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- Report
The federal budget deficit was $2.8 trillion in fiscal year 2021, CBO estimates—$362 billion less than the deficit recorded in fiscal year 2020.
- Working Paper
CBO provides estimates of how much state and local governments that receive federal grants for highway capital projects substitute that funding for their own spending on highway capital.
- Report
CBO examined three broad options for reconfiguring the military if funding for the Department of Defense was reduced by $1 trillion (in 2022 dollars), or 14 percent, over the next 10 years.
- Presentation
Presentation by Eric J. Labs, an analyst in CBO’s National Security Division, to the American Shipbuilding Suppliers Association.
- Cost Estimate
As ordered reported by the Senate Committee on Commerce, Science, and Transportation on June 16, 2021
- Cost Estimate
As ordered reported by the House Committee on Education and Labor on July 15, 2021
- Cost Estimate
As ordered reported on September 9, 2021
- Cost Estimate
As ordered reported by the House Committee on Natural Resources on May 26, 2021
- Report
CBO estimates the costs of federal credit programs 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
In this report, the latest in a quarterly series, CBO highlights its recent work and summarizes its work in progress.