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- Report
CBO focused on households’ consumption of a bundle of typical goods and services from 2019 to compare purchasing power in 2019 with that in 2023. On average, purchasing power increased, but the effects of inflation varied by income group.
- Recurring Data
- Presentation
Presentation by CBO analysts Rebecca Heller, Shannon Mok, and James Pearce, and Census Bureau research economist Jonathan Rothbaum at the American Economic Association Annual Meeting, Committee on Economic Statistics.
- Cost Estimate
As ordered reported by the House Committee on Financial Services on September 20, 2023
- Presentation
CBO regularly analyzes the distribution of income in the United States and how it has changed over time. This slide deck presents the distributions of household income, means-tested transfers, and federal taxes between 1979 and 2020.
- Report
In 2020, the coronavirus pandemic and the ensuing federal response had significant effects on the distribution of household income. Income inequality before transfers and taxes increased, but inequality after transfers and taxes decreased.
- Blog Post
To enhance its work for the Congress, CBO is looking for new research on how changes in federal policy affect different households, and how taxes affect the way businesses are legally structured.
- Report
CBO provides information to Members of Congress about the agency’s efforts to provide budgetary analysis related to the reauthorization of what is commonly known as the farm bill.
- Cost Estimate
As ordered reported by the House Committee on Agriculture on May 11, 2023
- Cost Estimate
As ordered reported by the House Committee on Agriculture on May 11, 2023