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- Report
The process for analyzing major health care legislation involves three key steps: develop an analytic strategy, model the effects of the proposal, and review and write about the estimate.
- Working Paper
This paper documents CBO’s model of potential output. It describes the data, analytic methods, and modeling framework used to estimate historical values of the components of potential output and to project those values into the future.
- Blog Post
Deputy Director Mark Hadley summarizes his remarks at yesterday’s House Budget Committee hearing.
- Report
On February 6, 2018, CBO staff testified before the House Budget Committee on the process and principles underlying the preparation of the agency’s baseline projections and cost estimates for legislation.
- Report
CBO is required to provide the Congress an annual report on spending, revenues, and deficits with subsequent revisions to that report. Here, CBO provides answers to questions about how it prepares its baseline projections for the budget.
- Report
The Congressional Budget Act of 1974 requires CBO to prepare cost estimates for legislation at certain points in the legislative process. This report provides answers to frequently asked questions about how CBO prepares those estimates.
- Working Paper
This paper describes how CBO produces its semiannual economic forecast, including background analysis, preliminary forecasts, and internal and external review. It also describes the large-scale macro model used to produce the forecast.
- Blog Post
Because people who do not work with CBO regularly are sometimes unfamiliar with its role and operations, Director Hall highlighted some key points about the agency during his testimony before the House Budget Committee.
- Report
On January 30, 2018, Director Keith Hall testified before the House Budget Committee on CBO’s work in 2017 and the agency’s plans for the future.
- Blog Post
CBO has been asked to produce a report that includes budget projections and an economic forecast that reflect the tax legislation and any major decisions about spending that the Congress makes in the next few weeks.