Employment and Labor Markets
- 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.
- Report
Additional Information About the Economic Outlook: 2025 to 2035
CBO provides additional details about the economic forecast it published on January 17, 2025, in The Budget and Economic Outlook: 2025 to 2035.
- Report
Unemployment Insurance: Budgetary History and Projections
CBO examines trends in revenues and outlays associated with unemployment insurance and provides information about how CBO treats that program in its baseline projections and cost estimates.
- Report
The Budget and Economic Outlook: 2025 to 2035
In CBO’s projections, the federal budget deficit is $1.9 trillion this year, and federal debt rises to 118 percent of GDP in 2035. Economic growth slows and inflation declines over the next two years; both remain moderate after 2026.
- Report
Reconciling the Official Poverty Measure and CBO’s Distributional Analysis of Household Income
CBO examines how its method for analyzing the distribution of household income differs from the Census Bureau’s method for calculating the official poverty measure. The most important differences stem from what each method counts as income.
- Report
Artificial Intelligence and Its Potential Effects on the Economy and the Federal Budget
CBO provides an overview of the channels through which the adoption of artificial intelligence could affect the U.S. economy and the federal budget.
- Report
CBO’s Current View of the Economy From 2025 to 2027
CBO provides details about its latest projections of the economy through 2027. Those projections reflect economic developments and current law as of December 4, 2024.
- Report
Options for Reducing the Deficit: 2025 to 2034
CBO periodically issues a compendium of policy options and their estimated effects on the federal budget. This report presents 76 options for altering spending or revenues to reduce federal budget deficits over the next decade.
- Presentation
The Distribution of Household Income in 2021
Presentation by Bilal Habib, an analyst in CBO’s Tax Analysis Division, at the Association for Public Policy Analysis and Management Fall Conference.