Tax Rates
- Report
Projections of Deficits and Debt Under an Alternative Scenario for the Budget
CBO analyzed the effects of an alternative budget scenario in which certain provisions of the 2017 tax act were extended permanently and revenues were reduced by additional amounts.
- Report
The Long-Term Budget Outlook: 2025 to 2055
Extending the 10-year budget projections it published on January 17, 2025, CBO projects that federal debt held by the public, boosted by sustained deficits, will grow far beyond any previously recorded level over the next 30 years.
- Report
Projections of Deficits and Debt Under Alternative Scenarios for the Budget and Interest Rates
CBO analyzed the effects of alternative budget scenarios in which provisions of the 2017 tax act were extended and the average interest rate on federal debt increased.
- Report
Options for Reducing the Deficit: 2025 to 2034
CBO periodically issues a compendium of policy options and their estimated effects on the federal budget. This report presents 76 options for altering spending or revenues to reduce federal budget deficits over the next decade.
- Blog Post
Additional Information About the Effects of Expiring Provisions of the 2017 Tax Act in CBO’s Baseline Projections
CBO’s Director describes how expiring provisions of the 2017 tax act affect the agency’s baseline projections and reviews some information that has become available since CBO first estimated the effects of the tax act in April 2018.
- Presentation
CBO’s Model for Estimating the Effects on New Investment of Deductions to Recover the Cost of Capital
CBO describes how it uses its capital tax model, called CapTax, to estimate the effects that changes in deductions to recover the cost of new investment have on the incentives to invest in capital.
- Presentation
How the Expiring Individual Income Tax Provisions in the 2017 Tax Act Affect CBO’s Economic Forecast
CBO’s economic forecast reflects current law, including the expiration, at the end of 2025, of some provisions of the 2017 tax act. CBO analyzed how the expiration of those provisions affected projections that it published in February 2024.
- Report
Answers to Questions for the Record Following a Hearing on Social Security’s Finances
The Senate Committee on the Budget convened a hearing at which Molly Dahl, CBO's Chief of Long-Term Analysis, testified. This document provides CBO’s answers to questions submitted for the record.
- Report
Testimony on Social Security’s Finances
Molly Dahl, CBO's Chief of Long-Term Analysis, testifies before the Senate Committee on the Budget.
- Report
Part 2 of Answers to Questions for the Record Following a Hearing on An Update to the Budget and Economic Outlook: 2024 to 2034
The Senate Committee on the Budget convened a hearing at which Phillip L. Swagel, CBO's Director, testified. This document provides CBO’s answers to 18 of the 29 questions submitted for the record.