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- Blog Post
I am delighted to report that CBO has again been recognized by the Partnership for Public Service as one of the “Best Places to Work in the Federal Government.” In our third year of participation, CBO was second among 29 agencies in the small agency category. (You can see the results for all participating federal agencies at the Partnership’s Best Places to Work website.)
- Blog Post
The Congressional Budget Office will release The Budget and Economic Outlook: An Update on Wednesday, August 22. That report, which CBO issues annually in the late summer, will contain the agency’s updated economic and budget projections spanning the period from 2012 through 2022. It will be available on CBO’s website at 10:00 a.m. (Details about arrangements for the press may be found on the press page.)
- Blog Post
As I mentioned yesterday, CBO’s work benefits greatly from many outside experts. In addition to CBO’s Panel of Economic Advisers (whose members are listed in my previous post), we also rely on CBO’s Panel of Health Advisers to provide expertise on a variety of health care issues. Below is a list of current panel members: Henry Aaron, Ph.D. Senior Fellow, Economic Studies The Bruce and Virginia MacLaury Chair Brookings Institution
- Blog Post
CBO learns from many outside experts. Part of that learning comes through our panels of advisers, a Panel of Economic Advisers and a Panel of Health Advisers, which consist of widely recognized specialists on a range of issues. Those groups—whose membership includes previous CBO directors, other distinguished economists, and acknowledged experts in health care—meet to discuss important analytical issues in their areas of expertise and to advise the agency on its analyses.
- Blog Post
Today CBO released the second part of its analysis of the President’s 2013 budget—the proposals’ potential effects on the economy and, in turn, the impact of those economic effects on the budget. Last month, CBO released the first part of its analysis—the proposals’ budgetary impact without considering their effects on the economy.
- Report
In its analysis of the President’s proposals excluding any macroeconomic effects, CBO concluded that the federal budget deficit would equal $1.3 trillion in fiscal year 2012 and would decline to about $1.0 trillion in 2013.
- Report
The analysis is based on CBO's economic projections and estimating techniques (rather than the Administration's) and incorporates estimates by the staff of the Joint Committee on Taxation for the President's tax proposals.
- Blog Post
Each year, after the President releases his annual budget request in February, CBO analyzes the budget proposals and, using its own estimating procedures and economic assumptions, projects what the federal budget would look like over the next 10 years if those proposals were adopted. CBO usually provides those results in two parts.
- Report
Testimony before the Subcommittee on Legislative Branch, Committee on Appropriations, United States Senate
- Blog Post
CBO plans to release its updated baseline projections of federal spending, revenues, and budget deficits for the 2012–2022 period on Tuesday, March 13. CBO’s analysis of the President’s budgetary proposals will be released in a separate report a few days later.