Taxes
- Report
The Accuracy of CBO's Budget Projections for Fiscal Year 2025
In its June 2024 projections for fiscal year 2025, CBO underestimated revenues by 6 percent and outlays by 2 percent. The agency overestimated the federal budget deficit by 0.7 percent of GDP.
- Report
Sensitivity of the Distribution of Household Income to the Treatment of Health Insurance From 1979 to 2021
CBO provides details about how health insurance spending is measured in the agency's Distribution of Household Income report series.
- Blog Post
CBO Releases Planned for Early 2026
CBO announces what to expect in the coming weeks as the agency begins the new calendar year with a series of reports that offers updated insights into the nation's demographic trends, economic outlook, and budgetary conditions.
- Cost Estimate
Estimated Budgetary Effects of H.R. 6703, the Lower Health Care Premiums for All Americans Act
As introduced in the House of Representatives on December 12, 2025
- Cost Estimate
Estimated Budgetary Effects of S. 3385, the Lower Health Care Costs Act
As introduced in the Senate on December 8, 2025
- Blog Post
CBO's Updated Projections of the Budgetary Effects of Tariffs as of November 15, 2025
Tariffs have changed frequently throughout 2025. CBO has regularly updated Congress about how those changes affect projected tariff revenues. This blog post is the latest in that series.
- Presentation
CBO's Estimates of the 2017 Tax Act: Growth and Revenues
Presentation by Phillip Swagel, CBO's Director, at the 40th Annual National Bureau of Economic Research Tax Policy and the Economy Conference.
- Report
The Estimated Effects of Enacting Selected Health Coverage Policies on the Federal Budget and on the Number of People With Health Insurance
CBO estimates that permanently extending the expanded premium tax credit, nullifying a marketplace final rule, and repealing policies in the 2025 reconciliation act would increase deficits and the number of people with health insurance.
- Report
Clarifications of Marketplace Coverage and Eligibility Under Public Law 119-21 (H.R. 1) and the 2025 Marketplace Integrity and Affordability Rule
CBO provides information about the effects of P.L. 119-21 (H.R. 1) on health insurance purchased through the ACA marketplaces and on improper receipt of subsidies, and the effects of a final rule published by HHS on marketplace subsidies.
- Blog Post
An Update About CBO's Projections of the Budgetary Effects of Tariffs
As tariffs changed frequently throughout 2025, CBO has regularly updated the Congress about projected tariff revenues; this blog post is the latest in that series.