- Report
The federal budget deficit totaled $383 billion in October and November 2023, the first two months of fiscal year 2024, CBO estimates. That amount is $47 billion more than the deficit recorded during the same period last fiscal year.
- Report
To assess the full costs of federal loans and loan guarantees, CBO has developed a method for estimating the present value of the lifetime administrative costs of certain federal credit programs.
- Report
The House Transportation and Infrastructure Committee's Subcommittee on Highways and Transit convened a hearing at which Chad Shirley, an analyst at CBO, testified. This document provides CBO's answers to questions submitted for the record.
- Report
CBO estimates that eliminating the maintenance backlogs of roughly 20,000 buildings that the Navy uses and maintains in the United States would cost $17 billion. Renovating and modernizing the buildings would cost an additional $32 billion.
- Report
Julie Topoleski, CBO’s Director of Labor, Income Security, and Long-Term Analysis, testifies about CBO’s demographic projections before the Joint Economic Committee.
- Report
In 2020, the coronavirus pandemic and the ensuing federal response had significant effects on the distribution of household income. Income inequality before transfers and taxes increased, but inequality after transfers and taxes decreased.
- Report
CBO estimates the flood damage homes with federally backed mortgages are expected to face in multiyear periods centered on 2020 and 2050, reflecting the effects of climate change. The agency also analyzes where that damage is concentrated.
- Report
In fiscal year 2023, which ended on September 30, the federal budget deficit totaled nearly $1.7 trillion—an increase of $320 billion (or 23 percent) from the shortfall recorded in the previous year.
- Report
This spreadsheet provides the data that underlie CBO’s interactive force structure tool.
- Report
The Senate Committee on the Budget convened a hearing at which Chapin White, CBO’s Director of Health Analysis, testified. This document provides CBO’s answers to questions submitted for the record.