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- Report
CBO provides answers to four questions that Senator Lindsey Graham asked related to H.R. 5376, the Inflation Reduction Act of 2022, and broader economic conditions.
- Report
In CBO’s projections, the size of the U.S. population increases from 335 million people in 2022 to 369 million people in 2052. Population growth is increasingly driven by net immigration, which accounts for all population growth in 2043 and beyond.
- Report
The U.S. faces a challenging fiscal outlook according to CBO's extended baseline projections, which show budget deficits and federal debt held by the public growing steadily in relation to gross domestic product over the next three decades.
- Cost Estimate
As ordered Reported by the House Committee on Oversight and Reform on May 11, 2022
- Report
CBO estimates the costs of federal credit programs in 2023 in two ways—following procedures prescribed by the Federal Credit Reform Act (FCRA) and using a fair-value approach, which measures the market value of the government’s obligations.
- Report
CBO analyzes the effects of work requirements and work supports on employment and income of participants in Temporary Assistance for Needy Families, the Supplemental Nutrition Assistance Program, and Medicaid.
- Interactive
This workbook allows users to define and analyze alternative economic scenarios by specifying differences in the values of four economic variables from those underlying CBO's May 2022 projections.
- Report
To show how variations in economic conditions might affect its budget projections, CBO analyzed how the budget might change if values of four key economic variables differed from those in the agency’s forecast.
- Report
In CBO’s projections, assuming that current laws generally remain unchanged, the federal deficit totals $1.0 trillion in fiscal year 2022 and averages $1.6 trillion per year from 2023 to 2032. Real GDP grows by 3.1 percent this year.
- Presentation
Presentation by Michael Falkenheim and Wendy Kiska, analysts in CBO’s Financial Analysis Division, to the Federal Credit Policy Council.