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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.
- Cost Estimate
As reported by the House Committee on Transportation and Infrastructure on May 8, 2024
- Cost Estimate
As ordered reported by the House Committee on Homeland Security on April 10, 2024
- Report
Eric J. Labs, an analyst in CBO’s National Security Division, testifies before the House Homeland Security Committee's Subcommittee on Transportation and Maritime Security on May 7, 2024.
- Cost Estimate
As ordered reported by the House Committee on Homeland Security on November 8, 2023
- 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 Homeland Security on November 8, 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.
- Cost Estimate
As ordered reported by the House Committee on Homeland Security on July 12, 2023