Economy
- Cost Estimate
H.R. 6316, Small Business Advocacy Improvements Act of 2018
As ordered reported by the House Committee on Small Business on July 18, 2018
- Cost Estimate
H.R. 6377, Save Community Newspaper Act of 2018
As ordered reported by the House Committee on Ways and Means on July 18, 2018
- Working Paper
Fiscal Substitution of Investment for Highway Infrastructure: Working Paper 2018-08
The federal government provides grants to state and local governments for their transportation infrastructure. State and local governments use some of those funds to replace funds that they would have provided for such investment.
- Blog Post
Director’s Statement on An Update to the Economic Outlook: 2018 to 2028
Today, CBO released An Update to the Economic Outlook: 2018 to 2028. The report presents the agency’s latest economic forecast, which includes projections of real (inflation-adjusted) gross domestic product (GDP) and other factors.
- Report
An Update to the Economic Outlook: 2018 to 2028
In CBO’s updated projections, real gross domestic product (GDP) grows by 3.1 percent in 2018 and by 2.4 percent in 2019 before slowing in the following years.
- Blog Post
CBO to Release Updated Economic Outlook on August 13
The report will include updates to CBO’s economic projections for the period from 2018 to 2028, but not updates to its baseline budget projections.
- Report
The Long-Term Budget Outlook Under Alternative Scenarios for Fiscal Policy
Expanding on its earlier long-term baseline projections, CBO shows how the federal budget and the economy would evolve under three scenarios in which laws would be changed to continue certain policies now in place, leading to higher debt.
- Report
Answers to Questions for the Record Following a Hearing Conducted by the House Committee on the Budget on CBO Oversight: Economic Assumptions, Baseline Construction, Cost Estimating, and Scoring
The House Budget Committee convened a hearing at which Deputy Director Mark Hadley testified about CBO’s baseline projections and cost estimates. This document provides CBO’s answers to questions submitted for the record by Chairman Womack.
- Report
CBO’s Projections of Federal Receipts and Expenditures in the National Income and Product Accounts
Federal receipts and expenditures in the national income and product accounts (NIPAs) differ in certain ways from revenues and outlays as shown in the federal budget. This report presents CBO’s baseline projections using the NIPA framework.
- Presentation
CBO’s Economic and Budget Projections
Presentation by Robert Arnold, Chief of the Projections Unit in CBO’s Macroeconomic Analysis Division, and Christina Hawley Anthony, Chief of the Projections Unit in CBO’s Budget Analysis Division, at the NABE Foundation’s 15th Annual Economic Measurement Seminar.