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- Report
Under current law, on December 9, federal debt will be at the statutory limit and the Treasury will need to use “extraordinary measures” to continue to raise cash. Those measures would probably be exhausted in late March or early April.
- Report
In the baseline projections CBO has issued each spring, projected outlays have generally been close to actual amounts, although they have been too high, on average—a consequence of the agency’s economic forecasts and other factors.
- Presentation
Presentation by Mark Hadley, CBO's Deputy Director, at the University of Wisconsin–Madison’s Tommy G. Thompson Center on Public Leadership.
- Blog Post
CBO and the staff of the Joint Committee on Taxation estimate that repealing that mandate starting in 2019 would reduce federal budget deficits by $338 billion between 2018 and 2027 relative to CBO’s most recent baseline.
- Presentation
Presentation by Keith Hall, CBO Director, to the Council for Affordable Health Coverage and the American Action Forum.
- Report
CBO’s economic forecasts have been comparable in quality to those of the Administration and the Blue Chip consensus. Large errors in CBO’s forecasts tend to reflect challenges faced by all forecasters.
- Blog Post
Later this afternoon CBO aims to publish a preliminary analysis of the direct spending and revenue effects of H.R. 1628, an amendment in the nature of a substitute [LYN17744], which was posted this morning on Senator Bill Cassidy’s website.
- Report
Federal receipts and expenditures in the national income and product accounts (NIPAs) differ in certain ways from revenues and outlays as shown in the federal budget. This report presents CBO’s baseline projections using the NIPA framework.
- Blog Post
CBO will provide as much qualitative information as possible about the effects of the legislation. However, CBO will not be able to provide point estimates of the effects on the deficit, health insurance coverage, or premiums for at least several weeks.
- Report
How much do companies benefit from corporate inversions? In this report, CBO analyzes the reasons for and effects of inversions. CBO also projects how inversions and certain other strategies will affect future U.S. corporate tax revenues.