Economy
- Presentation
How CBO Develops the Economic Projections Underlying Its Long-Term Budget Projections
Presentation by Wendy Edelberg, an Associate Director for Economic Analysis at CBO, and Jeffrey Werling, Assistant Director of CBO's Macroeconomic Analysis Division, at the 2019 Social Security Technical Panel.
- Presentation
An Overview of The Budget and Economic Outlook: 2019 to 2029
Presentation by Christina Hawley Anthony, Chief of the Projections Unit in CBO’s Budget Analysis Division, Robert Arnold, Chief of the Projections Unit in CBO’s Macroeconomic Analysis Division, and Joshua Shakin, Chief of the Revenue Estimating Unit in CBO’s Tax Analysis Division, at a joint seminar with the Congressional Research Service.
- Report
Testimony on CBO’s Budget and Economic Outlook: 2019 to 2029
CBO Director Keith Hall testifies about The Budget and Economic Outlook: 2019 to 2029 before the House Budget Committee.
- Report
Testimony on CBO’s Budget and Economic Outlook: 2019 to 2029
CBO Director Keith Hall testifies about The Budget and Economic Outlook: 2019 to 2029 before the Senate Budget Committee.
- Blog Post
Director's Statement on The Budget and Economic Outlook: 2019 to 2029
This morning I briefed the press about The Budget and Economic Outlook: 2019 to 2029, which CBO published today. I delivered the following remarks about that report. Also presented here are some answers to questions that I expected to receive.
- Interactive
Workbook For How Changes in Economic Conditions Might Affect the Federal Budget, January 2019
This workbook allows users to enter an alternative scenario for productivity growth, labor force growth, inflation, or interest rates and see estimates of revenues, several types of spending, and deficits under those scenarios.
- Report
The Budget and Economic Outlook: 2019 to 2029
In CBO’s projections, deficits remain large by historical standards, and federal debt grows to equal 93 percent of GDP by 2029. As the effects of fiscal stimulus wane, projected economic growth falls back below the historical average.
- Report
The Effects of the Partial Shutdown Ending in January 2019
CBO estimates that the partial shutdown delayed $18 billion in federal spending and suspended some federal services, thus lowering the projected level of real GDP in the first quarter of 2019 by $8 billion (in 2019 dollars), or 0.2 percent.
- Report
Marginal Federal Tax Rates on Labor Income: 1962 to 2028
In this report, CBO projects, on the basis of current law, marginal federal tax rates on labor income from 2018 through 2028. So that current trends can be understood in a historical context, the projections are accompanied by rates from 1962.
- Presentation
Baseline Budget Projections
Presentation by Theresa Gullo, CBO’s Assistant Director for Budget Analysis, and John McClelland, CBO’s Assistant Director for Tax Analysis, at a joint seminar with the Congressional Research Service.