Poverty and Income Security
- Presentation
Economic Effects of Offering a Federal Paid Family and Medical Leave Program
The Build Back Better Act would establish a program whereby the federal government would provide paid family and medical leave for eligible workers. That program would affect workers, employers, and states.
- Cost Estimate
Estimated Budgetary Effects of Title II, Committee on Education and Labor, H.R. 5376, the Build Back Better Act
As Posted on the Website of the House Committee on Rules on November 3, 2021 (Rules Committee Print 117-18), as Amended by Yarmuth Amendment 112
- Report
The Distribution of Major Tax Expenditures in 2019
CBO examined how the benefits from major tax expenditures in the individual income tax and payroll tax systems were distributed among households in different income groups in 2019.
- Working Paper
How Changes in the Distribution of Earnings Affect the Federal Deficit: Working Paper 2021-12
This paper examines how the federal budget deficit would have differed in 2018 under four scenarios that vary the distribution of labor earnings while leaving aggregate earnings unchanged.
- Presentation
How CBO Adjusts for Underreporting of Means-Tested Transfers in Its Distributional Analyses
Presentation by Bilal Habib, an analyst in CBO’s Tax Analysis Division, at the Bureau of Labor Statistics' 2021 Consumption Symposium.
- Report
The Budgetary Effects of Major Laws Enacted in Response to the 2020–2021 Coronavirus Pandemic, December 2020 and March 2021
CBO describes how two laws enacted in December 2020 and March 2021 in response to the 2020–2021 coronavirus pandemic will affect federal spending, revenues, and the deficit.
- Report
Inflation and Its Effects
CBO addresses how household income is affected when inflation exceeds the growth of labor income, who pays higher taxes when inflation rises, and how high and unexpected inflation affects economic growth.
- Report
The Distribution of Household Income, 2018
In 2018, average household income after accounting for means-tested transfers and federal taxes was $37,700 among households in the lowest quintile and $243,900 among households in the highest quintile.
- Presentation
HISIM2: The Health Insurance Simulation Model Used in Preparing CBO’s July 2021 Baseline Budget Projections
HISIM2 is an updated version of the model CBO uses to generate estimates of health insurance coverage and premiums for people under age 65.
- Blog Post
CBO Updates Its Interactive Tool for Analyzing the Effects of Federal Minimum-Wage Increases
CBO updated its interactive tool that allows users to design options for increasing the minimum wage and to examine how they would affect earnings, employment, family income, and poverty.