Economy
- Working Paper
Estimating the Economic Effects of Federally Funded R&D: Working Paper 2026-08
CBO describes its current analytical framework for modeling the economic effects of changes in federal funding for R&D, focusing on two approaches that CBO has developed: an R&D capital stock approach and an R&D components approach.
- Report
An Analysis of Spending Proposals in the President's 2027 Budget
CBO estimates how the proposals in the President's budget request for 2027 would affect mandatory and discretionary spending over the 2027–2036 period.
- Report
The Treasury's Assistance to the Airline Industry and National Security Businesses During the COVID-19 Pandemic
CBO examines the terms and conditions of the Treasury's assistance provided to airlines and national security businesses during the COVID-19 pandemic and the resulting economic and budgetary effects.
- Working Paper
How CBO Estimated the Effects of the 2025 Reconciliation Act on the Labor Supply: Working Paper 2026-06
CBO describes how it estimated the effects on the labor supply of provisions in the 2025 reconciliation act related to individual income taxes and the Medicaid program.
- Report
Risk Sharing in the Federal Reserve's Emergency Lending Facilities During the COVID-19 Pandemic
CBO describes the role the Federal Reserve plays in stabilizing financial markets during crises and estimates the costs of programs created during the COVID-19 pandemic to provide liquidity and address stress in financial markets.
- Blog Post
CBO's Panel of Economic Advisers, 2026
CBO announces the current members of its Panel of Economic Advisers.
- Cost Estimate
H.R. 940, FAIR Exams Act
As reported by the House Committee on Financial Services on July 25, 2025
- Presentation
How Economists Can Help Inform Economic and Budget Analysis Used by the U.S. Congress
Presentation by Jeffrey Kling and Heidi Williams at the National Tax Association 56th Annual Spring Symposium.
- Report
Answers to Questions for the Record Following a Hearing on The Budget and Economic Outlook: 2026 to 2036
The Subcommittee on Fiscal Responsibility and Economic Growth of the Senate Committee on Finance convened a hearing at which CBO's Director testified. This document provides CBO's answers to questions submitted for the record.
- Presentation
CBO's Conventional Tariff Analysis Model
This slide deck provides an overview of the main model that CBO uses to produce conventional estimates of the budgetary effects of changes in tariffs.