President's Budget

  • Report

    An Analysis of the President’s 2025 Budget

    CBO and JCT have estimated the effects on revenues and spending of many of the President’s budgetary proposals. This report builds on an earlier one that focused on the President’s proposals for discretionary spending.

  • Blog Post

    CBO to Release Updated Budget and Economic Outlook on June 18

    CBO will publish "An Update to the Budget and Economic Outlook: 2024 to 2034" on June 18 at 2 p.m. EDT. On June 27 at 2 p.m., CBO will publish "An Analysis of the Discretionary Spending Proposals in the President’s 2025 Budget."

  • Blog Post

    CBO to Release Updated Baseline Budget Projections on May 12

    CBO will release a report updating its 10-year budget baseline on May 12, and an analysis of the President’s 2024 discretionary proposals on May 18. Also in May, CBO will release an updated report on federal debt and the statutory limit.

  • Report

    An Analysis of the President’s 2023 Budget

    Under the President’s proposals, the cumulative deficit for the 2023-2032 period would be $2.6 trillion smaller than it is in CBO’s baseline projections because revenues would be higher and spending lower.

  • Blog Post

    Update on the Timing of CBO’s Analysis of the President’s Budget and Long-Term Projections

    CBO will publish An Analysis of the Discretionary Spending Proposals in the President’s 2023 Budget on July 1. On July 27, CBO will publish The 2022 Long-Term Budget Outlook.

  • Blog Post

    Update on the Timing of CBO’s Budget and Economic Projections

    CBO anticipates publishing its budget and economic projections during the week of May 23 and releasing its analysis of the President’s budget request by early July.

  • Blog Post

    The Effects of Increased Funding for the IRS

    CBO estimates that portions of the Administration’s proposal to increase funding for the IRS by $80 billion over the 2022–2031 period would increase revenues by approximately $200 billion over those 10 years.

  • Report

    An Analysis of Certain Proposals in the President’s 2022 Budget

    CBO analyzed the Administration’s request for discretionary funding and some proposals that affect mandatory spending. The need for CBO to support ongoing legislative activity prevented the agency from completing a comprehensive analysis.

  • Blog Post

    CBO to Publish Estimates for Some of the President’s Budget Proposals on July 30

    The Congressional Budget Office will publish estimates of the budgetary effects of some of the proposals in the President’s budget (which was released on May 28, 2021) on Friday, July 30, at 11:00 a.m.

  • Report

    An Analysis of the President's 2021 Budget

    On February 10, the Administration transmitted its annual set of budgetary proposals to the Congress. CBO estimates that in the coming decade deficits under those proposals would be smaller and debt held by the public would be lower than amounts in CBO’s baseline projections—but larger than the Administration projected. CBO’s estimates do not account for changes to the nation’s economic or fiscal outlook arising from the recent public health emergency.