic profits have grown faster than the amounts that corporations pay in federal taxes. CBO examined the factors that explain why corporate tax payments have not grown with corporate economic profits.

As posted by the House Committee on Rules on May 5, 2023 at https://rules.house.gov/bill/118/hr-2

The federal budget deficit was $928 billion in the first seven months of fiscal year 2023, CBO estimates—$568 billion more than the shortfall recorded during the same period last year.

As ordered reported by the House Committee on Foreign Affairs on April 28, 2023

Presentation by Julie Topoleski, Director of CBO’s Labor, Income Security, and Long-Term Analysis Division, at the 15th Annual Meeting of the OECD’s Working Party of Parliamentary Budget Officials and Independent Fiscal Institutions.

As ordered reported by the House Committee on Science, Space, and Technology on March 29, 2023

As ordered reported by the House Committee on Energy and Commerce on March 24, 2023

As ordered reported by the House Committee on Foreign Affairs on April 26, 2023

The Majority Leader of the House of Representatives announces bills that will be considered under suspension of the rules in that chamber. CBO estimates the effects of those bills on direct spending and revenues.

Presentation by Leah Koestner, an analyst in CBO’s Budget Analysis Division, at the American Enterprise Institute.