Budget
- Blog Post
CBO Releases Infographics About the Federal Budget in Fiscal Year 2024
View CBO’s budget infographics to see how much the federal government spent and took in during fiscal year 2024, as well as broader trends in the budget over the past few decades.
- Graphic
Discretionary Spending in Fiscal Year 2024: An Infographic
Discretionary outlays by the federal government totaled $1.8 trillion in 2024. Outlays for nondefense programs accounted for more than half of that total.
- Graphic
Mandatory Spending in Fiscal Year 2024: An Infographic
Mandatory outlays by the federal government totaled $4.1 trillion in 2024; more than half was for Social Security and Medicare. The largest increases over the past 20 years have been for the major health care programs.
- Graphic
Revenues in Fiscal Year 2024: An Infographic
Revenues received by the federal government in 2024 totaled $4.9 trillion, of which almost half was receipts from individual income taxes.
- Graphic
The Federal Budget in Fiscal Year 2024: An Infographic
The federal deficit in 2024 was $1.8 trillion, equal to 6.4 percent of gross domestic product.
- Blog Post
CBO to Release Long-Term Budget Projections
CBO will publish The Long-Term Budget Outlook: 2025 to 2055 on Thursday, March 27, at 2 p.m. EDT.
- Report
How Changes in Economic Conditions Might Affect the Federal Budget: 2025 to 2035
To show how variations in economic conditions might affect its budget projections, CBO analyzed how revenues, outlays, and deficits might change if the values of key economic variables differed from those in the agency’s forecast.
- Interactive
Workbook for How Changes in Economic Conditions Might Affect the Federal Budget: 2025 to 2035
This workbook allows users to define and analyze alternative economic scenarios by specifying differences in the values of four economic variables relative to the values underlying CBO’s January 2025 projections.
- Cost Estimate
H.R. 1968, Full-Year Continuing Appropriations and Extensions Act, 2025
As Posted on the Website of the House Committee on Rules, March 8, 2025
- Report
Testimony on the Navy’s 2025 Shipbuilding Plan and Its Implications for the Shipbuilding Industrial Base
Eric J. Labs, Senior Analyst for Naval Forces and Weapons in CBO’s National Security Division, testifies before the House Armed Services Committee's Subcommittee on Seapower and Projection Forces.