ReportNovember 19, 2015
In 2016, low- and moderate-income workers will face an effective marginal tax rate of 31 percent, on average. Federal individual income and payroll taxes will be the main contributors.
ReportSeptember 9, 2015
CBO describes federal housing assistance to low-income households and how it has changed since 2000, provides information about the households that receive assistance, and assesses options for altering that assistance.
ReportFebruary 11, 2013
During the past 40 years, federal spending for major means-tested programs and tax credits for low-income households more than tripled as a share of gross domestic product. In 2012, such spending totaled $588 billion.
ReportJanuary 24, 2013
The number and cost of refundable tax credits have grown considerably since 1975. Federal costs (in 2013 dollars) peaked at $238 billion in 2008, but costs will fall to $149 billion in 2013 before reaching $213 billion in 2021.